INSTRUMENT	ISSUER	INT_RATE	Purchase Date	Maturity Date	Cost	Face Value	MARKET VALUE	BANK	ACCOUNT_NO	AMORTIZED VALE		12/31/2003
SERIALS	BC	4.90	27-Mar-2002	21-Jun-2004	1,681,992.00	1,872,000.00	1,831,765.75	WG	422023	1,831,765.75
BA	BNS	2.72	08-Dec-2003	05-Jan-2004	4,989,600.00	5,000,000.00	4,998,142.86	TD	422341	4,998,142.86
BA	BNS	2.73	11-Dec-2003	12-Jan-2004	3,990,440.00	4,000,000.00	3,996,415.00	TD	422341	3,996,415.00
BA	BNS	2.73	11-Dec-2003	12-Jan-2004	5,985,660.00	6,000,000.00	5,994,622.50	TD	422023	5,994,622.50
BA	CIBC	2.68	30-Oct-2003	29-Jan-2004	19,867,200.00	20,000,000.00	19,957,679.12	TD	422023	19,957,679.12
BA	CIBC	2.76	17-Nov-2003	04-Feb-2004	6,958,420.00	7,000,000.00	6,981,578.48	TD	422341	6,981,578.48
BA	CIBC	2.70	02-Dec-2003	01-Mar-2004	7,947,120.00	8,000,000.00	7,964,159.11	TD	422023	7,964,159.11
BA	CIBC	2.70	02-Dec-2003	01-Mar-2004	1,986,780.00	2,000,000.00	1,991,039.78	TD	422023	1,991,039.78
BOND	CIBC	3.53	05-Aug-2003	05-Aug-2005	3,000,000.00	3,000,000.00	2,990,160.00	RBC	422023	3,000,000.00
BOND	CMHC	6.33	08-Mar-2000	01-Dec-2004	976,570.00	1,000,000.00	1,028,470.00	MER	422023	995,446.80
BOND	CMHC	6.33	08-Mar-2000	01-Dec-2004	976,570.00	1,000,000.00	1,028,470.00	WG	422023	995,446.80
BOND	CMHC	6.32	08-Mar-2000	01-Dec-2004	1,465,200.00	1,500,000.00	1,542,705.00	WG	422023	1,493,237.25
BOND	CMHC	5.57	31-Jan-2001	01-Dec-2005	1,031,310.00	1,000,000.00	1,059,550.00	MER	422023	1,012,435.30
BOND	CMHC	5.57	31-Jan-2001	01-Dec-2005	773,482.00	750,000.00	794,662.50	WG	422023	759,326.28
BOND	CMHC	5.95	28-May-2001	01-Dec-2006	2,429,500.00	2,500,000.00	2,625,850.00	WG	422023	2,462,666.17
BOND	EDC	3.22	14-Jan-2003	10-May-2004	5,157,000.00	5,000,000.00	5,049,100.00	RBC	422023	5,042,670.12
BOND	EDC	4.04	15-Sep-2003	15-Mar-2005	3,000,000.00	3,000,000.00	2,995,680.00	WG	422023	3,000,000.00
BOND	FARM CREDIT	6.39	27-Mar-2000	07-Jun-2004	1,918,000.00	2,000,000.00	2,020,800.00	WG	422023	1,991,495.11
BOND	FARM CREDIT	3.43	25-Jun-2003	25-Jun-2004	1,000,000.00	1,000,000.00	987,550.00	MER	422023	1,000,000.00
BOND	FARM CREDIT	4.14	06-Aug-2003	06-Aug-2004	1,000,000.00	1,000,000.00	992,650.00	WG	422023	1,000,000.00
BOND	FARM CREDIT	3.68	07-Oct-2003	07-Oct-2004	1,000,000.00	1,000,000.00	995,580.00	WG	422023	1,000,000.00
BOND	FARM CREDIT	4.27	26-Nov-2002	26-Nov-2004	1,492,500.00	1,500,000.00	1,499,235.00	RBC	422023	1,496,603.97
BOND	GOV CAN	5.55	07-May-2001	01-Dec-2006	3,217,200.00	3,000,000.00	3,255,000.00	TD	422023	3,113,832.45
BOND	GOV CAN	5.24	31-Aug-2001	01-Jun-2007	5,511,000.00	5,000,000.00	5,500,000.00	TD	422023	5,303,680.00
BOND	GOV CAN	4.20	10-Jul-2003	01-Jun-2009	2,138,920.00	2,000,000.00	2,134,180.00	RBC	422023	2,127,692.84
BOND	GOV CAN	4.96	04-Nov-2003	01-Jun-2013	3,080,100.00	3,000,000.00	3,132,900.00	RBC	422023	3,078,794.40
