Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,102.09, down 53.40 points).
Bombardier Inc. (TSX:BBD.B). Industrials. Down 12 cents, or 4.46 per cent, to $2.57 on 21.1 million shares.
Stornoway Diamond Corp. (TSX:SWY). Materials. Down six cents, or 37.50 per cent, to 10 cents on 13.2 million shares.
Aurora Cannabis Inc. (TSX:ACB). Health care. Up 24 cents, or 2.03 per cent, to $12.09 on 9.7 million shares.
BlackBerry Ltd. (TSX:BB). Technology. Up $1.56, or 13.1 per cent, to $13.47 on 7.6 million shares.
CannTrust Holdings Inc. (TSX:TRST). Health care. Down 54 cents, or 4.95, to $10.36 on 5.8 million shares.
Encana Corp. (TSX:ECA). Energy. Up nine cents, or 0.94 per cent, to $9.68 on 5.4 million shares.
BlackBerry Ltd. — Blackberry’s share price jumped Friday after the former smartphone company beat analyst estimates for profit and revenue in the fourth-quarter and announced an upbeat outlook for the coming year. The company, based in Waterloo, Ont., had a full-year profit of US$95 million on revenue of US$904 billion, which were both down from the prior year. But the focus was on BlackBerry’s strong fourth quarter and future expectations.
Enbridge Inc. (TSX:ENB). Down 85 cents, or 1.7 per cent to $48.40. A move by the governor of Michigan to halt work on a project to replace Enbridge Inc.’s 65-year-old Line 5 pipeline is raising fears that the recently elected Democratic administration could also try to shut down the existing pipeline. Analyst Matthew Taylor of Tudor Pickering Holt & Co. says that could result in crude supply disruptions for refineries in southern Ontario and Quebec and could also reduce oil pipeline takeaway capacity from Western Canada.
SNC-Lavalin Inc. (TSX:SNC) Down 16 cents to $33.91. Quebec’s pension fund manager could play an outsize role in whether SNC-Lavalin Group Inc. eventually pulls up stakes for the United States. The engineering and construction giant told federal prosecutors that its “Plan B” in the event of criminal prosecution on corruption charges is to move its headquarters south of the border and shed more than 60 per cent of its 8,700 Canadian jobs, internal documents reveal. Quebec’s Caisse de depot et placement holds a roughly 20 per cent stake in SNC-Lavalin, making it far and away the biggest shareholder.
The Canadian Press