Winnipeg Free Press Newspaper Archives Apr 24 2015, Page 31

Winnipeg Free Press (Newspaper) - April 24, 2015, Winnipeg, Manitoba C M Y K PAGE B7 S & P / T S X TSX VENTURE D O W J O N E S N A S D A Q C A N A D I A N S T O C K S FPMARKETS ENERGY BUOYS TSX 15,392.35 + 87.58 + 0.57% 699.48 + 1.93 + 0.28% 18,058.69 + 20.42 + 0.11% 5,056.06 + 20.89 + 0.41% B Y A L E X A N D R A P O S A D Z K I T O R O N T O • Energy and mining stocks led a solid advance on the Toronto stock market on Thursday, while the Nasdaq finished the day at a record high. The S& P/ TSX composite index closed up 87.58 points at 15,392.35 after dropping 41.67 points Wednesday. Meanwhile, the Canadian dollar gained 0.55 of a U. S. cent to 82.33 cents. The metals and mining sector was the biggest gainer on the TSX, up 2.84 per cent, while the energy sector gained 0.9 per cent. On the commodity markets, gold rose $ 7.50 to US$ 1,194.40 an ounce after plunging more than $ 16 on Wednesday. Meanwhile, oil rose $ 1.58 to $ 57.74 a barrel and May copper advanced 2.9 cents to US$ 2.69 a pound. In New York, the tech- heavy Nasdaq rose 20.89 points to 5,056.06, beating its previous record high close of 5,048.61 set during the dot- com boom in March 2000. T he Dow gained 20.42 points to 18,058.69 and the S& P 500 advanced 4.97 points to 2,112.93. In economic news, April manufacturing data from Europe, China and Japan were weaker than expected. Manufacturing in China fell to its lowest point in a year, an indication growth is down in the world’s second- largest economy. The Canadian Press with files from The Associated Press FP CAREERS Every Wednesday & Saturday Reach quality candidates by showcasing your organization’s employment opportunities. Place your ad today: 1- 866- 588- 7678 | careers@ nationalpost. com For Career Advice For Job Search / jobs C O M M O D I T I E S C R U D E O I L US$ 57.74 US$ 1.58 N Y M E X G A S US$ 2.53 - US8¢ G O L D US$ 1,194.40 US$ 7.50 S I L V E R US$ 15.84 US4¢ Name CHANGE LAST VOLUME AG Growth Intl Inc 0.02 52.24 8,964 All In West! Capital Corp nil 0.01 0 Arctic Glacier Income Fund nil 0.06 4,000 Artis Real Estate Invmt Tr - 0.05 14.95 620,316 Bird River Resources Inc nil 0.07 0 Boyd Group Inc ( the) - 0.41 52.44 15,602 Buhler Industries Inc nil 5.15 0 Canickel Mining Limited nil 0.14 5,700 Copper Reef Mining Corp nil 0.04 21,000 Craig Wireless Systems Ltd nil 0.05 75,000 Diamedica Inc nil 0.12 5,000 Empire Industries Inc nil 0.13 99,500 Exchange Income Corporation 0.28 22.27 29,547 FP Newspapers Inc 0.05 2.24 6,427 Gendis Inc nil 3.61 1,500 Gossan Resources Limited nil 0.03 0 Great West Lifeco Inc nil 37.02 251,679 Hudbay Minerals Inc 0.62 10.81 977,312 IGM Financial Inc 0.61 45.01 313,156 Imris Inc - 0.12 0.78 126,125 Kane Biotech Inc nil 0.05 0 King’s Bay Gold Corp nil 0.01 0 Lakeview Hotel Investment Corpnil 0.39 0 Lanesborough Real Estate Inv - 0.01 0.53 6,300 Legumex Walker Inc - 0.10 3.95 12,500 Mainstream Minerals Corp nil 0.01 0 Manitoba Telecom Services 0.33 26.14 147,337 Medicure Inc - 0.12 2.26 79,884 Miraculins Inc - 0.01 0.12 749,800 New Flyer Industries Inc 0.21 14.35 73,579 Nordic Oil & Gas Ltd nil 0.01 0 North West Co Inc 0.22 25.29 97,447 Novra Technologies Inc nil 0.06 0 