Bay Street stocks dived at open Wednesday amid widespread selling, with the S&P/TSX Composite Index losing 168.44 points or 1.45 percent to 11,440.86.
The Diversified Materials Index lost over 2 percent, with Teck Resources (TCK_B.TO), First Quantum Minerals (FM.TO) and Inmet Mining (IMN.TO) shedding around 2 percent each.
In the oil patch, MEG Energy (MEG.TO), Baytex Energy Corp. (BTE.TO) and Suncor Energy (SU.TO) were down around 2 percent each.
Smartphone maker Research In Motion (RIM.TO) dived close to 9 percent after it warned of a first quarter operating loss.
Among gold plays, Seabridge Gold (SEA.TO) lost close to 5 percent, while Agnico-Eagle Mines (AEM.TO) was slipping 3 percent.
Women clothing stores operator Reitmans Canada Ltd. (RET.TO) wad down 2 percent after reporting first-quarter net loss.
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