TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,257.29, up 73.66 points.)
Suncor Energy Inc. (TSX:SU). Energy. Up $1.36, or 2.9 per cent, to $48.12 on 12.6 million shares.
Canadian Natural Resources (TSX:CNQ). Energy. Up $1.32, or 1.9 per cent, to $70.97 on 10.7 million shares.
Athabasca Oil Corp. (TSX:ATH). Energy. Up 11 cents, or 4.0 per cent, to $2.87 on 9.5 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Up 16 cents, or 0.7 per cent, to $22.13 on 9.3 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Down 31 cents, or 1.2 per cent, to $25.30 on 8.5 million shares.
Cenovus Energy Inc. (TSX:CVE). Energy. Up 62 cents, or 2.4 per cent, to $25.95 on 8 million shares.
Hydro One Ltd. (TSX:H). Down five cents to $32.72. Hydro One Ltd. says chief executive Mark Poweska is stepping down. The Toronto-based company says he is leaving to take a leadership position at a utility closer to his family in Western Canada later this year. Hydro One says William Sheffield has been appointed interim president and CEO. Sheffield has been a member of the company’s board of directors since 2018. Poweska was named CEO of Hydro One in 2019. The company says he will remain with Hydro One as an adviser to help Sheffield with the transition.
Canadian retail sales. — Canadian retail sales rose 0.9 per cent to $60.7 billion in April, Statistics Canada said Tuesday as gains at general merchandise stores helped lift the overall sales. The agency also said its early estimate for retail sales in May suggested a gain of 1.6 per cent for the month, but cautioned the figure would be revised. TD Bank economist Ksenia Bushmeneva said retail sales remained robust in April, with core sales increasing for the fourth consecutive month. The retail sales report came a day ahead of May inflation figures expected on Wednesday. The annual inflation rate hit 6.8 per cent in April, its highest level since January 1991 when it reached 6.9 per cent. Statistics Canada said Tuesday retail sales in April were up in six of the 11 subsectors tracked by the agency, representing 43.3 per cent of retail trade. Sales at general merchandise stores gained 4.2 per cent, while sales at miscellaneous store retailers, which includes pet stores, cannabis stores, office supplies and stationery stores and pool retailers, rose 11.3 per cent.
This report by The Canadian Press was first published June 21, 2022.