Canadian companies face fines and mixed financial results

Several major Canadian companies are in the news for regulatory issues and financial updates. Canadian Tire was fined nearly $1.3 million for false advertising, and the Bank of Montreal was fined $4 million for overcharging customers on discounted plans.

On the business side, Air Canada reported a profit and higher sales for the last quarter of the year, while Canada Goose reported lower profits due to higher costs. Separately, Eldorado Gold agreed to buy Foran Mining for about C$3.8 billion.