13F-HR 1 d13fhr.txt FORM 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2004 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: RBC Private Counsel Inc. Address: Scotia Plaza, Suite 5100 40 King Street West Toronto, Ontario M5H 3Y2 Form 13F File Number: 28- --------------------- 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: Rob McDonald Title: Vice President Portfolio Implementation Phone (416) 956-9619 Signature, Place, and Date of Signing: /s/ Rob McDonald Toronto, Ontario CANADA February 14, 2005 ------------------------ [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: NONE FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: NIL Form 13F Information Table Entry Total: 527 Form 13F Information Table Value Total: $977,772 (thousands) List of Other Included Managers: NONE Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. FORM 13F Information Table RBC Private Counsel Inc. - December 31, 2004

Page 1 of 8 Best Buy Co Inc COMMON 086516101 42 706 Shared/Defined N/A Shared BHP Billiton Ltd COMMON SP ADR(2 ORDS) 088606108 957 40000 Shared/Defined N/A Shared Biovail Corp COMMON 09067J109 14 875 Shared/Defined N/A Shared Black & Decker Corp COMMON 091797100 9 100 Shared/Defined N/A Shared Boeing Co COMMON 097023105 1426 27650 Shared/Defined N/A Shared Brascan Corp COMMON VTG 10549P606 16013 447016 Shared/Defined N/A Shared Brilliance China Automotive Ho COMMON SP ADR 10949Q105 8 400 Shared/Defined N/A Shared Bristol-Myers Squibb Co COMMON 110122108 1623 64118 Shared/Defined N/A Shared British American Tobacco Plc COMMON SP ADR 110448107 62 1800 Shared/Defined N/A Shared Broadcom Corp COMMON 111320107 5 140 Shared/Defined N/A Shared Brookfield Properties Co COMMON 112900105 609 16300 Shared/Defined N/A Shared Brush Engineered Materials Inc SUB COMMON 117421107 18 1000 Shared/Defined N/A Shared Burlington Resources Inc COMMON 122014103 36 836 Shared/Defined N/A Shared CAE Inc COMMON 124765108 153 36390 Shared/Defined N/A Shared CHC Helicopter Corp CLASS A SUB VTG 12541C203 5551 130882 Shared/Defined N/A Shared CSX Corp COMMON 126408103 12 300 Shared/Defined N/A Shared CVS Corp COMMON 126650100 56 1317 Shared/Defined N/A Shared Cablevision Systems Corp CL A 12686C109 280 11609 Shared/Defined N/A Shared Cadbury Schweppes PLC ADR (4ORD) 127209302 19 500 Shared/Defined N/A Shared Cambior Inc COMMON 13201L103 5 2000 Shared/Defined N/A Shared Cameco Corp COMMON 13321L108 13539 388599 Shared/Defined N/A Shared Campbell Soup Co COMMON 134429109 24 800 Shared/Defined N/A Shared Canadian Imperial Bank of Comm COMMON 136069101 41371 689940 Shared/Defined N/A Shared Canadian National Railway Co COMMON 136375102 28717 473302 Shared/Defined N/A Shared Canadian Natural Resources Ltd COMMON 136385101 1602 37620 Shared/Defined N/A Shared Canadian Pacific Railway Ltd COMMON 13645T100 13383 392954 Shared/Defined N/A Shared Canon Inc COMMON (1 ORD) 138006309 843 16098 Shared/Defined N/A Shared Capital One Financial Corp COMMON 14040H105 28 400 Shared/Defined N/A Shared Capstone Turbine Corp COMMON 14067D102 0 200 Shared/Defined N/A Shared Cardinal Health Inc COMMON 14149Y108 235 4355 Shared/Defined N/A Shared Cardiome Pharma Corp SP 14159U202 76 10000 Shared/Defined N/A Shared Carnival Corp COMMON 143658300 2610 46075 Shared/Defined N/A Shared Caterpillar Inc COMMON 149123101 147 1532 Shared/Defined N/A Shared Celestica Inc ADR 15101Q108 137 9790 Shared/Defined N/A Shared Cemex SA de CV ADR(5ORDS) 151290889 0 1 Shared/Defined N/A Shared Cendant Corp COMMON 151313103 26 1165 Shared/Defined N/A Shared ChevronTexaco Corp COMMON 166764100 938 18100 Shared/Defined N/A Shared China Mobile Hong Kong Ltd ADR(5ORDS) 16941M109 7 400 Shared/Defined N/A Shared China Telecom Corp Ltd COMMON 169426103 7 200 Shared/Defined N/A Shared Chubb Corp COMMON 171232101 266 3520 Shared/Defined N/A Shared Chunghwa Telecom Co Ltd ADR(10ORDS) 17133Q205 365 17785 Shared/Defined N/A Shared Cincinnati Financial Corp WTS 172062101 200 4597 Shared/Defined N/A Shared Cisco Systems Inc COMMON 17275R102 2770 145630 Shared/Defined N/A Shared Citigroup Inc SP 172967101 2207 47749 Shared/Defined N/A Shared City National Corp/Beverly Hil COMMON 178566105 4 55 Shared/Defined N/A Shared Clorox Co COMMON 189054109 141 2400 