UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 13F
                               FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: March 31, 2006

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:      The Toronto-Dominion Bank
Address:   Toronto Dominion Bank Tower
           Toronto-Dominion Centre
           P.O. Box 1
           Toronto, Ontario M5K 1A2, Canada

Form 13F File Number: 28-11527

This 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: Christopher A. Montague, Esq.
Title: Executive Vice President & General Counsel
Phone:

Signature, Place, and Date of Signing:

/S/ Christopher Montague             Toronto, Ontario            May 9, 2006
       [Signature]                     [City, State]                [Date]

Report Type (Check only one):

[ ] 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).)

[X] 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:

Form 13F File Number                Name
28-04365                            TD Banknorth Investment Management Group
28-05929                            TD Asset Management USA Inc.
28-05987                            TD Asset Management Inc.
28-11451                            TD Securities (USA) LLC
28-11511                            TD Options, LLC
28-11510                            Toronto Dominion (New York), LLC



                              FORM 13F SUMMARY PAGE

      Report summary:

      Number of Other Included Managers: 2

      Form 13F Information Table Entry Total: 1728

      Form 13F Information Table Value Total: $22,032,916,000

LIST OF OTHER INCLUDED MANAGERS:

      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.

      No.   Form 13F File Number   Name

      1     28-11512               TD Securities, Inc.
      2     28-11579               TD Global Finance



Form 13F-HR

                         Name of reporting Manager   The Toronto - Dominion Bank



                                                                                      Item 6:
                                                                               Investment Discretion
                                                                                     (b)
                                                                                    Shared-                           Item 8:
                                                                Item 5:               As             Item 7:    Voting Authority
                                         Item 3:    Item 4:    Shares of            Defined   (c)    Managers        (Shares)
    Item 1:                 Item 2:       CUSIP   Fair Market  Principal        (a)    in    Shared-    See        (a)     (b)   (c)
Name of Issuer          Title of Class   Number      Value       Amount        Sole Instr.V  other   Instr. V     Sole   Shared None
                                                                                               
