Toronto Stock Exchange :
Canopy Growth Corp. . Healthcare. Up 17 cents, or 28.33 per cent, to 77 cents on 31.1 million shares.Manulife Financial Corp. . Finance. Up two cents, or 0.08 per cent, to $24.98 on 8.3 million shares. Canadian Imperial Bank of Commerce. . Finance. Down $1.78, or 3.22 per cent, to $53.54 on 8.1 million shares.Canadian Natural Resources Ltd. . Energy. Up 44 cents, or 0.51 per cent, to $87.42 on 6.5 million shares.Canopy Growth Corp. . Healthcare. Up 17 cents, or 28.33 per cent, to 77 cents; Tilray Brands Inc. . Healthcare. Up 39 cents, or 10.86 per cent, to $3.98; Aurora Cannabis Inc. . Healthcare. Up three cents, or 4.69 per cent, to 67 cents.
Canadian Imperial Bank of Commerce. . Finance. Down $1.78, or 3.22 per cent, to $53.54. A more pessimistic outlook on interest rates and the economy led CIBC to boost how much it set aside for bad loans in its latest quarter, a move echoed by other banks as they prepare for slower growth ahead. CIBC, the last of the big Canadian banks to report its third-quarter results, more than tripled its provisions for credit losses from last year to $736 million in the quarter.
Laurentian Bank of Canada. . Finance. Down $1.37, or 3.59 per cent, to $36.75. Laurentian Bank of Canada reported a dip in third-quarter profits as it continues to work through a strategic review. The review, which was announced in July and will explore a range of options including a potential sale, comes as the bank reported a third-quarter profit of $49.3 million, down from $55.9 million in the same quarter last year.
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