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:
12-31-2022
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]
02-06-2023
                           [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:
154
Form 13F Information table Value Total:
2137474350
          (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 INCCOM00510L106277,970180,210SHSOLE180,210 0 0
AGNICO EAGLE MINES LTDCOM00847410824,030,390462,763SHSOLE462,763 0 0
AIR PRODS & CHEMS INCCOM00915810611,913,94038,649SHSOLE38,649 0 0
ALGONQUIN PWR UTILS CORPCOM015857105685,100105,247SHSOLE105,247 0 0
ALPHABET INCCAP STK CL A02079K3051,199,93013,600SHSOLE13,600 0 0
ALPHABET INCCAP STK CL C02079K107979,58011,040SHSOLE11,040 0 0
AMAZON COM INCCOM023135106703,9208,380SHSOLE8,380 0 0
AMERICAN INTL GROUP INCCOM NEW0268747842,774,66043,875SHSOLE43,875 0 0
AMERICAN WTR WKS CO INC NEWCOM0304201032,983,47019,574SHSOLE19,574 0 0
AMPHENOL CORP NEWCL A032095101228,9503,007SHSOLE3,007 0 0
ANALOG DEVICES INCCOM03265410528,483,650173,649SHSOLE173,649 0 0
APPLE INCCOM0378331003,628,43027,926SHSOLE27,926 0 0
ASTRAZENECA PLCSPONSORED ADR04635310838,436,570566,911SHSOLE566,911 0 0
AT&T INCCOM00206R1022,444,900132,803SHSOLE132,803 0 0
AURORA CANNABIS INCCOM05156X88432,93035,697SHSOLE35,697 0 0
B2GOLD CORPCOM11777Q209244,95069,000SHSOLE69,000 0 0
BANK AMERICA CORPCOM060505104509,02015,369SHSOLE15,369 0 0
BANK MONTREAL QUECOM06367110173,100,030807,492SHSOLE807,492 0 0
BANK NOVA SCOTIA HALIFAXCOM06414910752,333,7701,068,883SHSOLE1,068,883 0 0
BARRICK GOLD CORPCOM06790110812,170,720710,501SHSOLE710,501 0 0
BCE INCCOM NEW05534B76011,800,300268,765SHSOLE268,765 0 0
BERKSHIRE HATHAWAY INC DELCL A0846701083,749,6908SHSOLE8 0 0
BERKSHIRE HATHAWAY INC DELCL B NEW084670702609,1501,972SHSOLE1,972 0 0
BRAGG GAMING GROUP INCCOM NEW104833306310,38080,105SHSOLE80,105 0 0
BROADRIDGE FINL SOLUTIONS INCOM11133T1032,436,87018,168SHSOLE18,168 0 0
BROOKFIELD ASSET MANAGMT LTDCL A LMT VTG SHS11300410517,117,300598,223SHSOLE598,223 0 0
BROOKFIELD CORPCL A LTD VT SH11271J10758,085,2401,848,348SHSOLE1,848,348 0 0
BRP INCCOM SUN VTG05577W200734,8309,645SHSOLE9,645 0 0
CAMECO CORPCOM13321L1083,057,790135,000SHSOLE135,000 0 0
CANADIAN IMPERIAL BK COMM TOCOM13606910127,281,940674,926SHSOLE674,926 0 0
CANADIAN NAT RES LTDCOM13638510177,591,8901,398,234SHSOLE1,398,234 0 0
CANADIAN NATL RY COCOM13637510280,307,880676,531SHSOLE676,531 0 0
CANADIAN PAC RY LTDCOM13645T10056,694,070760,948SHSOLE760,948 0 0
CENOVUS ENERGY INCCOM15135U10913,984,640721,298SHSOLE721,298 0 0
CGI INCCL A SUB VTG12532H10464,075,330743,886SHSOLE743,886 0 0
