An Alberta wildfire threatened a major road that connects Fort McMurray, the oil sands region's biggest city, to the rest of the province after winds shifted direction, an official said.
Alberta's housing market is not yet feeling the full weight of low oil prices as the number of newly insured mortgages rose in the province during the first quarter of the year, Canada's federal housing agency reported.
Shares in Bank of Nova Scotia climbed on Thursday after the bank reported higher-than-expected second-quarter earnings that showed signs of improved credit quality.
(Adds strategist comment; updates prices to close). * TSX ends down 92.91 points, or 0.62 percent, at 15,014.09. * Eight of 10 main sectors in the red.
Canadian stocks fell, extending a monthly loss, as data showed the biggest contraction in the nation's economy since 2009. Health-care stocks fell amid a 1.3 percent slide for Valeant Pharmaceuticals International Inc. Canadian Pacific Railway Ltd.