The Canadian markets started the trading week off by going on their usual roller coaster ride with gains seen at the open gradually eroding into solid losses by the close of Monday trading. For the tale of the tape, the TSX Exchange fell 0.63%, while the TSX Gold Index gained 3.7% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, lost 0.24% with the declining issuers beating out the advancers by a 458 to 399 margin on volume of 244 million shares traded.

Across the board selling continued during Monday trading on the Canadian markets, with investors betting that the economic outlook will get worse before it gets better. For the tale of the tape, the TSX Exchange fell 2.88%, while the TSX Gold Index plunged 3.6% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, lost 1.97% with the declining issuers outpacing the advancers by a 489 to 264 margin on volume of 121 million shares traded.