24/7 Real Media Inc     com             901314203         118      11,304 SH   SOLE                               11,304
3Com Corp               Equity          885535104           3         600 SH        SH-DEF                  1        600
3M COMPANY              CMN             88579Y101      15,567      204412 SH   SOLE                              204,412
3M Company              CMN             88579Y101       4,920      65,000 SH   SOLE                               65,000
8X8 INC                 CMN             282914100         176      100000 SH   SOLE                              100,000
AAR Corp                cvb             000361105       2,177      76,453 PRN  SOLE                               76,453
ABB LTD SPONSORED ADR   CMN             000375204          87        6900 SH   SOLE                                6,900
Abbott Laboratories     optC            002824100       3,185      75,000 CALL SOLE                               75,000
Abbott Laboratories     optP            002824100       3,185      75,000 PUT  SOLE                               75,000
ABBOTT LABORATORIES     OPT             002824100       3,185       75000 CALL SOLE                               75,000
ABBOTT LABORATORIES     OPT             002824100       3,185       75000 PUT  SOLE                               75,000
ABBOTT LABORATORIES INC CMN             002824100       2,190       51246 SH   SOLE                               51,246
ABER DIAMOND CORP       EQUIT           002893105      40,624     1009850 SH   SOLE                            1,009,850
ABER DIAMOND CORP       CMN             002893105       9,167      226200 SH   SOLE                              226,200
Aber Diamond Corp       Equity            2893105          56       1,400 SH        SH-DEF                  1      1,400
ABITIBI-CONSOLIDATED
INC                     EQUIT           003924107      13,883     3358934 SH   SOLE                            3,358,934
ABITIBI-CONSOLIDATED
INC                     CMN             003924107         678      162733 SH   SOLE                              162,733
ABITIBI-CONSOLIDATED
INC                     EQUIT             3924107      18,882     4568443 SH        SH-DEF                  1  4,568,443
Abitibi-Consolidated
Inc                     Equity            3924107          73      17,600 SH        SH-DEF                  1     17,600
ABN AMRO HOLDING NV
SPONS ADR               CMN             000937102           8         275 SH   SOLE                                  275
ADESA INC               CMN             00686U104          15         550 SH   SOLE                                  550
ADMINISTAFF INC         CMN             007094105          41         750 SH   SOLE                                  750
Advancis
Pharmaceutical Corp     com             00764L109           0          50 SH   SOLE                                   50
Advantage Energy Incm
T/U                     Equity          00762L101          25       1,300 SH        SH-DEF                  1      1,300
ADVANTAGE ENERGY
INCOME FUND             EQUIT           00762L101          50        2600 SH   SOLE                                2,600
ADVANTAGE ENERGY
INCOME FUND T/U         CMN             00762L101         257       13400 SH   SOLE                               13,400
Aegon N.V. Ord Amer Reg Equity            7924103           1          34 SH        SH-DEF                  1         34
AEGON NV ARS            CMN             007924103         632       34104 SH   SOLE                               34,104
AETNA INC               CMN             00817Y108          20         400 SH   SOLE                                  400
AFFILIATED COMPUTER
SERVICES                CMN             008190100         174        2900 SH   SOLE                                2,900
Affiliated Managers
Group                   cvb             008252108          36         333 PRN  SOLE                                  333
AFLAC INC               CMN             001055102          54        1200 SH   SOLE                                1,200
AGERE SYSTEMS INC       CMN             00845V308           0           4 SH   SOLE                                    4
AGILENT TECHNOLOGIES
INC                     CMN             00846U101          16         428 SH   SOLE                                  428
AGILENT TECHNOLOGIES
INC                     OPT             00846U101       7,401      197100 CALL      SH-DEF                  1    197,100
AGNICO-EAGLE MINES      EQUIT           008474108         131        4300 SH   SOLE                                4,300
AGNICO-EAGLE MINES LTD  CMN             008474108         638   20825.143 SH   SOLE                               20,825
AGRIUM INC              EQUIT           008916108      35,170     1395119 SH   SOLE                            1,395,119
AGRIUM INC              CMN             008916108         401       15797 SH   SOLE                               15,797
Airnet Communications
Corp                    com             00941P403          40      42,503 SH   SOLE                               42,503
Alaska Communications
Systems Group Inc       com             01167P101       1,820     150,000 SH        SH-DEF                  2    150,000
Albany Molecular
Research Inc            com             012423109           0           2 SH   SOLE                                    2
ALBERTO-CULVER CO       CMN             013068101         171        3850 SH   SOLE                                3,850
ALBERTSONS INC          CMN             013104104         144        5560 SH   SOLE                                5,560
ALCAN INC               EQUIT           013716105     122,697     2683582 SH   SOLE                            2,683,582
ALCAN INC               CMN             013716105      12,864 279295.9594 SH   SOLE                              279,296
ALCAN INC               OPT              13716105       4,648      101600 CALL      SH-DEF                  1    101,600
ALCAN INC               EQUIT            13716105      39,072      854566 SH        SH-DEF                  1    854,566
Alcan Inc               Equity           13716105          46       1,000 SH        SH-DEF                  1      1,000
Alcan Inc.              CMN             013716105       3,435      75,000 SH   SOLE                               75,000
Alcan Inc.              CMN             013716105         686      15,000 SH   SOLE                               15,000
ALCATEL ADR             CMN             013904305           5         350 SH   SOLE                                  350
ALCOA INC               CMN             013817101         219        7130 SH   SOLE                                7,130
ALDERWOODS GROUP INC    CMN             014383103       1,045       58000 SH   SOLE                               58,000
ALLETE INC              CMN             018522300           9         183 SH   SOLE                                  183
ALLIANCE WORLD DOLLAR
GOVT FUND II            CMN             01879R106          21        1630 SH   SOLE                                1,630
ALLIED IRISH BANKS PLC
ADR                     CMN             019228402         167        3505 SH   SOLE                                3,505
ALLSTATE CORPORATION    CMN             020002101         258        4925 SH   SOLE                                4,925
ALLTEL CORP             CMN             020039103          65         998 SH   SOLE                                  998
Altair
Nanotechnologies Inc    com             021373105          18       5,041 SH   SOLE                                5,041
Altana AG               adr             02143N103         111       3,700 SH        SH-DEF                  2      3,700
Altria Group Inc        optC            02209S103       7,228     102,000 CALL SOLE                              102,000
Altria Group Inc        optC            02209S103      10,629     150,000 CALL SOLE                              150,000
Altria Group Inc        optC            02209S103      23,030     325,000 CALL SOLE                              325,000
Altria Group Inc        optP            02209S103      19,132     270,000 PUT  SOLE                              270,000
ALTRIA GROUP INC        OPT             02209S103      19,132      270000 PUT  SOLE                              270,000
ALTRIA GROUP INC        OPT             02209S103      40,886      577000 CALL SOLE                              577,000
ALTRIA GROUP INC        CMN             02209S103       5,900       82761 SH   SOLE                               82,761
Altria Group Inc.       CMN             02209S103       2,622      37,000 SH   SOLE                               37,000
Amazon.Com Inc          com             023135106           1          20 SH   SOLE                                   20
Amazon.Com Inc          com             023135106       5,714     156,430 SH   SOLE                              156,430
Amazon.Com Inc          optC            023135106       5,480     150,000 CALL SOLE                              150,000
Amazon.Com Inc          optP            023135106         365      10,000 PUT  SOLE                               10,000
Amazon.Com Inc          optP            023135106       7,306     200,000 PUT  SOLE                              200,000
Amazon.Com Inc          optP            023135106      10,959     300,000 PUT  SOLE                              300,000
AMAZON.COM INC          OPT             023135106       5,480      150000 CALL SOLE                              150,000
AMAZON.COM INC          EQUIT           023135106       5,711      156430 SH   SOLE                              156,430
AMAZON.COM INC          OPT             023135106      18,265      500000 PUT  SOLE                              500,000
AMBAC FINANCIAL GROUP
INC                     CMN             023139108          18         225 SH   SOLE                                  225
AMERADA HESS CORP       EQUIT           023551104         427        3000 SH   SOLE                                3,000
AMERICA MOVIL S.A. SER
L ADR                   CMN             02364W105         184        5350 SH   SOLE                                5,350
AMERICA MOVIL-ADR
SERIES L                OPT             02364W105         617       18000 CALL      SH-DEF                  1     18,000
AMERICAN ELECTRIC
POWER CO                CMN             025537101          21         600 SH   SOLE                                  600
American Equity
Investment Life
Holding Co              cvb             025676206       8,919     621,981 PRN  SOLE                              621,981
AMERICAN EXPRESS CO     OPT             025816109       5,255      100000 CALL SOLE                              100,000
AMERICAN EXPRESS
COMPANY                 CMN             025816109       8,205      155185 SH   SOLE                              155,185
American Express
Company                 CMN             025816109       2,628      50,000 SH   SOLE                               50,000
AMERICAN INTERNATIONAL
GROUP                   OPT             026874107         397        6000 CALL SOLE                                6,000
AMERICAN INTERNATIONAL
GROUP                   EQUIT           026874107       8,738      132300 SH   SOLE                              132,300
AMERICAN INTERNATIONAL
GROUP                   OPT             026874107      35,358      535000 PUT  SOLE                              535,000
American International
Group Inc               com             026874107      10,469     158,400 SH   SOLE                              158,400
American International
Group Inc               optC            026874107         661      10,000 CALL SOLE                               10,000
American International
Group Inc               optP            026874107         661      10,000 PUT  SOLE                               10,000
American International
Group Inc               optP            026874107       7,270     110,000 PUT  SOLE                              110,000
American International
Group Inc               optP            026874107       9,914     150,000 PUT  SOLE                              150,000
American International
Group Inc               optP            026874107      25,445     385,000 PUT  SOLE                              385,000
AMERICAN INTERNATIONAL
GROUP INC               CMN             026874107       3,542       53265 SH   SOLE                               53,265
American International
Group Inc               com              26874107         251       3,800 SH        SH-DEF                  2      3,800
American International
Group Inc               optC             26874107          33         500 CALL      SH-DEF                  2        500
American International
Group Inc               optC             26874107         264       4,000 CALL      SH-DEF                  2      4,000
American International
Group Inc               optC             26874107         330       5,000 CALL      SH-DEF                  2      5,000
AMERICAN POWER
CONVERSION CORP         CMN             029066107          14         615 SH   SOLE                                  615
AMERICAN STANDARD
COMPANIES               CMN             029712106         602       13960 SH   SOLE                               13,960
American Standard
Companies Inc.          CMN             029712106         429      10,000 SH   SOLE                               10,000
AMERICAN TOWER CORP-CL
A                       OPT             029912201         400       13200 PUT  SOLE                               13,200
AMERIPRISE FINANCIAL
INC                     CMN             03076C106         543       11986 SH   SOLE                               11,986
Amgen Inc               cvb             031162100      10,023     137,775 PRN  SOLE                              137,775
Amgen Inc               cvb             031162100      11,898     163,553 PRN  SOLE                              163,553
Amgen Inc               com             031162100       4,147      56,998 SH   SOLE                               56,998
Amgen Inc               optC            031162100       2,910      40,000 CALL SOLE                               40,000
Amgen Inc               optC            031162100       3,638      50,000 CALL SOLE                               50,000
Amgen Inc               optP            031162100         728      10,000 PUT  SOLE                               10,000
Amgen Inc               optP            031162100       1,819      25,000 PUT  SOLE                               25,000
Amgen Inc               optP            031162100       5,456      75,000 PUT  SOLE                               75,000
AMGEN INC               EQUIT           031162100       4,144       56998 SH   SOLE                               56,998
AMGEN INC               OPT             031162100       6,184       85000 PUT  SOLE                               85,000
AMGEN INC               OPT             031162100       6,548       90000 CALL SOLE                               90,000
AMGEN INC               CMN             031162100         373        5095 SH   SOLE                                5,095
AMVESCAP PLC SPONSORED
ADR                     CMN             03235E100          87        4600 SH   SOLE                                4,600
ANADARKO PETROLEUM CORP CMN             032511107         102        1000 SH   SOLE                                1,000
Angiotech
Pharmaceuticals         Equity           34918102           3         200 SH        SH-DEF                  1        200
ANGIOTECH
PHARMACEUTICALS IN      EQUIT           034918102          38        2600 SH   SOLE                                2,600
ANGIOTECH
PHARMACEUTICALS INC     CMN             034918102         144        9700 SH   SOLE                                9,700
ANGLO AMERICAN PLC UK
ADR                     CMN             03485P102         195        9910 SH   SOLE                                9,910
ANGLOGOLD ASHANTI LTD
SPONS ADR               CMN             035128206          33         600 SH   SOLE                                  600
ANHEUSER-BUSCH
COMPANIES INC           CMN             035229103         850       19745 SH   SOLE                               19,745
Anheuser-Busch
Companies Inc.          CMN             035229103         449      10,500 SH   SOLE                               10,500
Anixter International
Inc                     cvb             035290105       6,479     135,603 PRN  SOLE                              135,603
ANSYS INC               CMN             03662Q105          27         500 SH   SOLE                                  500
Antigenics Inc          com              37032109         616     224,996 SH        SH-DEF                  2    224,996
APACHE CORPORATION      CMN             037411105         545        8263 SH   SOLE                                8,263
Aphton Corp             com             03759P101           0       2,560 SH   SOLE                                2,560
APPLE COMPUTER INC      OPT              37833100         778       12400 PUT       SH-DEF                  1     12,400
APPLIED MATERIALS INC   CMN             038222105          37        2075 SH   SOLE                                2,075
APPLIED MATERIALS INC   OPT              38222105         438       25000 CALL      SH-DEF                  1     25,000
APPLIED MATERIALS INC   OPT              38222105       2,627      150000 PUT       SH-DEF                  1    150,000
ARAMARK CORP CL B       CMN             038521100          38        1270 SH   SOLE                                1,270
Archer-Daniels-Midland
Co                      Equity           39483102          67       2,000 SH        SH-DEF                  1      2,000
ARIES MARITIME
TRANSPORT LTD           CMN             G0474B105         112        8000 SH   SOLE                                8,000
ARROW ELECTRONICS INC   CMN             042735100           6         175 SH   SOLE                                  175
ASIA SATELLITE
TELECOMMS HOLDINGS      CMN             04516X106       1,197       63600 SH   SOLE                               63,600
Aspreva Pharmaceuticals Equity          04538T109           1          47 SH        SH-DEF                  1         47
ASTRAZENECA PLC
SPONSORED ADR           CMN             046353108          30         600 SH   SOLE                                  600
AT&T Inc                optC            00206R102       3,245     120,000 CALL SOLE                              120,000
AT&T Inc                optC            00206R102       6,760     250,000 CALL SOLE                              250,000
AT&T Inc                optC            00206R102      13,520     500,000 CALL SOLE                              500,000
AT&T Inc                optP            00206R102         946      35,000 PUT  SOLE                               35,000
AT&T INC                OPT             00206R102         946       35000 PUT  SOLE                               35,000
AT&T INC                OPT             00206R102      16,765      620000 CALL SOLE                              620,000
AT&T INC                CMN             00206R102       2,187       80400 SH   SOLE                               80,400
ATI TECHNOLOGIES INC    EQUIT           001941103      18,917     1103111 SH   SOLE                            1,103,111
ATI TECHNOLOGIES INC    CMN             001941103         418       24185 SH   SOLE                               24,185
ATI TECHNOLOGIES INC    EQUIT             1941103       2,806      163611 SH        SH-DEF                  1    163,611
Ati Technologies Inc    Equity            1941103          21       1,200 SH        SH-DEF                  1      1,200
Ati Technologies Inc    Equity            1941103         189      11,000 SH        SH-DEF                  1     11,000
Atlas Pacific Ltd       adr             049391105           4      15,280 SH   SOLE                               15,280
AUTOMATIC DATA
PROCESSING INC          CMN             053015103          55        1200 SH   SOLE                                1,200
AVAYA INC               CMN             053499109           0          10 SH   SOLE                                   10
AVERY DENNISON
CORPORATION             CMN             053611109         124        2100 SH   SOLE                                2,100
Avnet Inc               cvb             053807103       4,500     177,312 PRN  SOLE                              177,312
AVON PRODUCTS INC       CMN             054303102         151        4800 SH   SOLE                                4,800
AXA-UAP S.A. SPONSORED
ADR                     CMN             054536107       1,430       40660 SH   SOLE                               40,660
AXCAN PHARMA INC        EQUIT           054923107          16        1200 SH   SOLE                                1,200
AXCAN PHARMA INC        CMN             054923107         204       15275 SH   SOLE                               15,275
Baidu.com               adr              56752108          $-      20,000 SH        SH-DEF                  2     20,000
BAKER HUGHES INC        CMN             057224107         145        2100 SH   SOLE                                2,100
BALLARD POWER SYSTEMS
INC                     EQUIT           05858H104         322       47931 SH   SOLE                               47,931
BALLARD POWER SYSTEMS
INC                     CMN             05858H104         205       30350 SH   SOLE                               30,350
Ballard Power Systems
Inc                     Equity          05858H104         141      21,000 SH        SH-DEF                  1     21,000
Bank of America Corp    optC            060505104      27,779     610,000 CALL SOLE                              610,000
Bank of America Corp    optP            060505104      11,385     250,000 PUT  SOLE                              250,000
BANK OF AMERICA CORP    OPT             060505104      11,385      250000 PUT  SOLE                              250,000
BANK OF AMERICA CORP    OPT             060505104      27,779      610000 CALL SOLE                              610,000
BANK OF AMERICA
CORPORATION             CMN             060505104       2,849    62190.05 SH   SOLE                               62,190
Bank of America
Corporation             CMN             060505104       2,960      65,000 SH   SOLE                               65,000
BANK OF MONTREAL        EQUIT           063671101   1,173,515    20668747 SH   SOLE                           20,668,747
BANK OF MONTREAL        CMN             063671101      71,287 1246306.691 SH   SOLE                            1,246,307
Bank of Montreal        CMN             063671101      25,821     454,000 SH   SOLE                              454,000
Bank of Montreal        CMN             063671101       7,394     130,000 SH   SOLE                              130,000
BANK OF MONTREAL        OPT              63671101       2,636       46400 PUT       SH-DEF                  1     46,400
BANK OF MONTREAL        OPT              63671101      39,202      690100 CALL      SH-DEF                  1    690,100
Bank Of Montreal        Equity           63671101          45         800 SH        SH-DEF                  1        800
BANK OF NEW YORK
COMPANY INC             CMN             064057102         544       15000 SH   SOLE                               15,000
BANK OF NOVA SCOTIA     EQUIT           064149107   1,777,477    44364847 SH   SOLE                           44,364,847
BANK OF NOVA SCOTIA     CMN             064149107     113,754 2818335.834 SH   SOLE                            2,818,336
Bank of Nova Scotia     com              64149107          80       2,000 SH        SH-DEF                  2      2,000
Bank of Nova Scotia     optC             64149107         235       5,870 CALL      SH-DEF                  2      5,870
Bank of Nova Scotia     optC             64149107         375       9,372 CALL      SH-DEF                  2      9,372
Bank of Nova Scotia     optC             64149107         404      10,093 CALL      SH-DEF                  2     10,093
BANK OF NOVA SCOTIA     EQUIT            64149107      11,862      296059 SH        SH-DEF                  1    296,059
Bank Of Nova Scotia     Equity           64149107          48       1,200 SH        SH-DEF                  1      1,200
Bank of Nova Scotia
(The)                   CMN             064149107      25,521     635,900 SH   SOLE                              635,900
Bank of Nova Scotia
(The)                   CMN             064149107       7,425     185,000 SH   SOLE                              185,000
BANRO CORPORATION       CMN             066800103           0          32 SH   SOLE                                   32
BARCLAYS PLC SPONSORED
ADR                     CMN             06738E204         359        7625 SH   SOLE                                7,625
BARD (C.R.) INC         OPT              67383109         780       11500 PUT       SH-DEF                  1     11,500
BARR PHARMACEUTICALS
INC                     CMN             068306109          49         775 SH   SOLE                                  775
BARRICK GOLD CORP       EQUIT           067901108     203,748     7494496 SH   SOLE                            7,494,496
BARRICK GOLD CORP       CMN             067901108       2,541       92778 SH   SOLE                               92,778
BARRICK GOLD CORP       OPT              67901108         545       20000 CALL      SH-DEF                  1     20,000
Barrick Gold Corp       Equity           67901108          27       1,000 SH        SH-DEF                  1      1,000
Barrick Gold Corp       Equity           67901108          95       3,500 SH        SH-DEF                  1      3,500
Barrick Gold Corp       Equity           67901108       2,037      74,900 SH        SH-DEF                  1     74,900
BAXTER INTERNATIONAL
INC                     CMN             071813109         106        2705 SH   SOLE                                2,705
BCE INC                 EQUIT           05534B109     927,743    38541115 SH   SOLE                           38,541,115
BCE INC                 CMN             05534B109      43,199  1781403.31 SH   SOLE                            1,781,403
BCE Inc                 com             05534B109      44,860   1,863,600 SH        SH-DEF                  2  1,863,600
BCE Inc                 com             05534B109         233       9,700 SH        SH-DEF                  2      9,700
BCE Inc                 optC            05534B109         270      11,210 CALL      SH-DEF                  2     11,210
BCE Inc                 optC            05534B109         291      12,073 CALL      SH-DEF                  2     12,073
Bce Inc                 Equity          05534B109          99       4,100 SH        SH-DEF                  1      4,100
BCE Inc.                CMN             05534B109       6,999     290,240 SH   SOLE                              290,240
BCE Inc.                CMN             05534B109       2,652     110,000 SH   SOLE                              110,000
Beacon Power Corp       com             073677106           0         111 SH   SOLE                                  111
BEACON POWER
CORPORATION             CMN             073677106         252      150000 SH   SOLE                              150,000
BECKMAN COULTER INC     CMN             075811109         143        2600 SH   SOLE                                2,600
BellSouth Corp          com             079860102       1,977      57,055 SH   SOLE                               57,055
BellSouth Corp          optP            079860102          35       1,000 PUT  SOLE                                1,000
BellSouth Corp          optP            079860102       8,663     250,000 PUT  SOLE                              250,000
BELLSOUTH CORP          EQUIT           079860102       1,254       36217 SH   SOLE                               36,217
BELLSOUTH CORP          OPT             079860102       8,697      251000 PUT  SOLE                              251,000
BELLSOUTH CORPORATION   CMN             079860102         884       25355 SH   SOLE                               25,355
BEMA GOLD CORP          EQUIT           08135F107          39        8800 SH   SOLE                                8,800
Bema Gold Corp          Equity          08135F107          39       8,800 SH        SH-DEF                  1      8,800
Bema Gold Corp          Equity          08135F107         153      35,000 SH        SH-DEF                  1     35,000
Bennett Environmental
Inc                     Equity           81906109          15       3,400 SH        SH-DEF                  1      3,400
BERKSHIRE HATHAWAY INC
CL A                    CMN             084670108      11,454         126 SH   SOLE                                  126
BERKSHIRE HATHAWAY INC
CL B                    CMN             084670207       1,376         454 SH   SOLE                                  454
BEST BUY COMPANY INC    CMN             086516101          76        1350 SH   SOLE                                1,350
BG GROUP PLC SPONSORED
ADR                     CMN             055434203         139        2200 SH   SOLE                                2,200
BHP BILLITON LTD
SPONSORED ADR           CMN             088606108       3,442       85850 SH   SOLE                               85,850
BIOMET INC              CMN             090613100         176        4925 SH   SOLE                                4,925
BIOTECH HOLDERS TRUST   CMN             09067D201          58         300 SH   SOLE                                  300
Biovail Corp            com             09067J109         172       7,100 SH        SH-DEF                  2      7,100
Biovail Corp            optC            09067J109          29       1,200 CALL      SH-DEF                  2      1,200
Biovail Corp            optC            09067J109          97       4,000 CALL      SH-DEF                  2      4,000
Biovail Corp            optC            09067J109         230       9,500 CALL      SH-DEF                  2      9,500
Biovail Corp            Equity          09067J109           7         300 SH        SH-DEF                  1        300
Biovail Corp            Equity          09067J109          36       1,500 SH        SH-DEF                  1      1,500
BIOVAIL CORPORATION     EQUIT           09067J109      33,609     1385886 SH   SOLE                            1,385,886
BIOVAIL CORPORATION     CMN             09067J109         854       34950 SH   SOLE                               34,950
BIOVAIL CORPORATION     EQUIT           09067J109       1,596       65814 SH        SH-DEF                  1     65,814
BIRCH MOUNTAIN
RESOURCES LTD           CMN             09066X109          15        2000 SH   SOLE                                2,000
BJ'S WHOLESALE CLUB INC CMN             05548J106          19         600 SH   SOLE                                  600
BLACK & DECKER CORP     OPT              91797100         956       11000 PUT       SH-DEF                  1     11,000
BLACK & DECKER
