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
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
AGRIUM INC COM 008916108 186,401 2,098,410 SH   SOLE   2,098,410 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 37,013 518,105 SH   SOLE   518,105 0 0
AT&T INC COM 00206R102 226,200 6,418,856 SH   SOLE   6,418,856 0 0
AXIALL CORP COM 05463D100 42,936 1,199,000 SH   SOLE   1,199,000 0 0
BANK AMER CORP COM 060505104 248,307 14,563,486 SH   SOLE   14,563,486 0 0
BANK MONTREAL QUE COM 063671101 372,701 5,067,618 SH   SOLE   5,067,618 0 0
BANK N S HALIFAX COM 064149107 176,874 2,861,844 SH   SOLE   2,861,844 0 0
BARRICK GOLD CORP COM 067901108 889 60,500 SH   SOLE   60,500 0 0
BAXTER INTL INC COM 071813109 147,914 2,060,945 SH   SOLE   2,060,945 0 0
BB&T CORP COM 054937107 34,122 917,000 SH   SOLE   917,000 0 0
BCE INC COM NEW 05534B760 294,055 6,881,954 SH   SOLE   6,881,954 0 0
BROOKFIELD PPTY PARTNERS L P UNIT LTD PARTN G16249107 147,150 7,003,206 SH   SOLE   7,003,206 0 0
CAE INC COM 124765108 107,303 8,856,045 SH   SOLE   8,856,045 0 0
CAMECO CORP COM 13321L108 86,931 4,930,764 SH   SOLE   4,930,764 0 0
CANADIAN NAT RES LTD COM 136385101 541,191 13,940,856 SH   SOLE   13,940,856 0 0
CANADIAN PAC RY LTD COM 13645T100 4,235 20,420 SH   SOLE   20,420 0 0
CELESTICA INC SUB VTG SHS 15101Q108 189,523 18,715,193 SH   SOLE   18,715,193 0 0
CENOVUS ENERGY INC COM 15135U109 149,319 5,554,505 SH   SOLE   5,554,505 0 0
CHEVRON CORP NEW COM 166764100 28,080 235,332 SH   SOLE   235,332 0 0
CHINA BIOLOGIC PRODS INC COM 16938C106 5,229 96,900 SH   SOLE   96,900 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 26,540 451,750 SH   SOLE   451,750 0 0
CISCO SYS INC COM 17275R102 203,258 8,075,413 SH   SOLE   8,075,413 0 0
CITIGROUP INC COM NEW 172967424 241,121 4,653,048 SH   SOLE   4,653,048 0 0
COMCAST CORP NEW CL A SPL 20030N200 152,720 2,854,582 SH   SOLE   2,854,582 0 0
COMCAST CORP NEW CL A 20030N101 3,499 65,067 SH   SOLE   65,067 0 0
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 27,367 3,374,523 SH   SOLE   3,374,523 0 0
COMPANHIA PARANAENSE ENERG C SPON ADR PFD 20441B407 46,969 3,435,933 SH   SOLE   3,435,933 0 0
CONCORD MED SVCS HLDGS LTD SPONSORED ADR 206277105 720 100,000 SH   SOLE   100,000 0 0
CONOCOPHILLIPS COM 20825C104 260,879 3,409,295 SH   SOLE   3,409,295 0 0
DEVON ENERGY CORP NEW COM 25179M103 197,932 2,903,085 SH   SOLE   2,903,085 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 123,292 1,718,115 SH   SOLE   1,718,115 0 0
ENCANA CORP COM 292505104 68,323 3,220,182 SH   SOLE   3,220,182 0 0
ERICSSON ADR B SEK 10 294821608 77,053 6,120,196 SH   SOLE   6,120,196 0 0
EXAR CORP COM 300645108 128 14,281 SH   SOLE   14,281 0 0
EXXON MOBIL CORP COM 30231G102 234 2,490 SH   SOLE   2,490 0 0
FIRST SOLAR INC COM 336433107 55,283 840,047 SH   SOLE   840,047 0 0
FREEPORT-MCMORAN INC CL B 35671D857 117,101 3,586,560 SH   SOLE   3,586,560 0 0
FRESH DEL MONTE PRODUCE INC ORD G36738105 105,665 3,312,391 SH   SOLE   3,312,391 0 0
GENERAL ELECTRIC CO COM 369604103 253,106 9,879,237 SH   SOLE   9,879,237 0 0
GERDAU S A SPON ADR REP PFD 373737105 3,819 795,600 SH   SOLE   795,600 0 0
GILEAD SCIENCES INC COM 375558103 102,719 964,950 SH   SOLE   964,950 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 903 19,650 SH   SOLE   19,650 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 117,864 5,218,690 SH   SOLE   5,218,690 0 0
HESS CORP COM 42809H107 147,739 1,566,355 SH   SOLE   1,566,355 0 0
HUDBAY MINERALS INC COM 443628102 169,756 19,881,090 SH   SOLE   19,881,090 0 0
ICICI BK LTD ADR 45104G104 15,977 325,400 SH   SOLE   325,400 0 0
INDIA FD INC COM 454089103 6,159 226,945 SH   SOLE   226,945 0 0
INFOSYS LTD SPONSORED ADR 456788108 15,727 260,000 SH   SOLE   260,000 0 0
ING GROEP N V SPONSORED ADR 456837103 4,842 341,261 SH   SOLE   341,261 0 0
