Vanguard ETFs. Annual Financial Statements December 31, Contents

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1 Annual Financial Statements December 31, 2017 Vanguard ETFs Contents Independent Auditor s Report 1 Vanguard Canadian Aggregate Bond Index ETF 2 Vanguard Canadian Corporate Bond Index ETF 18 Vanguard Canadian Government Bond Index ETF 28 Vanguard Canadian Long-Term Bond Index ETF 34 Vanguard Canadian Short-Term Bond Index ETF 40 Vanguard Canadian Short-Term Corporate Bond Index ETF 49 Vanguard Canadian Short-Term Government Bond Index ETF 56 Vanguard FTSE Canada All Cap Index ETF 61 Vanguard FTSE Canada Index ETF 68 Vanguard FTSE Canadian Capped REIT Index ETF 72 Vanguard FTSE Canadian High Dividend Yield Index ETF 75 Vanguard FTSE Developed All Cap ex North America Index ETF 79 Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-hedged) 137 Vanguard FTSE Developed All Cap ex U.S. Index ETF 143 Vanguard FTSE Developed All Cap ex U.S. Index ETF (CAD-hedged) 147 Vanguard FTSE Developed Asia Pacific All Cap Index ETF 153 Vanguard FTSE Developed Asia Pacific All Cap Index ETF (CAD-hedged) 192 Vanguard FTSE Developed Europe All Cap Index ETF 197 Vanguard FTSE Developed Europe All Cap Index ETF (CAD-hedged) 221 Vanguard FTSE Emerging Markets All Cap Index ETF 226 Vanguard FTSE Global All Cap ex Canada Index ETF 230 Vanguard Global ex-u.s. Aggregate Bond Index ETF (CAD-hedged) 233 Vanguard S&P 500 Index ETF 237 Vanguard S&P 500 Index ETF (CAD-hedged) 240 Vanguard U.S. Aggregate Bond Index ETF (CAD-hedged) 244 Vanguard U.S. Dividend Appreciation Index ETF 248 Vanguard U.S. Dividend Appreciation Index ETF (CAD-hedged) 251 Vanguard U.S. Total Market Index ETF 255 Vanguard U.S. Total Market Index ETF (CAD-hedged) 258 Notes to the Financial Statements 262

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3 Independent Auditor s Report To the Unitholders and Trustee of Vanguard Canadian Aggregate Bond Index ETF Vanguard Canadian Corporate Bond Index ETF Vanguard Canadian Government Bond Index ETF Vanguard Canadian Long-Term Bond Index ETF Vanguard Canadian Short-Term Bond Index ETF Vanguard Canadian Short-Term Corporate Bond Index ETF Vanguard Canadian Short-Term Government Bond Index ETF Vanguard FTSE Canada All Cap Index ETF Vanguard FTSE Canada Index ETF Vanguard FTSE Canadian Capped REIT Index ETF Vanguard FTSE Canadian High Dividend Yield Index ETF Vanguard FTSE Developed All Cap ex North America Index ETF Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-hedged) Vanguard FTSE Developed All Cap ex U.S. Index ETF Vanguard FTSE Developed All Cap ex U.S. Index ETF (CAD-hedged) Vanguard FTSE Developed Asia Pacific All Cap Index ETF Vanguard FTSE Developed Asia Pacific All Cap Index ETF (CAD-hedged) Vanguard FTSE Developed Europe All Cap Index ETF Vanguard FTSE Developed Europe All Cap Index ETF (CAD-hedged) Vanguard FTSE Emerging Markets All Cap Index ETF Vanguard FTSE Global All Cap ex Canada Index ETF Vanguard Global ex-u.s. Aggregate Bond Index ETF (CAD-hedged) Vanguard S&P 500 Index ETF Vanguard S&P 500 Index ETF (CAD-hedged) Vanguard U.S. Aggregate Bond Index ETF (CAD-hedged) Vanguard U.S. Dividend Appreciation Index ETF Vanguard U.S. Dividend Appreciation Index ETF (CAD-hedged) Vanguard U.S. Total Market Index ETF Vanguard U.S. Total Market Index ETF (CAD-hedged) (Collectively, the Funds) We have audited the accompanying financial statements of each of the Funds, which comprise the statements of financial position as at December 31, 2017 and December, 31, 2016, as applicable, and the statements of comprehensive income, changes in net assets attributable to holders of redeemable units and cash flows for the periods indicated in Note 1, and the related notes, which comprise a summary of significant accounting policies and other explanatory information. Management s responsibility for the financial statements Management is responsible for the preparation and fair presentation of the financial statements of each of the Funds in accordance with International Financial Reporting Standards, and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor s responsibility Our responsibility is to express an opinion on the financial statements of each of the Funds based on our audits. We conducted our audits in accordance with Canadian generally accepted auditing standards. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained in each of our audits is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the financial statements of each of the Funds present fairly, in all material respects, the financial position, financial performance and cash flows of each of the Funds as at and for the periods indicated in Note 1, in accordance with International Financial Reporting Standards. Chartered Professional Accountants, Licensed Public Accountants Toronto, Ontario March 16,

