CANADA STOCKS-TSX falls, dragged by energy; on track for weekly loss

Fri Jul 29, 2016 10:33am EDT
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(Adds details on energy earnings, data; updates prices)

* TSX down 44.95 points, or 0.31 percent, 14,507.77

* Nine of the TSX's 10 main groups fall

* Index on track for 0.6 pct fall on week

TORONTO, July 29 (Reuters) - Canada's main stock index fell on Friday as economic data and energy earnings highlighted the damage done by a massive wildfire that hit oil sands production starting in May, with the index headed for its first weekly decline since mid-June.

Among the most influential decliners were pipeline operator Enbridge, which fell 0.5 percent to C$51.17, and Imperial Oil Ltd, which lost 1.2 percent to C$39.90.

Both companies reported earnings that were negatively impacted by massive wildfires in northern Alberta, which at one point cut Canada's crude output by more than a million barrels a day.

The sharp drop in oil extraction after some producers shut down for weeks hit overall economic growth in May, which notched its biggest monthly decline since March 2009, data from Statistics Canada showed.

At 10:18 a.m. EDT (1418 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 44.95 points, or 0.31 percent, at 14,507.77.   Continued...