Winnipeg Free Press

Winnipeg Free Press (Newspaper) - August 13, 2024, Winnipeg, Manitoba TUESDAY, AUGUST 13, 2024 B6 ● WINNIPEGFREEPRESS.COM BUSINESS I STOCKS Agnico Eagle Mines L 105.45 3.59 955 108.21 59.36 Alamos Gold Inc. 24.85 1.00 817 25.08 14.80 AltaGas Ltd. 33.19 0.15 318 33.94 24.67 ARC Resources Ltd. 24.84 1.33 1,905 26.17 19.02 AtkinsRéalis Group 54.02 1.50 439 60.55 37.09 Bank of Montreal 111.85 -0.11 4,873 133.95 102.67 Bank of Nova Scotia 61.49 -2.18 6,117 70.40 55.20 Barrick Gold Corpora 26.15 2.24 6,907 26.58 18.65 BCE Inc. 47.84 -0.19 1,675 58.10 42.58 BMO MSCI EAFE Index 22.48 0.03 24 23.57 19.11 BMO S&P 500 Index ET 80.28 0.05 164 84.71 62.27 BMO S&P/TSX Capped C 30.00 0.15 103 31.08 25.04 Brookfield Infrastru 41.24 -0.11 309 45.08 29.12 Brookfield Renewable 33.50 -0.15 270 39.85 27.43 Cameco Corporation 53.73 -0.59 781 76.66 45.46 Canadian Apartment P 49.07 -0.15 217 54.60 40.52 Canadian Imperial Ba 69.69 -0.25 2,436 71.77 47.44 Canadian National Ra 152.20 -0.01 1,084 181.34 143.13 Canadian Natural Res 49.10 1.28 4,673 56.50 40.02 Canadian Pacific Kan 106.14 -0.71 1,046 123.37 94.45 Canadian Tire Corpor 149.26 -0.25 315 177.71 126.25 Canadian Tire Corpor 215.00 13.00 0 297.89 202.00 Canadian Utilities L 32.63 0.28 846 33.72 28.13 CCL Industries Inc. 74.30 0.00 0 77.15 53.01 CCL Industries Inc. 73.39 -0.53 130 75.53 52.82 Cenovus Energy Inc. 26.11 0.83 2,972 29.96 19.82 CGI Inc. Class A Sub 145.63 -1.02 338 160.40 129.00 Colliers Internation 181.58 -2.06 58 194.52 115.00 Constellation Softwa 3959.54 -115.46 31 4476.50 2585.25 Descartes Systems Gr 132.03 -0.66 62 143.33 95.03 Dollarama Inc. 128.92 1.86 466 132.23 84.19 Element Fleet Manage 25.33 -0.05 351 26.92 18.50 Emera Incorporated 48.81 -0.34 1,164 52.39 43.67 Empire Company Limit 36.62 0.02 681 40.69 31.45 Enbridge Inc. 53.68 0.32 14,239 53.49 42.75 Fairfax Financial Ho 1509.38 9.37 33 1628.23 1070.00 Fairfax Financial Ho 1080.22 0.00 0 1144.11 783.83 First Quantum Minera 15.96 0.43 1,783 37.23 9.31 FirstService Corpora 231.02 -1.33 26 245.63 187.25 Fortis Inc. 58.76 -0.23 1,736 59.40 49.82 Franco-Nevada Corpor 170.33 4.10 159 198.00 139.19 George Weston Limite 208.49 1.32 91 217.28 144.41 Gildan Activewear In 57.00 -0.24 296 58.00 36.42 Great-West Lifeco In 42.00 0.68 3,204 45.18 37.06 Hydro One Limited 43.76 -0.04 456 44.16 32.79 IGM Financial Inc. 36.88 0.15 156 39.50 30.34 Imperial Oil Limited 103.28 3.92 1,049 101.63 72.03 Intact Financial Cor 248.22 2.30 336 263.74 188.22 iShares Core MSCI EA 36.80 0.02 97 38.77 31.30 iShares Core S&P 500 55.87 -0.02 86 59.23 43.31 iShares Core S&P/TSX 35.74 0.13 121 37.03 29.75 iShares S&P/TSX 60 I 34.08 0.10 1,370 35.18 28.49 Ivanhoe Mines Ltd. 15.67 0.14 2,064 21.32 9.89 Keyera Corp. 39.51 0.39 638 39.39 30.08 Kinross Gold Corpora 12.25 0.60 3,367 13.08 5.91 Loblaw Companies Lim 165.77 0.80 167 171.99 110.52 Lundin Mining Corpor 12.67 0.13 1,272 17.97 8.18 Magna International 52.28 -1.00 3,121 81.65 53.02 Manulife Financial C 34.32 -0.12 7,572 37.46 23.69 Metro Inc. 79.41 -0.34 212 83.16 65.43 Molson Coors Canada 80.66 6.66 0 94.63 65.00 Molson Coors Canada 71.49 -0.71 1 93.06 65.04 National Bank of Can 114.42 0.45 1,253 118.77 84.27 Newmont Corporation 67.13 