4 Vanguard Canadian Aggregate Bond Index ETF Statement of Financial Position As at December 31, 2017 and Assets Current assets Investments $1,312,016,829 $1,117,314,231 Cash and cash equivalents 7,167,230 2,579,286 Amounts receivable for investments sold 28,331,329 17,308,978 Interest receivable 6,562,619 5,580,327 Total assets 1,354,078,007 1,142,782,822 Liabilities Current liabilities Amounts payable for investments purchased 29,338,184 17,387,109 Distributions payable 3,325,268 2,218,175 Accounts payable and accrued expenses 68,828 55,421 Total liabilities excluding net assets attributable to holders of redeemable units 32,732,280 19,660,705 Total net assets attributable to holders of redeemable units $1,321,345,727 $1,123,122,117 Number of redeemable units outstanding (Note 7) 52,400,000 44,300,000 Net assets attributable to holders of redeemable units per unit $25.22 $25.35 Statement of Comprehensive Income For the years ended December 31, 2017 and Income Net gain (loss) on investments Interest for distribution purposes $36,848,351 $25,200,750 Net realized gain (loss) on sale of investments (8,439,485) (193,275) Change in unrealized appreciation (depreciation) of investments (578,367) (25,306,770) Net gain (loss) on investments 27,830,499 (299,295) Net gain (loss) on derivatives Net realized gain (loss) on foreign currency contracts (3) Net gain (loss) on derivatives (3) Miscellaneous Income 18,187 Net realized gain (loss) on foreign currency transactions 1 Total income (net) 27,830,497 (281,108) Expenses (Note 8) Management fees 1,685,532 1,147,676 Overdraft expenses 645 Independent Review Committee fees 3,110 4,085 Foreign withholding taxes 242 Total expenses 1,689,529 1,151,761 Expenses absorbed by manager (3,110) (4,085) Net expenses 1,686,419 1,147,676 Increase (decrease) in net assets attributable to holders of redeemable units $26,144,078 $(1,428,784) Weighted average number of redeemable units 49,585,205 33,062,568 Increase (decrease) in net assets attributable to holders of redeemable units per unit $0.53 $(0.04) The accompanying notes are an integral part of the financial statements. 2

5 Vanguard Canadian Aggregate Bond Index ETF Statement of Changes in Net Assets Attributable to Holders of Redeemable Units For the years ended December 31, 2017 and Net assets attributable to holders of redeemable units, beginning of year $1,123,122,117 $521,755,493 Increase (decrease) in net assets attributable to holders of redeemable units $26,144,078 $(1,428,784) Distributions to holders of redeemable units Net investment income (34,875,993) (23,404,555) Net realized gains (388,109) Return of capital (Note 3) (38,075) (30,047) (34,914,068) (23,822,711) Redeemable unit transactions Proceeds from sale of redeemable units 269,947, ,961,740 Reinvestment of distributions to holders of redeemable units 388,109 Payment for redeemable units redeemed (62,953,830) (12,731,730) 206,993, ,618,119 Net assets attributable to holders of redeemable units, end of year $1,321,345,727 $1,123,122,117 Statement of Cash Flows For the years ended December 31, 2017 and Cash flows from (used in) operating activities Increase (decrease) in net assets attributable to holders of redeemable units $26,144,078 $(1,428,784) Adjustments for: Net realized (gain) loss on sale of investments 8,439, ,275 Change in unrealized (appreciation) depreciation of investments 578,367 25,306,770 Purchase of investments 1 (413,743,600) (282,044,918) Proceeds from sale of investments 1 376,668, ,398,829 (28,057,063) (28,146,044) Change in non-cash working capital (968,885) (2,886,272) Net cash from (used in) operating activities (2,881,870) (32,461,100) Cash flows from (used in) financing activities Proceeds from sale of redeemable units 1 71,730,894 54,807,306 Distributions to holders of redeemable units, net of reinvested distributions (33,806,975) (22,260,828) Payment for redeemable units redeemed 1 (30,454,105) (279,946) Net cash from (used in) financing activities 7,469,814 32,266,532 Net increase (decrease) in cash during the year $4,587,944 $(194,568) Cash, beginning of year $2,579,286 $2,773,854 Cash, end of year $7,167,230 $2,579,286 Supplemental cash flow information relating to operating activities Interest received, net of withholding taxes $35,865,817 $22,289,757 1 Excludes in-kind transactions for the years ended December 31, 2017 and The accompanying notes are an integral part of the financial statements. 3

6 Vanguard Canadian Aggregate Bond Index ETF Schedule of Investment Portfolio As at December 31, 2017 Description Par Value Average Cost ($) Fair Value ($) % of Net Assets Fixed Income Investments Financial The Toronto-Dominion Bank 2.62% Dec 22/21 2,220,000 2,291,696 2,235, The Toronto-Dominion Bank 1.68% Jun 08/21 2,170,000 2,168,344 2,125, The Bank of Nova Scotia 1.90% Dec 02/21 2,140,000 2,136,264 2,092, Royal Bank of Canada 2.03% Mar 15/21 2,070,000 2,091,166 2,045, The Toronto-Dominion Bank 1.91% Jul 18/23 2,039,000 2,033,317 1,965, Canadian Imperial Bank of Commerce 1.66% Jan 20/20 1,945,000 1,942,280 1,925, HSBC Bank Canada 2.45% Jan 29/21 1,890,000 1,915,546 1,888, Royal Bank of Canada 1.97% Mar 02/22 1,817,000 1,802,099 1,779, Royal Bank of Canada 1.92% Jul 17/20 1,775,000 1,782,699 1,758, Royal Bank of Canada 2.99% Dec 06/24 1,685,000 1,737,888 1,705, Royal Bank of Canada 2.00% Mar 21/22 1,740,000 1,736,977 1,703, The Toronto-Dominion Bank 2.05% Mar 08/21 1,670,000 1,670,702 1,654, The Toronto-Dominion Bank 3.23% Jul 24/24 1,586,000 1,663,290 