Instuitional Investor - Hillsdale Investment Management Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Royal Bank Canada Montreal Que	RY	1,005,143	$207,917,344	4.74%
2.	Canadian Imperial Bank Commerce	CM	1,106,970	$127,339,676	2.9%
3.	Toronto Dominion Bank Ont	TD	1,019,172	$123,786,707	2.82%
4.	Bank Of Nova Scotia	BNS	1,349,041	$117,130,780	2.67%
5.	Enerflex Ltd.	EFXT	3,615,379	$88,694,325	2.02%