UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2011
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: The Bank of Nova Scotia
Address: 40 King St. West
Scotia Plaza 9th Floor
Toronto, Ontario, M5H 1H1
13F File Number: 28-11475
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Abdurrehman Muhammadi
Title: Vice President, Financial Accounting and Reporting
Phone: 416-866-7898
Signature, Place, and Date of Signing:
/s/ Abdurrehman Muhammadi Toronto, ON, Canada November 14, 2011
Report Type (Check only one.):
[ ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ X] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
Form 13F File Number Name
028-11461 Scotia Capital Inc.
028-13705 Scotia Asset Management L.P.
028-11459 Bank of Nova Scotia Trust Co.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 379
Form 13F Information Table Value Total: $14,344,227 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filed, other
than the manager filing this report.
No. 13F File Number Name
028-11472 BNS Investment Inc.
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
3M CO COM 88579Y101 8471 118000 SH SOLE 118000 0 0
ABBOTT LABS COM 002824100 422 8275 SH DEFINED 1 8275 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 14303 271500 SH SOLE 271500 0 0
ADVANCED MICRO DEVICES INC COM 007903107 51 10104 SH DEFINED 1 10104 0 0
ADVANCED MICRO DEVICES INC COM 007903107 1557 306479 SH SOLE 306479 0 0
AEGON N V NY REGISTRY SH 007924103 83 20347 SH DEFINED 20347 0 0
AES CORP COM 00130H105 324 33200 SH SOLE 33200 0 0
AFLAC INC COM 001055102 4338 124127 SH SOLE 124127 0 0
AGNICO EAGLE MINES LTD COM 008474108 319 5344 SH DEFINED 1 5344 0 0
AGNICO EAGLE MINES LTD COM 008474108 25581 427507 SH SOLE 427507 0 0
AGRIUM INC COM 008916108 32717 491136 SH SOLE 491136 0 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 10728 115732 SH SOLE 115732 0 0
ALLIANCE ONE INTL INC COM 018772103 699 386007 SH SOLE 386007 0 0
ALLIANCE ONE INTL INC COM 018772103 209 85650 SH DEFINED 1 85650 0 0
AMERICAN EQTY INVT LIFE HLD COM 025676206 1870 213669 SH SOLE 213669 0 0
AMGEN INC COM 031162100 5605 102000 SH SOLE 102000 0 0
ANADARKO PETE CORP COM 032511107 9457 150000 SH SOLE 150000 0 0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 1662 31379 SH SOLE 31379 0 0
APPLE INC COM 037833100 478 1254 SH DEFINED 1254 0 0
APPLE INC COM 037833100 4119 10765 SH DEFINED 1 10765 0 0
APPLIED MATLS INC COM 038222105 8203 792608 SH SOLE 792608 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 1870 78037 SH SOLE 78037 0 0
AT&T INC COM 00206R102 704 24715 SH DEFINED 1 24715 0 0
AT&T INC COM 00206R102 8556 300000 SH SOLE 300000 0 0
ATLANTIC PWR CORP COM NEW 04878Q863 11948 844800 SH SOLE 844800 0 0
AURIZON MINES LTD COM 05155P106 766 150000 SH SOLE 150000 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 9310 197450 SH SOLE 197450 0 0
BANCO BRADESCO S A SP ADR PFD NEW 059460303 19190 1331681 SH DEFINED 1 1331681 0 0
BANCO SANTANDER SA ADR 05964H105 241 30000 SH DEFINED 30000 0 0
BANCO SANTANDER SA ADR 05964H105 86 10747 SH DEFINED 1 10747 0 0
BANCO SANTANDER SA ADR 05964H105 691 86001 SH SOLE 86001 0 0
BANK MONTREAL QUE COM 063671101 435 7800 SH DEFINED 1 7800 0 0
BANK MONTREAL QUE COM 063671101 1142353 20391804 SH SOLE 20391804 0 0
BANK NOVA SCOTIA HALIFAX COM 064149107 4753 94674 SH DEFINED 1 94674 0 0
