Canadian stock market slumps after Obama's re-election win (3)

Bombardier Inc, the Canadian world-leading business aircraft manufacturer, dropped 4.4 percent to 3.45 Canadian dollars per share after it disclosed it would delay the maiden flight of its C- Series jetliner by about six months because of issues related to suppliers, and that it would cut about 1,200 jobs in its train manufacturing division.

Canada's second-largest pipeline company Enbridge Inc was down 1.8 percent at 39.39 Canadian dollars per share after it reported a third-quarter profit loss as financial derivatives fell.

Gold companies were one of the few bright spots. Barrick Gold Corporation was up 2.5 percent to 36.15 Canadian dollars per share. Goldcorp Inc. rose 1.76 percent to 44.15 Canadian dollars per share.

Traders were also anxious about a vote in Greece's parliament later on Wednesday on an austerity package needed to secure a fresh injection of international aid and avert bankruptcy, which would rock the euro zone and world markets.

In currency, the Canadian dollar went down to trade at 1.0043 U.S. dollars at 5 p.m. local time (2200 GMT) Wednesday, compared to 1.0077 U.S. dollar Tuesday.

Recommended Features: [Special]'Made in China' Revisited From 'Made in China' to 'Created in China' A Journey to Cultural Renaissance Gold collection issued to mark 'Year of Snake' China: A Fast-growing Force in IPR IPR in China: Local Roots Bearing Global Fruits China Int'l Industry Fair opens in Shanghai Caofeidian coal wharf put into use Canton Fair wraps up on Sunday