TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,836.12, down 37.17 points.)
Barrick Gold Corp. (TSX:ABX). Materials. Down 21 cents, or 1.04 per cent, to $19.96 on 26.8 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up 60 cents, or 1.34 per cent, to $45.33 on 25.8 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Down 13 cents, or 0.56 per cent, to $23.13 on 12.5 million shares.
Great-West Lifeco Inc. (TSX:GWO). Financials. Down 93 cents, or 2.84 per cent, to $31.87 on 11.7 million shares.
Enbridge Inc. (TSX:ENB). Energy. Up 34 cents, or 0.60 per cent, to $57.14 on 11.0 million shares.
Sun Life Financial Inc. (TSX:SLF). Financials. Down 34 cents, or 0.58 per cent, to $58.85 on 8.7 million shares.
Companies in the news:
Rogers Communications Inc. (TSX:RCI.B) Up 23 cents, or 0.40 per cent, to $57.63 — Canada's Competition Tribunal has ruled that the Rogers Communications Inc. July 8 service outage is relevant to the upcoming hearings on the telecom giant's $26-billion takeover of Shaw Communications Inc. The ruling was made Friday after hearing submissions from Rogers and the Commissioner of Competition on the matter. The outage affected millions of Canadians, and to make sure it doesn't happen again, Rogers is committing $10 billion over three years on network upgrades and will spend $150 million on customer credits. The ruling comes after Rogers released a commercial last week outlining what it is doing to earn back the trust of Canadians.
Royal Bank of Canada. (TSX:RBC). Up 10 cents, or 0.08 per cent, to $125.07 — RBC's climate policies have been deemed mild enough to pass a Texas test on whether banks are boycotting oil and gas companies. State Comptroller Glenn Hegar last week named 10 financial institutions including BlackRock Inc., Credit Suisse Group AG and UBS Group AG that it deems to be boycotting fossil fuels, which under a law passed last year means they are barred from participating in the state's sizable bond market. The state's definition of boycotting energy companies includes any action, without ordinary business purpose, taken to limit a bank's commercial relations with an oil and gas company because it does not go beyond minimum environmental requirements. RBC was one of 19 financial institutions that Texas flagged for further investigation, in part because of the bank's commitment to net-zero lending by 2050.
TFI International Inc. (TSX:TFII). Down $9.05, or 6.47 per cent, to $130.90. The union representing almost 1,500 Loomis Express workers in eight provinces say they have served strike notice. Unifor says the workers will be in a legal strike position at 12:01 a.m. Wednesday in their respective time zones. The union is negotiating on behalf of workers include hourly drivers, owner-operators, call centre staff, clerical and warehouse workers. They are located in B.C., Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia and Prince Edward Island. The members of Unifor Locals 114, 4050, 755, 4457 and 4005, have been without a contract since March 31. Loomis Express is owned by TFI International Inc.
This report by The Canadian Press was first published Aug. 29, 2022.
The Canadian Press