BANK OF AMERICA CORPORATION COM 060505104 170 27876 SH DEFINED 27876 0 0
BANK OF AMERICA CORPORATION COM 060505104 192 31514 SH DEFINED 1 31514 0 0
BANK OF AMERICA CORPORATION COM 060505104 11806 1929106 SH SOLE 1929106 0 0
BANRO CORP COM 066800103 4917 1250000 SH SOLE 1250000 0 0
BARCLAYS BANK PLC ETN DJUBS NAT37 06739H644 56 10000 SH DEFINED 10000 0 0
BARCLAYS BK PLC DJUBS CMDT ETN36 06738C778 1742 41740 SH DEFINED 41740 0 0
BARRICK GOLD CORP COM 067901108 125882 2683797 SH SOLE 2683797 0 0
BAYTEX ENERGY CORP COM 07317Q105 7583 181300 SH SOLE 181300 0 0
BCE INC COM NEW 05534B760 420 11224 SH DEFINED 1 11224 0 0
BCE INC COM NEW 05534B760 132737 3537771 SH SOLE 3537771 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 4485 42 SH DEFINED 1 42 0 0
BEST BUY INC COM 086516101 548 23500 SH SOLE 23500 0 0
BHP BILLITON LTD SPONSORED ADR 088606108 1528 23000 SH SOLE 23000 0 0
BLDRS INDEX FDS TR EMER MK 50 ADR 09348R300 339 9350 SH DEFINED 1 9350 0 0
BOSTON SCIENTIFIC CORP COM 101137107 791 133814 SH SOLE 133814 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 326 10400 SH DEFINED 1 10400 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 14310 456038 SH SOLE 456038 0 0
BROADWIND ENERGY INC COM 11161T108 3 10000 SH DEFINED 1 10000 0 0
BROCADE COMMUNICATIONS SYS I COM NEW 111621306 147 34000 SH DEFINED 1 34000 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 375107 13556414 SH SOLE 13556414 0 0
BROOKFIELD OFFICE PPTYS INC COM 112900105 108517 7843985 SH SOLE 7843985 0 0
CAE INC COM 124765108 19258 2051956 SH SOLE 2051956 0 0
CAMECO CORP COM 13321L108 18313 996539 SH SOLE 996539 0 0
CANADIAN NAT RES LTD COM 136385101 97391 3313988 SH SOLE 3313988 0 0
CANADIAN NATL RY CO COM 136375102 238064 3560090 SH SOLE 3560090 0 0
CANADIAN PAC RY LTD COM 13645T100 26271 544478 SH SOLE 544478 0 0
CARNIVAL CORP PAIRED CTF 143658300 1156 38140 SH SOLE 38140 0 0
CATERPILLAR INC DEL COM 149123101 963 13045 SH DEFINED 1 13045 0 0
CDN IMPERIAL BK OF COMMERCE COM 136069101 296 4247 SH DEFINED 1 4247 0 0
CDN IMPERIAL BK OF COMMERCE COM 136069101 1214220 17330662 SH SOLE 17330662 0 0
CELESTICA INC SUB VTG SHS 15101Q108 10172 1400000 SH SOLE 1400000 0 0
CEMEX SAB DE CV SPON ADR NEW 151290889 2755 871769 SH SOLE 871769 0 0
CENOVUS ENERGY INC COM 15135U109 253033 8211928 SH SOLE 8211928 0 0
CENTRAL FD CDA LTD CL A 153501101 367 17762 SH DEFINED 1 17762 0 0
CEPHALON INC COM 156708109 19895 246528 SH SOLE 246528 0 0
CHESAPEAKE ENERGY CORP COM 165167107 434 17000 SH SOLE 17000 0 0
CHEVRON CORP NEW COM 166764100 16654 180000 SH SOLE 180000 0 0
CHEVRON CORP NEW COM 166764100 497 5364 SH DEFINED 1 5364 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 9401 193000 SH SOLE 193000 0 0
CISCO SYS INC COM 17275R102 803 51808 SH DEFINED 51808 0 0
CISCO SYS INC COM 17275R102 8723 563151 SH SOLE 563151 0 0
CITIGROUP INC COM NEW 172967424 2186 85294 SH SOLE 85294 0 0
CLAUDE RES INC COM 182873109 181 100000 SH SOLE 100000 0 0
COCA COLA CO COM 191216100 765 11333 SH DEFINED 11333 0 0
COCA COLA CO COM 191216100 243 3599 SH DEFINED 1 3599 0 0
COCA COLA CO COM 191216100 17566 260000 SH SOLE 260000 0 0
COLGATE PALMOLIVE CO COM 194162103 532 6000 SH SOLE 6000 0 0
COLGATE PALMOLIVE CO COM 194162103 342 3860 SH DEFINED 3860 0 0
