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: July 31, 2015
Estimated average burden
hours per response: 23.8
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
Adobe Systems Inc. COM 00724F101 8,084,778 33,695 SH SOLE 33,695 0 0
ADVANCED MICRO DEVICES, I COM 007903107 222,680 364 SH SOLE 364 0 0
Agnico Eagle Mines Ltd COM 008474108 417,673 2,281 SH SOLE 2,281 0 0
Allstate Corporation COM 020002101 11,347,029 51,145 SH SOLE 51,145 0 0
Alphabet Inc. Class A COM 02079K305 21,610,288 62,806 SH SOLE 62,806 0 0
Alphabet Inc. Class C CAP STK CL A 02079K107 1,089,686 3,198 SH SOLE 3,198 0 0
Amazon.Com Inc CAP STK CL C 023135106 12,938,608 51,931 SH SOLE 51,931 0 0
American Express Co. COM 025816109 10,015,229 32,934 SH SOLE 32,934 0 0
Amgen COM 031162100 389,896 925 SH SOLE 925 0 0
Apple Inc. COM 037833100 5,597,733 16,809 SH SOLE 16,809 0 0
Automatic Data Processing Inc. COM 053015103 7,007,619 27,155 SH SOLE 27,155 0 0
Bank of Montreal COM 063671101 17,062,740 102,044 SH SOLE 102,044 0 0
Bank of Nova Scotia COM 064149107 10,810,596 118,893 SH SOLE 118,893 0 0
BCE Inc COM 05534B760 4,010,209 197,008 SH SOLE 197,008 0 0
Berkshire Hathaway B CL B NEW 084670702 11,476,253 23,047 SH SOLE 23,047 0 0
BERKSHIRE HATHAWAY CL A CL A 084670108 747,005 1 SH SOLE 1 0 0
Brookfield Corp COM 11271J107 6,724,736 184,334 SH SOLE 184,334 0 0
Caterpillar Inc. COM 149123101 202,697 250 SH SOLE 250 0 0
Cdn Imperial Bank of Commerce COM 136069101 16,403,086 148,948 SH SOLE 148,948 0 0
Cdn National Railway COM 136375102 14,522,443 122,009 SH SOLE 122,009 0 0
Cdn Natural Resources COM 136385101 5,935,039 126,201 SH SOLE 126,201 0 0
Cdn Pacific KC Railway Ltd COM 13646K108 13,674,269 160,570 SH SOLE 160,570 0 0
Cisco Systems Inc COM 17275R102 11,935,090 110,890 SH SOLE 110,890 0 0
Corning Inc. COM 219350105 384,400 2,500 SH SOLE 2,500 0 0
Costco Wholesale Corp COM 22160K105 457,901 503 SH SOLE 503 0 0
CVS Health Corporation COM 126650100 9,547,665 111,421 SH SOLE 111,421 0 0
Diageo PLC ADR SPONSORED ADR 25243Q205 5,159,968 60,280 SH SOLE 60,280 0 0
Eli Lilly & Co COM 532457108 716,232 619 SH SOLE 619 0 0
Fortis Inc. COM 349553107 241,853 4,579 SH SOLE 4,579 0 0
Franco-Nevada Corp COM 351858105 329,470 1,384 SH SOLE 1,384 0 0
Goldman Sachs COM 38141G104 9,384,452 10,423 SH SOLE 10,423 0 0
Humana Inc. COM 444859102 305,256 800 SH SOLE 800 0 0
ING Groep ADR SPONSORED ADR 456837103 363,875 10,250 SH SOLE 10,250 0 0
iShares iBoxx $ High Yield Corporate Bond ETF ETF 464288513 725,001 9,390 SH SOLE 9,390 0 0
iShares MSCI Canada ETF ETF 464286509 610,187 10,452 SH SOLE 10,452 0 0