CHEVRON CORP NEWCOM166764100735,9104,100SHSOLE4,100 0 0
CHUBB LIMITEDCOMH1467J10420,480,28092,839SHSOLE92,839 0 0
CHURCH & DWIGHT CO INCCOM17134010214,929,290185,204SHSOLE185,204 0 0
CITIGROUP INCCOM NEW172967424678,45015,000SHSOLE15,000 0 0
CMS ENERGY CORPCOM12589610028,698,370453,156SHSOLE453,156 0 0
COLLIERS INTL GROUP INCSUB VTG SHS19469310714,491,210157,862SHSOLE157,862 0 0
COMCAST CORP NEWCL A20030N101650,97018,615SHSOLE18,615 0 0
CONOCOPHILLIPSCOM20825C10418,234,660154,531SHSOLE154,531 0 0
COSTCO WHSL CORP NEWCOM22160K105395,330866SHSOLE866 0 0
CROWN CASTLE INCCOM22822V1017,323,61053,993SHSOLE53,993 0 0
CVS HEALTH CORPCOM12665010028,401,610304,771SHSOLE304,771 0 0
DEERE & COCOM244199105351,580820SHSOLE820 0 0
DISNEY WALT COCOM254687106387,5704,461SHSOLE4,461 0 0
DOLLAR GEN CORP NEWCOM25667710518,382,32074,649SHSOLE74,649 0 0
EMERSON ELEC COCOM29101110413,189,710137,307SHSOLE137,307 0 0
ENBRIDGE INCCOM29250N10572,571,9901,858,116SHSOLE1,858,116 0 0
ENERPLUS CORPCOM2927661021,493,72084,683SHSOLE84,683 0 0
ENPHASE ENERGY INCCOM29355A107597,2202,254SHSOLE2,254 0 0
ENTHUSIAST GAMING HLDGS INCCOM29385B109122,640224,550SHSOLE224,550 0 0
FORTIS INCCOM34955310731,585,520789,901SHSOLE789,901 0 0
FORTIVE CORPCOM34959J1083,195,09049,729SHSOLE49,729 0 0
FRANCO NEV CORPCOM35185810528,229,740207,238SHSOLE207,238 0 0
GENERAL MLS INCCOM370334104251,5503,000SHSOLE3,000 0 0
GRANITE REAL ESTATE INVT TRUNIT 99/99/999938743711416,666,010326,891SHSOLE326,891 0 0
GRUPO AVAL ACCIONES Y VALORESPONSORED ADS40053W101107,66042,553SHSOLE42,553 0 0
IMPERIAL OIL LTDCOM NEW453038408438,0609,000SHSOLE9,000 0 0
INTERNATIONAL BUSINESS MACHSCOM459200101523,8303,718SHSOLE3,718 0 0
INVESCO EXCH TRADED FD TR IIFTSE RAFI DEV46138E7432,315,31055,737SHSOLE55,737 0 0
INVESCO EXCH TRADED FD TR IIFTSE RAFI EMNG46138E7276,130,740347,942SHSOLE347,942 0 0
INVESCO EXCHANGE TRADED FD TFTSE RAFI 100046137V6133,719,72023,975SHSOLE23,975 0 0
INVESCO QQQ TRUNIT SER 146090E103248,170932SHSOLE932 0 0
ISHARES INCMSCI CDA ETF464286509253,6607,750SHSOLE7,750 0 0
ISHARES INCMSCI JPN ETF NEW46434G822935,82017,190SHSOLE17,190 0 0
ISHARES TRCORE 1 5 YR USD46432F859417,9609,000PRNSOLE9,000 0 0
ISHARES TRCORE US AGGBD ET464287226739,5607,624PRNSOLE7,624 0 0
ISHARES TRESG SCRND S&P50046436E569907,52031,917SHSOLE31,917 0 0
ISHARES TRIBOXX INV CP ETF464287242650,1906,167PRNSOLE6,167 0 0
ISHARES TRMBS ETF464288588288,6403,112PRNSOLE3,112 0 0
ISHARES TRMSCI ACWI ETF464288257843,7109,940SHSOLE9,940 0 0
ISHARES TRMSCI USA MIN VOL46429B697594,0608,235SHSOLE8,235 0 0
ISHARES TRMSCI USA MMENTM46432F396291,8602,000SHSOLE2,000 0 0
