| Apple Inc. (AAPL) | $2.7B | 3.85% | 9,333,869 | -1,748,935 | Trimmed |
| NVIDIA Corp. (NVDA) | $2.5B | 3.56% | 12,504,221 | -3,283,660 | Trimmed |
| Canadian Natl Ry Co. (CNI) | $2.3B | 3.22% | 18,962,558 | +178,385 | Added |
| Microsoft Corp. (MSFT) | $2.3B | 3.21% | 6,041,152 | +1,067,115 | Added |
| Alphabet Inc. (GOOGL) | $1.9B | 2.68% | 5,269,086 | -1,388,113 | Trimmed |
| Meta Platforms, Inc. (META) | $1.4B | 1.96% | 2,442,888 | +408,244 | Added |
| Amazon.com Inc. (AMZN) | $1.3B | 1.92% | 5,641,092 | -124,012 | Trimmed |
| Cgi Inc. (GIB) | $1.1B | 1.50% | 16,290,487 | 0 | Held |
| Eli Lilly & Co. (LLY) | $966.5M | 1.38% | 805,809 | +119,225 | Added |
| Bank of Montreal (BMO) | $957.5M | 1.36% | 5,419,567 | 0 | Held |
| Tfi Intl Inc. (TFII) | $911.0M | 1.30% | 6,331,000 | -825,534 | Trimmed |
| Berkshire Hathaway Inc. Class B (BRKB) | $901.9M | 1.28% | 1,802,377 | +161,879 | Added |
| Applied Materials Inc. (AMAT) | $885.5M | 1.26% | 1,224,807 | -41,516 | Trimmed |
| Invesco Exchange Traded FD T (RSP) | $846.5M | 1.21% | 3,978,321 | +2,970,540 | Added |
| Cae Inc. (CAE) | $773.8M | 1.10% | 30,917,402 | 0 | Held |
| Vanguard Value ETF (VTV) | $765.2M | 1.09% | 3,511,326 | +925,117 | Added |
| BCE Inc (BCE) | $734.4M | 1.05% | 34,107,306 | 0 | Held |
| JPMorgan Chase & Co. (JPM) | $704.3M | 1.00% | 2,151,724 | -238,837 | Trimmed |
| Broadcom Inc. (AVGO) | $689.8M | 0.98% | 1,826,045 | -368,370 | Trimmed |
| Mastercard Inc. (MA) | $651.7M | 0.93% | 1,268,801 | -179,177 | Trimmed |
| Lam Research Corp. (LRCX) | $627.0M | 0.89% | 1,446,858 | +682,595 | Added |
| Micron Technology Inc. (MU) | $613.7M | 0.87% | 531,635 | -245,209 | Trimmed |
| Gildan Activewear Inc. (GIL) | $601.9M | 0.86% | 11,679,294 | +1,238,000 | Added |
| Johnson & Johnson (JNJ) | $573.8M | 0.82% | 2,259,196 | -726,280 | Trimmed |
| Merck & Co., Inc. (MRK) | $571.6M | 0.81% | 4,448,107 | +648,728 | Added |
| UnitedHealth Group Inc. (UNH) | $566.8M | 0.81% | 1,363,607 | +68,683 | Added |
| Cisco Systems, Inc. (CSCO) | $553.5M | 0.79% | 4,711,992 | -850,191 | Trimmed |
| Tesla, Inc. (TSLA) | $524.1M | 0.75% | 1,246,039 | +152,978 | Added |
| Alphabet Inc. (GOOG) | $501.0M | 0.71% | 1,418,035 | -88,602 | Trimmed |
| Progressive Corp. (PGR) | $491.9M | 0.70% | 2,251,862 | +607,016 | Added |
| Texas Instruments Inc. (TXN) | $484.9M | 0.69% | 1,626,957 | +368,172 | Added |
| Costco Wholesale Corp. (COST) | $438.9M | 0.63% | 469,190 | -30,430 | Trimmed |
| AbbVie Inc. (ABBV) | $413.1M | 0.59% | 1,641,631 | +28,793 | Added |
| Walmart Inc. (WMT) | $400.1M | 0.57% | 3,532,526 | +273,881 | Added |
