SPDR GOLD TR GOLD SHS 78463V107 22855 60 SH SOLE 60 0 0 ISHARES GOLD TR ISHARES NEW 464285204 32732 419 SH SOLE 419 0 0 BCE INC COM NEW 05534B760 3753439 184394 SH SOLE 184394 0 0 ROGERS COMMUNICATIONS INC CL B 775109200 1033643 33571 SH SOLE 33571 0 0 TELUS CORPORATION COM 87971M103 1215009 144703 SH SOLE 144703 0 0 MAGNA INTL INC COM 559222401 64211 1008 SH SOLE 1008 0 0 RESTAURANT BRANDS INTL INC COM 76131D103 3487 49 SH SOLE 49 0 0 CAMECO CORP COM 13321L108 359078 4142 SH SOLE 4142 0 0 CANADIAN NAT RES LTD MED TER COM 136385101 4620954 98260 SH SOLE 98260 0 0 CENOVUS ENERGY INC COM 15135U109 665714 21416 SH SOLE 21416 0 0 ENBRIDGE INC COM 29250N105 3837974 82573 SH SOLE 82573 0 0 IMPERIAL OIL LTD COM NEW 453038408 3498647 28453 SH SOLE 28453 0 0 PEMBINA PIPELINE CORP COM 706327103 486429 10897 SH SOLE 10897 0 0 SUNCOR ENERGY INC NEW COM 867224107 9630540 142033 SH SOLE 142033 0 0 TC ENERGY CORP COM 87807B107 646465 11167 SH SOLE 11167 0 0 SOUTH BOW CORP COM 83671M105 14110 426 SH SOLE 426 0 0 VERMILION ENERGY INC COM 923725105 54376 4780 SH SOLE 4780 0 0 BANK OF MONTREAL COM 063671101 3916339 23422 SH SOLE 23422 0 0 BANK NOVA SCOTIA B C COM 064149107 12615565 138741 SH SOLE 138741 0 0 BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS 113004105 2555171 57259 SH SOLE 57259 0 0 BROOKFIELD CORP CL A LTD VT SH 11271J107 5699526 156232 SH SOLE 156232 0 0 CANADIAN IMPERIAL BANK OF CO COM 136069101 6304550 57249 SH SOLE 57249 0 0 MANULIFE FINL CORP COM 56501R106 8777461 206004 SH SOLE 206004 0 0 ROYAL BK CDA COM 780087102 9328776 47427 SH SOLE 47427 0 0 SUN LIFE FINANCIAL INC. COM 866796105 3647609 46802 SH SOLE 46802 0 0 TORONTO DOMINION BK ONT COM NEW 891160509 13974971 118862 SH SOLE 118862 0 0 CANADIAN PACIFIC KANSAS CITY COM 13646K108 7686475 90259 SH SOLE 90259 0 0 CANADIAN NATL RY CO COM 136375102 6806114 57181 SH SOLE 57181 0 0 STANTEC INC COM 85472N109 229671 3407 SH SOLE 3407 0 0 TFI INTERNATIONAL INC COM 87241L109 755691 6302 SH SOLE 6302 0 0 WASTE CONNECTIONS INC COM 94106B101 507061 3294 SH SOLE 3294 0 0 BROOKFIELD BUSINESS CORP CL A SUB VTG SH 113006100 1103473 42950 SH SOLE 42950 0 0 THOMSON REUTERS CORP COM 884903881 29385 302 SH SOLE 302 0 0 AGNICO EAGLE MINES LTD COM 008474108 884780 4832 SH SOLE 4832 0 0 FRANCO NEV CORP COM 351858105 644653 2708 SH SOLE 2708 0 0 NUTRIEN LTD COM 67077M108 123240 1755 SH SOLE 1755 0 0 TECK RESOURCES LTD CL B 878742204 67154 1020 SH SOLE 1020 0 0 WEST FRASER TIMBER CO LTD COM 952845105 186497 2690 SH SOLE 2690 0 0 WHEATON