Shared/Defined N/A Shared Coca-Cola Co/The COMMON 191216100 989 23955 Shared/Defined N/A Shared Cognos Inc COMMON 19244C109 1202 27460 Shared/Defined N/A Shared Colgate-Palmolive Co COMMON 194162103 147 2875 Shared/Defined N/A Shared Comcast Corp CLASS A 20030N200 485 15222 Shared/Defined N/A Shared Compuware Corp MSCI 205638109 3 488 Shared/Defined N/A Shared Comtech Telecommunications Cor MSCI 205826209 11 300 Shared/Defined N/A Shared Consolidated Edison Inc MSCI 209115104 80 1845 Shared/Defined N/A Shared Costco Wholesale Corp MSCI 22160K105 425 8895 Shared/Defined N/A Shared Cott Corp MSCI 22163N106 28 1150 Shared/Defined N/A Shared Countrywide Financial Corp MSCI 222372104 11 300 Shared/Defined N/A Shared CP Ships Ltd MSCI 22409V102 2493 174535 Shared/Defined N/A Shared Cree Inc MSCI 225447101 8 200 Shared/Defined N/A Shared Crystallex International Corp MSCI 22942F101 7 2000 Shared/Defined N/A Shared Danaher Corp MSCI 235851102 3487 61819 Shared/Defined N/A Shared Dell Inc MSCI 24702R101 3288 79497 Shared/Defined N/A Shared Delphi Corp COMMON 247126105 1 122 Shared/Defined N/A Shared Dentsply International Inc COMMON 249030107 157 2835 Shared/Defined N/A Shared Deutsche Telekom AG SP ADR(1ORD) 251566105 23 1000 Shared/Defined N/A Shared DIAMONDS Trust Series I MSCI SER 1 252787106 774 7223 Shared/Defined N/A Shared Diebold Inc GS 253651103 244 4502 Shared/Defined N/A Shared DIRECTV Group Inc/The S&P500/BAR 25459L106 7 411 Shared/Defined N/A Shared Walt Disney Co MSCI 254687106 1292 47336 Shared/Defined N/A Shared Dr Reddy's Laboratories Ltd ADR (0.5INR10) 256135203 10 500 Shared/Defined N/A Shared Dominion Resources Inc/VA COMMON 25746U109 105 1552 Shared/Defined N/A Shared Domtar Inc COMMON 257561100 1285 106658 Shared/Defined N/A Shared RR Donnelley & Sons Co COMMON 257867101 34 975 Shared/Defined N/A Shared Dorel Industries Inc CLASS B SUB VTG 25822C205 1380 40195 Shared/Defined N/A Shared Dow Chemical Co/The COMMON 260543103 1359 27545 Shared/Defined N/A Shared Dow Jones & Co Inc COMMON 260561105 258 6144 Shared/Defined N/A Shared

Page 2 of 8 Draxis Health Inc COMMON 26150J101 37 7412 Shared/Defined N/A Shared EI Du Pont de Nemours & Co COMMON 263534109 1201 25828 Shared/Defined N/A Shared Duke Energy Corp COMMON 264399106 345 13831 Shared/Defined N/A Shared EMC Corp/Massachusetts COMMON 268648102 80 5370 Shared/Defined N/A Shared Eastman Chemical Co COMMON 277432100 6 112 Shared/Defined N/A Shared Eastman Kodak Co COMMON 277461109 148 4600 Shared/Defined N/A Shared Eaton Corp COMMON 278058102 433 6000 Shared/Defined N/A Shared eBay Inc COMMON 278642103 2163 18923 Shared/Defined N/A Shared EchoStar Communications Corp CLASS A 278762109 7 200 Shared/Defined N/A Shared Ecolab Inc COMMON 278865100 3459 100508 Shared/Defined N/A Shared Electroglas Inc COMMON 285324109 1 200 Shared/Defined N/A Shared Electronic Data Systems Corp COMMON 285661104 5 200 Shared/Defined N/A Shared Elizabeth Arden Inc COMMON 28660G106 87 3696 Shared/Defined N/A Shared Emerson Electric Co COMMON 291011104 2512 36132 Shared/Defined N/A Shared Enbridge Inc ADR 29250N105 24433 492680 Shared/Defined N/A Shared EnCana Corp COMMON 292505104 54203 955482 Shared/Defined N/A Shared Enerplus Resources Fund TRUST UNIT SER G 29274D604 394 10889 Shared/Defined N/A Shared Entergy Corp COMMON 29364G103 10 150 Shared/Defined N/A Shared Ericsson ADR(10 SER B SHRS) 294821608 27 950 Shared/Defined N/A Shared Europe Fund Inc COMMON 29874M103 3 300 Shared/Defined N/A Shared Exfo Electro Optical Engineeri COMMON SUB VTG 302043104 27 5600 Shared/Defined N/A Shared Express Scripts Inc CLASS A 302182100 2676 35674 Shared/Defined N/A Shared Extendicare Inc COMMON 30224T871 59 4600 Shared/Defined N/A Shared Exxon Mobil Corp COMMON 30231G102 5616 112151 Shared/Defined N/A Shared FPL Group Inc COMMON 302571104 140 1877 Shared/Defined N/A Shared Fairfax Financial Holdings Ltd COMMON SUB VTG 303901102 20 120 Shared/Defined N/A Shared Fairmont Hotels & Resorts Inc COMMON 305204109 4375 127367 Shared/Defined N/A Shared Fannie Mae COMMON 313586109 334 4702 Shared/Defined N/A Shared Fidelity National Financial In COMMON 316326107 2 50 Shared/Defined N/A Shared Fifth Third Bancorp COMMON 316773100 1596 34401 Shared/Defined N/A Shared First Data