COMCAST CORP NEW CL A SPL 20030N200 6216 300000 SH DEFINED 1 300000 0 0
COMPANIA DE MINAS BUENAVENTU SPONSORED ADR 204448104 83562 2235089 SH DEFINED 1 2235089 0 0
CONAGRA FOODS INC COM 205887102 513 21200 SH DEFINED 1 21200 0 0
CONAGRA FOODS INC COM 205887102 14156 584460 SH SOLE 584460 0 0
CONOCOPHILLIPS COM 20825C104 836 13218 SH DEFINED 1 13218 0 0
CONSOLIDATED EDISON INC COM 209115104 259 4550 SH DEFINED 1 4550 0 0
CONSTELLATION BRANDS INC CL A 21036P108 333 18500 SH DEFINED 1 18500 0 0
COSAN LTD SHS A G25343107 1816 200000 SH DEFINED 1 200000 0 0
COVANTA HLDG CORP COM 22282E102 21966 1446061 SH SOLE 1446061 0 0
CREDICORP LTD COM G2519Y108 128107 1421313 SH DEFINED 1 1421313 0 0
CROWN HOLDINGS INC COM 228368106 4591 150000 SH DEFINED 1 150000 0 0
CSX CORP COM 126408103 7841 420000 SH SOLE 420000 0 0
CVS CAREMARK CORPORATION COM 126650100 1900 86618 SH SOLE 86618 0 0
DEERE & CO COM 244199105 1341 20762 SH SOLE 20762 0 0
DELL INC COM 24702R101 1157 81800 SH SOLE 81800 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 165 22000 SH DEFINED 22000 0 0
DENISON MINES CORP COM 248356107 1604 1500000 SH SOLE 1500000 0 0
DOW CHEM CO COM 260543103 6177 275000 SH SOLE 275000 0 0
DRAGONWAVE INC COM 26144M103 65 20000 SH SOLE 20000 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 269 6755 SH DEFINED 6755 0 0
E M C CORP MASS COM 268648102 22557 1075522 SH SOLE 1075522 0 0
EATON CORP COM 278058102 240 3800 SH DEFINED 3800 0 0
EBAY INC COM 278642103 678 23000 SH DEFINED 23000 0 0
EL PASO CORP COM 28336L109 4545 260000 SH SOLE 260000 0 0
ELDORADO GOLD CORP NEW COM 284902103 23901 1386400 SH SOLE 1386400 0 0
EMPRESA NACIONAL DE ELCTRCID SPONSORED ADR 29244T101 536 12368 SH DEFINED 12368 0 0
ENBRIDGE INC COM 29250N105 927735 29048298 SH SOLE 29048298 0 0
ENCANA CORP COM 292505104 269 14000 SH DEFINED 14000 0 0
ENCANA CORP COM 292505104 161479 8384549 SH SOLE 8384549 0 0
ENERPLUS CORP COM 292766102 11848 479500 SH SOLE 479500 0 0
ENERSIS S A SPONSORED ADR 29274F104 202 12000 SH DEFINED 12000 0 0
ENTREE GOLD INC COM 29383G100 80 59250 SH SOLE 59250 0 0
ERICSSON L M TEL CO ADR B SEK 10 294821608 9072 950000 SH SOLE 950000 0 0
EXCO RESOURCES INC COM 269279402 107 10000 SH DEFINED 1 10000 0 0
EXTERRAN HLDGS INC COM 30225X103 2515 258752 SH SOLE 258752 0 0
EXXON MOBIL CORP COM 30231G102 2330 132372 SH SOLE 132372 0 0
EXXON MOBIL CORP COM 30231G102 441 6077 SH DEFINED 1 6077 0 0
EXXON MOBIL CORP COM 30231G102 1033 14235 SH DEFINED 14235 0 0
FIRST MAJESTIC SILVER CORP COM 32076V103 11450 750000 SH SOLE 750000 0 0
FLUOR CORP NEW COM 343412102 221 50000 SH DEFINED 1 50000 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 131 13600 SH DEFINED 13600 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 3138 324469 SH SOLE 324469 0 0
FOREST CITY ENTERPRISES INC CL A 345550107 3432 321994 SH SOLE 321994 0 0
FRANCO NEVADA CORP COM 351858105 930 25700 SH SOLE 25700 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 38624 1292624 SH DEFINED 1 1292624 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 3593 118000 SH SOLE 118000 0 0
GABELLI EQUITY TR INC COM 362397101 55 11625 SH DEFINED 1 11625 0 0
GAYLORD ENTMT CO NEW COM 367905106 2370 122520 SH SOLE 122520 0 0
GENERAL ELECTRIC CO COM 369604103 398 26228 SH DEFINED 1 26228 0 0
GENERAL ELECTRIC CO COM 369604103 10504 729246 SH SOLE 729246 0 0