CORPORATION             CMN             091797100          46         525 SH   SOLE                                  525
Blackboard Inc          com             091935502           0           4 SH   SOLE                                    4
BLOCK (H&R) INC         CMN             093671105          47        2180 SH   SOLE                                2,180
BOEING COMPANY          CMN             097023105         618        7888 SH   SOLE                                7,888
Bookham Inc             com             09856E105          10       1,000 SH   SOLE                                1,000
BOSTON SCIENTIFIC CORP  CMN             101137107         164        7080 SH   SOLE                                7,080
BP PLC SPONSORED ADR    CMN             055622104       1,839       26514 SH   SOLE                               26,514
BP PRUDHOE BAY ROYALTY
TRUST                   CMN             055630107         142        2000 SH   SOLE                                2,000
BRASIL TELECOM PART.
S.A. ADS                CMN             105530109          45        1220 SH   SOLE                                1,220
Bristol-Myers Squibb Co com             110122108       2,332      94,761 SH   SOLE                               94,761
Bristol-Myers Squibb Co optP            110122108       9,844     400,000 PUT  SOLE                              400,000
BRISTOL-MYERS SQUIBB CO EQUIT           110122108       2,331       94761 SH   SOLE                               94,761
BRISTOL-MYERS SQUIBB CO OPT             110122108       9,844      400000 PUT  SOLE                              400,000
Bristol-Myers Squibb Co com             110122108         241       9,800 SH        SH-DEF                  2      9,800
Bristol-Myers Squibb Co optC            110122108          12         500 CALL      SH-DEF                  2        500
Bristol-Myers Squibb Co optC            110122108         148       6,000 CALL      SH-DEF                  2      6,000
Bristol-Myers Squibb Co optC            110122108         172       7,000 CALL      SH-DEF                  2      7,000
BRISTOL-MYERS SQUIBB
COMPANY                 CMN             110122108       1,332       53800 SH   SOLE                               53,800
Broadwing Corp          com             11161E101           1         100 SH   SOLE                                  100
BROOKFIELD ASSET
MANAGE-CL A             EQUIT           112585104     138,488     2517684 SH   SOLE                            2,517,684
BROOKFIELD ASSET MGMT
INC CL A LV             CMN             112585104       8,046      145196 SH   SOLE                              145,196
Brookfield Asset Mgt-A
Lv                      Equity          112585104         110       2,000 SH        SH-DEF                  1      2,000
BROOKFIELD PROPERTIES
CORP                    EQUIT           112900105       9,557      281900 SH   SOLE                              281,900
BROOKFIELD PROPERTIES
CORP                    CMN             112900105         492       14400 SH   SOLE                               14,400
Brookfield Properties
Crp                     Equity          112900105         186       5,500 SH        SH-DEF                  1      5,500
BROWN-FORMAN CORP CL A  CMN             115637100         725        9208 SH   SOLE                                9,208
BT Group PLC            adr             5.58E+104          96       1,000 SH        SH-DEF                  2      1,000
BT GROUP PLC ADR        CMN             05577E101          81        2065 SH   SOLE                                2,065
BUNGE LIMITED           CMN             G16962105          28         500 SH   SOLE                                  500
BURLINGTON NORTHERN
SANTA FE                OPT             12189T104       1,192       14300 CALL      SH-DEF                  1     14,300
BURLINGTON NORTHERN
SANTA FE CORP           CMN             12189T104          50         600 SH   SOLE                                  600
BURLINGTON RESOURCES
INC                     CMN             122014103         162        1750 SH   SOLE                                1,750
BUSINESS OBJECTS SA
SPONSORED ADR           CMN             12328X107         146        3985 SH   SOLE                                3,985
CABLEVISION SYSTEMS
CORP CL A               CMN             12686C109          67        2500 SH   SOLE                                2,500
CADBURY SCHWEPPES PLC
ADR                     CMN             127209302         194        4820 SH   SOLE                                4,820
CAE INC                 EQUIT           124765108      21,247     2704704 SH   SOLE                            2,704,704
CAE INC                 CMN             124765108       1,120 141548.3922 SH   SOLE                              141,548
CAE Inc                 com             124765108         598      76,100 SH        SH-DEF                  2     76,100
CAE Inc                 optC            124765108          61       7,800 CALL      SH-DEF                  2      7,800
CAE Inc                 optC            124765108         306      39,000 CALL      SH-DEF                  2     39,000
CAE Inc                 optC            124765108         405      51,505 CALL      SH-DEF                  2     51,505
CAE Inc                 optC            124765108         436      55,467 CALL      SH-DEF                  2     55,467
CAE Inc                 optC            124765108         550      70,000 CALL      SH-DEF                  2     70,000
Cae Inc                 Equity          124765108         145      18,500 SH        SH-DEF                  1     18,500
CALIFORNIA WATER
SERVICE GROUP           CMN             130788102          36         800 SH   SOLE                                  800
CAMBIOR INC             EQUIT           13201L103           3         800 SH   SOLE                                  800
Cambior Inc             Equity          13201L103          50      15,446 SH        SH-DEF                  1     15,446
CAMECO CORP             EQUIT           13321L108         432       12000 SH   SOLE                               12,000
CAMECO CORP             EQUIT           13321L108     101,203     2815856 SH   SOLE                            2,815,856
CAMECO CORP             CMN             13321L108       3,730      103015 SH   SOLE                              103,015
CAMECO CORP             OPT             13321L108       2,158       60000 CALL      SH-DEF                  1     60,000
CAMECO CORP             EQUIT           13321L108      10,986      305678 SH        SH-DEF                  1    305,678
Cameco Corp             Equity          13321L108         147       4,100 SH        SH-DEF                  1      4,100
CAMPBELL SOUP CO        CMN             134429109          36        1100 SH   SOLE                                1,100
CAN IMPERIAL BK OF
COMMERCE                EQUIT           136069101   1,023,407    13906451 SH   SOLE                           13,906,451
CAN IMPERIAL BK OF
COMMERCE                OPT             136069101      15,551      211200 CALL      SH-DEF                  1    211,200
CANADIAN IMPERIAL BANK
OF COMMERCE             CMN             136069101      67,505 910534.2556 SH   SOLE                              910,534
Canadian Imperial Bank
of Commerce             CMN             136069101      26,583     360,600 SH   SOLE                              360,600
Canadian Imperial Bank
of Commerce             CMN             136069101       1,474      20,000 SH   SOLE                               20,000
Canadian Imperial Bank
of Commerce             optC            136069101         258       3,502 CALL      SH-DEF                  2      3,502
Canadian National
Railway                 Equity          136375102          45       1,000 SH        SH-DEF                  1      1,000
CANADIAN NATIONAL
RAILWAY CO              CMN             136375102      16,325      357837 SH   SOLE                              357,837
Canadian National
Railway Company         CMN             136375102       9,254     204,000 SH   SOLE                              204,000
Canadian National
Railway Company         CMN             136375102       1,361      30,000 SH   SOLE                               30,000
CANADIAN NATL RAILWAY
CO                      EQUIT           136375102     268,665     5932764 SH   SOLE                            5,932,764
CANADIAN NATL RAILWAY
CO                      OPT             136375102      56,309     1242800 CALL      SH-DEF                  1  1,242,800
CANADIAN NATURAL
RESOURCES               EQUIT           136385101     303,071     5457148 SH   SOLE                            5,457,148
CANADIAN NATURAL
RESOURCES               OPT             136385101       2,770       50000 PUT       SH-DEF                  1     50,000
CANADIAN NATURAL
RESOURCES LTD           CMN             136385101      10,958      195857 SH   SOLE                              195,857
Canadian Pacific
Railway Limited         CMN             13645T100       1,748      35,000 SH   SOLE                               35,000
CANADIAN PACIFIC
RAILWAY LTD             EQUIT           13645T100      96,425     1934132 SH   SOLE                            1,934,132
CANADIAN PACIFIC
RAILWAY LTD             CMN             13645T100      14,462      287956 SH   SOLE                              287,956
CANADIAN PACIFIC
RAILWAY LTD             OPT             13645T100           5         100 PUT       SH-DEF                  1        100
Canadian Superior
Energy                  Equity          136644101           3       1,300 SH        SH-DEF                  1      1,300
CANETIC RESOURCES T/U   CMN             137513107       2,789      133684 SH   SOLE                              133,684
Canetic Resources T/U   Equity          137513107          58       2,800 SH        SH-DEF                  1      2,800
Canetic Resources T/U   Equity          137513107         207      10,000 SH        SH-DEF                  1     10,000
CANETIC RESOURCES TRUST EQUIT           137513107         171        8249 SH   SOLE                                8,249
CANON INC ADR           CMN             138006309         692       10415 SH   SOLE                               10,415
CAPITAL ONE FINANCIAL
CORP                    CMN             14040H105         324        4000 SH   SOLE                                4,000
CARDINAL HEALTH INC     CMN             14149Y108         910       12142 SH   SOLE                               12,142
CARDIOME PHARMA CORP    EQUIT           14159U202          15        1211 SH        SH-DEF                  1      1,211
CARDIOME PHARMA CORP
NEW                     CMN             14159U202           6         500 SH   SOLE                                  500
CAREMAX RX INC          CMN             141705103         762       15400 SH   SOLE                               15,400
CARNIVAL CORPORATION    CMN             143658300          33         700 SH   SOLE                                  700
CATERPILLAR INC         CMN             149123101       5,575       77168 SH   SOLE                               77,168
Caterpillar Inc.        CMN             149123101       2,154      30,000 SH   SOLE                               30,000
Catuity Inc             com             149481202         165      23,000 SH        SH-DEF                  2     23,000
Cbot Holdings Inc       com             14984K106       3,224      27,000 SH        SH-DEF                  2     27,000
CBS CORPORATION NEW CL
A W/I                   CMN             124857103          15         600 SH   SOLE                                  600
CBS CORPORATION NEW CL
B W/I                   CMN             124857202          68        2822 SH   SOLE                                2,822
Cdn Imperial Bk
Commerce                Equity          136069101         125       1,700 SH        SH-DEF                  1      1,700
Cdn Natural Resources
Ltd                     Equity          136385101         122       2,200 SH        SH-DEF                  1      2,200
Cdn Natural Resources
Ltd                     Equity          136385101         298       5,394 SH        SH-DEF                  1      5,394
Cdn Natural Resources
Ltd                     Equity          136385101       1,422      25,700 SH        SH-DEF                  1     25,700
CDW CORP                CMN             12512N105         192        3250 SH   SOLE                                3,250
CELESTICA INC           EQUIT           15101Q108       3,347      293445 SH   SOLE                              293,445
Celestica Inc           optC            15101Q108         222      19,460 CALL      SH-DEF                  2     19,460
CELESTICA INC           EQUIT           15101Q108       2,862      250944 SH        SH-DEF                  1    250,944
CELESTICA INC SV        CMN             15101Q108         408       35500 SH   SOLE                               35,500
CELL GENESYS INC        CMN             150921104           6         700 SH   SOLE                                  700
CEMEX SA SPONSORED ADR  CMN             151290889          68        1039 SH   SOLE                                1,039
CENDANT CORPORATION     CMN             151313103       1,366       78225 SH   SOLE                               78,225
CENTRAL EUROPE &
RUSSIA FUND             CMN             153436100       1,785       36481 SH   SOLE                               36,481
Central Fund Cda Ltd-A
Nv                      Equity          153501101         159      20,000 SH        SH-DEF                  1     20,000
CENTRAL FUND OF CDA
LTD CL A NVS            CMN             153501101       2,142      268375 SH   SOLE                              268,375
CENTRAL VERMONT PUBLIC
SERVICE                 CMN             155771108          32        1500 SH   SOLE                                1,500
Century Aluminum Co     cvb             156431108       2,780      65,486 PRN  SOLE                               65,486
CENTURYTEL INC          CMN             156700106          18         450 SH   SOLE                                  450
CGI GROUP INC           EQUIT           39945C109         267       40201 SH   SOLE                               40,201
CGI GROUP INC CL A SVS  CMN             39945C109         291       43500 SH   SOLE                               43,500
CH Robinson Worldwide
Inc                     com             12541W209           0           1 SH   SOLE                                    1
Chattem Inc             com             162456107           2          48 SH   SOLE                                   48
CHC HELICOPTER CORP CL
A SVS                   CMN             12541C203         327       12825 SH   SOLE                               12,825
CHC HELICOPTER CORP-CL
A                       EQUIT           12541C203         162        6400 SH   SOLE                                6,400
CHEESECAKE FACTORY INC  CMN             163072101          11         300 SH   SOLE                                  300
CHESAPEAKE ENERGY CORP  CMN             165167107          60        1900 SH   SOLE                                1,900
Chevron Corp            com             166764100         145       2,500 SH        SH-DEF                  2      2,500
Chevron Corp            optC            166764100         317       5,462 CALL      SH-DEF                  2      5,462
Chevron Corp            optC            166764100         341       5,888 CALL      SH-DEF                  2      5,888
CHEVRON CORPORATION     CMN             166764100       6,078      104208 SH   SOLE                              104,208
Chevron Corporation     CMN             166764100       1,449      25,000 SH   SOLE                               25,000
China Finance Online
Co Ltd                  adr             169379104           -         200 SH   SOLE                                  200
CHINA MOBILE (HONG
KONG) LTD               CMN             16941M109         268       10050 SH   SOLE                               10,050
CHINA PETROLEUM &
CHEMICAL CORP ADR       CMN             16941R108         405        6900 SH   SOLE                                6,900
CHUBB CORPORATION       CMN             171232101          80         830 SH   SOLE                                  830
CHUNGWA TELECOM CO LTD
ADR                     CMN             17133Q205         887       45000 SH   SOLE                               45,000
CHURCHILL DOWNS INC     CMN             171484108          77        2000 SH   SOLE                                2,000
CIMAREX ENERGY CO       CMN             171798101          87        2000 SH   SOLE                                2,000
Cisco Systems Inc       com             17275R102           5         250 SH   SOLE                                  250
Cisco Systems Inc       optC            17275R102       3,255     150,200 CALL SOLE                              150,200
Cisco Systems Inc       optC            17275R102       7,585     350,000 CALL SOLE                              350,000
Cisco Systems Inc       optC            17275R102      10,835     500,000 CALL SOLE                              500,000
Cisco Systems Inc       optC            17275R102      12,027     555,000 CALL SOLE                              555,000
Cisco Systems Inc       optP            17275R102       1,192      55,000 PUT  SOLE                               55,000
Cisco Systems Inc       optP            17275R102       8,668     400,000 PUT  SOLE                              400,000
Cisco Systems Inc       optP            17275R102      10,835     500,000 PUT  SOLE                              500,000
CISCO SYSTEMS INC       OPT             17275R102      14,194      655000 PUT  SOLE                              655,000
CISCO SYSTEMS INC       OPT             17275R102      27,200     1255200 CALL SOLE                            1,255,200
CISCO SYSTEMS INC       CMN             17275R102       1,632       74835 SH   SOLE                               74,835
CIT GROUP INC           CMN             125581108         661       12275 SH   SOLE                               12,275
Citigroup Inc           com             172967101       6,049     128,067 SH   SOLE                              128,067
Citigroup Inc           optC            172967101       2,362      50,000 CALL SOLE                               50,000
Citigroup Inc           optC            172967101      13,224     280,000 CALL SOLE                              280,000
Citigroup Inc           optC            172967101      21,254     450,000 CALL SOLE                              450,000
Citigroup Inc           optP            172967101       2,362      50,000 PUT  SOLE                               50,000
Citigroup Inc           optP            172967101       2,362      50,000 PUT  SOLE                               50,000
Citigroup Inc           optP            172967101      10,627     225,000 PUT  SOLE                              225,000
Citigroup Inc           optP            172967101      14,169     300,000 PUT  SOLE                              300,000
Citigroup Inc           optP            172967101      24,560     520,000 PUT  SOLE                              520,000
CITIGROUP INC           EQUIT           172967101       3,158       66892 SH   SOLE                               66,892
CITIGROUP INC           OPT             172967101      25,977      550000 CALL SOLE                              550,000
CITIGROUP INC           OPT             172967101      53,842     1140000 PUT  SOLE                            1,140,000
CITIGROUP INC           CMN             172967101      12,975      273045 SH   SOLE                              273,045
Citigroup Inc           com             172967101         534      11,300 SH        SH-DEF                  2     11,300
Citigroup Inc           optC            172967101          38         800 CALL      SH-DEF                  2        800
Citigroup Inc           optC            172967101         233       4,941 CALL      SH-DEF                  2      4,941
Citigroup Inc           optC            172967101         236       5,000 CALL      SH-DEF                  2      5,000
Citigroup Inc           optC            172967101         252       5,326 CALL      SH-DEF                  2      5,326
Citigroup Inc           optC            172967101         472      10,000 CALL      SH-DEF                  2     10,000
CITIGROUP INC           EQUIT           172967101         826       17500 SH        SH-DEF                  1     17,500
CITIGROUP INC           OPT             172967101       4,723      100000 CALL      SH-DEF                  1    100,000
CITIGROUP INC           OPT             172967101       4,723      100000 PUT       SH-DEF                  1    100,000
Citigroup Inc.          CMN             172967101       3,306      70,000 SH   SOLE                               70,000
CLEAR CHANNEL
COMMUNICATIONS INC      CMN             184502102         221        7565 SH   SOLE                                7,565
CLOROX COMPANY          CMN             189054109          21         350 SH   SOLE                                  350
CMGI Inc                com             125750109          38      25,374 SH   SOLE                               25,374
CNOOC LTD SPONSORED ADR CMN             126132109         173        2200 SH   SOLE                                2,200
COACH INC               CMN             189754104          31         900 SH   SOLE                                  900
Coca-Cola Co/The        com             191216100       7,803     186,373 SH   SOLE                              186,373
Coca-Cola Co/The        optC            191216100       1,591      38,000 CALL SOLE                               38,000
Coca-Cola Co/The        optC            191216100       3,140      75,000 CALL SOLE                               75,000
Coca-Cola Co/The        optC            191216100       4,187     100,000 CALL SOLE                              100,000
Coca-Cola Co/The        optC            191216100       8,374     200,000 CALL SOLE                              200,000
Coca-Cola Co/The        optP            191216100       8,374     200,000 PUT  SOLE                              200,000
COCA-COLA CO/THE        EQUIT           191216100       6,745      160997 SH   SOLE                              160,997
COCA-COLA CO/THE        OPT             191216100       8,374      200000 PUT  SOLE                              200,000
COCA-COLA CO/THE        OPT             191216100      13,608      325000 CALL SOLE                              325,000
COCA-COLA CO/THE        OPT             191216100       1,193       28500 CALL      SH-DEF                  1     28,500
COCA-COLA COMPANY       CMN             191216100       2,272       53926 SH   SOLE                               53,926
Coca-Cola Company (The) CMN             191216100           -      20,000 SH   SOLE                               20,000
COCA-COLA ENTERPRISES
INC                     CMN             191219104           6         300 SH   SOLE                                  300
COCA-COLA HELLENIC
BOTTLING CO ADR         CMN             1912EP104         224        7145 SH   SOLE                                7,145
COEUR D'ALENE MINES
CORP                    CMN             192108108          33        5007 SH   SOLE                                5,007
Coeur D'Alene Mns Idaho Equity          192108108           7       1,000 SH        SH-DEF                  1      1,000
COGNOS INC              EQUIT           19244C109      11,859      305523 SH   SOLE                              305,523
COGNOS INC              CMN             19244C109         418       10680 SH   SOLE                               10,680
COGNOS INC              EQUIT           19244C109       1,686       43434 SH        SH-DEF                  1     43,434
Cognos Inc              Equity          19244C109         334       8,600 SH        SH-DEF                  1      8,600
COLGATE-PALMOLIVE
COMPANY                 CMN             194162103       3,440       59877 SH   SOLE                               59,877
Colgate-Palmolive
Company                 CMN             194162103       2,570      45,000 SH   SOLE                               45,000
Colt Telecom Group Plc  adr             196877104           2          60 SH   SOLE                                   60
Comcast Corp            com             20030N101           1          50 SH   SOLE                                   50
COMCAST CORP CL A       CMN             20030N101         353       13425 SH   SOLE                               13,425
COMCAST CORP CL A SPL   CMN             20030N200       1,992       75800 SH   SOLE                               75,800
Comcast Corporation,
Class "A"               CMN             20030N200       1,306      50,000 SH   SOLE                               50,000
COMPANHIA VALE DO RIO
DOCE ADR                CMN             204412100         291        6700 SH   SOLE                                6,700
COMPANHIA VALE DO RIO
DOCE ADR                CMN             204412209       1,240       25400 SH   SOLE                               25,400
COMPTON PETROLEUM CORP  EQUIT           204940100         192       15100 SH   SOLE                               15,100
COMPTON PETROLEUM CORP  OPT             204940100         382       30000 PUT       SH-DEF                  1     30,000
Compton Petroleum Corp  Equity          204940100           7         564 SH        SH-DEF                  1        564
Compton Petroleum Corp  Equity          204940100          28       2,200 SH        SH-DEF                  1      2,200
Compton Petroleum Corp  Equity          204940100       1,045      82,000 SH        SH-DEF                  1     82,000
CONAGRA FOODS INC       CMN             205887102         133        6150 SH   SOLE                                6,150
Conexant Systems Inc    com             207142100           1         409 SH   SOLE                                  409
CONOCOPHILLIPS          CMN             20825C104         982       15458 SH   SOLE                               15,458
ConocoPhillips          CMN             20825C104         632      10,000 SH   SOLE                               10,000
Conocophillips          Equity          20825C104           3          53 SH        SH-DEF                  1         53
CONSOLIDATED EDISON INC CMN             209115104          48        1100 SH   SOLE                                1,100
CONSTELLATION BRANDS
INC                     CMN             21036P108          15         600 SH   SOLE                                  600
CONSTELLATION ENERGY
GROUP INC               CMN             210371100          17         300 SH   SOLE                                  300
COOPER INDUSTRIES LTD
CL A                    CMN             G24182100           9         100 SH   SOLE                                  100
COOPER TIRE & RUBBER CO CMN             216831107         830       57500 SH   SOLE                               57,500
CORN PRODUCTS
INTERNATIONAL INC       CMN             219023108           2          70 SH   SOLE                                   70
CORNING INC             CMN             219350105         115        4240 SH   SOLE                                4,240
Corus Entertainment Inc com             220874101           1          34 SH        SH-DEF                  2         34
CORUS ENTERTAINMENT
INC CL B NVS            CMN             220874101         226        7308 SH   SOLE                                7,308
CORUS ENTERTAINMENT
INC-B SH                EQUIT           220874101         475       15500 SH   SOLE                               15,500
COSTCO WHOLESALE CORP   CMN             22160K105         112        2050 SH   SOLE                                2,050
Cott Corp               com             22163N106         599      46,556 SH        SH-DEF                  2     46,556
Cott Corp               Equity          22163N106         115       9,000 SH        SH-DEF                  1      9,000
COTT CORPORATION        EQUIT           22163N106       1,143       88831 SH   SOLE                               88,831
COTT CORPORATION        CMN             22163N106         102        7830 SH   SOLE                                7,830
COTT CORPORATION        EQUIT           22163N106         125        9705 SH        SH-DEF                  1      9,705
COUNTRYWIDE FINANCIAL
CORP                    CMN             222372104          15         400 SH   SOLE                                  400
CREDIT SUISSE GROUP ADR CMN             225401108         269        4780 SH   SOLE                                4,780
CREE INC                OPT             225447101       1,844       56200 PUT       SH-DEF                  1     56,200
CREE INC                OPT             225447101       2,382       72600 CALL      SH-DEF                  1     72,600
Critical Therapeutics
Inc                     com             22674T105           3         537 SH   SOLE                                  537
CROWN CASTLE INTL CORP  CMN             228227104           7         250 SH   SOLE                                  250
CROWN HOLDINGS INC      CMN             228368106          16         900 SH   SOLE                                  900
Crucell                 adr             228769105           1          99 SH   SOLE                                   99
CRYPTOLOGIC INC         EQUIT           228906103           3         100 SH   SOLE                                  100
CRYSTALLEX
INTERNATIONAL CORP      CMN             22942F101       1,096      266650 SH   SOLE                              266,650
CRYSTALLEX INTL CORP    EQUIT           22942F101          40        9800 SH   SOLE                                9,800
Crystallex Intl Corp    Equity          22942F101          76      18,700 SH        SH-DEF                  1     18,700
CSX CORPORATION         CMN             126408103         127        2115 SH   SOLE                                2,115
CUMMINS INC             CMN             231021106          53         500 SH   SOLE                                  500
CURAGEN CORP            CMN             23126R101           2         300 SH   SOLE                                  300
CV THERAPEUTICS INC     OPT             126667104       1,371       62100 PUT       SH-DEF                  1     62,100
CVS CORPORATION         CMN             126650100       5,073      168795 SH   SOLE                              168,795
DAIMLERCHRYSLER AG      CMN             D1668R123          27         472 SH   SOLE                                  472
DANAHER CORP            CMN             235851102         684       10700 SH   SOLE                               10,700
Deckers Outdoor Corp    com             243537107       2,013      49,656 SH        SH-DEF                  2     49,656
DEERE & COMPANY         CMN             244199105          42         525 SH   SOLE                                  525
DEL MONTE FOODS CO      CMN             24522P103          13        1078 SH   SOLE                                1,078
