TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (20,274.82, down 289.07 points.)
Cenovus Energy Inc. (TSX:CVE). Energy. Down 61 cents, or two per cent, to $30.09 on 12.5 million shares.
Baytex Energy Corp. (TSX:BTE). Energy. Down 18 cents, or two per cent, to $8.82 on 10.9 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Down 27 cents, or 0.5 per cent, to $52.78 on 10 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Up $1.36, or 5.3 per cent, to $26.89 on 9.8 million shares.
Canadian Natural Resources (TSX:CNQ). Down $1.84, or 2.2 per cent, to $82.83 on 8.8 million shares.
Athabasca Oil Corp. (TSX:ATH). Energy. Down nine cents, or 2.8 per cent, to $3.18 on 7.9 million shares.
Companies in the news:
Brookfield Asset Management Inc. (TSX:BAM.A). Down $1.72 or 2.8 per cent to $60.28. Brookfield Asset Management Inc. is selling five road projects in India valued at US$1.2 billion to an infrastructure investment trust partially owned by two Canadian pension funds. The portfolio comprises three toll roads and two annuity roads spread across 2,400 lane kilometres. The transaction will allow IndInfravit to expand its presence in three additional areas of India. IndInfravit shareholders include the Canada Pension Plan Investment Board, OMERS Infrastructure and Allianz Capital Partners. Brookfield made its first significant investment in India’s infrastructure in 2015 with the purchase of six road projects and three power projects. The deal is subject to certain regulatory and other customary conditions, including approval from IndInfravit unitholders.
Air Canada (TSX:AC). Down 53 cents or 2.6 per cent to $20.25. Former NHLer Ryan Whitney has called Toronto’s Pearson airport “the worst place on Earth” after the one-time Edmonton Oilers defenceman endured a long delay at Canada’s largest airport. Whitney laid bare his exasperation in a posting to his 414,000 Twitter followers after undergoing a gauntlet of lines, delays, cancellations and rebookings during an Air Canada stopover. He said he landed at Pearson at 3 p.m. on Sunday and didn’t take off for Boston until 1 p.m. the next day. While the federal government has pledged to hire hundreds more security screening officers, hurdles ranging from staffing shortages to COVID-19 health measures threaten to cascade into a problem that overmatches efforts to drain clogged terminals. Some 490,810 travellers, or about half of all arrivals from abroad, faced delays as they were held inside their planes on the tarmac or faced staggered off-loading to ease pressure on overflowing customs areas, according to figures provided by the Greater Toronto Airports Authority.
This report by The Canadian Press was first published June 10, 2022.