Most actively traded companies on the TSX

TORONTO – Some of the most active companies traded Tuesday on the Toronto Stock Exchange:

Toronto Stock Exchange (16,183.59, up 84.80 points).

Emera Inc. (TSX:EMA). Energy. Up 35 points, or 0.62 per cent, to $56.53 on 11 million shares.

Air Canada (TSX:AC). Industrials. Up 26 cents, or 0.61 per cent, to $42.71 on 9.3 million shares.

Encana Corp. (TSX:ECA). Energy. Up 13 cents, or 2.32 per cent, to $5.74 on 7.7 million shares.

Bombardier Inc. (TSX:BBD.B). Industrials. Up three cents, or 1.8 per cent, to $1.70 on 6.8 million shares.

Belo Sun Mining Corp. (TSX:BSX). Materials. Up five cents, or 11.76 per cent, to 47.5 cents on 6.3 million shares.

B2Gold Corp. (TSX:BTO). Materials. Up 30 cents, or 6.44 per cent, to $4.96 on 5.8 million shares.

Companies in the news:

TC Energy Corp. (TSX:TRP). Up 85 cents to $65.53. Mexico’s president says his government has reached a deal with private natural gas pipeline operators, including Canada’s TC Energy Corp., to solve a dispute over fees and payments. The pipelines allow Mexico to import U.S. natural gas and distribute it throughout the country, but President Andres Manuel Lopez Obrador has said the companies took advantage of previous administrations when the contracts were signed. Lopez Obrador acknowledged Tuesday that the dispute with companies from the U.S., Canada and Mexico could potentially harm his country’s reputation among investors.

Fairfax Financial Holdings Ltd. (TSX:FFH). Down 42 cents to $580.67. Toys “R” Us Canada says it will open two new stores in the first half of 2020. An executive says the two stores will be smaller than the company’s typical big-box format, but bigger than its roughly 930-square-metre Guelph, Ont., location dubbed a Toybox that opened last year. The expansion to 85 stores comes after a tumultuous time for the toy seller after its American and U.K. counterparts liquidated stores, and the Canadian business sought creditor protection. Fairfax Financial Holdings Ltd. eventually purchased the Canadian operation for $300 million and has plans to significantly grow the company.

Scotiabank (TSX:BNS). Up 80 cents to $68.57. The Bank of Nova Scotia’s footprint in Latin America fuelled its third-quarter earnings to beat market expectations while its rival BMO Financial Group missed the mark amid higher loan loss provisions and slower growth in Canada and the U.S. Scotiabank, which has the largest international presence among Canada’s Big Six Banks, raised its dividend Tuesday as the lender reported a 2.3-per-cent increase in quarterly profits to $1.98 billion. BMO, however, reported a notable jump in loan loss provisions which largely drove its earnings to miss analyst expectations.

Canopy Rivers Inc. (TSXV:RIV). Down 18 cents or 7.5 per cent to $2.21. Canopy Rivers Inc., the venture capital arm of cannabis company Canopy Growth Corp., reported a net loss of nearly $3 million in its latest quarter. The company says the loss amounted to two cents per diluted share for the quarter ended June 30, compared with a net loss of $6.6 million or five cents per share a year ago. Operating income in what was the first quarter of the company’s 2020 financial year totalled $2.7 million, up from $744,000, including royalty, interest and lease income. During the quarter, Canopy Rivers made $18.8 million in new investments in High Beauty, Biolumic and Zeakal.