People Corporation - 0.07 3.45 23,975 Pollard Banknote Ltd - 0.03 7.58 8,625 Ridley Inc 6.51 40.45 49,577 San Gold Corp nil 0.01 911,500 Sgx Resources Inc - 0.01 0.01 949,000 Temple Hotels Inc 0.01 2.17 59,351 Victory Nickel Inc 0.01 0.08 300,600 Wildcat Exploration Ltd nil 0.04 0 Winpak Ltd - 0.42 40.03 62,294 Issuer Change Close Vol Issuer Change Close Vol ARC Resources 25.01 + 0.30 713 4.8 20.8 33.68 20.75 - 23.9 Agnico Eagle 37.11 + 1.53 1112 1.0 71.1 45.92 25.05 + 18.0 Agrium 128.86 + 1.03 209 2.9 19.3 146.51 92.81 + 24.1 Aliment B SV 48.24 - 0.06 410 0.4 23.6 51.83 28.50 + 57.0 BCE 54.64 + 0.21 883 4.8 18.3 60.20 46.43 + 12.6 Bank of Mtl 79.91 + 0.24 1316 4.0 12.6 85.71 72.87 + 5.0 Bank of NS 66.84 + 0.28 1456 4.1 11.7 74.93 60.75 + 2.2 Barrick Gold 15.34 + 0.21 1227 1.6 n. a. 21.14 11.67 - 21.7 Baytex Energy 23.59 + 0.38 955 5.1 n. a. 49.88 14.56 - 49.4 BlackBerry 12.50 + 0.37 2763 n. a. n. a. 15.10 7.78 + 53.9 BrkfldAsst LV 67.48 - 0.47 871 1.2 11.6 72.96 45.08 + 48.0 Brookfield Pp 29.31 - 0.31 368 4.4 4.3 33.12 20.95 + 35.4 CCL Inds B NV 142.81 - 1.79 124 1.1 22.6 155.93 96.65 + 42.1 CGI Group SV 55.85 - 0.11 380 n. a. 19.1 57.69 35.42 + 51.2 CI Financial 35.06 + 0.09 500 3.6 19.0 37.00 30.56 - 1.2 Cameco 21.01 + 0.36 1518 1.9 n. a. 25.22 16.73 - 17.0 CIBC 97.04 + 1.04 1230 4.4 13.3 107.37 88.04 + 1.5 Cdn Natl Rail 80.74 - 0.13 901 1.5 20.3 88.89 63.03 + 27.4 Cdn Natrl Res 40.88 + 0.41 1480 2.3 11.4 49.57 31.00 - 9.0 Cdn Oil Sands 12.93 + 0.34 2388 1.5 13.6 24.68 6.01 - 46.8 Cdn Pac Rail 239.91 + 0.32 254 0.6 26.6 247.56 164.00 + 40.7 Cdn Tire A NV 130.32 - 0.24 180 1.6 17.4 137.48 100.01 + 22.3 Cdn Wstrn Bnk 30.59 + 0.41 403 2.7 11.1 43.30 25.27 - 18.0 Canfor 23.34 - 0.01 451 n. a. 18.2 31.93 21.75 - 5.2 Catamaran 72.30 - 0.45 330 n. a. 38.9 76.21 40.52 + 68.5 Celestica SV 14.80 + 0.13 877 n. a. 23.9 15.34 10.42 + 20.8 Cenovus Enrg 23.44 + 0.53 2547 4.5 23.9 34.79 18.72 - 28.2 ConcordiaHlth 92.09 - 1.93 164 0.4 n. a. 104.74 23.73+ 292.0 ConstlltnSftw 494.54 + 0.55 23 1.0 83.6 503.43 230.08 + 84.8 CrescentPoint 32.29 + 0.45 1009 8.5 26.5 48.68 21.20 - 27.3 DIRTT Envrnmt 8.33 - 0.04 1615 n. a. n. a. 8.68 2.75+ 133.3 Detour Gold 11.64 + 0.73 1549 n. a. n. a. 15.62 6.02 + 5.9 Dollarama 69.30 - 0.14 205 0.5 31.2 74.48 43.69 + 52.8 Dream REIT 28.06 - 0.07 1414 8.6 n. a. 29.78 23.80 - 4.4 Eldorado Gold 5.93 + 0.08 2538 0.3 34.9 9.68 5.45 - 9.9 Element Finl 17.59 + 0.41 1063 n. a. n. a. 18.01 11.50 + 27.1 Enbridge 65.26 + 0.01 1176 2.9 48.7 66.14 47.43 + 25.8 EnCana 17.05 + 0.07 4348 2.0 3.1 26.85 13.31 - 33.2 Enerplus 15.50 + 0.38 808 3.9 10.6 27.05 9.02 - 36.2 FairfaxFin SV 662.00+ 13.00 19 1.8 7.3 739.00 470.00 + 41.2 Finning Intl 23.62 + 0.29 498 3.0 12.8 34.34 20.52 - 17.5 First Quantum 16.55 + 0.50 1652 0.6 9.7 27.29 9.89 - 20.8 Franco- Nevada 61.03 + 0.67 422 1.6 70.8 74.10 49.28 + 16.6 Gildan Actvwr 38.64 - 0.36 373 0.8 n. a. 40.25 27.265 + 38.6 Goldcorp 23.71 + 0.64 1637 3.1 n. a. 32.32 19.18 - 13.1 HudBay Mnrls 10.81 + 0.62 977 0.2 31.8 11.85 7.50 + 19.2 Husky Energy 27.86 + 0.46 1091 4.3 22.1 37.28 21.39 - 23.3 IGM Financial 45.01 + 0.61 313 5.0 15.1 55.49 42.11 - 15.5 Imperial Oil 55.14 + 0.46 397 0.9 12.3 57.96 44.08 + 4.8 Intact Finl 93.29 - 0.08 237 2.3 16.1 95.77 