TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (21,637.54, down 15.48 points.)
Manulife Financial Corp. (TSX:MFC). Financials. Down 66 cents, or 2.58 per cent, to $24.97 on 22.9 million shares.
Definity Financial Corp. (TSX:DFY). Financials. Down 83 cents, or 2.96 per cent, to $27.17 on 8.2 million shares.
Bombardier Inc. (TSX:BBD.B). Industrials. Up five cents, or 2.81 per cent, to $1.83 on 7.8 million shares.
Sun Life Financial Inc. (TSX:SLF). Financials. Down 43 cents, or 0.61 per cent, to $70.42 on 6.7 million shares.
Cenovus Energy Inc. (TSX:CVE). Energy. Up 42 cents, or 2.68 per cent, to $16.09 on 5.5 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up seven cents, or 0.22 per cent, to $32.30 on 5.4 million shares.
Companies in the news:
Lion Electric Co. (TSX:LEV). Down 51 cents or 3.5 per cent to $13.96. Lion Electric Co. says Groupe Autobus Séguin has ordered 55 electric school buses to be delivered by 2025. The price to be paid for the 45 LionA and 10 LionC model buses was not immediately available. The new buses will be used on school routes in the Montreal and Laval regions in Quebec. Lion Electric says the order is conditional on a grant under the Quebec government's school transportation electrification program and the federal government's zero emission transit fund. The order is in addition to 60 LionC buses ordered by Autobus Séguin in January. Last month, Lion Electric received a conditional order for 1,000 electric school buses from Student Transportation of Canada.
Parkland Corp. (TSX:PKI). Down 58 cents or 1.7 per cent to $34.49. While British Columbians in flood-affected communities continue to see lineups and sporadic outages at gas stations, experts say the province is not in any immediate danger of running out of fuel. However, in the longer term, B.C.'s gasoline supply is dependent on the resumption of operations of the Trans Mountain pipeline, which has been idled since Sunday as a precautionary measure due to flooding and extreme weather in parts of the province where it operates. In the days since floods and washouts damaged rail lines and highways and severed access from parts of B.C. to the rest of the country, residents of the westernmost province have experienced long lines and in some cases a complete lack of product at gas stations in some communities. The Saanich Police Department said on social media Thursday that gas station lineups in the greater Victoria area were causing traffic disruptions to the point that B.C. Transit was having to divert its buses to alternate routes. But Vijay Muralidharan — Calgary-based director of consulting with Kalibrate, formerly Kent Group Ltd. — said these issues are not the result of the pipeline shutdown or a lack of overall fuel supply in the province. While 40 per cent of B.C.'s gasoline arrives in the province as a refined product from Alberta through the Trans Mountain pipeline, B.C. also produces its own gasoline at a refinery in Burnaby owned by Parkland Corporation.
This report by The Canadian Press was first published Nov. 18, 2021.
The Canadian Press