TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (17,064.00, up 32.06 points.)
Aurora Cannabis Inc. (TSX:ACB). Health care. Up 12 cents, or 4.21 per cent, to $2.97 on 9.6 million shares.
Bombardier Inc. (TSX:BBD.B). Industrials. Up six cents, or 3.17 per cent, to $1.95 on 6.6 million shares.
Crescent Point Energy Corp. (TSX:CPG). Energy. Up 28 cents, or 5.35 per cent, to $5.51 on 5.6 million shares.
Baytex Energy Corp. (TSX:BTE). Energy. Up four cents, or 2.37 per cent, to $1.73 on 5.2 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 99 cents, or 2.44 per cent, to $41.56 on 5 million shares.
Encana Corp. (TSX:ECA). Energy. Down two cents, or 0.34 per cent, to $5.89 on 4.4 million shares.
Companies in the news:
Martinrea International Inc. (TSX:MRE). Up 43 cents or 3.1 per cent to $14.36. Martinrea International Inc. has signed a US$19.5-million deal with Metalsa S.A. de C.V. to buy a unit of the Mexican company that makes structural components for passenger cars. Under the agreement, the Canadian auto parts company will acquire six plants around the world with approximately 2,000 employees. The deal includes a large facility in Bergneustadt, Germany, as well as a plant in San Luis Potosi, Mexico, a facility in Tuscaloosa, Ala., and two in China. Martinrea will also acquire a facility in South Africa under the transaction.
Volkswagen — A judge denied standing to three members of the public in the emissions case against Volkswagen in Ontario court Thursday, saying it’s not their role to prosecute the company accused of harming them. Lawyers for the German automaker have said the company intends to plead guilty to all 60 Canadian charges it faces in the emissions-cheating scandal, and Justice Enzo Rondinelli had been weighing a third-party application to hear from its alleged victims. In denying that application, Rondinelli noted that in a criminal case it is the Public Prosecution Service of Canada’s role to represent the public at large. Volkswagen is accused of importing 128,000 cars into Canada between 2008 and 2015 that violated emissions standards.
This report by The Canadian Press was first published Dec. 19, 2019.
The Canadian Press