UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
Report for the Calendar Year or Quarter Ended:
03-31-2023
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:
CIDEL ASSET MANAGEMENT INC
Address:
60 BLOOR ST. W, 9TH FLOOR
TORONTO, ONTARIO, A6 M4W 3B8
Form 13F File Number:
028-16679

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:
Name:
TIZIANA MAZZILLI
Title:
SVP
Phone:
416-645-8737


Signature, Place, and Date of Signing:

/s/ TIZIANA MAZZILLI
                         [Signature]
TORONTO, ONTARIO, CANADA
                 [City, State]
05-04-2023
                           [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).) 

☐ 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).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
0
Form 13F Information table Entry Total:
150
Form 13F Information table Value Total:
2178621410
          (thousands)

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.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

  
NONE


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
ACUITYADS HLDGS INCCOM00510L106284,960180,210SHSOLE180,210 0 0
AGNICO EAGLE MINES LTDCOM00847410828,363,980557,132SHSOLE557,132 0 0
AIR PRODS & CHEMS INCCOM00915810616,338,80056,888SHSOLE56,888 0 0
ALGONQUIN PWR UTILS CORPCOM015857105557,59066,544SHSOLE66,544 0 0
ALPHABET INCCAP STK CL A02079K3051,383,76013,340SHSOLE13,340 0 0
ALPHABET INCCAP STK CL C02079K1071,116,96010,740SHSOLE10,740 0 0
AMAZON COM INCCOM023135106855,2408,280SHSOLE8,280 0 0
AMERICAN INTL GROUP INCCOM NEW0268747842,209,55043,875SHSOLE43,875 0 0
AMERICAN WTR WKS CO INC NEWCOM0304201032,172,59014,831SHSOLE14,831 0 0
AMPHENOL CORP NEWCL A032095101245,7303,007SHSOLE3,007 0 0
ANALOG DEVICES INCCOM03265410535,834,280181,697SHSOLE181,697 0 0
ANSYS INCCOM03662Q105287,210863SHSOLE863 0 0
APPLE INCCOM0378331005,244,31031,803SHSOLE31,803 0 0
ASTRAZENECA PLCSPONSORED ADR04635310838,555,590555,476SHSOLE555,476 0 0
AT&T INCCOM00206R1022,635,770136,923SHSOLE136,923 0 0
AURORA CANNABIS INCCOM05156X88424,79035,697SHSOLE35,697 0 0
B2GOLD CORPCOM11777Q209272,26069,000SHSOLE69,000 0 0
BANK AMERICA CORPCOM060505104444,39015,538SHSOLE15,538 0 0
BANK MONTREAL QUECOM06367110171,235,040800,847SHSOLE800,847 0 0
BANK NOVA SCOTIA HALIFAXCOM06414910753,729,2401,068,231SHSOLE1,068,231 0 0
BARRICK GOLD CORPCOM06790110813,365,520720,934SHSOLE720,934 0 0
BCE INCCOM NEW05534B7609,892,800221,150SHSOLE221,150 0 0
BERKSHIRE HATHAWAY INC DELCL A0846701083,724,8008SHSOLE8 0 0
BERKSHIRE HATHAWAY INC DELCL B NEW084670702610,4401,977SHSOLE1,977 0 0
BRAGG GAMING GROUP INCCOM NEW104833306459,360129,516SHSOLE129,516 0 0
BROOKFIELD ASSET MANAGMT LTDCL A LMT VTG SHS11300410519,911,310608,696SHSOLE608,696 0 0
