AERCAP HOLDINGS NV SHS N00985106 6628674 48321 SH SOLE 48321 0 0 AGNICO EAGLE MINES LTD COM 008474108 4215265 20833 SH SOLE 20833 0 0 ALAMOS GOLD INC COM CL A 011532108 7029751 158513 SH SOLE 148813 0 9700 ALBEMARLE CORP COM 012653101 3606039 20086 SH SOLE 20086 0 0 ALGONQUIN POWER & UTILITIES COM 015857105 3799368 622325 SH SOLE 373645 0 248680 ALPHABET INC CAP STK CL C 02079K107 1086490 3787 SH SOLE 3787 0 0 ALPHABET INC CAP STK CL A 02079K305 13726389 47734 SH SOLE 47734 0 0 AMAZON COM INC COM 023135106 1135914 5453 SH SOLE 5453 0 0 AMPHENOL CORP CL A 032095101 1516326 12001 SH SOLE 12001 0 0 APPLE INC COM 037833100 6212017 24477 SH SOLE 24477 0 0 ARIS MINING CORPORATION COM 04040Y109 2410479 130234 SH SOLE 12746 0 117488 ARISTA NETWORKS INC COM SHS 040413205 1205699 9820 SH SOLE 9820 0 0 ASML HLDG NV N Y REGISTRY SHS N07059210 2636987 1996 SH SOLE 1996 0 0 BANCO DE CHILE SPONSORED ADS 059520106 3999023 107965 SH SOLE 107965 0 0 BANK MONTREAL MEDIUM COM 063671101 19010633 140804 SH SOLE 133804 0 7000 BANK NOVA SCOTIA B C COM 064149107 8895245 128680 SH SOLE 117890 0 10790 BARCLAYS PLC ADR 06738E204 4002731 189165 SH SOLE 189165 0 0 BCE INC COM NEW 05534B760 7455395 296421 SH SOLE 284121 0 12300 BEL FUSE INC CL A 077347201 313908 1742 SH SOLE 1742 0 0 BOSTON SCIENTIFIC CORP COM 101137107 213977 3410 SH SOLE 3410 0 0 BROADCOM INC COM 11135F101 6928952 22376 SH SOLE 22376 0 0 BROOKFIELD CORP CL A LTD VT SH 11271J107 2520381 62397 SH SOLE 58597 0 3800 BRP INC COM SUN VTG 05577W200 2006735 28005 SH SOLE 25705 0 2300 BWX TECHNOLOGIES INC COM 05605H100 538626 2634 SH SOLE 2634 0 0 C H ROBINSON WORLDWIDE IN COM NEW 12541W209 5198821 31305 SH SOLE 31305 0 0 CACI INTL INC CL A 127190304 1112214 2045 SH SOLE 2045 0 0 CAE INC COM 124765108 2569672 99009 SH SOLE 99009 0 0 CAMECO CORP COM 13321L108 11806680 108916 SH SOLE 103916 0 5000 CANADIAN IMPERIAL BANK OF CO COM 136069101 21845355 231237 SH SOLE 217437 0 13800 CANADIAN NAT RES LTD MED TER COM 136385101 1598919 32882 SH SOLE 32882 0 0 CANADIAN NATL RY CO COM 136375102 6150722 59950 SH SOLE 55450 0 4500 CANADIAN PACIFIC KANSAS CITY COM 13646K108 575765 7340 SH SOLE 7340 0 0 CELESTICA INC COM 15101Q207 10493308 37317 SH SOLE 34461 0 2856 CENCORA INC COM 03073E105 1226716 3905 SH SOLE 3905 0 0 CENOVUS ENERGY INC COM 15135U109 9136466 345352 SH SOLE 327312 0 18040 CISCO SYS INC COM 17275R102 4367720 56309 SH SOLE 56309 0 0 CITIZENS FINL GROUP INC COM 174610105 3742068 62399 SH SOLE 62399 0 0 CME GROUP INC COM 12572Q105 779724 2640 SH SOLE 2640 0 0 COMFORT SYS USA INC COM 199908104 6397134 4639 SH SOLE 4639 0 0 COSTCO WHOLESALE CORPORATION COM 22160K105 470314 472 SH SOLE 472 0 0 CSX CORP COM 126408103 455655 11100 SH SOLE 11100 0 0 CURTISS