TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,854.07, up 326.20 points.)
Air Canada (TSX:AC). Industrials. Up 87 cents, or 4.48 per cent, to $20.29 on 19.7 million shares.
Bombardier Inc. (TSX:BBD.B). Industrials. Down 1.5 cents, or 3.09 per cent, to 47 cents on 17.6 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up $2.61, or 10.05 per cent, to $28.57 on 15.6 million shares.
Baytex Energy Corp. (TSX:BTE). Energy. Up 17 cents, or 25.37 per cent, to 84 cents on 13.8 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Up $1.04, or 5.6 per cent, to $19.52 on 11.5 million shares.
Athabasca Oil Corp. (TSX:ATH). Energy. Up 3.5 cents, or 18.42 per cent, to 22.5 cents on 11 million shares.
Surge Energy Inc. (TSX:SGY). Energy. Up 8.5 cents, or 30.36 per cent, to 36.5 cents on 9.5 million shares.
Companies in the news:
Bombardier Inc. — Bombardier Inc. will cut 2,500 workers from its plane-making division as demand for the company’s main source of income — private jets — falls amid a recession and feeble travel demand. Poised to start this month and continue throughout 2020, the cuts will see 1,500 layoffs in Quebec and 400 in Ontario, as well as 500 in Mexico, 40 in the United States and about 60 outside North America, according to a Bombardier spokesman. The indefinite layoffs also come barely three weeks after thousands of furloughed Bombardier employees began to return to work, resuming production at factories shuttered due to coronavirus confinement measures.
This report by The Canadian Press was first published June 5, 2020.
The Canadian Press