| Toronto-Dominion Bank (TD) | $4.4B | 7.40% | 36,191,962 | -3,128,023 | Trimmed |
| Royal Bank of Canada (RY) | $3.8B | 6.37% | 18,303,156 | -1,617,092 | Trimmed |
| Bank of Montreal (BMO) | $2.2B | 3.69% | 12,410,915 | -774,883 | Trimmed |
| Bank of Nova Scotia (BNS) | $2.2B | 3.68% | 25,213,679 | -764,102 | Trimmed |
| Enbridge Inc. (ENB) | $1.4B | 2.35% | 25,754,086 | +428,443 | Added |
| Canadian Imperial Bank of Commerce (CM) | $1.3B | 2.26% | 11,569,311 | -567,578 | Trimmed |
| Canadian Natural Resources Limited (CNQ) | $1.2B | 2.02% | 30,371,087 | -14,515,387 | Trimmed |
| TC Energy Corporation (TRP) | $1.1B | 1.79% | 16,080,835 | +782,243 | Added |
| Shopify Inc. (SHOP) | $947.9M | 1.59% | 8,301,893 | -447,406 | Trimmed |
| Apple Inc. (AAPL) | $944.4M | 1.59% | 3,263,631 | -240,378 | Trimmed |
| NVIDIA Corp. (NVDA) | $930.1M | 1.56% | 4,648,585 | -1,578,924 | Trimmed |
| SPDR S&P 500 (SPY) | $829.0M | 1.40% | 1,110,140 | -696,963 | Trimmed |
| Invesco QQQ Trust (QQQ) | $802.5M | 1.35% | 1,089,727 | -321,312 | Trimmed |
| Brookfield Corporation (BN) | $800.9M | 1.35% | 18,805,610 | -871,136 | Trimmed |
| Celestica Inc. (CLS) | $757.8M | 1.27% | 2,079,718 | -22,858 | Trimmed |
| JPMorgan Chase & Co. (JPM) | $757.3M | 1.27% | 2,313,670 | -377,093 | Trimmed |
| Microsoft Corp. (MSFT) | $716.4M | 1.21% | 1,920,498 | -124,560 | Trimmed |
| Amazon.com Inc. (AMZN) | $710.7M | 1.20% | 2,981,991 | -507,102 | Trimmed |
| Agnico Eagle Mines Ltd (AEM) | $709.3M | 1.19% | 4,569,271 | +407,313 | Added |
| Emera Inc. F (EMA) | $679.7M | 1.14% | 12,825,938 | +448,337 | Added |
| Canadian Pacific Kansas City Ltd. (CP) | $656.6M | 1.10% | 7,579,771 | -217,416 | Trimmed |
| Manulife Financial Corporation (MFC) | $654.8M | 1.10% | 16,160,243 | -650,979 | Trimmed |
| Sun Life Financial Inc. (SLF) | $633.5M | 1.07% | 8,076,018 | -1,240,421 | Trimmed |
| Broadcom Inc. (AVGO) | $632.6M | 1.06% | 1,674,662 | -147,505 | Trimmed |
| Alphabet Inc. (GOOGL) | $627.0M | 1.05% | 1,754,610 | -39,706 | Trimmed |
| Canadian Natl Ry Co. (CNI) | $602.2M | 1.01% | 5,025,832 | -73,565 | Trimmed |
| Pembina Pipeline Corp (PBA) | $599.2M | 1.01% | 12,961,055 | +680,436 | Added |
| Suncor Energy Inc. (SU) | $596.3M | 1.00% | 11,094,384 | -1,139,933 | Trimmed |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $556.1M | 0.94% | 1,164,466 | -25,671 | Trimmed |
| Alphabet Inc. (GOOG) | $531.7M | 0.90% | 1,504,820 | -64,368 | Trimmed |
| Barrick Mining Corp (B) | $527.9M | 0.89% | 14,370,133 | -1,470,686 | Trimmed |
| Telus Corporation (TU) | $494.9M | 0.83% | 46,829,404 | -1,825,357 | Trimmed |
| BCE Inc (BCE) | $464.1M | 0.78% | 21,563,415 | -1,796,577 | Trimmed |