BROOKFIELD CORPCL A LTD VT SH11271J10759,697,9501,834,936SHSOLE1,834,936 0 0
BRP INCCOM SUN VTG05577W200656,5108,401SHSOLE8,401 0 0
CAMECO CORPCOM13321L1082,745,740105,000SHSOLE105,000 0 0
CANADIAN IMPERIAL BK COMM TOCOM13606910128,328,800668,972SHSOLE668,972 0 0
CANADIAN NAT RES LTDCOM13638510177,258,3001,398,015SHSOLE1,398,015 0 0
CANADIAN NATL RY COCOM13637510280,205,730680,670SHSOLE680,670 0 0
CANADIAN PAC RY LTDCOM13645T10059,185,200769,658SHSOLE769,658 0 0
CENOVUS ENERGY INCCOM15135U10912,760,600732,382SHSOLE732,382 0 0
CGI INCCL A SUB VTG12532H10471,517,330743,094SHSOLE743,094 0 0
CHEVRON CORP NEWCOM166764100668,9604,100SHSOLE4,100 0 0
CHUBB LIMITEDCOMH1467J10415,094,78077,736SHSOLE77,736 0 0
CHURCH & DWIGHT CO INCCOM17134010219,827,620224,269SHSOLE224,269 0 0
CITIGROUP INCCOM NEW172967424703,35015,000SHSOLE15,000 0 0
CMS ENERGY CORPCOM12589610029,564,170481,658SHSOLE481,658 0 0
COLLIERS INTL GROUP INCSUB VTG SHS19469310717,843,950169,313SHSOLE169,313 0 0
COMCAST CORP NEWCL A20030N101701,90018,515SHSOLE18,515 0 0
CONOCOPHILLIPSCOM20825C10413,302,870134,088SHSOLE134,088 0 0
COSTCO WHSL CORP NEWCOM22160K105430,290866SHSOLE866 0 0
CROWN CASTLE INCCOM22822V1017,276,21054,365SHSOLE54,365 0 0
CVS HEALTH CORPCOM126650100403,5005,430SHSOLE5,430 0 0
DEERE & COCOM244199105333,190807SHSOLE807 0 0
DOLLAR GEN CORP NEWCOM25667710518,777,24089,220SHSOLE89,220 0 0
DUOLINGO INCCL A COM26603R106217,8801,528SHSOLE1,528 0 0
ENBRIDGE INCCOM29250N10571,449,2701,876,497SHSOLE1,876,497 0 0
ENERPLUS CORPCOM2927661021,218,92084,683SHSOLE84,683 0 0
ENPHASE ENERGY INCCOM29355A107843,2204,010SHSOLE4,010 0 0
ENTHUSIAST GAMING HLDGS INCCOM29385B109134,400224,550SHSOLE224,550 0 0
FOMENTO ECONOMICO MEXICANO SSPON ADR UNITS34441910613,713,930144,069SHSOLE144,069 0 0
FORTINET INCCOM34959E1091,516,75022,822SHSOLE22,822 0 0
FORTIS INCCOM34955310733,609,270791,734SHSOLE791,734 0 0
FRANCO NEV CORPCOM35185810535,382,550242,910SHSOLE242,910 0 0
GENERAL MLS INCCOM370334104256,3803,000SHSOLE3,000 0 0
GRANITE REAL ESTATE INVT TRUNIT 99/99/99993874371148,495,400137,379SHSOLE137,379 0 0
GRUPO AVAL ACCIONES Y VALORESPONSORED ADS40053W10199,57042,553SHSOLE42,553 0 0
IMPERIAL OIL LTDCOM NEW453038408457,0709,000SHSOLE9,000 0 0
INTERNATIONAL BUSINESS MACHSCOM459200101487,3903,718SHSOLE3,718 0 0
INVESCO EXCH TRADED FD TR IIFTSE RAFI DEV46138E7431,045,90023,738SHSOLE23,738 0 0
INVESCO EXCH TRADED FD TR IIFTSE RAFI EMNG46138E7276,207,720338,111SHSOLE338,111 0 0
INVESCO EXCHANGE TRADED FD TFTSE RAFI 100046137V6133,802,07024,251SHSOLE24,251 0 0
ISHARES INCMSCI CDA ETF464286509264,9007,750SHSOLE7,750 0 0
ISHARES INCMSCI JPN ETF NEW46434G8221,008,88017,190SHSOLE17,190 0 0
ISHARES TRCORE 1 5 YR USD46432F859518,99011,006PRNSOLE11,006 0 0
