The S&P/TSX composite index closed down 59.53 points at 16,016.14. Canada’s main stock index closed lower, weighed down by losses in the energy and gold sectors. The energy sector has been under pressure as the price of oil tumbled in recent days amid reports that OPEC countries and Russia could start pumping more oil soon. Trading outside the U.S. for the July crude contract closed down $1.41 (U.S.) a barrel at $66.47. International trading of the August gold contract closed down $6.30 at $1,302.70.

Source: thestar May 28, 2018 15:45 UTC