Most actively traded companies on the Toronto Inventory Exchange

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

Toronto Inventory Trade (20,065.92, up 30.62 factors.)

BlackBerry Ltd. (TSX:BB). Know-how. Up 9 cents, or .47 per cent, to $19.10 on 15.2 million shares.

Suncor Energy Inc. (TSX:SU). Electricity. Down 7 cents, or .23 for each cent, to $30.62 on 12.8 million shares.

BCE Inc. (TSX:BCE). Telecommunications. Up nine cents, or .15 for each cent, to $61.42 on 10.2 million shares.

Cenovus Strength Inc. (TSX:CVE). Electricity. Up 48 cents, or 4.2 for each cent, to $11.92 on 10 million shares.

Enbridge Inc. (TSX:ENB). Energy. Up 27 cents, or .57 for each cent, to $48.01 on 8.1 million shares.

Air Canada (TSX:AC). Industrials. Up $1.70, or 6.31 for every cent, to $28.65 on 7.9 million shares.

In company news:

Purchaser personal debt — The debt profile of Canadians has changed all through the pandemic, with mortgages accounting for a greater portion of people’s debt while credit score card financial debt has dropped, according to credit score reporting agency Equifax. The business explained Tuesday consumer personal debt stood at $2.08 trillion for the 1st quarter of 2021, up .62 for every cent from the fourth quarter of 2020 and up 4.78 per cent from a calendar year before. It reported the increase was mostly pushed by mortgages, with the range of new mortgages up 41.2 for every cent from a 12 months ago when the state seasoned the get started of the pandemic. Rebecca Oakes, assistant vice-president of advanced analytics at Equifax, said the fee of new home loans in the latest quarter dropped when compared with the last quarter of 2020. BMO economist Priscilla Thiagamoorthy reported that cooling was also witnessed in Canadian residence gross sales figures, which slowed a bit in May perhaps. She reported there could be more slumps when new home finance loan tension checks begin this thirty day period, because some shoppers will not qualify for substantial mortgages as effortlessly. But Oakes and Thiagamoorthy said the housing market place will only great off when there are both stricter home finance loan regulations and level hikes from the Lender of Canada.

Cape Breton airline — When billionaires in personal jets began touching down in rural Nova Scotia to engage in a round of golf on Cape Breton’s earth-class links, David Morgan noticed an opportunity. The golf fanatics — a mix of Fortune 500 business leaders and pro athletes — were flying into an growing older airport in Port Hastings, N.S., that lacked plane expert services and features. So the pilot introduced Celtic Air Providers at the Allan J. MacEachen Regional Airport in 2017, including helicopter excursions of the rugged shoreline two years later on. Then the COVID-19 pandemic crumpled worldwide tourism, emptying out golfing resorts and airports. But somewhat than stand down, Morgan’s program to start an airline received pace. As commercial air carriers slashed routes throughout Atlantic Canada, he set an present in to obtain a tiny Quebec-centered airline “on a wing and a prayer.” His provide was approved, and AxAir Aviation introduced two months in the past offering air constitution products and services across the Northeastern Seaboard. The startup’s fleet is made up of a one Cessna 421 plane, a twin-motor airplane with a assortment of about 1,600 kilometres that seats five passengers.

This report by The Canadian Press was very first revealed June 8, 2021.