TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (20,159.55, down 116.21):
TC Energy Corp. (TSX:TRP). Energy. Up 79 cents, or 1.47 per cent, to $54.56 on 12.5 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Up 10 cents, or 0.38 per cent, to $26.49 on 7.4 million shares.
Toronto-Dominion Bank (TSX:TD). Financials. Down $2.00, or 2.46 per cent, to $79.41 on 6.9 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down 10 cents, or 0.13 per cent, to $79.34 on 6.3 million shares.
Enbridge Inc. (TSX:ENB). Energy. Up 51 cents, or 0.98 per cent, to $52.83 on 5.7 million shares.
Kinross Gold Corp. (TSX:K). Materials. Down three cents, or 0.44 per cent, to $6.78 on 5.5 million shares.
Companies in the news:
Royal Bank of Canada (TSX:RY). Down 13 cents, or 0.10 per cent, to $130.33. RBC chief executive Dave McKay defended the bank's climate plan at its annual shareholder meeting Wednesday as numerous attendees criticized it for not doing enough. Speaking at the event held this year in Saskatoon, McKay emphasized the importance of an orderly and stable net-zero transition since shortages of critical needs like food or energy will throw off efforts to rein in climate change. His comments come as the bank faces a barrage of criticism from those pushing for shareholder resolutions, especially on stronger climate action but also Indigenous rights, racial equity and executive pay. Attendees speaking for the resolutions, including Union of B.C. Indian Chief president Stewart Phillip and Wet’suwet’en hereditary chief Na’Moks, also criticized the bank for relegating them to an overflow room at the meeting where they were unable to address bank executives in person.
WSP Global Inc. (TSX:WSP). Down $6.84, or 3.93 per cent, to $167.00. WSP Global Inc. has signed a deal to buy Australian engineering services company Calibre Professionals Services One Pty Ltd. for about $250 million. Calibre is focused on rail, infrastructure, rehabilitation and renewable projects for mining clients. The company has a workforce of about 800 professionals with offices in Perth, Sydney, Melbourne and Brisbane. WSP said the deal will help it further develop its position in Australia.
Roots Corp. (TSX:ROOT). Down four cents, or 1.33 per cent, to $2.96. Roots Corp. reported its fourth-quarter profit fell compared with a year ago as its sales also moved lower. The retailer said it earned $13 million or 31 cents per diluted share for the quarter ended Jan. 28, down from a profit of $18.1 million or 42 cents per diluted share a year earlier. Overall sales totalled $111.5 million in the quarter, down from $121.3 million. The drop came as its corporate retail store and e-commerce sales fell to $98.5 million compared with $110.6 million a year ago. Roots said the result was primarily driven by economic headwinds and an intensified promotional environment.
This report by The Canadian Press was first published April 5,2023.
The Canadian Press
