National Business

OTTAWA — Canada's Federal Court has rejected legal challenges disputing the approval of a so-called "floatel" used to house workers near Squamish, B.C., as they build a liquefied natural gas facility at an abandoned pulp mill.

TORONTO — Work on climate change has largely focused on preventing it from getting worse, but as a new RBC report points out, businesses are also starting to think more about potential spending on adaptation and preparation as the costs of disasters

The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world's most important oil chokepoint due to the large volumes of crude that pass through it every day. The U.S.

TORONTO — Toy company Spin Master Corp. has named Christina Miller as the company's new chief executive, effective July 7.

MONTREAL — Police are spending a third day searching for four people who went missing after a medical transport helicopter crashed on Quebec's North Shore. The Airmedic helicopter crashed into a lake late Friday near Natashquan, Que.

NEW YORK (AP) — Sales of previously occupied U.S. homes edged higher in May, as stubbornly high mortgage rates and rising prices made homebuying less affordable even as the inventory of properties on the market continued to increase.

TORONTO — Ontario Premier Doug Ford's government is proposing to weaken an impending slate of new recycling rules because producers of the materials said the system is getting too expensive.

The Competition Bureau has tried to address at least the uncertainty of the law by providing guidelines, with a finalized version out just over two weeks ago.

Financial data shows the consensus among economists is that inflation ticked up to 1.8 per cent year-over-year last month.

The court-appointed receiver of a Yukon gold mine that suffered a catastrophic heap-leach facility failure last year said it plans to sell the mine and will be seeking approval within the week to start the process.