TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,274.07, down 164.68 points.)
Enbridge Inc. (TSX:ENB). Energy. Down 55 cents, or 1.42 per cent, to $38.31 on 10.2 million shares.
Toronto-Dominion Bank. (TSX:TD). Financials. Down $1.07, or 1.77 per cent, to $59.35 on 8.5 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Down 33 cents, or 1.75 per cent, to $18.48 on 8.1 million shares.
Royal Bank of Canada. (TSX:RY). Financials. Down $1.19, or 1.22 per cent, to $96.15 on 7.7 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Down 11 cents or 0.7 per cent, to $15.56 on 6.6 million shares.
Aphria Inc. (TSX:APHA). Health care. Up five cents, or 0.82 per cent, to $6.18 on 5.1 million shares.
Companies in the news:
Transat AT. (TSX:TRZ). Down one cent to $4.90. The Canadian Union of Public Employees says 128 Air Transat flight attendants — more than half the current number — were notified last week that they will be temporarily laid off and that the airline’s Vancouver base will be closed as a stopgap measure. CUPE says last week’s layoffs leave only 117 flight attendants working for the month of November, down from 245 flight attendants working in October, 355 in August and 2,000 before the COVID-19 pandemic. Christophe Hennebelle, Transat AT’s vice-president of human resources and corporate affairs, says that while no flight attendants have been permanently let go, the company is processing “a number of temporary layoffs.”
Artis Real Estate Investment Trust. (TSX:AX.UN). Up nine cents or one per cent to $8.77. The private equity firm that is trying to replace the board at Artis Real Estate Investment Trust says it has won the support of the trust’s largest unitholder. Jetport Inc., owner of a 13.3 per cent stake in Artis, says it plans to vote in favour of the five Sandpiper Group nominees to the board as well as two of the existing trustees — Ben Rodney and Lauren Zucker. It also says it will vote against an Artis plan to spin off its retail portfolio into a new real estate trust. Jetport president and CEO Steven Joyce is the son of Tim Hortons co-founder Ron Joyce, who used the aircraft charter company as a holding company for his investments. Artis proposed a plan last month that would see it spin off its retail portfolio into a new real estate trust and focus on its North American industrial and office businesses. The retail trust is expected to hold 40 properties in Western Canada.
BCE Inc. (TSX:BCE). Down $1 or 1.8 per cent to $55.21. BCE Inc. says Wade Oosterman, Bell group president and vice-chairman, will assume operational leadership of Bell Media next year. Oosterman will take on the responsibilities following the departure of Bell Media president Randy Lennox on Jan. 4. BCE also said that Devorah Lithwick will become chief brand officer in January, as Oosterman who holds the title now focuses on his role at Bell Media. Oosterman joined Bell in 2006 as president of Bell Mobility and chief brand officer. He was promoted to president of mobility and residential services in 2010 and to group president in 2015.
This report by The Canadian Press was first published Oct. 19, 2020.
The Canadian Press