GENERAL ELECTRIC CO COM 369604103 672 44218 SH DEFINED 44218 0 0
GENERAL MLS INC COM 370334104 7694 200000 SH SOLE 200000 0 0
GILDAN ACTIVEWEAR INC COM 375916103 7963 306500 SH SOLE 306500 0 0
GILEAD SCIENCES INC COM 375558103 15875 409142 SH SOLE 409142 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 2064 50000 SH SOLE 50000 0 0
GOLDCORP INC NEW COM 380956409 99991 2191452 SH SOLE 2191452 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 1609 159456 SH SOLE 159456 0 0
GOOGLE INC CL A 38259P508 860 1670 SH DEFINED 1670 0 0
GRAN TIERRA ENERGY INC COM 38500T101 6643 1400000 SH SOLE 1400000 0 0
GREAT BASIN GOLD LTD COM 390124105 2362 1397543 SH SOLE 1397543 0 0
GREAT PANTHER SILVER LTD COM 39115V101 50 20000 SH DEFINED 1 20000 0 0
GROUPE CGI INC CL A SUB VTG 39945C109 875 46500 SH SOLE 46500 0 0
GRUPO TELEVISA SA DE CV SP ADR REP ORD 40049J206 1325 72040 SH SOLE 72040 0 0
HALLIBURTON CO COM 406216101 9156 300000 SH SOLE 300000 0 0
HEINZ H J CO COM 423074103 16590 328647 SH SOLE 328647 0 0
HERSHEY CO COM 427866108 418 7060 SH SOLE 7060 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 157 11800 SH DEFINED 11800 0 0
HEWLETT PACKARD CO COM 428236103 2516 112072 SH SOLE 112072 0 0
HOME DEPOT INC COM 437076102 9861 300000 SH SOLE 300000 0 0
HUDBAY MINERALS INC COM 443628102 1866 200000 SH SOLE 200000 0 0
IAMGOLD CORP COM 450913108 18844 947200 SH SOLE 947200 0 0
ICONIX BRAND GROUP INC COM 451055107 5364 353900 SH SOLE 353900 0 0
IMAX CORP COM 45245E109 1657 114250 SH SOLE 114250 0 0
IMPERIAL OIL LTD COM NEW 453038408 23375 650184 SH SOLE 650184 0 0
INTEL CORP COM 458140100 11361 532640 SH SOLE 532640 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 8444 48243 SH SOLE 48243 0 0
INTERNATIONAL GAME TECHNOLOG COM 459902102 1905 131100 SH SOLE 131100 0 0
ISHARES INC MSCI BRAZIL 464286400 1144 22000 SH DEFINED 22000 0 0
ISHARES INC MSCI BRAZIL 464286400 45537 889047 SH DEFINED 1 889047 0 0
ISHARES INC MSCI CDA INDEX 464286509 2714 106050 SH DEFINED 1 106050 0 0
ISHARES INC MSCI CHILE INVES 464286640 266 5000 SH DEFINED 5000 0 0
ISHARES INC MSCI CHILE INVES 464286640 327 6102 SH DEFINED 1 6102 0 0
ISHARES INC MSCI TAIWAN 464286731 331 27647 SH DEFINED 1 27647 0 0
ISHARES INC MSCI GERMAN 464286806 2438 133475 SH DEFINED 133475 0 0
ISHARES INC MSCI MEX INVEST 464286822 401 8202 SH DEFINED 1 8202 0 0
ISHARES INC MSCI MALAYSIA 464286830 568 46311 SH DEFINED 1 46311 0 0
ISHARES INC MSCI JAPAN 464286848 3190 337305 SH DEFINED 337305 0 0
ISHARES INC MSCI HONG KONG 464286871 253 17556 SH DEFINED 1 17556 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 461 15950 SH DEFINED 1 15950 0 0
ISHARES TR S&P 100 IDX FD 464287101 329 6400 SH DEFINED 1 6400 0 0
ISHARES TR FTSE CHINA25 IDX 464287184 650 20794 SH DEFINED 1 20794 0 0
ISHARES TR S&P 500 INDEX 464287200 420 3691 SH DEFINED 1 3691 0 0
ISHARES TR MSCI EMERG MKT 464287234 2495 71100 SH DEFINED 71100 0 0
ISHARES TR MSCI EMERG MKT 464287234 536 15092 SH DEFINED 1 15092 0 0
ISHARES TR IBOXX INV CPBD 464287242 351 3125 SH DEFINED 1 3125 0 0
ISHARES TR S&P LTN AM 40 464287390 998 25535 SH DEFINED 1 25535 0 0
ISHARES TR S&P 500 VALUE 464287408 15424 299039 SH DEFINED 299039 0 0
ISHARES TR MSCI EAFE INDEX 464287465 1686 35075 SH DEFINED 1 35075 0 0
ISHARES TR RUSSELL MIDCAP 464287499 1475 16715 SH DEFINED 16715 0 0