Dell Inc                com             24702R101           2          80 SH   SOLE                                   80
Dell Inc                optC            24702R101       4,464     150,000 CALL SOLE                              150,000
DELL INC                CMN             24702R101       1,836       61325 SH   SOLE                               61,325
Dell Inc                com             24702R101         122       4,100 SH        SH-DEF                  2      4,100
Dell Inc                optC            24702R101         219       7,363 CALL      SH-DEF                  2      7,363
Dell Inc                optC            24702R101         236       7,936 CALL      SH-DEF                  2      7,936
Dell Inc.               CMN             24702R101       1,042      35,000 SH   SOLE                               35,000
Deluxe Corp             com             248019101       3,010     115,000 SH        SH-DEF                  2    115,000
DENBURY RESOURCES INC   CMN             247916208       1,153       36200 SH   SOLE                               36,200
DESCARTES SYSTEMS
GROUP INC               CMN             249906108          38       10030 SH   SOLE                               10,030
Desert Sun Mining Corp  Equity          25043V107         173      31,500 SH        SH-DEF                  1     31,500
DEUTSCHE TELEKOM AG
SPONS ADR               CMN             251566105           3         190 SH   SOLE                                  190
DEVON ENERGY
CORPORATION             CMN             25179M103         338        5500 SH   SOLE                                5,500
DIAGEO PLC SPONSORED
ADR                     CMN             25243Q205         975       15280 SH   SOLE                               15,280
Dialysis Corp Of
America                 com             252529102           1          40 SH   SOLE                                   40
DIAMONDS TRUST SERIES 1 CMN             252787106          62         550 SH   SOLE                                  550
DiaSys Corp             com             252838107           0       1,600 SH   SOLE                                1,600
DIEBOLD INC             CMN             253651103         105        2550 SH   SOLE                                2,550
Digital Recorders Inc   com             253869101           0         200 SH   SOLE                                  200
DIRECTV GROUP INC       CMN             25459L106           6         365 SH   SOLE                                  365
DISCOVERY HLDG COMPANY
SER A                   CMN             25468Y107          49        3247 SH   SOLE                                3,247
DISNEY,WALT COMPANY     CMN             254687106         796       28375 SH   SOLE                               28,375
Dollar Financial Corp   Equity          256664103       4,424     250,077 SH        SH-DEF                  1    250,077
DOLLAR GENERAL
CORPORATION             CMN             256669102         328       18425 SH   SOLE                               18,425
DOMINION RESOURCES INC  CMN             25746U109         227        3272 SH   SOLE                                3,272
DOMTAR INC              EQUIT           257561100       2,689      378654 SH   SOLE                              378,654
DOMTAR INC              CMN             257561100         234       32668 SH   SOLE                               32,668
DOMTAR INC              EQUIT           257561100      11,959     1683803 SH        SH-DEF                  1  1,683,803
Domtar Inc              Equity          257561100          35       5,000 SH        SH-DEF                  1      5,000
Domtar Inc              Equity          257561100         132      18,700 SH        SH-DEF                  1     18,700
DONNELLEY (R.R.) &
SONS CO                 CMN             257867101         271        8228 SH   SOLE                                8,228
DOREL INDUSTRIES INC
CL B SVS                CMN             25822C205         299       10825 SH   SOLE                               10,825
DOREL INDUSTRIES-CL B   EQUIT           25822C205          33        1200 SH   SOLE                                1,200
DOREL INDUSTRIES-CL B   EQUIT           25822C205           1          28 SH        SH-DEF                  1         28
DOW CHEMICAL            OPT             260543103      10,150      250000 CALL SOLE                              250,000
DOW CHEMICAL            OPT             260543103       4,060      100000 CALL      SH-DEF                  1    100,000
Dow Chemical Co/The     optC            260543103      10,150     250,000 CALL SOLE                              250,000
DOW CHEMICAL COMPANY    CMN             260543103         386        9455 SH   SOLE                                9,455
DRAXIS HEALTH INC       CMN             26150J101           1         222 SH   SOLE                                  222
DREAMWORKS ANIMATION
SKG INC CL A            CMN             26153C103          10         375 SH   SOLE                                  375
DTE ENERGY COMPANY      CMN             233331107         107        2650 SH   SOLE                                2,650
DU PONT (E.I.) DE
NEMOURS                 OPT             263534109      22,371      530000 PUT  SOLE                              530,000
DU PONT (E.I.) DE
NEMOURS                 OPT             263534109      27,014      640000 CALL SOLE                              640,000
DU PONT (E.I.) DE
NEMOURS                 OPT             263534109         422       10000 CALL      SH-DEF                  1     10,000
DUKE ENERGY CORP        CMN             264399106         300       10239 SH   SOLE                               10,239
DUPONT E.I. DE NEMOURS
& CO                    CMN             263534109         796       18742 SH   SOLE                               18,742
DUSA PHARMACEUTICALS
INC                     CMN             266898105           0           7 SH   SOLE                                    7
Dynacq Healthcare Inc   com             26779V105           6       2,203 SH   SOLE                                2,203
Eastman Kodak Co        com             277461109       5,500     193,400 SH   SOLE                              193,400
Eastman Kodak Co        optC            277461109       2,844     100,000 CALL SOLE                              100,000
Eastman Kodak Co        optC            277461109       2,844     100,000 CALL SOLE                              100,000
Eastman Kodak Co        optP            277461109         910      32,000 PUT  SOLE                               32,000
Eastman Kodak Co        optP            277461109       2,844     100,000 PUT  SOLE                              100,000
EASTMAN KODAK CO        OPT             277461109       3,754      132000 PUT  SOLE                              132,000
EASTMAN KODAK CO        EQUIT           277461109       5,503      193400 SH   SOLE                              193,400
EASTMAN KODAK CO        OPT             277461109       5,688      200000 CALL SOLE                              200,000
EASTMAN KODAK COMPANY   CMN             277461109         416       14543 SH   SOLE                               14,543
EBAY INC                CMN             278642103          10         250 SH   SOLE                                  250
ECHOSTAR
COMMUNICATIONS CORP CL
A                       CMN             278762109         150        5000 SH   SOLE                                5,000
Ediets.Com Inc          com             280597105           2         415 SH   SOLE                                  415
Educate Inc             com             28138P100          58       6,776 SH   SOLE                                6,776
EI Du Pont de Nemours
& Co                    optC            263534109       2,744      65,000 CALL SOLE                               65,000
EI Du Pont de Nemours
& Co                    optC            263534109       9,286     220,000 CALL SOLE                              220,000
EI Du Pont de Nemours
& Co                    optC            263534109      11,608     275,000 CALL SOLE                              275,000
EI Du Pont de Nemours
& Co                    optP            263534109       3,166      75,000 PUT  SOLE                               75,000
EI Du Pont de Nemours
& Co                    optP            263534109       4,221     100,000 PUT  SOLE                              100,000
EI Du Pont de Nemours
& Co                    optP            263534109      11,608     275,000 PUT  SOLE                              275,000
EL PASO CORPORATION     CMN             28336L109         224       18515 SH   SOLE                               18,515
Elan Corp PLC           optC            284131208         186      25,000 CALL SOLE                               25,000
Elan Corp PLC           optC            284131208         186      25,000 CALL SOLE                               25,000
Elan Corp PLC           optP            284131208         580      78,000 PUT  SOLE                               78,000
Elan Corp PLC           optP            284131208         729      98,000 PUT  SOLE                               98,000
Elan Corp PLC           adr             284131208       1,410     189,600 SH   SOLE                              189,600
Elan Corp PLC           optC            284131208       2,417     325,000 CALL SOLE                              325,000
Elan Corp PLC           optP            284131208       2,417     325,000 PUT  SOLE                              325,000
ELAN CORP PLC -SPONS
ADR                     EQUIT           284131208       2,736      189600 SH   SOLE                              189,600
ELAN CORP PLC -SPONS
ADR                     OPT             284131208       5,415      375000 CALL SOLE                              375,000
ELAN CORP PLC -SPONS
ADR                     OPT             284131208       7,234      501000 PUT  SOLE                              501,000
ELDORADO GOLD CORP      CMN             284902103          40        8300 SH   SOLE                                8,300
Eldorado Gold Crp New   Equity          284902103          23       4,800 SH        SH-DEF                  1      4,800
Electronic Arts Inc     com             285512109           1          18 SH   SOLE                                   18
ELECTRONIC ARTS INC     CMN             285512109          10         175 SH   SOLE                                  175
ELECTRONIC ARTS INC     OPT             285512109       3,283       60000 CALL      SH-DEF                  1     60,000
Electronic Arts Inc     Equity          285512109           1          10 SH        SH-DEF                  1         10
ELECTRONIC DATA
SYSTEMS CORP            CMN             285661104         428       15870 SH   SOLE                               15,870
Eli Lilly & Co          com             532457108      10,260     185,532 SH   SOLE                              185,532
Eli Lilly & Co          optC            532457108       4,148      75,000 CALL SOLE                               75,000
Eli Lilly & Co          optC            532457108       5,530     100,000 CALL SOLE                              100,000
Eli Lilly & Co          optP            532457108       4,148      75,000 PUT  SOLE                               75,000
Eli Lilly & Co          optP            532457108       5,530     100,000 PUT  SOLE                              100,000
Eli Lilly & Co          optP            532457108      19,355     350,000 PUT  SOLE                              350,000
ELI LILLY & CO          OPT             532457108       9,678      175000 CALL SOLE                              175,000
ELI LILLY & CO          EQUIT           532457108      10,253      185532 SH   SOLE                              185,532
ELI LILLY & CO          OPT             532457108      29,033      525000 PUT  SOLE                              525,000
EMC CORP/MASS           OPT             268648102       1,370      100500 CALL      SH-DEF                  1    100,500
EMERSON ELECTRIC CO     CMN             291011104       3,445       40941 SH   SOLE                               40,941
ENBRIDGE INC            EQUIT           29250N105     330,880    11507950 SH   SOLE                           11,507,950
ENBRIDGE INC            CMN             29250N105      48,963 1690403.281 SH   SOLE                            1,690,403
Enbridge Inc            Equity          29250N105         328      11,400 SH        SH-DEF                  1     11,400
Enbridge Inc.           CMN             29250N105     105,664   3,668,666 SH   SOLE                            3,668,666
Enbridge Inc.           CMN             29250N105       4,320     150,000 SH   SOLE                              150,000
ENCANA CORP             EQUIT           292505104     394,214     8452826 SH   SOLE                            8,452,826
EnCana Corp             com             292505104         107       2,300 SH        SH-DEF                  2      2,300
EnCana Corp             optC            292505104         541      11,600 CALL      SH-DEF                  2     11,600
EnCana Corp             optC            292505104         583      12,493 CALL      SH-DEF                  2     12,493
ENCANA CORP             EQUIT           292505104         785       16800 SH        SH-DEF                  1     16,800
Encana Corp             Equity          292505104       1,582      33,900 SH        SH-DEF                  1     33,900
Encana Corp             Equity          292505104       1,866      40,000 SH        SH-DEF                  1     40,000
Encana Corp             Equity          292505104       4,666     100,000 SH        SH-DEF                  1    100,000
Encana Corp             Equity          292505104       4,814     103,180 SH        SH-DEF                  1    103,180
ENCANA CORPORATION      CMN             292505104      63,602     1353732 SH   SOLE                            1,353,732
EnCana Corporation      CMN             292505104       8,643     185,000 SH   SOLE                              185,000
EnCana Corporation      CMN             292505104         935      20,000 SH   SOLE                               20,000
EndWave Corp            com             29264A206         735      50,000 SH        SH-DEF                  2     50,000
ENERGY SELECT SECTOR
SPDR                    OPT             81369Y506   2,025,138    37226800 PUT       SH-DEF                  1 37,226,800
ENERPLUS RESOURCES FUND EQUIT           29274D604         306        6100 SH   SOLE                                6,100
ENERPLUS RESOURCES
FUND T/U                CMN             29274D604       2,520       49919 SH   SOLE                               49,919
Ensco International Inc Equity          26874Q100         128       2,500 SH        SH-DEF                  1      2,500
ENTERGY CORPORATION     CMN             29364G103          50         725 SH   SOLE                                  725
Entremed Inc            com             29382F103           5       1,752 SH   SOLE                                1,752
ERICSSON (LM) TEL-SP
ADR                     OPT             294821608         558       14800 CALL      SH-DEF                  1     14,800
ERICSSON TELEPHONE CO
SPONS ADR               CMN             294821608         139        3650 SH   SOLE                                3,650
Escala Group Inc        com             29605W107       1,571      60,000 SH        SH-DEF                  2     60,000
ESTEE LAUDER CO CL A    CMN             518439104         112        3000 SH   SOLE                                3,000
EUROPEAN EQUITY FUND
INC                     CMN             298768102       1,638      158700 SH   SOLE                              158,700
EUROZINC MINING CORP    CMN             298804105         208      119000 SH   SOLE                              119,000
EUROZINC MINING CORP    EQUIT           298804105          17        9977 SH        SH-DEF                  1      9,977
Eurozinc Mining Corp    Equity          298804105         173     100,000 SH        SH-DEF                  1    100,000
Eurozinc Mining Corp    Equity          298804105         288     166,300 SH        SH-DEF                  1    166,300
EXELON CORPORATION      CMN             30161N101          37         700 SH   SOLE                                  700
Exfo Electro-Optic Eng
Sv                      Equity          302043104          25       3,200 SH        SH-DEF                  1      3,200
EXPRESS SCRIPTS INC     CMN             302182100           8          90 SH   SOLE                                   90
EXTENDICARE INC -CL A   EQUIT           30224T871          48        2261 SH        SH-DEF                  1      2,261
EXTENDICARE INC CL A
SVS                     CMN             30224T871         285       13345 SH   SOLE                               13,345
Extendicare Inc Sv      Equity          30224T871         106       5,000 SH        SH-DEF                  1      5,000
Extendicare Inc Sv      Equity          30224T871       1,186      56,200 SH        SH-DEF                  1     56,200
Extendicare Inc Sv      Equity          30224T871       8,498     402,650 SH        SH-DEF                  1    402,650
Exxon Mobil Corp        com             30231G102      22,118     363,427 SH   SOLE                              363,427
Exxon Mobil Corp        optP            30231G102       6,086     100,000 PUT  SOLE                              100,000
Exxon Mobil Corp        optP            30231G102      12,172     200,000 PUT  SOLE                              200,000
Exxon Mobil Corp        optP            30231G102      13,694     225,000 PUT  SOLE                              225,000
EXXON MOBIL CORP        EQUIT           30231G102      17,549      288537 SH   SOLE                              288,537
EXXON MOBIL CORP        OPT             30231G102      31,952      525000 PUT  SOLE                              525,000
Exxon Mobil Corp        com             30231G102         164       2,700 SH        SH-DEF                  2      2,700
Exxon Mobil Corp        optC            30231G102         356       5,844 CALL      SH-DEF                  2      5,844
Exxon Mobil Corp        optC            30231G102         383       6,299 CALL      SH-DEF                  2      6,299
EXXON MOBIL CORP        OPT             30231G102         195        3200 CALL      SH-DEF                  1      3,200
EXXON MOBIL CORPORATION CMN             30231G102      21,510      351286 SH   SOLE                              351,286
Exxon Mobil Corporation CMN             30231G102       2,434      40,000 SH   SOLE                               40,000
FAIRFAX FINANCIAL
HLDGS LTD               EQUIT           303901102         823        7743 SH   SOLE                                7,743
FAIRFAX FINANCIAL
HLDGS LTD               OPT             303901102         322        3000 PUT       SH-DEF                  1      3,000
Fairfax Financial
Holdings Limited, SV    CMN             303901102       4,237      39,800 SH   SOLE                               39,800
Fairfax Financial
Holdings Ltd            com             303901102       2,126      20,000 SH        SH-DEF                  2     20,000
FAIRFAX FINANCIAL
HOLDINGS LTD SV         CMN             303901102         664        6200 SH   SOLE                                6,200
FAIRMONT HOTELS &
RESORTS                 EQUIT           305204109      40,233      903822 SH   SOLE                              903,822
FAIRMONT HOTELS &
RESORTS INC             CMN             305204109       1,014       22620 SH   SOLE                               22,620
Falconbridge Limited,
LV                      CMN             306104100         701      20,000 SH   SOLE                               20,000
FALCONBRIDGE LTD        EQUIT           306104100     110,573     3161621 SH   SOLE                            3,161,621
FALCONBRIDGE LTD        EQUIT           306104100       8,348      238702 SH        SH-DEF                  1    238,702
FALCONBRIDGE LTD NEW
2005                    CMN             306104100      16,265      461647 SH   SOLE                              461,647
Falconbridge Ltd-New    Equity          306104100          10         300 SH        SH-DEF                  1        300
Falconbridge Ltd-New    Equity          306104100         873      25,000 SH        SH-DEF                  1     25,000
FANNIE MAE              CMN             313586109         807       15600 SH   SOLE                               15,600
FEDEX CORPORATION       CMN             31428X106          73         640 SH   SOLE                                  640
FELCOR LODGING TRUST
INC REIT                CMN             31430F101       1,244       58600 SH   SOLE                               58,600
FIFTH THIRD BANCORP     CMN             316773100         133        3360 SH   SOLE                                3,360
Finish Line             com             317923100           1          47 SH   SOLE                                   47
FIRST DATA CORPORATION  CMN             319963104         836       17750 SH   SOLE                               17,750
First Data Corporation  CMN             319963104         702      15,000 SH   SOLE                               15,000
FIRST HORIZON NATIONAL
CORP                    CMN             320517105          73        1750 SH   SOLE                                1,750
First Marblehead
Corp/The                com             320771108       2,163      50,000 SH        SH-DEF                  2     50,000
FIRSTENERGY CORP        CMN             337932107          34         700 SH   SOLE                                  700
FIRSTSERVICE CORP       EQUIT           33761N109          23         958 SH        SH-DEF                  1        958
FIRSTSERVICE CORP SVS   CMN             33761N109         188        7650 SH   SOLE                                7,650
FISERV INC              CMN             337738108         373        8715 SH   SOLE                                8,715
FLUOR CORPORATION       CMN             343412102          35         400 SH   SOLE                                  400
FNX MINING CO INC       EQUIT           30253R101           4         400 SH   SOLE                                  400
FNX MINING CO INC       EQUIT           30253R101           9         786 SH        SH-DEF                  1        786
Fnx Mining Company Inc  Equity          30253R101          58       5,200 SH        SH-DEF                  1      5,200
Ford Motor Co           optC            345370860       1,194     150,000 CALL SOLE                              150,000
FORD MOTOR CO           OPT             345370860       1,592      200000 CALL SOLE                              200,000
FORD MOTOR COMPANY      CMN             345370860         968  120893.453 SH   SOLE                              120,893
FORDING CANADIAN COAL
T/U                     CMN             345425102       1,899       49779 SH   SOLE                               49,779
FORDING CANADIAN COAL
TRUST                   EQUIT           345425102         594       15700 SH   SOLE                               15,700
FORDING CANADIAN COAL
TRUST                   EQUIT           345425102         527       13913 SH        SH-DEF                  1     13,913
Fording Cdn Coal T/U    Equity          345425102          19         500 SH        SH-DEF                  1        500
Four Seasons Hotels Inc cvb             35100E104      10,928     215,539 PRN  SOLE                              215,539
FOUR SEASONS HOTELS INC EQUIT           35100E104         809       15973 SH   SOLE                               15,973
Four Seasons Hotels Lvs Equity          3.51E+108         243       4,800 SH        SH-DEF                  1      4,800
FPL GROUP INC           CMN             302571104          57        1400 SH   SOLE                                1,400
FRANCE TELECOM ADR      CMN             35177Q105          65        2880 SH   SOLE                                2,880
FRANKLIN RESOURCES INC  CMN             354613101          13         140 SH   SOLE                                  140
FREDDIE MAC             CMN             313400301          57         925 SH   SOLE                                  925
FREEPORT MCMORAN
COPPER-B                CMN             35671D857       1,230       20453 SH   SOLE                               20,453
Freeport-McMoRan
Copper & Gold Inc.,
Class "B"               CMN             35671D857       1,195      20,000 SH   SOLE                               20,000
FREESCALE
SEMICONDUCTOR INC CL B  CMN             35687M206          29        1048 SH   SOLE                                1,048
FRESENIUS MEDICAL CARE
AG & CO KGAA            CMN             358029106         200        5000 SH   SOLE                                5,000
FRESH DEL MONTE
PRODUCE INC             CMN             G36738105         810       38050 SH   SOLE                               38,050
FUJI PHOTO FILM ADR
(NEW)                   CMN             359586302           4         105 SH   SOLE                                  105
Futuremedia Plc         adr             360912109           -       2,850 SH   SOLE                                2,850
GALLAGHER ARTHUR J & CO CMN             363576109          38        1375 SH   SOLE                                1,375
GAMESTOP CORP NEW
CLASS B                 CMN             36467W208           6         127 SH   SOLE                                  127
GAMMON LAKE RESOURCES
INC                     EQUIT           364915108          81        4500 SH   SOLE                                4,500
Gammon Lake Resources
Inc                     Equity          364915108           2         100 SH        SH-DEF                  1        100
GANNETT CO INC          CMN             364730101         559        9275 SH   SOLE                                9,275
GAP INC                 CMN             364760108           5         270 SH   SOLE                                  270
GENERAL DYNAMICS CORP   CMN             369550108          68        1050 SH   SOLE                                1,050
General Electric Co     optC            369604103       2,782      80,000 CALL SOLE                               80,000
General Electric Co     optC            369604103       6,260     180,000 CALL SOLE                              180,000
General Electric Co     optC            369604103      14,601     419,800 CALL SOLE                              419,800
General Electric Co     optP            369604103      15,999     460,000 PUT  SOLE                              460,000
GENERAL ELECTRIC CO     OPT             369604103      12,347      355000 PUT  SOLE                              355,000
GENERAL ELECTRIC CO     OPT             369604103      17,487      502800 CALL SOLE                              502,800
GENERAL ELECTRIC CO     OPT             369604103       3,478      100000 CALL      SH-DEF                  1    100,000
GENERAL ELECTRIC
COMPANY                 CMN             369604103      34,876      996653 SH   SOLE                              996,653
General Electric
Company                 CMN             369604103       3,478     100,000 SH   SOLE                              100,000
GENERAL MILLS INC       CMN             370334104          28         550 SH   SOLE                                  550
General Motors Corp     optC            370442105       1,064      50,000 CALL SOLE                               50,000
General Motors Corp     optC            370442105       3,191     150,000 CALL SOLE                              150,000
General Motors Corp     optC            370442105       5,318     250,000 CALL SOLE                              250,000
General Motors Corp     optC            370442105       6,381     300,000 CALL SOLE                              300,000
General Motors Corp     optP            370442105         111       5,200 PUT  SOLE                                5,200
General Motors Corp     optP            370442105       1,064      50,000 PUT  SOLE                               50,000
General Motors Corp     optP            370442105       2,127     100,000 PUT  SOLE                              100,000
GENERAL MOTORS CORP     OPT             370442105       9,572      450000 CALL SOLE                              450,000
GENERAL MOTORS CORP     OPT             370442105      13,936      655200 PUT  SOLE                              655,200
GENERAL MOTORS
CORPORATION             CMN             370442105         595       27790 SH   SOLE                               27,790
Genesys                 adr             37185M100           0         150 SH   SOLE                                  150
GENWORTH FINANCIAL INC
CL A                    CMN             37247D106          66        1970 SH   SOLE                                1,970
GERDAU AMERISTEEL CORP  EQUIT           37373P105          23        2500 SH   SOLE                                2,500
GERON CORP              CMN             374163103         692       82800 SH   SOLE                               82,800
GILDAN ACTIVEWEAR INC   EQUIT           375916103          66        1400 SH   SOLE                                1,400
GILDAN ACTIVEWEAR INC   EQUIT           375916103          29         611 SH        SH-DEF                  1        611
GILDAN ACTIVEWEAR INC
CL A SVS                CMN             375916103         376        7890 SH   SOLE                                7,890
GLAMIS GOLD LTD         EQUIT           376775102      34,445     1056500 SH   SOLE                            1,056,500
GLAMIS GOLD LTD         CMN             376775102         480       14610 SH   SOLE                               14,610
Glamis Gold Ltd         Equity          376775102          13         400 SH        SH-DEF                  1        400
GLAXOSMITHKLINE PLC ADR CMN             37733W105         626       11895 SH   SOLE                               11,895
GLENCAIRN GOLD CORP     CMN             377903109           0          33 SH   SOLE                                   33
GLOBAL SANTAFE
CORPORATION             CMN             G3930E101          18         300 SH   SOLE                                  300
Gold Fields Ltd         adr             38059T106          48          24 SH   SOLE                                   24
GOLD FIELDS LTD
SPONSORED ADR           CMN             38059T106          31        1400 SH   SOLE                                1,400
GOLDCORP INC            EQUIT           380956409     239,757     8199600 SH   SOLE                            8,199,600
GOLDCORP INC            CMN             380956409       4,923      167142 SH   SOLE                              167,142
GOLDCORP INC            OPT             380956409       2,925      100000 CALL      SH-DEF                  1    100,000
GOLDCORP INC            OPT             380956409      10,848      370800 CALL      SH-DEF                  1    370,800
Goldcorp Inc.           CMN             380956409       4,101     140,000 SH   SOLE                              140,000
Golden Star Res Ltd     Equity          38119T104          91      28,900 SH        SH-DEF                  1     28,900