1,635, The Bank of Nova Scotia 3.27% Jan 11/21 1,583,000 1,677,507 1,623, Bank of Montreal 2.27% Jul 11/22 1,620,000 1,615,359 1,602, The Manufacturers Life Insurance Company 2.10% Jun 01/25 1,564,000 1,543,795 1,552, Bank of Montreal 3.40% Apr 23/21 1,468,000 1,565,671 1,513, The Bank of Nova Scotia 2.40% Oct 28/19 1,451,000 1,484,521 1,458, The Toronto-Dominion Bank 2.45% Apr 02/19 1,430,000 1,463,546 1,438, Canadian Imperial Bank of Commerce 2.47% Dec 05/22 1,440,000 1,439,870 1,431, The Bank of Nova Scotia 2.36% Nov 08/22 1,425,000 1,424,663 1,409, Royal Bank of Canada 1.58% Sep 13/21 1,405,000 1,402,540 1,361, The Toronto-Dominion Bank 3.22% Jul 25/29 1,350,000 1,349,835 1,346, The Bank of Nova Scotia 2.13% Jun 15/20 1,320,000 1,336,664 1,316, The Toronto-Dominion Bank 1.69% Apr 02/20 1,330,000 1,333,292 1,314, Federation des Caisses Desjardins du Quebec 2.09% Jan 17/22 1,330,000 1,329,552 1,308, Royal Bank of Canada 1.65% Jul 15/21 1,340,000 1,341,303 1,305, Bank of Montreal 1.61% Oct 28/21 1,347,000 1,338,555 1,305, Brookfield Asset Management Inc. 4.82% Jan 28/26 1,199,000 1,305,639 1,297, The Bank of Nova Scotia 2.87% Jun 04/21 1,279,000 1,331,715 1,297, Canadian Imperial Bank of Commerce 2.30% Jul 11/22 1,300,000 1,299,935 1,287, The Toronto-Dominion Bank 2.98% Sep 30/25 1,258,000 1,260,501 1,271, Royal Bank of Canada 2.86% Mar 04/21 1,248,000 1,310,298 1,265, Canadian Imperial Bank of Commerce 1.85% Jul 14/20 1,270,000 1,271,014 1,257, Wells Fargo & Company 2.51% Oct 27/23 1,290,000 1,290,465 1,256, The Bank of Nova Scotia 2.09% Sep 09/20 1,260,000 1,266,830 1,253, The Bank of Nova Scotia 3.37% Dec 08/25 1,220,000 1,250,034 1,244, Bank of Montreal 2.70% Sep 11/24 1,240,000 1,239,839 1,237, Bank of Montreal 2.43% Mar 04/19 1,210,000 1,237,180 1,215, Canadian Imperial Bank of Commerce 2.04% Mar 21/22 1,210,000 1,207,893 1,187, Bank of Montreal 3.34% Dec 08/25 1,160,000 1,188,655 1,181, Bank of Montreal 2.10% Oct 06/20 1,184,000 1,207,635 1,177, HSBC Bank Canada 2.94% Jan 14/20 1,124,000 1,153,826 1,139, Royal Bank of Canada 2.98% May 07/19 1,118,000 1,163,563 1,131, National Bank of Canada 2.40% Oct 28/19 1,125,000 1,150,031 1,130, Canadian Imperial Bank of Commerce 1.90% Apr 26/21 1,141,000 1,147,704 1,123, The Bank of Nova Scotia 2.62% Dec 02/26 1,140,000 1,129,215 1,118, Wells Fargo Canada Corporation 3.04% Jan 29/21 1,095,000 1,142,274 1,116, Bank of Montreal 4.61% Sep 10/25 993,000 1,153,326 1,114, Manulife Financial Capital Trust II 7.41% Dec 31/2108 1,021,000 1,170,921 1,111, Canadian Imperial Bank of Commerce 1.64% Jul 12/21 1,130,000 1,130,694 1,100, Royal Bank of Canada 2.35% Dec 09/19 1,058,000 1,077,343 1,061, The Bank of Nova Scotia 2.46% Mar 14/19 1,045,000 1,065,448 1,051, Royal Office Finance LP 5.21% Nov 12/37 873,350 1,060,603 1,042, Royal Bank of Canada 3.31% Jan 20/26 1,020,000 1,025,903 1,036, Morgan Stanley 3.13% Aug 05/21 1,015,000 1,042,548 1,030, Royal Bank of Canada 2.33% Dec 05/23 1,047,000 1,052,616 1,027, The Bank of Nova Scotia 2.58% Mar 30/27 1,021, ,952 1,005,

7 Vanguard Canadian Aggregate Bond Index ETF Description Par Value Average Cost ($) Fair Value ($) % of Net Assets The Toronto-Dominion Bank 2.69% Jun 24/25 1,000,000 1,005,350 1,002, Royal Bank of Canada 2.48% Jun 04/25 1,000,000 1,003, , The Toronto-Dominion Bank 4.86% Mar 04/31 902, , , Royal Bank of Canada 2.36% Dec 05/22 1,000, , , National Bank of Canada 1.81% Jul 26/21 1,005,000 1,004, , Caisse Centrale Desjardins 1.75% Mar 02/20 990, , , Laurentian Bank of Canada 2.50% Jan 23/20 970, , , HSBC Bank Canada 2.91% Sep 29/21 952, , , Bank of America Corporation 2.60% Mar 15/23 950, , , Bank of Montreal 1.88% Mar 31/21 949, , , The Bank of Nova Scotia 3.04% Oct 18/24 920, , , Fairfax Financial Holdings Limited 6.40% May 25/21 835, , , Royal Bank of Canada 4.93% Jul 16/25 775, , , Bank of Montreal 2.12% Mar 16/22 899, , , HSBC Bank Canada 2.49% May 13/19 872, , , First Capital Realty Inc. 4.79% Aug 30/24 802, , , Wells Fargo & Company 3.87% May 21/25 818, , , Wells Fargo Canada Corporation 2.94% Jul 25/19 812, , , Bank of Montreal 3.12% Sep 19/24 785, , , Capital Desjardins Inc. 5.19% May 05/20 740, , , National Bank of Canada 2.11% Mar 18/22 784, , , Bank of Montreal 3.32% Jun 01/26 754, , , Wells Fargo & Company 2.98% May 19/26 785, , , Intact Financial Corporation 4.70% Aug 18/21 708, , , Bank of Montreal 2.70% Dec 09/26 766, , , Royal Bank of Canada 1.40% Apr 26/19 750, , , Wells Fargo & Company 2.09% Apr 25/22 760, , , The Bank of Nova Scotia 1.83% Apr 27/22 760, , , The Bank of Nova Scotia 2.29% Jun 28/24 750, , , Great-West Lifeco Inc. 4.65% Aug 13/20 691, , , Bank of Montreal 2.84% Jun 04/20 715, , , Royal Bank of Canada 3.45% Sep 29/26 710, , , HSBC Bank Canada 1.82% Jul 07/20 725, , , Canadian Imperial Bank of Commerce 3.00% Oct 28/24 702, , , Wells Fargo Canada Corporation 3.46% Jan 24/23 675, , , The Toronto-Dominion Bank 2.56% Jun 24/20 690, , , Federation des Caisses Desjardins du Quebec 2.39% Aug 25/22 700, , , Scotiabank Capital Trust 5.65% Dec 31/56 565, , , Canadian Imperial Bank of Commerce 3.42% Jan 26/26 675, , , GE Capital Canada Funding Company 4.60% Jan 26/22 638, , , Brookfield