The Canadian stocks fell for a third day on Monday. The S&P/TSX Composite closed down 40.14 points, or 0.32 percent, at 12,322.94. Eight out of the 12 sectors on the Toronto Stock Exchange (TSX) registered losses on Monday with the index measuring the diversified metals and mining sector losing 1.73 percent. Lundin Mining Corp. dropped 3.64 percent. Teck Resources Ltd., Canada's largest base-metals producer, declined 2.33 percent. The index measuring the telecommunication services sector on the TSX added 1.43 percent. Rogers Communications Inc. rose 1.94 percent. TELUS Corp. added 1.68 percent. BCE Inc. increased 1.45 percent. Electronics retailer Future Shop said it plans to hire more than 4,000 seasonal employees across Canada for the holiday shopping season. The new hires will increase the Future Shop workforce by over 40 percent. The Company stated that it will look to social network platforms such as Facebook and Twitter to attract tech- savvy employees for jobs across all 146 stores. Potash Corp. of Saskatchewan Inc. climbed 1.86 percent on Monday. The Conference Board of Canada said on Monday afternoon that the BHP Billiton's proposed takeover of PotashCorp could reduce Saskatchewan government revenues by at least two billion dollars over the next 10 years while having little or no net effect on employment in the industry. Barrick Gold Corp., the world's largest bullion producer, decreased 1.77 percent. On the economic front, total wheat and canola production in the Prairie provinces of Canada is expected to decline in 2010 compared with 2009. In contrast, farmers in Manitoba, Quebec and Ontario reported they expect to harvest a record soybean crop, reports from Statistics Canada showed on Monday. On the currency front, the Canadian dollar weakened against its U.S. counterpart on Monday. One U.S. dollar was buying 1.0233 Canadian dollars at 5 p.m. local time (2100 GMT), compared with 1.0194 last Friday. 