ISHARES TRCORE US AGGBD ET464287226868,5608,724PRNSOLE8,724 0 0
ISHARES TRIBOXX INV CP ETF464287242670,5906,118PRNSOLE6,118 0 0
ISHARES TRMBS ETF464288588273,5802,888PRNSOLE2,888 0 0
ISHARES TRMSCI ACWI ETF464288257559,3606,136SHSOLE6,136 0 0
ISHARES TRMSCI USA MIN VOL46429B697598,8608,235SHSOLE8,235 0 0
ISHARES TRMSCI USA MMENTM46432F396678,9304,883SHSOLE4,883 0 0
ISHARES TRRUS 1000 GRW ETF4642876141,095,8204,485SHSOLE4,485 0 0
ISHARES TRSHORT TREAS BD464288679695,9406,300PRNSOLE6,300 0 0
ISHARES TRU.S. TECH ETF464287721229,3302,471SHSOLE2,471 0 0
JACOBS SOLUTIONS INCCOM46982L10821,819,370185,681SHSOLE185,681 0 0
JOHNSON & JOHNSONCOM47816010424,238,440156,377SHSOLE156,377 0 0
JPMORGAN CHASE & COCOM46625H100693,6405,323SHSOLE5,323 0 0
LIGHTSPEED COMMERCE INCSUB VTG SHS53229C107272,56017,950SHSOLE17,950 0 0
LLOYDS BANKING GROUP PLCSPONSORED ADR539439109164,79071,029SHSOLE71,029 0 0
LOCKHEED MARTIN CORPCOM53983010922,595,55047,798SHSOLE47,798 0 0
MAGNA INTL INCCOM5592224015,743,330107,373SHSOLE107,373 0 0
MANULIFE FINL CORPCOM56501R10637,885,3802,067,427SHSOLE2,067,427 0 0
MERCADOLIBRE INCCOM58733R10212,914,3509,798SHSOLE9,798 0 0
MICRON TECHNOLOGY INCCOM595112103826,66013,700SHSOLE13,700 0 0
MICROSOFT CORPCOM59491810445,344,400157,282SHSOLE157,282 0 0
NASDAQ INCCOM6311031081,882,56034,435SHSOLE34,435 0 0
NEWMONT CORPCOM651639106220,5904,509SHSOLE4,509 0 0
NEXTERA ENERGY INCCOM65339F1011,077,27013,976SHSOLE13,976 0 0
NUTRIEN LTDCOM67077M10818,553,510251,572SHSOLE251,572 0 0
NUVEI CORPORATIONSUB VTG SHS67079A10223,373,530537,238SHSOLE537,238 0 0
OPEN TEXT CORPCOM68371510677,166,6002,003,327SHSOLE2,003,327 0 0
PAYPAL HLDGS INCCOM70450Y103247,0303,253SHSOLE3,253 0 0
PEMBINA PIPELINE CORPCOM7063271039,783,610302,436SHSOLE302,436 0 0
PROCTER AND GAMBLE COCOM7427181097,510,03050,508SHSOLE50,508 0 0
PROSHARES TRPSHS ULTSH 20YRS74347B201483,71017,300SHSOLE17,300 0 0
PULTE GROUP INCCOM74586710114,277,490244,981SHSOLE244,981 0 0
QUANTA SVCS INCCOM74762E102254,2901,526SHSOLE1,526 0 0
QUANTUMSCAPE CORPCOM CL A74767V109179,93021,996SHSOLE21,996 0 0
RELX PLCSPONSORED ADR759530108638,78019,691SHSOLE19,691 0 0
RESTAURANT BRANDS INTL INCCOM76131D10368,789,6601,026,083SHSOLE1,026,083 0 0
REUNION NEUROSCIENCE INCCOM76134G10313,74020,000SHSOLE20,000 0 0
RIO TINTO PLCSPONSORED ADR7672041005,572,45081,231SHSOLE81,231 0 0
RITCHIE BROS AUCTIONEERSCOM76774410538,627,990687,496SHSOLE687,496 0 0
ROGERS COMMUNICATIONS INCCL B7751092008,754,460189,142SHSOLE189,142 0 0
ROSS STORES INCCOM778296103512,0804,825SHSOLE4,825 0 0
ROYAL BK CDA SUSTAINABLCOM780087102148,835,6901,558,428SHSOLE1,558,428 0 0
SALESFORCE INCCOM79466L30217,199,86086,094SHSOLE86,094 0 0