69.58 + 34.1 Inter Ppln 31.92 + 0.33 586 4.6 30.4 38.95 27.13 + 9.7 Labrador Iron 13.67 + 0.59 772 7.3 8.4 31.80 10.81 - 56.0 Legacy O+ G 2.62 + 0.14 5218 n. a. n. a. 10.03 1.17 - 70.2 Linamar 74.81 - 0.40 157 0.5 15.1 79.80 48.13 + 36.8 Loblaw Cos 62.91 - 0.50 474 1.6 n. a. 66.88 45.58 + 36.1 Lundin Mining 5.25 + 0.24 2821 n. a. 22.7 6.57 3.68 - 3.5 METRO 35.42 + 0.49 881 1.3 19.1 37.10 21.333 + 61.9 Magna Intl 64.51 - 0.51 836 1.7 12.1 69.71 46.445 + 18.6 Manulife Finl 22.24 + 0.16 2673 2.8 12.2 23.09 18.91 + 8.0 Methanex 68.17 + 0.86 237 1.8 11.7 77.82 48.97 + 3.1 Mullen Group 21.09 - 0.47 630 5.7 20.3 31.34 18.11 - 28.4 National Bank 48.71 + 0.10 549 4.1 11.1 55.50 44.15 + 7.5 Nobilis Healt 8.75 - 0.58 1763 n. a. 51.5 11.00 0.97+ 695.5 Open Text 69.70 - 0.25 326 1.2 25.5 76.71 49.91 + 37.2 Pac Rubiales 3.68 + 0.17 5177 21.8 n. a. 23.86 2.54 - 81.8 Paramount Res 36.75 + 0.43 283 n. a. n. a. 66.37 21.72 - 35.9 Pembina Ppln 43.07 + 0.81 626 4.0 40.3 53.04 36.16 + 1.8 Potash Corp 41.00 + 1.27 879 4.5 18.4 47.10 35.245 + 6.9 Power Corp SV 33.43 + 0.10 417 3.5 12.1 34.79 27.60 + 9.9 Precisn Drill 8.42 + 0.11 1736 3.3 76.5 15.65 5.70 - 41.0 Raging Riv Ex 9.25 - 0.08 1495 n. a. 14.9 11.25 5.58 - 3.9 Rstrnt Brand 50.11 + 1.98 330 0.2 n. a. 57.11 34.02 n. a. RioCan REIT 29.55 - 0.03 382 4.8 14.0 30.08 25.11 + 8.8 RogerCom B NV 43.30 + 0.31 937 4.4 17.3 47.50 40.72 + 1.0 Royal Bank 80.45 + 0.46 1891 3.8 12.8 83.87 71.74 + 11.5 Russel Metals 26.75 + 0.41 580 5.7 13.3 37.63 22.39 - 14.5 SEMAFO 3.64 - 0.01 3484 n. a. 49.9 5.48 2.39 - 11.4 SNC- Lavalin 42.98 + 0.65 290 2.3 4.9 59.63 36.24 - 9.8 Saputo 35.82 + 0.30 336 1.5 24.6 37.58 27.76 + 27.9 Seven Generat 20.54 + 0.88 1174 n. a. 28.1 24.70 14.25 n. a. Shaw Com B NV 27.49 + 0.15 1040 4.3 16.5 31.93 26.13 + 4.3 Silver Wheatn 23.48 + 0.19 1249 1.0 34.5 29.98 18.92 - 4.6 Sun Life Finl 39.32 + 0.21 1127 3.7 13.7 43.44 35.73 + 6.3 Suncor Energy 40.09 - 0.05 1970 2.8 21.8 47.18 30.89 - 3.1 TELUS 42.77 + 0.11 1132 3.7 18.5 45.14 37.13 + 12.1 Tahoe Res 14.34 + 0.17 759 2.0 19.0 30.15 13.19 - 41.8 Teck Res B SV 16.41 + 0.67 2495 1.8 26.0 26.98 12.46 - 33.5 ThomsonReuter 50.42 - 0.13 441 3.2 17.6 53.00 37.24 + 33.0 Toromont Inds 32.55 - 0.33 313 2.1 18.8 34.17 24.83 + 24.8 TD Bank 56.04 + 0.15 2026 3.6 13.4 58.20 49.67 + 8.5 TransAlta 12.24 - 0.08 1021 5.9 23.5 13.57 9.63 - 4.4 TransCanada 57.15 + 0.07 746 3.6 23.2 63.86 49.30 + 14.7 TransForce 27.42 - 0.83 1017 2.5 21.3 31.60 22.80 + 11.2 TurquoiseHill 4.69 - 0.07 2958 n. a. 55.2 5.10 3.17 + 11.7 Valeant Pharm 254.22 + 1.08 304 n. a. 76.9 266.60 116.01 + 75.0 Veresen 18.86 + 0.09 1054 5.3 67.4 19.80 13.52 + 13.7 West Fraser 60.58 + 0.54 185 0.5 19.8 78.55 46.15 + 28.3 WestJet Airl 27.24 - 0.11 382 2.1 12.3 34.95 23.31 + 9.1 Whitecap Res 15.13 + 0.07 1112 5.0 7.8 18.70 9.75 + 6.6 Yamana Gold 4.78 + 0.08 2558 1.5 n. a. 9.90 3.93 - 44.5 T H E T S X T O P 1 0 0 Net Vol % 52 wk 52 wk 52 wk Stock Close ch 000s yield P/ E high low % ch Net Vol % 52 wk 52 wk 52 wk Stock Close ch 000s yield P/ E high low % ch C U R R E N C I E S Currency In $ Cdn Argentina peso 0.0927 Australia dollar 0.9450 Chinese yuan 0.1959 Denmark krone 0.1762 Dominican peso 0.0271 Euro 1.3146 Hong Kong dollar0.1567 India rupee 0.0192 