TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,443.77, up 58.85):
Toronto-Dominion Bank (TSX:TD). Financials. Unchanged at $87.67 on 20.5 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Down $1.67, or 3.89 per cent, to $41.28 on 15.8 million shares.
TC Energy Corp. (TSX:TRP). Energy. Down 68 cents, or 1.26 per cent, to $53.30 on 8.7 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down $3.90, or 5.19 per cent, to $71.29 on 7.4 million shares.
Athabasca Oil Corp. (TSX:ATH). Energy. Down 16 cents, or 6.64 per cent, to $2.25 on 6.5 million shares.
Bank of Nova Scotia (TSX:BNS). Financials. Down $1.15, or 1.73 per cent, to $65.19 on 6.5 million shares.
Companies in the news:
Rogers Communications Inc. (TSX:RCI.B). Up 67 cents, or 1.06 per cent, to $64.04; and Shaw Communications Inc. (TSX:SJR.B). Down 37 cents, or 0.95 per cent, to $38.64. The Federal Court of Appeal will hear the Competition Bureau's appeal of a decision that cleared the way for Rogers Communication Inc.'s takeover of Shaw Communications Inc. on Jan. 24. The Competition Bureau is appealing the Competition Tribunal's dismissal of its efforts to block the $26-billion deal, stating the tribunal made fundamental errors of law. Jonathan Lisus, a lawyer representing Rogers, said a formal order for the hearing date will come Wednesday but that the Commissioner of Competition will have to submit its case by Jan. 13 while the companies will have until Jan. 17 to respond. Rogers and Shaw have pushed for an expedited appeals process as they still look to close the deal by their already extended Jan. 31 deadline. The Competition Bureau has already secured a temporary, emergency stay to halt the deal until the Federal Court of Appeal hears its case.
This report by The Canadian Press was first published Jan. 3, 2023.
The Canadian Press