ISHARES TRSHORT TREAS BD464288679611,2205,562PRNSOLE5,562 0 0
JOHNSON & JOHNSONCOM47816010427,543,800155,923SHSOLE155,923 0 0
JPMORGAN CHASE & COCOM46625H100706,7105,270SHSOLE5,270 0 0
LIGHTSPEED COMMERCE INCSUB VTG SHS53229C107256,34017,950SHSOLE17,950 0 0
LLOYDS BANKING GROUP PLCSPONSORED ADR539439109156,26071,029SHSOLE71,029 0 0
LOCKHEED MARTIN CORPCOM53983010928,951,51059,511SHSOLE59,511 0 0
MAGNA INTL INCCOM5592224015,918,750105,438SHSOLE105,438 0 0
MANULIFE FINL CORPCOM56501R10629,144,0601,635,146SHSOLE1,635,146 0 0
MEDTRONIC PLCSHSG5960L103248,8603,202SHSOLE3,202 0 0
MERCADOLIBRE INCCOM58733R1028,305,0009,814SHSOLE9,814 0 0
MICRON TECHNOLOGY INCCOM595112103684,73013,700SHSOLE13,700 0 0
MICROSOFT CORPCOM59491810437,961,590158,292SHSOLE158,292 0 0
MONDELEZ INTL INCCL A609207105722,95010,847SHSOLE10,847 0 0
NASDAQ INCCOM6311031083,255,84053,070SHSOLE53,070 0 0
NEWMONT CORPCOM651639106212,4104,509SHSOLE4,509 0 0
NEXTERA ENERGY INCCOM65339F10119,303,740230,906SHSOLE230,906 0 0
NUTRIEN LTDCOM67077M10836,877,630505,487SHSOLE505,487 0 0
NUVEI CORPORATIONSUB VTG SHS67079A10213,304,930523,904SHSOLE523,904 0 0
OPEN TEXT CORPCOM68371510653,893,9101,820,130SHSOLE1,820,130 0 0
PAYPAL HLDGS INCCOM70450Y1036,706,29094,163SHSOLE94,163 0 0
PEMBINA PIPELINE CORPCOM7063271035,307,160156,461SHSOLE156,461 0 0
PHILIP MORRIS INTL INCCOM718172109202,4202,000SHSOLE2,000 0 0
PROCTER AND GAMBLE COCOM7427181098,870,20058,526SHSOLE58,526 0 0
PROSHARES TRPSHS ULTSH 20YRS74347B201325,00010,000SHSOLE10,000 0 0
PULTE GROUP INCCOM7458671017,934,060174,260SHSOLE174,260 0 0
QUANTUMSCAPE CORPCOM CL A74767V109122,00021,517SHSOLE21,517 0 0
RELX PLCSPONSORED ADR759530108552,10019,917SHSOLE19,917 0 0
RESTAURANT BRANDS INTL INCCOM76131D10366,195,7401,024,232SHSOLE1,024,232 0 0
REUNION NEUROSCIENCE INCCOM76134G10317,57020,000SHSOLE20,000 0 0
RIO TINTO PLCSPONSORED ADR7672041005,403,44075,891SHSOLE75,891 0 0
RITCHIE BROS AUCTIONEERSCOM76774410538,397,130665,212SHSOLE665,212 0 0
ROGERS COMMUNICATIONS INCCL B7751092008,788,450187,911SHSOLE187,911 0 0
ROSS STORES INCCOM77829610316,318,980140,596SHSOLE140,596 0 0
ROYAL BK CDA SUSTAINABLCOM780087102146,929,2301,563,880SHSOLE1,563,880 0 0
SALESFORCE INCCOM79466L3024,789,55036,123SHSOLE36,123 0 0
SANOFISPONSORED ADR80105N105218,4204,510SHSOLE4,510 0 0
SCHWAB STRATEGIC TRSCHWAB FDT US LG8085247714,487,78083,978SHSOLE83,978 0 0
SCHWAB STRATEGIC TRSCHWAB FDT US SC808524763400,6708,576SHSOLE8,576 0 0
SCHWAB STRATEGIC TRSCHWB FDT INT LG8085247551,380,97047,505SHSOLE47,505 0 0
SHAW COMMUNICATIONS INCCL B CONV82028K2001,805,23062,702SHSOLE62,702 0 0