WRIGHT CORP COM 231561101 589168 865 SH SOLE 865 0 0 DENISON MINES CORP COM 248356107 2573572 728509 SH SOLE 64266 0 664243 ECOLAB INC COM 278865100 2163008 8131 SH SOLE 8131 0 0 ELECTROVAYA INC COM NEW 28617B606 2105892 270615 SH SOLE 59669 0 210946 ELI LILLY & CO COM 532457108 5841459 6351 SH SOLE 6351 0 0 ENBRIDGE INC COM 29250N105 7860623 145470 SH SOLE 135370 0 10100 ENERFLEX LTD COM 29269R105 3407340 163406 SH SOLE 17874 0 145532 EXELON CORP COM 30161N101 2272322 46355 SH SOLE 46355 0 0 EZCORP INC CL A NON VTG 302301106 4542004 178960 SH SOLE 178960 0 0 FERROVIAL SE ORD SHS N3168P101 9171659 140994 SH SOLE 140994 0 0 FIFTH THIRD BANCORP COM 316773100 427896 9210 SH SOLE 9210 0 0 FORTIS INC COM 349553107 14253868 256307 SH SOLE 245207 0 11100 GE VERNOVA INC COM 36828A101 6599124 7560 SH SOLE 7560 0 0 GILDAN ACTIVEWEAR INC COM 375916103 1823019 32840 SH SOLE 32840 0 0 GILEAD SCIENCES INC COM 375558103 6705369 48112 SH SOLE 48112 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 6269631 7411 SH SOLE 7411 0 0 GRANITE REAL ESTATE INVT TR TR UNIT NEW 387437205 6893286 117603 SH SOLE 112703 0 4900 GRUPO AEROPORTUNARIO DEL PAC SPON ADS B 400506101 2324774 9417 SH SOLE 9417 0 0 GRUPO CIBEST SA SPON ADS 40090E106 10448380 143502 SH SOLE 143502 0 0 HIGHLANDER SILVER CORP COM 43087N204 2463112 422804 SH SOLE 41209 0 381595 HUDBAY MINERALS INC COM 443628102 11965352 573232 SH SOLE 470242 0 102990 HUNTINGTON BANCSHARES INC COM 446150104 2339753 149505 SH SOLE 149505 0 0 IAMGOLD CORP COM 450913108 3575346 190733 SH SOLE 176233 0 14500 IMPERIAL OIL LTD COM NEW 453038408 9497951 72745 SH SOLE 67045 0 5700 INSTALLED BLDG PRODS INC COM 45780R101 1663020 6272 SH SOLE 6272 0 0 INTEL CORP COM 458140100 5141806 116515 SH SOLE 116515 0 0 INTERACTIVE BROKERS GROUP IN COM CL A 45841N107 2981261 44450 SH SOLE 44450 0 0 ISHARES TR MSCI EAFE ETF 464287465 1526689 15718 SH SOLE 15718 0 0 JABIL INC COM 466313103 2786458 10490 SH SOLE 10490 0 0 JAPAN SMALLER CAPITALIZATION COM 47109U104 237620 21800 SH SOLE 21800 0 0 JPMORGAN CHASE & CO COM 46625H100 6107055 20761 SH SOLE 20761 0 0 KINROSS GOLD CORP COM 496902404 15445714 506825 SH SOLE 475325 0 31500 KLA CORP COM NEW 482480100 4608643 3130 SH SOLE 3130 0 0 KOPIN CORP COM 500600101 24300 10800 SH SOLE 10800 0 0 LAM RESEARCH CORP COM NEW 512807306 6166868 28863 SH SOLE 28863 0 0 LUMENTUM HLDGS INC COM 55024U109 2112030 3006 SH SOLE 3006 0 0 MAGNA INTL INC COM 559222401 5925494 106440 SH SOLE 99640 0 6800 MANULIFE FINL CORP COM 56501R106 5780033 168329 SH SOLE 168329 0 0 MASTERCARD INCORPORATED CL A 57636Q104 476675 954 SH SOLE 954 0 0 MCDONALDS CORP COM 580135101 502547 1617 SH SOLE 1617 0 0 MCKESSON CORP COM 58155Q103 5260523 6079 SH SOLE 5754 0 