Corp COMMON 319963104 2390 57268 Shared/Defined N/A Shared First Horizon National Corp COMMON 320517105 258 6000 Shared/Defined N/A Shared First Health Group Corp COMMON 320960107 75 4000 Shared/Defined N/A Shared Fiserv Inc COMMON 337738108 1054 26618 Shared/Defined N/A Shared Flowserve Corp UNIT 34354P105 82 3000 Shared/Defined N/A Shared Foot Locker Inc COMMON 344849104 21 800 Shared/Defined N/A Shared Ford Motor Co COMMON 345370860 70 4796 Shared/Defined N/A Shared Fording Canadian Coal Trust TRUST UNIT 345425102 14605 189714 Shared/Defined N/A Shared Forest Laboratories Inc COMMON 345838106 257 5795 Shared/Defined N/A Shared Fortune Brands Inc COMMON 349631101 115 1500 Shared/Defined N/A Shared Four Seasons Hotels Inc COMMON SUB VTG 35100E104 47 572 Shared/Defined N/A Shared Franklin Resources Inc COMMON 354613101 173 2500 Shared/Defined N/A Shared Freeport-McMoRan Copper & Gold CLASS B 35671D857 32 1000 Shared/Defined N/A Shared Freescale Semiconductor Inc CLASS B 35687M206 10 580 Shared/Defined N/A Shared GSI Lumonics Inc COMMON 36229U102 1 70 Shared/Defined N/A Shared Gallaher Group Plc ADR (4ORD) 363595109 151 2500 Shared/Defined N/A Shared Gannett Co Inc COMMON 364730101 201 2475 Shared/Defined N/A Shared General Dynamics Corp COMMON 369550108 5 50 Shared/Defined N/A Shared General Electric Co COMMON 369604103 10979 307589 Shared/Defined N/A Shared General Growth Properties Inc COMMON 370021107 172 4899 Shared/Defined N/A Shared General Motors Corp COMMON 370442105 171 4290 Shared/Defined N/A Shared Genuine Parts Co COMMON 372460105 99 2250 Shared/Defined N/A Shared Genzyme Corp COMMON 372917104 1369 23940 Shared/Defined N/A Shared Georgia-Pacific Corp COMMON 373298108 195 5214 Shared/Defined N/A Shared Gerdau AmeriSteel Corp COMMON 37373P105 671 100000 Shared/Defined N/A Shared Gillette Co/The COMMON 375766102 195 4365 Shared/Defined N/A Shared Glamis Gold Ltd COMMON 376775102 818 47920 Shared/Defined N/A Shared GlaxoSmithKline PLC SP ADR (2ORD) 37733W105 596 12716 Shared/Defined N/A Shared Goldcorp Inc COMMON 380956409 1257 83737 Shared/Defined N/A Shared Golden West Financial Corp COMMON 381317106 5 80 Shared/Defined N/A Shared Goldman Sachs Group Inc COMMON 38141G104 343 3325 Shared/Defined N/A Shared Goodrich Corp COMMON 382388106 130 4000 Shared/Defined N/A Shared WW Grainger Inc COMMON 384802104 3 40 Shared/Defined N/A Shared Great Plains Energy Inc COMMON 391164100 42 1400 Shared/Defined N/A Shared CGI Group Inc COMMON SUB VTG 39945C109 88 13235 Shared/Defined N/A Shared Guidant Corp COMMON 401698105 215 3030 Shared/Defined N/A Shared HCA Inc COMMON 404119109 96 2400 Shared/Defined N/A Shared HSBC Holdings PLC COMMON 404280406 13 150 Shared/Defined N/A Shared Harley-Davidson Inc COMMON 412822108 26 425 Shared/Defined N/A Shared Harrah's Entertainment Inc COMMON 413619107 11 160 Shared/Defined N/A Shared Hartford Financial Services Gr COMMON 416515104 65 948 Shared/Defined N/A Shared HJ Heinz Co COMMON 423074103 503 13375 Shared/Defined N/A Shared Hewlett-Packard Co COMMON 428236103 397 20272 Shared/Defined N/A Shared Hilton Hotels Corp VOTING COMMON 432848109 286 13228 Shared/Defined N/A Shared Home Depot Inc COMMON 437076102 2178 51646 Shared/Defined N/A Shared

Page 3 of 8 Honda Motor Co Ltd COMMON 438128308 55 2120 Shared/Defined N/A Shared Honeywell International Inc COMMON 438516106 49 1399 Shared/Defined N/A Shared Hospira Inc COMMON 441060100 4 120 Shared/Defined N/A Shared Huaneng Power International In SP ADR(40 ORD) 443304100 12 400 Shared/Defined N/A Shared Hubbell Inc COMMON 443510201 469 9000 Shared/Defined N/A Shared Hudson United Bancorp COMMON 444165104 237 6169 Shared/Defined N/A Shared Hummingbird Ltd COMMON 44544R101 19 725 Shared/Defined N/A Shared Hydrogenics Corp COMMON 448882100 71 15000 Shared/Defined N/A Shared IAC/InterActiveCorp COMMON 44919P102 260 9595 Shared/Defined N/A Shared ICT Group Inc COMMON 44929Y101 5 500 Shared/Defined N/A Shared Ihop Corp COMMON 449623107 18 474 Shared/Defined N/A Shared IMS Health Inc COMMON 449934108 122 5280 Shared/Defined N/A Shared ITT Industries Inc COMMON 450911102 38 450 Shared/Defined N/A Shared Illinois Tool Works Inc COMMON 452308109 9 100 Shared/Defined N/A Shared Imax Corp COMMON 45245E109 5 600 Shared/Defined