Most actively traded companies on the TSX

Some of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (up 61.88 points to 15,953.51, a record high):Precision Drilling Corp. (TSX:PD). Oil and gas. Up 29 cents, or 9.76 per cent, to $3.26 on 6.4 million shares.Encana Corp. (TSX:ECA). Oil and gas. Up 67 cents, or 4.87 per cent, to $14.43 on 5.8 million shares.Trevali Mining Corp. (TSX:TV). Miner. Down six cents, or 4.23 per cent, to $1.36 on 5.7 million shares.Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down one cent, or 0.36 per cent, to $2.78 on 5.1 million shares.Eldorado Gold Corp. (TSX:ELD). Miner. Down three cents, or 1.79 per cent, to $1.65 on 4.5 million shares.Baytex Energy Corp. (TSX:BTE). Oil and gas. Up 23 cents, or 7.67 per cent, to $3.23 on 4.3 million shares.Companies reporting major news:Brookfield Asset Management Inc. (TSX:BAM.A). Real Estate Services. Up 21 cents, or 0.39 per cent, to $53.61 on 878,463 shares. The Sheraton Centre Hotel in Toronto’s downtown core has been purchased for $335 million by an arm of Brookfield Asset Management, which says it sees potential for more hospitality acquisitions in Canada. The landmark deal is the largest-ever single hotel transaction in Canadian history, says CBRE Canada, which acted as the broker for seller Marriott International.Imperial Oil Ltd. (TSX:IMO). Oil and gas. Up $1.13, or 2.83 per cent, to $41.01 on 1.1 million shares. The energy company reported a smaller third-quarter profit compared with a year ago when it benefited from the sale of its retail sites. It reported earnings of $371 million or 44 cents per diluted share in its third quarter compared with a profit of $1 billion or $1.18 per share in the same quarter last year.Kinder Morgan Canada Ltd. (TSX:KML). Oil and gas. Up 16 cents, or 0.95 per cent, to $16.96 on 61,147 shares. The company wants the National Energy Board to clear the way for work on the Burnaby, B.C., portion of its Trans Mountain pipeline expansion project. A statement released by the company says it wants a determination from the board allowing the work to begin, even though it has failed to obtain municipal permits from the City of Burnaby.Nexa Resources S.A. (TSX:NEXA). Miner. Down $2.76, or 11.04 per cent, to $22.24 on 40,300 shares. The Zinc miner made its listing debut on the Toronto Stock Exchange Friday as part of a dual listing that raised less than initial estimates. The company priced the 31 million listed shares, also listed on the New York Stock Exchange, at US$16 a piece to pull in an expected US$496 million.Saputo Inc. (TSX:SAP). Consumer packaged goods. Up $2.57, or 5.72 per cent, to $47.48 on 1.02 million shares. The Canadian dairy giant announced a $1.29-billion agreement to acquire Australia’s Murray Goulburn Co-Operative Co. The friendly takeover would be Saputo’s biggest Australian acquisition since 2014, when it bought Warrnambool Cheese and Butter Factory after a months-long bidding battle. read more