Asset Management Inc. 3.95% Apr 09/19 644, , , HSBC Bank Canada 2.17% Jun 29/22 663, , , TD Capital Trust IV 6.63% Jun 30/ , , , Citigroup Inc. 4.09% Jun 09/25 624, , , Royal Bank of Canada 3.04% Jul 17/24 636, , , Capital Desjardins Inc. 4.95% Dec 15/26 574, , , Caisse Centrale Desjardins 2.44% Jul 17/19 618, , , Bank of America Corporation 3.41% Sep 20/25 610, , , RioCan Real Estate Investment Trust 3.29% Feb 12/24 620, , , The Goldman Sachs Group, Inc. 3.31% Oct 31/25 615, , , Manulife Finance Delaware LP 5.06% Dec 15/41 542, , , Morgan Stanley 3.00% Feb 07/24 605, , , Bank of Montreal 2.57% Jun 01/27 600, , , Citigroup Inc. 3.39% Nov 18/21 535, , , Sun Life Financial Inc. 5.40% May 29/42 454, , , Plenary Properties LTAP LP 6.29% Jan 31/44 400, , , IGM Financial Inc. 7.35% Apr 08/19 500, , , Capital City Link General Partnership 4.39% Mar 31/46 490, , , The Manufacturers Life Insurance Company 3.18% Nov 22/27 510, , , The Bank of Nova Scotia 2.27% Jan 13/20 516, , , Industrial Alliance Insurance and Financial Services Inc. 3.30% Sep 15/28 509, , , Fairfax Financial Holdings Limited 4.25% Dec 06/27 510, , , Sun Life Financial Inc. 4.57% Aug 23/21 467, , , HSBC Bank Canada 2.54% Jan 31/23 500, , ,

8 Vanguard Canadian Aggregate Bond Index ETF Description Par Value Average Cost ($) Fair Value ($) % of Net Assets Great-West Lifeco Inc. 6.00% Nov 16/39 363, , , HSBC Holdings PLC 3.20% Dec 05/23 465, , , RioCan Real Estate Investment Trust 2.19% Apr 09/21 470, , , The Goldman Sachs Group, Inc. 2.43% Apr 26/23 470, , , The Manufacturers Life Insurance Company 2.81% Feb 21/24 455, , , HCN Canadian Holdings-1 LP 3.35% Nov 25/20 438, , , JPMorgan Chase & Co. 3.19% Mar 05/21 432, , , Sun Life Financial Inc. 3.10% Feb 19/26 432, , , The Toronto-Dominion Bank 1.99% Mar 23/22 440, , , National Bank of Canada 1.74% Mar 03/20 410, , , Sun Life Financial Inc. 2.75% Nov 23/27 400, , , Sun Life Financial Inc. 2.60% Sep 25/25 397, , , RioCan Real Estate Investment Trust 3.85% Jun 28/19 375, , , CI Financial Corp. 2.65% Dec 07/20 375, , , Sun Life Financial Inc. 3.05% Sep 19/28 367, , , Great-West Lifeco Inc. 6.67% Mar 21/33 263, , , Fairfax Financial Holdings Limited 4.50% Mar 22/23 335, , , Manulife Bank of Canada 2.08% May 26/22 355, , , First Capital Realty Inc. 3.60% May 06/26 330, , , Brookfield Asset Management Inc. 4.54% Mar 31/23 305, , , Brookfield Asset Management Inc. 5.95% Jun 14/35 277, , , Fairfax Financial Holdings Limited 4.70% Dec 16/26 312, , , Wells Fargo & Company 2.22% Mar 15/21 325, , , Central 1 Credit Union 1.87% Mar 16/20 325, , , Sun Life Financial Inc. 5.70% Jul 02/19 291, , , IGM Financial Inc. 3.44% Jan 26/27 303, , , Brookfield Asset Management Inc. 5.04% Mar 08/24 275, , , CIBC Capital Trust 10.25% Jun 30/ , , , Central 1 Credit Union 2.60% Nov 07/22 300, , , First Capital Realty Inc. 3.90% Oct 30/23 277, , , Brookfield Asset Management Inc. 3.80% Mar 16/27 270, , , First Capital Realty Inc. 3.75% Jul 12/27 260, , , Aviva PLC 4.50% May 10/21 232, , , National Bank of Canada 1.96% Jun 30/22 240, , , BP LP 3.24% Jan 09/20 228, , , Brookfield Asset Management Inc. 5.30% Mar 01/21 177, , , Manulife Financial Corporation 3.05% Aug 20/29 185, , , Bank of America Corporation 3.23% Jun 22/22 177, , , Commonwealth Bank of Australia 5.15% Apr 09/20 165, , , Fairfax Financial Holdings Limited 4.95% Mar 03/25 164, , , Royal Bank of Canada 1.59% Mar 23/20 150, , , The Manufacturers Life Insurance Company 2.64% Jan 15/25 144, , , Laurentian Bank of Canada 2.81% Jun 13/19 139, , , Granite REIT Holdings Limited Partnership 3.87% Nov 30/23 95,000 98,055 95, Intact Financial Corporation 2.85% Jun 07/27 85,000 82,754 81, Fairfax Financial Holdings Limited 5.84% Oct 14/22 70,000 76,456 77, ,486, ,369, Government Government of Canada 1.00% Sep 01/22 26,215,000 25,419,450 25,182, Government of Canada 0.50% Mar 01/22 23,750,000 22,846,811 22,484, Government of Canada 3.75% Jun 01/19 20,585,000 22,440,525 21,174, Government of Canada 1.50% Mar 01/20 20,161,000 20,524,651 20,055, Government of Canada 1.75% Sep 01/19 17,410,000 17,944,562 17,430, Government of Canada 5.75% Jun 01/33 10,665,000 16,468,880 15,628, Government of Canada 3.50% Dec 01/45 12,265,000 16,026,883 15,321, Government of Canada 0.75% Sep 01/20 15,235,000 15,065,361 14,849, Government of Canada 1.00% Jun 01/27 16,288,000 15,080,545 14,815, Government of Canada 4.00% Jun 01/41 11,096,000 15,090,155 14,526, Government of Canada 5.00% Jun 01/37 10,137,000 15,223,284 14,525, Government of Canada 2.75% Dec 01/48 13,082,000 14,571,457 14,449, Government of Canada 0.75% May 01/19 13,735,000 13,685,227 13,579, Government of Canada 1.75% Mar 01/19 13,534,000 13,932,395 13,567, Government of Canada 5.75% Jun 01/29 8,886,000 13,038,285 12,137, Government of Canada 2.25% Jun 01/25 11,363,000 12,313,187 11,548,

