Louisbourg Investments 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABBOTT LABORATORIES	COM	002824100	3,685,719	42,249	SH		SOLE		42,249	0	0
ABBVIE INC.	COM	00287Y109	378,323	2,129	SH		SOLE		2,129	0	0
ACCENTURE PLC	COM	G1151C101	2,621,511	8,855	SH		SOLE		8,855	0	0
AGILENT TECHNOLOGIES, INC.	COM	00846U101	3,429,527	31,620	SH		SOLE		31,620	0	0
AGNICO-EAGLE MINES LIMITED	COM	008474108	2,556,975	32,700	SH		SOLE		32,700	0	0
GOOGLE INC.	COM	02079K305	1,204,894	6,365	SH		SOLE		6,365	0	0
GOOGLE INC.	COM	02079K107	8,218,191	53,868	SH		SOLE		53,868	0	0
ALTRIA GROUP, INC.	COM	02209S103	44,969	860	SH		SOLE		860	0	0
AMAZON.COM, INC.	COM	023135106	4,499,567	24,609	SH		SOLE		24,609	0	0
AMGEN INC.	COM	031162100	443,088	1,700	SH		SOLE		1,700	0	0
APPLE INC.	COM	037833100	621,785	2,940	SH		SOLE		2,940	0	0
APPLIED MATERIALS, INC.	COM	038222105	1,626	10	SH		SOLE		10	0	0
ASML HOLDINGS NY REG ADR	COM	N07059210	623,772	900	SH		SOLE		900	0	0
AUTOMATIC DATA PROCESSING, INC.	COM	053015103	31,029	106	SH		SOLE		106	0	0
AUTOZONE, INC.	COM	053332102	25,616	8	SH		SOLE		8	0	0
BANK OF MONTREAL	COM	063671101	817,777	8,428	SH		SOLE		8,428	0	0
BANK OF NEW YORK MELLON CORPORATION	COM	064058100	2,452,442	44,113	SH		SOLE		44,113	0	0
BANK OF NOVA SCOTIA	COM	064149107	11,368,055	211,809	SH		SOLE		211,809	0	0
BARRICK GOLD CORPORATION	COM	067901108	24,410	1,575	SH		SOLE		1,575	0	0
BCE INC.	COM	05534B760	101,939	4,400	SH		SOLE		4,400	0	0
BECTON, DICKINSON AND COMPANY	COM	075887109	6,055,966	34,765	SH		SOLE		34,765	0	0
BERKSHIRE HATHAWAY INC.	COM	084670702	547,562	1,208	SH		SOLE		1,208	0	0
BERKSHIRE HATHAWAY INC.	COM	084670108	5,447,360	8	SH		SOLE		8	0	0
BHP BILLITON LIMITED	COM	088606108	541,036	11,080	SH		SOLE		11,080	0	0
BOSTON SCIENTIFIC . COM	COM	101137107	887,057	13,135	SH		SOLE		13,135	0	0
BP PLC	COM	055622104	581,741	19,680	SH		SOLE		19,680	0	0
BROADCOM INC.	COM	11135F101	4,988,775	26,090	SH		SOLE		26,090	0	0
BROOKFIELD ASSET MANAGEMENT INC.	COM	113004105	2,686,048	49,552	SH		SOLE		49,552	0	0
BROOKFIELD CORP	COM	11271J107	11,266,698	196,124	SH		SOLE		196,124	0	0
BROOKFIELD INFRASTRUCTURE PARTNERS	COM	G16252101	63,651	2,004	SH		SOLE		2,004	0	0
CANADIAN IMPERIAL BANK OF COMMERCE	COM	136069101	7,587	120	SH		SOLE		120	0	0
CANADIAN NATIONAL RAILWAY COMPANY	COM	136375102	29,136,046	287,069	SH		SOLE		287,069	0	0
CANADIAN NATURAL RESOURCES LIMITED	COM	136385101	5,420,272	175,652	SH		SOLE		175,652	0	0