GOLDEN STAR RESOURCES
LTD                     EQUIT           38119T104           3        1100 SH   SOLE                                1,100
GOLDEN WEST FINANCIAL
CORP                    CMN             381317106         184        2700 SH   SOLE                                2,700
GOLDMAN SACHS GROUP INC CMN             38141G104         234        1480 SH   SOLE                                1,480
GOODRICH CORP           CMN             382388106           4         100 SH   SOLE                                  100
GOODYEAR TIRE & RUBBER
CO                      CMN             382550101         359       24625 SH   SOLE                               24,625
GOODYEAR TIRE & RUBBER
CO                      OPT             382550101         937       64700 CALL      SH-DEF                  1     64,700
GOODYEAR TIRE & RUBBER
CO                      OPT             382550101         956       66000 PUT       SH-DEF                  1     66,000
Grey Wolf Inc           Equity          397888108         111      15,000 SH        SH-DEF                  1     15,000
GROUPE DANONE
SPONSORED ADR           CMN             399449107         137        5300 SH   SOLE                                5,300
GSI GROUP INC           EQUIT           36229U102           3         300 SH        SH-DEF                  1        300
Guidant Corp            Equity          401698105          78       1,000 SH        SH-DEF                  1      1,000
H&E Equipment Services
Inc                     com             404030108           3         100 SH   SOLE                                  100
HALLIBURTON CO.         CMN             406216101          37         500 SH   SOLE                                  500
Hansen Natural Corp     com             411310105          10          80 SH   SOLE                                   80
Harley-Davidson Inc     com             412822108       4,763      91,800 SH   SOLE                               91,800
Harley-Davidson Inc     optP            412822108      14,008     270,000 PUT  SOLE                              270,000
HARLEY-DAVIDSON INC     EQUIT           412822108       4,760       91800 SH   SOLE                               91,800
HARLEY-DAVIDSON INC     OPT             412822108      14,008      270000 PUT  SOLE                              270,000
HARTFORD FINANCIAL
SVCS GROUP INC          CMN             416515104          53         650 SH   SOLE                                  650
HARVEST ENERGY TRUST
T/U                     CMN             41752X101       1,069       36536 SH   SOLE                               36,536
HARVEST ENERGY
TRUST-UNITS             EQUIT           41752X101         113        3900 SH   SOLE                                3,900
HCA INC                 CMN             404119109       2,932       63645 SH   SOLE                               63,645
HCA Inc.                CMN             404119109       2,518      55,000 SH   SOLE                               55,000
HEALTH MGMT ASSOCIATES
INC NEW CL A            CMN             421933102         109        5000 SH   SOLE                                5,000
Hecla Mining Co         Equity          422704106         197      30,000 SH        SH-DEF                  1     30,000
HEINZ (H.J.) COMPANY    CMN             423074103         469       12298 SH   SOLE                               12,298
Helix Energy Solutions
Group Inc               cvb             42330P107       9,457     249,520 PRN  SOLE                              249,520
Henry Schein Inc        cvb             806407102       3,615      75,530 PRN  SOLE                               75,530
Hewlett-Packard Co      com             428236103      34,142   1,037,745 SH   SOLE                            1,037,745
Hewlett-Packard Co      optC            428236103       9,057     275,300 CALL SOLE                              275,300
Hewlett-Packard Co      optP            428236103      19,082     580,000 PUT  SOLE                              580,000
HEWLETT-PACKARD CO      OPT             428236103       9,057      275300 CALL SOLE                              275,300
HEWLETT-PACKARD CO      OPT             428236103       9,870      300000 PUT  SOLE                              300,000
HEWLETT-PACKARD CO      EQUIT           428236103      34,120     1037745 SH   SOLE                            1,037,745
HEWLETT-PACKARD COMPANY CMN             428236103         581       17548 SH   SOLE                               17,548
HITACHI LIMITED ADR     CMN             433578507         282        3960 SH   SOLE                                3,960
Home Depot Inc          optC            437076102      10,575     250,000 CALL SOLE                              250,000
HOME DEPOT INC          OPT             437076102      10,575      250000 CALL SOLE                              250,000
HOME DEPOT INC          CMN             437076102       6,509      152934 SH   SOLE                              152,934
Home Depot Inc. (The)   CMN             437076102       1,692      40,000 SH   SOLE                               40,000
HONDA MOTOR LTD
AMERICAN SHS            CMN             438128308       1,230       39490 SH   SOLE                               39,490
HONEYWELL
INTERNATIONAL INC       CMN             438516106         356        8275 SH   SOLE                                8,275
HOSPIRA INC             CMN             441060100          41        1032 SH   SOLE                                1,032
HOST MARRIOTT CORP      CMN             44107P104         215       10000 SH   SOLE                               10,000
House of Taylor
Jewelry Inc             com             44176R106           0           7 SH   SOLE                                    7
Housevalues Inc         com             44183Y102       1,154     140,000 SH        SH-DEF                  2    140,000
HRPT PROPERTIES TRUST   CMN             40426W101         413       35000 SH   SOLE                               35,000
HSBC HOLDINGS PLC
SPONS ADR               CMN             404280406       4,270       50655 SH   SOLE                               50,655
HUANENG POWER INTL ADR  CMN             443304100           6         200 SH   SOLE                                  200
Hub Intl Ltd            Equity          44332P101          33       1,200 SH        SH-DEF                  1      1,200
HUDSON CITY BANCORP INC CMN             443683107         177       13200 SH   SOLE                               13,200
HUMMINGBIRD LTD         EQUIT           44544R101           7         300 SH   SOLE                                  300
HUMMINGBIRD LTD         CMN             44544R101          21         900 SH   SOLE                                  900
HUNT J B TRANS SVCS INC CMN             445658107         137        6300 SH   SOLE                                6,300
HYDROGENICS CORP        CMN             448882100          12        3293 SH   SOLE                                3,293
IAMGOLD CORP            EQUIT           450913108          78        9100 SH   SOLE                                9,100
Iamgold Corp            Equity          450913108           1         100 SH        SH-DEF                  1        100
ILLINOIS TOOL WORKS INC CMN             452308109         429        4425 SH   SOLE                                4,425
IMATION CORPORATION     CMN             45245A107           4         100 SH   SOLE                                  100
Imax Corp               com             45245E109           0          20 SH   SOLE                                   20
Imax Corp               com             4.52E+113       2,284     225,000 SH        SH-DEF                  2    225,000
Imax Corp               Equity          4.52E+113          30       3,000 SH        SH-DEF                  1      3,000
Imax Corp               Equity          4.52E+113          93      $9,200 SH        SH-DEF                  1      9,200
Imax Corp               Equity          4.52E+113         101      10,000 SH        SH-DEF                  1     10,000
Imperial Oil Limited    CMN             453038408       9,700      90,000 SH   SOLE                               90,000
IMPERIAL OIL LTD        EQUIT           453038408     137,906     1281671 SH   SOLE                            1,281,671
IMPERIAL OIL LTD        CMN             453038408      54,004 498206.2957 SH   SOLE                              498,206
Imperial Oil Ltd        Equity          453038408          96         900 SH        SH-DEF                  1        900
Inco Limited            CMN             453258402       4,741      95,000 SH   SOLE                               95,000
Inco Limited            CMN             453258402         998      20,000 SH   SOLE                               20,000
Inco Limited            Equity          453258402           5         100 SH        SH-DEF                  1        100
Inco Limited            Equity          453258402          65       1,300 SH        SH-DEF                  1      1,300
INCO LTD                EQUIT           453258402      83,663     1679297 SH   SOLE                            1,679,297
INCO LTD                CMN             453258402       6,230      124122 SH   SOLE                              124,122
INCO LTD                OPT             453258402       1,446       29000 CALL      SH-DEF                  1     29,000
INCO LTD                EQUIT           453258402       1,541       30900 SH        SH-DEF                  1     30,900
INCO LTD                OPT             453258402       1,552       31100 CALL      SH-DEF                  1     31,100
INCO LTD                EQUIT           453258402       8,459      169784 SH        SH-DEF                  1    169,784
INDIA FUND INC          CMN             454089103         793       15600 SH   SOLE                               15,600
INFINEON TECHNOLOGIES
AG ADR                  CMN             45662N103         850       82200 SH   SOLE                               82,200
ING GROEP SPONSORED ADR CMN             456837103       2,737   69036.658 SH   SOLE                               69,037
INGERSOLL-RAND COMPANY
CL A                    CMN             G4776G101         273        6500 SH   SOLE                                6,500
Intel Corp              com             458140100           2         104 SH   SOLE                                  104
Intel Corp              optC            458140100       1,946     100,000 CALL SOLE                              100,000
Intel Corp              optC            458140100       1,946     100,000 CALL SOLE                              100,000
Intel Corp              optC            458140100       1,946     100,000 CALL SOLE                              100,000
Intel Corp              optC            458140100       6,325     325,000 CALL SOLE                              325,000
Intel Corp              optP            458140100       2,919     150,000 PUT  SOLE                              150,000
Intel Corp              optP            458140100       5,838     300,000 PUT  SOLE                              300,000
Intel Corp              optP            458140100       9,730     500,000 PUT  SOLE                              500,000
INTEL CORP              OPT             458140100       5,838      300000 CALL SOLE                              300,000
INTEL CORP              OPT             458140100      19,557     1005000 PUT  SOLE                            1,005,000
Intel Corp              com             458140100         566      29,100 SH        SH-DEF                  2     29,100
Intel Corp              optC            458140100          39       2,000 CALL      SH-DEF                  2      2,000
Intel Corp              optC            458140100         160       8,221 CALL      SH-DEF                  2      8,221
Intel Corp              optC            458140100         172       8,861 CALL      SH-DEF                  2      8,861
Intel Corp              optC            458140100         175       9,000 CALL      SH-DEF                  2      9,000
Intel Corp              optC            458140100         263      13,500 CALL      SH-DEF                  2     13,500
INTEL CORPORATION       CMN             458140100       2,490      127195 SH   SOLE                              127,195
Intel Corporation       CMN             458140100         387      20,000 SH   SOLE                               20,000
International Business
Machines Corp           com             459200101      18,991     230,281 SH   SOLE                              230,281
International Business
Machines Corp           optC            459200101         412       5,000 CALL SOLE                                5,000
International Business
Machines Corp           optC            459200101       3,299      40,000 CALL SOLE                               40,000
International Business
Machines Corp           optC            459200101       4,124      50,000 CALL SOLE                               50,000
International Business
Machines Corp           optC            459200101       8,247     100,000 CALL SOLE                              100,000
International Business
Machines Corp           optC            459200101       9,756     118,300 CALL SOLE                              118,300
International Business
Machines Corp           optC            459200101      12,371     150,000 CALL SOLE                              150,000
International Business
Machines Corp           optP            459200101         412       5,000 PUT  SOLE                                5,000
International Business
Machines Corp           optP            459200101       6,598      80,000 PUT  SOLE                               80,000
International Business
Machines Corp           optP            459200101      11,133     135,000 PUT  SOLE                              135,000
International Business
Machines Corp           optP            459200101      12,371     150,000 PUT  SOLE                              150,000
International Business
Machines Corp           optP            459200101      13,608     165,000 PUT  SOLE                              165,000
International Business
Machines Corp           optP            459200101      15,504     188,000 PUT  SOLE                              188,000
INTERNATIONAL BUSINESS
MACHINES CORP           CMN             459200101      10,105      121784 SH   SOLE                              121,784
International Business
Machines Corporation    CMN             459200101       2,886      35,000 SH   SOLE                               35,000
INTERNATIONAL FLAVORS
& FRAGRANCES            CMN             459506101         173        5000 SH   SOLE                                5,000
INTERNATIONAL PAPER
COMPANY                 CMN             460146103          38        1100 SH   SOLE                                1,100
INTERNATIONAL
RECTIFIER CORP          CMN             460254105          25         600 SH   SOLE                                  600
INTEROIL CORP           EQUIT           460951106          37        2800 SH   SOLE                                2,800
INTERPUBLIC GROUP OF
COMPANIES               CMN             460690100         107       11100 SH   SOLE                               11,100
INTERTAPE POLYMER
GROUP INC               EQUIT           460919103           6         700 SH   SOLE                                  700
INTERTAPE POLYMER
GROUP INC               CMN             460919103         311       36200 SH   SOLE                               36,200
INTL BUSINESS MACHINES
CORP                    EQUIT           459200101      17,436      211550 SH   SOLE                              211,550
INTL BUSINESS MACHINES
CORP                    OPT             459200101      33,705      408700 CALL SOLE                              408,700
INTL BUSINESS MACHINES
CORP                    OPT             459200101      53,853      653000 PUT  SOLE                              653,000
INTL BUSINESS MACHINES
CORP                    OPT             459200101       5,394       65400 CALL      SH-DEF                  1     65,400
INTRAWEST CORP          EQUIT           460915200         150        4400 SH   SOLE                                4,400
INTRAWEST CORPORATION   CMN             460915200          10         300 SH   SOLE                                  300
INTUIT INC              CMN             461202103         116        2175 SH   SOLE                                2,175
Ionatron Inc            com             462070103       3,076     227,699 SH        SH-DEF                  2    227,699
IPIX Corp               com             44982L103         531     384,914 SH        SH-DEF                  2    384,914
IPSCO INC               EQUIT           462622101      45,543      439774 SH   SOLE                              439,774
IPSCO INC               CMN             462622101         681        6525 SH   SOLE                                6,525
Ipsco Inc               Equity          462622101          21         200 SH        SH-DEF                  1        200
Ipsco Inc               Equity          462622101          52         500 SH        SH-DEF                  1        500
iRobot Corp             com             462726100       1,890      67,999 SH        SH-DEF                  2     67,999
ISHARES INC MSCI
TAIWAN INDEX FUND       CMN             464286731         155       12100 SH   SOLE                               12,100
ISHARES INC MSCI UK     CMN             464286699         284       14000 SH   SOLE                               14,000
ISHARES MSCI EAFE
INDEX FUND              CMN             464287465          69        1050 SH   SOLE                                1,050
ISHARES MSCI EMERGING
MKTS INDEX              CMN             464287234          37         375 SH   SOLE                                  375
ISHARES MSCI EMU        CMN             464286608         114        1300 SH   SOLE                                1,300
ISHARES MSCI HONG KONG
INDEX FUND              CMN             464286871          15        1100 SH   SOLE                                1,100
ISHARES MSCI JAPAN
INDEX FUND              CMN             464286848         646       44550 SH   SOLE                               44,550
ISHARES NASDAQ BIOTECH
INDEX FUND              CMN             464287556           8         100 SH   SOLE                                  100
ISHARES TR RUSSEL 2000
INDEX FUND              CMN             464287655           4          50 SH   SOLE                                   50
ISHARES TRUST DJ SEL
DIV                     CMN             464287168          32         500 SH   SOLE                                  500
ISHARES TRUST FTSE
XINHAU HK INDEX         CMN             464287184         150        2000 SH   SOLE                                2,000
ITC Deltacom Inc        com             45031T872           0          62 SH   SOLE                                   62
Ivanhoe Energy Inc      com             465790103           5       2,000 SH   SOLE                                2,000
IVANHOE ENERGY INC      EQUIT           465790103          63       22800 SH   SOLE                               22,800
IVANHOE MINES LTD       EQUIT           46579N103          62        6500 SH   SOLE                                6,500
IVANHOE MINES LTD       CMN             46579N103          56        5900 SH   SOLE                                5,900
Ivanhoe Mines Ltd       Equity          46579N103         179      18,800 SH        SH-DEF                  1     18,800
Ivanhoe Mines Ltd       Equity          46579N103         432      45,500 SH        SH-DEF                  1     45,500
JDS UNIPHASE
CORPORATION             CMN             46612J101       1,132      269800 SH   SOLE                              269,800
JetBlue Airways Corp    cvb             477143101       1,513     141,176 PRN  SOLE                              141,176
Johnson & Johnson       optC            478160104      11,844     200,000 CALL SOLE                              200,000
Johnson & Johnson       optC            478160104      12,436     210,000 CALL SOLE                              210,000
Johnson & Johnson       optP            478160104       2,961      50,000 PUT  SOLE                               50,000
Johnson & Johnson       optP            478160104       8,883     150,000 PUT  SOLE                              150,000
Johnson & Johnson       optP            478160104       9,475     160,000 PUT  SOLE                              160,000
JOHNSON & JOHNSON       OPT             478160104      12,436      210000 CALL SOLE                              210,000
JOHNSON & JOHNSON       OPT             478160104      21,319      360000 PUT  SOLE                              360,000
JOHNSON & JOHNSON       CMN             478160104      28,736      482282 SH   SOLE                              482,282
Johnson & Johnson       CMN             478160104       5,419      91,500 SH   SOLE                               91,500
Johnson & Johnson       com             478160104         426       7,200 SH        SH-DEF                  2      7,200
Johnson & Johnson       optC            478160104          30         500 CALL      SH-DEF                  2        500
Johnson & Johnson       optC            478160104         207       3,500 CALL      SH-DEF                  2      3,500
Johnson & Johnson       optC            478160104         237       4,000 CALL      SH-DEF                  2      4,000
Johnson & Johnson       optC            478160104         272       4,601 CALL      SH-DEF                  2      4,601
Johnson & Johnson       optC            478160104         294       4,959 CALL      SH-DEF                  2      4,959
JOHNSON CONTROLS INC    CMN             478366107          21         275 SH   SOLE                                  275
JONES APPAREL GROUP INC CMN             480074103           7         200 SH   SOLE                                  200
JPMorgan Chase & Co     optC            46625H100       2,582      62,000 CALL SOLE                               62,000
JPMorgan Chase & Co     optP            46625H100       3,331      80,000 PUT  SOLE                               80,000
JPMORGAN CHASE & CO     OPT             46625H100       3,331       80000 PUT  SOLE                               80,000
JPMORGAN CHASE & CO     OPT             46625H100       4,664      112000 CALL SOLE                              112,000
JPMORGAN CHASE & CO     CMN             46625H100       2,748       65586 SH   SOLE                               65,586
JPMorgan Chase & Co     com             46625H100         321       7,700 SH        SH-DEF                  2      7,700
JPMorgan Chase & Co     optC            46625H100         239       5,728 CALL      SH-DEF                  2      5,728
JPMorgan Chase & Co     optC            46625H100         257       6,174 CALL      SH-DEF                  2      6,174
JPMorgan Chase & Co     optC            46625H100         324       7,778 CALL      SH-DEF                  2      7,778
JPMORGAN CHASE & CO     OPT             46625H100       3,169       76100 CALL      SH-DEF                  1     76,100
JPMORGAN CHASE & CO     OPT             46625H100       3,169       76100 PUT       SH-DEF                  1     76,100
KANSAS CITY SOUTHERN    CMN             485170302          12         500 SH   SOLE                                  500
Kellogg Co              com             487836108         571      12,961 SH   SOLE                               12,961
KELLOGG CO              EQUIT           487836108         570       12961 SH   SOLE                               12,961
KELLOGG COMPANY         CMN             487836108          22         500 SH   SOLE                                  500
KIMBERLY-CLARK
CORPORATION             CMN             494368103       2,674       45990 SH   SOLE                               45,990
KINDER MORGAN ENERGY
PARTNERS LPU            CMN             494550106          24         500 SH   SOLE                                  500
KINDER MORGAN INC       CMN             49455P101       1,434       15490 SH   SOLE                               15,490
KINDER MORGAN
MANAGEMENT LLC          CMN             49455U100         913       20622 SH   SOLE                               20,622
KINGSWAY FINANCIAL
SERVICES                EQUIT           496904103       1,536       75720 SH   SOLE                               75,720
KINGSWAY FINANCIAL
SERVICES INC            CMN             496904103         372       18215 SH   SOLE                               18,215
KINROSS GOLD CORP       EQUIT           496902404      17,153     1574605 SH   SOLE                            1,574,605
Kinross Gold Corp  New  Equity          496902404          13       1,200 SH        SH-DEF                  1      1,200
Kinross Gold
Corporation             CMN             496902404       2,619     240,000 SH   SOLE                              240,000
KINROSS GOLD
CORPORATION NO PAR      CMN             496902404       1,310      119378 SH   SOLE                              119,378
KOHL'S CORP             CMN             500255104         539       10100 SH   SOLE                               10,100
KONINKLIJKE AHOLD NV
SPONSORED ADR           CMN             500467303           3         380 SH   SOLE                                  380
KONINKLIJKE PHILIPS
ELECTRONICS             CMN             500472303         103        3036 SH   SOLE                                3,036
KOOKMIN BANK SPONSORED
ADR                     CMN             50049M109         510        5925 SH   SOLE                                5,925
KOREA ELECTRIC POWER
CO SPONS ADR            CMN             500631106       1,749       80500 SH   SOLE                               80,500
KOREA FUND INC          CMN             500634100         793       20700 SH   SOLE                               20,700
KRAFT FOODS INC CL A    CMN             50075N104          30        1000 SH   SOLE                                1,000
KRISPY KREME DOUGHNUTS
INC                     CMN             501014104           9        1000 SH   SOLE                                1,000
Krispy Kreme Doughnuts
Inc                     com             501014104       2,470     275,000 SH        SH-DEF                  2    275,000
KROGER CO               CMN             501044101         457       22289 SH   SOLE                               22,289
KT CORP SPONSORED ADR   CMN             48268K101         946       44125 SH   SOLE                               44,125
L-3 COMMUNICATIONS
HOLDINGS                CMN             502424104         112        1300 SH   SOLE                                1,300
LABORATORY CORP OF
AMER HOLDINGS           CMN             50540R409         594       10100 SH   SOLE                               10,100
LAFARGE NORTH AMERICA
INC                     CMN             505862102           4          47 SH   SOLE                                   47
LAFARGE SPONSORED ADR   CMN             505861401          29        1000 SH   SOLE                                1,000
LAS VEGAS SANDS INC     CMN             517834107         114        2000 SH   SOLE                                2,000
Leapfrog Enterprises
Inc                     com             52186N106       1,115     105,000 SH        SH-DEF                  2    105,000
LEAR CORP               CMN             521865105           5         300 SH   SOLE                                  300
LEUCADIA NATIONAL CORP  CMN             527288104         186        3100 SH   SOLE                                3,100
LEVITT CORP FLA CLASS A CMN             52742P108         521       23500 SH   SOLE                               23,500
LEXMARK INTERNATIONAL
INC                     CMN             529771107           2          50 SH   SOLE                                   50
Liberty Global Inc      com             530555101           0          15 SH   SOLE                                   15
Liberty Global Inc      com             530555200           0          20 SH   SOLE                                   20
LIBERTY GLOBAL INC CL A CMN             530555101          70        3375 SH   SOLE                                3,375
LIBERTY GLOBAL INC
SERIES C WI             CMN             530555309          67        3375 SH   SOLE                                3,375
LIBERTY MEDIA CORP NEW
SER A                   CMN             530718105         144       17440 SH   SOLE                               17,440
LIFE TIME FITNESS INC   CMN             53217R207          28         600 SH   SOLE                                  600
LIFEPOINT HOSPITALS INC CMN             53219L109         790       25249 SH   SOLE                               25,249
LILLY (ELI) & COMPANY   CMN             532457108         734       13192 SH   SOLE                               13,192
LIMITED BRANDS INC      CMN             532716107          10         400 SH   SOLE                                  400
LINCOLN NATIONAL
CORPORATION             CMN             534187109         407        7415 SH   SOLE                                7,415
LINEAR TECHNOLOGY CORP  CMN             535678106          16         450 SH   SOLE                                  450
Linktone Ltd            adr             535925101           -         410 SH   SOLE                                  410
Liquidity Services Inc  com             53635B107           1         100 SH   SOLE                                  100
LIZ CLAIBORNE INC       CMN             539320101         206        5000 SH   SOLE                                5,000
Lockheed Martin Corp    com             539830109       2,077      27,644 SH   SOLE                               27,644
LOCKHEED MARTIN CORP    EQUIT           539830109       2,076       27644 SH   SOLE                               27,644
LOCKHEED MARTIN
CORPORATION             CMN             539830109          23         300 SH   SOLE                                  300
LOEWS CORPORATION       CMN             540424108         185        1815 SH   SOLE                                1,815
LORUS THERAPEUTICS INC  CMN             544191109           0         500 SH   SOLE                                  500
Loudeye Corp            com             545754103           0          10 SH   SOLE                                   10
LOWE'S COMPANIES        CMN             548661107         919       14175 SH   SOLE                               14,175
Lowe's Cos Inc          cvb             548661107       5,546      86,060 PRN  SOLE                               86,060
Lucent Technologies Inc com             549463107          13       4,115 SH   SOLE                                4,115
LUCENT TECHNOLOGIES INC CMN             549463107         284       92523 SH   SOLE                               92,523
Lufkin Industries Inc   com             549764108           2          30 SH   SOLE                                   30
Luxottica Group SpA     adr             55068R202           1         100 SH        SH-DEF                  2        100
