Most actively traded companies on the Toronto Stock Exchange
TORONTO – Some of the most active companies listed on the Toronto Stock Exchange on Friday:
Toronto Stock Exchange (20,230.26, up 15.14 points.)
TC Energy Corp. (TSX: TRP). Energy. Unchanged at $ 63.02 on 18.9 million shares.
Bombardier Inc. (TSX: BBD.B). Industrialists. Up five cents, or 4.1%, to $ 1.27 on 10.5 million shares.
BlackBerry LtÃ©e (TSX: BB). Technology. Down 71 cents, or 4.54 percent, to $ 14.94 on 6.2 million shares.
Suncor Energy Inc. (TSX: SU). Energy. Down 36 cents, or 1.17 percent, to $ 30.31 on 5.9 million shares.
Canadian Natural Resources (TSX: CNQ). Energy. Up 43 cents, or 0.96%, to $ 45.34 on 4.8 million shares.
Birchcliff Energy Ltd. (TSX: BIR). Energy. Up 38 cents, or 8.5 percent, to $ 4.85 on 4.7 million shares.
Companies in the news:
Hudson’s Bay Company – The Hudson’s Bay Company is ordered to pay after withholding rent from a major mall owner. Ontario Superior Court Judge Cory Gilmore this week told the Toronto-based department store chain to pay the rent it owes Oxford Properties Retail Holdings for its Hillcrest Mall location in Richmond Hill, in Ontario. The two sides have been feuding since the COVID-19 pandemic prompted health officials and politicians to force some non-essential retailers to temporarily shut down to stop the spread of the virus. As Hillcrest and several other shopping centers closed for long periods of time, HBC stopped paying its rent and argued that Oxford violated rental agreements and its bona fide contractual obligation because it no longer operated ” first-class shopping centers â. HBC claimed Hillcrest’s status was slipping because it had only operated 40% of the time since the first lockdown and claimed the mall was refusing to make security improvements to features such as its HVAC system. He also argued that the mall had “changed its character” because it dissuaded shoppers from lingering in stores and provided minimal seating in the food court. In his order, Gilmore said HBC was not entitled to any reduction or reduction in rent, but had given the retailer relief from forfeiture, which allows tenants to remedy their defaults and sets a repayment schedule.
Le ChÃ¢teau Inc. – Canadian retailer Le ChÃ¢teau Inc. has announced that it has completed the sale of its intellectual property and assets to Suzy’s Inc. The sale comes as Le ChÃ¢teau seeks to complete the liquidation of its operations under court protection against creditors under the Companies’ Creditors Arrangement Act. The deal was cleared by the Superior Court of Quebec on June 22 and was reached on Friday, Le ChÃ¢teau said. The company said all of Le ChÃ¢teau’s officers and directors resigned after the sale closed. Suzy’s specializes in women’s clothing and footwear with over 130 stores across Canada. Le Chateau was one of many Canadian retailers who filed for bankruptcy during the pandemic.
Sunwing – Sunwing says it has reached an agreement with the Canada Business Emergency Finance Corporation for financing to allow more customers to receive refunds. The travel agency says customers with non-refundable bookings whose vacations were canceled due to the pandemic and who received future travel credit or travel vouchers can now request a full refund. Sunwing advises that customers who wish to retain their travel credit can do so. It indicates that future travel credits are available for travel until September 30, 2026. To request a refund, eligible customers and travel agents must submit a request through a COVID-19 refund request form online before. August 27. The new policy applies to hotels, flights and vacation packages booked on or before Friday for trips scheduled from February 1, 2020.
This report by The Canadian Press was first published on June 25, 2021.
The Canadian Press