INSTRUMENT	ISSUER	INT_RATE	Purchase Date	Maturity Date	Cost	Face Value	MARKET VALUE	BANK	ACCOUNT_NO	AMORTIZED VALE			12/31/2006
BOND	ACFA	4.295	30-Oct-2006	30-Oct-2007	2,000,000.00	2,000,000.00	1,981,460.00	422023	########		########
DCA	BC	4.15	18-Dec-06	9-Jan-07	9,975,000.00	10,000,000.00	9,989,772.73
BOND	BCMFA	5.027	22-Apr-2004	22-Apr-2013	998,900.00	1,000,000.00	1,015,865.00	422023	########		########
BOND	BMO	4.551	14-Jun-2006	14-Jun-2007	3,000,000.00	3,000,000.00	2,986,500.00	422023	########		########
BOND	BMO	4.631	25-Jul-2006	25-Jul-2007	1,000,000.00	1,000,000.00	997,500.00	422023	########		-2,500.00
BOND	BMO	4.550	25-Sep-2006	25-Sep-2007	4,000,000.00	4,000,000.00	3,999,500.00	422023	########		-   500.00
BOND	BMO	4.346	27-Oct-2006	27-Oct-2007	2,000,000.00	2,000,000.00	1,987,000.00	422023	########		########
BA	BNS	4.28	22-Nov-06	21-Feb-07	11,873,280.00	12,000,000.00	11,927,588.57	422341	########		########
BOND	BNS	4.295	25-Jan-2006	25-Jan-2007	1,000,000.00	1,000,000.00	976,597.00				########
BOND	BNS	4.295	22-Feb-2006	22-Feb-2007	1,500,000.00	1,500,000.00	1,485,840.00				########
BOND	BNS	4.141	24-Feb-2006	24-Feb-2007	1,000,000.00	1,000,000.00	992,000.00	422023	########		-8,000.00
BOND	BNS	4.704	21-Aug-2006	15-Jun-2007	3,400,000.00	3,400,000.00	3,393,900.00	422023	########		-6,100.00
BOND	BNS	4.193	10-Dec-2006	10-Dec-2007	2,000,000.00	2,000,000.00	1,965,854.00				########
DCA	BNS	4.27	27-Nov-06	20-Feb-07	14,852,250.00	15,000,000.00	14,911,350.00
DCA	BOND GOV CAN 5.0%	4.66	7-Apr-04	1-Jun-14	2,063,540.00	2,000,000.00	2,118,160.00	422023	########		########
DCA	BOND GOV CAN 5.0%	4.32	8-Mar-05	1-Jun-14	3,163,500.00	3,000,000.00	3,177,240.00				########
DCA	BOND GOV CAN 5.25%	4.62	8-Apr-04	1-Jun-13	2,101,600.00	2,000,000.00	2,136,720.00	422023	########		########
DCA	BOND GOV CAN 6.0%	4.99	22-Jan-02	1-Jun-08	2,115,000.00	2,000,000.00	2,052,512.00
DCA	BOND GOV CAN 6.0%	4.45	18-Mar-03	1-Jun-08	1,610,400.00	1,500,000.00	1,125,000.00
DCA	CANADA	4.10	20-Dec-06	11-Jan-07	9,975,300.00	10,000,000.00	9,987,650.00
BOND	CHT	4.300	24-Apr-2006	15-Mar-2009	2,947,500.00	3,000,000.00	2,965,560.00				########
BOND	CHT	3.609	17-Mar-2004	15-Mar-2009	998,780.00	1,000,000.00	988,520.00	422023	########		########
BOND	CHT	4.021	18-Jan-2006	15-Sep-2010	2,945,340.00	3,000,000.00	2,944,050.00	422023	########		########
BOND	CHT	4.040	09-Dec-2005	15-Sep-2010	1,964,800.00	2,000,000.00	1,962,700.00	422023	########		########
BOND	CHT	4.310	06-Apr-2006	15-Sep-2010	2,913,900.00	3,000,000.00	2,944,050.00				########
BOND	CHT	3.630	27-Sep-2005	15-Sep-2010	998,910.00	1,000,000.00	981,350.00	422023	########		########
BOND	CHT	4.263	29-Mar-2006	15-Mar-2011	1,984,980.00	2,000,000.00	1,996,012.00	422023	########		-3,988.00
