Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,015.89, down 21.60 points).
Prometic Life Sciences Inc. (TSX:PLI). Health care. Down half a penny, or 12.5 per cent, to 3.5 cents on 11.6 million shares.
Bombardier Inc. (TSX:BBD.B). Industrials. Down three cents, or 1.48 per cent, to $2.00 on 10.9 million shares.
Enbridge Inc. (TSX:ENB). Energy. Down $2.34, or 4.7 per cent, to $47.42 on 10 million shares.
Aurora Cannabis Inc. (TSX:ACB). Health care. Down 63 cents, or 6.13 per cent, to $9.64 on 9 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Up 84 cents, or five per cent, to $17.65 on 7.5 million shares.
Encana Corp. (TSX:ECA). Energy. Up four cents, or 0.56 per cent, to $7.17 on 6.7 million shares.
Companies in the news:
Bombardier Inc. — The De Havilland brand will take flight once again, as its parent company announced the re−launch of the Dash 8 aircraft program following its newly minted purchase from Bombardier Inc. Longview Aviation Capital Corp. unveiled the de Havilland Aircraft of Canada Ltd., its new subsidiary that will operate the turboprop family following the Monday close of Bombardier Inc.’s Q Series sale to Longview for about $250 million after liabilities, fees and closing adjustments. The sale also includes the de Havilland trademark and Bombardier’s full Dash 8 program, composed of the 100, 200 and 300 series.
Aimia Inc. (TSX:AIM). Unchanged at $3.50. Aimia Inc. says the final price for the sale of Aeroplan to Air Canada has increased to $516 million following the finalization of all financial adjustments after the deal’s January close. Air Canada signed a definitive agreement last November to buy the flagship points program from Aimia, a loyalty analytics company, at an initial price of $450 million in cash. It was increased to $497 million after original adjustments. Aimia says it will receive a final payment of $19 million to complete the transaction. It says the post−closing adjustments stem mainly from favourable working capital relative to the target working capital set out in the agreement.
BCE Inc. (TSX:BCE). Up 22 cents to $61.08. The chairwoman of a government−appointed panel looking at Canada’s telecommunications and broadcasting laws says it must take into account that international borders are disappearing. Janet Yale says the panel’s goal is to come up with recommendations for legislation that will guide the communications industries for the next 20 to 30 years. Yale was commenting at the Canadian Telecom Summit, an annual event that will feature a speech on Wednesday by Navdeep Bains, one of the two ministers who appointed the panel last year.
Algonquin Power & Utilities Corp. (TSX:AQN). Up four cents to $15.81. Algonquin Power & Utilities has signed a deal to buy Ascendant Group Ltd., the parent company of Bermuda Electric Light Co., for US$365 million. Algonquin chief executive Ian Robertson says the deal will be immediately accretive to the company’s earnings. Bermuda Electric Light, which has roughly 370 employees, serves 63,000 residents and businesses in Bermuda. Under the deal, Ascendant will maintain its headquarters in Bermuda.
The Canadian Press