Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,319.24, up 1.59 points)
Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 26 cents, or 1.87 per cent, to $13.63 on 25.9 million shares.
Pure Industrial Real Estate Trust (TSX:AAR.UN). Real Estate. Up $1.37, or 20.39 per cent, to $8.09 on 21.9 million shares.
Canopy Growth Corp. (TSX:WEED). Healthcare. Up $2.21, or 5.54 per cent, to $42.07 on 16.7 million shares.
Aphria Inc. (TSX:APH). Healthcare. Up 90 cents, or 4.09 per cent, to $22.89 on 9.8 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up 10 cents, or 3.51 per cent, to $2.95 on 8.3 million shares.
Pine Cliff Energy Ltd. (TSX:PNE). Oil and gas. Down 3.5 cents, or 8.64 per cent, to 37 cents on 7.1 million shares.
Companies reporting major news:
Royal Bank of Canada (TSX:RY). Bank. Up 53 cents, or 0.51 per cent, to $104.84 on 1.5 million shares. Canadian banks are expecting some short-term pain from U.S. President Donald Trump’s tax overhaul, but a significant lift on future earnings. RBC chief executive Dave McKay told an investment conference Tuesday that he expects a writedown of US$150 million, plus or minus 10 or 15 per cent, in the bank’s first quarter. However, he said Canada’s biggest bank by market capitalization is expecting an annual tax-positive benefit of US$150 million to US$200 million going forward.
Restaurant Brands International Inc. (TSX:QSR). Fast food restaurants. Down 38 cents, or 0.49 per cent, to $77.95 on 394,358 shares. A social media movement is encouraging people to join “No Timmies Tuesday” on Jan. 9 and instead visit independent coffee shops. Many people are denouncing the coffee-and-doughnut chain and participating in a boycott until some Ontario franchisees and their corporate parent, Restaurant Brands International, come up with a different solution to offset the province’s minimum wage hike than clawing back employee benefits.
The Canadian Press