BOND	GOV CAN	4.92	04-Dec-2003	01-Jun-2013	2,058,000.00	2,000,000.00	2,088,600.00	RBC	422023	2,057,548.31
BOND	GOV CAN	4.99	22-Jan-2002	01-Jun-2008	2,115,000.00	2,000,000.00	2,181,543.00	RBC	422341	2,079,935.40
BOND	GOV CAN	4.81	17-Nov-2002	01-Dec-2008	3,147,300.00	3,000,000.00	3,219,524.70	RBC	422341	3,119,990.07
BOND	GOV CAN	4.45	18-Mar-2003	01-Jun-2008	1,610,400.00	1,500,000.00	1,636,157.25	RBC	422341	1,593,683.28
T-BILLS	GOV CAN	2.68	25-Nov-2003	15-Jan-2004	9,962,700.00	10,000,000.00	9,989,029.41	TD	422023	9,989,029.41
T-BILLS	GOV CAN	2.66	26-Nov-2003	15-Jan-2004	3,985,480.00	4,000,000.00	3,995,644.00	TD	422023	3,995,644.00
BDN	HONGKONG	2.74	04-Dec-2003	03-Mar-2004	11,919,480.00	12,000,000.00	11,943,636.00	HK	422023	11,943,636.00
BDN	HONGKONG	2.69	18-Dec-2003	18-Mar-2004	9,933,400.00	10,000,000.00	9,942,914.29	HK	422341	9,942,914.29
BOND	LONDON	4.58	19-Sep-2003	19-Sep-2009	498,830.00	500,000.00	502,130.00	WG	422023	498,884.98
BOND	MANITOBA	3.73	01-Oct-2003	01-Oct-2004	1,000,000.00	1,000,000.00	998,950.00	WG	422023	1,000,000.00
BOND	ONT	4.14	01-Mar-2002	01-Mar-2004	1,000,000.00	1,000,000.00	997,690.00	WG	422023	1,000,000.00
BOND	ONT	4.86	03-Apr-2002	03-Apr-2004	1,000,000.00	1,000,000.00	998,310.00	WG	422023	1,000,000.00
BOND	ONT	3.66	04-Oct-2002	15-May-2004	2,034,000.00	2,000,000.00	2,028,160.00	RBC	422023	2,007,850.59
BOND	ONT	3.55	04-Oct-2002	04-Jun-2004	1,331,970.80	1,318,000.00	1,325,301.72	RBC	422023	1,321,578.73
BOND	ONT	5.00	21-Jun-2002	21-Jun-2004	500,000.00	500,000.00	495,650.00	WG	422023	500,000.00
BOND	ONT	2.90	01-Dec-2003	21-Jun-2004	1,317,940.00	1,300,000.00	1,311,765.00	WG	422023	1,315,288.77
BOND	ONT	4.14	04-Nov-2002	04-Nov-2004	1,000,000.00	1,000,000.00	1,001,990.00	WG	422023	1,000,000.00
BOND	ONT	4.57	31-Jan-2003	31-Jan-2005	1,990,000.00	2,000,000.00	1,991,140.00	RBC	422023	1,994,569.08
BOND	ONT	6.75	16-May-2000	08-Mar-2005	984,080.00	1,000,000.00	1,040,400.00	MER	422023	996,076.63
BOND	ONT	6.13	01-Nov-2000	08-Mar-2005	3,022,800.00	3,000,000.00	3,121,200.00	WG	422023	3,006,216.88
BOND	ONT	4.35	17-Apr-2003	17-Apr-2005	2,000,000.00	2,000,000.00	2,011,400.00	WG	422023	2,000,000.00
BOND	ONT	4.19	20-May-2003	20-May-2005	1,500,000.00	1,500,000.00	1,503,855.00	WG	422023	1,500,000.00
BOND	ONT	4.09	02-Jun-2003	02-Jun-2005	1,500,000.00	1,500,000.00	1,493,055.00	WG	422023	1,500,000.00
BOND	ONT	4.57	21-Jun-2002	21-Jun-2005	500,000.00	500,000.00	543,590.00	WG	422023	500,000.00
BOND	ONT	4.57	24-Jun-2002	21-Jun-2005	1,500,000.00	1,500,000.00	1,630,770.00	WG	422023	1,500,000.00
BOND	ONT	3.79	18-Jul-2003	18-Jul-2005	5,000,000.00	5,000,000.00	5,021,850.00	RBC	422023	5,000,000.00
BOND	ONT	5.41	01-Mar-2001	27-Sep-2005	3,217,200.00	3,000,000.00	3,204,900.00	WG	422023	3,082,668.58