ISHARES TR S&P MIDCAP 400 464287507 2045 26225 SH DEFINED 26225 0 0
ISHARES TR NASDQ BIO INDX 464287556 21211 238000 SH DEFINED 1 238000 0 0
ISHARES TR S&P GLB100INDX 464287572 4659 86510 SH DEFINED 1 86510 0 0
ISHARES TR RUSSELL1000VAL 464287598 298 5270 SH DEFINED 1 5270 0 0
ISHARES TR RUSSELL 2000 464287655 657 12830 SH SOLE 12830 0 0
ISHARES TR RUSSELL 3000 464287689 405 6070 SH DEFINED 1 6070 0 0
ISHARES TR DJ US TECH SEC 464287721 2642 44500 SH DEFINED 1 44500 0 0
ISHARES TR MSCI ACJPN IDX 464288182 846 17794 SH DEFINED 1 17794 0 0
ISHARES TR MSCI ACJPN IDX 464288182 4067 87201 SH DEFINED 87201 0 0
ISHARES TR HIGH YLD CORP 464288513 3989 48150 SH DEFINED 1 48150 0 0
ISHARES TR BARCLYS SH TREA 464288679 26861 242900 SH DEFINED 1 242900 0 0
ISHARES TR MSCI PERU CAP 464289842 1782 50647 SH DEFINED 1 50646.82 0 0
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 16701 1100067 SH DEFINED 1 1100067 0 0
IVANHOE ENERGY INC COM 465790103 2158 2000000 SH SOLE 2000000 0 0
IVANHOE MINES LTD COM 46579N103 15495 1123100 SH SOLE 1123100 0 0
JOHNSON & JOHNSON COM 478160104 571 8968 SH DEFINED 1 8968 0 0
JOHNSON & JOHNSON COM 478160104 16226 264694 SH SOLE 264694 0 0
JPMORGAN CHASE & CO COM 46625H100 6039 206000 SH SOLE 206000 0 0
JPMORGAN CHASE & CO COM 46625H100 214 7135 SH DEFINED 7135 0 0
KIMBERLY CLARK CORP COM 494368103 16765 236100 SH SOLE 236100 0 0
KINGSWAY FINL SVCS INC COM 496904103 36 50500 SH SOLE 50500 0 0
KINROSS GOLD CORP COM NO PAR 496902404 53537 3600361 SH SOLE 3600361 0 0
KNIGHT CAP GROUP INC CL A COM 499005106 4644 381874 SH SOLE 381874 0 0
KOPIN CORP COM 500600101 141 41000 SH DEFINED 1 41000 0 0
KRAFT FOODS INC CL A 50075N104 453 13500 SH DEFINED 1 13500 0 0
KRAFT FOODS INC CL A 50075N104 23041 685260 SH SOLE 685260 0 0
LAKE SHORE GOLD CORP COM 510728108 304 200000 SH SOLE 200000 0 0
LEXINGTON REALTY TRUST COM 529043101 163 25000 SH DEFINED 25000 0 0
LILLY ELI & CO COM 532457108 6300 170400 SH SOLE 170400 0 0
LLOYDS BANKING GROUP PLC SPONSORED ADR 539439109 83 40000 SH DEFINED 40000 0 0
LOWES COS INC COM 548661107 1634 84500 SH SOLE 84500 0 0
LULULEMON ATHLETICA INC COM 550021109 29193 600000 SH SOLE 600000 0 0
MAGNA INTL INC COM 559222401 36778 1111476 SH SOLE 1111476 0 0
MANPOWERGROUP INC COM 56418H100 302 9000 SH DEFINED 9000 0 0
MANULIFE FINL CORP COM 56501R106 500342 43888408 SH SOLE 43888408 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 810 14685 SH DEFINED 1 14685 0 0
MARKET VECTORS ETF TR RUSSIA ETF 57060U506 354 14000 SH DEFINED 14000 0 0
MARKET VECTORS ETF TR AGRIBUS ETF 57060U605 436 10100 SH DEFINED 1 10100 0 0
MARKET VECTORS ETF TR BRAZL SMCP ETF 57060U613 1362 35395 SH DEFINED 1 35395 0 0
MARTEN TRANS LTD COM 573075108 5236 303750 SH DEFINED 1 303750 0 0
MCDONALDS CORP COM 580135101 15369 175000 SH SOLE 175000 0 0
MEDTRONIC INC COM 585055106 6160 185324 SH SOLE 185324 0 0
MEDTRONIC INC COM 585055106 332 10000 SH DEFINED 10000 0 0
MERCK & CO INC NEW COM 58933Y105 221 6780 SH DEFINED 6780 0 0
MERCK & CO INC NEW COM 58933Y105 9496 290300 SH SOLE 290300 0 0
METHANEX CORP COM 59151K108 33265 1595998 SH SOLE 1595998 0 0
MGM RESORTS INTERNATIONAL COM 552953101 3499 376671 SH SOLE 376671 0 0
MI DEVS INC COM 55304X104 14005 526880 SH SOLE 526880 0 0
MICRON TECHNOLOGY INC COM 595112103 9891 1952820 SH SOLE 1952820 0 0
