Lincluden Management

Lincluden Investment Management as of Sept. 30, 2012

Portfolio Holdings for Lincluden Investment Management

Lincluden Investment Management holds 0 positions in its portfolio as reported in the September 2012 quarterly 13F filing

                NAME OF                           TITLE OF                VALUE    SHARES/     SH/   PUT/   INVESTMENT  OTHER     VOTING AUTHORITY
ISSUER                            CLASS          CUSIP   $1000'S   PRN AMT     PRN   CALL   DISCRETION  MANAGERS  SOLE  SHARED  NONE
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{S}                            {C}            {C}               {C}       {C}              {C}          {C}    {C}
ABB LTD.                          SPON ADR    000375204   $14,244     761,726  Shs           SOLE         0         761,726
AGNICO EAGLE MINES LTD.           COM         008474108   $15,126     291,590  Shs           SOLE         0         291,590
AMERICAN GREETINGS CORP CL A      CL A        026375105   $ 3,428     204,040  Shs           SOLE         0         204,040
APPLIED MATLS INC.                COM         038222105   $13,876   1,242,853  Shs           SOLE         0       1,242,853
BANK OF AMERICA CORPORATION       COM         060505104   $11,527   1,305,389  Shs           SOLE         0       1,305,389
BANK MONTREAL QUE                 COM         063671101   $30,547     516,900  Shs           SOLE         0         516,900
BANK NOVA SCOTIA HALIFAX          COM         064149107   $25,497     464,900  Shs           SOLE         0         464,900
BARCLAYS PLC                      ADR         06738E204   $18,821   1,140,633  Shs           SOLE         0        1,140,63
BARRICK GOLD INC.                 COM         067901108   $36,632     876,706  Shs           SOLE         0         876,706
BCE INC                           COM         05534B109   $24,066     547,045  Shs           SOLE         0         547,045
BROOKFIELD PPTYS CORP.            COM         112900105   $27,242   1,639,128  Shs           SOLE         0       1,639,128
CAE INC.                          COM         124765108   $13,942   1,301,676  Shs           SOLE         0       1,301,676
CAMECO  CORP.                     COM         13321L108   $   634      32,550  Shs           SOLE         0          32,550
CANADIAN IMPERIAL BANK OF
 COMMERCE                         COM         136069101   $24,511     313,160  Shs           SOLE         0         313,160
CANADIAN NATURAL RESOURCES LTD.   COM         136385101   $24,366     789,822  Shs           SOLE         0         789,822
CANON INC.                        SPON ADR    138006309   $   141       4,415  Shs           SOLE         0           4,415
CHINA MOBILE LIMITED              SPON ADR    16941M109   $12,597     227,549  Shs           SOLE         0         227,549
CISCO SYSTEMS INC.                COM         17275R102   $18,715     980,082  Shs           SOLE         0         980,082
COCA-COLA COMPANY                 COM         191216100   $   717      18,915  Shs           SOLE         0          18,915
CORNING INC.                      COM         219350105   $20,955   1,593,521  Shs           SOLE         0       1,593,521
DEVON ENERGY CORP.                COM         25179M103   $15,578     257,485  Shs           SOLE         0         257,485
EBAY INC.                         COM         278642103   $ 1,439      29,745  Shs           SOLE         0          29,745
EMERSON ELECTRIC COMPANY          COM         291011104   $19,453     403,008  Shs           SOLE         0         403,008
ENCANA CORP                       COM         292505104   $32,796   1,497,607  Shs           SOLE         0       1,497,607
EXXON MOBIL CORP.                 COM         30231G102   $17,988     196,694  Shs           SOLE         0         196,694
FRANCE TELECOM SA                 SPON ADR    35177Q105   $ 9,910     811,000  Shs           SOLE         0         811,000
GENERAL MOTORS CORP.              COM         37045V100   $19,248     846,080  Shs           SOLE         0         846,080
GLAXOSMITHKLINE PLC               SPON ADR    37733W105   $15,161     327,870  Shs           SOLE         0         327,870
HONEYWELL INTL INC                COM         438516106   $15,541     260,108  Shs           SOLE         0         260,108
ING GROEP N V                     SPON ADR    456837103   $13,599   1,723,607  Shs           SOLE         0       1,723,607
JOHNSON & JOHNSON                 COM         478160104   $22,414     325,270  Shs           SOLE         0         325,270
JP MORGAN CHASE & CO              COM         46625H100   $13,965     344,988  Shs           SOLE         0         344,988
