* The most heavily traded shares by volume were Baytex Energy Co BTE.TO, Northern Dynasty Minerals Ltd NDM.TO and Northcliff Resources Ltd NCF.TO. * Data showed factory deflation in the world's second largest economy eased in July, driven by a rise in global oil prices and as industrial activity climbed back towards pre-coronavirus levels. * The largest percentage gainer on the TSX was Canopy Growth Co WEED.TO, which jumped 10.9%, after the company posted a smaller quarterly loss.