9 Vanguard Canadian Aggregate Bond Index ETF Description Par Value Average Cost ($) Fair Value ($) % of Net Assets Government of Canada 2.75% Jun 01/22 10,980,000 11,738,079 11,396, Government of Canada 1.50% Jun 01/23 11,591,000 11,820,672 11,348, Government of Canada 1.50% Jun 01/26 11,708,000 11,759,002 11,219, Government of Canada 1.25% Nov 01/19 11,010,000 10,954,268 10,926, Government of Canada 0.50% Feb 01/19 10,715,000 10,602,021 10,593, Government of Canada 0.75% Mar 01/21 10,249,000 10,272,464 9,924, Government of Canada 3.25% Jun 01/21 9,277,000 10,420,588 9,723, Government of Canada 2.50% Jun 01/24 8,311,000 8,798,904 8,580, Government of Canada 0.75% Aug 01/19 8,550,000 8,489,440 8,431, Government of Canada 0.75% Sep 01/21 7,435,000 7,454,175 7,160, Government of Canada 3.50% Jun 01/20 6,272,000 6,915,003 6,530, Government of Canada 2.75% Dec 01/64 5,425,000 6,372,309 6,213, Government of Canada 8.00% Jun 01/27 3,461,000 5,808,587 5,214, Government of Canada 2.00% Jun 01/28 3,000,000 2,960,960 2,972, Government of Canada 9.00% Jun 01/25 1,766,000 2,923,362 2,613, Government of Canada 8.00% Jun 01/23 1,215,000 1,762,601 1,593, ,724, ,716, Government-Related Agencies Canada Housing Trust No % Jun 15/22 11,200,000 11,187,192 11,021, Canada Housing Trust No % Jun 15/19 8,840,000 9,008,343 8,872, Canada Housing Trust No % Jun 15/21 8,776,000 8,801,295 8,549, Canada Housing Trust No % Dec 15/19 8,224,000 8,502,185 8,252, Canada Housing Trust No % Dec 15/20 8,080,000 8,106,997 7,925, Canada Housing Trust No % Jun 15/21 5,799,500 6,380,424 6,144, Canada Housing Trust No % Jun 15/24 5,736,000 6,110,884 5,950, Canada Housing Trust No % Mar 15/22 5,779,000 6,183,275 5,911, Canada Housing Trust No % Dec 15/22 5,357,000 5,614,030 5,420, Canada Housing Trust No % Sep 15/26 5,577,000 5,451,602 5,358, Canada Housing Trust No % Mar 15/28 5,380,000 5,367,841 5,344, Canada Housing Trust No % Dec 15/21 4,676,000 4,654,559 4,514, Canada Housing Trust No % Dec 15/20 4,182,000 4,590,977 4,354, Canada Housing Trust No % Mar 15/25 4,196,000 4,442,324 4,258, Canada Housing Trust No % Dec 15/21 4,300,000 4,288,920 4,211, Canada Housing Trust No % Mar 15/20 3,960,000 4,321,549 4,122, Canada Housing Trust No % Jun 15/20 3,946,000 4,001,033 3,905, Canada Housing Trust No % Jun 15/20 3,815,000 3,822,407 3,752, Canada Housing Trust No % Dec 15/25 3,705,000 3,841,625 3,672, Canada Housing Trust No % Sep 15/23 2,661,000 2,921,655 2,791, Canada Housing Trust No % Sep 15/23 2,229,000 2,262,481 2,242, Canada Housing Trust No % Dec 15/25 1,797,000 1,793,998 1,742, PSP Capital Inc. 1.73% Jun 21/22 1,468,000 1,454,641 1,435, KfW 1.38% Jan 28/20 1,245,000 1,240,621 1,230, Muskrat Falls / Labrador Transmission Assets Funding Trust 3.86% Dec 01/48 1,023,000 1,229,965 1,218, CPPIB Capital Inc. 1.10% Jun 10/19 1,202,000 1,201,449 1,189, PSP Capital Inc. 1.34% Aug 18/21 1,110,000 1,109,767 1,080, Labrador-Island Link Funding Trust 3.85% Dec 01/53 837, ,691 1,007, Canada Housing Trust No % Jun 15/27 1,000,000 1,006, , Maritime Link Financing Trust 3.50% Dec 01/52 920, , , PSP Capital Inc. 2.09% Nov 22/23 1,000, , , Muskrat Falls / Labrador Transmission Assets Funding Trust 3.83% Jun 01/37 850,455 1,007, , KfW 5.05% Feb 04/25 825,000 1,020, , CPPIB Capital Inc. 1.00% Jan 15/19 900, , , CPPIB Capital Inc. 1.40% Jun 04/20 900, , , CDP Financial Inc. 4.60% Jul 15/20 791, , , KfW 1.75% Oct 29/19 808, , , OPB Finance Trust 2.98% Jan 25/27 746, , , Labrador-Island Link Funding Trust 3.76% Jun 01/33 654, , , Landwirtschaftliche Rentenbank 1.88% Nov 21/19 595, , , Bank Nederlandse Gemeenten NV 4.55% Feb 15/19 550, , , PSP Capital Inc. 3.29% Apr 04/24 535, , , Export Development Canada 1.80% Sep 01/22 565, , , Labrador-Island Link Funding Trust 3.86% Dec 01/45 472, , , Canada Post Corporation 4.36% Jul 16/40 415, , , Svensk Exportkredit AB 4.45% Mar 15/19 334, , ,

10 Vanguard Canadian Aggregate Bond Index ETF Description Par Value Average Cost ($) Fair Value ($) % of Net Assets Muskrat Falls / Labrador Transmission Assets Funding Trust 3.63% Jun 01/29 276, , , KfW 4.70% Jun 02/37 227, , , The Export-Import Bank of Korea 1.93% Feb 24/20 230, , , Canada Post Corporation 4.08% Jul 16/25 200, , , Kommunalbanken AS 4.48% Feb 15/19 200, , , OPB Finance Trust 1.88% Feb 24/22 195, , , KfW 4.65% Feb 28/23 65,000 75,303 71, The Export-Import Bank of Korea 2.71% Dec 05/19 50,000 50,000 49, ,351, ,523, Government-Related Supranational European Investment Bank 1.13% Feb 18/20 1,375,000 1,367,209 1,352, International Bank for Reconstruction and Development 1.13% Mar 11/20 1,284,000 1,281,986 1,262, Inter-American Development Bank 4.40% Jan 26/26 796, , , European Investment Bank 2.13% Feb 04/19 875, , , European Investment Bank 1.25% Nov 05/20 795, , , Asian Development Bank 4.65% Feb 16/27 670, , , International Bank for Reconstruction and Development 1.88% May 30/19 683, , , Asian Development Bank 1.38% Jun 11/20 550, , , International Bank for Reconstruction & Development 1.25% Mar 18/21 538, , , Inter-American Development Bank 1.88% Mar 20/20 339, , , Asian Development Bank 2.25% Sep 16/21 145, , , EUROFIMA 4.55% Mar 30/27 120, , , ,481,458 8,311, Industrial Apple Inc. 2.51% Aug 19/24 2,057,000 2,056,977 2,033, Bell Canada 3.00% Oct 03/22 1,497,000 1,511,487 1,512, Shaw Communications Inc. 6.75% Nov 09/39 1,033,000 1,263,080 1,324, Rogers Communications Inc. 5.34% Mar 22/21 1,207,000 1,355,596 1,310, North West Redwater Partnership / NWR Financing Co., Ltd. 4.05% Jul 22/44 1,141,000 1,150,172 