BOND	CIBC	4.377	26-Mar-2004	26-Mar-2009	10,365,000.00	10,000,000.00	10,253,130.00	422023	########		########
BOND	CIBC	4.839	14-Mar-2005	22-Dec-2014	1,994,880.00	2,000,000.00	2,031,942.00	422341	########		########
DCA	CIBC	4.28	20-Dec-06	18-Jan-07	19,932,200.00	20,000,000.00	19,957,917.24
BOND	CMHC	4.200	20-Sep-2004	15-Sep-2009	1,020,270.00	1,000,000.00	1,013,898.00	422023	########		########
BOND	FARM CREDIT	4.091	24-Jul-2006	24-Jan-2007	1,000,000.00	1,000,000.00	977,764.00				########
BOND	FARM CREDIT	4.244	01-Dec-2006	01-Jun-2007	1,000,000.00	1,000,000.00	988,691.00				########
BOND	FARM CREDIT	4.397	16-Jun-2006	16-Jun-2007	5,000,000.00	5,000,000.00	4,970,000.00				########
BOND	FARM CREDIT	4.551	28-Jun-2006	28-Jun-2007	3,000,000.00	3,000,000.00	2,984,298.00				########
BOND	FARM CREDIT	4.142	05-Dec-2006	05-Dec-2007	1,000,000.00	1,000,000.00	976,919.00	422341	########		########
BOND	FARM CREDIT	4.142	05-Dec-2006	05-Dec-2007	1,000,000.00	1,000,000.00	976,919.00	422023	########		########
BOND	FARM CREDIT	4.142	20-Dec-2006	20-Dec-2007	1,000,000.00	1,000,000.00	988,638.00	422023	########		########
BOND	FARM CREDIT	4.142	20-Dec-2006	20-Dec-2007	1,000,000.00	1,000,000.00	988,638.00				########
BOND	GOV CAN	4.201	10-Jul-2003	01-Jun-2009	2,138,920.00	2,000,000.00	2,077,678.40	422023	########		########
BOND	HALTON	4.684	13-Feb-2004	12-Feb-2012	989,018.00	991,000.00	1,002,788.94	422023	########		########
BA	HONGKONG	4.31	13-Dec-06	15-Mar-07	4,946,250.00	5,000,000.00	4,956,766.30				########
BA	HONGKONG	4.35	25-Oct-06	30-Apr-07	7,825,600.00	8,000,000.00	7,888,085.56				########
DCA	HONGKONG	4.30	13-Dec-06	29-Jun-07	9,772,100.00	10,000,000.00	9,792,818.18
DCA	HONGKONG	4.20	13-Dec-06	14-Dec-07	4,797,950.00	5,000,000.00	4,807,886.89
BOND	LONDON	4.580	19-Sep-2003	19-Sep-2009	498,830.00	500,000.00	502,536.00	422023	########		2,536.00
BOND	MANITOBA	4.091	01-Oct-2006	01-Oct-2007	3,000,000.00	3,000,000.00	2,902,947.00	422023	########		########
BOND	MANITOBA	4.091	01-Dec-2006	01-Dec-2007	2,000,000.00	2,000,000.00	1,958,000.00	422341	########		########
BOND	MANITOBA	4.142	29-Dec-2006	31-Dec-2007	1,000,000.00	1,000,000.00	999,000.00	422023	########		-1,000.00
BA	MANULIFE	4.17	17-Feb-06	16-Feb-07	8,000,000.00	8,332,686.03	8,289,729.32	422023	########		########
BA	MANULIFE	4.27	27-Nov-06	30-Apr-07	10,000,000.00	10,180,158.90	10,039,775.34				########
BA	MANULIFE	4.65	28-Jun-06	28-Jun-07	8,000,000.00	8,372,000.00	8,189,567.12				########
BOND	ONT	3.100	07-Jan-2005	08-Mar-2007	2,085,000.00	2,000,000.00	2,003,760.00				3,760.00
BOND	ONT	3.878	15-Dec-2005	08-Mar-2007	4,064,400.00	4,000,000.00	4,007,520.00	422023	########		7,520.00
