TORONTO – Some of the most active companies traded on the Toronto Stock Exchange on Friday:
Toronto Stock Exchange (20,226.11, up 60.53 points.)
The Bank of Nova Scotia. (TSX: BNS). Financial. Up 38 cents, or 0.47%, to $ 81.00 on 21 million shares.
Bombardier Inc. (TSX: BBD.B). Industrialists. Up 16 cents, or 13.68 percent, to $ 1.33 on 18.7 million shares.
TC Energy Corp. (TSX: TRP). Energy. Up 30 cents, or 0.49%, to $ 61.64 on 8.3 million shares.
Roxgold Inc. (TSX: ROXG). Materials. Up to one cent, or 0.53 percent, to $ 1.90 on 6.8 million shares.
Suncor Energy Inc. (TSX: SU). Energy. Down 21 cents, or 0.71%, to $ 29.48 on 6.6 million shares.
Canadian Natural Resources (TSX: CNQ). Energy. Down seven cents, or 0.16 percent, to $ 44.93 on 6 million shares.
Companies in the news:
Telus Corp. (TSX: T). Up to six cents to $ 27.86. Telus Corp. Said it has deployed emergency communications equipment to help local authorities and emergency teams deal with the wildfire in Lytton, British Columbia. this week. Officials said a lack of cell service made it difficult to determine if anyone was staying in the village, southwest of Kamloops in the interior of British Columbia. Telus spokeswoman Liz Sauve said on Friday the company installed a mobile phone tower around 6 p.m. Thursday to provide temporary service in the area. The company announced earlier Thursday that the fire had disabled two of its cell phone towers in the area. Telus workers are in the area to assess what equipment and technicians will be needed to restore services once they get clearance from emergency management teams, she said. The Vancouver-based company provides mobile, telephone and Internet service throughout British Columbia and Alberta, including Lytton. Telus announced Thursday that it is suspending all wireless overage charges throughout July and indefinitely suspending billing for residential customers who have been forced to leave their homes.
Air Canada (TSX: AC). Up to 39 cents or 1.5 percent to $ 25.89. Air Canada calls for rejection of US Department of Transportation’s fine of US $ 25.5 million for airline’s alleged failure to provide prompt refunds after canceling flights amid COVID pandemic -19. In a 46-page motion filed Wednesday, the Montreal-based airline presented a series of arguments against the fine, including that the facts cited by the agency are insufficient to legally establish violations. Air Canada says its refund policy complied with US Department of Transportation refund regulations and its conditions of carriage. He says the DOT relied on non-legally binding guidelines in an industry letter and failed to conduct a “thorough and well-reasoned analysis”. He also submits that the performance complaint does not demonstrate that the airline’s refund policy caused or was likely to cause substantial harm that could not reasonably be avoided. An administrative law judge from the Ministry of Transport will rule on the “notice of enforcement proceeding” issued by the ministry two weeks ago, where its aviation consumer protection agency said that Air Canada “ had illegally failed to reimburse on time ”for flights between the United States and Canada that were canceled or significantly altered.
This report by The Canadian Press was first published on July 2, 2021.
The Canadian Press