Canada’s main stock index fell over 1 per cent on Thursday, hitting a three-week low as a string of disappointing corporate earnings reports added to broad investor unease about the global economy.
The most influential weight on the index was Manulife Financial Corp, which slumped 10.34 per cent to $15.52 after the country’s largest insurer missed market estimates for the fourth quarter and said it would be difficult to achieve its core earnings target for 2016.