MICROSOFT CORP COM 594918104 283 11385 SH DEFINED 11385 0 0
MICROSOFT CORP COM 594918104 256 10280 SH DEFINED 1 10280 0 0
MICROSOFT CORP COM 594918104 1659 154618 SH SOLE 154618 0 0
MONSANTO CO NEW COM 61166W101 4503 75000 SH SOLE 75000 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307 290 6915 SH SOLE 6915 0 0
MYLAN INC COM 628530107 324 19058 SH SOLE 19058 0 0
NANOSPHERE INC COM 63009F105 44 44430 SH DEFINED 1 44430 0 0
NAVISTAR INTL CORP NEW COM 63934E108 250 9499 SH SOLE 9499 0 0
NEVSUN RES LTD COM 64156L101 252 50000 SH SOLE 50000 0 0
NEW GOLD INC CDA COM 644535106 886 85800 SH SOLE 85800 0 0
NEWMONT MINING CORP COM 651639106 37413 591400 SH DEFINED 1 591400 0 0
NEWMONT MINING CORP COM 651639106 22821 362126 SH SOLE 362126 0 0
NEXEN INC COM 65334H102 26852 1724941 SH SOLE 1724941 0 0
NIKE INC CL B 654106103 1766 20650 SH SOLE 20650 0 0
NISOURCE INC COM 65473P105 6414 300000 SH SOLE 300000 0 0
NOKIA CORP SPONSORED ADR 654902204 67 12000 SH DEFINED 12000 0 0
NOKIA CORP SPONSORED ADR 654902204 4101 724640 SH SOLE 724640 0 0
NORDSTROM INC COM 655664100 457 10000 SH SOLE 10000 0 0
NORTHERN DYNASTY MINERALS LT COM NEW 66510M204 2142 400000 SH SOLE 400000 0 0
NOVAGOLD RES INC COM NEW 66987E206 4551 700000 SH SOLE 700000 0 0
NVIDIA CORP COM 67066G104 990 79200 SH SOLE 79200 0 0
OFFICE DEPOT INC COM 676220106 674 327148 SH SOLE 327148 0 0
OPEN TEXT CORP COM 683715106 2458 47000 SH SOLE 47000 0 0
ORACLE CORP COM 68389X105 19508 678760 SH SOLE 678760 0 0
PAETEC HOLDING CORP COM 695459107 4424 836205 SH SOLE 836205 0 0
PAN AMERICAN SILVER CORP COM 697900108 480 20800 SH SOLE 20800 0 0
PAYCHEX INC COM 704326107 5274 200000 SH SOLE 200000 0 0
PENGROWTH ENERGY CORP COM 70706P104 2856 315900 SH SOLE 315900 0 0
PENN WEST PETE LTD NEW COM 707887105 22124 1489829 SH SOLE 1489829 0 0
PEPSICO INC COM 713448108 13463 217500 SH SOLE 217500 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 8116 377151 SH DEFINED 1 377151 0 0
PFIZER INC COM 717081103 405 22910 SH DEFINED 22910 0 0
PFIZER INC COM 717081103 21440 1212651 SH SOLE 1212651 0 0
PHILIP MORRIS INTL INC COM 718172109 296 4757 SH DEFINED 4757 0 0
PIMCO ETF TR INV GRD CRP BD 72201R817 345 3415 SH DEFINED 1 3415 0 0
PIMCO INCOME STRATEGY FUND COM 72201H108 341 34082 SH DEFINED 1 34082 0 0
POLYMET MINING CORP COM 731916102 1246 1011250 SH SOLE 1011250 0 0
POTASH CORP SASK INC COM 73755L107 97676 2247607 SH SOLE 2247607 0 0
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 3265 126801 SH DEFINED 126801 0 0
POWERSHARES INDIA ETF TR INDIA PORT 73935L100 14157 777000 SH SOLE 777000 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 21042 400650 SH SOLE 400650 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 14677 287000 SH DEFINED 1 287000 0 0
PRECISION DRILLING CORP COM 2010 74022D308 393 47100 SH SOLE 47100 0 0
PROCTER & GAMBLE CO COM 742718109 33915 536800 SH SOLE 536800 0 0
PROCTER & GAMBLE CO COM 742718109 425 6736 SH DEFINED 1 6736 0 0
PROGRESSIVE WASTE SOLUTIONS COM 74339G101 18947 920000 SH SOLE 920000 0 0
PROVIDENT ENERGY LTD NEW COM 74386V100 9707 1185000 SH SOLE 1185000 0 0
QLOGIC CORP COM 747277101 1268 100000 SH SOLE 100000 0 0
QUEST DIAGNOSTICS INC COM 74834L100 2472 50097 SH DEFINED 1 50097 0 0
RANDGOLD RES LTD ADR 752344309 5224 54014 SH SOLE 54014 0 0
RENTECH INC COM 760112102 47 60000 SH DEFINED 1 60000 0 0
