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    Amendment: SEC Form SCHEDULE 13G/A filed by Stantec Inc

    7/31/25 4:56:08 PM ET
    $STN
    Military/Government/Technical
    Consumer Discretionary
    Get the next $STN alert in real time by email



    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549


    SCHEDULE 13G


    UNDER THE SECURITIES EXCHANGE ACT OF 1934
    (Amendment No. 1)


    STANTEC INC.

    (Name of Issuer)


    Common Shares

    (Title of Class of Securities)


    85472N109

    (CUSIP Number)


    06/30/2025

    (Date of Event Which Requires Filing of this Statement)


    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
    Checkbox checked   Rule 13d-1(b)
    Checkbox not checked   Rule 13d-1(c)
    Checkbox not checked   Rule 13d-1(d)






    SCHEDULE 13G

    CUSIP No.
    85472N109


    1Names of Reporting Persons

    1832 Asset Management L.P.
    2Check the appropriate box if a member of a Group (see instructions)

    Checkbox not checked  (a)
    Checkbox not checked  (b)
    3Sec Use Only
    4Citizenship or Place of Organization

    ONTARIO, CANADA
    Number of Shares Beneficially Owned by Each Reporting Person With:
    5Sole Voting Power

    76,122.00
    6Shared Voting Power

    800.00
    7Sole Dispositive Power

    76,122.00
    8Shared Dispositive Power

    800.00
    9Aggregate Amount Beneficially Owned by Each Reporting Person

    76,922.00
    10Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

    Checkbox not checked
    11Percent of class represented by amount in row (9)

    0.0674 %
    12Type of Reporting Person (See Instructions)

    FI


    SCHEDULE 13G

    CUSIP No.
    85472N109


    1Names of Reporting Persons

    MD Financial Management Inc.
    2Check the appropriate box if a member of a Group (see instructions)

    Checkbox not checked  (a)
    Checkbox not checked  (b)
    3Sec Use Only
    4Citizenship or Place of Organization

    ONTARIO, CANADA
    Number of Shares Beneficially Owned by Each Reporting Person With:
    5Sole Voting Power

    65,007.00
    6Shared Voting Power

    0.00
    7Sole Dispositive Power

    65,007.00
    8Shared Dispositive Power

    0.00
    9Aggregate Amount Beneficially Owned by Each Reporting Person

    65,007.00
    10Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

    Checkbox not checked
    11Percent of class represented by amount in row (9)

    0.057 %
    12Type of Reporting Person (See Instructions)

    FI


    SCHEDULE 13G

    CUSIP No.
    85472N109


    1Names of Reporting Persons

    Scotia McLeod, a division of Scotia Capital Inc.
    2Check the appropriate box if a member of a Group (see instructions)

    Checkbox not checked  (a)
    Checkbox not checked  (b)
    3Sec Use Only
    4Citizenship or Place of Organization

    ONTARIO, CANADA
    Number of Shares Beneficially Owned by Each Reporting Person With:
    5Sole Voting Power

    231,974.00
    6Shared Voting Power

    0.00
    7Sole Dispositive Power

    231,974.00
    8Shared Dispositive Power

    0.00
    9Aggregate Amount Beneficially Owned by Each Reporting Person

    231,974.00
    10Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

    Checkbox not checked
    11Percent of class represented by amount in row (9)

    0.2034 %
    12Type of Reporting Person (See Instructions)

    FI


    SCHEDULE 13G

    CUSIP No.
    85472N109


    1Names of Reporting Persons

    Jarislowsky, Fraser Limited
    2Check the appropriate box if a member of a Group (see instructions)

    Checkbox not checked  (a)
    Checkbox not checked  (b)
    3Sec Use Only
    4Citizenship or Place of Organization

    QUEBEC, CANADA
    Number of Shares Beneficially Owned by Each Reporting Person With:
    5Sole Voting Power

