TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,999.69, down 633.59 points.)
Enbridge Inc. (TSX:ENB). Energy. Down $2.02, or 3.5 per cent, to $56.45 on 25.6 million shares.
Cenovus Energy Inc. (TSX:CVE). Energy. Down $1.92, or 7.3 per cent, to $24.36 on 13.6 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Down $2.42, or 5.1 per cent, to $45.28 on 10.3 million shares.
Crescent Point Energy Corp. (TSX:CPG). Energy. Down $1.14, or 12 per cent, to $8.40 on nine million shares.
Bombardier Inc. (TSX:BBD.B). Industrials. Down 12 cents, or 9.4 per cent, to $1.15 on 8.4 million shares.
Tamarack Valley Energy Ltd. (TSX:TVE). Energy. Down 59 cents, or 11.7 per cent, to $4.44 on 8.2 million shares.
Companies in the news:
Rogers Communications Inc. (TSX:RCI.B). Down $2.77, or 4.1 per cent, to $64.19. Shaw Communications Inc. (TSX:SJR.B). Down $2.69, or 7.2 per cent, to $34.87. The Competition Bureau has filed an application to block Rogers Communications Inc.'s purchase of Shaw Communications Inc. because it claims the transaction would lead to worse service and higher prices, though experts say the move isn't necessarily the end of the road. The federal regulator is asking the Competition Tribunal to prevent the $26-billion deal from proceeding and seeks an injunction to stop the two companies from closing the deal until the bureau's application can be heard. The merger will lead to "higher prices, poorer service quality and fewer choices," the bureau said, particularly in the wireless sector, where Rogers, Bell and Telus Corp. currently serve about 87 per cent of Canadian subscribers.
This report by The Canadian Press was first published May 9, 2022.
The Canadian Press