The Canadian market is down in early afternoon trades, with stocks from various sectors under pressure. Trade talks between Canada and South American countries are progressing, easing tariff concerns. Canadian Primer Minister Mark Carney is negotiating with U.S. President Donald Trump for a trade agreement before the August 1 deadline. The S&P/TSX Composite Index dropped to 27,326.73, down 0.23%. Stocks like Superior Plus, Canadian Pacific Railway, and BlackBerry are down, while Premius Brands, Novagold Resources, and Nutrien are up. Other companies like TransAlta, Cogeco Cable, and Cameco are also experiencing gains.

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