BOND	ONT	3.582	11-Feb-2004	21-Jun-2007	2,079,000.00	2,000,000.00	2,009,312.00	422023	########		9,312.00
BOND	ONT	3.734	04-Nov-2005	04-Nov-2007	1,000,000.00	1,000,000.00	981,261.00				########
BOND	ONT	4.573	17-Nov-2003	19-Nov-2008	497,295.00	500,000.00	509,785.00				9,785.00
BOND	ONT	4.529	17-Nov-2003	19-Nov-2008	996,500.00	1,000,000.00	1,019,570.00				########
BOND	ONT	4.193	22-Nov-2006	22-Nov-2008	1,000,000.00	1,000,000.00	995,237.00				-4,763.00
BOND	ONT	3.216	15-Jun-2005	01-Dec-2008	3,244,932.00	3,000,000.00	3,093,900.00				########
BOND	ONT	4.189	03-May-2004	19-May-2009	2,980,260.00	3,000,000.00	3,005,380.00	422023	########		5,380.00
BOND	ONT	5.050	08-Oct-2004	08-Mar-2014	1,000,830.00	1,000,000.00	1,044,400.00	422023	########		########
BOND	ONT	5.175	09-Aug-2004	08-Mar-2014	991,630.00	1,000,000.00	1,044,400.00				########
BOND	ONT	4.318	24-Oct-2005	08-Mar-2015	3,052,200.00	3,000,000.00	3,079,854.60
BOND	ONT	4.276	22-Jul-2005	08-Mar-2015	1,021,050.00	1,000,000.00	1,012,794.00
BA	RBC	4.28	18-Dec-06	15-Jan-07	4,983,650.00	5,000,000.00	4,991,241.07				-8,758.93
BA	RBC	4.30	22-Aug-06	16-Jan-07	19,660,000.00	20,000,000.00	19,962,993.20	422023	########		########
BA	RBC	4.29	17-Nov-06	16-Feb-07	18,798,980.00	19,000,000.00	18,896,176.48	422341	########		########
BOND	RBC	4.652	20-Sep-2006	20-Mar-2007	2,000,000.00	2,000,000.00	1,978,000.00				########
BOND	RBC	4.910	24-Aug-2006	24-Aug-2007	5,000,000.00	5,000,000.00	4,852,715.00	422023	########		########
BOND	RBC	4.203	12-Jan-2006	16-Dec-2007	1,495,500.00	1,500,000.00	1,465,032.00	422023	########		########
DCA	RBC	4.29	17-Nov-06	16-Feb-07	1,978,840.00	2,000,000.00	1,989,071.21
BOND	TORONTO	4.586	25-Sep-2003	25-Sep-2009	499,100.00	500,000.00	503,765.00	422023	########		3,765.00
BOND	TORONTO	4.586	25-Sep-2003	25-Sep-2009	499,100.00	500,000.00	503,765.00	422023	########		3,765.00
BOND	TORONTO	4.801	25-Sep-2003	25-Sep-2010	499,900.00	500,000.00	509,352.00	422023	########		9,352.00
BOND	TORONTO	4.676	20-May-2005	20-May-2015	1,292,473.00	1,300,000.00	1,309,653.80
BOND	YORK	4.208	25-May-2005	25-May-2011	997,900.00	1,000,000.00	989,365.00	422023	########		########
BOND	YORK	4.040	27-Sep-2005	27-Sep-2013	1,986,000.00	2,000,000.00	1,950,536.00				########
				Cost	288,368,538.00
						Market Value	288,215,423.96
			Less:Varley Trust		-    1,418,779.00
					286,949,759.00		286,796,644.96
				Less Ammort/Bank	-592,655.00
					286,357,104.00
1140060	98564196	ok
1140070	105290603	ok
1140075	81,783,640.00	ok		Canada		23,006,656.29
				Ontario		23,845,600.37
				Municipal		7,211,664.71
1140061	214,611.00	ok		Gov Business Enterprises		29,566,796.45
1140076	304,789.00	ok		Provincial & Banks		202,726,386.18
1600002	199,265.00
	286,357,104.00