The so-called Fall Economic Statement (FES) will include initial investments on green stimulus measures, a "down payment" on a national childcare plan announced in September, while new COVID-19 relief measures for hard-hit sectors is also expected.

* At 10:34 a.m. ET (15:34 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 203.09 points, or 1.17%, at 17,193.47.

* Canada's current account deficit widened to C$7.53 billion ($5.82 billion) in the third quarter.

* Producer prices in Canada fell by 0.4% in October from September, while the value of Canadian building permits slid by 14.6% last month, much wider than analyst forecast of 5.0%decline.

* The energy sector dropped 1.7% as U.S. crude prices were down 0.5% a barrel, while Brent crude lost 1.1%.

* The financials sector slipped 0.9%. The industrials sector fell 0.7%.

* The materials sector, which includes precious and base metals miners and fertilizer companies, lost 1.1% as gold futures fell 0.6% to $1,771.5 an ounce.

* On the TSX, 28 issues were higher, while 190 issues declined for a 6.79-to-1 ratio to the downside, with 50.35 million shares traded.

* The largest percentage gainers on the TSX were Aphria Inc, which jumped 5.5%, while Shopify Inc rose 2.4% after its global Black Friday sales topped $2.4 billion.

* Lightspeed Pos Inc fell 6.7%, the most on the TSX, after brokerage BTIG downgraded the stock rating to neutral. The second biggest decliner was Silvercorp Metals Inc, down 5.8%.

* The most heavily traded shares by volume were Bombardier Inc, up 7.1%; Suncor Energy, down 1.8% and Score Media and Gaming Inc, up 26.8%.

* The TSX posted eight new 52-week highs and no new lows.

* Across all Canadian issues there were 49 new 52-week highs and two new lows, with total volume of 113.79 million shares.

(Reporting by Devik Jain in Bengaluru; Editing by Shailesh Kuber)