TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,211.52, down 31.29 points.)
Bank of Nova Scotia. (TSX:BNS). Financials. Down 53 cents, or 0.95 per cent, to $55.44 on 7.4 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Down 77 cents, or 4.46 per cent, to $16.49 on 6 million shares.
Toscana Energy Income Corp. (TSX:TEI). Energy. Unchanged at half a cent on 5.8 million shares.
Lundin Mining Corp. (TSX:LUN). Materials. Down 16 cents, or 2.22 per cent, to $7.06 on 4.7 million shares.
Toronto-Dominion Bank. (TSX:TD). Financials. Down 80 cents, or 1.28 per cent, to $61.57 on 4.6 million shares.
Air Canada (TSX:AC). Industrials. Down 59 cents, or 3.72 per cent, to $15.28 on 4.5 million shares.
Companies in the news:
BCE Inc. (TSX:BCE). Down 30 cents to $55.77. A “secret shopper” campaign on behalf of the CRTC found evidence of misleading or aggressive behaviour in about one-fifth of the interactions between its undercover shoppers and sales staff for six major wireless carriers. Canada’s telecom regulator said the vast majority of interactions during its “secret shopper” investigation early this year were perceived as positive. However, it found that 20 per cent of shoppers felt they were given misleading information or faced aggressive sales practices — particularly if they had disabilities and or didn’t use English or French as their first language. More than 400 undercover shoppers evaluated six large wireless providers — BCE’s Bell Canada, Rogers Communications, Telus, Shaw’s Freedom, Quebecor’s Videotron and SaskTel, which is owned by the Saskatchewan government.
Pieridae Energy Ltd. (TSX:PEA). Up 3.5 cents or 9.5 per cent to 40.5 cents. Pieridae Energy Ltd. says it has hired a new engineering firm to replace one that left its East Coast liquefied natural gas export project in July. The Calgary-based company says international engineering firm Bechtel Corp. has agreed to replace Kellogg Brown and; Root Ltd., which it said decided not to enter into a lump-sum turnkey engineering, procurement, construction and commissioning (EPCC) contract for the Nova Scotia project. Pieridae says Bechtel has agreed to review the scope and design of the proposed Goldboro LNG facility, develop an EPCC execution plan by March 31 and provide a lump sum turnkey contract price proposal by May 31.
Shopify Inc. (TSX:SHOP). Up $77.26 or six per cent to $1,368.00. Shopify Inc. says it is shuffling its executives and saying goodbye to a member of its leadership team. In a letter posted on the company’s website, chief executive Tobias Lutke says he will add the role of chief product officer to his existing duties. Lutke says Craig Miller, who currently holds the position, will depart the company on Friday. The letter did not say where Miller was going, but Lutke thanked him for helping grow Shopify in their nine years working together. Lutke also says Harley Finkelstein will be moving from chief operating officer to president in a bid to help him focus on Shopify’s growth and external affairs.
This report by The Canadian Press was first published September 29, 2020.
The Canadian Press