Most actively traded companies on the Toronto Stock Exchange

TORONTO Some of the most active companies that traded on the Toronto Stock Exchange on Friday:

Toronto Stock Exchange (20,257.95, up 196.74 points.)

The Toronto Dominion Bank. (TSX:TD). Finance. Up 95 cents, or 1.13 percent, to $84.70 on 7.1 million shares.

The Bank of Nova Scotia. (TSX:BNS). Finance. Up 97 cents, or 1.25 percent, to $78.90 on 5.3 million shares.

Nevada Copper Corp. (TSX:NCU). materials. One cent, or 5.26 percent, rose to 20 cents on 5.1 million shares.

Bombardier Inc. (TSX:BBD.B). Industrial. One cent, or 0.74 percent, up to $1.37 on 4.6 million shares.

The Royal Bank of Canada. (TSX:RY). Finance. Up 59 cents, or 0.47 percent, to $126.37 on 4.4 million shares.

TC Energy Corp. (TSX:TRP). Energy. Up 64 cents, or 1.03 percent, to $62.56 on 4.2 million shares.

Companies in the news:

Atco Energy Solutions (TSX:ACO.X). 39 cents up to $44.26. Atco Energy Solutions has announced the construction of a new facility that will use organic waste by-products to produce “renewable” natural gas. The facility, a first for the Calgary-based company, will be built north of Vegreville, Alta., and should be operational by the end of 2022. It will process agricultural manure and other organic waste products from nearby municipalities and harvest the methane emissions that would otherwise be released into the atmosphere. The facility will also produce fertilizer as a by-product, for use by local farmers. Vegreville-based biofuel company Future Fuel Ltd. will work with Atco to develop the project. Mike Shaw, senior vice president of Atco Energy Solutions, said the facility will be one of the largest renewable natural gas installations in Canada upon completion. He said it will produce enough natural gas to heat 2,500 homes a year and cut CO2 emissions by 20,000 tons a year. While the Vegreville plant will be Atco’s first renewable fuel project, Shaw said it is developing other projects to help meet its climate change and sustainability goals. Renewable natural gas can be produced from a variety of feedstocks, including domestic and commercial organics, waste from water treatment plants, and waste from landfills. It can be injected into the existing natural gas network just like conventional natural gas.

TWC Enterprises Ltd. (TSX:TWC). Down $1.20 or 6.1 percent to $18.49. The company that operates the famed Glen Abbey golf course in Oakville, Ontario, has pulled out of its bid to get approval for a proposed housing and commercial development. TWC Enterprises Ltd., which does business under the ClubLink brand, issued a brief statement saying it has withdrawn the appeals due to be heard by the Ontario Land Tribunal in August. The development plan, which included the construction of approximately 3,000 homes plus office and retail space, had faced strong local resistance since several years ago. Ontario’s minister of municipal affairs Steve Clark said in a statement that he was asked this week by the city of Oakville and the Halton region to intervene. Clark says he has received a commitment from ClubLink to not only end the call, but also withdraw development plans and continue to operate Glen Abbey as a golf course. Oakville Mayor Rob Burton issued a statement saying that “the announcement that Glen Abbey’s land will be preserved is exactly what the City Council, the Halton Regional Council and the residents of Oakville have been working towards for many years.”

MTY Food Group Inc. (TSX:MTY). $9.26 or 17.1 percent up to $63.52. MTY Food Group Inc. said it will pay dividends again as it reported a profit of $23 million in the last quarter, compared to a loss of $99.1 million a year ago when the pandemic began. The restaurant franchiser and operator, which had suspended its dividend last year when the pandemic forced restaurants to close, says it will pay a quarterly dividend of 18.5 cents per share next month. The payment to shareholders comes as MTY says earnings for the three months ended May 31 was 93 cents per diluted share, compared to a loss of $4.01 per diluted share a year ago. Revenue for what was the company’s second quarter was $135.9 million, up from $97.8 million in the year-ago quarter. At the end of the quarter, MTY says 359 locations were still temporarily closed due to the pandemic, including 283 in Canada, 54 in the US and 22 internationally. It says 258 locations were temporarily closed as of Friday. MTY is the company behind more than 80 restaurant brands, including food court products such as Thai Express and Tiki-Ming.

This report from The Canadian Press was first published on July 9, 2021.

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