BOND	ONT	5.47	22-Feb-2001	01-Dec-2005	1,677,672.00	1,500,000.00	1,642,980.00	MER	422023	1,571,456.15
BOND	ONT	4.04	01-Dec-2003	01-Dec-2005	1,000,000.00	1,000,000.00	1,005,160.00	WG	422023	1,000,000.00
BOND	ONT	4.25	30-Sep-2002	21-Jun-2006	2,503,228.00	2,366,000.00	2,499,489.72	WG	422023	2,457,115.36
BOND	ONT	3.45	23-Jun-2003	21-Jun-2006	500,000.00	500,000.00	495,650.00	WG	422023	500,000.00
BOND	ONT	3.45	26-Jun-2003	21-Jun-2006	3,500,000.00	3,500,000.00	4,174,380.00	WG	422023	3,500,000.00
BOND	ONT	4.00	17-Nov-2003	21-Jun-2006	3,196,800.00	3,000,000.00	2,973,900.00	WG	422023	3,187,656.18
BOND	ONT	5.64	15-May-2001	24-Jul-2006	2,195,000.00	2,000,000.00	2,214,340.00	MER	422023	2,096,265.82
BOND	ONT	5.95	28-May-2001	24-Jul-2006	2,707,500.00	2,500,000.00	2,767,925.00	WG	422023	2,603,143.92
BOND	ONT	4.57	17-Nov-2003	19-Nov-2008	497,295.00	500,000.00	505,800.00	CAN	422023	497,360.07
BOND	ONT	4.53	17-Nov-2003	19-Nov-2008	996,500.00	1,000,000.00	1,011,600.00	CAN	422023	996,584.20
BOND	OTTAWA	3.76	08-May-2003	18-Jun-2004	1,040,800.00	1,000,000.00	1,021,490.00	WG	422023	1,017,041.77
BA	RBC	2.72	08-Dec-2003	05-Jan-2004	5,987,520.00	6,000,000.00	5,997,771.43	TD	422341	5,997,771.43
BA	RBC	2.74	12-Dec-2003	14-Jan-2004	5,985,180.00	6,000,000.00	5,993,712.73	TD	422023	5,993,712.73
BA	RBC	2.74	17-Dec-2003	15-Jan-2004	9,978,300.00	10,000,000.00	9,988,775.86	TD	422341	9,988,775.86
BA	TD	2.63	08-Oct-2003	08-Jan-2004	6,953,870.00	7,000,000.00	6,995,988.70	TD	422341	6,995,988.70
BA	TD	2.63	08-Oct-2003	08-Jan-2004	8,940,690.00	9,000,000.00	8,994,842.61	TD	422023	8,994,842.61
BA	TD	2.74	15-Dec-2003	14-Jan-2004	6,984,250.00	7,000,000.00	6,992,650.00	TD	422341	6,992,650.00
BA	TD	2.74	15-Dec-2003	14-Jan-2004	2,993,250.00	3,000,000.00	2,996,850.00	TD	422023	2,996,850.00
BA	TD	2.68	19-Dec-2003	17-Feb-2004	6,969,270.00	7,000,000.00	6,975,416.00	TD	422341	6,975,416.00
BA	TD	2.68	19-Dec-2003	17-Feb-2004	6,969,270.00	7,000,000.00	6,975,416.00	TD	422341	6,975,416.00
BDN	TD	2.73	03-Dec-2003	07-Jan-2004	9,973,900.00	10,000,000.00	9,994,780.00	TD	422341	9,994,780.00
BOND	TORONTO	3.02	24-Oct-2003	29-Nov-2004	4,825,968.00	4,800,000.00	4,832,688.00	WG	422023	4,821,575.40
BOND	TORONTO	4.59	25-Sep-2003	25-Sep-2009	499,100.00	500,000.00	501,060.00	MER	422023	499,139.83
BOND	TORONTO	4.59	25-Sep-2003	25-Sep-2009	499,100.00	500,000.00	501,060.00	WG	422023	499,139.83
BOND	TORONTO	4.80	25-Sep-2003	25-Sep-2010	499,900.00	500,000.00	502,075.00	WG	422023	499,903.79
				Cost	266,077,507.80	263,916,944.00
						Market Value	268,122,901.51
1140060	144,437,178.65	ok	Less:Varley Trust		-    1,449,705.00
1140070	36,372,437.84	ok			264,627,802.80		266,673,196.51
1140075	81,218,450.00	ok		Less Ammort/Bank	-722,893.94		265,950,302.57
1140061	1,366,392.35	ok			263,904,908.86
1140076	294,155.16	ok
1600002	216,294.86
	263,904,908.86