TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (18,834.16, down 194.70 points.)
Toronto-Dominion Bank (TSX:TD). Financials. Down 22 cents, or 0.26 per cent, to $83.82 on 22.4 million shares.
Cenovus Energy Inc. (TSX:CVE). Energy. Down $1.67, or 6.77 per cent, to $22.99 on 10.7 million shares.
Baytex Energy Corp. (TSX:BTE). Energy. Down 70 cents, or 10.67 per cent, to $5.86 on 10.1 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down $4.95, or 6.89 per cent, to $66.90 on 10.1 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Down $2.66, or 5.78 per cent, to $43.34 on 10 million shares.
Athabasca Oil Corp. (TSX:ATH). Energy. Down 35 cents, or 13.41 per cent, to $2.26 on 10 million shares.
Companies in the news:
Rogers Communications Inc. (TSX:RCI.B). Up 87 cents or 1.4 per cent to $63.13. The attorney general of Alberta will intervene in competition tribunal proceedings regarding the $26-billion merger between Rogers Communications Inc. and Shaw Communications Inc., according to a notice filed Monday. The notice of intervention states that the “successes and failures” of the deal will have an impact on Alberta consumers and the province’s economy. It also states that the attorney general “takes no position” on the deal at this time. Shaw is headquartered in Calgary and provides wireless services to more than two million customers across the province through its Freedom Mobile and Shaw Mobile businesses. In June, Rogers announced it would sell Freedom Mobile to Montreal-based Quebecor Inc. for $2.85 billion in an attempt to ease the Competition Bureau’s concerns about the combination of Rogers and Shaw. The bureau has been trying to block the transaction.
Air Canada (TSX:AC). Up 16 cents or 0.99 per cent to $16.39. Passengers preparing to run the gauntlet of Canadian air travel face a key obstacle on top of flight delays and cancellations: late luggage. In recent weeks, airlines have furnished the country’s biggest airport terminals with row upon row of tardy bags, causing headaches for customers. For passengers flying with Air Canada on Monday, the odds were their flight was delayed, with 63 per cent of all Air Canada trips landing late — the most of any large airline across the globe — according to tracking service FlightAware. Delays make luggage a sticky problem, with a shortage of baggage handlers to shuttle suitcases from late arrivals to connecting planes while grappling with last-minute gate changes. Airlines contract out suitcase delivery to courier companies that drop luggage at the doorstep, costing carriers amid a rise in fuel surcharges by shippers.
This report by The Canadian Press was first published July 5, 2022.