Most actively traded companies on the TSX

Some of the most active companies traded Monday on the Toronto Stock Exchange:

Toronto Stock Exchange (13,042.83, down 315.94 points):

Bankers Petroleum Ltd. (TSX:BNK). Oil and gas. Down six cents, or 5.41 per cent, to $1.05 on 6.7 million shares.

Lake Shore Gold Corp. (TSX:LSG). Miner. Down four cents, or 3.70 per cent, to $1.04 on 6.6 million shares.

Encana Corp. (TSX:ECA). Oil and gas. Down 60 cents, or 6.21 per cent, to $9.06 on 5.61 million shares.

Baytex Energy Corp. (TSX:BTE). Oil and gas. Down 87 cents, or 16.54 per cent, to $4.39 on 5.6 million shares.

First Quantum Minerals Ltd. (TSX:FM). Miner. Down 55 cents, or 11.09 per cent, to $4.41 on 5.5 million shares.

Penn West Petroleum Ltd. (TSX:PWT). Oil and gas. Down 24 cents, or 18.46 per cent, to $1.06 on 5.4 million shares.

Companies reporting major news:

Canadian Pacific Railway (TSX:CP). Transportation. Down $4.04, or 2.24 per cent, to $176.11 on 543,218 shares. Canadian Pacific Railway has room to raise its bid for a U.S. railway by as much US$8 billion, or 26 per cent, an industry observer says. The company has said its initial offer for Norfolk Southern, which would create the biggest railway in North America, was just a starting point. Scotiabank analyst Turan Quettawala said the Calgary-based railway can go as high as US$120 per share in cash and stock or US$35.8 billion.