The federal government announced Monday that a U.S.-owned multinational corporation will be the construction manager on Yellowknife's Giant Mine cleanup project. Starting immediately, Parsons Inc. will provide construction management services for up to $32 million worth of care and maintenance at the site for the next two years. Parsons has offices across Canada, and as the main construction manager, it will take an undisclosed percentage of that cost in management fees. According to a government press release the remediation project will provide "valuable economic and employment opportunities for Indigenous peoples and Northerners." The Giant Mine gold mine operated from 1948 to 1999 when Royal Oak Mines, then owner of the mine, went bankrupt.

Source: CBC News February 20, 2018 14:44 UTC