INTEL CORP COM 458140100 146,597 4,210,134 SH   SOLE   4,210,134 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 206,555 1,088,105 SH   SOLE   1,088,105 0 0
ISHARES INC CORE MSCI EMKT 46434G103 21,267 425,000 SH   SOLE   425,000 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 16,911 406,900 SH   SOLE   406,900 0 0
ISHARES TR MSCI EAFE ETF 464287465 3,410 53,175 SH   SOLE   53,175 0 0
JOHNSON CTLS INC COM 478366107 73,541 1,671,375 SH   SOLE   1,671,375 0 0
JOHNSON & JOHNSON COM 478160104 181,953 1,707,039 SH   SOLE   1,707,039 0 0
KIMBERLY CLARK CORP COM 494368103 149,906 1,393,566 SH   SOLE   1,393,566 0 0
LIFEPOINT HOSPITALS INC COM 53219L109 73,859 1,067,480 SH   SOLE   1,067,480 0 0
LOEWS CORP COM 540424108 120,410 2,890,300 SH   SOLE   2,890,300 0 0
MAGNA INTL INC COM 559222401 185,463 1,955,475 SH   SOLE   1,955,475 0 0
MANULIFE FINL CORP COM 56501R106 367,203 19,106,825 SH   SOLE   19,106,825 0 0
MARATHON OIL CORP COM 565849106 106,157 2,824,081 SH   SOLE   2,824,081 0 0
MEDTRONIC INC COM 585055106 44,818 723,455 SH   SOLE   723,455 0 0
METLIFE INC COM 59156R108 540 10,049 SH   SOLE   10,049 0 0
MINDRAY MEDICAL INTL LTD SPON ADR 602675100 6,997 232,000 SH   SOLE   232,000 0 0
MOBILE TELESYSTEMS OJSC SPONSORED ADR 607409109 12,091 809,300 SH   SOLE   809,300 0 0
MORGAN STANLEY INDIA INVS FD COM 61745C105 13,315 535,150 SH   SOLE   535,150 0 0
PENGROWTH ENERGY CORP COM 70706P104 60,679 11,585,950 SH   SOLE   11,585,950 0 0
PEPSICO INC COM 713448108 126,367 1,357,474 SH   SOLE   1,357,474 0 0
PFIZER INC COM 717081103 200,127 6,767,923 SH   SOLE   6,767,923 0 0
PHOTRONICS INC COM 719405102 11,698 1,453,180 SH   SOLE   1,453,180 0 0
PRECISION DRILLING CORP COM 2010 74022D308 37,150 3,443,975 SH   SOLE   3,443,975 0 0
PROCTER & GAMBLE CO COM 742718109 99,021 1,182,480 SH   SOLE   1,182,480 0 0
ROGERS COMMUNICATIONS INC CL B 775109200 232,159 6,207,146 SH   SOLE   6,207,146 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 257,956 3,611,701 SH   SOLE   3,611,701 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 1,055 13,337 SH   SOLE   13,337 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 275,566 3,619,675 SH   SOLE   3,619,675 0 0
SEMICONDUCTOR MFG INTL CORP SPONSORED ADR 81663N206 23,557 4,628,016 SH   SOLE   4,628,016 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 2,258 11,460 SH   SOLE   11,460 0 0
STATE STR CORP COM 857477103 138,554 1,882,274 SH   SOLE   1,882,274 0 0
STATOIL ASA SPONSORED ADR 85771P102 11,319 416,738 SH   SOLE   416,738 0 0
SUNCOR ENERGY INC NEW COM 867224107 504,536 13,952,219 SH   SOLE   13,952,219 0 0
SUN LIFE FINL INC COM 866796105 363,537 10,035,756 SH   SOLE   10,035,756 0 0
TALISMAN ENERGY INC COM 87425E103 258,532 29,903,324 SH   SOLE   29,903,324 0 0
TECK RESOURCES LTD CL B 878742204 218,033 11,521,528 SH   SOLE   11,521,528 0 0
TELEFLEX INC COM 879369106 253 2,404 SH   SOLE   2,404 0 0
TELEFONICA S A SPONSORED ADR 879382208 461 30,015 SH   SOLE   30,015 0 0
TELUS CORP COM 87971M103 323,461 9,480,534 SH   SOLE   9,480,534 0 0
THOMPSON CREEK METALS CO INC COM 884768102 39,405 17,880,499 SH   SOLE   17,880,499 0 0
THOMSON REUTERS CORP COM 884903105 271,000 7,444,519 SH   SOLE   7,444,519 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 296,551 6,013,647 SH   SOLE   6,013,647 0 0
TOTAL S A SPONSORED ADR 89151E109 592 9,189 SH   SOLE   9,189 0 0
UNITED PARCEL SERVICE INC CL B 911312106 122,882 1,250,203 SH   SOLE   1,250,203 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 30,365 728,000 SH   SOLE   728,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 256,873 5,138,487 SH   SOLE   5,138,487 0 0
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 104,387 3,173,810 SH   SOLE   3,173,810 0 0
WAL-MART STORES INC COM 931142103 173,773 2,272,439 SH   SOLE   2,272,439 0 0
WUXI PHARMATECH CAYMAN INC SPONS ADR SHS 929352102 8,755 250,000 SH   SOLE   250,000 0 0