Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,336.45, down 70.84 points).
Encana Corp. (TSX:ECA). Energy. Down 42 nine cents, or 4.34 per cent, to $9.26 on 8.3 million shares.
Aurora Cannabis Inc. (TSX:ACB). Health care. Down 27 cents, or 2.25 per cent, to $11.72 on 8.1 million shares.
Crescent Point Energy Corp. (TSX:CPG). Energy. Up four cents, or 0.8 per cent, to $5.02 on 8.1 million shares.
Whitecap Resources Inc. (TSX:WCP). Energy. Up six cents, or 1.14 per cent, to $5.34 on 5.7 million shares.
Bombardier Inc. (TSX:BBD.B). Industrials. Unchanged at $2.75 on 4.8 million shares.
Cenovus Energy Inc. (TSX:CVE). Energy. Down nine cents, or 0.7 per cent, to $12.75 on 4.5 million.
Bank of Nova Scotia. (TSX:BNS). Down 19 cents to $71.05. Scotiabank’s chief executive officer pushed back at renewed bets against Canada’s banking sector and the risk posed by the housing market, saying that the lender has “a lot of buffer” in the event of a significant downturn. Brian Porter added during its annual meeting of shareholders in Toronto that the bank stress tests its $205 billion-mortgage portfolio on a regular basis against some “very harsh metrics” such as a 600-basis point increase in interest rates and a huge jump in unemployment.
BCE Inc. (TSX:BCE). Down 18 cents to $59.51. Quebecor says it will scramble the signal of its TVA Sports channel for television subscribers of its competitor, Bell, starting Wednesday evening. That means Bell TV’s French-language customers will have to look elsewhere to watch National Hockey League playoff games. They could subscribe to Sportsnet, owned by Rogers Media, CBC or switch to Videotron. According to Bell, the action stems from a pricing dispute with Quebecor wanting to charge Bell more to access TVA Sports than Quebecor and Videotron are willing to pay for Bell Media’s RDS sports network.
Shaw Communications Inc. (TSX:SJR.B). Down 91 cents or 3.3 per cent to $26.87. Shaw Communications says it swung to a $155 million profit in the second quarter compared with a loss of $175 million a year earlier. Revenue for the quarter totalled $1.32 billion, down from $1.33 billion a year ago. The dip in revenue came as the company’s wireline business, which includes its traditional cable and satellite TV, internet and phone operations, held steady at about $1.07 billion. Wireless revenue dipped to $247 million compared with $264 million a year ago as a drop in equipment revenue more than offset an increase in service revenue.
Canada Goose (TSX:GOOS). Up $2.15 or 3.4 per cent to $65.36. Luxury parka maker Canada Goose announced plans to open six new stores, including two in Europe. The retailer says it plans to open a store in Milan, Italy, and in Paris as well as an additional store in the United States and three more in Canada. The new U.S. store will be in Minneapolis, Minn., at the Mall of America. The new Canadian locations will be in Toronto at the CF Sherway Gardens mall, in Edmonton at the West Edmonton Mall, and in Banff, Alta. Canada Goose currently operates 11 company stores.
The Canadian Press