1.67 113 70.17 39.96 Open Text Corporatio 40.92 -0.62 638 60.00 37.92 Ovintiv Inc. 59.24 0.92 92 76.63 53.61 Pan American Silver 27.25 1.02 1,011 33.20 16.50 Pembina Pipeline Cor 52.20 -0.90 1,445 53.82 38.79 Power Corporation of 37.45 0.74 2,324 40.59 32.33 Quebecor Inc. Class 33.76 0.00 0 37.25 28.07 Quebecor Inc. Class 33.10 0.10 554 34.47 27.25 RB Global Inc. 107.30 -1.07 103 113.58 75.49 Restaurant Brands In 97.41 0.00 0 109.74 84.00 Restaurant Brands In 95.96 -0.81 436 112.12 84.73 Rogers Communication 56.25 -0.74 1 64.95 50.50 Rogers Communication 54.17 -0.43 1,584 64.71 48.67 Royal Bank of Canada 148.76 -1.08 4,146 155.22 107.92 Saputo Inc. 29.40 -1.24 629 32.15 25.28 Shopify Inc. Class A 93.90 -1.23 3,594 123.20 63.16 Sprott Physical Gold 26.34 0.40 25 26.61 19.15 Sprott Physical Gold 19.02 0.18 4 19.24 14.00 Stantec Inc. 108.51 -1.14 172 122.57 82.50 Sun Life Financial I 65.94 -0.07 839 74.94 61.84 Suncor Energy Inc. 55.72 1.24 9,870 56.69 40.07 TC Energy Corporatio 59.80 0.34 2,902 60.02 44.70 Teck Resources Limit 63.98 1.54 1 74.15 44.46 Teck Resources Limit 63.82 1.47 757 74.37 47.47 TELUS Corporation 22.54 0.02 4,652 25.94 20.04 TFI International In 199.02 1.01 83 220.93 144.42 Thomson Reuters Corp 220.81 -0.91 266 242.92 163.01 TMX Group Limited 41.70 -0.07 404 42.50 28.32 Toromont Industries 121.31 -1.11 101 135.53 100.81 Toronto-Dominion Ban 78.51 0.15 4,689 86.89 73.67 Tourmaline Oil Corp. 60.73 2.45 9,240 74.21 53.45 Vanguard S&P 500 Ind 130.35 0.13 184 137.50 101.01 Vanguard U.S. Total 97.99 -0.13 25 103.72 76.35 Waste Connections In 247.35 -0.27 179 251.99 174.74 West Fraser Timber C 117.12 -0.11 89 124.18 88.61 Wheaton Precious Met 78.61 1.96 983 86.22 52.15 WSP Global Inc. 212.39 0.40 209 230.98 174.39 VOLUME 52-WK 52-WK STOCK CLOSE CHG (000S) HIGH LOW (by market capitalization) TSX Top 100 MARK E T WAT CH Daily Mutual Movers Biggest gainers and losers base on percentage change in daily net asset value per share. Data supplied by Fundata. All Funds COMPANY CLOSE CHG Canoe Energy Port Cl A 10.60 7.34 Dyn Precious Metals Fd A 14.37 5.60 TD Precious Metals Fd Inv 58.14 4.10 Dyn Strat Gold Cl A 21.32 4.05 BMO Prec Metals Fd A 29.25 3.84 RBC Gbl Prec Mtls Fd A 60.00 3.81 CANL Prec Mtl Fd A 21.32 3.53 CIBC Precious Metals Fd A 17.46 3.50 BMO Resource Fd A 51.31 2.75 Canoe Engy Inc Port Cl A 6.67 2.74 RBC Cdn S & M-Cp Res Fd A 11.29 2.43 BMO Glo Energy A 11.92 1.94 IG Mac Glo Res FdCNL 16.76 1.93 Canadian Equity COMPANY CLOSE CHG Fid Cdn Hi Qu ETF Fd B 13.32 0.95 DFA Cdn Vector Equ Fd A 14.36 0.95 BMO SIAFocCdnEquFd Adv 12.54 0.93 DFA Cdn Core Equity Fd A 27.06 0.81 Fid Cdn Opport Fd B 34.91 0.72 RBC O’Sh All-Cdn Eq Fd A 16.14 0.65 SEI Cdn Equity Fd O 24.40 0.64 Ren Cdn All-Cap Equ Fd A 20.28 0.53 Sionna CdnEqFd A 20.50 0.52 RBC QUBE Cdn Equ Fd O 13.57 0.48 Rus Inv M-F CdnEquPool B 12.24 0.46 C Cdn Equ PP Prem 12.94 0.45 IPC Mult-Fact Cdn Eqty P 12.65 0.45 Canadian Fixed Income COMPANY CLOSE CHG TD Cdn Core + Bond Fd Inv 10.59 0.28 Canoe Bond Advantage Fd A 8.68 0.25 Mack FPCan Fx In PtPA 10.19 0.25 CapGp CdnC+FxIncFd(Cda) A 9.64 0.24 Sym Fixed Inc Pf A 9.69 0.23 NEI Fixed Income Pool I 9.15 0.23 Desj Cdn Bond Fd A 5.22 0.23 Dyn Tact Bond Pvt Pl F 8.25 0.23 