CANADIAN PACIFIC RAILWAY LIMITED	COM	13646K108	3,404,274	47,041	SH		SOLE		47,041	0	0
CANOPY GROWTH CORP	COM	138035704	5	2	SH		SOLE		2	0	0
CBRE GROUP, INC.	COM	12504L109	3,276,308	29,685	SH		SOLE		29,685	0	0
CELESTICA INC.	COM	15101Q207	2,960,914	32,100	SH		SOLE		32,100	0	0
CENCORA INC	COM	03073E105	109,644	488	SH		SOLE		488	0	0
CENOVUS ENERGY INC.	COM	15135U109	9,091	600	SH		SOLE		600	0	0
CENTERPOINT ENERGY, INC.	COM	15189T107	3,245,289	141,088	SH		SOLE		141,088	0	0
CGI INC.	COM	12532H104	2,255,746	20,627	SH		SOLE		20,627	0	0
CHECK POINT SOFTWARE TECH	COM	M22465104	150,293	805	SH		SOLE		805	0	0
CHEVRON CORPORATION	COM	166764100	72,420	500	SH		SOLE		500	0	0
CISCO SYSTEMS, INC.	COM	17275R102	30,488	515	SH		SOLE		515	0	0
COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION	COM	192446102	4,197,838	70,031	SH		SOLE		70,031	0	0
COLGATE-PALMOLIVE COMPANY	COM	194162103	24,000	264	SH		SOLE		264	0	0
Colliers International Group	COM	194693107	4,364,660	32,112	SH		SOLE		32,112	0	0
CONOCOPHILLIPS	COM	20825C104	4,314,556	55,972	SH		SOLE		55,972	0	0
COSTCO WHOLESALE CORPORATION	COM	22160K105	2,015,794	2,200	SH		SOLE		2,200	0	0
CVS CORPORATION	COM	126650100	7,856	175	SH		SOLE		175	0	0
DENTSPLY INTERNATIONAL INC.	COM	24906P109	1,898	100	SH		SOLE		100	0	0
DESCARTES SYSTEMS GROUP INC.	COM	249906108	578,296	5,090	SH		SOLE		5,090	0	0
DIAGEO PLC	COM	25243Q205	1,376,309	10,826	SH		SOLE		10,826	0	0
DOCEBO INC	COM	25609L105	1,634,358	36,465	SH		SOLE		36,465	0	0
DOLLAR GENERAL CORP.	COM	256677105	1,634,417	29,752	SH		SOLE		29,752	0	0
DOLLAR TREE, INC.	COM	256746108	2,832,815	49,750	SH		SOLE		49,750	0	0
DUKE ENERGY CORPORATION	COM	26441C204	86,192	800	SH		SOLE		800	0	0
EMBECTA CORP	COM	29082K105	351	17	SH		SOLE		17	0	0
ENBRIDGE INC.	COM	29250N105	681,325	16,061	SH		SOLE		16,061	0	0
ENTEGRIS INC	COM	29362U104	1,791,439	21,765	SH		SOLE		21,765	0	0
ENTERGY CORPORATION	COM	29364G103	106,148	1,400	SH		SOLE		1,400	0	0
FORTIS, INC.	COM	349553107	3,554,936	85,597	SH		SOLE		85,597	0	0
GILDAN ACTIVEWEAR INC.	COM	375916103	11,013,751	234,146	SH		SOLE		234,146	0	0
GOLDMAN SACHS GROUP, INC.	COM	381430602	2,074	30	SH		SOLE		30	0	0
GOLDMAN SACHS GROUP, INC.	COM	38141G104	1,374,303	3,354	SH		SOLE		3,354	0	0
GREENFIRE RESOURCES LTD	COM	39525U107	1,787,149	253,479	SH		SOLE		253,479	0	0
HIVE BLOCKCHAIN TECHNOLOGIES	COM	433921103	4,781	1,673	SH		SOLE		1,673	0	0