| Advanced Micro Devices Inc. (AMD) | $446.0M | 0.75% | 767,718 | +5,185 | Added |
| Restaurant Brands International Inc. (QSR) | $442.8M | 0.74% | 6,106,449 | -653,743 | Trimmed |
| Fortis Inc. (FTS) | $442.6M | 0.74% | 7,733,140 | -102,750 | Trimmed |
| Applied Materials Inc. (AMAT) | $428.2M | 0.72% | 592,211 | +337,271 | Added |
| Rogers Communications Inc. (RCI) | $404.0M | 0.68% | 12,427,785 | -981,243 | Trimmed |
| Wheaton Precious Metals Corp. (WPM) | $382.3M | 0.64% | 3,401,526 | -330,908 | Trimmed |
| Eli Lilly & Co. (LLY) | $370.8M | 0.62% | 309,129 | +53,309 | Added |
| Berkshire Hathaway Inc. Class B (BRKB) | $355.6M | 0.60% | 710,729 | -198,491 | Trimmed |
| Cameco Corp. (CCJ) | $354.0M | 0.60% | 3,476,306 | -264,118 | Trimmed |
| Nutrien Ltd. (NTR) | $346.5M | 0.58% | 5,505,015 | +310,477 | Added |
| Meta Platforms, Inc. (META) | $317.2M | 0.53% | 563,119 | -4,986 | Trimmed |
| Flutter Entertainment plc (FLUT) | $316.7M | 0.53% | 3,100,002 | -8 | Held |
| Visa Inc. (V) | $316.2M | 0.53% | 921,703 | -25,924 | Trimmed |
| Mastercard Inc. (MA) | $285.1M | 0.48% | 555,097 | +3,727 | Added |
| Cenovus Energy Inc. (CVE) | $281.4M | 0.47% | 11,349,564 | -993,796 | Trimmed |
| Waste Connections, Inc. (WCN) | $278.7M | 0.47% | 1,673,823 | -374,324 | Trimmed |
| Costco Wholesale Corp. (COST) | $275.3M | 0.46% | 294,335 | -19,318 | Trimmed |
| Micron Technology Inc. (MU) | $259.2M | 0.44% | 224,592 | -153,964 | Trimmed |
| Financial Select Sector SPDR ETF (XLF) | $242.4M | 0.41% | 4,521,414 | +3,432,492 | Added |
| Walmart Inc. (WMT) | $229.4M | 0.39% | 2,025,507 | -18,176 | Trimmed |
| Brookfield Infrast Partners (BIP) | $228.2M | 0.38% | 6,255,127 | +114,378 | Added |
| KLA Corp. (KLAC) | $227.1M | 0.38% | 752,827 | +371,837 | Added |
| Franco Nev Corp. (FNV) | $225.7M | 0.38% | 1,082,752 | -238,052 | Trimmed |
| Teck Resources Ltd (TECK) | $222.9M | 0.38% | 3,745,299 | -394,091 | Trimmed |
| iShares Russell 2000 ETF (IWM) | $202.2M | 0.34% | 673,015 | -708,729 | Trimmed |
| Schwab Strategic Trust (SCHD) | $197.7M | 0.33% | 6,233,348 | +75,581 | Added |
| Marvell Technology, Inc. (MRVL) | $191.2M | 0.32% | 641,955 | +472,880 | Added |
| Bank of America Corp. (BAC) | $191.0M | 0.32% | 3,351,428 | -1,134,153 | Trimmed |
| Goldman Sachs Group Inc. (GS) | $188.7M | 0.32% | 186,608 | -37,699 | Trimmed |
| Kinross Gold Corp. (KGC) | $186.0M | 0.31% | 7,864,688 | -815,227 | Trimmed |
| Merck & Co., Inc. (MRK) | $186.0M | 0.31% | 1,447,507 | +207,556 | Added |
| UnitedHealth Group Inc. (UNH) | $181.9M | 0.31% | 437,744 | +43,066 | Added |
| Johnson & Johnson (JNJ) | $178.8M | 0.30% | 703,892 | -18,272 | Trimmed |
