TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange:

Toronto Stock Exchange (19,699.05 down 138.20 points.)

Enbridge Inc. (TSX:ENB). Energy. Down 48 cents, or 0.86 per cent, to $55.58 on 19.5 million shares.

Manulife Financial Corp. (TSX:MFC). Financials. Down $2.49, or 10.23 per cent, to $21.86 on 18.6 million shares.

Cenovus Energy Inc. (TSX:CVE). Energy. Down 21 cents, or 0.84 per cent, to $24.91 on 8.5 million shares.

Baytex Energy Corp. (TSX:BTE). Energy. Down 26 cents, or 4.21 per cent, to $5.92 on 7.4 million shares.

Crescent Point Energy Corp. (TSX:CPG). Energy. Up 11 cents, or 1.27 per cent, to $8.77 on 7.2 million shares.

Suncor Energy Inc. (TSX:SU). Energy. Down 27 cents, or 0.58 per cent, to $45.98 on 6.5 million shares.

Companies in the news:

Quebecor Inc. (TSX:QBR.B). Down $1.75 or 6.23 per cent to $26.36. Quebecor Inc. is mulling a move into the wireless market outside Quebec, with CEO Pierre Karl Péladeau saying Shaw Communications Inc.'s wireless business offers one potential avenue. In a release Thursday, he said the ground is ripe for growth beyond the telecom's traditional stomping grounds. The Competition Bureau's opposition to Rogers Communication's Inc.'s $26-billion bid to acquire Shaw and remarks from the federal Industry Department, allow Quebecor to look with increasing favour on the expansion of its wireless business, Péladeau stated. He cited the prospect of either acquiring Shaw’s Freedom Mobile if Rogers is compelled to divest it, or launching a telecom offering in provinces where Quebecor has built up the spectrum licences needed to transmit wireless signals.

Crescent Point Energy Corp. — Crescent Point Energy Corp. hiked its quarterly dividend by more than 40 per cent Thursday and said it will soon be in a position to increase shareholder returns even more when it hits its net debt target likely later this year. Sky-high commodity prices against the backdrop of the Ukraine war lifted the Calgary-based oil producer to strong first-quarter earnings for the three months ended March 31. The company reported net income for the quarter of $1.18 billion, or $2.03 per diluted share for the quarter ended March 31, up from a profit of $21.7 million or four cents per diluted share a year ago. Crescent Point also raised its quarterly dividend to 6.5 cents per share, up from 4.5 cents per share.

Canadian Tire Corp. Ltd. (TSX:CTC.A). Up $10.25 or 6.24 per cent to $174.54. One of Canada's biggest retailers is using customer data mined through its loyalty program and credit cards to drive sales and counter the potential demand impact of rising prices. Canadian Tire Corp. Ltd. said Thursday it is focused on attracting and engaging rewards members as a way to gain insight into shopping habits and shape sales through promotions. The company's emphasis on its rewards program underscores the growing value of personal shopping data in the highly competitive retail environment. Canadian Tire retail, for example, has created a new "offer widget" function, which encourages customers to use rewards to earn bonus electronic Canadian Tire money if they purchase a particular product. Canadian Tire raised its dividend by 25 per cent as it reported its first-quarter profit and revenue rose compared with a year ago.

This report by The Canadian Press was first published May 12, 2022.