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Brookfield Properties and Telus Leading TSX Stocks to New Highs

Brookfield Properties (T.BPO) touched $17.09 to establish a new 52-week high. The Company announced today that they have entered into a definitive agreement to combine Brookfield Homes and the North American residential land and housing division of Brookfield Office Properties into Brookfield Residential Properties Inc.

TELUS Corp. (T.T) made a new high of $46.63. The Company announced a multi-year strategic agreement for Sierra Wireless to provide M2M Services Management for TELUS.

Valener Inc. (T.VNR) shares hit a fresh 52-week high of $17.90. No major news this morning.

MEG Energy Corp. (T.MEG) climbed to a new 52-week high of $35.95. No major news this morning.

Algoma Central (T.ALC) made a new high of $93.00. No major news this morning.

Enbridge Inc. (T.ENB) made a new high of $54.60. The Company said on Tuesday it is plotting a new pipeline to help drain off crude from the massive Cushing, Oklahoma, storage hub, where brimming tanks have pressured North American oil prices.

Maple Leaf Foods (T.MFI) made a new high of $8.30. No major news this morning.

FirstService Corp. (T.FSV) made a new high of $25.45. No major news this morning.

Energold Drilling (V.EGD) made a new high of $.29. No major news this morning.