Troop turfed as TO2015 top

Ian Troop, CEO of the 2015 Pan Am games has been fired. The Toronto Star is reporting that Troop was dismissed over leadership issues. He’s also been under fire recently over his expenses and salary. The Liberal government has received backlash for a $7 million dollar bonus package for Pan Am executives, including Troop.He was paid a base salary of $390,000 last year, plus an $87,000 bonus. If the games came in on time and on budget, Troop would have been eligible for a $780,000 bonus.Former Ontario deputy health minister Saad Rafi has been appointed the new CEO and will take over for Troop in January.David Peterson, chair of the 2015 games has released a statement saying “I’d like to extend our sincere gratitude to Ian for all of his hard work, his commitment and his contributions.”Photo: Laurier Alumni website

Most actively traded companies on the TSX TSX Venture Exchange markets

TORONTO – Some of the most active companies traded Thursday on the Toronto Stock Exchange and the TSX Venture Exchange:Toronto Stock Exchange (11,736.17, up 61.16 points):Bombardier Inc. (TSX:BBD.B). Transportation equipment. Up 27 cents, or 7.32 per cent, at $3.96 on 29,041,280 shares. Bombardier tried to reassure investors Thursday at their annual meeting that investments in a series of new planes and trains will eventually improve the manufacturer’s lagging share price.Osisko Mining Corp. (TSX:OSK). Miner. Up 11 cents, or 1.31 per cent, at $8.50 on 7,348,076 shares. Osisko says it will have to shut down its Canadian Malartic mill for as long as three weeks after a fire broke out late Wednesday night.Manulife Financial Corp. (TSX:MFC). Insurer. Up one cent, or 0.08 per cent, at $12.20 on 6,465,265 shares.Viterra Inc. (TSX:VT). Grain-handler. Down one cent, or 0.06 per cent, at $15.97 on 4,760,100 shares.Kinross Gold Corp. (TSX:K). Miner. Up 23 cents, or three per cent, at $7.90 on 4,435,983 shares.Suncor Energy Inc. (TSX:SU). Oil and gas. Up 23 cents, or 0.79 per cent, at $29.30 on 4,180,172 shares.TSX Venture Exchange (1,355.31, up 9.62 points):Africa Oil Corp. (TSXV:AOI). Oil and gas. Up 42 cents, or 5.41 per cent, at $8.18 on 5,269,223 shares.New Guinea Gold Corp. (TSXV:NGG). Miner. Unchanged at one cent on 2,381,447 shares.Companies reporting major news:Magna International Inc. (TSX:MG). Auto manufacturing. Up 96 cents, or 2.25 per cent, at $43.64 on 1,438,304 shares. Magna is so optimistic about an improving trend in the global auto industry that it has boosted its 2012 outlook to project a record year of sales for its auto parts business. Canada’s largest auto parts maker, which keeps its books in U.S. dollars, said Thursday that it now expects to book between US$29 billion and $30.5 billion in sales this year. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Most actively traded companies on the TSX, TSX Venture Exchange markets by News Staff Posted May 10, 2012 6:31 pm MDT read more