TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,046.74, down 68.90 points):
TC Energy Corp. (TSX:TRP). Energy. Up eight cents, or 0.17 per cent, to $46.59 on 9.1 million shares.
Enbridge Inc. (TSX:ENB). Energy. Up 35 cents, or 0.80 per cent, to $43.98 on 7.6 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Down 62 cents, or 1.33 per cent, to $45.88 on 7.3 million shares.
Toronto-Dominion Bank. (TSX:TD). Finance. Down 16 cents, or 0.20 per cent, to $78.55 on 7.2 million shares.
Canopy Growth Corp. (TSX:WEED). Health care. Up one cent, or 1.43 per cent, to 71 cents on 7.0 million shares.
Power Corp. of Canada. (TSX:POW). Finance. Down 12 cents, or 0.36 per cent, to $32.87 on 6.0 million shares.
Companies in the news:
BCE Inc. (TSX:BCE). Telecom. Up 49 cents, or 0.97 per cent, to $51.17. Bell Media announced a tentative $410-million deal Monday to buy the Canadian operations of outdoor advertising company Outfront Media Inc. in a move experts say could solidify its hold on the out-of-home advertising market. The acquisition, which is expected to close in 2024 subject to regulatory approval and other conditions, would see the BCE Inc. subsidiary take over Outfront Media's 9,325 advertising displays in Canada.
Aecon Group Inc. (TSX:ARE). Construction. Up 85 cents, or 8.17 per cent, to $11.26. Aecon Group Inc. has signed a deal that will see Oaktree Capital Management LP invest $150 million in the company's utility infrastructure services business. Under the agreement, Oaktree will acquire a 27.5-per-cent stake in Aecon Utilities through a convertible preferred equity investment. Aecon chief executive Jean-Louis Servranckx said the investment will accelerate growth in the business and strengthen Aecon's balance sheet. Aecon will own a 72.5-per-cent stake in Aecon Utilities once the deal closes.
This report by The Canadian Press was first published Oct. 23,2023.
The Canadian Press
