UNITED STATES
SECURITIES AND EXCHANGE COMMISION
Washington, D.C. 20549
FORM 13F
FORM 13 F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30,1999
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 Mutual Assurance Company of Canada
Address: 227 King Street South
Waterloo, Ontario N2J 4C5
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: Eric DeVarennes
Title: Securites Financial Management
Phone: (519) 888 3900 ext 2807
Signature, Place, and Date of Signing:
Eric DeVarennes Waterloo, Canada July 15, 1999
Report Type ( Check only One.) :
[ x ] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of Other Managers Reporting for this Manager:
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total : 65
Form 13F Information Table Value Total: 614,797
List of Other Included Managers:
No . 13F File Number Name
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
FORM 13F INFORMATION TABLE
VALUE ITEM5 ITEM6a ITEM6b ITEM6c ITEM7ITEM8a ITEM8b ITEM8c
ISSUER CLASS CUSIP x($1000) SHRS SOLE SHARED SHR/OTH MGRS SOLE SHARED OTHER
Abitibi Cons Inc COM 00392410 3505 207444 207444 0 0 207444 0 0
Agco Corp COM 00108410 1469 88800 88800 0 0 88800 0 0
Alberto-Culver Co COM 01306820 3334 100200 100200 0 0 100200 0 0
Alcan Aluminum Ltd COM 01371610 7694 164234 164234 0 0 164234 0 0
Allergan Inc COM 01849010 7192 44400 44400 0 0 44400 0 0
American Home Prods COM 02660910 9024 108000 108000 0 0 108000 0 0
Archer-Daniel Midln COM 03948310 5620 248903 248903 0 0 248903 0 0
BCE Inc COM 05534B10 1831 583024 583024 0 0 583024 0 0
BP Amoco COM 05562210 5754 36325 36325 0 0 36325 0 0
Bank Of Montreal COM 06367110 1009 206748 206748 0 0 206748 0 0
Bank One Corp COM 06423A10 2350 141166 141166 0 0 141166 0 0
Biochem Pharma Inc COM 09058T10 6347 232500 232500 0 0 232500 0 0
Biovail Corp Intl. COM 09067K10 6734 90400 90400 0 0 90400 0 0
Bristol Myers Squib COM 11012210 4673 142800 142800 0 0 142800 0 0
CIBC COM 13606910 4947 425852 425852 0 0 425852 0 0
Canwest Glbl Commun COM 13890610 3726 185839 185839 0 0 185839 0 0
Cdn Natl Railway COM 13637510 9761 98700 98700 0 0 98700 0 0
Cdn Occidental Pete COM 13642010 3527 148524 148524 0 0 148524 0 0
Cdn Pacific Ltd COM 13592310 2938 83847 83847 0 0 83847 0 0
Danaher Corp COM 23585110 5813 186000 186000 0 0 186000 0 0
Ensco Intl Inc COM 26874Q10 2563 89300 89300 0 0 89300 0 0
Ford Motor Co COM 34537010 9906 120000 120000 0 0 120000 0 0
General Elec Co COM 36960410 7453 168900 168900 0 0 168900 0 0
Goodyear Tire and R COM 38255010 7647 88800 88800 0 0 88800 0 0
Harley Davidson Inc COM 41282210 4713 185000 185000 0 0 185000 0 0
Heinz H J Company COM 42307410 6566 89680 89680 0 0 89680 0 0
Hewlett Packard Co COM 42823610 1155 146000 146000 0 0 146000 0 0
Houghton Mifflin Co COM 44156010 7971 115800 115800 0 0 115800 0 0
Imax Corp COM 45245E10 1656 50200 50200 0 0 50200 0 0
Inco Ltd COM 45325840 1788 68000 68000 0 0 68000 0 0
Intel Corp COM 45814010 3926 275500 275500 0 0 275500 0 0
Interpublic Group COM 46069010 1863 172800 172800 0 0 172800 0 0
Ipsco In COM 46262210 3618 115800 115800 0 0 115800 0 0
Johnson and Johnson COM 47816010 7413 124500 124500 0 0 124500 0 0
Mackenzie Financial COM 55453110 2114 130900 130900 0 0 130900 0 0
Marshall and IIsley COM 57183410 6826 178700 178700 0 0 178700 0 0
Marshall Industries COM 57239310 1769 33720 33720 0 0 33720 0 0
Mellon Bank Corp COM 58550910 8740 164000 164000 0 0 164000 0 0
Mercantile Bancorp COM 58734210 7179 86400 86400 0 0 86400 0 0
Mitel Corp COM 60671110 2004 204500 204500 0 0 204500 0 0
Nalco Chem Co COM 62985310 3414 45000 45000 0 0 45000 0 0
Pepsico Inc COM 71344810 7269 129300 129300 0 0 129300 0 0
Petro Canada Ltd COM 71644E10 5509 274100 274100 0 0 274100 0 0
Pioneer Natural Res COM 72378710 1436 88800 88800 0 0 88800 0 0
Praxair Inc COM 74005P10 5654 79000 79000 0 0 79000 0 0
Procter and Gamble COM 74271810 4996 116920 116920 0 0 116920 0 0
Quebecor Printing COM 74792210 2264 71100 71100 0 0 71100 0 0
Repsol S A COM 76026T20 4170 139500 139500 0 0 139500 0 0
Rohm & Haas Co COM 77537110 8341 133200 133200 0 0 133200 0 0
Royal Bank Of Canad COM 78008710 4137 217500 217500 0 0 217500 0 0
Royal Dutch Petrol COM 78025780 2808 32000 32000 0 0 32000 0 0
Schering Plough Cor COM 80660510 7830 104200 104200 0 0 104200 0 0
Schlumberger Ltd COM 80685710 2513 134328 134328 0 0 134328 0 0
State Street Corp COM 85747710 7488 219800 219800 0 0 219800 0 0
Suncor Energy Inc COM 86722910 8062 133600 133600 0 0 133600 0 0
Talisman Energy COM 87425E10 4653 116200 116200 0 0 116200 0 0
Telefonica De Espan COM 87938220 4850 22499 22499 0 0 22499 0 0
Toronto-Dominion Ba COM 89116050 8861 282572 282572 0 0 282572 0 0
Transcanada Piplns COM 89352610 8308 400425 400425 0 0 400425 0 0
United Dominion Ind COM 90991410 2693 72800 72800 0 0 72800 0 0
United Technologies COM 91301710 3979 133200 133200 0 0 133200 0 0
Unocal Corp COM 91528910 6087 104200 104200 0 0 104200 0 0
Viacom Inc COM 92552410 1152 172800 172800 0 0 172800 0 0
Warner Lambert Co COM 93448810 8131 180300 180300 0 0 180300 0 0
Westcoast Energy COM 95751D10 2901 100402 100402 0 0 100402 0 0
</TABLE>
