National Business

TORONTO — A proposed road to the mineral-rich Ring of Fire in northern Ontario will bring economic prosperity to Webequie First Nation, though it may endanger caribou in the region, a newly released assessment finds.

NEW YORK (AP) — Calm returned to Wall Street, and U.S. stocks rallied, while oil prices gave back some of their initial spurts following Israel’s attack on Iranian nuclear and military targets at the end of last week. The S&P 500 climbed 0.

OTTAWA — House of Commons committees are taking shape for this session of Parliament with a top spot for Liberal Karina Gould and no representation at all for New Democrats.

ST. MARY'S — A coastal Newfoundland town besieged for decades by the fetid stench wafting from an abandoned fish-sauce factory has finally received good news. Steve Ryan, the mayor of St. Mary's, N.L.

TORONTO — Rifling through the Roots Corp. product archives on a recent Thursday morning, CEO Meghan Roach is surrounded by the kind of heritage “most consumer brands would die to have.

BAMAKO, Mali (AP) — A judge in Mali on Monday ordered Barrick Gold to be placed under provisional administration for six months in an ongoing dispute between the Canadian mining company and the West African nation's military government over unpaid ta

CALGARY — Two proxy advisory services are recommending shareholders vote in favour of Parkland Corp.'s planned takeover by U.S. company Sunoco LP. Institutional Shareholder Services Inc. and Glass, Lewis & Co.

TORONTO — Hudbay Minerals says it has restarted its Snow Lake operations in northwestern Manitoba after authorities lifted wildfire evacuation orders for the area.

Home sales in May fell 4.3 per cent compared with a year ago, however the Canadian Real Estate Association said Monday that activity picked up when compared to the previous month.

CALGARY — MEG Energy Corp.'s board of directors is urging shareholders to reject an unsolicited takeover offer by oilsands peer Strathcona Resources Ltd., calling it opportunistic and not in the best interests of the company or its investors.