National Business

Paper Excellence is expanding into the U.S. with a deal to buy Domtar Corp. in an agreement with an enterprise value of about US$3 billion. The Richmond, B.C.

TORONTO — North American stock markets rallied to pare morning losses prompted by worries about rising inflation. The S&P/TSX composite index closed down 87.84 points to 19,274.04 after dropping by as much as 272 points earlier Tuesday.

TORONTO — Royal Bank of Canada and Tangerine ranked highest among Canadian banks this year as overall customer satisfaction among major financial institutions dropped during the pandemic, a prominent market research company reported Tuesday. J.D.

FREDERICTON — New Brunswick's finance minister is returning $28 million to New Brunswickers through a personal income tax cut.

OAKLAND, Calif. (AP) — Major League Baseball has instructed the Athletics to explore relocation options as the team tries to secure the new ballpark it hopes for to stay in Oakland.

CALGARY — Oilsands producer Suncor Energy Inc. is partnering with utility Atco Ltd. on a "multibillion-dollar" project to produce more than 300,000 tonnes per year of hydrogen.

LONDON (AP) — The U.K.

TORONTO — An expert is reassuring Canadians to not be worried about a spike in gasoline prices after a cyberattack on a critical U.S. pipeline.

TORONTO — Darrell Wellington heads a growing tech company that used to do almost all its employee recruitment in person, except for a few overseas candidates — until last year.

MONTREAL — Quebec's Labour Minister says he is concerned about the economic repercussions of a strike involving 2,500 ArcelorMittal workers announced Monday evening.