HOME DEPOT, INC. (THE)	COM	437076102	1,594,859	4,100	SH		SOLE		4,100	0	0
INTEL CORPORATION	COM	458140100	1,203	60	SH		SOLE		60	0	0
INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM)	COM	459200101	94,967	432	SH		SOLE		432	0	0
INVESCO S&P 500 EQUAL WEIGHT	COM	46137V357	7,605,096	61,400	SH		SOLE		61,400	0	0
BLACKROCK FUND ADVISORS	COM	46432F842	5,330,156	75,842	SH		SOLE		75,842	0	0
BLACKROCK FUND ADVISORS	COM	464288372	762,933	14,596	SH		SOLE		14,596	0	0
BLACKROCK FUND ADVISORS	COM	464285204	9,902	200	SH		SOLE		200	0	0
BLACKROCK FUND ADVISORS	COM	464287465	5,671	75	SH		SOLE		75	0	0
BLACKROCK FUND ADVISORS	COM	464287200	10,666,882	18,120	SH		SOLE		18,120	0	0
BLACKROCK FUND ADVISORS	COM	46428Q109	7,899	300	SH		SOLE		300	0	0
JACOB SOLUTIONS INC	COM	46982L108	3,438,494	31,768	SH		SOLE		31,768	0	0
JOHNSON & JOHNSON	COM	478160104	5,369,255	47,702	SH		SOLE		47,702	0	0
KIMBERLY-CLARK CORPORATION	COM	494368103	22,277	170	SH		SOLE		170	0	0
KINROSS GOLD CORPORATION	COM	496902404	2,622,288	282,500	SH		SOLE		282,500	0	0
KKR & CO INC	COM	48251W104	1,268,671	10,442	SH		SOLE		10,442	0	0
KLA-TENCOR CORPORATION	COM	482480100	988,369	2,216	SH		SOLE		2,216	0	0
LEIDOS HOLDINGS INC	COM	525327102	3,018,823	25,206	SH		SOLE		25,206	0	0
LIGHTSPEED COMMERCE INC	COM	53229C107	7,660,539	502,618	SH		SOLE		502,618	0	0
LINDE PLC	COM	G54950103	25,120	60	SH		SOLE		60	0	0
LITHIUM AMERICAS CORP	COM	53681J103	8,043	2,690	SH		SOLE		2,690	0	0
LOCKHEED MARTIN CORPORATION	COM	539830109	65,116	134	SH		SOLE		134	0	0
MANULIFE FINANCIAL CORPORATION	COM	56501R106	383,598	12,493	SH		SOLE		12,493	0	0
MARSH & MCLENNAN COMPANIES, INC.	COM	571748102	1,235,929	8,211	SH		SOLE		8,211	0	0
MCDONALD'S CORPORATION	COM	580135101	2,475,991	10,177	SH		SOLE		10,177	0	0
MERCK & CO., INC.	COM	58933Y105	39,991	402	SH		SOLE		402	0	0
META PLATFORMS INC	COM	30303M102	5,119,188	11,446	SH		SOLE		11,446	0	0
METHANEX CORPORATION	COM	59151K108	999	20	SH		SOLE		20	0	0
MGM ressources	COM	552953101	35	1	SH		SOLE		1	0	0
MICROSOFT CORPORATION	COM	594918104	10,040,119	29,712	SH		SOLE		29,712	0	0
MIND MEDICINE MINDMED INC	COM	60255C885	362	52	SH		SOLE		52	0	0
MITSUBISHI UFJ FINANCIAL GROUP, INC.	COM	606822104	531,033	45,310	SH		SOLE		45,310	0	0
MODERNA INC	COM	60770K107	2,578	62	SH		SOLE		62	0	0
MOTOROLA SOLUTIONS, INC.	COM	620076307	31,432	68	SH		SOLE		68	0	0
