Toronto Stocks Decline Amidst Tech Sector Gloom and Mining Sector Pressure
ByAinvest
Thursday, Feb 5, 2026 12:54 pm ET1min read
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Toronto stocks decline 1.3% with Canadian miners leading the way due to falling precious metals prices. Thomson Reuters CEO Steve Hasker reassured investors that AI is not undermining its business, but tech sector remains gloomy. Luxury apparel company Canada Goose fell 18% after reporting higher costs and marketing spend. Canadian mining stocks decline with Barrick Mining and Kinross Gold down 6.5% and 4.6%, respectively. BCE anticipates modest revenue growth but shares fell 3.4%.
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