Canadian stocks saw a sharp decline on Thursday, snapping a three-day winning streak, after U.S. president Donald Trump confirmed that tariffs on Canada and Mexico will proceed as scheduled on March 4. Trump’s tariff remarks, along with sharp declines in gold and silver prices, drove the S&P/TSX Composite Index down by 200 points, or 0.8%, to 25,128 — its lowest closing level in over five weeks.
Although an intraday recovery in crude oil prices lifted some energy stocks, heavy losses in most other key market sectors, including mining, technology, and real estate, dragged the TSX lower, signalling renewed investor concerns about trade uncertainty and economic headwinds.
Top TSX Composite movers and active stocks
Energy Fuels, Aya Gold & Silver, B2Gold, and Ero Copper were the worst-performing TSX stocks for the day, with each diving by at least 5.9%.
Despite the broader market selloff, Superior Plus (TSX:SPB) jumped by 11.5% to…