Japan yen 0.0102 S. Korea won 0.0011 Mexico peso 0.0792 Pakistan rupee 0.0119 Russia rouble 0.0239 Sri Lanka rupee 0.0091 Sweden krona 0.1406 Switzerland franc1.2724 Taiwan dollar 0.0391 U. A. E. dirham 0.3306 U. K. pound 1.8280 U. S. dollar 1.2141 C A N A D I A N D O L L A R US82.33¢ US0.55¢ Currency In $ Cdn Currency In $ Cdn Currency In $ Cdn M A N I T O B A S T O C K S These companies all have headquarters or major operations in Manitoba. Closing values are as of the end of trading yesterday. Provided by Laurentian Bank Securities FUTURES TRADING CANOLA May ’ 15445.20 449.30 444.50 445.30 445.10 July 450.60 456.00 450.60 451.40 451.50 Nov. 446.30 450.90 445.50 446.00 446.00 Jan. ’ 16446.90 451.80 446.60 447.10 447.20 March 447.50 449.90 447.50 447.30 447.50 May 0.00 0.00 0.00 448.00 448.20 July 0.00 0.00 0.00 448.50 448.70 Nov. 0.00 0.00 0.00 443.10 443.30 Jan. ’ 17 0.00 0.00 0.00 443.10 443.30 March 0.00 0.00 0.00 443.10 443.30 May 0.00 0.00 0.00 443.10 443.30 BARLEY ( WESTERN) May ’ 15 0.00 0.00 0.00 207.00 207.00 July 0.00 0.00 0.00 207.00 207.00 Oct 0.00 0.00 0.00 192.00 192.00 Dec 0.00 0.00 0.00 192.00 192.00 Mar.’ 16 0.00 0.00 0.00 192.00 192.00 May 0.00 0.00 0.00 192.00 192.00 July 0.00 0.00 0.00 192.00 192.00 Oct 0.00 0.00 0.00 192.00 192.00 Dec 0.00 0.00 0.00 192.00 192.00 Mar.’ 17 0.00 0.00 0.00 192.00 192.00 May 0.00 0.00 0.00 192.00 192.00 WINNIPEG ( CP) — Grain quotes yesterday. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. T H E M A R K E T S O N 0 4 . 2 3 . 1 5 SAVERS & INVESTORS REACH WE MORE 74% THE FREE PRESS IN PRINT OR ONLINE EACH WEEK READ T ORONTO — Ontario’s path back into the black won’t include slashing and burning as the Liberal government believes it can eliminate its $ 10.9- billion deficit with a scalpel rather than a hatchet — a penny a beer bottle the only new tax to be introduced. The $ 131.9- billion budget introduced Thursday by Finance Minister Charles Sousa pledges to balance the books through a combination of targeted savings and a dependence on steady economic growth. It contains no major spending cuts and no new personal or corporate tax increases, which is what many experts had predicted. Ontario’s economy is expected to grow by 2.7 per cent this year, boosted by the low Canadian dollar, the recovering U. S. economy and lower oil prices, Sousa said. But he insisted the deficit elimination is not relying too heavily on external factors. “ It’s about controlling our spending and being very pragmatic in the things we do,” he said. “ We did not control spending by slashing and burning, as some would do. We did it by closely examining programs.” But the government notes unexpected changes in global economic conditions could lead to changes in its overall fiscal forecast. The deficit will drop to $ 8.5 billion in 2015- 16 and $ 4.8 billion in 2016- 17 before returning to balance the following year, the budget forecasts. Analysts and credit rating agencies have long been skeptical that the Liberal government can balance the books by its self- imposed deadline of 2017- 18. “ I guess it’s possible,” said Matthew Stewart, associate director of economics with the Conference Board of Canada. “ It’s pretty difficult with the plan they