TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (18,881.19, up 436.97 points)
Toronto-Dominion Bank. (TSX:TD). Financials. Up $1.65, or 1.95 per cent, to $86.37 on 9.8 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up $2.86, or 7.35 per cent, to $41.76 on 8.6 million shares.
TC Energy Corporation. (TSX:TRP). Energy. Up $2.20, or 3.95 per cent, to $57.84 on 8 million shares.
Bank of Nova Scotia. (TSX:BNS). Financials. Down 12 cents, or 0.18 per cent, to $65.58 on 5.5 million shares.
Baytex Energy Corp. (TSX:BTE). Energy. Up 46 cents, or 7.86 per cent, to $6.31 on 5.2 million shares.
Manulife Financial Corporation. (TSX:MFC). Financials. Up 32 cents, or 1.48 per cent, to $22 on 5 million shares.
Companies in the news:
Enbridge Inc. (TSX:ENB). Up $1.27, or 2.48 per cent, to $52.49. Al Monaco, who led Enbridge Inc. through a tumultuous decade and helped to transform it into a diversified North American energy infrastructure company, will retire as chief executive of the Calgary-based company on Jan. 1, 2023. Monaco, who has served as CEO of the pipeline giant since 2012, will be replaced by current board chair Greg Ebel, the company said Monday in a news release. Monaco led Enbridge through a period of unprecedented growth. During his tenure, the company invested more than $60 billion in energy infrastructure projects, including Canada's first export pipeline system to the U.S. Gulf Coast.
Algonquin Power & Utilities Corp. (TSX:AQN). Up 50 cents, or 3.31 per cent, to $15.59. Algonquin announced Monday it has signed a deal to sell a stake in a portfolio of operating wind projects in the United States and Canada to InfraRed Capital Partners. The deal includes a 49 per cent stake in three operating wind facilities in the United States totalling 551 megawatts of installed capacity and an 80 per cent interest in the 175-MW Blue Hill Wind Facility in Saskatchewan. AQN says total cash proceeds from the deal are expected to be about US$277 million for the U.S. facilities and C$107 million for the Canadian operations, subject to customary closing adjustments.
This report by The Canadian Press was first published Oct. 3, 2022.
The Canadian Press
