(Bloomberg) -- Canadian stocks fell for a second day, on speculation Telus Corp. will stay out of any bidding war for BCE Inc., the country's largest telephone company.
A group of phone shares rose 19 percent before today on a March 29 report that BCE may be bought out. Financial shares including Royal Bank of Canada slid today after the central bank said inflation risks increased, signaling it may consider raising borrowing costs.
Read more at Bloomberg Stocks News
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