TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,450.70, down 242.10 points): TC Energy Corp. (TSX:TRP). Energy. Down 48 cents, or 1.00 per cent, to $47.41 on 8.8 million shares.
Toronto Stock Exchange :Canopy Growth Corp. . Health care. Down 13 cents, or 13.68 per cent, to 82 cents on 7.0 million shares.
Algonquin Power & Utilities Corp. . Utilities. Down 35 cents, or 4.62 per cent, to $7.22 on 6.8 million shares.Baytex Energy Corp. . Energy. Up seven cents, or 1.17 per cent, to $6.04 on 5.8 million shares.Companies in the news: Bank of Nova Scotia. . Finance. Down $1.30, or 2.17 per cent, to $58.65. Scotiabank is cutting about three per cent of its global workforce as a result of changes at the bank and customers' day-to-day banking preferences, as well as ongoing efforts to streamline operations, the bank announced Wednesday. It will also take several charges that total $590 million after-tax, or about 49 cents per share, for its fourth quarter related to the cuts and other changes it is making.
Bank of Montreal. . Finance. Down $2.56, or 2.29 per cent, to $109.44. Loyalty program operator Air Miles has announced an exclusive partnership for hotels and vacation rentals with Expedia Group Inc. as part of its newly launched travel booking platform. The U.S.-based travel company said the partnership will allow Air Miles customers to access its 700,000 hotels and vacation rentals worldwide.
Air Canada. . Transportation. Down 62 cents, or 3.49 per cent, to $17.13. Air Canada's share price hit a one-year low on Wednesday as the airline navigates higher fuel costs, competition and interest rates. The company's stock slipped nearly three percentage points to $17.29 by midday, marking its lowest price since mid-October last year and a one-third drop from its recent peak in July — part of a pattern seen across the North American airline sector. It closed at $17.13.
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