TORONTO – Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (17,527.77, up 94.41 points.)
Zenabis Global Inc. (TSX:ZENA). Health care. Up less than one cent, or 14.29 per cent, to six cents on 27.5 million shares.
Cenovus Energy Inc. (TSX:CVE). Energy. Up 16 cents, or 2.06 per cent, to $ 7.91 on 10.2 million shares.
Toronto-Dominion Bank (TSX:TD). Financials. Up two cents, or 0.03 per cent, to $ 71.94 on 8.55 million shares.
Brookfield Property Partners (TSX:BPY.UN) Real estate. Up $ 3.39, or 18.41 per cent, to $ 21.80 on 8.3 million shares.
Bank of Nova Scotia. (TSX:BNS). Financials. Down $ 1.08, or 1.57 per cent, to $ 67.72 on 7.1 million shares.
Enbridge Inc. (TSX:ENB). Energy. Up 14 cents, or 0.34 per cent, to $ 40.85 on 7 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Add $ 2.49, or 8.59 per cent, to $ 31.49 on 6.7 million shares.
Companies in the news:
Aurora Cannabis Inc. (TSX:ACB). Up $ 1.51 or 14.2 per cent to $ 12.11. Aurora Cannabis Inc. says it experienced a “cybersecurity incident” over the holidays. The Edmonton-based cannabis producer says the incident took place on Dec. 25, but did not share what data was involved or how it was accessed. Spokeswoman Michelle Lefler says that as soon as Aurora learned of the incident, it took immediate steps to mitigate it. She says Aurora is following all security protocols and consulting with security experts. Lefler says Aurora’s patient systems were not compromised and the company’s network of operations is unaffected.
Canadian Pacific Railway Co. (TSX:CP). Down 77 cent to $ 440.76. Canada’s railways are reporting continued record levels of grain shipments as they add high-capacity grain hopper cars. Canadian Pacific Railway Co. says it moved a calendar year record 31.32 million tonnes of Canadian grain and grain products in 2020. It says it moved a record 8.84 million tonnes in the fourth quarter, aided by a record haul of 2.84 million tonnes in December. Canadian National Railway Co., meanwhile, says it also shipped a record of over 2.84 million tonnes of grain by rail car in December, bringing the volume from the 2020-21 crop year-to-date to 14.5 million tonnes, exceeding the previous all-time record pace volume by nearly two million tonnes or over 15 per cent.
Magna International Inc. (TSX:MG). Down $ 1.06 or 1.2 per cent to $ 89.05. Magna International Inc. is deepening ties with electric vehicle maker Fisker. Magna said Monday it had signed on to help Fisker build a driver assistance system for its electric sport utility vehicle. The driver assistance technology for Fisker will include cameras, ultrasonic sensors, and a digital imaging radar system that is a first for the automotive industry, Magna said. The deal comes after Magna announced last October it would be the exclusive manufacturer of the Fisker Ocean SUV in Europe. The vehicle uses Magna’s electric vehicle platform as a “starting point” which Fisker will customize to work with its in-house powertrain design.
Brookfield Property Partners LP. — Brookfield Asset Management Inc. has offered US$ 5.9 billion to buy the remaining stake in Brookfield Property Partners LP that it does not already own. The asset management company is offering US$ 16.50 per unit. Shares of Brookfield Property Partners rose more than 18 per cent to as much as US$ 17.14 apiece on the Nasdaq by midday Monday on the heels of the news. In Toronto, the property group’s shares saw a similar surge of nearly 18 per cent on Monday morning, while shares of Brookfield Asset Management fell about four per cent. Under the offer, Brookfield Property unitholders will have the option to receive payment in cash, Brookfield shares or Brookfield Property Partners preferred units, within certain limits. The maximum cash available under the proposal is US$ 2.95 billion.
Restaurant Brands International Inc. (TSX:QSR). Down $ 1.88 or 2.4 per cent to $ 75.95. Tim Hortons is hoping the third time’s a charm as it rolls out its latest iteration of a dark roast coffee this week, a key part of the chain’s back-to-basics plan that will focus on its core offerings of coffee, doughnuts and breakfast in 2021. It’s a strategy industry watchers say will help Tim Hortons shore up its existing market share while potentially attracting new customers in the increasingly competitive realm of grab-and-go breakfast. The fast-food eatery, whose parent company is Restaurant Brands International Inc., is also overhauling its breakfast sandwich by adding fresh eggs and naturally smoked bacon, while promising to remove artificial colours, flavours and preservatives from all its menu items by the end of the year.
This report by The Canadian Press was first published Jan. 4, 2021.