PRECIOUS METALS CORP COM 962879102 265338 1987 SH SOLE 1987 0 0 BARRICK MNG CORP COM SHS 06849F108 597608 3156 SH SOLE 3156 0 0 CGI INC CL A SUB VTG 12532H104 1088 16 SH SOLE 16 0 0 BROOKFIELD INFRASTRUCTURE PA LP INT UNIT G16252101 7620023 181018 SH SOLE 181018 0 0 BROOKFIELD RENEWABLE ENERGY PARTNERSHIP UNIT G16258108 3123266 110904 SH SOLE 110904 0 0 EMERA INC COM 290876101 27481 575 SH SOLE 575 0 0 FORTIS INC COM 349553107 4447822 84211 SH SOLE 84211 0 0 BROOKFIELD INFRASTRUCTURE CO COM SUB VTG A 11276H106 45625 1281 SH SOLE 1281 0 0 ALPHABET INC CAP STK CL A 02079K305 255996 744 SH SOLE 744 0 0 ALPHABET INC CAP STK CL C 02079K107 1894855 5561 SH SOLE 5561 0 0 COMCAST CORP NEW CL A 20030N101 21673 996 SH SOLE 996 0 0 META PLATFORMS INC CL A 30303M102 375643 518 SH SOLE 518 0 0 SELECT SECTOR SPDR TR ST STR SVC ETF 81369Y852 5549 50 SH SOLE 50 0 0 DISNEY WALT CO COM 254687106 18253 174 SH SOLE 174 0 0 OMNICOM GROUP INC COM 681919106 1177933 15998 SH SOLE 15998 0 0 AMAZON COM INC COM 023135106 3283548 13179 SH SOLE 13179 0 0 GENERAL MTRS CO COM 37045V100 80850 1050 SH SOLE 1050 0 0 HOME DEPOT INC COM 437076102 78519 276 SH SOLE 276 0 0 MCDONALDS CORP COM 580135101 181057 784 SH SOLE 784 0 0 TESLA INC COM 88160R101 6227625 17552 SH SOLE 17552 0 0 TJX COS INC NEW COM 872540109 14951 113 SH SOLE 113 0 0 SELECT SECTOR SPDR TR ST STR DISCR ETF 81369Y407 38098 350 SH SOLE 350 0 0 COCA COLA CO COM 191216100 15494 180 SH SOLE 180 0 0 COSTCO WHOLESALE CORPORATION COM 22160K105 295861 325 SH SOLE 325 0 0 MCCORMICK & CO INC COM NON VTG 579780206 11600 250 SH SOLE 250 0 0 PEPSICO INC COM 713448108 53096 419 SH SOLE 419 0 0 PROCTER & GAMBLE CO COM 742718109 84408 581 SH SOLE 581 0 0 SELECT SECTOR SPDR TR ST STR STAPL ETF 81369Y308 6769 84 SH SOLE 84 0 0 WALMART INC COM 931142103 4381683 42164 SH SOLE 42164 0 0 CHEVRON CORPORATION COM 166764100 67389 330 SH SOLE 330 0 0 CONOCOPHILLIPS COM 20825C104 54691 437 SH SOLE 437 0 0 OVINTIV INC COM 69047Q102 10405 180 SH SOLE 180 0 0 EXXONMOBIL HOLDINGS CORP COM SHS 30233Q108 269189 1654 SH SOLE 1654 0 0 AMERICAN EXPRESS CO COM 025816109 10035 33 SH SOLE 33 0 0 BANK OF NY MELLON CORP COM 064058100 14463 100 SH SOLE 100 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1871296 3758 SH SOLE 3758 0 0 BANK OF AMER CORP COM 060505104 4837684 88879 SH SOLE 88879 0 0 BLACKSTONE INC COM 09260D107 32506 290 SH SOLE 290 0 0 CARLYLE GROUP INC COM 14316J108 54810 1382 SH SOLE 1382 0 0 CITIGROUP INC COM NEW 172967424 3296690 25461 SH SOLE 25461 0 0 CME GROUP INC