N/A Shared Imperial Oil Ltd COMMON 453038408 12672 214350 Shared/Defined N/A Shared INCO LTD COMMON 453258139 1 45 Shared/Defined N/A Shared Inco Ltd COMMON 453258402 7502 205783 Shared/Defined N/A Shared Infosys Technologies Ltd ADR (1ORD) 456788108 175 2570 Shared/Defined N/A Shared ING Groep NV ADR (1ORD) 456837103 147 4865 Shared/Defined N/A Shared Intel Corp COMMON 458140100 1120 48773 Shared/Defined N/A Shared IBM COMMON 459200101 3801 39468 Shared/Defined N/A Shared International Flavors & Fragra COMMON 459506101 192 4500 Shared/Defined N/A Shared International Game Technology NON 459902102 1569 46712 Shared/Defined N/A Shared International Paper Co COMMON 460146103 67 1636 Shared/Defined N/A Shared Interpublic Group of Cos Inc COMMON 460690100 127 10040 Shared/Defined N/A Shared Intrawest Corp COMMON 460915200 18 800 Shared/Defined N/A Shared Intertape Polymer Group Inc COMMON 460919103 14 1500 Shared/Defined N/A Shared Intuit Inc SP 461202103 30 685 Shared/Defined N/A Shared IPSCO Inc ADR 462622101 7876 165745 Shared/Defined N/A Shared iShares MSCI Australia Index F AUSTRALIA 464286103 10 565 Shared/Defined N/A Shared iShares MSCI EMU Index Fund EMUINDEX 464286608 2754 38250 Shared/Defined N/A Shared iShares MSCI Pacific ex-Japan PACEXJPINDX 464286665 63 700 Shared/Defined N/A Shared iShares MSCI Singapore Index F SINGAPORE 464286673 33 4583 Shared/Defined N/A Shared iShares MSCI United Kingdom In UTDKINGD 464286699 42 2325 Shared/Defined N/A Shared iShares MSCI France Index Fund FRANCE 464286707 15 650 Shared/Defined N/A Shared iShares MSCI Taiwan Index Fund TAIWAN 464286731 12 1000 Shared/Defined N/A Shared iShares MSCI Germany Index Fund GERMAN 464286806 54 2910 Shared/Defined N/A Shared iShares MSCI Mexico Index Fund MEXICO 464286822 25 1000 Shared/Defined N/A Shared iShares MSCI Japan Index Fund JAPAN 464286848 254 23603 Shared/Defined N/A Shared iShares MSCI Hong Kong Index F HONGKONG 464286871 79 6556 Shared/Defined N/A Shared iShares Dow Jones Select Divid SELDIVINX 464287168 860 14225 Shared/Defined N/A Shared iShares FTSE/Xinhua China 25 I XNHUAIDX 464287184 926 16850 Shared/Defined N/A Shared iShares S&P 500 Index Fund/US 500INDEX 464287200 2016 16684 Shared/Defined N/A Shared iShares MSCI Emerging Markets EMERGMKT 464287234 136 678 Shared/Defined N/A Shared iShares GS $ InvesTop Corporat CORPBDFD 464287242 453 4065 Shared/Defined N/A Shared iShares S&P 500/BARRA Value In VAL 464287408 2185 34800 Shared/Defined N/A Shared iShares Lehman 7-10 Year Treas YRTRSBD 464287440 296 3500 Shared/Defined N/A Shared iShares Lehman 1-3 Year Treasu YRTRSBD 464287457 163 2010 Shared/Defined N/A Shared iShares MSCI EAFE Index Fund EAFEIDX 464287465 6525 41486 Shared/Defined N/A Shared iShares Russell Midcap Value I MCPVL 464287473 360 3275 Shared/Defined N/A Shared iShares Russell Midcap Growth MCPGR 464287481 265 3150 Shared/Defined N/A Shared iShares Russell Midcap Index F MIDCAP 464287499 464 5900 Shared/Defined N/A Shared iShares S&P MidCap 400 Index F MIDCAP400 464287507 167 1268 Shared/Defined N/A Shared iShares Nasdaq Biotechnology I BIOINDX 464287556 8 100 Shared/Defined N/A Shared iShares S&P Global 100 Index F GLB100INDX 464287572 872 14225 Shared/Defined N/A Shared iShares Russell 1000 Value Ind 1000 VALUE 464287598 166 2600 Shared/Defined N/A Shared iShares Russell 1000 Index Fund 1000 INDEX 464287622 1035 16002 Shared/Defined N/A Shared iShares Russell 2000 Value Ind 2000 VALUE 464287630 890 4630 Shared/Defined N/A Shared iShares Russell 2000 Index Fund 2000 INDEX 464287655 1142 9419 Shared/Defined N/A Shared iShares S&P MidCap 400/BARRA V MIDCP VALU 464287705 23 175 Shared/Defined N/A Shared iShares Dow Jones US Technolog US TECH 464287721 169 3500 Shared/Defined N/A Shared iShares Dow Jones US Healthcar US HEATHCR 464287762 12 200 Shared/Defined N/A Shared iShares Dow Jones US Financial US FINL 464287788 63 650 Shared/Defined N/A Shared iShares S&P Europe 350 Index F EURO 350 464287861 5371 73662 Shared/Defined N/A Shared iShares S&P SmallCap 600/BARRA SMLCP VALU 464287879 67 550 Shared/Defined N/A Shared JPMorgan Chase & Co COMMON 46625H100 2263 59562 Shared/Defined N/A Shared Jabil Circuit Inc COMMON 466313103 1660 66371 Shared/Defined N/A Shared Japan Equity Fund Inc COMMON 471057109 13 2000 Shared/Defined N/A Shared Johnson & Johnson COMMON 478160104 9333 149076 Shared/Defined N/A Shared Kelly Services Inc CLASS A 488152208 21 700 Shared/Defined N/A Shared Key Energy Services Inc COMMON 492914106 12 1000 Shared/Defined N/A Shared Keycorp COMMON 493267108 101 3000 Shared/Defined N/A Shared Kimberly-Clark Corp COMMON 494368103 512 7810 Shared/Defined N/A Shared Kinder Morgan Management LLC COMMON 49455U100 155 3906 Shared/Defined N/A Shared

