TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (20,714.48, up 13.98):
Athabasca Oil Corp. (TSX:ATH). Energy. Up 17 cents, or 6.75 per cent, to $2.69 on 12.7 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Down two cents, or 0.08 per cent, to $26.19 on 12.3 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Down 39 cents, or 1.47 per cent, to $26.15 on 8.9 million shares.
Cenovus Energy Inc. (TSX:CVE). Energy. Up 29 cents, or 1.08 per cent, to $27.15 on 6.8 million shares.
Enbridge Inc. (TSX:ENB). Energy. Up 20 cents, or 0.37 per cent, to $54.40 on 6.6 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Unchanged at $46.09 on 6.5 million shares.
Companies in the news:
Shopify Inc. (TSX:SHOP). Up $2.24, or 3.48 per cent, to $66.66. Shopify Inc. said chief technology officer Allan Leinwand will be departing the company with chief executive Tobi Lütke to take on some of his responsibilities. In a statement from Leinwand provided by the Ottawa-based e-commerce giant, he said he is leaving Shopify for an unspecified “personal reason.” Leinwand, once a senior vice-president of engineering at Slack, spent 18 months at Shopify, taking over from Jean-Michel Lemieux, who left in 2021.
SNC-Lavalin Group Inc. (TSX:SNC). Up 50 cents, or 1.78 per cent, to $28.57; and Aecon Group Inc. (TSX:ARE). Up 11 cents, or 0.96 per cent, to $11.60. Ontario Power Generation, GE Hitachi Nuclear Energy, SNC-Lavalin Group Inc. and Aecon Group Inc. are joining forces to build a small modular nuclear reactor in Ontario. The group wants to build the reactor at the Darlington site, east of Toronto. Under the agreement, OPG will be the licence holder and have overall responsibility for the project. GE Hitachi will be the technology developer, responsible for design, procurement of major components, and engineering and support. Meanwhile, SNC-Lavalin will provide design, engineering and procurement support and Aecon will be the builder. Construction of the project is expected to be complete by late 2028.
Suncor Energy Inc. and Teck Resources Ltd. (TSX:TECK.B). Down 45 cents, or 0.81 per cent, to $55.04. TotalEnergies EP Canada Ltd. said it is increasing its ownership in the Fort Hills oilsands project by acquiring part of Teck Resources Ltd.’s stake in the mine. Teck announced last year that it would sell its 21.3 per cent stake in Fort Hills to Suncor Energy Inc., the third partner in the project, for about $1 billion. However, TotalEnergies EP Canada said it has exercised its pre-emption right to acquire an additional 6.65 per cent in the project from Teck for $312 million. The deal brings the company’s stake in Fort Hills to 31.23 per cent. Suncor will own the rest.
This report by The Canadian Press was first published Jan. 27, 2023.