NEI Cdn Imp Bd Fd A 10.22 0.23 RBC Vision Fut Sol Bd O 10.05 0.23 CL Cdn Cr Fx In Fd I 9.86 0.23 BMO Core Plus Bond Fd A 9.45 0.22 Dyn Tot Ret Bond Fd A 7.34 0.22 Global Equity COMPANY CLOSE CHG Canadian Dollar 39,357.01 16,780.61 DOW NASDAQ S&P 500 S&P/TSX -140.53 +35.31 +0.23 +87.63 22,398.935,344.39 +0.05+3.22 OIL GAS GOLD SILVER US$80.06 US$2.19 US$2,504.00 US$28.01 +30.60 +0.42 DOLLAR 72.79¢ -0.03 22,500 23,150 21,850 23,800 21,200 DAILY CLOSE, PAST 30 DAYS July August II Manitoba Stocks Ag Growth Int’l Inc. 53.32 -0.67 376,532 Artis REIT 6.61 -0.03 56,742 BCE Inc. 47.84 -0.19 1,673,471 Bird River Resources Inc. 0.04 0 - Boyd Group Services Inc. 224.80 4.8 78,563 Buhler Industries Inc. 2.05 0 - Delta 9 Cannabis Inc. 0.01 0 - Exchange Income Corp. 46.75 0.35 95,119 FP Newspapers Inc. 0.53 0 300 Gossan Resources Ltd. 0.04 0 - Great West Lifeco Inc. 42.00 0.68 3,203,690 Hudbay Minerals Inc. 10.12 0.15 1,241,128 IGM Financial Inc. 36.88 0.15 155,845 Kane Biotech Inc. 0.15 0 4,000 Medicure Inc. 1.05 -0.02 14,076 NFI Group Inc. 18.50 -0.5 287,511 North West Co. Inc.New 43.62 0.51 53,456 Pollard Banknote Ltd. 18.19 -0.17 19,836 Winpak Ltd. 45.66 -0.49 18,416 Marwest Apartment REIT 0.9 0 0 COMPANY CLSE CHG VOL COMPANY CLSE CHG VOL Futures Trading — Grain quotes CANOLA COMPANY OPEN HIGH LOW CLOSE YESTERDAY Nov ‘24 591.70 597.50 586.90 587.10 592.10 Jan ‘25 600.60 606.50 596.60 596.90 601.30 Mar 607.90 612.10 603.90 605.00 608.40 May 613.50 615.40 610.00 610.60 613.40 Jul 618.70 618.90 613.20 614.70 616.70 Nov 588.70 590.50 588.70 590.50 590.20 Jan ‘26 594.40 594.40 594.40 594.40 591.80 Mar 591.00 591.00 591.00 591.00 588.40 May - 591.40 - 591.40 588.80 Jul - 588.90 - 588.90 586.30 Nov 586.40 586.40 586.40 586.40 583.80 SOURCES: THE BANK OF CANADA, FUNDATA, ICE FUTURES CANADA, CME GROUP S&P/TSX Composite Index Foreign Exchange Rates These are indicative wholesale rates for foreign currency provided by the Bank of Canada on Monday. Quotations in Canadian funds. Australian dollar 0.9056 Brazilian real 0.2498 Chinese renminbi 0.1914 European euro 1.5012 Hong Kong dollar 0.1763 Indian rupee 0.01637 Indonesian rupiah 0.000086 Japanese yen 0.00932 Mexican peso 0.0724 New Zealand dollar 0.8273 Norwegian krone 0.1273 Peruvian new sol 0.3672 Russian ruble 0.01511 Saudi riyal 0.366 Singapore dollar 1.0373 South African rand 0.07536 South Korean won 0.001003 Swedish krona 0.1305 Swiss franc 1.5841 Taiwanese dollar 0.04235 Turkish lira 0.041 UK pound sterling 1.7542 US dollar 1.3738 A U.S. dollar cost $1.3738 based on daily average Dyn Pwr Gbl Grwth Cl A 17.07 0.93 ROMC Trust Series A 22.93 0.39 BMO Glo Innov FdA 14.49 0.36 CL Sust Glo Eq R 13.32 0.35 Mack Sh Glo Equ Fd A 10.26 0.31 Mack Tax-Mng Glo Equ A 10.76 0.28 TD Gbl Equ Foc Fd Inv 19.27 0.26 En Equity Fd A 22.47 0.26 Guardian i3 GlQualityGrA 11.17 0.26 Mac Gbl Equity Fd A 20.33 0.25 Ren GblScience&TechFd A 187.54 0.25 Mack FPGlo Co PA 14.23 0.25 CIBC Gbl Tech Fd A 73.32 0.24 These companies will have headquarters or major operations in Manitoba. Closing values are as of the end of trading. Provided by Wellington-Altus Private Wealth. Third person dies in Ontario in Listeria outbreak linked to plant-based milks TORONTO — A third person