| Citigroup Inc. (C) | $397.6M | 0.57% | 2,840,820 | -156,030 | Trimmed |
| TJX Companies Inc. (TJX) | $385.6M | 0.55% | 2,544,960 | +607,181 | Added |
| iShares Broad Usd High Yld Corp. (USHY) | $372.3M | 0.53% | 10,057,165 | 0 | Held |
| Toronto-Dominion Bank (TD) | $364.1M | 0.52% | 2,995,594 | +54,179 | Added |
| KLA Corp. (KLAC) | $362.9M | 0.52% | 1,202,870 | +748,850 | Added |
| Royal Bank of Canada (RY) | $360.4M | 0.51% | 1,740,913 | -107,909 | Trimmed |
| Advanced Micro Devices Inc. (AMD) | $341.3M | 0.49% | 587,528 | -199,280 | Trimmed |
| Intel Corp. (INTC) | $316.5M | 0.45% | 2,266,402 | +476,195 | Added |
| iShares Trust (HYG) | $314.1M | 0.45% | 3,927,162 | +725,000 | Added |
| Coca-Cola Co. (KO) | $291.2M | 0.41% | 3,582,530 | +921,577 | Added |
| NextEra Energy Inc. (NEE) | $288.9M | 0.41% | 3,291,400 | -116,864 | Trimmed |
| PulteGroup Inc. (PHM) | $287.0M | 0.41% | 2,091,909 | -153,336 | Trimmed |
| TC Energy Corporation (TRP) | $283.9M | 0.40% | 4,288,745 | +166,902 | Added |
| AstraZeneca PLC (AZN) | $273.9M | 0.39% | 1,463,843 | +1,463,843 | New position |
| Select Sector SPDR Trust (XLV) | $268.6M | 0.38% | 1,693,225 | -450,833 | Trimmed |
| General Motors Co. (GM) | $266.0M | 0.38% | 3,450,349 | +1,023,869 | Added |
| Gilead Sciences, Inc. (GILD) | $263.2M | 0.38% | 2,083,390 | +539,167 | Added |
| Cencora, Inc. (COR) | $258.7M | 0.37% | 914,234 | +388,737 | Added |
| Enbridge Inc. (ENB) | $256.3M | 0.36% | 4,727,626 | +255,940 | Added |
| Lightspeed Commerce Inc (LSPD) | $254.2M | 0.36% | 24,286,219 | 0 | Held |
| Arista Networks, Inc. (ANET) | $252.0M | 0.36% | 1,483,126 | -428,548 | Trimmed |
| Wells Fargo & Company (WFC) | $246.9M | 0.35% | 2,987,358 | +358,738 | Added |
| Duke Energy Corp. (DUK) | $246.7M | 0.35% | 1,949,212 | +364,496 | Added |
| Comfort Systems USA Inc. (FIX) | $243.8M | 0.35% | 123,032 | +43,147 | Added |
| Bristol-Myers Squibb Co. (BMY) | $243.6M | 0.35% | 4,228,503 | +2,744,671 | Added |
| Bank of America Corp. (BAC) | $242.0M | 0.34% | 4,246,623 | -3,255,935 | Trimmed |
| Select Sector SPDR Trust (XLP) | $236.2M | 0.34% | 2,842,914 | +1,054,290 | Added |
| Booking Holdings Inc. (BKNG) | $229.9M | 0.33% | 1,289,582 | +243,557 | Added |
| Canadian Pacific Kansas City Ltd. (CP) | $228.4M | 0.33% | 2,635,370 | +537,273 | Added |
| AT&T Inc. (T) | $223.9M | 0.32% | 10,815,261 | -2,170,349 | Trimmed |
| Goldman Sachs Group Inc. (GS) | $212.4M | 0.30% | 209,998 | -67,431 | Trimmed |
| Procter & Gamble Co. (PG) | $211.0M | 0.30% | 1,438,702 | -534,277 | Trimmed |
| BlackRock, Inc. (BLK) | $210.4M | 0.30% | 218,804 | +88,185 | Added |