| Magna Intl Inc. (MGA) | $172.1M | 0.29% | 2,619,871 | -238,906 | Trimmed |
| Caterpillar Inc. (CAT) | $172.0M | 0.29% | 161,547 | -6,765 | Trimmed |
| Home Depot, Inc. (HD) | $162.6M | 0.27% | 461,145 | +40,101 | Added |
| ExxonMobil Holdings Corp. (XOM) | $162.3M | 0.27% | 1,187,156 | -795,625 | Trimmed |
| Brookfield Asset Management Ltd. (BAM) | $160.0M | 0.27% | 3,568,168 | -118,415 | Trimmed |
| Qualcomm Inc. (QCOM) | $157.1M | 0.26% | 849,947 | +426,579 | Added |
| AbbVie Inc. (ABBV) | $152.5M | 0.26% | 606,183 | -64,811 | Trimmed |
| Lam Research Corp. (LRCX) | $152.0M | 0.26% | 350,699 | -43,853 | Trimmed |
| GE Vernova Inc. (GEV) | $149.0M | 0.25% | 126,827 | +24,138 | Added |
| McDonald's Corp. (MCD) | $146.6M | 0.25% | 542,209 | +110,716 | Added |
| Chevron Corp. (CVX) | $145.8M | 0.24% | 879,695 | -115,597 | Trimmed |
| Coca-Cola Co. (KO) | $139.4M | 0.23% | 1,715,763 | -29,318 | Trimmed |
| Morgan Stanley (MS) | $138.6M | 0.23% | 663,252 | -192,379 | Trimmed |
| Select Sector SPDR Trust (XLI) | $132.8M | 0.22% | 717,105 | -896,594 | Trimmed |
| Vanguard S&P 500 (VOO) | $127.1M | 0.21% | 185,055 | +113,675 | Added |
| South Bow Corp. (SOBO) | $119.8M | 0.20% | 3,403,902 | -35,358 | Trimmed |
| Citigroup Inc. (C) | $118.3M | 0.20% | 845,493 | -339,601 | Trimmed |
| Imperial Oil Ltd. (IMO) | $118.1M | 0.20% | 1,052,335 | -78,460 | Trimmed |
| Select Sector SPDR Trust (XLY) | $117.9M | 0.20% | 1,005,682 | -878,707 | Trimmed |
| Wells Fargo & Company (WFC) | $117.5M | 0.20% | 1,421,962 | -339,535 | Trimmed |
| iShares Core S&P 500 ETF (IVV) | $117.0M | 0.20% | 156,263 | +17,313 | Added |
| Cgi Inc. (GIB) | $107.1M | 0.18% | 1,659,114 | -405,848 | Trimmed |
| Select Sector SPDR Trust (XLE) | $105.4M | 0.18% | 1,985,004 | -1,826,295 | Trimmed |
| Netflix Inc. (NFLX) | $105.4M | 0.18% | 1,476,405 | +150,742 | Added |
| International Business Machines Corp. (IBM) | $104.3M | 0.18% | 371,017 | +107,771 | Added |
| ASML Holding N.V. (ASML) | $103.1M | 0.17% | 51,805 | -3,290 | Trimmed |
| Select Sector SPDR Trust (XLU) | $102.3M | 0.17% | 2,256,360 | -2,093,911 | Trimmed |
| Verizon Communications Inc. (VZ) | $100.9M | 0.17% | 2,383,726 | +288,820 | Added |
| Thomson Reuters Corporation (TRI) | $100.7M | 0.17% | 1,234,115 | +241,324 | Added |
| Dell Technologies Inc. (DELL) | $97.6M | 0.16% | 226,219 | -31,245 | Trimmed |
| Brookfield Renewable Partner (BEP) | $96.6M | 0.16% | 2,789,259 | +65,451 | Added |
| SPDR Gold Trust (GLD) | $95.4M | 0.16% | 258,883 | -5,897 | Trimmed |
| Linde plc (LIN) | $93.4M | 0.16% | 180,078 | +126,287 | Added |
| Select Sector SPDR Trust (XLB) | $93.1M | 0.16% | 1,832,098 | +829,745 | Added |