SCHWAB STRATEGIC TRSCHWAB FDT US LG8085247714,612,07083,978SHSOLE83,978 0 0
SCHWAB STRATEGIC TRSCHWAB FDT US SC808524763417,3908,576SHSOLE8,576 0 0
SCHWAB STRATEGIC TRSCHWB FDT INT LG8085247551,229,22039,310SHSOLE39,310 0 0
SHOALS TECHNOLOGIES GROUP INCL A82489W107564,21024,757SHSOLE24,757 0 0
SHOPIFY INCCL A82509L10737,066,440774,134SHSOLE774,134 0 0
SOLAREDGE TECHNOLOGIES INCCOM83417M1041,847,7106,079SHSOLE6,079 0 0
SOUTHWESTERN ENERGY COCOM845467109300,00060,000SHSOLE60,000 0 0
SPDR GOLD TRGOLD SHS78463V1072,915,76015,914SHSOLE15,914 0 0
SPROTT PHYSICAL GOLD & SILVETR UNIT85208R101221,51011,313SHSOLE11,313 0 0
STAGWELL INCCOM CL A85256A10912,871,6501,734,724SHSOLE1,734,724 0 0
STANTEC INCCOM85472N10939,031,930668,572SHSOLE668,572 0 0
STRYKER CORPORATIONCOM863667101278,330975SHSOLE975 0 0
SUN LIFE FINANCIAL INC.COM86679610513,397,960287,173SHSOLE287,173 0 0
SUNCOR ENERGY INC NEWCOM86722410735,036,5801,130,047SHSOLE1,130,047 0 0
TAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS874039100638,6806,866SHSOLE6,866 0 0
TC ENERGY CORPCOM87807B10737,663,010969,588SHSOLE969,588 0 0
TECK RESOURCES LTDCL B87874220411,355,220311,400SHSOLE311,400 0 0
TELUS CORPORATIONCOM87971M10330,316,4601,529,213SHSOLE1,529,213 0 0
TELUS INTL CDA INCSUB VTG SHS87975H1006,319,530313,165SHSOLE313,165 0 0
TESLA INCCOM88160R1019,039,86043,574SHSOLE43,574 0 0
THERMO FISHER SCIENTIFIC INCCOM88355610222,144,71038,421SHSOLE38,421 0 0
THOMSON REUTERS CORP.COM NEW88490370946,541,620358,207SHSOLE358,207 0 0
THREDUP INCCL A88556E10256,03022,147SHSOLE22,147 0 0
TORONTO DOMINION BK ONTCOM NEW891160509115,879,8701,937,320SHSOLE1,937,320 0 0
TRICON RESIDENTIAL INCCOM NPV89612W1027,030,620907,869SHSOLE907,869 0 0
UNITED CMNTY BKS BLAIRSVLE GCOM90984P3039,420,230335,001SHSOLE335,001 0 0
VANGUARD INDEX FDSS&P 500 ETF SHS9229083631,863,8004,956SHSOLE4,956 0 0
VANGUARD INDEX FDSSM CP VAL ETF922908611382,6102,410SHSOLE2,410 0 0
VANGUARD INDEX FDSSMALL CP ETF922908751956,5205,046SHSOLE5,046 0 0
VANGUARD INDEX FDSTOTAL STK MKT922908769863,3404,230SHSOLE4,230 0 0
VANGUARD INDEX FDSVALUE ETF922908744341,6502,475SHSOLE2,475 0 0
VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF922042858264,6206,550SHSOLE6,550 0 0
VANGUARD INTL EQUITY INDEX FFTSE EUROPE ETF922042874693,92011,385SHSOLE11,385 0 0
VANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT9219438581,212,63026,846SHSOLE26,846 0 0
VISA INCCOM CL A92826C83937,668,280167,073SHSOLE167,073 0 0
WASTE CONNECTIONS INCCOM94106B10132,359,700232,823SHSOLE232,823 0 0
WELLS FARGO CO NEWCOM949746101280,3507,500SHSOLE7,500 0 0
WEST FRASER TIMBER CO LTDCOM9528451054,616,88064,816SHSOLE64,816 0 0
WOLFSPEED INCCOM977852102342,2905,270SHSOLE5,270 0 0
ZOETIS INCCL A98978V10320,683,000124,267SHSOLE124,267 0 0