have. Every year it gets more and more difficult.” The Ontario Chamber of Commerce was also skeptical, writing in a news release the budget appears to “ push much of the heavy lifting down the road.” Mike Moffatt, an economics professor at Ivey Business School, said many were expecting more aggressive cuts or tax increases, but this slow and steady approach of deficit elimination is “ going to be difficult, but potentially manageable.” “ There’s only so much that any government can control, so you’re always dependent on outside factors... but I think overall the Ontario government has gone out of their way to make very conservative projections, so if they’re likely to be wrong, they’re likely to be underestimating the economic situation,” he said. “ I think on their economic projections, they’ve set themselves up to under- promise and over- deliver, so I think politically that makes a great deal of sense.” Spending in major sectors such as health, education, children’s and social services and justice is projected to see minor increases, and cuts of 5.5 per cent in other sectors leave average program- spending growth more or less stagnant until 2017- 18. The province’s official Opposition does not believe the government will balance the books by 2017- 18, nor that the nominal increase in health- care spending won’t lead to job losses across the sector. “ The amount spent on the interest on the debt is the highest growth rate of any other spending sector, including health and education,” interim PC Leader Jim Wilson said. The budget savings mostly come from a series of relatively minor measures, such as $ 100 million in cuts to business tax credits and $ 500 million in “ program review savings,” including changes to the Ontario Drug Benefit Program and consolidating schools. NDP Leader Andrea Horwath said the budget does nothing to deal with the “ increasing unaffordability” of everyday life. “ Today we have a document full of cuts to services that Ontarians rely on, full of added burdens to household budgets and more handouts to those who need them the least,” she said. “ It leaves middle- class and struggling Ontarians further behind.” With major initiatives such as $ 130 billion over 10 years in infrastructure spending, changes to beer distribution and the sale of a majority stake in Hydro One previously announced, Thursday’s budget contained few goodies. Ontario is grappling with its debt, projected to be $ 298.9 billion in 2015- 16. Debt interest payments of $ 11.4 billion account for nearly nine per cent of the budget, lower than the government projected in the previous budget due to lower interest. — The Canadian Press Ontario avoids slash- and- burn budget Will tackle $ 10.9- B deficit with controlled spending By Allison Jones ‘ I think on their economic projections, they’ve set themselves up to under- promise and over- deliver, so I think politically that makes a great deal of sense’ — Mike Moffatt, economics professor at Ivey Business School NATHAN DENETTE / THE CANADIAN PRESS Ontario Finance Minister Charles Sousa delivers the provincial budget as Premier Kathleen Wynne looks on at Queen’s Park in Toronto on Thursday. B_ 07_ Apr- 24- 15_ FP_ 01. indd B7 4/ 23/ 15 9: 15: 20 PM