National Business

TORONTO — Kinross Gold Corp. says its net income attributable to shareholders surged in the first quarter due to higher price for the precious metal. The Toronto-based miner says it earned US$149.

VANCOUVER — Aritzia capped a challenging 2020 by sustaining most of its revenue in the fourth quarter thanks to growth in e-commerce sales despite government-mandated store closures. The Vancouver-based clothing retailer says revenues were $267.

DALLAS (AP) — A federal judge dismissed the National Rifle Association’s bankruptcy case Tuesday, leaving the powerful gun-rights group to face a New York state lawsuit that accuses it of financial abuses and aims to put it out of business.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,274.04, down 87.84 points.) Enbridge Inc. (TSX:ENB). Energy. Down 24 cents, or 0.5 per cent, to $48.19 on 24.5 million shares.

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.