| Dollar General Corp. (DG) | $205.6M | 0.29% | 1,786,391 | +1,101,025 | Added |
| Financial Select Sector SPDR ETF (XLF) | $201.7M | 0.29% | 3,761,841 | -238,825 | Trimmed |
| Expedia Group, Inc. (EXPE) | $200.9M | 0.29% | 785,137 | +240,692 | Added |
| Howmet Aerospace Inc. (HWM) | $197.0M | 0.28% | 732,647 | -30,509 | Trimmed |
| Analog Devices Inc. (ADI) | $195.8M | 0.28% | 493,064 | +144,218 | Added |
| Charles Schwab Corp. (SCHW) | $195.6M | 0.28% | 2,119,943 | +1,892,740 | Added |
| Cigna Group (CI) | $195.6M | 0.28% | 709,484 | +268,336 | Added |
| Halliburton Co. (HAL) | $194.7M | 0.28% | 5,734,170 | +364,921 | Added |
| NVR Inc. (NVR) | $194.1M | 0.28% | 28,490 | +1,224 | Added |
| Linde plc (LIN) | $193.9M | 0.28% | 373,675 | +68,372 | Added |
| Motorola Solutions, Inc. (MSI) | $190.9M | 0.27% | 459,743 | +121,859 | Added |
| Old Dominion Freight Line, Inc. (ODFL) | $190.6M | 0.27% | 879,764 | +351,973 | Added |
| Teradyne, Inc. (TER) | $186.2M | 0.27% | 384,829 | +104,072 | Added |
| RB Global Inc. (RBA) | $183.7M | 0.26% | 1,577,664 | -351,471 | Trimmed |
| Aflac Inc. (AFL) | $183.0M | 0.26% | 1,560,626 | +420,084 | Added |
| Snap-on Inc. (SNA) | $182.0M | 0.26% | 452,210 | +63,981 | Added |
| Manulife Financial Corporation (MFC) | $181.1M | 0.26% | 4,466,755 | -20,703 | Trimmed |
| W.W. Grainger, Inc. (GWW) | $178.6M | 0.25% | 131,258 | +29,922 | Added |
| Adobe Inc. (ADBE) | $177.9M | 0.25% | 867,637 | +133,456 | Added |
| Intercontinental Exchange, Inc. (ICE) | $174.5M | 0.25% | 1,417,153 | +475,929 | Added |
| Trane Technologies plc (TT) | $173.4M | 0.25% | 353,078 | +333,055 | Added |
| Morgan Stanley (MS) | $171.9M | 0.24% | 822,094 | +258,193 | Added |
| Western Digital Corp. (WDC) | $170.4M | 0.24% | 266,834 | -91,595 | Trimmed |
| Expeditors International of Washington Inc. (EXPD) | $169.7M | 0.24% | 1,041,018 | -68,048 | Trimmed |
| Allstate Corp. (ALL) | $166.9M | 0.24% | 701,298 | +105,752 | Added |
| Brookfield Asset Management Ltd. (BAM) | $165.0M | 0.23% | 3,679,099 | +2,987,099 | Added |
| Marsh & McLennan Companies, Inc. (MRSH) | $163.8M | 0.23% | 982,538 | +271,829 | Added |
| Home Depot, Inc. (HD) | $163.6M | 0.23% | 463,944 | -448,363 | Trimmed |
| Shopify Inc. (SHOP) | $163.2M | 0.23% | 1,426,749 | +33,863 | Added |
| T-Mobile US, Inc. (TMUS) | $162.7M | 0.23% | 969,922 | -98,024 | Trimmed |
| AppLovin Corp. (APP) | $161.4M | 0.23% | 313,170 | +289,846 | Added |
| American International Group, Inc. (AIG) | $159.1M | 0.23% | 2,135,326 | -673,553 | Trimmed |
| Netflix Inc. (NFLX) | $157.6M | 0.22% | 2,206,781 | -463,607 | Trimmed |