SHOALS TECHNOLOGIES GROUP INCL A82489W107612,61024,832SHSOLE24,832 0 0
SHOPIFY INCCL A82509L10726,778,040771,813SHSOLE771,813 0 0
SOLAREDGE TECHNOLOGIES INCCOM83417M104711,0102,510SHSOLE2,510 0 0
SONY GROUP CORPORATIONSPONSORED ADR835699307233,4903,061SHSOLE3,061 0 0
SOUTHWESTERN ENERGY COCOM845467109351,00060,000SHSOLE60,000 0 0
SPDR GOLD TRGOLD SHS78463V1072,714,92016,004SHSOLE16,004 0 0
SPDR SER TRBLOOMBERG 1-3 MO78468R663443,6304,850PRNSOLE4,850 0 0
SPROTT PHYSICAL GOLD & SILVETR UNIT85208R101210,44011,313SHSOLE11,313 0 0
STAGWELL INCCOM CL A85256A10912,257,7101,973,866SHSOLE1,973,866 0 0
STANTEC INCCOM85472N10936,844,260769,454SHSOLE769,454 0 0
STRYKER CORPORATIONCOM863667101232,270950SHSOLE950 0 0
SUN LIFE FINANCIAL INC.COM86679610519,108,030411,940SHSOLE411,940 0 0
SUNCOR ENERGY INC NEWCOM86722410735,423,4901,117,511SHSOLE1,117,511 0 0
TAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS8740391001,209,20016,233SHSOLE16,233 0 0
TC ENERGY CORPCOM87807B10743,388,2601,089,088SHSOLE1,089,088 0 0
TELUS CORPORATIONCOM87971M10330,052,8401,558,367SHSOLE1,558,367 0 0
TELUS INTL CDA INCSUB VTG SHS87975H1006,390,440323,933SHSOLE323,933 0 0
TESLA INCCOM88160R1015,675,40046,074SHSOLE46,074 0 0
THERMO FISHER SCIENTIFIC INCCOM88355610221,062,79038,248SHSOLE38,248 0 0
THOMSON REUTERS CORP.COM NEW88490370936,438,030319,641SHSOLE319,641 0 0
TORONTO DOMINION BK ONTCOM NEW891160509127,914,6301,976,937SHSOLE1,976,937 0 0
TRICON RESIDENTIAL INCCOM NPV89612W1026,995,440907,869SHSOLE907,869 0 0
UNITED CMNTY BKS BLAIRSVLE GCOM90984P30314,274,920422,335SHSOLE422,335 0 0
US BANCORP DELCOM NEW902973304266,9806,122SHSOLE6,122 0 0
VANGUARD INDEX FDSS&P 500 ETF SHS9229083631,741,2404,956SHSOLE4,956 0 0
VANGUARD INDEX FDSSM CP VAL ETF922908611382,7102,410SHSOLE2,410 0 0
VANGUARD INDEX FDSSMALL CP ETF922908751926,1405,046SHSOLE5,046 0 0
VANGUARD INDEX FDSTOTAL STK MKT922908769808,7304,230SHSOLE4,230 0 0
VANGUARD INDEX FDSVALUE ETF922908744347,3402,475SHSOLE2,475 0 0
VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF922042858262,6506,738SHSOLE6,738 0 0
VANGUARD INTL EQUITY INDEX FFTSE EUROPE ETF922042874631,18011,385SHSOLE11,385 0 0
VANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT9219438581,126,73026,846SHSOLE26,846 0 0
VISA INCCOM CL A92826C83935,049,940168,704SHSOLE168,704 0 0
WASTE CONNECTIONS INCCOM94106B10131,005,730234,072SHSOLE234,072 0 0
WELLS FARGO CO NEWCOM949746101334,4508,100SHSOLE8,100 0 0
WEST FRASER TIMBER CO LTDCOM9528451054,591,46063,631SHSOLE63,631 0 0
WOLFSPEED INCCOM977852102695,92010,080SHSOLE10,080 0 0
ZOETIS INCCL A98978V10320,316,670138,633SHSOLE138,633 0 0