Page 4 of 8 Kinross Gold Corp COMMON 496902404 5 700 Shared/Defined N/A Shared Knight Trading Group Inc COMMON 499063105 2 200 Shared/Defined N/A Shared Kohl's Corp COMMON 500255104 1804 37456 Shared/Defined N/A Shared Royal Philips ADR(1ORD) 500472303 106 4004 Shared/Defined N/A Shared Korea Fund Inc/The COMMON 500634100 17 700 Shared/Defined N/A Shared Kraft Foods Inc CLASS A 50075N104 306 8915 Shared/Defined N/A Shared Kyocera Corp (2 ORD) 501556203 31 400 Shared/Defined N/A Shared L-3 Communications Holdings In COMMON 502424104 15 200 Shared/Defined N/A Shared Laboratory Corp Of America Hol COMMON 50540R409 30 600 Shared/Defined N/A Shared Liberty Media Corp COMMON SER A 530718105 1 80 Shared/Defined N/A Shared Liberty Media International In COMMON SER A 530719103 0 4 Shared/Defined N/A Shared Eli Lilly & Co COMMON 532457108 1003 17776 Shared/Defined N/A Shared Ltd Brands COMMON 532716107 547 25750 Shared/Defined N/A Shared Lincoln National Corp COMMON 534187109 223 4800 Shared/Defined N/A Shared Lockheed Martin Corp COMMON 539830109 15 275 Shared/Defined N/A Shared Loews Corp COMMON 540424108 285 4225 Shared/Defined N/A Shared Lorus Therapeutics Inc COMMON 544191109 36 60500 Shared/Defined N/A Shared Louisiana-Pacific Corp COMMON 546347105 24 908 Shared/Defined N/A Shared Lowe's Cos Inc COMMON 548661107 450 7910 Shared/Defined N/A Shared Lucent Technologies Inc COMMON 549463107 4 1018 Shared/Defined N/A Shared MBIA Inc COMMON 55262C100 76 1200 Shared/Defined N/A Shared MBNA Corp COMMON 55262L100 2705 98095 Shared/Defined N/A Shared MDS Inc COMMON 55269P302 1064 75858 Shared/Defined N/A Shared MGM Mirage COMMON 552953101 167 2397 Shared/Defined N/A Shared MI Developments Inc CLASS A SUB VTG 55304X104 1 25 Shared/Defined N/A Shared Mad Catz Interactive Inc COMMON 556162105 348 418400 Shared/Defined N/A Shared Magna International Inc CLASS A SUB VTG 559222401 15958 195556 Shared/Defined N/A Shared Manpower Inc COMMON 56418H100 178 3718 Shared/Defined N/A Shared Manulife Financial Corp COMMON 56501R106 16088 350388 Shared/Defined N/A Shared Marathon Oil Corp COMMON 565849106 38 1025 Shared/Defined N/A Shared Marsh & McLennan Cos Inc COMMON 571748102 88 2708 Shared/Defined N/A Shared Masco Corp COMMON 574599106 146 4000 Shared/Defined N/A Shared Masonite International Corp COMMON 575384102 1126 32830 Shared/Defined N/A Shared Mattel Inc COMMON 577081102 144 7505 Shared/Defined N/A Shared Maytag Corp COMMON 578592107 13 600 Shared/Defined N/A Shared McDonald's Corp COMMON 580135101 2237 70614 Shared/Defined N/A Shared McGraw-Hill Cos Inc/The COMMON 580645109 1374 15245 Shared/Defined N/A Shared Medco Health Solutions Inc COMMON 58405U102 231 5581 Shared/Defined N/A Shared Medtronic Inc COMMON 585055106 4434 91011 Shared/Defined N/A Shared Mellon Financial Corp COMMON 58551A108 310 10296 Shared/Defined N/A Shared Merck & Co Inc COMMON 589331107 1072 33485 Shared/Defined N/A Shared Merrill Lynch & Co Inc COMMON 590188108 1454 24826 Shared/Defined N/A Shared Methanex Corp COMMON 59151K108 16 900 Shared/Defined N/A Shared Metlife Inc COMMON 59156R108 40 1000 Shared/Defined N/A Shared Microsoft Corp COMMON 594918104 4024 153329 Shared/Defined N/A Shared Midcap SPDR Trust Series 1 SER 595635103 3807 32163 Shared/Defined N/A Shared MIPS Technologies Inc COMMON 604567107 15 1500 Shared/Defined N/A Shared Monsanto Co COMMON 61166W101 181 3285 Shared/Defined N/A Shared Monster Worldwide Inc COMMON 611742107 13 400 Shared/Defined N/A Shared Moody's Corp COMMON 615369105 162 1875 Shared/Defined N/A Shared Morgan Stanley COMMON 617446448 4 75 Shared/Defined N/A Shared Motorola Inc COMMON 620076109 99 5795 Shared/Defined N/A Shared NCR Corp COMMON 62886E108 2 31 Shared/Defined N/A Shared Nanogen Inc COMMON 630075109 4 492 Shared/Defined