RESEARCH IN MOTION LTD COM 760975102 25292 1235653 SH SOLE 1235653 0 0
RIO TINTO PLC SPONSORED ADR 767204100 1411 32000 SH SOLE 32000 0 0
RITCHIE BROS AUCTIONEERS COM 767744105 18060 889716 SH SOLE 889716 0 0
ROGERS COMMUNICATIONS INC CL B 775109200 424744 12401805 SH SOLE 12401805 0 0
ROSS STORES INC COM 778296103 2022 25700 SH SOLE 25700 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 1026 22417 SH DEFINED 1 22417 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 2298122 50085163 SH SOLE 50085163 0 0
ROYAL BK SCOTLAND GROUP PLC SP ADR L RP PF 780097788 224 14000 SH DEFINED 1 14000 0 0
ROYAL BK SCOTLAND GROUP PLC SPON ADR SER H 780097879 206 12000 SH DEFINED 1 12000 0 0
SALESFORCE COM INC COM 79466L302 1770 16023 SH SOLE 16023 0 0
SARA LEE CORP COM 803111103 375 22964 SH SOLE 22964 0 0
SBA COMMUNICATIONS CORP COM 78388J106 19576 567836 SH SOLE 567836 0 0
SCHLUMBERGER LTD COM 806857108 238 3995 SH DEFINED 3995 0 0
SEACHANGE INTL INC COM 811699107 577 74892 SH DEFINED 1 74892 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 4281 146000 SH SOLE 146000 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 6107 192531 SH SOLE 192531 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 6237 210000 SH SOLE 210000 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 733 12535 SH DEFINED 1 12535 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 293 12427 SH DEFINED 1 12427 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 13105 556000 SH SOLE 556000 0 0
SEMGROUP CORP CL A 81663A105 23511 1177881 SH SOLE 1177881 0 0
SHAW COMMUNICATIONS INC CL B CONV 82028K200 234145 11534917 SH SOLE 11534917 0 0
SILVER WHEATON CORP COM 828336107 26345 891500 SH SOLE 891500 0 0
SIRIUS XM RADIO INC COM 82967N108 24 16500 SH DEFINED 1 16500 0 0
SONDE RES CORP COM 835426107 93 40500 SH SOLE 40500 0 0
SOUTHERN COPPER CORP COM 84265V105 9525 396379 SH DEFINED 1 396379 0 0
SOUTHERN COPPER CORP COM 84265V105 1624 65000 SH SOLE 65000 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 950 8720 SH DEFINED 1 8720 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 5018 31748 SH DEFINED 31748 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 62703 390452 SH DEFINED 1 390452 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 15855 100300 SH SOLE 100300 0 0
SPDR INDEX SHS FDS GLB NAT RESRCE 78463X541 207 4540 SH DEFINED 1 4540 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 19834 174938 SH DEFINED 174938 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 138658 1261297 SH DEFINED 1 1261297 0 0
SPDR SERIES TRUST BRCLYS YLD ETF 78464A417 772 21330 SH DEFINED 1 21330 0 0
SPRINT NEXTEL CORP COM SER 1 852061100 30 10000 SH SOLE 10000 0 0
ST JUDE MED INC COM 790849103 2298 63511 SH SOLE 63511 0 0
STANLEY BLACK & DECKER INC COM 854502101 1054 21462 SH SOLE 21462 0 0
STAPLES INC COM 855030102 4256 320000 SH SOLE 320000 0 0
SUN LIFE FINL INC COM 866796105 357285 14950032 SH SOLE 14950032 0 0
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SUNPOWER CORP COM CL A 867652109 701 86608 SH SOLE 86608 0 0
SUPERVALU INC COM 868536103 127 19149 SH DEFINED 1 19149 0 0
SUPERVALU INC COM 868536103 1598 239984 SH SOLE 239984 0 0
TAIWAN FD INC COM 874036106 210 14000 SH DEFINED 1 14000 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 4654 407200 SH SOLE 407200 0 0
