National Business

TORONTO — Five things to watch for in the Canadian business world in the coming week: Banking conference RBC Capital Markets holds its Canadian bank CEO conference on Tuesday.

CALGARY — No community anywhere would willingly choose to have a nearly 30 per cent office vacancy rate in its downtown core.

PORTLAND, Ore. — Federal officials on Saturday ordered the immediate grounding of Boeing 737-9 Max jetliners after an Alaska Airlines plane suffered a blowout that left a gaping hole in the side of the fuselage.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,937.55, up 66.20 points): Toronto-Dominion Bank. (TSX:TD). Finance. Up 44 cents, or 0.51 per cent, to $86.08 on 15.2 million shares.

MONTREAL — Canadian shippers and consumers could soon be feeling the ripple effect of attacks on cargo vessels in the Red Sea, as freight rates rise and delivery times lengthen.

MONTREAL — Investment manager Jarislowsky Fraser says it will support a move by U.S. investment firm Browning West to replace five directors at Gildan Activewear Inc. in an ongoing fight over who should lead the company.

TORONTO — Canada's main stock index posted a small gain Friday, closing out the first trading week of 2024, while U.S. markets also ended the day marginally higher. The first week of 2024 broke Wall St.’s nine-week winning streak.

REGINA — A looming strike action for Saskatchewan workers at Viterra has been suspended after the grain marketing giant gave the union a revised offer.

NEW YORK (AP) — Wall Street drifted to a higher close but still marked its first losing week in the last 10.

Insolvencies in November were 5.1 per cent higher than in October, and 24.4 per cent higher than a year earlier.