Canadian Stocks Sink Most Since Tariff Chaos as Miners Sell Off

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Pedestrians in the financial district of Toronto.Canadian equities stumbled on Tuesday, by the most since April’s tariff-fueled market rout, as an escalating war in the Middle East unnerved investors who exited even traditional safe havens like gold and energy stocks.The S&P/TSX Composite index fell as much as 4.1% on Tuesday, marking the biggest intraday decline since April 10, eroding half a month’s worth of gains. Commodity linked stocks, particularly within the materials and energy sectors, constitute over 35% of the index leaving it vulnerable to price changes in the underlying assets.