canadian stocks were sharply lower monday midtrading as headwinds weigh on global markets most sectors in canada were down led by energy and materials with only consumer durables and tech services gaining while us federal reserve monetary policy remains the top headline the bank of canada suggests that a 75basispointhike is not outside the realm of possibilities as the central bank tries to rein in inflation on the equities front trevali mining corp shares continued their fall after the company said that activity at its mine in burkina faso would remain suspended at midday canadas sptsx composite index was down 214 to 2073371 and the bluechip sptsx 60 fell 206 to 125543 shares in trevali mining corp were 9 lower at c101 79 us cents after it said that its mining and milling operations would remain suspended while it continues effort to remove water at its perkoa mine following a flash flood that has left eight workers still missing kinross gold corp agreed to sell its 90 interest in the chirano mine in ghana to asante gold corp for a total of 225 million in cash and stock kinross shares were down 39 at c668