April 25 (Reuters) – Canada’s main stock index fell on Thursday, hurt by a drop in Bombardier Inc’s shares following a weak full-year outlook and as the Bank of Canada lowered its growth forecast for 2019.
* At 9:38 a.m. ET (1338 GMT), the Toronto Stock Exchange’s S&P/TSX Composite index was down 47.87 points, or 0.29 percent, at 16,538.65.
* Bombardier fell 16.1 percent after cutting its full-year profit and revenue forecast as delays in some large projects hit its dominant transportation unit that makes rail cars.
* Eight of the index’s 11 major sectors were lower with the industrials sector down 0.3 percent.
* The Bank of Canada cut its growth forecast for the year, due to a slowdown in Canada’s oil sector, the