N/A Shared Nasdaq-100 Index Tracking Stoc COMMON 631100104 221 5560 Shared/Defined N/A Shared National Instruments Corp COMMON 636518102 185 6884 Shared/Defined N/A Shared National-Oilwell Inc COMMON 637071101 11 300 Shared/Defined N/A Shared NATL WESTMINSTER SP ADR (1PFD B) 638539700 32 1500 Shared/Defined N/A Shared NATL WESTMINSTER BK PLC AP ADR 638539882 208 8000 Shared/Defined N/A Shared Neenah Paper Inc COMMON 640079109 7 223 Shared/Defined N/A Shared New York Community Bancorp Inc COMMON 649445103 2 88 Shared/Defined N/A Shared New York Times Co CLASS A 650111107 23 588 Shared/Defined N/A Shared Newmont Mining Corp COMMON 651639106 906 20480 Shared/Defined N/A Shared Newpark Resources PAR 651718504 0 4 Shared/Defined N/A Shared News Corp CLASS A 65248E104 2 92 Shared/Defined N/A Shared News Corp CLASS B 65248E203 5 240 Shared/Defined N/A Shared Nexen Inc COMMON 65334H102 4460 110447 Shared/Defined N/A Shared NTT Corp SP ADR (0.005 ORD) 654624105 9 400 Shared/Defined N/A Shared Nissan Motor Co Ltd ADR (2 ORD) 654744408 31 1447 Shared/Defined N/A Shared Nokia OYJ ADR(1ORDA) 654902204 91 5874 Shared/Defined N/A Shared Noranda Inc COMMON 655422103 4775 272909 Shared/Defined N/A Shared Nordstrom Inc COMMON 655664100 279 6000 Shared/Defined N/A Shared Nortel Networks Corp COMMON 656568102 1190 348392 Shared/Defined N/A Shared North Fork Bancorporation Inc COMMON 659424105 3 93 Shared/Defined N/A Shared Northern Trust Corp COMMON 665859104 42 885 Shared/Defined N/A Shared

Page 5 of 8 Nova Chemicals Corp COMMON 66977W109 6369 135463 Shared/Defined N/A Shared Novagold Resources Inc COMMON 66987E206 1 69 Shared/Defined N/A Shared Novartis AG (1ORD SHS) 66987V109 19 375 Shared/Defined N/A Shared Novo-Nordisk A/S COMMON 670100205 22 400 Shared/Defined N/A Shared Nvidia Corp COMMON 67066G104 12 500 Shared/Defined N/A Shared Omnicom Group COMMON 681919106 476 5710 Shared/Defined N/A Shared Oncolytics Biotech Inc COMMON 682310107 5 1000 Shared/Defined N/A Shared Open Text Corp COMMON 683715106 27 1330 Shared/Defined N/A Shared Optimal Group Inc CLASS A 68388R208 0 135 Shared/Defined N/A Shared Oracle Corp COMMON 68389X105 51 3775 Shared/Defined N/A Shared POSCO ADR 693483109 502 11555 Shared/Defined N/A Shared Paccar Inc COMMON 693718108 722 9000 Shared/Defined N/A Shared PalmOne Inc COMMON 69713P107 1 20 Shared/Defined N/A Shared PalmSource Inc COMMON 697154102 0 6 Shared/Defined N/A Shared PAN American Silver Corp COMMON 697900108 645 40384 Shared/Defined N/A Shared Paychex Inc COMMON 704326107 2073 62748 Shared/Defined N/A Shared Pearson Plc ADR (1ORD) 705015105 36 3000 Shared/Defined N/A Shared Pengrowth Energy Trust CLASS A TRUST UNITS 706902301 12 600 Shared/Defined N/A Shared PepsiAmericas Inc COMMON 71343P200 27 1269 Shared/Defined N/A Shared PepsiCo Inc COMMON 713448108 5191 101627 Shared/Defined N/A Shared Petro-Canada COMMON 71644E102 18638 366911 Shared/Defined N/A Shared Pfizer Inc COMMON 717081103 2749 104059 Shared/Defined N/A Shared Pharmaceutical HOLDRs Trust DEPOSITRY RCPT 71712A206 22 300 Shared/Defined N/A Shared Phelps Dodge Corp COMMON 717265102 99 1000 Shared/Defined N/A Shared Pitney Bowes Inc COMMON 724479100 83 1800 Shared/Defined N/A Shared Placer Dome Inc COMMON 725906101 1922 102505 Shared/Defined N/A Shared Playboy Enterprises Inc CLASS B 728117300 1 124 Shared/Defined N/A Shared Plum Creek Timber Co Inc (REIT COMMON 729251108 118 3070 Shared/Defined N/A Shared Potash Corp of Saskatchewan COMMON 73755L107 18275 220715 Shared/Defined N/A Shared Precision Drilling Corp COMMON 74022D100 6134 98181 Shared/Defined N/A Shared Procter & Gamble Co COMMON 742718109 1975 36015 Shared/Defined N/A Shared Provident Energy Trust TRUST UNIT 74386K104 2 201 Shared/Defined N/A Shared QLT Inc COMMON 746927102 4144 260801 Shared/Defined N/A Shared Qualcomm Inc COMMON 747525103 30 700 Shared/Defined N/A Shared Quebecor World Inc SUB VTS 748203106 510 23835 Shared/Defined N/A Shared RadioShack Corp COMMON 750438103 128 3995 Shared/Defined N/A Shared Raytheon Co COMMON 755111507 119 3075 Shared/Defined N/A Shared Reebok International Ltd COMMON 758110100 9 200 Shared/Defined N/A Shared Regis Corp COMMON 758932107 14 300 Shared/Defined N/A Shared Research In Motion Ltd COMMON 760975102 