LYONDELL CHEMICAL
COMPANY                 EQUIT           552078107         229       11500 SH   SOLE                               11,500
M & T BANK CORPORATION  CMN             55261F104         126        1100 SH   SOLE                                1,100
Magna Cv/Cb  7.25%
15Dc09                  Bond            559211AC1       1,048   1,000,000 PRN       SH-DEF                  1  1,000,000
MAGNA ENTERTAINMENT
CORP CL A               CMN             559211107           3         440 SH   SOLE                                  440
MAGNA INTERNATIONAL
INC CL A SVS            CMN             559222401       2,706       35650 SH   SOLE                               35,650
MAGNA INTERNATIONAL
INC-CL A                EQUIT           559222401      87,482     1161060 SH   SOLE                            1,161,060
MAGNA INTERNATIONAL
INC-CL A                EQUIT           559222401       2,000       26538 SH        SH-DEF                  1     26,538
MANULIFE FINANCIAL CORP EQUIT           56501R106   1,126,901    17975672 SH   SOLE                           17,975,672
MANULIFE FINANCIAL CORP CMN             56501R106      24,319      385075 SH   SOLE                              385,075
Manulife Financial Corp com             56501R106          94       1,500 SH        SH-DEF                  2      1,500
Manulife Financial Corp optC            56501R106         419       6,687 CALL      SH-DEF                  2      6,687
Manulife Financial Corp optC            56501R106         451       7,201 CALL      SH-DEF                  2      7,201
Manulife Financial Corp Equity          56501R106          13         200 SH        SH-DEF                  1        200
Manulife Financial Corp Equity          56501R106          63       1,000 SH        SH-DEF                  1      1,000
Manulife Financial Corp Equity          56501R106         138       2,200 SH        SH-DEF                  1      2,200
Manulife Financial
Corporation             CMN             56501R106       7,222     115,000 SH   SOLE                              115,000
MARATHON OIL
CORPORATION             CMN             565849106         819       10685 SH   SOLE                               10,685
MARSH & MCLENNAN
COMPANIES INC           CMN             571748102         395       13380 SH   SOLE                               13,380
Martha Stewart Living
Omnimedia               com             573083102       2,645     157,000 SH        SH-DEF                  2    157,000
MASCO CORPORATION       CMN             574599106         445       13600 SH   SOLE                               13,600
MATSUSHITA ELECTRIC
INDL CO ADR             CMN             576879209         215        9650 SH   SOLE                                9,650
Maverick Tube Corp      cvb             577914104       1,815      34,258 PRN  SOLE                               34,258
Maverick Tube Corp      cvb             577914104       3,917      73,923 PRN  SOLE                               73,923
Maverick Tube Corp      cvb             577914104       6,529     123,205 PRN  SOLE                              123,205
MCCORMICK & CO INC NON
VTG                     CMN             579780206          78        2300 SH   SOLE                                2,300
McDonald's Corp         com             580135101       8,051     234,300 SH   SOLE                              234,300
McDonald's Corp         optC            580135101       1,718      50,000 CALL SOLE                               50,000
McDonald's Corp         optC            580135101       3,072      89,400 CALL SOLE                               89,400
McDonald's Corp         optC            580135101       3,092      90,000 CALL SOLE                               90,000
McDonald's Corp         optC            580135101       5,154     150,000 CALL SOLE                              150,000
McDonald's Corp         optC            580135101       8,590     250,000 CALL SOLE                              250,000
McDonald's Corp         optC            580135101       9,872     287,300 CALL SOLE                              287,300
McDonald's Corp         optC            580135101      10,308     300,000 CALL SOLE                              300,000
McDonald's Corp         optP            580135101         594      17,300 PUT  SOLE                               17,300
McDonald's Corp         optP            580135101         818      23,800 PUT  SOLE                               23,800
McDonald's Corp         optP            580135101       5,498     160,000 PUT  SOLE                              160,000
McDonald's Corp         optP            580135101       8,040     234,000 PUT  SOLE                              234,000
MCDONALD'S CORP         EQUIT           580135101       8,045      234300 SH   SOLE                              234,300
MCDONALD'S CORP         OPT             580135101      18,386      535100 PUT  SOLE                              535,100
MCDONALD'S CORP         OPT             580135101      44,074     1282700 CALL SOLE                            1,282,700
MCDONALD'S CORPORATION  CMN             580135101         370       10715 SH   SOLE                               10,715
MCGRAW-HILL COMPANIES
INC                     CMN             580645109          78        1345 SH   SOLE                                1,345
MDS INC                 EQUIT           55269P302      26,498     1473047 SH   SOLE                            1,473,047
MDS INC                 CMN             55269P302         386       21315 SH   SOLE                               21,315
MDS Inc                 com             55269P302           2         120 SH        SH-DEF                  2        120
MDS Inc                 com             55269P302         367      20,408 SH        SH-DEF                  2     20,408
MDS Inc                 optC            55269P302          36       2,000 CALL      SH-DEF                  2      2,000
MDS Inc                 optC            55269P302         234      13,000 CALL      SH-DEF                  2     13,000
MDS Inc                 optC            55269P302         271      15,039 CALL      SH-DEF                  2     15,039
MDS Inc                 optC            55269P302         291      16,196 CALL      SH-DEF                  2     16,196
MDS Inc                 optC            55269P302         360      20,000 CALL      SH-DEF                  2     20,000
Mds Inc                 Equity          55269P302           9         495 SH        SH-DEF                  1        495
Meade Instruments Corp  com             583062104           0          82 SH   SOLE                                   82
MEDCO HEALTH SOLUTIONS
INC                     CMN             58405U102          63        1094 SH   SOLE                                1,094
Medis Technologies Ltd  com             58500P107       1,848      79,200 SH        SH-DEF                  2     79,200
MEDTRONIC INC           CMN             585055106         267        5228 SH   SOLE                                5,228
MEDTRONIC INC           OPT             585055106         122        2400 CALL      SH-DEF                  1      2,400
MELLON FINANCIAL CORP   CMN             58551A108          77        2140 SH   SOLE                                2,140
MENTOR CORPORATION
MINNESOTA               CMN             587188103          23         500 SH   SOLE                                  500
Merck & Co Inc          optC            589331107       4,228     120,000 CALL SOLE                              120,000
Merck & Co Inc          optC            589331107       4,580     130,000 CALL SOLE                              130,000
Merck & Co Inc          optC            589331107       5,285     150,000 CALL SOLE                              150,000
Merck & Co Inc          optC            589331107       7,046     200,000 CALL SOLE                              200,000
Merck & Co Inc          optC            589331107       7,046     200,000 CALL SOLE                              200,000
Merck & Co Inc          optC            589331107       8,808     250,000 CALL SOLE                              250,000
Merck & Co Inc          optC            589331107      14,092     400,000 CALL SOLE                              400,000
Merck & Co Inc          optP            589331107         705      20,000 PUT  SOLE                               20,000
Merck & Co Inc          optP            589331107       5,285     150,000 PUT  SOLE                              150,000
Merck & Co Inc          optP            589331107      11,626     330,000 PUT  SOLE                              330,000
MERCK & CO INC          CMN             589331107       1,826       51520 SH   SOLE                               51,520
Merck & Co Inc          com             589331107         416      11,800 SH        SH-DEF                  2     11,800
Merck & Co Inc          optC            589331107          19         528 CALL      SH-DEF                  2        528
Merck & Co Inc          optC            589331107         112       3,169 CALL      SH-DEF                  2      3,169
Merck & Co Inc          optC            589331107         138       3,909 CALL      SH-DEF                  2      3,909
Merck & Co Inc          optC            589331107         180       5,107 CALL      SH-DEF                  2      5,107
Merck & Co Inc          optC            589331107         194       5,504 CALL      SH-DEF                  2      5,504
MERCK & CO. INC.        OPT             589331107       5,285      150000 PUT  SOLE                              150,000
MERCK & CO. INC.        OPT             589331107      44,038     1250000 CALL SOLE                            1,250,000
MERIDIAN GOLD INC       EQUIT           589975101         295       10000 SH   SOLE                               10,000
Meridian Gold Inc       Equity          589975101          30       1,000 SH        SH-DEF                  1      1,000
Meridian Gold Inc       Equity          589975101         133       4,500 SH        SH-DEF                  1      4,500
MERRILL LYNCH & CO INC  CMN             590188108         544        6865 SH   SOLE                                6,865
MERRILL LYNCH & CO INC  OPT             590188108         788       10000 CALL      SH-DEF                  1     10,000
METHANEX CORP           CMN             59151K108         410       19900 SH   SOLE                               19,900
METHANEX CORP           EQUIT           59151K108         437       21344 SH        SH-DEF                  1     21,344
METLIFE INC             CMN             59156R108         163        3345 SH   SOLE                                3,345
METLIFE INC             OPT             59156R108       4,837      100000 CALL      SH-DEF                  1    100,000
MI DEVELOPMENTS INC CL
A SVS                   CMN             55304X104          19         550 SH   SOLE                                  550
MI DEVELOPMENTS INC-CL
A                       EQUIT           55304X104       3,220       92506 SH   SOLE                               92,506
Mi Developments-A Sv    Equity          55304X104         262       7,800 SH        SH-DEF                  1      7,800
MICRON TECHNOLOGY INC   CMN             595112103         335       22597 SH   SOLE                               22,597
Microsoft Corp          com             594918104         310      11,397 SH   SOLE                               11,397
Microsoft Corp          com             594918104       7,174     263,641 SH   SOLE                              263,641
Microsoft Corp          optC            594918104       2,041      75,000 CALL SOLE                               75,000
Microsoft Corp          optC            594918104       2,721     100,000 CALL SOLE                              100,000
Microsoft Corp          optC            594918104       9,524     350,000 CALL SOLE                              350,000
Microsoft Corp          optC            594918104      14,421     530,000 CALL SOLE                              530,000
Microsoft Corp          optP            594918104       2,041      75,000 PUT  SOLE                               75,000
Microsoft Corp          optP            594918104       2,721     100,000 PUT  SOLE                              100,000
Microsoft Corp          optP            594918104       9,524     350,000 PUT  SOLE                              350,000
Microsoft Corp          optP            594918104      14,421     530,000 PUT  SOLE                              530,000
MICROSOFT CORP          EQUIT           594918104       4,096      150624 SH   SOLE                              150,624
MICROSOFT CORP          OPT             594918104       9,524      350000 CALL SOLE                              350,000
MICROSOFT CORP          OPT             594918104       9,524      350000 PUT  SOLE                              350,000
Microsoft Corp          com             594918104         435      16,000 SH        SH-DEF                  2     16,000
Microsoft Corp          optC            594918104          48       1,777 CALL      SH-DEF                  2      1,777
Microsoft Corp          optC            594918104         181       6,667 CALL      SH-DEF                  2      6,667
Microsoft Corp          optC            594918104         280      10,274 CALL      SH-DEF                  2     10,274
Microsoft Corp          optC            594918104         301      11,074 CALL      SH-DEF                  2     11,074
Microsoft Corp          optC            594918104         405      14,890 CALL      SH-DEF                  2     14,890
MICROSOFT CORPORATION   CMN             594918104       6,854      250376 SH   SOLE                              250,376
Microsoft Corporation   CMN             594918104       3,129     115,000 SH   SOLE                              115,000
MicroStrategy Inc       com             594972408           2          16 SH   SOLE                                   16
Midway Games Inc        com             598148104         644      69,900 SH        SH-DEF                  2     69,900
MILLEA HOLDINGS INC ADR CMN             60032R106           4          40 SH   SOLE                                   40
Minco Mng & Metals Corp Equity          60253L101          13       5,000 SH        SH-DEF                  1      5,000
MINEFINDERS CORP        EQUIT           602900102          28        3600 SH   SOLE                                3,600
Minefinders Corp Ltd    Equity          602900102          34       4,400 SH        SH-DEF                  1      4,400
Minefinders Corp Ltd    Equity          602900102         146      19,000 SH        SH-DEF                  1     19,000
MITSUBISHI UFJ FINL
GROUP INC ADR           CMN             606822104         138        9015 SH   SOLE                                9,015
Monarch Casino &
Resort Inc              com             609027107           4         127 SH   SOLE                                  127
Monogram Biosciences
Inc                     com             60975U108           4       2,184 SH   SOLE                                2,184
MONSANTO COMPANY        CMN             61166W101          87        1019 SH   SOLE                                1,019
MOODY'S CORP            CMN             615369105          14         200 SH   SOLE                                  200
MORGAN STANLEY          CMN             617446448         133        2100 SH   SOLE                                2,100
MORGAN STANLEY
ASIA-PACIFIC FUND       CMN             61744U106          59        3500 SH   SOLE                                3,500
Motorola Inc            optC            620076109       3,437     150,000 CALL SOLE                              150,000
Motorola Inc            optP            620076109       3,437     150,000 PUT  SOLE                              150,000
MOTOROLA INC            OPT             620076109       3,437      150000 CALL SOLE                              150,000
MOTOROLA INC            OPT             620076109       3,437      150000 PUT  SOLE                              150,000
MOTOROLA INC            CMN             620076109         486       21105 SH   SOLE                               21,105
MOTOROLA INC            OPT             620076109       2,002       87400 PUT       SH-DEF                  1     87,400
M-Wave Inc/IL           com             554034108           0         300 SH   SOLE                                  300
NASDAQ 100 - TRUST
SHARES                  CMN             631100104          98        2325 SH   SOLE                                2,325
NASDAQ-100 INDEX
TRCKNG STCK             EQUIT           631100104       2,221       52983 SH   SOLE                               52,983
NASDAQ-100 INDEX
TRCKNG STCK             EQUIT           631100104       3,752       89500 SH        SH-DEF                  1     89,500
NASDAQ-100 INDEX
TRCKNG STCK             EQUIT           631100104       8,171      195000 SH        SH-DEF                  1    195,000
NASHUA CORPORATION      CMN             631226107           0          12 SH   SOLE                                   12
NASTECH PHARMACEUTICAL
CO                      OPT             631728409         491       27300 PUT       SH-DEF                  1     27,300
NATIONAL CITY CORP      CMN             635405103          23         650 SH   SOLE                                  650
NATIONAL GRID GROUP
PLC ADR NEW             CMN             636274300         185        3695 SH   SOLE                                3,695
NATIONAL WESTMINSTER
BANK ADR                CMN             638539700          95        3700 SH   SOLE                                3,700
Navigant International
Inc                     com             63935R108           1          65 SH   SOLE                                   65
NAVISTAR INTL CORP      CMN             63934E108          64        2300 SH   SOLE                                2,300
NEENAH PAPER INC        CMN             640079109           6         180 SH   SOLE                                  180
Neomagic Corp-New       Equity          640497202           2         340 SH        SH-DEF                  1        340
Neorx Corp  New         Equity          640520300          33      25,070 SH        SH-DEF                  1     25,070
NET Servicos de
Comunicacao SA          adr             64109T102           0          20 SH   SOLE                                   20
NEUROCHEM INC           EQUIT           64125K101          10         700 SH   SOLE                                  700
Neurochem Inc           com             64125K101         771      55,000 SH        SH-DEF                  2     55,000
Neurocrine Biosciences
Inc                     com             64125C109           5          80 SH   SOLE                                   80
Nevsun Resources Ltd    Equity          64156L101          49      17,500 SH        SH-DEF                  1     17,500
NEW GERMANY FUND INC    CMN             644465106         737       56400 SH   SOLE                               56,400
New Gold Inc            Equity          644535106          38       7,267 SH        SH-DEF                  1      7,267
NEW YORK COMMUNITY
BANCORP                 OPT             649445103         345       19700 CALL      SH-DEF                  1     19,700
NEW YORK TIMES COMPANY
CL A                    CMN             650111107         264       10384 SH   SOLE                               10,384
NEWFIELD EXPLORATION CO CMN             651290108          17         400 SH   SOLE                                  400
Newmont Mining Corp     Equity          651639106         155       3,000 SH        SH-DEF                  1      3,000
Newmont Mining Corp     Equity          651639106         207       4,000 SH        SH-DEF                  1      4,000
NEWMONT MINING
CORP-HOLDING COMPANY    CMN             651639106       4,351       83333 SH   SOLE                               83,333
Newmont Mining
Corporation             CMN             651639106       4,151      80,000 SH   SOLE                               80,000
News Corporation
Limited, Class "A"
(The)                   CMN             65248E104         914      55,000 SH   SOLE                               55,000
NEXEN INC               EQUIT           65334H102     148,922     2706540 SH   SOLE                            2,706,540
NEXEN INC               CMN             65334H102       9,852      177739 SH   SOLE                              177,739
NEXEN INC               OPT             65334H102       2,698       49000 CALL      SH-DEF                  1     49,000
Nexen Inc               Equity          65334H102         538       9,767 SH        SH-DEF                  1      9,767
Nexen Inc               Equity          65334H102       2,543      46,200 SH        SH-DEF                  1     46,200
Nexen Inc.              CMN             65334H102       1,102      20,000 SH   SOLE                               20,000
NIDEC CORP SPONSORED
ADR                     CMN             654090109         656       31900 SH   SOLE                               31,900
Nike Inc                com             654106103       7,416      87,150 SH   SOLE                               87,150
Nike Inc                optC            654106103         766       9,000 CALL SOLE                                9,000
Nike Inc                optC            654106103       2,298      27,000 CALL SOLE                               27,000
Nike Inc                optC            654106103      21,275     250,000 CALL SOLE                              250,000
Nike Inc                optP            654106103       4,255      50,000 PUT  SOLE                               50,000
Nike Inc                optP            654106103       4,502      52,900 PUT  SOLE                               52,900
Nike Inc                optP            654106103       4,681      55,000 PUT  SOLE                               55,000
Nike Inc                optP            654106103       5,140      60,400 PUT  SOLE                               60,400
NIKE INC CL B           CMN             654106103           5          55 SH   SOLE                                   55
NIKE INC -CL B          EQUIT           654106103       7,412       87150 SH   SOLE                               87,150
NIKE INC -CL B          OPT             654106103      18,577      218300 PUT  SOLE                              218,300
NIKE INC -CL B          OPT             654106103      24,339      286000 CALL SOLE                              286,000
NIKE INC -CL B          OPT             654106103       1,447       17000 CALL      SH-DEF                  1     17,000
NIKE INC -CL B          OPT             654106103       2,315       27200 PUT       SH-DEF                  1     27,200
NIPPON TELEGRAPH &
TELEPHONE ADR           CMN             654624105         222       10236 SH   SOLE                               10,236
NOBLE CORPORATION       CMN             G65422100          16         200 SH   SOLE                                  200
NOKIA CORP ADR          CMN             654902204         659       31630 SH   SOLE                               31,630
Nokia Oyj, Sponsored
ADR                     CMN             654902204       1,140      55,000 SH   SOLE                               55,000
NOMURA HOLDINGS INC
SPONSORED ADR           CMN             65535H208          69        3100 SH   SOLE                                3,100
NORFOLK SOUTHERN CORP   CMN             655844108           8         150 SH   SOLE                                  150
NORSK HYDRO SPONSORED
ADR                     CMN             656531605         139        1000 SH   SOLE                                1,000
NORTEL NETWORKS CORP    EQUIT           656568102      22,893     7493743 SH   SOLE                            7,493,743
NORTEL NETWORKS CORP    CMN             656568102       1,757  570941.705 SH   SOLE                              570,942
Nortel Networks Corp    com             656568102      31,528  10,320,249 SH        SH-DEF                  2 10,320,249
NORTEL NETWORKS CORP    EQUIT           656568102       5,774     1890167 SH        SH-DEF                  1  1,890,167
Nortel Networks Corp
New                     Equity          656568102          26       8,400 SH        SH-DEF                  1      8,400
North American
Palladium Ltd           com             656912102       2,217     190,000 SH        SH-DEF                  2    190,000
NORTH FORK
BANCORPORATION INC      CMN             659424105         818       28199 SH   SOLE                               28,199
Northern Orion
Resources               Equity          665575106          10       2,292 SH        SH-DEF                  1      2,292
Northern Orion
Resources               Equity          665575106          70      15,600 SH        SH-DEF                  1     15,600
NORTHERN ORION
RESOURCES INC           EQUIT           665575106          20        4400 SH   SOLE                                4,400
NORTHGATE MINERALS CORP CMN             666416102         182       75174 SH   SOLE                               75,174
NORTHROP GRUMMAN CORP   CMN             666807102          10         150 SH   SOLE                                  150
NorthWestern Corp       com             668074305           6         200 SH   SOLE                                  200
NOVA CHEMICALS CORP     EQUIT           66977W109      26,569      932681 SH   SOLE                              932,681
NOVA CHEMICALS CORP     CMN             66977W109         717       24985 SH   SOLE                               24,985
NOVA CHEMICALS CORP     EQUIT           66977W109       1,055       37027 SH        SH-DEF                  1     37,027
Nova Chemicals Corp     Equity          66977W109          28       1,000 SH        SH-DEF                  1      1,000
Nova Chemicals Corp     Equity          66977W109          40       1,400 SH        SH-DEF                  1      1,400
Nova Chemicals Corp     Equity          66977W109         536      18,800 SH        SH-DEF                  1     18,800
NOVAGOLD RESOURCES INC  EQUIT           66987E206          30        2000 SH   SOLE                                2,000
NOVAGOLD RESOURCES INC  CMN             66987E206          61        4000 SH   SOLE                                4,000
NOVARTIS AG SPONSORED
ADR                     CMN             66987V109         323        5785 SH   SOLE                                5,785
Novastar Financial Inc  com             669947400       2,742      82,000 SH        SH-DEF                  2     82,000
Novatel Wireless Inc    com             66987M604         142      15,912 SH   SOLE                               15,912
Novatel Wireless Inc    optC            66987M604         644      72,000 CALL SOLE                               72,000
Novatel Wireless Inc    optP            66987M604         895     100,000 PUT  SOLE                              100,000
NOVATEL WIRELESS INC    EQUIT           66987M604         142       15912 SH   SOLE                               15,912
NOVATEL WIRELESS INC    OPT             66987M604         644       72000 CALL SOLE                               72,000
NOVATEL WIRELESS INC    OPT             66987M604         895      100000 PUT  SOLE                              100,000
NOVELIS INC             EQUIT           67000X106      14,233      694181 SH   SOLE                              694,181
NOVELIS INC             CMN             67000X106         423       20490 SH   SOLE                               20,490
NOVELIS INC             EQUIT           67000X106         522       25451 SH        SH-DEF                  1     25,451
NOVO-NORDISK A/S ADR    CMN             670100205          31         500 SH   SOLE                                  500
NPS PHARMACEUTICALS INC CMN             62936P103           1          97 SH   SOLE                                   97
NUANCE COMMUNICATIONS
INC                     CMN             67020Y100         119       10000 SH   SOLE                               10,000
NVE Corp                com             629445206           0          21 SH   SOLE                                   21
NYSE GROUP INC          CMN             62949W103         375        4700 SH   SOLE                                4,700
NYSE Group Inc          com             62949W103       1,585      20,000 SH        SH-DEF                  2     20,000
Nyse Group Inc          Equity          62949W103          79       1,000 SH        SH-DEF                  1      1,000
OCCIDENTAL PETROLEUM
CORP                    CMN             674599105         186        2000 SH   SOLE                                2,000
Odyssey Re Holdings
Corp                    com             67612W108       1,085      50,000 SH        SH-DEF                  2     50,000
OFFICE DEPOT INC        CMN             676220106          20         525 SH   SOLE                                  525
Olympic Steel Inc       com             68162K106           2          63 SH   SOLE                                   63
OMNI ENERGY SERVICES
CORP                    CMN             68210T208          36        8000 SH   SOLE                                8,000
Omnicare Inc            cvb             681904108       4,138      75,252 PRN  SOLE                               75,252
OMNICOM GROUP INC       CMN             681919106           2          25 SH   SOLE                                   25
ONCOLYTICS BIOTECH INC  CMN             682310107           3         605 SH   SOLE                                  605
Onyx Pharmaceuticals
Inc                     com             683399109           1          40 SH   SOLE                                   40
OPEN TEXT CORP          EQUIT           683715106          61        3700 SH   SOLE                                3,700
Oracle Corp             optC            68389X105       1,492     109,000 CALL SOLE                              109,000
Oracle Corp             optC            68389X105       2,054     150,000 CALL SOLE                              150,000
Oracle Corp             optP            68389X105       1,369     100,000 PUT  SOLE                              100,000
Oracle Corp             optP            68389X105       2,054     150,000 PUT  SOLE                              150,000
Oracle Corp             optP            68389X105       2,738     200,000 PUT  SOLE                              200,000
ORACLE CORP             OPT             68389X105       1,492      109000 CALL SOLE                              109,000
ORACLE CORP             OPT             68389X105       4,107      300000 PUT  SOLE                              300,000
ORACLE CORPORATION      CMN             68389X105       1,539      111730 SH   SOLE                              111,730
Oracle Corporation      CMN             68389X105         821      60,000 SH   SOLE                               60,000
ORBITAL SCIENCES CORP   CMN             685564106           3         200 SH   SOLE                                  200
Overstock.com Inc       com             690370101       3,399     114,000 SH        SH-DEF                  2    114,000