COM 12572Q105 32748 125 SH SOLE 125 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 3789615 4209 SH SOLE 4209 0 0 INVESCO LTD SHS G491BT108 2100161 69634 SH SOLE 69634 0 0 JPMORGAN CHASE & CO COM 46625H100 6578555 19885 SH SOLE 19885 0 0 MARKEL GROUP INC COM 570535104 2541276 1484 SH SOLE 1484 0 0 MASTERCARD INCORPORATED CL A 57636Q104 3370033 6111 SH SOLE 6111 0 0 METLIFE INC COM 59156R108 184554 1960 SH SOLE 1960 0 0 MORGAN STANLEY COM NEW 617446448 349076 1856 SH SOLE 1856 0 0 NASDAQ INC COM 631103108 3842614 41763 SH SOLE 41763 0 0 PNC FINL SVCS GROUP INC COM 693475105 197367 888 SH SOLE 888 0 0 SELECT SECTOR SPDR TR ST STR FINL ETF 81369Y605 861018 16133 SH SOLE 16133 0 0 US BANCORP COM NEW 902973304 25992 450 SH SOLE 450 0 0 VISA INC COM CL A 92826C839 1598659 4449 SH SOLE 4449 0 0 PROGRESSIVE CORP COM 743315103 2073 10 SH SOLE 10 0 0 BLACKROCK INC COM 09290D101 2730388 2580 SH SOLE 2580 0 0 FRANKLIN TEMPLETON INC COM 354613101 1473248 45867 SH SOLE 45867 0 0 ABBOTT LABORATORIES COM 002824100 1176670 11906 SH SOLE 11906 0 0 ABBVIE INC COM 00287Y109 2105538 8049 SH SOLE 8049 0 0 AMGEN INC COM 031162100 355333 843 SH SOLE 843 0 0 BECTON DICKINSON & CO COM 075887109 205313 1147 SH SOLE 1147 0 0 BRISTOL-MYERS SQUIBB CO COM 110122108 782621 12542 SH SOLE 12542 0 0 ELI LILLY & CO COM 532457108 2766578 2391 SH SOLE 2391 0 0 GILEAD SCIENCES INC COM 375558103 41734 280 SH SOLE 280 0 0 JOHNSON & JOHNSON COM 478160104 5363632 20260 SH SOLE 20260 0 0 MEDTRONIC PLC SHS G5960L103 3149240 36496 SH SOLE 36496 0 0 MERCK & CO INC COM 58933Y105 2397615 16500 SH SOLE 16500 0 0 PFIZER INC COM 717081103 1734786 60827 SH SOLE 60827 0 0 SELECT SECTOR SPDR TR ST STR CARE ETF 81369Y209 215927 1282 SH SOLE 1282 0 0 THERMO FISHER SCIENTIFIC INC COM 883556102 93157 138 SH SOLE 138 0 0 MCKESSON CORP COM 58155Q103 3415 4 SH SOLE 4 0 0 3M CO COM 88579Y101 283980 1730 SH SOLE 1730 0 0 BOEING CO COM 097023105 24187 130 SH SOLE 130 0 0 CSX CORP COM 126408103 5868027 126167 SH SOLE 126167 0 0 CUMMINS INC COM 231021106 7749 15 SH SOLE 15 0 0 EATON CORP PLC SHS G29183103 25353 59 SH SOLE 59 0 0 EMERSON ELEC CO COM 291011104 3878 25 SH SOLE 25 0 0 GENERAL DYNAMICS CORP COM 369550108 4010166 12085 SH SOLE 12085 0 0 ILLINOIS TOOL WKS INC COM 452308109 6175 24 SH SOLE 24 0 0 L3HARRIS TECHNOLOGIES INC COM 502431109 371508 1569 SH SOLE 1569 0 0 LOCKHEED MARTIN CORP COM 539830109 5570686 10939 SH SOLE 10939 0 0 NORFOLK SOUTHN CORP COM 655844108 3272310 10590 SH SOLE 10590 0 0 NORTHROP GRUMMAN CORP COM 666807102 