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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Markets closed The Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange and Montreal Exchange will be closed on Monday for Ontario's Family Day holiday.
Federal funding for Black entrepreneurs a 'beacon of hope,' though barriers persist

Federal funding for Black entrepreneurs a 'beacon of hope,' though barriers persist

OTTAWA — When Sean Whyte opened a fashion store in early 2020, he had no idea a global pandemic would force him to throw out his business plan within a couple of months.
Liberals' decision to invoke Emergencies Act justified, but 'regrettable' it happened

Liberals' decision to invoke Emergencies Act justified, but 'regrettable' it happened

OTTAWA — The Liberal government met the "very high threshold" for invoking the Emergencies Act to clear last winter's "Freedom Convoy" protests, which spiralled out of control because of failures in policing and federalism, the Public Order Emergency
CIBC agrees to settle Cerberus lawsuit for US$770 million

CIBC agrees to settle Cerberus lawsuit for US$770 million

TORONTO — CIBC says it has entered into an agreement to settle a lawsuit filed against it by private equity firm Cerberus Capital Management LP.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,515.24, down 91.18): Air Canada (TSX:AC). Industrials. Down $1.95, or 8.42 per cent, to $21.20 on 9.8 million shares.
S&P/TSX composite posts small loss Friday on energy weakness, U.S. markets mixed

S&P/TSX composite posts small loss Friday on energy weakness, U.S. markets mixed

TORONTO — Losses in the energy sector weighed Canada's main stock index down Friday, while U.S. markets were mixed, pulled lower by tech. The S&P/TSX composite index closed down 91.18 points at 20,515.24.
Stocks end mixed; S&P 500 posts 2nd straight weekly loss

Stocks end mixed; S&P 500 posts 2nd straight weekly loss

NEW YORK (AP) — Stocks ended mixed on Wall Street after paring losses from the morning. The S&P 500 still posted its first back-to-back weekly declines since the turn of the year. The index lost 0.3% Friday.
Excess household savings may help economy avoid harsher downturn: BMO

Excess household savings may help economy avoid harsher downturn: BMO

OTTAWA — High household savings in Canada and the U.S. may help both countries avoid a severe downturn as high interest rates ripple through the economy.
Air Canada posts Q4 profit, offering new optimism after tough year for airline

Air Canada posts Q4 profit, offering new optimism after tough year for airline

MONTREAL — Air Canada's comeback from pandemic shutdowns appears to be gaining momentum after the airline posted a profit in its latest quarter, offering hope the industry has turned a corner even as the country's largest airline posted a $1.
Indigo creates temporary website for browsing after cyberattack

Indigo creates temporary website for browsing after cyberattack

TORONTO — Indigo Books & Music Inc. has created a temporary website for its customers to browse for books and gifts after a cyberattack halted the company's online operations last week.