MAGNA INTL INC                    COM         559222401   $32,526     752,240  Shs           SOLE         0         752,240
MANULIFE FINL CORP                COM         56501R106   $42,086   3,491,710  Shs           SOLE         0       3,491,710
MERCK & CO. INC.                  COM         58933Y105   $   440       9,770  Shs           SOLE         0           9,770
METLIFE INC.                      COM         59156R108   $11,974     347,466  Shs           SOLE         0         347,466
MICROSOFT CORP.                   COM         594918104   $25,109     843,716  Shs           SOLE         0         843,716
MORGAN STANLEY                    COM         617446448   $17,327   1,035,079  Shs           SOLE         0       1,035,079
NTT DOCOMO INC.                   SPON ADR    62942M201   $   802      49,605  Shs           SOLE         0          49,605
ORACLE CORP                       COM         68389X105   $12,640     401,785  Shs           SOLE         0         401,785
PENGROWTH ENERGY CORP.            COM         7006P104    $   593      87,925  Shs           SOLE         0          87,925
PENN WEST PETE LTD NEW            COM         707887105   $   842      59,165  Shs           SOLE         0          59,165
PETROLEO BRASILEIRO SA PETRO      SPON ADR    71654V408   $13,701     597,380  Shs           SOLE         0         597,380
PFIZER INC                        COM         717081103   $20,157     811,128  Shs           SOLE         0         811,128
PROCTER & GAMBLE CO               COM         742718109   $16,793     242,110  Shs           SOLE         0         242,110
RESEARCH IN MOTION LTD.           COM         760975102   $ 9,948   1,300,560  Shs           SOLE         0       1,300,560
ROGERS COMMUNICATIONS INC         CL B        775109200   $29,638     732,130  Shs           SOLE         0         732,130
ROYAL BANK OF CANADA              COM         780087102   $44,074     766,373  Shs           SOLE         0         766,373
SANOFI AVENTIS                    SPON ADR    80105N105   $22,222     516,068  Shs           SOLE         0         516,068
SAP AG                            SPON ADR    803054204   $ 8,726     122,330  Shs           SOLE         0         122,330
SHAW COMMUNICATIONS               CL B CONV   82028K200   $19,770     966,030  Shs           SOLE         0         966,030
SIEMENS AG                        SPON ADR    826197501   $16,873     168,473  Shs           SOLE         0         168,473
STAPLES INC.                      COM         855030102   $16,332   1,417,727  Shs           SOLE         0       1,417,727
SUN LIFE FINL INC.                COM         866796105   $32,628   1,405,710  Shs           SOLE         0       1,405,710
SUNCOR ENERGY INC                 COM         867229106   $28,124     854,965  Shs           SOLE         0         854,965
SYMANTEC CORP.                    COM         871503108   $ 7,098     394,890  Shs           SOLE         0         394,890
TALISMAN ENERGY INC               COM         87425E103   $40,144   3,003,643  Shs           SOLE         0       3,003,643
TECK RESOURCES LTD.               CL B        878742204   $16,796     569,210  Shs           SOLE         0         569,210
TELUS CORP.                       NON -VTG    87971M202   $   696      11,130  Shs           SOLE         0         11,130
TEXAS INSTRUMENTS INC.            COM         882508104   $10,651     386,545  Shs           SOLE         0         386,545
THOMSON REUTERS CORP              COM         884903105   $33,130   1,146,090  Shs           SOLE         0       1,146,090
TORONTO DOMINION BK ONT           COM NEW     891160509   $49,411     592,485  Shs           SOLE         0         592,485
TOTAL S A                         SPON ADR    89151E109   $11,462     228,785  Shs           SOLE         0         228,785
VERIZON COMMUNICATIONS            COM         92343V104   $23,521     516,147  Shs           SOLE         0         516,147
VODAFONE GROUP PLC                SPON ADR    92857W209   $11,134     390,650  Shs           SOLE         0         390,650
WAL MART STORES INC               COM         931142103   $10,552     142,985  Shs           SOLE         0         142,985
WALGREEN CO.                      COM         931422109   $18,628     511,194  Shs           SOLE         0         511,194
WELLS FARGO & CO NEW              COM         949746101   $20,432     591,727  Shs           SOLE         0         591,727
ZIMMER HOLDINGS INC.              COM         98956P102   $13,031     192,710  Shs           SOLE         0         192,710