from On- tario has died in a Listeria outbreak connected to Great Value and Silk plant-based milks, the province’s Min- istry of Health said Monday afternoon. The statement followed an update about the outbreak published Monday by the Public Health Agency of Canada, which said there were 20 confirmed cases of people sickened by listeriosis — the illness caused by the Listeria bacteria — in four provinces. The affected products include Silk brand oat milk, almond milk, coconut milk, almond-coconut milk and al- mond-cashew milk, as well as Great Value brand almond milk with best before dates up to and including Oct. 4 and containing the number 7825 in the product code. The Listeria contamination origin- ated on a dedicated production line at Joriki, a third-party beverage pack- aging facility in Pickering, Ont., used by plant-milk manufacturer Danone Canada, the Canadian Food Inspection Agency said last week. People became sick between August 2023 and mid-July 2024, the Public Health Agency of Canada said. Thir- teen of the cases were in Ontario, five were in Quebec, one was in Nova Scotia and one was in Alberta. The people sickened range in age from seven to 89 and 70 per cent of the cases were 50 years of age and older. Fifteen people have been reported hos- pitalized in the outbreak, the agency said. The agency said people should check to see if they have any of the affected products and either throw them out or return them to where they were pur- chased. — The Canadian Press NICOLE IRELAND TORONTO — Scotiabank has signed a deal to buy a minority stake in U.S. bank KeyCorp as it works to focus on the North American market. The Canadian bank said Monday it will pay a total of about US$2.8 billion for a 14.9 per cent stake in the company in two stages. The deal significantly increases Sco- tia’s spending on its priority markets, said chief executive Scott Thomson in a statement. “We believe that this transaction provides attractive near-term returns to our shareholders and creates future optionality for Scotiabank in the North American corridor.” The bank announced a ‘refreshed’ company strategy last December that included pulling back new spending on some Latin American countries as it fo- cused resources closer to home. The deal with KeyCorp gives it a greater foothold in the U.S., where other Canadian banks have also been expanding their presence. Under the agreement, Scotiabank will acquire its stake through the issu- ance of a total of 163 million KeyCorp common shares in two tranches at a price of US$17.17 per share. National Bank analyst Gabriel De- chaine said the surprise deal is ex- pected to add value and increase its North American exposure. But he thinks investors were expecting Sco- tiabank to pull back from acquisitions, and that any plans for the bank to in- crease its stake in KeyCorp could sap capacity to spend capital elsewhere, like buybacks. The banks say Scotiabank will make an initial investment of US$800 million for a 4.9 per cent stake that is expected to close in its fourth quarter, subject to clearances and regulatory approvals. The deal will be followed by an addi- tional investment of US$2 billion for a 10 per cent stake that is expected to close in