1110070 2296 SH SOLE 2296 0 0 RTX CORPORATION COM 75513E101 570688 3074 SH SOLE 3074 0 0 SELECT SECTOR SPDR TR ST STR INDL ETF 81369Y704 67452 404 SH SOLE 404 0 0 UNION PAC CORP COM 907818108 6121564 22495 SH SOLE 22495 0 0 VANGUARD WORLD FD INDUSTRIAL ETF 92204A603 320 1 SH SOLE 1 0 0 GLOBAL X FDS DEFENSE TECH ETF 37960A529 240 4 SH SOLE 4 0 0 GE AEROSPACE COM NEW 369604301 31229 100 SH SOLE 100 0 0 ALBEMARLE CORP COM 012653101 131908 1247 SH SOLE 1247 0 0 NEWMONT CORP COM 651639106 125836 1091 SH SOLE 1091 0 0 FREEPORT MCMORAN INC CL B 35671D857 1260 18 SH SOLE 18 0 0 CROWN HLDGS INC COM 228368106 1453920 13793 SH SOLE 13793 0 0 AMERICAN TOWER CORP COM 03027X100 21443 131 SH SOLE 131 0 0 DIGITAL RLTY TR INC COM 253868103 2780220 15839 SH SOLE 15839 0 0 EQUINIX INC COM 29444U700 204339 202 SH SOLE 202 0 0 EXTRA SPACE STORAGE INC COM 30225T102 3156 24 SH SOLE 24 0 0 MID-AMER APT CMNTYS INC COM 59522J103 1296435 11011 SH SOLE 11011 0 0 NNN REIT INC COM 637417106 94302 2295 SH SOLE 2295 0 0 PROLOGIS INC. COM 74340W103 10647 82 SH SOLE 82 0 0 PUBLIC STORAGE COM 74460D109 475171 1680 SH SOLE 1680 0 0 REALTY INCOME CORP COM 756109104 3045687 56090 SH SOLE 56090 0 0 SELECT SECTOR SPDR TR ST STR REAL ETF 81369Y860 5932 145 SH SOLE 145 0 0 SIMON PPTY GROUP INC NEW COM 828806109 9034 45 SH SOLE 45 0 0 STAG INDUSTRIAL INC COM 85254J102 99194 2770 SH SOLE 2770 0 0 VANGUARD INDEX FDS REAL ESTATE ETF 922908553 311644 3477 SH SOLE 3477 0 0 VENTAS INC COM 92276F100 1249709 14699 SH SOLE 14699 0 0 WELLTOWER INC COM 95040Q104 556951 2419 SH SOLE 2419 0 0 ADOBE INC COM 00724F101 4079 17 SH SOLE 17 0 0 ADVANCED MICRO DEVICES INC COM 007903107 2895460 4733 SH SOLE 4733 0 0 APPLIED MATLS INC COM 038222105 15155769 29637 SH SOLE 29637 0 0 APPLE INC COM 037833100 1600494 4806 SH SOLE 4806 0 0 BROADCOM INC COM 11135F101 2530324 7205 SH SOLE 7205 0 0 CISCO SYS INC COM 17275R102 4438015 41234 SH SOLE 41234 0 0 ISHARES TR ISHARES SEMICDTR 464287523 3573334 6284 SH SOLE 6284 0 0 KLA CORP COM NEW 482480100 2243060 11507 SH SOLE 11507 0 0 MARVELL TECHNOLOGY INC COM 573874104 368045 1393 SH SOLE 1393 0 0 MICROSOFT CORP COM 594918104 10505731 20483 SH SOLE 20483 0 0 NVIDIA CORPORATION COM 67066G104 641748 2810 SH SOLE 2810 0 0 ORACLE CORP COM 68389X105 1499591 10922 SH SOLE 10922 0 0 QUALCOMM INC COM 747525103 4601 25 SH SOLE 25 0 0 SALESFORCE INC COM 79466L302 7117 31 SH SOLE 31 0 0 SELECT SECTOR SPDR TR ST STR TECHN ETF 81369Y803 2986344 15262 SH SOLE 15262 0 0 TERADYNE INC COM 880770102 442204 1103 SH SOLE 