325 MDA SPACE LTD COM 55293N109 3915653 155065 SH SOLE 70606 0 84459 MEDTRONIC PLC SHS G5960L103 2878079 33215 SH SOLE 30340 0 2875 MERCADOLIBRE INC COM 58733R102 625905 362 SH SOLE 362 0 0 META PLATFORMS INC CL A 30303M102 1341072 2344 SH SOLE 2344 0 0 MICRON TECHNOLOGY INC COM 595112103 251222 744 SH SOLE 744 0 0 MICROSOFT CORP COM 594918104 10661636 28802 SH SOLE 28802 0 0 MILLICOM INTL CELLULAR S A COM STK L6388F110 15272022 203790 SH SOLE 203790 0 0 MONOLITHIC PWR SYS INC COM 609839105 4053048 3707 SH SOLE 3707 0 0 NEWMONT CORP COM 651639106 400958 3704 SH SOLE 3704 0 0 NEXTPOWER INC CLASS A COM 65290E101 4151983 34442 SH SOLE 34442 0 0 NICOLET BANKSHARES INC COM 65406E102 561337 3777 SH SOLE 3777 0 0 NOBLE CORP PLC ORD SHS A G65431127 2709890 55225 SH SOLE 55225 0 0 NOVARTIS AG SPONSORED ADR 66987V109 8014792 52470 SH SOLE 52470 0 0 NU HLDGS LTD ORD SHS CL A G6683N103 2345730 163238 SH SOLE 163238 0 0 NUTRIEN LTD COM 67077M108 1266169 16827 SH SOLE 16827 0 0 NVENT ELEC PLC SHS G6700G107 637647 5391 SH SOLE 5391 0 0 NVIDIA CORPORATION COM 67066G104 9019678 51705 SH SOLE 51705 0 0 OREILLY AUTOMOTIVE INC COM 67103H107 244621 2650 SH SOLE 2650 0 0 ORLA MNG LTD NEW COM 68634K106 4005408 249877 SH SOLE 108172 0 141705 PAN AMERN SILVER CORP COM 697900108 12172837 223230 SH SOLE 208630 0 14600 PARKER-HANNIFIN CORP COM 701094104 2791358 3118 SH SOLE 3118 0 0 PLANET LABS PBC COM CL A 72703X106 300322 10745 SH SOLE 10745 0 0 POWELL INDS INC COM 739128106 1436567 2655 SH SOLE 2655 0 0 QUANTA SVCS INC COM 74762E102 3018511 5498 SH SOLE 5498 0 0 QXO INC COM NEW 82846H405 488607 25160 SH SOLE 25160 0 0 REPUBLIC SVCS INC COM 760759100 1559641 7121 SH SOLE 7121 0 0 RESTAURANT BRANDS INTL INC COM 76131D103 1976849 26800 SH SOLE 24700 0 2100 ROCKET COS INC COM CL A 77311W101 318701 22365 SH SOLE 22365 0 0 ROGERS COMMUNICATIONS INC CL B 775109200 3952417 103099 SH SOLE 103099 0 0 ROYAL BK CDA COM 780087102 40770548 253012 SH SOLE 239812 0 13200 S&P GLOBAL INC COM 78409V104 4664278 10966 SH SOLE 10966 0 0 SHOPIFY INC CL A SUB VTG SHS 82509L107 18358319 155216 SH SOLE 146316 0 8900 SIMON PPTY GROUP INC NEW COM 828806109 5855736 31393 SH SOLE 29766 0 1627 SOUTH BOW CORP COM 83671M105 3762623 113460 SH SOLE 102760 0 10700 SPHERE ENTERTAINMENT CO CL A 55826T102 247596 2109 SH SOLE 2109 0 0 SUNCOR ENERGY INC NEW COM 867224107 4095237 62114 SH SOLE 62114 0 0 TAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS 874039100 10972898 32469 SH SOLE 32469 0 0 TECHNIPFMC PLC COM G87110105 576544 8340 SH SOLE 8340 0 0 TEXAS INSTRS INC COM 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INC COM 969904101 2238100 12275 SH SOLE 12275 0 0 WISDOMTREE TR EMG MKTS SMCAP 97717W281 358797 5970 SH SOLE 5970 0 0