TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (22,005.94, up 68.05 points.)Â
Suncor Energy Inc. (TSX:SU). Energy. Up $1.20, or 2.9 per cent, to $42.41 on 16.4 million shares.Â
TC Energy Corp. (TSX:TRP). Energy. Up $1.31, or 1.8 per cent, to $72.37 on 16.2 million shares.
Hexo Corp. (TSX:HEXO). Health care. Up seven cents, or 8.1 per cent, to 93 cents on 10.1 million shares.
Tilray Inc. (TSX:TLRY). Health care. Up $1.93, or 22 per cent, to $10.72 on nine million shares.
Canopy Growth Corp. (TSX:WEED). Health care. Up 90 cents, or 9.1 per cent, to $10.83 on 8.7 million shares.
Power Corp. of sa¹ú¼Ê´«Ã½ (TSX:POW). Financials. Up five cents, or 0.1 per cent, to $39.14 on 8.1 million shares.
Companies in the news:Â
Molson Coors Beverage Co. — The union representing about 420 workers at the Molson Coors brewing plant on the South Shore of Montreal are on strike. Teamsters sa¹ú¼Ê´«Ã½ says nearly 320 workers voted 99 per cent on Sunday against the company's last contract offer and gave the union a strike mandate. The union says the two parties do not agree on salary increases and on the establishment of a new layoff system that would not take seniority into account. Molson Coors spokesman Frederic Bourgeois-Leblanc says it is disappointed that employees walked off the job before it made a final offer because it is offering a "more than competitive wage and has a history of providing well-paying jobs" in Quebec. Bourgeois-Leblanc adds that the company has turned to an unspecified contingency plan as it works to meet consumer demand.
BRP Inc. (TSX:DOO). Up $8.27 or 9.3 per cent to $96.84. BRP Inc. is entering the electric motorcycle business. The maker of Ski-Doo snowmobiles and Sea-Doo personal watercraft announced Friday that it will launch a family of electric two-wheel motorcycles, with the first models expected to be available by mid-2024 under the Can-Am brand. This is a return to motorcycles for Can-Am, which introduced its first product in 1973. Can-Am stopped its two-wheel motorcycle production in 1987, although it launched the three-wheel Can-Am Spyder in 2008. The initial models will target the North American and European market first,the company said. The announcement came as BRP reported Friday a fourth-quarter profit of $209.6 million as its revenue rose nearly 30 per cent compared with a year earlier. The company said its profit amounted to $2.50 per diluted share for quarter ended Jan. 31, down from $264.2 million or $2.95 per diluted share in the same period a year earlier. Revenue for the quarter totalled $2.35 billion, up from $1.82 billion.
This report by The Canadian Press was first published March 25, 2022.
The Canadian Press