The plunge in global stock markets seeped into Canada as a raft of new coronavirus cases in numerous countries outside China heightened concerns about the ability to prevent the illness from spreading and its potential economic impact.
The S&P/TSX Composite Index tumbled 1.6% Monday in Toronto -- its biggest drop in about six months -- while its American counterpart nosedived by more than double that amount as the S&P 500 Index skidded to the first three-day decline this year. British Columbia just announced a seventh virus case in the province.