iShares MSCI World ETF ETF 464286392 1,445,466 7,009 SH SOLE 7,009 0 0
Johnson & Johnson COM 478160104 10,449,817 39,472 SH SOLE 39,472 0 0
JPMorgan Chase & Co COM 46625H100 12,959,603 39,173 SH SOLE 39,173 0 0
Kenvue Inc COM 49177J102 3,548,247 200,920 SH SOLE 200,920 0 0
Kimberly Clark Corp COM 494368103 2,548,086 26,153 SH SOLE 26,153 0 0
Linde PLC COM G5494J103 5,783,610 12,185 SH SOLE 12,185 0 0
Manulife Financial Corp COM 56501R106 9,461,722 222,064 SH SOLE 222,064 0 0
McDonalds Corp COM 580135101 4,838,193 20,950 SH SOLE 20,950 0 0
Merck & Company COM 58933Y105 439,272 3,023 SH SOLE 3,023 0 0
Meta Platforms COM 30303M102 7,494,735 10,335 SH SOLE 10,335 0 0
Microsoft Corp COM 594918104 18,589,547 36,244 SH SOLE 36,244 0 0
Morgan Stanley COM 617446448 9,700,414 51,576 SH SOLE 51,576 0 0
Nike Inc.Cl B CL B 654106103 1,318,083 37,234 SH SOLE 37,234 0 0
Nutrien COM 67077M108 8,169,571 116,338 SH SOLE 116,338 0 0
NVIDIA COM 67066G104 857,795 3,756 SH SOLE 3,756 0 0
Pepsico Inc. COM 713448108 4,424,428 34,915 SH SOLE 34,915 0 0
Procter and Gamble COM 742718109 306,395 2,109 SH SOLE 2,109 0 0
Rogers Communications CL B 775109200 5,481,060 178,014 SH SOLE 178,014 0 0
Royal Bank of Canada COM 780087102 26,194,230 133,170 SH SOLE 133,170 0 0
Royal Caribbean Cruises COM V7780T103 265,860 1,000 SH SOLE 1,000 0 0
Smith & Nephew PLC ADR SPONSORED ADR 83175M205 7,482,100 277,526 SH SOLE 277,526 0 0
SPDR Bloomberg Barclays High Yield Bond ETF ETF 78468R622 226,310 2,440 SH SOLE 2,440 0 0
Starbucks Corp COM 855244109 6,791,240 72,278 SH SOLE 72,278 0 0
State Street Corp COM 857477103 6,922,493 39,650 SH SOLE 39,650 0 0
Sun Life Financial COM 866796105 13,211,569 169,514 SH SOLE 169,514 0 0
Suncor Energy Inc. COM 867224107 251,286 3,706 SH SOLE 3,706 0 0
Taiwan Semiconductor Mfg ADR SPONSORED ADR 874039100 13,838,067 30,334 SH SOLE 30,334 0 0
TC Energy COM 87807B107 12,270,993 211,970 SH SOLE 211,970 0 0
Telus (US Listed) COM 87971M103 3,325,882 396,106 SH SOLE 396,106 0 0
Toronto Dominion Bank COM 891160509 19,080,435 162,285 SH SOLE 162,285 0 0
Tractor Supply Co COM 892356106 2,793,633 89,282 SH SOLE 89,282 0 0
Unilever PLC ADR SPONSORED ADR 904767803 5,384,078 88,656 SH SOLE 88,656 0 0
Viatris Inc COM 92556V106 6,302,844 355,691 SH SOLE 355,691 0 0
Visa Inc. COM 92826C839 10,473,750 29,148 SH SOLE 29,148 0 0
Wal Mart Stores COM 931142103 388,245 3,736 SH SOLE 3,736 0 0
Walt Disney Co. COM 254687106 7,814,420 74,494 SH SOLE 74,494 0 0
ZOETIS INC CL A CL A 98978V103 2,827,067 40,485 SH SOLE 40,485 0 0