Winnipeg Free Press By: The Canadian Press
TORONTO - Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,310.74, up 122.71 points.)
Enbridge Inc. (TSX:ENB). Energy. Up $1.02, or 2.13 per cent, to $49.00 on 23.8 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up 98 cents, or 3.64 per cent, to $27.92 on 14 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Up 40 cents, or 1.49 per cent, to $27.19 on 9.9 million shares.
Athabasca Oil Corp. (TSX:ATH). Energy. Up two cents, or 2.74 per cent, to 75 cents on 9.1 million shares.
Zenabis Global Inc. (TSX:ZENA). Health care. Up 1.5 cents, or 12.5 per cent, to 13.5 cents on nine million shares.
Market movers: Stocks seeing action on Wednesday - and why theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
Chorus Aviation signs three-year air cargo contract with Purolator
by The Canadian Press
Last Updated May 5, 2021 at 7:50 am EDT
HALIFAX Chorus Aviation Inc. has signed a three-year contract with Purolator Inc. for air cargo charter services.
The agreement follows the completion of an initial six-month trial.
Purolator says the deal complements its existing network and will mean more service options for cross-border shipments.
Chorus is best known for its Jazz Aviation subsidiary which provides regional air service for Air Canada, but chief executive Joe Randell says air cargo is a growing area of focus.
Under the agreement, Chorus subsidiary Voyageur Aviation Corp. will replace two Dash 8-100 Simplified Package Freighters used for the trial service with two Dash 8-100 Package Freighters.
Purolator adds turboprop freighters to cross-border air network
Canadian express company outsources flying to Chorus Aviation as part of expansion effort
0 70 2 minutes read The De Havilland Dash 8-400 is a larger, newer version of the aircraft being used by Purolator for package delivery. (Photo: De Havilland Aircraft of Canada)
A subsidiary of Chorus Aviation (TSX: CHR) last month began flying packages for Purolator Inc., Canada’s largest courier, with turboprop aircraft under a three-year contract to serve the U.S. cross-border market, the companies announced Wednesday. The expanded air capacity is designed to increase service options for express shipments and is part of a broader effort to invest in infrastructure for the delivery network.
Winnipeg Free Press By: The Canadian Press
Last Modified: 7:12 AM CDT Wednesday, May. 5, 2021
HALIFAX - Chorus Aviation Inc. has signed a three-year contract with Purolator Inc. for air cargo charter services.
The main Purolator sort plant is seen in Calgary, Alta., Saturday, May 9, 2020. THE CANADIAN PRESS/Jeff McIntosh
HALIFAX - Chorus Aviation Inc. has signed a three-year contract with Purolator Inc. for air cargo charter services.
The agreement follows the completion of an initial six-month trial.
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