OWENS-ILLINOIS INC      CMN             690768403           6         350 SH   SOLE                                  350
PAN American Silver
Corp                    com             697900108           3         109 SH   SOLE                                  109
PAN AMERICAN SILVER
CORP                    EQUIT           697900108          45        1800 SH   SOLE                                1,800
PAN AMERICAN SILVER
CORP                    CMN             697900108          25        1000 SH   SOLE                                1,000
Pan American Silver
Corp                    Equity          697900108          18         700 SH        SH-DEF                  1        700
PARKER DRILLING CO      CMN             701081101          33        3500 SH   SOLE                                3,500
PARKER HANNIFIN CORP    CMN             701094104           7          90 SH   SOLE                                   90
PARTNERRE LTD           CMN             G6852T105         125        2000 SH   SOLE                                2,000
PATHMARK STORES INC     CMN             70322A101          60        5700 SH   SOLE                                5,700
PEARSON PLC SPONSORED
ADR                     CMN             705015105          27        1950 SH   SOLE                                1,950
PENN TREATY AMERICAN
CORP NEW                CMN             707874400          46        5000 SH   SOLE                                5,000
PepsiCo Inc             optC            713448108       8,669     150,000 CALL SOLE                              150,000
PEPSICO INC             OPT             713448108       8,669      150000 CALL SOLE                              150,000
PEPSICO INC             CMN             713448108      13,906      239171 SH   SOLE                              239,171
PEPSICO INC             OPT             713448108       5,779      100000 CALL      SH-DEF                  1    100,000
PepsiCo Inc.            CMN             713448108       2,601      45,000 SH   SOLE                               45,000
PETRO-CANADA            EQUIT           71644E102     261,473     5517482 SH   SOLE                            5,517,482
PETRO-CANADA            CMN             71644E102      23,312      488308 SH   SOLE                              488,308
Petro-Canada            CMN             71644E102       9,020     190,000 SH   SOLE                              190,000
Petro-Canada            com             7.16E+106         104       2,200 SH        SH-DEF                  2      2,200
Petro-Canada            optC            7.16E+106         527      11,130 CALL      SH-DEF                  2     11,130
Petro-Canada            optC            7.16E+106         568      11,986 CALL      SH-DEF                  2     11,986
PETRO-CANADA            OPT             7.16E+106       1,422       30000 CALL      SH-DEF                  1     30,000
Petro-Canada-Com        Equity          7.16E+106         142       3,000 SH        SH-DEF                  1      3,000
Petro-Canada-Com        Equity          7.16E+106         834      17,600 SH        SH-DEF                  1     17,600
Petrofund Energy T/U    Equity          71648W108         152       7,000 SH        SH-DEF                  1      7,000
PETROFUND ENERGY TRUST  EQUIT           71648W108         133        6100 SH   SOLE                                6,100
PETROFUND ENERGY TRUST
T/U                     CMN             71648W108       2,169       99027 SH   SOLE                               99,027
PETROLEO BRASILEIRO
S.A. ADR                CMN             71654V101         570        7100 SH   SOLE                                7,100
PETSMART INC            CMN             716768106          54        1900 SH   SOLE                                1,900
Pfizer Inc              optC            717081103       2,804     112,500 CALL SOLE                              112,500
Pfizer Inc              com             717081103         747      29,968 SH   SOLE                               29,968
Pfizer Inc              optC            717081103       1,034      41,500 CALL SOLE                               41,500
Pfizer Inc              optC            717081103       2,804     112,500 CALL SOLE                              112,500
Pfizer Inc              optC            717081103       3,738     150,000 CALL SOLE                              150,000
Pfizer Inc              optC            717081103       3,738     150,000 CALL SOLE                              150,000
Pfizer Inc              optC            717081103       8,722     350,000 CALL SOLE                              350,000
Pfizer Inc              optC            717081103       9,968     400,000 CALL SOLE                              400,000
Pfizer Inc              optC            717081103      13,831     555,000 CALL SOLE                              555,000
Pfizer Inc              optP            717081103           5         200 PUT  SOLE                                  200
Pfizer Inc              optP            717081103       1,433      57,500 PUT  SOLE                               57,500
Pfizer Inc              optP            717081103       1,869      75,000 PUT  SOLE                               75,000
Pfizer Inc              optP            717081103       2,492     100,000 PUT  SOLE                              100,000
Pfizer Inc              optP            717081103       2,492     100,000 PUT  SOLE                              100,000
Pfizer Inc              optP            717081103       3,738     150,000 PUT  SOLE                              150,000
Pfizer Inc              optP            717081103       6,355     255,000 PUT  SOLE                              255,000
Pfizer Inc              optP            717081103      16,198     650,000 PUT  SOLE                              650,000
Pfizer Inc              optP            717081103      24,920   1,000,000 PUT  SOLE                            1,000,000
PFIZER INC              OPT             717081103      46,002     1846000 CALL SOLE                            1,846,000
PFIZER INC              OPT             717081103      69,719     2797700 PUT  SOLE                            2,797,700
PFIZER INC              CMN             717081103      13,131      523724 SH   SOLE                              523,724
Pfizer Inc              optC            717081103         305      12,250 CALL      SH-DEF                  2     12,250
Pfizer Inc              com             717081103         247       9,900 SH        SH-DEF                  2      9,900
Pfizer Inc              optC            717081103         163       6,529 CALL      SH-DEF                  2      6,529
Pfizer Inc              optC            717081103         175       7,038 CALL      SH-DEF                  2      7,038
PFIZER INC              EQUIT           717081103         498       20000 SH        SH-DEF                  1     20,000
PFIZER INC              OPT             717081103      11,962      480000 CALL      SH-DEF                  1    480,000
Pfizer Inc.             CMN             717081103       2,866     115,000 SH   SOLE                              115,000
PG & E CORPORATION      CMN             69331C108           6         156 SH   SOLE                                  156
PHELPS DODGE CORP       OPT             717265102       4,027       50000 PUT       SH-DEF                  1     50,000
PHELPS DODGE CORP       OPT             717265102       8,053      100000 CALL      SH-DEF                  1    100,000
PHELPS DODGE
CORPORATION             CMN             717265102         142        1750 SH   SOLE                                1,750
PHOTRONICS INC          CMN             719405102         601       31800 SH   SOLE                               31,800
PLUM CREEK TIMBER
COMPANY INC             CMN             729251108          15         400 SH   SOLE                                  400
Portalplayer Inc        com             736187204           1          38 SH   SOLE                                   38
PORTUGAL TELECOM SGPS
SA                      CMN             737273102           2         160 SH   SOLE                                  160
POSCO SPONSORED ADR     CMN             693483109          25         400 SH   SOLE                                  400
Potash Corp Of Sask Inc Equity          73755L107         123       1,400 SH        SH-DEF                  1      1,400
POTASH CORP OF
SASKATCHEWAN            EQUIT           73755L107      94,940     1079254 SH   SOLE                            1,079,254
POTASH CORPORATION OF
SASKATCHEWAN            CMN             73755L107       1,103       12450 SH   SOLE                               12,450
Powerwave Technologies
Inc                     com             739363109           2         158 SH   SOLE                                  158
PPG INDUSTRIES INC      CMN             693506107          19         296 SH   SOLE                                  296
PRA International       CMN             69353C101       4,486      181072 SH   SOLE                              181,072
PRAXAIR INC             CMN             74005P104         223        4010 SH   SOLE                                4,010
PRECISION DRILLING T/U  CMN             740215108         242        7441 SH   SOLE                                7,441
Precision Drilling T/U  Equity          740215108         954      29,600 SH        SH-DEF                  1     29,600
Precision Drilling T/U  Equity          740215108       2,096      65,000 SH        SH-DEF                  1     65,000
PRECISION DRILLING
TRUST                   EQUIT           740215108         574       17800 SH   SOLE                               17,800
Prg-Schultz Intl Inc    Equity          69357C107          12      20,000 SH        SH-DEF                  1     20,000
Primewest Energy
T/U-New                 Equity          741930309          23         800 SH        SH-DEF                  1        800
PRIMEWEST ENERGY TRUST  EQUIT           741930309         124        4400 SH   SOLE                                4,400
PRIMEWEST ENERGY TRUST
T/U                     CMN             741930309         318       11175 SH   SOLE                               11,175
Procter & Gamble Co     com             742718109       1,576      27,342 SH   SOLE                               27,342
Procter & Gamble Co     optC            742718109       8,068     140,000 CALL SOLE                              140,000
Procter & Gamble Co     optC            742718109      10,062     174,600 CALL SOLE                              174,600
Procter & Gamble Co     optC            742718109      12,679     220,000 CALL SOLE                              220,000
Procter & Gamble Co     optP            742718109       4,801      83,300 PUT  SOLE                               83,300
Procter & Gamble Co     optP            742718109       5,815     100,900 PUT  SOLE                              100,900
Procter & Gamble Co     optP            742718109       9,221     160,000 PUT  SOLE                              160,000
Procter & Gamble Co     optP            742718109      17,289     300,000 PUT  SOLE                              300,000
PROCTER & GAMBLE CO     OPT             742718109      19,398      336600 CALL SOLE                              336,600
PROCTER & GAMBLE CO     OPT             742718109      31,310      543300 PUT  SOLE                              543,300
PROCTER & GAMBLE
COMPANY                 CMN             742718109      20,939   361121.53 SH   SOLE                              361,122
Procter & Gamble
Company (The)           CMN             742718109       3,745      65,000 SH   SOLE                               65,000
PROGRESS ENERGY INC     CMN             743263105           3          65 SH   SOLE                                   65
PROVIDENT ENERGY TRUST
T/U                     CMN             74386K104         425       37800 SH   SOLE                               37,800
PROVIDENT ENERGY
TRUST-UTS               EQUIT           74386K104          73        6586 SH   SOLE                                6,586
PRUDENTIAL FINANCIAL
INC                     CMN             744320102         774       10150 SH   SOLE                               10,150
PUBLIC SERVICE
ENTERPRISE GROUP        CMN             744573106          32         500 SH   SOLE                                  500
PUGET ENERGY INC        CMN             745310102           4         200 SH   SOLE                                  200
QLT INC                 EQUIT           746927102         301       39149 SH   SOLE                               39,149
QLT INC                 CMN             746927102         336       43400 SH   SOLE                               43,400
QLT Inc                 com             746927102         104      13,500 SH        SH-DEF                  2     13,500
QLT Inc                 optC            746927102          77      10,068 CALL      SH-DEF                  2     10,068
QLT Inc                 optC            746927102          83      10,842 CALL      SH-DEF                  2     10,842
Qlt Inc                 Equity          746927102           9       1,200 SH        SH-DEF                  1      1,200
Qualcomm Inc            com             747525103           9         187 SH   SOLE                                  187
QUALCOMM INC            OPT             747525103       2,784       55000 CALL      SH-DEF                  1     55,000
Quality Systems Inc     com             747582104           2          50 SH   SOLE                                   50
QUEBECOR WORLD INC      EQUIT           748203106      22,964     2341693 SH   SOLE                            2,341,693
QUEBECOR WORLD INC      EQUIT           748203106       6,015      613348 SH        SH-DEF                  1    613,348
QUEBECOR WORLD INC SVS  CMN             748203106          27        2720 SH   SOLE                                2,720
QUEST DIAGNOSTICS INC   CMN             74834L100         263        5090 SH   SOLE                                5,090
Quest Software Inc      com             74834T103           0          24 SH   SOLE                                   24
Quigley Corp/The        com             74838L304           1          98 SH   SOLE                                   98
Quinenco SA             adr             748718103         190     150,000 SH   SOLE                              150,000
R.R Donnelley & Sons    Equity          257867101           2          69 SH        SH-DEF                  1         69
R.R Donnelley & Sons    Equity          257867101          10         320 SH        SH-DEF                  1        320
RAYONIER INC            CMN             754907103       1,000       21799 SH   SOLE                               21,799
RAYTHEON COMPANY        CMN             755111507          87        1881 SH   SOLE                                1,881
REAL NETWORKS INC       CMN             75605L104         415       50000 SH   SOLE                               50,000
REED ELSEVIER NV
SPONSORED ADR           CMN             758204101          58        2000 SH   SOLE                                2,000
RENAISSANCERE HOLDINGS
LTD                     CMN             G7496G103         329        7500 SH   SOLE                                7,500
Republic Airways
Holdings Inc            com             760276105           2         140 SH   SOLE                                  140
RESEARCH IN MOTION      EQUIT           760975102       9,788      115668 SH   SOLE                              115,668
RESEARCH IN MOTION      EQUIT           760975102       2,460       29074 SH        SH-DEF                  1     29,074
RESEARCH IN MOTION LTD  CMN             760975102         422        4950 SH   SOLE                                4,950
Research In Motion Ltd  Equity          760975102          17         200 SH        SH-DEF                  1        200
REXAM PLC SPONSORED ADR CMN             761655406          29         600 SH   SOLE                                  600
RIO NARCEA GOLD MINES
LTD                     CMN             766909105       1,144      584500 SH   SOLE                              584,500
RIO NARCEA GOLD MINES
LTD                     EQUIT           766909105           2         900 SH        SH-DEF                  1        900
RIO TINTO PLC
SPONSORED ADR           CMN             767204100          10          50 SH   SOLE                                   50
RITCHIE BROS.
AUCTIONEERS             CMN             767744105         105        2100 SH   SOLE                                2,100
RITCHIE BROS.
AUCTIONEERS             EQUIT           767744105           1          23 SH        SH-DEF                  1         23
Rogers Communication-B
Nv                      Equity          775109200         168       4,400 SH        SH-DEF                  1      4,400
Rogers Communication-B
Nv                      Equity          775109200         267       7,000 SH        SH-DEF                  1      7,000
Rogers Communication-B
Nv                      Equity          775109200       2,537      66,600 SH        SH-DEF                  1     66,600
ROGERS COMMUNICATIONS
-CL B                   EQUIT           775109200      91,736     2406348 SH   SOLE                            2,406,348
ROGERS COMMUNICATIONS
-CL B                   EQUIT           775109200       9,082      238235 SH        SH-DEF                  1    238,235
Rogers Communications
Inc                     com             775109200         660      17,300 SH        SH-DEF                  2     17,300
Rogers Communications
Inc                     optC            775109200         111       2,900 CALL      SH-DEF                  2      2,900
Rogers Communications
Inc                     optC            775109200         572      15,000 CALL      SH-DEF                  2     15,000
Rogers Communications
Inc                     optC            775109200         762      20,000 CALL      SH-DEF                  2     20,000
ROGERS COMMUNICATIONS
INC CL B                CMN             775109200       1,501       39094 SH   SOLE                               39,094
Rogers Communications
Inc., Class "B" NV      CMN             775109200       9,123     238,900 SH   SOLE                              238,900
ROYAL BANK OF CANADA    EQUIT           780087102   2,211,679    52499928 SH   SOLE                           52,499,928
ROYAL BANK OF CANADA    CMN             780087102      82,551     1945132 SH   SOLE                            1,945,132
Royal Bank of Canada    CMN             780087102      32,722     775,400 SH   SOLE                              775,400
Royal Bank of Canada    CMN             780087102       5,486     130,000 SH   SOLE                              130,000
Royal Bank of Canada    com             780087102         253       6,000 SH        SH-DEF                  2      6,000
Royal Bank of Canada    optC            780087102         118       2,800 CALL      SH-DEF                  2      2,800
Royal Bank of Canada    optC            780087102         248       5,897 CALL      SH-DEF                  2      5,897
Royal Bank of Canada    optC            780087102         337       8,000 CALL      SH-DEF                  2      8,000
Royal Bank of Canada    optC            780087102         443      10,526 CALL      SH-DEF                  2     10,526
Royal Bank of Canada    optC            780087102         478      11,336 CALL      SH-DEF                  2     11,336
Royal Bank of Canada    optC            780087102         758      18,000 CALL      SH-DEF                  2     18,000
ROYAL BANK OF CANADA    OPT             780087102         169        4000 CALL      SH-DEF                  1      4,000
ROYAL BANK OF CANADA    OPT             780087102       4,215      100000 PUT       SH-DEF                  1    100,000
ROYAL BANK OF CANADA    EQUIT           780087102      26,552      630278 SH        SH-DEF                  1    630,278
Royal Bank Of Canada    Equity          780087102       4,683     111,100 SH        SH-DEF                  1    111,100
Royal Bank of Canada    Equity          780087102       7,870     367,700 SH        SH-DEF                  1    367,700
ROYAL BANK OF SCOTLAND
E PFD                   CMN             780097705         180        7000 SH   SOLE                                7,000
ROYAL BANK SCOTLAND
SPONS ADR SER K         CMN             780097820          69        2700 SH   SOLE                                2,700
ROYAL DUTCH SHELL PLC
ADR                     CMN             780259206       3,274       52270 SH   SOLE                               52,270
ROYAL DUTCH SHELL PLC
SPON ADR                CMN             780259107         108        1651 SH   SOLE                                1,651
ROYAL GROUP
TECHNOLOGIES LTD        EQUIT           779915107       1,073      115119 SH   SOLE                              115,119
Royal Grp Tech Ltd      Equity          779915107          73       7,900 SH        SH-DEF                  1      7,900
ROYCE VALUE TRUST       CMN             780910105         195        9300 SH   SOLE                                9,300
RR DONNELLEY & SONS CO  EQUIT           257867101           1          44 SH        SH-DEF                  1         44
RSA Security Inc        com             749719100           1          50 SH   SOLE                                   50
RYERSON INC             CMN             78375P107         442       16400 SH   SOLE                               16,400
S&P MID-CAP 400
DEPOSIT RECEIPT         CMN             595635103          18         125 SH   SOLE                                  125
S1 Corp                 com             78463B101           1         271 SH   SOLE                                  271
SAFEWAY INC             CMN             786514208         770       30470 SH   SOLE                               30,470
SAN JUAN BASIN ROYALTY
TRUST UNIT              CMN             798241105         165        4000 SH   SOLE                                4,000
SANMINA-SCI CORP        CMN             800907107           5        1200 SH   SOLE                                1,200
SANOFI-AVENTIS
SPONSORED ADR           CMN             80105N105       1,451       30394 SH   SOLE                               30,394
SAP AKTIENGESELLSCHAFT
SPON ADR                CMN             803054204          71        1300 SH   SOLE                                1,300
SARA LEE CORPORATION    CMN             803111103         122        6780 SH   SOLE                                6,780
SASOL LIMITED
SPONSORED ADR           CMN             803866300         266        7000 SH   SOLE                                7,000
SatCon Technology Corp  com             803893106           2         993 SH   SOLE                                  993
SAVVIS Inc              com             805423100           5       3,660 SH   SOLE                                3,660
SCHERING-PLOUGH
CORPORATION             CMN             806605101         714       37370 SH   SOLE                               37,370
Schlumberger Limited    CMN             806857108         633       5,000 SH   SOLE                                5,000
SCHLUMBERGER LTD        CMN             806857108         679        5335 SH   SOLE                                5,335
SCHLUMBERGER LTD        OPT             806857108       1,899       15000 CALL      SH-DEF                  1     15,000
SCHWAB,CHARLES CORP     CMN             808513105          12         675 SH   SOLE                                  675
SCOTTS MIRACLE-GRO
COMPANY                 CMN             810186106          76        1650 SH   SOLE                                1,650
SCRIPPS (E.W.) CO       CMN             811054204         117        2600 SH   SOLE                                2,600
SEABRIDGE GOLD INC      CMN             811916105          89       10000 SH   SOLE                               10,000
SeraCare Life Sciences
Inc                     com             81747Q100           7       1,825 SH   SOLE                                1,825
SERVICE CORPORATION
INTERNATIONAL           CMN             817565104          39        5000 SH   SOLE                                5,000
SFBC International Inc  com             784121105       1,829      75,000 SH        SH-DEF                  2     75,000
Shanda Interactive
Entertainment Ltd       adr             81941Q203           -         118 SH   SOLE                                  118
Shaw Communication-B Nv Equity          82028K200           5         200 SH        SH-DEF                  1        200
Shaw Communication-B Nv Equity          82028K200         100       4,200 SH        SH-DEF                  1      4,200
Shaw Communications Inc optC            82028K200       5,958     250,000 CALL      SH-DEF                  2    250,000
Shaw Communications Inc optC            82028K200       5,958     250,000 CALL      SH-DEF                  2    250,000
Shaw Communications Inc optC            82028K200       5,958     250,000 CALL      SH-DEF                  2    250,000
SHAW COMMUNICATIONS
INC CL B NVS            CMN             82028K200         629       26185 SH   SOLE                               26,185
SHAW COMMUNICATIONS
INC-B                   EQUIT           82028K200      45,080     1891520 SH   SOLE                            1,891,520
SHAW COMMUNICATIONS
INC-B                   EQUIT           82028K200       6,318      265079 SH        SH-DEF                  1    265,079
SIEMENS AG SPONSORED
ADR                     CMN             826197501          28         300 SH   SOLE                                  300
SIERRA WIRELESS INC     EQUIT           826516106         262       22500 SH        SH-DEF                  1     22,500
Sierra Wireless Inc     Equity          826516106           1          46 SH        SH-DEF                  1         46
SILVER STANDARD
RESOURCES INC           CMN             82823L106           0          11 SH   SOLE                                   11
SILVER WHEATON CORP     EQUIT           828336107          15        1384 SH        SH-DEF                  1      1,384
Silver Wheaton Corp     Equity          828336107           3         300 SH        SH-DEF                  1        300
Sirius Satellite Radio
Inc                     com             82966U103           2         386 SH   SOLE                                  386
SLM Corp                cvb             78442P106      14,171     272,826 PRN  SOLE                              272,826
SMITH & NEPHEW PLC
SPONSORED ADR           CMN             83175M205       1,881       41900 SH   SOLE                               41,900
SMITHFIELD FOODS INC    CMN             832248108          53        1800 SH   SOLE                                1,800
SMUCKER (J.M.) CO       CMN             832696405           3          78 SH   SOLE                                   78
SMURFIT-STONE
CONTAINER CORP          CMN             832727101          58        4250 SH   SOLE                                4,250
Sodexho Alliance SA     adr             833792104          54       2,500 SH        SH-DEF                  2      2,500
Solectron Corp          cvb             834182107       4,138   1,034,470 PRN  SOLE                            1,034,470
SOLECTRON CORPORATION   CMN             834182107          13        3206 SH   SOLE                                3,206
Sonus Networks Inc      com             835916107           0          10 SH   SOLE                                   10
SONY CORP SPONSORED ADR CMN             835699307          27         580 SH   SOLE                                  580
SOUTHERN CO             EQUIT           842587107       3,421      104469 SH        SH-DEF                  1    104,469
SOUTHERN COMPANY        CMN             842587107           6         188 SH   SOLE                                  188
Southern Copper Corp    com             84265V105       2,957      35,000 SH        SH-DEF                  2     35,000
SOUTHWEST AIRLINES CO   CMN             844741108           5         270 SH   SOLE                                  270
SOUTHWEST GAS CORP      CMN             844895102          25         900 SH   SOLE                                  900
SPDR TRUST SERIES 1     EQUIT           78462F103         467        3600 SH   SOLE                                3,600
SPDR TRUST SERIES 1     EQUIT           78462F103          39         300 SH        SH-DEF                  1        300
SPDR TRUST SERIES 1     OPT             78462F103       2,038       15700 PUT       SH-DEF                  1     15,700
SPDR TRUST UNITS
SERIES 1                CMN             78462F103         580        4439 SH   SOLE                                4,439
SPRINT NEXTEL CORP FON
SHS                     CMN             852061100         194        7450 SH   SOLE                                7,450
SPX Corp                com             784635104           -           1 SH        SH-DEF                  2          1
SPX CORPORATION         CMN             784635104          55        1030 SH   SOLE                                1,030
ST PAUL TRAVELERS COS
INC                     CMN             792860108          17         402 SH   SOLE                                  402
St Paul Travelers Cos
Inc/The                 com             792860108           -           1 SH        SH-DEF                  2          1
Stamps.com Inc          com             852857200           3          77 SH   SOLE                                   77
STANTEC INC             CMN             85472N109          15         400 SH   SOLE                                  400
STAPLES INC             CMN             855030102          26        1000 SH   SOLE                                1,000
STARBUCKS CORPORATION   CMN             855244109          83        2200 SH   SOLE                                2,200
STARWOOD HOTELS &
RESORTS WWD INC         CMN             85590A203          20         300 SH   SOLE                                  300
STATE STREET CORP       CMN             857477103          16         260 SH   SOLE                                  260
STATOIL ASA SPONSORED
ADR                     CMN             85771P102          69        2400 SH   SOLE                                2,400
StemCells Inc           com             85857R105           0          20 SH   SOLE                                   20
STMICROELECTRONICS NY
REG SHS                 CMN             861012102          95        5160 SH   SOLE                                5,160
Stratex Networks Inc    com             86279T109          11       1,825 SH   SOLE                                1,825
STREET TRACKS GOLD
TRUST                   CMN             863307104         158        2700 SH   SOLE                                2,700
streetTRACKS Gold Trust CMN             863307104         581      10,000 SH   SOLE                               10,000
STRYKER CORPORATION     CMN             863667101         268        6000 SH   SOLE                                6,000
