TSX ends down nearly 1 at 25,410.71
Posts its lowest closing level since Nov. 26
Materials group falls 2.5 as metal prices fall
Energy declines 1.7; oil settles 0.4 lower

Reuters Canada39;s main stock index fell to a twoweek low on Thursday as lower commodity prices weighed on resource shares and after a supersized interest rate cut by the Bank of Canada failed to quell unease about domestic economic prospects.

The Toronto Stock Exchange39;s SPTSX composite index ended down 246.99 points, or 0.96, at 25,410.71, its biggest decline since Oct. 31 and lowest closing level since Nov. 26.

The Bank of Canada39;s aggressive easing campaign signals a weakerthanexpected economy in Canada, said Shiraz Ahmed, senior portfolio manager and founder of Sartorial Wealth at Raymond James.

The prospect of U.S. tariffs on Canadian imports is among the factors creating a sense of unease in the markets, Ahmed added.

On Wednesday, the BoC slashed its benchmark interest rate by 50 basis points to 3.25 to address slower economic growth.

Some Canadian premiers are urging Ottawa to respond robustly to the threat of tariffs from incoming U.S. President Donald Trump and have highlighted critical minerals and metals as products the United States relies on, Canada39;s finance minister said.

The materials group, which includes fertilizer companies and metal mining shares, fell 2.5 as gold and copper prices fell.

The price of oil also declined, settling 0.4 lower at 70.02 a barrel. Energy…