1,190, TransCanada PipeLines Limited 3.30% Jul 17/25 991,000 1,034,328 1,022, Rogers Communications Inc. 6.68% Nov 04/39 751, ,903 1,006, Bell Canada 3.35% Jun 18/19 982,000 1,019, , The Walt Disney Company 2.76% Oct 07/24 1,000,000 1,000, , Anheuser-Busch InBev Finance Inc. 2.60% May 15/24 1,010,000 1,009, , Ford Credit Canada Limited 3.28% Jul 02/21 970, , , Loblaw Companies Limited 4.86% Sep 12/23 882, , , TELUS Corporation 3.35% Apr 01/24 900, , , TELUS Corporation 2.35% Mar 28/22 905, , , International Inc. 5.75% Feb 14/36 682, , , Bell Canada Inc. 2.70% Feb 27/24 877, , , Bell Canada 4.75% Sep 29/44 796, , , Shaw Communications Inc. 5.50% Dec 07/20 787, , , North West Redwater Partnership / NWR Financing Co., Ltd. 2.10% Feb 23/22 825, , , Canadian Natural Resources, Ltd. 2.89% Aug 14/20 795, , , McDonald s Corporation 3.13% Mar 04/25 795, , , Rogers Communications Inc. 4.70% Sep 29/20 753, , , Bell Canada 6.10% Mar 16/35 640, , , Bell Canada 3.35% Mar 22/23 765, , , AT&T Inc. 3.83% Nov 25/20 753, , , TELUS Corporation 5.05% Dec 04/19 739, , , Canadian Natural Resources, Ltd. 3.31% Feb 11/22 758, , , Enbridge Inc. 3.19% Dec 05/22 754, , , Alimentation Couche-Tard Inc. 3.60% Jun 02/25 741, , , Ford Credit Canada Limited 2.58% May 10/21 759, , , Thomson Reuters Corporation 3.31% Nov 12/21 734, , , Bell Canada 3.25% Jun 17/20 732, , , TransCanada PipeLines Limited 4.55% Nov 15/41 676, , , TELUS Corporation 4.40% Jan 29/46 740, , , Canadian Natural Resources Limited 2.05% Jun 01/20 735, , , Bell Canada Inc. 3.60% Sep 29/27 720, , , Inter Pipeline, Ltd. 2.73% Apr 18/24 745, , , North West Redwater Partnership / NWR Financing Co., Ltd. 4.35% Jan 10/39 655, , , Rogers Communications Inc. 5.38% Nov 04/19 668, , ,

11 Vanguard Canadian Aggregate Bond Index ETF Description Par Value Average Cost ($) Fair Value ($) % of Net Assets PepsiCo, Inc. 2.15% May 06/24 720, , , Ford Credit Canada Company 2.71% Feb 23/22 695, , , Greater Toronto Airports Authority 5.30% Feb 25/41 504, , , Rogers Communications Inc. 4.00% Jun 06/22 643, , , TELUS Corporation 3.75% Jan 17/25 652, , , Husky Energy Inc. 3.55% Mar 12/25 662, , , Shaw Communications Inc. 5.65% Oct 01/19 634, , , TELUS Corporation 3.35% Mar 15/23 645, , , Daimler Canada Finance Inc. 1.78% Aug 19/19 662, , , Bell Canada 4.70% Sep 11/23 603, , , Enbridge Pipelines Inc. 3.45% Sep 29/25 627, , , AT&T Inc. 4.85% May 25/47 644, , , Teranet Holdings LP 4.81% Dec 16/20 614, , , Pembina Pipeline Corporation 4.24% Jun 15/27 615, , , Bell Canada 2.90% Aug 12/26 659, , , Shaw Communications Inc. 3.80% Mar 01/27 624, , , Toyota Credit Canada Inc. 1.80% Feb 19/20 640, , , WestJet Airlines, Ltd. 3.29% Jul 23/19 627, , , Loblaw Companies Limited 3.75% Mar 12/19 622, , , International Inc. 5.96% Dec 03/35 465, , , Bell Canada 2.00% Oct 01/21 640, , , Canadian National Railway Company 3.60% Aug 01/47 617, , , International Inc. 3.65% Sep 08/44 598, , , VW Credit Canada, Inc. 2.15% Jun 24/20 614, , , Suncor Energy Inc. 3.00% Sep 14/26 619, , , Bell Canada 3.55% Mar 02/26 600, , , TransCanada PipeLines Limited 3.65% Nov 15/21 575, , , Pembina Pipeline Corporation 4.81% Mar 25/44 582, , , Rogers Communications Inc. 4.00% Mar 13/24 561, , , Enbridge Inc. 3.94% Jun 30/23 570, , , Bell Canada 3.15% Sep 29/21 580, , , Enbridge Inc. 4.57% Mar 11/44 585, , , Pembina Pipeline Corporation 3.71% Aug 11/26 580, , , TELUS Corporation 4.85% Apr 05/44 544, , , Metro Inc. 5.97% Oct 15/35 475, , , Greater Toronto Airports Authority 6.98% Oct 15/32 390, , , Alimentation Couche-Tard Inc. 3.06% Jul 26/24 575, , , United Parcel Service, Inc. 2.13% May 21/24 590, , , TransCanada PipeLines Limited 4.35% Jun 06/46 525, , , Greater Toronto Airports Authority 7.05% Jun 12/30 394, , , North West Redwater Partnership / NWR Financing Co., Ltd. 3.65% Jun 01/35 547, , , Husky Energy Inc. 3.60% Mar 10/27 546, , , TransCanada PipeLines Limited 3.69% Jul 19/23 511, , , Anheuser-Busch InBev Finance Inc. 4.32% May 15/47 513, , , Cameco Corporation 3.75% Nov 14/22 545, , , Enbridge Gas Distribution Inc. 3.31% Sep 11/25 517, , , Suncor Energy Inc. 3.10% Nov 26/21 522, , , Toyota Credit Canada Inc. 2.02% Feb 28/22 528, , , Cameco Corporation 5.67% Sep 02/19 500, , , Shaw Communications Inc. 4.35% Jan 31/24 482, , , TransCanada PipeLines Ltd. 4.33% Sep 16/47 480, , , Enbridge Inc. 4.24% Aug 27/42 528, , , TELUS Corporation 4.40% Apr 01/43 507, , , Pembina Pipeline Corporation 4.74% Jan 21/47 500, , , AT&T Inc. 2.85% May 25/24 511, , , Canadian Natural Resources, Ltd. 2.60% Dec 03/19 494, , , Molson Coors International LP 3.44% Jul 15/26 500, , , Pembina Pipeline Corporation 3.54% Feb 03/25 485, , , AltaGas, Ltd. 3.84% Jan 15/25 474, , , TELUS Corporation 3.75% Mar 10/26 465, , , North West Redwater Partnership / NWR Financing Co., Ltd. 3.70% Feb 23/43 478, , , Canadian Natural Resources Limited 3.42% Dec 01/26 477, , , Honda Canada Finance Inc. 2.54% Mar 01/23 460, , , Ford Credit Canada Company 2.77% Jun 22/22 460, , ,