Sulphco Inc             com             865378103         638      76,000 SH        SH-DEF                  2     76,000
Sulphco Inc             Equity          865378103         119      14,200 SH        SH-DEF                  1     14,200
SUN LIFE FINANCIAL INC  EQUIT           866796105     412,728     9714298 SH   SOLE                            9,714,298
SUN LIFE FINANCIAL INC  CMN             866796105      13,031      304461 SH   SOLE                              304,461
Sun Life Financial Inc  Equity          866796105         213       5,000 SH        SH-DEF                  1      5,000
Sun Life Financial Inc. CMN             866796105       9,789     230,000 SH   SOLE                              230,000
Sun Life Financial Inc. CMN             866796105       5,320     125,000 SH   SOLE                              125,000
Sun Microsystems Inc    optC            866810104       1,539     300,000 CALL SOLE                              300,000
Sun Microsystems Inc    optC            866810104       1,539     300,000 CALL SOLE                              300,000
Sun Microsystems Inc    optC            866810104       5,130   1,000,000 CALL SOLE                            1,000,000
Sun Microsystems Inc    optC            866810104       7,695   1,500,000 CALL SOLE                            1,500,000
SUN MICROSYSTEMS INC    OPT             866810104       1,539      300000 CALL SOLE                              300,000
SUN MICROSYSTEMS INC    CMN             866810104          55       10708 SH   SOLE                               10,708
SUN MICROSYSTEMS INC    OPT             866810104         513      100000 CALL      SH-DEF                  1    100,000
SUNCOM WIRELESS         CMN             86722Q108       4,162     2141871 SH   SOLE                            2,141,871
SUNCOR ENERGY INC       EQUIT           867229106     327,955     4275893 SH   SOLE                            4,275,893
SUNCOR ENERGY INC       CMN             867229106      19,694      254880 SH   SOLE                              254,880
SUNCOR ENERGY INC       OPT             867229106         770       10000 CALL      SH-DEF                  1     10,000
SUNCOR ENERGY INC       EQUIT           867229106       3,494       45400 SH        SH-DEF                  1     45,400
Suncor Energy Inc       Equity          867229106         100       1,300 SH        SH-DEF                  1      1,300
Suncor Energy Inc       Equity          867229106       1,082      14,100 SH        SH-DEF                  1     14,100
Suncor Energy Inc       Equity          867229106       1,994      26,000 SH        SH-DEF                  1     26,000
Suncor Energy Inc.      CMN             867229106       3,457      45,000 SH   SOLE                               45,000
Sunopta Inc             Equity          8676EP108          57       6,700 SH        SH-DEF                  1      6,700
SUPERVALU INC           CMN             868536103           6         200 SH   SOLE                                  200
SWISS HELVETIA FUND INC CMN             870875101         202       12000 SH   SOLE                               12,000
Symantec Corp           com             871503108       1,993     118,392 SH   SOLE                              118,392
Symantec Corp           optC            871503108         842      50,000 CALL SOLE                               50,000
Symantec Corp           optP            871503108         842      50,000 PUT  SOLE                               50,000
Symantec Corp           optP            871503108       1,683     100,000 PUT  SOLE                              100,000
Symantec Corp           optP            871503108       4,406     261,800 PUT  SOLE                              261,800
Symantec Corp           optP            871503108       6,732     400,000 PUT  SOLE                              400,000
SYMANTEC CORP           OPT             871503108         842       50000 CALL SOLE                               50,000
SYMANTEC CORP           EQUIT           871503108       1,991      118392 SH   SOLE                              118,392
SYMANTEC CORP           OPT             871503108      13,663      811800 PUT  SOLE                              811,800
SYMANTEC CORP           OPT             871503108       1,296       77000 CALL      SH-DEF                  1     77,000
SYMANTEC CORP           OPT             871503108       2,979      177000 PUT       SH-DEF                  1    177,000
SYSCO CORPORATION       CMN             871829107         149        4625 SH   SOLE                                4,625
TAIWAN SEMICONDUCTOR
SP ADR                  CMN             874039100           4         396 SH   SOLE                                  396
TALISMAN ENERGY INC     EQUIT           87425E103     167,107     3148688 SH   SOLE                            3,148,688
TALISMAN ENERGY INC     CMN             87425E103       9,450      176625 SH   SOLE                              176,625
Talisman Energy Inc     com             8.74E+107           -           1 SH        SH-DEF                  2          1
Talisman Energy Inc     com             8.74E+107         133       2,500 SH        SH-DEF                  2      2,500
Talisman Energy Inc     optC            8.74E+107         664      12,506 CALL      SH-DEF                  2     12,506
Talisman Energy Inc     optC            8.74E+107         715      13,468 CALL      SH-DEF                  2     13,468
TALISMAN ENERGY INC     OPT             8.74E+107       2,659       50000 CALL      SH-DEF                  1     50,000
TALISMAN ENERGY INC     OPT             8.74E+107       3,186       60000 CALL      SH-DEF                  1     60,000
TALISMAN ENERGY INC     EQUIT           8.74E+107      14,405      271430 SH        SH-DEF                  1    271,430
Talisman Energy Inc     Equity          8.74E+107         223       4,200 SH        SH-DEF                  1      4,200
Talisman Energy Inc     Equity          8.74E+107       1,043      19,689 SH        SH-DEF                  1     19,689
Talisman Energy Inc.    CMN             87425E103       2,658      50,000 SH   SOLE                               50,000
Talk America Holdings
Inc                     com             87426R202           2         274 SH   SOLE                                  274
TARGET CORP             CMN             87612E106         234        4475 SH   SOLE                                4,475
TASECO MINES LTD        CMN             876511106         113       50000 SH   SOLE                               50,000
Taseko Mines Ltd        Equity          876511106           2       1,000 SH        SH-DEF                  1      1,000
Taser International Inc com             87651B104       1,769     167,000 SH        SH-DEF                  2    167,000
TD BANKNORTH INC        CMN             87235A101          35        1169 SH   SOLE                                1,169
TECH DATA CORP          CMN             878237106          11         300 SH   SOLE                                  300
Technology
Solutions-New           Equity          87872T207           1         125 SH        SH-DEF                  1        125
TECO ENERGY INC         CMN             872375100         178       11000 SH   SOLE                               11,000
TELE CENTRO OESTE CEL
PRT PFD *               CMN             87923P105           9         704 SH   SOLE                                  704
TELE LESTE CELULAR
PRTC SA ADR *           CMN             87943B102           1          55 SH   SOLE                                   55
TELE NORTE LESTE PART
SA ADR                  CMN             879246106         206       12279 SH   SOLE                               12,279
TELECOM BRASIL
SPONSORED ADR           CMN             879287308         163        4750 SH   SOLE                                4,750
TELECOM CORPORATION OF
NEW ZEALAND             CMN             879278208          27        1000 SH   SOLE                                1,000
TELECOM ITALIA SPA ORD
ADR (NEW)               CMN             87927Y102           2          55 SH   SOLE                                   55
TELEFLEX INC            CMN             879369106           7         100 SH   SOLE                                  100
TELEFONICA S.A.
SPONSORED ADR           CMN             879382208          20         424 SH   SOLE                                  424
TELEFONOS DE MEXICO
S.A. ADR                CMN             879403780         396       17520 SH   SOLE                               17,520
TELESP CELULAR
PARTICIPACOES SA ADR    CMN             87952L108           3         666 SH   SOLE                                  666
Tellabs Inc             com             879664100           7         434 SH   SOLE                                  434
TELLABS INC             CMN             879664100           9         550 SH   SOLE                                  550
Telus Corp - Nv         Equity          87971M202         251       6,500 SH        SH-DEF                  1      6,500
Telus Corp - Nv         Equity          87971M202       2,493      64,640 SH        SH-DEF                  1     64,640
TELUS CORPORATION -NON
VOTE                    EQUIT           87971M202     126,201     3264976 SH   SOLE                            3,264,976
TELUS CORPORATION NV    CMN             87971M202       4,558 117057.8833 SH   SOLE                              117,058
TELUS Corporation, NV   CMN             87971M202         801      20,700 SH   SOLE                               20,700
TELUS Corporation, NV   CMN             87971M202       1,549      40,000 SH   SOLE                               40,000
TEMPLETON DRAGON FUND   CMN             88018T101         947       43500 SH   SOLE                               43,500
TEMPLETON GLOBAL
INCOME FUND             CMN             880198106          11        1300 SH   SOLE                                1,300
TENET HEALTHCARE
CORPORATION             CMN             88033G100         186       25115 SH   SOLE                               25,115
TERADYNE INC            CMN             880770102         143        9149 SH   SOLE                                9,149
TESCO CORP              EQUIT           88157K101         189       10050 SH   SOLE                               10,050
TEVA PHARMACEUTICAL
INDUSTRIES ADR          CMN             881624209         315        7595 SH   SOLE                                7,595
Teva Pharmaceutical
Industries Ltd          adr             881624209     413,078      97,535 SH   SOLE                               97,535
TEXTRON INC             CMN             883203101          16         170 SH   SOLE                                  170
The9 Ltd                adr             88337k104           -          50 SH   SOLE                                   50
THOMSON CORP            EQUIT           884903105      94,580     2537925 SH   SOLE                            2,537,925
THOMSON CORP            EQUIT           884903105       2,502       67125 SH        SH-DEF                  1     67,125
Thomson Corp            Equity          884903105          15         400 SH        SH-DEF                  1        400
THOMSON CORPORATION     CMN             884903105      29,616      788864 SH   SOLE                              788,864
Thomson Corporation
(The)                   CMN             884903105      10,221     273,800 SH   SOLE                              273,800
Thomson Corporation
(The)                   CMN             884903105       2,613      70,000 SH   SOLE                               70,000
TIDEWATER INC           CMN             886423102          28         500 SH   SOLE                                  500
TIM PARTICIPACOES SA
SPONSORED ADR           CMN             88706P106          16         438 SH   SOLE                                  438
Time Warner Inc         optC            887317105       2,686     160,000 CALL SOLE                              160,000
Time Warner Inc         optC            887317105       4,198     250,000 CALL SOLE                              250,000
Time Warner Inc         optC            887317105       8,395     500,000 CALL SOLE                              500,000
Time Warner Inc         optP            887317105       4,198     250,000 PUT  SOLE                              250,000
Time Warner Inc         optP            887317105       8,395     500,000 PUT  SOLE                              500,000
TIME WARNER INC         OPT             887317105      12,593      750000 CALL SOLE                              750,000
TIME WARNER INC         OPT             887317105      12,593      750000 PUT  SOLE                              750,000
TIME WARNER INC         CMN             887317105         520       30800 SH   SOLE                               30,800
TJX COMPANIES INC       CMN             872540109          59        2375 SH   SOLE                                2,375
TLC VISION CORP         EQUIT           872549100          12        1800 SH   SOLE                                1,800
Tlc Vision Corp         Equity          872549100           8       1,300 SH        SH-DEF                  1      1,300
TOLL BROTHERS INC       CMN             889478103          14         400 SH   SOLE                                  400
TOMKINS PLC SPONSORED
ADR                     CMN             890030208           4         160 SH   SOLE                                  160
Toronto Dominion Bank   Equity          891160509           3          63 SH        SH-DEF                  1         63
TORONTO-DOMINION BANK   CMN             891160509      66,083     1178062 SH   SOLE                            1,178,062
Toronto-Dominion Bank   com             891160509      35,493     637,430 SH        SH-DEF                  2    637,430
Toronto-Dominion Bank   optC            891160509         123       2,200 CALL      SH-DEF                  2      2,200
Toronto-Dominion Bank   optC            891160509         445       8,000 CALL      SH-DEF                  2      8,000
Toronto-Dominion Bank   optC            891160509         752      13,500 CALL      SH-DEF                  2     13,500
TORONTO-DOMINION BANK   EQUIT           891160509       8,323      149517 SH        SH-DEF                  1    149,517
TORONTO-DOMINION BANK   EQUIT           891160509      41,914      752744 SH        SH-DEF                  1    752,744
TOTAL S.A. SPONSORED
ADR                     CMN             89151E109       1,879       14180 SH   SOLE                               14,180
TOYOTA MOTOR CORP ADR   CMN             892331307         110        1000 SH   SOLE                                1,000
TRANSALTA CORP          EQUIT           89346D107      93,650     4916415 SH   SOLE                            4,916,415
TRANSALTA CORP          EQUIT           89346D107         491       25794 SH        SH-DEF                  1     25,794
TRANSALTA CORPORATION   CMN             89346D107       8,738 455364.9312 SH   SOLE                              455,365
TransAlta Corporation   CMN             89346D107      56,026   2,936,200 SH   SOLE                            2,936,200
TransAlta Corporation   CMN             89346D107       4,579     240,000 SH   SOLE                              240,000
TRANSCANADA CORP        EQUIT           89353D107     453,517    15740434 SH   SOLE                           15,740,434
TRANSCANADA CORPORATION CMN             89353D107      34,585 1191528.228 SH   SOLE                            1,191,528
TransCanada Corporation CMN             89353D107     110,508   3,828,900 SH   SOLE                            3,828,900
TransCanada Corporation CMN             89353D107       6,205     215,000 SH   SOLE                              215,000
Transglobe Energy Corp  Equity          893662106          93      17,600 SH        SH-DEF                  1     17,600
TRANSOCEAN INC          CMN             G90078109          69         860 SH   SOLE                                  860
TRIAD HOSPITALS INC     CMN             89579K109          76        1799 SH   SOLE                                1,799
Trico Marine Services
Inc                     com             896106200           3         101 SH   SOLE                                  101
Trico Marine Services
Inc                     com             896106200          12         379 SH   SOLE                                  379
Trinity Biotech PLC     adr             896438306           0         172 SH   SOLE                                  172
TRIZEC CANADA
US$        3% 29/01/21  CMN             896938AB3       1,193     1313000 SH   SOLE                            1,313,000
TurboChef Technologies
Inc                     com             900006206       1,000      82,000 SH        SH-DEF                  2     82,000
Tweeter Home
Entertainment Group Inc com             901167106           1         100 SH   SOLE                                  100
TYCO INTERNATIONAL LTD  CMN             902124106       1,829       67625 SH   SOLE                               67,625
U S BANCORP             CMN             902973304         155        5035 SH   SOLE                                5,035
U S T INC               CMN             902911106          42        1000 SH   SOLE                                1,000
ULTRA PETROLEUM CORP    CMN             903914109          94        1500 SH   SOLE                                1,500
Under Armour Inc        com             904311107       1,944      60,000 SH        SH-DEF                  2     60,000
UNILEVER N.V. NEW YORK
SHARES                  CMN             904784709         304        4361 SH   SOLE                                4,361
UNISYS CORPORATION      CMN             909214108          92       13266 SH   SOLE                               13,266
United Auto Group Inc   cvb             909440109       5,898     137,170 PRN  SOLE                              137,170
UNITED PARCEL SERVICE
INC CL B                CMN             911312106         114        1430 SH   SOLE                                1,430
UNITED PARCEL
SERVICE-CL B            OPT             911312106       7,263       91500 CALL      SH-DEF                  1     91,500
United States Stl
Crp-New                 Equity          912909108          61       1,000 SH        SH-DEF                  1      1,000
UNITED TECHNOLOGIES
CORPORATION             CMN             913017109       1,848       31685 SH   SOLE                               31,685
United Technologies
Corporation             CMN             913017109       1,304      22,500 SH   SOLE                               22,500
UNITEDHEALTH GROUP INC  CMN             91324P102         534        9500 SH   SOLE                                9,500
UNUMPROVIDENT CORP      CMN             91529Y106       1,125       54600 SH   SOLE                               54,600
US BANCORP              OPT             902973304       3,020       99000 CALL      SH-DEF                  1     99,000
USA Truck Inc           com             902925106           2          79 SH   SOLE                                   79
Utstarcom Inc           com             918076100           0          60 SH   SOLE                                   60
UTSTARCOM INC           CMN             918076100         685      108300 SH   SOLE                              108,300
Valassis
Communications Inc      cvb             918866104       3,340     113,723 PRN  SOLE                              113,723
VALERO ENERGY CORP      CMN             91913Y100         451        7500 SH   SOLE                                7,500
Valero Energy
Corporation             CMN             91913Y100         598      10,000 SH   SOLE                               10,000
Varian Inc              com             922206107           1          17 SH   SOLE                                   17
VARIAN MEDICAL SYSTEMS
INC                     CMN             92220P105          23         400 SH   SOLE                                  400
Verizon Communications
Inc                     com             92343V104       5,921     173,845 SH   SOLE                              173,845
Verizon Communications
Inc                     optC            92343V104       2,555      75,000 CALL SOLE                               75,000
Verizon Communications
Inc                     optC            92343V104       3,406     100,000 CALL SOLE                              100,000
Verizon Communications
Inc                     optP            92343V104       2,725      80,000 PUT  SOLE                               80,000
VERIZON COMMUNICATIONS
INC                     EQUIT           92343V104       4,751      139571 SH   SOLE                              139,571
VERIZON COMMUNICATIONS
INC                     OPT             92343V104       5,961      175000 CALL SOLE                              175,000
VERIZON COMMUNICATIONS
INC                     CMN             92343V104         687       20041 SH   SOLE                               20,041
VERTEX PHARMACEUTICALS
INC                     CMN             92532F100       1,221       33160 SH   SOLE                               33,160
VIACOM INC NEW CL A W/I CMN             92553P102          23         600 SH   SOLE                                  600
VIACOM INC NEW CL B W/I CMN             92553P201         173        4419 SH   SOLE                                4,419
Viisage Technology Inc  com             92675K205       1,532      87,500 SH        SH-DEF                  2     87,500
Vimicro International
Corp                    adr             92718N109           -          40 SH   SOLE                                   40
VISTA GOLD CORP         CMN             927926204         536       93300 SH   SOLE                               93,300
VISTEON CORPORATION     CMN             92839U107           2    528.4919 SH   SOLE                                  528
Vitran Corporation Inc  Equity          9.29E+111           6         300 SH        SH-DEF                  1        300
VODAFONE GROUP PLC
SPONSORED ADR           CMN             92857W100       4,232      201255 SH   SOLE                              201,255
VOTORANTIM CELULOSE E
PAPEL SA                CMN             92906P106       1,183       72800 SH   SOLE                               72,800
Wachovia Corp           com             929903102       1,412      25,198 SH   SOLE                               25,198
Wachovia Corp           optC            929903102       7,354     131,200 CALL SOLE                              131,200
Wachovia Corp           optC            929903102       8,127     145,000 CALL SOLE                              145,000
Wachovia Corp           optP            929903102       8,127     145,000 PUT  SOLE                              145,000
Wachovia Corp           optP            929903102      16,815     300,000 PUT  SOLE                              300,000
WACHOVIA CORP           EQUIT           929903102       1,414       25198 SH   SOLE                               25,198
WACHOVIA CORP           OPT             929903102      15,481      276200 CALL SOLE                              276,200
WACHOVIA CORP           OPT             929903102      24,942      445000 PUT  SOLE                              445,000
WACHOVIA CORP           OPT             929903102          28         500 CALL      SH-DEF                  1        500
WACHOVIA CORPORATION    CMN             929903102       3,008       53335 SH   SOLE                               53,335
WALGREEN CO             CMN             931422109       2,656       61200 SH   SOLE                               61,200
WAL-MART STORES INC     CMN             931142103      11,331      238394 SH   SOLE                              238,394
WAL-MART STORES INC     OPT             931142103       9,448      200000 CALL      SH-DEF                  1    200,000
Wal-Mart Stores Inc.    CMN             931142103       1,275      27,000 SH   SOLE                               27,000
Walt Disney Co          optC            254687106       7,251     260,000 CALL SOLE                              260,000
WALTER INDUSTRIES INC   CMN             93317Q105          20         300 SH   SOLE                                  300
WASHINGTON MUTUAL INC   CMN             939322103         203        4725 SH   SOLE                                4,725
WASHINGTON POST
COMPANY CL B            CMN             939640108         219         280 SH   SOLE                                  280
WATERS CORPORATION      CMN             941848103           2          35 SH   SOLE                                   35
WEATHERFORD
INTERNATIONAL LTD       CMN             G95089101         199        4318 SH   SOLE                                4,318
WEIGHT WATCHERS INTL
INC                     CMN             948626106          19         375 SH   SOLE                                  375
WELLPOINT INC           CMN             94973V107       2,364       30350 SH   SOLE                               30,350
WELLS FARGO & CO        CMN             949746101       6,895      107293 SH   SOLE                              107,293
Wells Fargo & Company   CMN             949746101       2,076      32,500 SH   SOLE                               32,500
WENDY'S INTERNATIONAL
INC                     CMN             950590109         125        2000 SH   SOLE                                2,000
WESCO FINANCIAL
CORPORATION             CMN             950817106          20          50 SH   SOLE                                   50
Westaim Corp            Equity          956909105          30       4,800 SH        SH-DEF                  1      4,800
Westaim Corp            Equity          956909105          69      11,000 SH        SH-DEF                  1     11,000
Westaim Corp            Equity          956909105          81      13,000 SH        SH-DEF                  1     13,000
Westaim Corp            Equity          956909105         273      43,500 SH        SH-DEF                  1     43,500
Westaim Corp            Equity          956909105       3,447     550,000 SH        SH-DEF                  1    550,000
WESTAIM CORPORATION     CMN             956909105          96       15097 SH   SOLE                               15,097
WESTERN SILVER CORP     EQUIT           959531104          30        1300 SH   SOLE                                1,300
Western Silver Corp     Equity          959531104          14         600 SH        SH-DEF                  1        600
Western Silver Corp     Equity          959531104         845      36,200 SH        SH-DEF                  1     36,200
WESTPAC BANKING LTD
SPONSORED ADR           CMN             961214301         218        2545 SH   SOLE                                2,545
WEYERHAEUSER CO         CMN             962166104          64         884 SH   SOLE                                  884
WILLIS GROUP HOLDINGS
LTD                     CMN             G96655108         131        3800 SH   SOLE                                3,800
Wilshire Bancorp Inc    com             97186T108           1          63 SH   SOLE                                   63
WINNEBAGO INDUSTRIES
INC                     CMN             974637100          87        2850 SH   SOLE                                2,850
WorldSpace Inc          com             981579105           0           7 SH   SOLE                                    7
WPP GROUP PLC SPONS ADR CMN             929309409         121        2005 SH   SOLE                                2,005
WPT Enterprises Inc     com             98211W108           1         120 SH   SOLE                                  120
Wts-Goldcorp Inc-C
30My07                  Equity          380956169       2,983     505,000 SH        SH-DEF                  1    505,000
Wyeth                   com             983024100       5,870     120,971 SH   SOLE                              120,971
WYETH                   EQUIT           983024100       5,126      105716 SH   SOLE                              105,716
WYETH                   CMN             983024100         698       14300 SH   SOLE                               14,300
Wyeth                   CMN             983024100       4,464      92,000 SH   SOLE                               92,000
WYNN RESORTS LTD        CMN             983134107         232        3000 SH   SOLE                                3,000
XCEL ENERGY INC         CMN             98389B100          95        5200 SH   SOLE                                5,200
XEROX CORP              OPT             984121103       1,216       80000 CALL      SH-DEF                  1     80,000
XEROX CORP              OPT             984121103       1,216       80000 PUT       SH-DEF                  1     80,000
XEROX CORPORATION       CMN             984121103         435       28435 SH   SOLE                               28,435
XL CAPITAL LTD          CMN             G98255105          38         585 SH   SOLE                                  585
XTO ENERGY INC          CMN             98385X106          35         800 SH   SOLE                                  800
YAHOO INC               CMN             984332106          78        2400 SH   SOLE                                2,400
YAMANA GOLD INC         EQUIT           98462Y100          24        2600 SH   SOLE                                2,600
YAMANA GOLD INC         CMN             98462Y100         851       91800 SH   SOLE                               91,800
YM BIOSCIENCES INC      CMN             984238105         139       25000 SH   SOLE                               25,000
YRC Worldwide Inc       cvb             984249102       4,584     120,434 PRN  SOLE                              120,434
YRC Worldwide Inc       cvb             984249102      12,609     331,292 PRN  SOLE                              331,292
YRC WORLDWIDE INC       EQUIT           984249102         114        3000 SH   SOLE                                3,000
YRC WORLDWIDE INC       CMN             984249102         775       20250 SH   SOLE                               20,250
YUM! BRANDS INC         CMN             988498101          88        1800 SH   SOLE                                1,800
ZARLINK SEMICONDUCTOR
INC                     CMN             989139100           3        1000 SH   SOLE                                1,000
ZARLINK SEMICONDUCTOR
INC                     EQUIT           989139100         464      158449 SH        SH-DEF                  1    158,449
Zarlink Semiconductor
Inc                     Equity          989139100       1,159     397,000 SH        SH-DEF                  1    397,000
ZHONE TECHNOLOGIES INC
NEW                     CMN             98950P108         269       99600 SH   SOLE                               99,600
ZI CORPORATION          EQUIT           988918108          66       37350 SH   SOLE                               37,350
ZIMMER HOLDINGS INC     CMN             98956P102         119        1750 SH   SOLE                                1,750
ZYMOGENETICS INC        CMN             98985T109         287       13200 SH   SOLE                               13,200