1103 0 0 TEXAS INSTRS INC COM 882508104 155450 555 SH SOLE 555 0 0 VANECK ETF TRUST SEMICONDUCTR ETF 92189F676 1218 2 SH SOLE 2 0 0 LAM RESEARCH CORP COM NEW 512807306 4510771 13731 SH SOLE 13731 0 0 INVESCO QQQ TR UNIT SER 1 46090E103 74717 101 SH SOLE 101 0 0 ISHARES TR CORE S&P MCP ETF 464287507 268051 3725 SH SOLE 3725 0 0 MOSAIC CO COM 61945C103 3161 146 SH SOLE 146 0 0 RIO TINTO PLC SPONSORED ADR 767204100 1130 12 SH SOLE 12 0 0 VANGUARD SPECIALIZED FUNDS DIV APP ETF 921908844 4431 19 SH SOLE 19 0 0 VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 139421 199 SH SOLE 199 0 0 ISHARES TR 0-3 MTH TREASURY 46436E718 5940 59 SH SOLE 59 0 0 STATE STR SPDR S&P 500 ETF T TR UNIT 78462F103 4467253 5859 SH SOLE 5859 0 0 NEXTERA ENERGY INC COM 65339F101 985 13 SH SOLE 13 0 0 ISHARES TR LATN AMER 40 ETF 464287390 442106 12814 SH SOLE 12814 0 0 ISHARES INC CORE MSCI EMKT 46434G103 774753 9546 SH SOLE 9546 0 0 VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 1114969 18799 SH SOLE 18799 0 0 ISHARES INC MSCI EMRG CHN 46434G764 5128777 51764 SH SOLE 51764 0 0 VANGUARD INTL EQUITY INDEX F GLB EX US ETF 922042676 32060 754 SH SOLE 754 0 0 ASML HLDG NV N Y REGISTRY SHS N07059210 3304486 1824 SH SOLE 1824 0 0 BP PLC SPONSORED ADR 055622104 10822 246 SH SOLE 246 0 0 DIAGEO PLC SPON ADR NEW 25243Q205 3938 46 SH SOLE 46 0 0 ISHARES TR CORE MSCI EAFE 46432F842 6275208 64773 SH SOLE 64773 0 0 LINDE PLC SHS G54950103 234952 495 SH SOLE 495 0 0 NOVARTIS AG SPONSORED ADR 66987V109 1426 10 SH SOLE 10 0 0 NOVO-NORDISK A S ADR 670100205 3791 100 SH SOLE 100 0 0 PHILIP MORRIS INTL INC COM 718172109 143115 750 SH SOLE 750 0 0 SANOFI SA SPONSORED ADR 80105N105 1237 30 SH SOLE 30 0 0 TAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS 874039100 18062843 39595 SH SOLE 39595 0 0 TAKEDA PHARMACEUTICAL CO LTD SPONSORED ADS 874060205 1957426 107610 SH SOLE 107610 0 0 TOYOTA MOTOR CORP ADS 892331307 3347434 18282 SH SOLE 18282 0 0 VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858 4680878 66292 SH SOLE 66292 0 0 VANGUARD STAR FDS VG TL INTL STK F 921909768 3263484 38412 SH SOLE 38412 0 0 UNILEVER PLC SPON ADR NEW 904767803 1275 21 SH SOLE 21 0 0 TOTALENERGIES SE ACT F92124100 17100 200 SH SOLE 200 0 0 ASTRAZENECA PLC ORD G0593M107 1615 10 SH SOLE 10 0 0 VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 11208 71 SH SOLE 71 0 0 VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 135806 1758 SH SOLE 1758 0 0 ISHARES BITCOIN TRUST ETF SHS BEN INT 46438F101 128907 2723 SH SOLE 2723 0 0