12 Vanguard Canadian Aggregate Bond Index ETF Description Par Value Average Cost ($) Fair Value ($) % of Net Assets Metro, Inc. 3.39% Dec 06/27 458, , , Canadian Natural Resources, Ltd. 3.05% Jun 19/19 445, , , Canadian Pacific Railway Company 6.45% Nov 17/39 315, , , Husky Energy Inc. 5.00% Mar 12/20 417, , , TransCanada PipeLines Limited 8.05% Feb 17/39 280, , , Westcoast Energy Inc. 5.60% Jan 16/19 411, , , Enbridge Inc. 3.16% Mar 11/21 420, , , TELUS Corporation 3.20% Apr 05/21 413, , , Rogers Communications Inc. 6.11% Aug 25/40 332, , , General Motors Financial of Canada, Ltd. 2.60% Jun 01/22 425, , , Inter Pipeline, Ltd. 4.97% Feb 02/21 390, , , Toyota Credit Canada Inc. 1.75% Jul 21/21 425, , , BMW Canada Inc. 1.83% Jun 15/21 420, , , Molson Coors International LP 2.75% Sep 18/20 409, , , Ford Credit Canada Limited 2.92% Sep 16/20 408, , , International Inc. 4.45% Nov 15/41 355, , , Enbridge Pipelines Inc. 3.00% Aug 10/26 410, , , Capital Power Corporation 4.28% Sep 18/24 400, , , Nissan Canada Financial Services Inc. 1.58% Oct 07/19 410, , , Honda Canada Finance Inc. 2.27% Jul 15/22 410, , , Bell Canada Inc. 4.45% Feb 27/47 384, , , BMW Canada Inc. 1.88% Dec 11/20 400, , , Kraft Canada Inc. 2.70% Jul 06/20 385, , , Thomson Reuters Corporation 3.37% May 23/19 378, , , Inter Pipeline, Ltd. 3.48% Dec 16/26 385, , , Daimler Canada Finance Inc. 1.57% May 25/20 390, , , Inter Pipeline, Ltd. 4.64% May 30/44 362, , , John Deere Canada Funding Inc. 2.05% Sep 17/20 385, , , Bell Canada 4.95% May 19/21 352, , , Enbridge Income Fund 3.95% Nov 19/24 367, , , International Inc. 4.30% May 26/21 356, , , Loblaw Companies Limited 5.22% Jun 18/20 354, , , TELUS Corporation 5.05% Jul 23/20 349, , , Thomson Reuters Corporation 4.35% Sep 30/20 352, , , Magna International, Inc. 3.10% Dec 15/22 365, , , Metro, Inc. 4.27% Dec 04/47 365, , , TELUS Corporation 3.60% Jan 26/21 352, , , Aeroports de Montreal 5.17% Sep 17/35 280, , , Enbridge Income Fund 4.10% Feb 22/19 348, , , Teranet Holdings LP 5.75% Dec 17/40 329, , , Enbridge Gas Distribution Inc. 4.00% Aug 22/44 321, , , International Inc. 4.19% Apr 25/42 311, , , Westcoast Energy Inc. 3.77% Dec 08/25 325, , , Pembina Pipeline Corporation 4.75% Apr 30/43 335, , , Saputo Inc. 2.65% Nov 26/19 331, , , SSL Finance Inc. 4.10% Oct 31/45 320, , , Molson Coors International LP 2.84% Jul 15/23 335, , , Honda Canada Finance Inc. 2.16% Feb 18/21 325, , , Enbridge Pipelines Inc. 4.55% Sep 29/45 295, , , Canadian Natural Resources, Ltd. 3.55% Jun 03/24 315, , , SNC-Lavalin Group Inc. 6.19% Jul 03/19 303, , , Enbridge Gas Distribution Inc. 5.21% Feb 25/36 259, , , Canadian Natural Resources, Ltd. 4.85% May 30/47 310, , , Daimler Canada Finance Inc. 2.23% Dec 16/21 319, , , Saputo Inc. 1.94% Jun 13/22 325, , , Enbridge Inc. 4.53% Mar 09/20 300, , , Enbridge Gas Distribution Inc. 4.04% Nov 23/20 296, , , Bell Canada 5.52% Feb 26/19 292, , , Enbridge Pipelines Inc. 4.55% Aug 17/43 277, , , Metro Inc. 3.20% Dec 01/21 295, , , TELUS Corporation 4.70% Mar 06/48 285, , , Enbridge Pipelines Inc. 4.13% Aug 09/46 290, , , Saputo Inc. 2.20% Jun 23/21 300, , , Inter Pipeline, Ltd. 2.61% Sep 13/23 302, , ,

13 Vanguard Canadian Aggregate Bond Index ETF Description Par Value Average Cost ($) Fair Value ($) % of Net Assets 407 International Inc. 2.43% May 04/27 300, , , TransCanada PipeLines Ltd. 3.39% Mar 15/28 285, , , Enbridge Inc. 3.20% Jun 08/27 295, , , Inter Pipeline, Ltd. 3.45% Jul 20/20 275, , , Ford Credit Canada Limited 3.14% Jun 14/19 275, , , BP Capital Markets PLC 3.50% Nov 09/20 265, , , Toyota Credit Canada Inc. 2.20% Feb 25/21 270, , , Veresen Inc. 3.43% Nov 10/21 262, , , AltaGas, Ltd. 3.57% Jun 12/23 260, , , John Deere Canada Funding Inc. 2.35% Jun 24/19 262, , , Nissan Canada Financial Services Inc. 1.75% Apr 09/20 265, , , Rogers Communications Inc. 6.56% Mar 22/41 195, , , Reliance LP 3.81% Sep 15/20 255, , , AltaGas, Ltd. 4.12% Apr 07/26 250, , , Alimentation Couche-Tard Inc. 4.21% Aug 21/20 247, , , Suncor Energy Inc. 4.34% Sep 13/46 239, , , Enbridge Pipelines Inc. 4.45% Apr 06/20 240, , , Westcoast Energy Inc. 3.43% Sep 12/24 242, , , Honda Canada Finance Inc. 2.49% Dec 19/22 250, , , BMW Canada Inc. 1.78% Oct 19/20 250, , , Enbridge Gas Distribution Inc. 4.95% Nov 22/50 193, , , Canadian National Railway Company 2.80% Sep 22/25 240, , , North West Redwater Partnership / NWR Financing Co., Ltd. 4.75% Jun 01/37 210, , , Aeroports de Montreal 5.67% Oct 16/37 171, , , Canadian National Railway Company 3.95% Sep 22/45 214, , , Toyota Credit Canada Inc. 2.35% Jul 18/22 226, , , Ottawa MacDonald-Cartier International Airport Authority 3.93% Jun 09/45 209, , , Inter Pipeline, Ltd. 3.17% Mar 24/25 221, , , Bell Canada 3.54% Jun 12/20 208, , , Metro, Inc. 2.68% Dec 05/22 215, , , AltaGas, Ltd. 4.50% Aug 15/44 216, , , Cameco Corporation 4.19% Jun 24/24 213, , , Enbridge Pipelines Inc. 5.33% Apr 06/40 173, , , Pembina Pipeline Corporation 3.77% Oct 24/22 195, , , APT Pipelines, Ltd. 4.25% Jul 24/19 196, , , Capital Power Corp. 5.28% Nov 16/20 181, , , Loblaw Companies Limited 5.90% Jan 18/36 157, , , Toyota Credit Canada Inc. 2.25% May 23/19 190, , , John Deere Canada Funding Inc. 2.63% Sep 21/22 190, , , TELUS Corporation 5.15% Nov 26/43 171, , , Daimler Canada Finance Inc. 1.91% Jul 08/21 190, , , Bell Canada 7.30% Feb 23/32 136, , , Bell Canada 4.35% Dec 18/45 180, , , TELUS