NETFLIX INC.	COM	64110L106	975,808	1,206	SH		SOLE		1,206	0	0
NEWMONT GOLDCORP CORPORATION	COM	651639106	20,133	541	SH		SOLE		541	0	0
NEXTERA ENERGY, INC.	COM	65339F101	31,544	440	SH		SOLE		440	0	0
NIKE, INC.	COM	654106103	340,515	4,500	SH		SOLE		4,500	0	0
NUTRIEN LTD.	COM	67077M108	3,580	80	SH		SOLE		80	0	0
NUTRIEN LTD.	COM	67077M108	3,960,765	88,563	SH		SOLE		88,563	0	0
NVIDIA CORPORATION	COM	67066G104	569,658	4,242	SH		SOLE		4,242	0	0
O'REILLY AUTOMOTIVE, INC.	COM	67103H107	105,536	89	SH		SOLE		89	0	0
OPEN TEXT CORPORATION	COM	683715106	3,286,023	116,174	SH		SOLE		116,174	0	0
ORACLE CORPORATION	COM	68389X105	3,041,545	19,839	SH		SOLE		19,839	0	0
ORGANIGRAM HOLDINGS INC	COM	68620P101	7,996	5,000	SH		SOLE		5,000	0	0
OSISKO GOLD ROYALTIES LTD.	COM	68827L101	2,834,975	156,637	SH		SOLE		156,637	0	0
UNITED TECHNOLOGIES CORPORATION	COM	68902V107	2,441,964	32,164	SH		SOLE		32,164	0	0
ENCANA CORPORATION	COM	69047Q102	14,049	347	SH		SOLE		347	0	0
PAYCHEX, INC.	COM	704326107	168,264	1,200	SH		SOLE		1,200	0	0
PAYPAL HOLDINGS INC	COM	70450Y103	427	5	SH		SOLE		5	0	0
PEMBINA PIPELINE CORPORATION	COM	706327103	306,282	8,294	SH		SOLE		8,294	0	0
PFIZER INC.	COM	717081103	45,101	1,700	SH		SOLE		1,700	0	0
UNITED TECHNOLOGIES CORPORATION	COM	75513E101	73,482	635	SH		SOLE		635	0	0
REPUBLIC SERVICES, INC.	COM	760759100	29,775	148	SH		SOLE		148	0	0
RESTAURANT BRANDS INTERNATIONA	COM	76131D103	4,643,329	71,278	SH		SOLE		71,278	0	0
RIO TINTO PLC	COM	767204100	569,281	9,680	SH		SOLE		9,680	0	0
ROGERS COMMUNICATIONS, INC.	COM	775109200	7,573,014	246,470	SH		SOLE		246,470	0	0
ROPER INDUSTRIES, INC.	COM	776696106	24,433	47	SH		SOLE		47	0	0
ROSS STORES, INC.	COM	778296103	1,962,701	16,465	SH		SOLE		16,465	0	0
ROYAL BANK OF CANADA	COM	780087102	3,843,963	31,897	SH		SOLE		31,897	0	0
SALESFORCE.COM, INC.	COM	79466L302	6,147,723	23,187	SH		SOLE		23,187	0	0
SANDSTORM GOLD LTD.	COM	80013R206	4,070,771	728,182	SH		SOLE		728,182	0	0
SAP SE	COM	803054204	758,327	3,080	SH		SOLE		3,080	0	0
ROYAL DUTCH SHELL PLC	COM	780259305	1,145,869	18,290	SH		SOLE		18,290	0	0
SHOPIFY INC - CLASS A	COM	82509L107	11,724,659	110,219	SH		SOLE		110,219	0	0
SNDL INC	COM	83307B101	5,191	2,900	SH		SOLE		2,900	0	0
STATE STREET CORPORATION	COM	78462F103	423,736	723	SH		SOLE		723	0	0
STANTEC INC.	COM	85472N109	3,436,175	43,819	SH		SOLE		43,819	0	0
SUMITOMO MITSUI FINANCIAL GROUP, INC.	COM	86562M209	386,187	26,652	SH		SOLE		26,652	0	0