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 6992 549681 SH SOLE 549681 0 0
TALISMAN ENERGY INC COM 87425E103 37482 3046937 SH SOLE 3046937 0 0
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TARGET CORP COM 87612E106 1313 26772 SH SOLE 26772 0 0
TATA MTRS LTD SPONSORED ADR 876568502 5383 350000 SH SOLE 350000 0 0
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TELECOMMUNICATION SYS INC CL A 87929J103 232 67250 SH DEFINED 1 67250 0 0
TELECOMMUNICATION SYS INC CL A 87929J103 265 76700 SH SOLE 76700 0 0
TELEFONICA S A SPONSORED ADR 879382208 8014 419145 SH SOLE 419145 0 0
TELLABS INC COM 879664100 150 35000 SH DEFINED 1 35000 0 0
TELUS CORP NON-VTG SHS 87971M202 78716 1687439 SH SOLE 1687439 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 5697 153067 SH SOLE 153067 0 0
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TIM HORTONS INC COM 88706M103 14398 267875 SH SOLE 267875 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 10871 153221 SH DEFINED 1 153221 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 1824304 25614273 SH SOLE 25614273 0 0
TRANSALTA CORP COM 89346D107 177728 8172443 SH SOLE 8172443 0 0
TRANSALTA CORP COM 89346D107 32667 1500000 SH SOLE 1 1500000 0 0
TRANSALTA CORP COM 89346D107 328 15100 SH DEFINED 1 15100 0 0
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TRANSCANADA CORP COM 89353D107 27416 675000 SH SOLE 1 675000 0 0
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UNILEVER N V N Y SHS NEW 904784709 255 8100 SH DEFINED 1 8100 0 0
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VALERO ENERGY CORP NEW COM 91913Y100 7534 423729 SH SOLE 423729 0 0
VANGUARD INDEX FDS MCAP GR IDXVIP 922908538 6233 120000 SH DEFINED 1 120000 0 0
VANGUARD INDEX FDS VALUE ETF 922908744 357 7600 SH DEFINED 7600 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 14889 257085 SH DEFINED 1 257085 0 0
VANGUARD INTL EQUITY INDEX F MSCI EMR MKT ETF 922042858 3846 107341 SH DEFINED 107341 0 0
VANGUARD INTL EQUITY INDEX F MSCI EMR MKT ETF 922042858 6414 178065 SH DEFINED 1 178065 0 0
VANGUARD INTL EQUITY INDEX F MSCI PAC ETF 922042866 3310 68030 SH DEFINED 1 68030 0 0
VANGUARD INTL EQUITY INDEX F MSCI EUROPE ETF 922042874 2210 54359 SH DEFINED 54359 0 0
VANGUARD INTL EQUITY INDEX F MSCI EUROPE ETF 922042874 5068 124300 SH DEFINED 1 124300 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 20900 440000 SH DEFINED 1 440000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 8733 237300 SH SOLE 237300 0 0
VISA INC COM CL A 92826C839 5834 66759 SH SOLE 66759 0 0
VORNADO RLTY TR SH BEN INT 929042109 874 11495 SH SOLE 11495 0 0
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WALGREEN CO COM 931422109 1347 40960 SH SOLE 40960 0 0
WATERS CORP COM 941848103 6069 80400 SH SOLE 80400 0 0
WELLS FARGO & CO NEW COM 949746101 9989 414126 SH SOLE 414126 0 0
WET SEAL INC CL A 961840105 336 75000 SH DEFINED 1 75000 0 0
WHOLE FOODS MKT INC COM 966837106 3581 54838 SH SOLE 54838 0 0
WILEY JOHN & SONS INC CL B 968223305 8982 200000 SH DEFINED 1 200000 0 0
WISDOMTREE TRUST INDIA ERNGS FD 97717W422 13721 756000 SH SOLE 756000 0 0
XILINX INC COM 983919101 1821 66349 SH SOLE 66349 0 0
YAHOO INC COM 984332106 3470 263690 SH SOLE 263690 0 0
YAMANA GOLD INC COM 98462Y100 36137 2631419 SH SOLE 2631419 0 0