fiscal 2025. — The Canadian Press Scotiabank adds to U.S. exposure with US$2.8B deal for KeyCorp stake IAN BICKIS Goodyear spending $575M to expand Ontario plant, produce EV tires N APANEE, Ont. — Goodyear Canada is planning to spend more than $575 million to ex- pand and modernize an eastern On- tario plant to produce electric vehicle and all-terrain tires and make its pro- cesses more energy efficient. Prime Minister Justin Trudeau and Premier Doug Ford were on hand for an announcement Monday at the factory in Napanee and the project is getting financial support from both levels of government. Goodyear is set to receive up to $44.3 million from the federal Stra- tegic Innovation Fund and $20 mil- lion through the provincial Invest Ontario. Trudeau said Goodyear’s invest- ment is a vote of confidence for Can- ada’s auto sector and its workers. He touted, in particular, electric vehicle battery plants that Canada has at- tracted in the past several years, in- cluding three in the works in Ontario. “We chose to back our auto workers and invest in the future of the indus- try and the results, the results speak for themselves,” he said. “These global leaders have recog- nized all that Canada and Canadians have to offer: abundant clean energy and a commitment to serious climate action, access to critical minerals and other natural resources, stable and reliable democratic institutions, strong trade relationships spanning every corner of the globe, and, most importantly, the best workers in the world.” But not all electric vehicle manu- facturing news has been positive lately, with Umicore announcing last month that it had halted spend- ing on a battery materials plant not far from Goodyear’s eastern Ontario facility, citing substantially scaled- back growth projections for the EV market. And in April, Ford pushed back planned EV production at its plant in Oakville, Ont., by two years, only to announce in June it was switching production plans away from EVs to its Super Duty pickup trucks. Trudeau on Monday defended the push to make Canada, and in particu- lar Ontario, a leader in electric vehi- cles and the associated supply chain, including the billions of dollars in government subsidies that helped to attract the plants. “This is a nascent technology, a nascent industry,” he said. “There are going to be challenges along the way, but knowing that Canada has positioned itself as number one in the world in EV supply chains, according to Bloomberg, as the place to invest, has shown that we are making the right bet on the future.” Goodyear president and CEO Mark Stewart said the company’s plans in Napanee include facility expansion, modernization, new state-of-the-art equipment and new technology, as well as 200 new highly skilled jobs by 2027. “We really appreciate our very deep partnership with the federal, provincial and local municipalities, of course our amazing associates that make it happen every day here in Napanee, and their families here in the community,” he said. The project is also expected to get the plant to net-zero emissions by 2040. — The Canadian Press JUSTIN TANG / THE CANADIAN PRESS Goodyear tires on a conveyor belt in the warehouse at the plant in Napanee, Ont. ;