Corporation 4.75% Jan 17/45 170, , , Honda Canada Finance Inc. Series % Dec 07/21 180, , , Enbridge Gas Distribution Inc. 2.50% Aug 05/26 175, , , North West Redwater Partnership / NWR Financing Co., Ltd. 4.15% Jun 01/33 160, , , Inter Pipeline, Ltd. 3.78% May 30/22 157, , , International Inc. 3.60% May 21/47 156, , , Enbridge Pipelines Inc. 4.49% Nov 12/19 153, , , North West Redwater Partnership / NWR Financing Co., Ltd. 4.25% Jun 01/29 146, , , Greater Toronto Airports Authority 1.51% Feb 16/21 160, , , Shaw Communications Inc. 3.15% Feb 19/21 150, , , North West Redwater Partnership / NWR Financing Co., Ltd. 2.80% Jun 01/27 155, , , Metro Inc. 5.03% Dec 01/44 133, , , International Inc. 3.98% Sep 11/52 131, , , Enbridge Inc. 4.77% Sep 02/19 135, , , Cogeco Cable Inc. 4.18% May 26/23 128, , , Enbridge Gas Distribution Inc. 3.51% Nov 29/47 120, , , AltaGas, Ltd. 3.72% Sep 28/21 106, , , International Inc. 4.99% Jun 16/20 98, , , Reliance LP 3.84% Mar 15/25 100,000 99,998 99, Bell Canada 6.17% Feb 26/37 78,000 95,719 97, Bell Canada 7.85% Apr 02/31 49,000 68,972 68,

14 Vanguard Canadian Aggregate Bond Index ETF Description Par Value Average Cost ($) Fair Value ($) % of Net Assets Ford Credit Canada Company 3.35% Sep 19/22 50,000 50,000 50, Rogers Communications Inc. 2.80% Mar 13/19 42,000 43,113 42, Alimentation Couche-Tard Inc. 3.32% Nov 01/19 40,000 41,832 40, NAV Canada 7.56% Mar 01/27 25,000 30,880 29, Penske Truck Leasing Canada Inc. 2.85% Dec 07/22 25,000 24,999 24, Pembina Pipeline Corporation 2.99% Jan 22/24 25,000 25,553 24, Aeroports de Montreal 6.55% Oct 11/33 15,000 21,656 21, ,853, ,493, Provincials/Municipals Province of Ontario 3.45% Jun 02/45 13,308,000 14,255,840 14,534, Province of Ontario 4.65% Jun 02/41 9,684,000 12,368,758 12,439, Province of Ontario 2.80% Jun 02/48 12,631,000 12,076,589 12,284, Province of Ontario 3.15% Jun 02/22 10,625,000 11,367,239 11,039, Province of Ontario 2.90% Dec 02/46 10,911,000 10,560,594 10,769, Province of Ontario 2.60% Jun 02/25 10,467,000 10,757,418 10,521, Province of Ontario 4.20% Jun 02/20 9,836,000 10,841,567 10,362, Province of Ontario 4.60% Jun 02/39 8,177,000 10,239,573 10,326, Province of Ontario 2.85% Jun 02/23 9,994,000 10,534,984 10,260, Province of Ontario 3.50% Jun 02/24 9,610,000 10,566,076 10,209, Province of Ontario 3.50% Jun 02/43 9,297,000 9,971,944 10,194, Province of Quebec 5.00% Dec 01/41 7,452,000 9,825,248 10,079, Province of Quebec 3.50% Dec 01/45 8,766,000 9,433,630 9,683, Province of Ontario 4.70% Jun 02/37 7,553,000 9,337,782 9,550, Province of Quebec 3.50% Dec 01/48 8,504,000 9,281,290 9,490, Province of Ontario 5.60% Jun 02/35 6,316,000 8,764,100 8,668, Hydro-Quebec 5.00% Feb 15/50 5,628,000 7,767,437 8,046, Province of Ontario 4.00% Jun 02/21 7,211,000 8,033,026 7,665, Province of Ontario 2.60% Jun 02/27 7,614,000 7,635,625 7,593, Province of Quebec 4.25% Dec 01/43 6,114,000 7,346,773 7,550, Province of Ontario 4.40% Jun 02/19 6,709,000 7,382,156 6,960, Province of Quebec 4.25% Dec 01/21 6,179,000 7,009,841 6,668, Province of Quebec 5.00% Dec 01/38 4,786,000 6,240,634 6,347, Province of Ontario 2.40% Jun 02/26 6,008,000 6,154,675 5,925, Province of Quebec 3.75% Sep 01/24 5,425,000 6,044,629 5,865, Province of Quebec 3.00% Sep 01/23 5,545,000 5,921,639 5,740, Province of Quebec 6.25% Jun 01/32 4,069,000 5,802,592 5,707, Hydro-Quebec 5.00% Feb 15/45 3,981,000 5,430,157 5,490, Province of Quebec 5.75% Dec 01/36 3,872,000 5,380,634 5,478, Province of Ontario 6.50% Mar 08/29 3,958,000 5,557,687 5,385, Province of Ontario 7.60% Jun 02/27 3,803,000 5,681,752 5,376, Province of Ontario 5.85% Mar 08/33 3,876,000 5,391,717 5,313, Province of Quebec 4.50% Dec 01/20 4,825,000 5,488,236 5,167, Province of Quebec 2.50% Sep 01/26 4,992,000 5,129,810 4,964, Hydro-Quebec 6.00% Feb 15/40 3,205,000 4,737,003 4,786, Province of Quebec 2.75% Sep 01/25 4,644,000 4,815,256 4,720, Hydro-Quebec 6.50% Feb 15/35 3,048,000 4,494,227 4,532, Province of Quebec 3.50% Dec 01/22 4,207,000 4,619,590 4,450, Province of Quebec 4.50% Dec 01/19 4,198,000 4,645,614 4,406, Province of Alberta 3.30% Dec 01/46 3,997,000 4,137,327 4,206, Province of British Columbia 4.30% Jun 18/42 3,081,000 3,745,149 3,847, Province of Alberta 3.05% Dec 01/48 3,796,000 3,699,999 3,828, Province of Quebec 6.00% Oct 01/29 2,740,000 3,777,316 3,630, Province of British Columbia 4.95% Jun 18/40 2,398,000 3,241,309 3,216, Province of British Columbia 3.20% Jun 18/44 3,040,000 3,120,297 3,215, Province of Alberta 2.20% Jun 01/26 3,290,000 3,270,247 3,183, Province of British Columbia 5.70% Jun 18/29 2,288,000 3,042,210 2,959, Province of British Columbia 2.80% Jun 18/48 2,977,000 2,900,904 2,924, Province of Ontario 6.20% Jun 02/31 2,104,000 2,986,531 2,898, Province of Alberta 1.35% Sep 01/21 2,585,000 2,573,234 2,519, Province of Quebec 9.38% Jan 16/23 1,845,000 2,665,380 2,458, Province of Quebec 8.50% Apr 01/26 1,680,000 2,617,456 2,402, Province of Quebec 2.75% Sep 01/27 2,328,000 2,376,316 2,355, Province of Alberta 2.35% Jun 01/25 2,320,000 2,341,064 2,288, Province of Ontario 1.35% Mar 08/22 2,350,000 2,319,042 2,271,

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