    4,964,066.00
    6Shared Voting Power

    0.00
    7Sole Dispositive Power

    4,964,066.00
    8Shared Dispositive Power

    0.00
    9Aggregate Amount Beneficially Owned by Each Reporting Person

    4,964,066.00
    10Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

    Checkbox not checked
    11Percent of class represented by amount in row (9)

    4.3519 %
    12Type of Reporting Person (See Instructions)

    IA


    SCHEDULE 13G

    Item 1. 
    (a)Name of issuer:

    STANTEC INC.
    (b)Address of issuer's principal executive offices:

    10220 - 103 Avenue NW, Stantec Tower, Suite 400, Edmonton, ALBERTA, CANADA T5J 0K4
    Item 2. 
    (a)Name of person filing:

    1832 Asset Management L.P. MD Financial Management Inc. Scotia McLeod, a division of Scotia Capital Inc. Jarislowsky, Fraser Limited
    (b)Address or principal business office or, if none, residence:

    Scotiabank North, 40 Temperance Street, 16th Floor, Toronto, Ontario, M5H 0B4, Canada 1870 Alta Vista Drive, Ottawa, Ontario, K1G 6R7, Canada 40 King St. West, Scotia Plaza, 52nd Floor, Toronto, Ontario, M5W 2X6, Canada 1010 Sherbrooke St. West, 20th Floor, Montreal, Quebec, Canada, H3A 2R7
    (c)Citizenship:

    Canadian Canadian Canadian Canadian
    (d)Title of class of securities:

    Common Shares
    (e)CUSIP No.:

    85472N109
    Item 3.If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
    (a)Checkbox not checked   Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
    (b)Checkbox not checked   Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
    (c)Checkbox not checked   Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
    (d)Checkbox not checked   Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
    (e)Checkbox checked   An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
    (f)Checkbox not checked   An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
    (g)Checkbox not checked   A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
    (h)Checkbox not checked   A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
    (i)Checkbox not checked   A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
    (j)Checkbox checked   A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
           please specify the type of institution:
    (k)Checkbox not checked   Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
     
    If filing in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: investment adviser and broker dealer
    Item 4.Ownership
    (a)Amount beneficially owned:

    5,337,969
    (b)Percent of class:

    4.6797  %
    (c)Number of shares as to which the person has:
     (i) Sole power to vote or to direct the vote:

    5,337,169

     (ii) Shared power to vote or to direct the vote:

    800

     (iii) Sole power to dispose or to direct the disposition of:

    5,337,169

     (iv) Shared power to dispose or to direct the disposition of:

    800

    Item 5.Ownership of 5 Percent or Less of a Class.
     
    Checkbox checked    Ownership of 5 percent or less of a class
    Item 6.Ownership of more than 5 Percent on Behalf of Another Person.
     
    Not Applicable
    Item 7.Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
     
    Not Applicable
    Item 8.Identification and Classification of Members of the Group.
     
    Not Applicable
    Item 9.Notice of Dissolution of Group.
     
    Not Applicable

    Item 10.Certifications:
     
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to Investment Fund Manager and Portfolio Manager is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

        SIGNATURE 
     
    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     
    1832 Asset Management L.P.
     
    Signature:/s/ Kevin Brown
    Name/Title:Vice President, Asset Management Compliance, Bank of Nova Scotia
    Date:07/31/2025
     
    MD Financial Management Inc.
     
    Signature:/s/ Kevin Brown
    Name/Title:Vice President, Asset Management Compliance, Bank of Nova Scotia
    Date:07/31/2025
     
    Scotia McLeod, a division of Scotia Capital Inc.
     
    Signature:/s/ Kevin Brown
    Name/Title:Vice President, Asset Management Compliance, Bank of Nova Scotia
    Date:07/31/2025
     
    Jarislowsky, Fraser Limited
     
    Signature:/s/ Kevin Brown
    Name/Title:Vice President, Asset Management Compliance, Bank of Nova Scotia
    Date:07/31/2025

    Comments accompanying signature:  After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
    Exhibit Information

    Exhibit 1 - Joint Filing Agreement Exhibit 2 - Power of Attorney

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