SUN LIFE FINANCIAL INC.	COM	866796105	74,300	1,252	SH		SOLE		1,252	0	0
SUNCOR ENERGY, INC.	COM	867224107	5,512,775	154,521	SH		SOLE		154,521	0	0
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD.	COM	874039100	7,115,986	42,330	SH		SOLE		42,330	0	0
TRANSCANADA CORPORATION	COM	87807B107	511,205	10,975	SH		SOLE		10,975	0	0
TECK RESOURCES LTD.	COM	878742204	5,338,727	131,746	SH		SOLE		131,746	0	0
TELUS CORPORATION	COM	87971M103	428,368	31,610	SH		SOLE		31,610	0	0
THE WALT DISNEY COMPANY	COM	254687106	4,194,093	47,499	SH		SOLE		47,499	0	0
THOMSON REUTERS CORPORATION	COM	884903808	1,255,372	7,822	SH		SOLE		7,822	0	0
TJX COMPANIES, INC.	COM	872540109	1,268,505	10,500	SH		SOLE		10,500	0	0
T-MOBILE US INC	COM	872590104	5,018,557	28,758	SH		SOLE		28,758	0	0
TORONTO-DOMINION BANK	COM	891160509	10,218,208	192,027	SH		SOLE		192,027	0	0
TOTAL SA	COM	89151E109	394,580	7,240	SH		SOLE		7,240	0	0
TOYOTA MOTOR CORPORATION	COM	892331307	416,465	2,140	SH		SOLE		2,140	0	0
TRANSALTA CORPORATION	COM	89346D107	3,439,222	243,300	SH		SOLE		243,300	0	0
ULTA BEAUTY INC	COM	90384S303	1,862,107	5,647	SH		SOLE		5,647	0	0
UNION PACIFIC CORPORATION	COM	907818108	2,346,894	12,893	SH		SOLE		12,893	0	0
UNITED PARCEL SERVICE, INC	COM	911312106	5,044	40	SH		SOLE		40	0	0
UNITED RENTALS INC	COM	911363109	3,288,923	5,784	SH		SOLE		5,784	0	0
THE VANGUARD GROUP INC.	COM	922042858	2,435,946	55,312	SH		SOLE		55,312	0	0
VANGUARD GROUP	COM	921943858	478,200	10,000	SH		SOLE		10,000	0	0
VANGUARD GROUP	COM	922908363	5,597,928	10,389	SH		SOLE		10,389	0	0
VERISIGN INC.	COM	92343E102	31,044	150	SH		SOLE		150	0	0
MYLAN INC.	COM	92556V106	149	12	SH		SOLE		12	0	0
VISA INC.	COM	92826C839	3,435,119	13,889	SH		SOLE		13,889	0	0
WABTEC CORPORATION	COM	929740108	758	4	SH		SOLE		4	0	0
WAL-MART STORES, INC.	COM	931142103	1,549,503	17,150	SH		SOLE		17,150	0	0
Waste Connections Inc	COM	94106B101	18,004	105	SH		SOLE		105	0	0
WASTE MANAGEMENT INC	COM	94106L109	24,820	123	SH		SOLE		123	0	0
WELLS FARGO & COMPANY	COM	949746101	1,474,405	29,244	SH		SOLE		29,244	0	0
WHEATON PRECIOUS METALS CORP.	COM	962879102	4,468,221	79,424	SH		SOLE		79,424	0	0
Willis Tower Watson PLC	COM	G96629103	3,651,861	15,491	SH		SOLE		15,491	0	0
WYNN RESORTS, LTD.	COM	983134107	86	1	SH		SOLE		1	0	0
YUM! BRANDS, INC	COM	988498101	26,027	194	SH		SOLE		194	0	0
ZIMVIE INC	COM	98888T107	98	7	SH		SOLE		7	0	0