At UN youth activists press for bold action on climate emergency vow

Finally, a seat at the climate action tableOn Saturday, Ms.Wickramanayake said: “Climate change is the defining issue of our time. Millions of young people all over the world are already being affected by it. If we don’t act now, the impact will be severe.”She praised the cliamte strike movement, saying: “We have seen how you organize your communities … Your peers and even your parents.” And after demanding for years that their voices be heard on climate, she said: “Imagine the power of the movement you have created! The leaders are now asking for a seat at your table!” The Summit, aiming to be different from the usual speaker-by-speaker UN meeting, took the form of a series of lively discussions and Q & A sessions, led by moderators and young people in sneakers rather than UN representatives. Even Secretary-General António Guterres served as “keynote listener” to a panel of young people who were not only at the frontlines of the climate emergency, but also coming up with innovative ways to combat the crisis.  The over 600 attendees included 100 ‘green ticket’ winners, outstanding young climate champions chosen from around the world will receive support to participate, “Yesterday, millions of people across the globe marched and demanded real climate action, especially young people,” said Greta Thunberg, the 16-year-old Swedish climate activist who helped ignite a global movement. “We showed that we are united. And that we young people are unstoppable,” she encouraged fellow participants, ahead of her address to world leaders on Monday at the Secretary-General’s Climate Action Summit.’Enouth is enough: No more fossile fuels!’Giving the front-line perspective, Fijian climate change action advocate Komal Kumar said her homeland was suffering greatly from the impact of a climate crisis it had contributed very little to creating. But people from her generation worldwide were “living in constant fear and climate anxiety … Fearing the future.”“Things are black and white for us: We are not insurance policies, we are human beings, we are communities. Is it too much to ask you to walk the talk, are we really looking forward to false hope?” she asked.“We demand action. Stop wasting time. Stop hindering the work [towards a sustainable future] for short term profits. Engage young people in the design of adaptation plans,” said Ms. Kumar, who warned: “We will hold you accountable. And if you do not remember, we will mobilize to vote you out.”UN Photo/Manuel EliasWanjuhi Njoroge, an activist from Kenya, highlighted progress on restoring the country’s forest cover and said that overall, youth-led climate initiatives “will cause a revolution. [And as such], we must be allowed to influence [climate] decisions. Member States must respect our freedom of expression, including online.”“This is the time for us to work together. I invite all of us to be the hummingbird that puts out the forest fire, as everyone else said it was impossible.”Thanking the UN for “including the voices of our generation in the process of building paths towards a more habitable planet,” young Argentinian climate activist Bruno Rodriguez declared climate change “the political crisis, cultural crisis of our time. Enough is enough. We don’t want fossil fuels anymore.”“The science is clear; our world leaders have an obligation to make radical change,” he stressed, adding that young climate changemakers are building a new “collective consciousness.” Turning to the Secretary-General, Mr. Rodrigues said: “Let’s stop asking world leaders to just listen to science and demand they act on science.”The day’s programme culminated in unveiling the State of Youth Platform and the ActNow platform that encourages people to take action on climate action.  UN Deputy Secretary-General Amina Mohammed took part in a Town Hall with the participants and high-level representatives from Governments and civil society. “Never before in history has the United Nations offered such a prominent and visible platform to young people at a political summit,” said Ms. Mohammed, stressing that: “This is testament to the fact that your generation is leading on climate action and drawing worldwide attention to the climate emergency in a way that was impossible to imagine just a little over a year ago.” My generation has a huge responsibility – UN chief GuterresFor his part, Mr. Guterres, leaving his usual formal tie behind and opting for an open collar, agreed that “one of the problems of world leaders [is that] they talk too much, and they listen too little. And … It is in listening that we learn. It is in giving the possibility for all those that represent today’s world to speak and to have their voices be part of decision-making processes that we can move forward.” While he painted a dire picture of the impacts of the climate emergency ­– from droughts in Africa to bleaching coral reefs and heatwaves elsewhere – the Secretary-General said he saw “a change in momentum” ahead of Monday’s Climate Action Summit, due to movements like those spearheaded by Ms. Thunberg, other grassroots activists and initiatives being undertaken “at the village level.”  “I encourage you to go on … To keep your mobilization, and more and more to hold my generation accountable,” said the UN chief, adding: “My generation has largely failed until now to preserve both justice in the world and to preserve the planet. My generation has a huge responsibility. It is your generation that must make us be accountable to make sure that we don’t betray the future of humankind.” The Climate Action Summit will kick off a series of high-level events at UN Headquarters next week to drive action for people and the planet. These meetings, running alongside the UN General Assembly’s annual general debate, will see world leaders discuss progress on the Sustainable Development Goals (SDGs), universal healthcare for all, and securing a broad-based development partnership for small island developing States. “We have been waiting for you!” Jayathma Wickramanayake, the UN Youth Envoy, said, welcoming the boisterous crowd of young climate leaders, who made it clear from the very start of the day-long event that global political leaders are now on notice: they must make radical changes to shift the world away from fossil fuels and towards clean energy, protect our oceans, and promote sustainable consumption.This first-ever UN Youth Climate Summit follows Friday’s global ‘climate strike’, which saw millions of young people from across the globe walk out of school and jam streets in major cities, from New York to New Delhi and Santiago to San Francisco, waving protest signs with slogans like: “Every disaster movie starts with a scientist being ignored”; and “I’m ditching school because you’re ditching the planet.”  A group of young climate activists took the mic Saturday at the first-ever youth #ClimateSummit. Panelist @GretaThunberg encouraged her fellow change-makers that recent demonstrations are proof that “we are unstoppable.” pic.twitter.com/XbCIVvzLxC— UN News (@UN_News_Centre) September 21, 2019 read more