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Stantec Inc (STN)

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Institutional Investors' Holdings

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No.	Name	Shares	Value	% Port
1.	Mackenzie Financial Corp	6,936,608	$574,941,701	0.82%
2.	Jarislowsky, Fraser Ltd	5,640,466	$467,461,990	2.93%
3.	Vanguard Group Inc	4,624,935	$383,351,613	0.01%
4.	Manufacturers Life Insurance Company, The	4,309,182	$359,131,250	0.34%
5.	Pictet Asset Management Holding Sa	4,222,388	$349,931,242	0.39%