6513 79700 Shared/Defined N/A Shared Rhodia SA ADR 762397107 5 2000 Shared/Defined N/A Shared Rinker Group Ltd ADR (10 ORD) 76687M101 4 50 Shared/Defined N/A Shared Rio Tinto PLC (4ORDS) 767204100 635 5350 Shared/Defined N/A Shared Robert Half International Inc COMMON 770323103 260 8985 Shared/Defined N/A Shared Rogers Communications Inc CLASS B NON VTG 775109200 25 990 Shared/Defined N/A Shared Rogers Wireless Communications CLASS B RESTR VTG 775315104 492 10860 Shared/Defined N/A Shared Royal Group Technologies Ltd SUB VTS 779915107 10 1000 Shared/Defined N/A Shared Royal Bank of Canada COMMON 780087102 34770 651318 Shared/Defined N/A Shared ROYAL BK OF SCOT GRP PLC SP ADR 780097804 109 4000 Shared/Defined N/A Shared ROYAL BK OF SCOT GRP PLC SP ADR 780097887 21 825 Shared/Defined N/A Shared Royal Dutch Petroleum Co NY REG EUR 0.56 780257804 2309 42090 Shared/Defined N/A Shared Ryanair Holdings plc ADR (5ORD) 783513104 250 6175 Shared/Defined N/A Shared SBC Communications Inc COMMON 78387G103 226 8884 Shared/Defined N/A Shared SLM Corp COMMON 78442P106 3480 66197 Shared/Defined N/A Shared SPDR Trust Series 1 UNIT SER 1 78462F103 11400 96762 Shared/Defined N/A Shared Safeguard Scientifics Inc COMMON 786449108 3 1350 Shared/Defined N/A Shared St Paul Travelers Cos Inc/The COMMON 792860108 400 11205 Shared/Defined N/A Shared Sara Lee Corp COMMON 803111103 24 1000 Shared/Defined N/A Shared Henry Schein Inc COMMON 806407102 14 200 Shared/Defined N/A Shared Schering-Plough Corp COMMON 806605101 1829 88232 Shared/Defined N/A Shared Schlumberger Ltd COMMON 806857108 605 9136 Shared/Defined N/A Shared Scholastic Corp COMMON 807066105 213 6059 Shared/Defined N/A Shared Scottish Power Plc SP ADR(4 ORD) 81013T705 37 1200 Shared/Defined N/A Shared Sealed Air Corp COMMON 81211K100 184 3487 Shared/Defined N/A Shared Materials Select Sector SPDR F COMMON 81369Y100 59 2000 Shared/Defined N/A Shared Health Care Select Sector SPDR COMMON 81369Y209 135 5170 Shared/Defined N/A Shared Consumer Staples Select Sector COMMON 81369Y308 299 14900 Shared/Defined N/A Shared Financial Select Sector SPDR F INT-FINL 81369Y605 220 8130 Shared/Defined N/A Shared Industrial Select Sector SPDR INT-INDS 81369Y704 19 750 Shared/Defined N/A Shared Technology Select Sector SPDR INT-TECH 81369Y803 75 3550 Shared/Defined N/A Shared Utilities Select Sector SPDR F INT-UTILS 81369Y886 18 660 Shared/Defined N/A Shared Semiconductor Manufacturing In ADS (50 ORD SHS) 81663N206 5 500 Shared/Defined N/A Shared Service Corp International/US COMMON 817565104 37 5000 Shared/Defined N/A Shared Shaw Communications Inc CLASS B 82028K200 1045 57366 Shared/Defined N/A Shared Shell Transport & Trading Co P (6 ORD) 822703609 102 2000 Shared/Defined N/A Shared

Page 6 of 8 Siemens AG ADR 826197501 101 1200 Shared/Defined N/A Shared Sierra Wireless COMMON 826516106 12 700 Shared/Defined N/A Shared Silicon Graphics Inc COMMON 827056102 7 4000 Shared/Defined N/A Shared JM Smucker Co/The COMMON 832696405 1 16 Shared/Defined N/A Shared Solectron Corp COMMON 834182107 6 1053 Shared/Defined N/A Shared Sony Corp (1ORD) 835699307 2 40 Shared/Defined N/A Shared Southern Co/The COMMON 842587107 137 4100 Shared/Defined N/A Shared Southwest Airlines Co COMMON 844741108 168 10430 Shared/Defined N/A Shared Staples Inc COMMON 855030102 2483 75152 Shared/Defined N/A Shared Starbucks Corp COMMON 855244109 2542 41435 Shared/Defined N/A Shared Starwood Hotels & Resorts Worl PAIRED SHS 85590A203 26 446 Shared/Defined N/A Shared Stewart Enterprises Inc CLASS A 860370105 7 1000 Shared/Defined N/A Shared STMicroelectronics NV ADR (1ORD) 861012102 6 300 Shared/Defined N/A Shared Stryker Corp COMMON 863667101 2958 62338 Shared/Defined N/A Shared Sun Life Financial Inc COMMON 866796105 10996 329712 Shared/Defined N/A Shared Sun Microsystems Inc COMMON 866810104 4 800 Shared/Defined N/A Shared Suncor Energy Inc COMMON 867229106 14036 399197 Shared/Defined N/A Shared SurModics Inc COMMON 868873100 16 500 Shared/Defined N/A Shared Sybase Inc COMMON 871130100 15 750 Shared/Defined N/A Shared Symantec Corp COMMON 871503108 3061 121071 Shared/Defined N/A Shared Sysco Corp COMMON 871829107 3391 90438 Shared/Defined N/A Shared TJX Cos Inc COMMON 872540109 3 130 Shared/Defined N/A