Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,144.88, up 11.76 points).
Bombardier Inc. (TSX:BBD.B). Down 11 cents, or five per cent, to $2.09 on 29.2 million shares.
Aurora Cannabis Inc. (TSX:ACB). Health care. Up 59 cents, or 7.23 per cent, to $8.75 on 22.8 million shares.
The Green Organic Dutchman Holdings. (TSX:TGOD). Health care. Up 31 cents, or 9.57 per cent, to $3.55 on 7.3 million shares.
Baytex Energy Corp. (TSX:BTX). Energy. Up 14 cents, or 6.06 per cent, to $2.45 on 6.2 million shares.
Crescent Point Energy Corp. (TSX:CPG). Energy. Up six cents, or 1.2 per cent, to $5.14 on 5.7 million shares.
Encana Corp. (TSX:ECA). Energy. Down six cents, or 0.58 per cent, to $10.22 on 5.7 million shares.
Companies reporting major news:
Canfor Corp. (TSX:CFP). Down $1.53 or 7.8 per cent to $18.01. Canfor Corp. has signed a deal to buy a 70 per cent stake in Swedish sawmill company Vida Group for about $580 million. Under the agreement, the current owners of Vida will retain a 30 per cent interest and continue to manage the day-to-day business. The privately held company has nine sawmills in southern Sweden with an annual production capacity of 1.1 billion board feet. Vida also has nine value-added facilities that include premium packaging, modular housing, industrial products and energy.
Encana Corp. (TSX:ECA). Down six cents to $10.22. Encana Corp. is facing its fourth lawsuit in U.S. courts over climate change. The Pacific Coast Federation of Fishermen’s Associations — the largest commercial fishermen’s group on the West Coast — has included Encana in a lawsuit attempting to link greenhouse gas emissions from 30 energy companies to damage in the crab fishery. Encana is named because it once operated a large natural gas storage facility in the state. That facility was sold in 2006. An Encana spokesman declined to comment on the lawsuit.
Suncor Energy Inc. (TSX:SU). Down nine cents to $44.17, Husky Energy Inc. (TSX:HSE). Up eight cents to $17.85. The two oilsands and refining giants are rejecting a call by rival Cenovus Energy Inc. for government-imposed production cuts to reduce an oversupply of oil in Alberta linked to steep price discounts. Suncor has no exposure to the “differential” between Western Canadian Select bitumen-blend crude and New York-traded West Texas Intermediate and therefore shouldn’t have to reduce its production, company spokeswoman Sneh Seetal said Thursday. Husky also believes in a “market-based solution,” said a spokeswoman.
The Canadian Press