The Globe and Mail reports in its Monday edition that for a good year in the Canadian stock market, there are a curious number of big losers in the benchmark index. The Globe's Tim Shufelt writes that 17 per cent of the companies in the S&P/TSX Composite Index are down by at least 10 per cent year-to-date, while 9 per cent are down by 20 per cent or more. One explanation is that with inflationary pressures building, the market's preferences have shifted toward the largest companies on the exchange, which typically have a greater ability to pass rising prices onto consumers, said Jason Mann at EdgeHill Partners. The 60-odd stocks in negative territory on the year have an average market cap of about $5.5-billion, well below the index average of more than $15-billion. Precious metals names are well represented, which is typical of a rising-rate environment. Of the 20 worst performing stocks in the composite, half of them are gold and silver miners. It has also been a terrible year for cannabis producers, which are struggling to grow in an oversaturated market. Canopy Growth, for example, is down 50 per cent on the year. With the industry's business model in question, cannabis stocks are ripe for tax-loss selling.