Shared TSMC SP ADR(5 ORD) 874039100 8 1000 Shared/Defined N/A Shared Talisman Energy Inc COMMON 87425E103 17827 663623 Shared/Defined N/A Shared Target Corp COMMON 87612E106 94 1895 Shared/Defined N/A Shared Telecom Italia SpA ADR 87927Y102 20 495 Shared/Defined N/A Shared Teleflex Inc COMMON 879369106 10 200 Shared/Defined N/A Shared TELUS Corp VTG 87971M202 11598 401864 Shared/Defined N/A Shared Telesystem International Wirel COMMON 879946606 0 30 Shared/Defined N/A Shared Templeton Emerging Markets Fund COMMON 880191101 13 800 Shared/Defined N/A Shared Templeton Russia and Eastern E COMMON 88022F105 3 65 Shared/Defined N/A Shared Tenet Healthcare Corp COMMON 88033G100 88 8035 Shared/Defined N/A Shared Teva Pharmaceutical Industries ADR (1ORD) 881624209 70 2365 Shared/Defined N/A Shared Texas Instruments Inc COMMON 882508104 24 1020 Shared/Defined N/A Shared Theragenics Corp COMMON 883375107 4 1000 Shared/Defined N/A Shared Thomas & Betts Corp COMMON 884315102 2 50 Shared/Defined N/A Shared Thomson Corp/The COMMON 884903105 11575 329631 Shared/Defined N/A Shared 3M Co COMMON 88579Y101 2110 25860 Shared/Defined N/A Shared Time Warner Inc COMMON 887317105 724 38144 Shared/Defined N/A Shared Timken Co COMMON 887389104 16 600 Shared/Defined N/A Shared Toronto-Dominion Bank COMMON 891160509 52764 1273068 Shared/Defined N/A Shared Total SA ADR (0.5 ORD) 89151E109 28 260 Shared/Defined N/A Shared Toyota Motor Corp (2 ORD) 892331307 3 35 Shared/Defined N/A Shared TransAlta Corp COMMON 89346D107 4467 297865 Shared/Defined N/A Shared TransCanada Corp COMMON 89353D107 29541 1195019 Shared/Defined N/A Shared Trex Co Inc COMMON 89531P105 16 300 Shared/Defined N/A Shared Tupperware Corp COMMON 899896104 106 5298 Shared/Defined N/A Shared Tyco International Ltd COMMON 902124106 85 2462 Shared/Defined N/A Shared US Bancorp COMMON 902973304 657 21056 Shared/Defined N/A Shared Unilever PLC (4ORDS) 904767704 166 4225 Shared/Defined N/A Shared Unilever NV SHARES(1ORD) 904784709 256 3936 Shared/Defined N/A Shared Union Pacific Corp COMMON 907818108 209 3150 Shared/Defined N/A Shared UPS CLASSS B 911312106 2367 28430 Shared/Defined N/A Shared United Technologies Corp COMMON 913017109 3236 32798 Shared/Defined N/A Shared Unocal Corp COMMON 915289102 378 8885 Shared/Defined N/A Shared Vanguard Total Stock Market VI VIPERS 922908769 2024 17150 Shared/Defined N/A Shared Verizon Communications Inc COMMON 92343V104 961 24459 Shared/Defined N/A Shared Viacom Inc CLASS A 925524100 163 4455 Shared/Defined N/A Shared Viacom Inc CLASS B 925524308 846 24278 Shared/Defined N/A Shared Visteon Corp COMMON 92839U107 1 85 Shared/Defined N/A Shared Vivendi Universal SA ADR (1ORD) 92851S204 8 240 Shared/Defined N/A Shared Vodafone Group PLC ADR(10ORDS) 92857W100 371 13750 Shared/Defined N/A Shared Wachovia Corp NEW COMMON 929903102 1027 19600 Shared/Defined N/A Shared Wal-Mart Stores Inc COMMON 931142103 1684 32009 Shared/Defined N/A Shared Walgreen Co COMMON 931422109 3478 92179 Shared/Defined N/A Shared Washington Mutual Inc COMMON 939322103 95 2291 Shared/Defined N/A Shared WellPoint Inc COMMON 94973V107 259 2295 Shared/Defined N/A Shared Wells Fargo & Co COMMON 949746101 1192 19438 Shared/Defined N/A Shared Westaim Corp COMMON 956909105 15 6000 Shared/Defined N/A Shared Western Digital Corp COMMON 958102105 16 1500 Shared/Defined N/A Shared Weyerhaeuser Co COMMON 962166104 201 3000 Shared/Defined N/A Shared Wheaton River Minerals Ltd COMMON 962902102 66 20500 Shared/Defined N/A Shared Whole Foods Market Inc COMMON 966837106 2604 27789 Shared/Defined N/A Shared Wilmington Trust Corp COMMON 971807102 120 4000 Shared/Defined N/A Shared World Heart Corp COMMON 980905202 4 1428 Shared/Defined N/A Shared

Page 7 of 8 Worthington Industries COMMON 981811102 8 400 Shared/Defined N/A Shared Wyeth COMMON 983024100 1257 29620 Shared/Defined N/A Shared Xilinx Inc COMMON 983919101 18 625 Shared/Defined N/A Shared Xerox Corp COMMON 984121103 15 900 Shared/Defined N/A Shared Trinsic Inc COMMON 988792206 0 280 Shared/Defined N/A Shared Zarlink Semiconductor Inc COMMON 989139100 14 5425 Shared/Defined N/A Shared Zimmer Holdings Inc COMMON 98956P102 2001 25513 Shared/Defined N/A Shared 977772

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