stocks in toronto were lower tuesday in midday trading having come up from its lows earlier in the morning bank of canada will report on rates wednesday and investors are sitting on the sidelines while they wait canadas producer manufacturing sector was the main decliner followed by tech services and energy offset by gains in health tech retail trade and communications shares of canadian food retailer metro inc rose after reporting betterthanexpected profit in its first quarter of fiscal 2023 as the soaring cost of food in canada drove sales above forecasts canadas sptsx composite index was down 004 at 2062419 and the bluechip sptsx 60 fell by 002 to 124260 metro inc shares were 22 higher at 7602 canadian dollars c5687 after reporting net income of c2311 million or c097 a share for the three months ended dec 17 compared with c2077 million or c085 a share a year earlier food prices in canada rose significantly in 2022 peaking in october at 114 which helped support the 82 increase in metros sales to c467 billion analysts consensus expectation was for sales of c463 billion shares in magna international inc dropped 71 to c8133 after the canadian autoparts maker said it expects to report lower margins than previously forecast for 2022 despite sales meeting targets pyrogenesis canada inc shares climbed more than 15 to c120 after the company said it received approval for a 3d metal powder factory from a global aerospace company gogold resources incs shares fell 12 to c222 after the canadian silver and gold producer agreed to sell roughly c65 million of its stock to help fund project development