(Updates with morning prices)

By Nikhil Sharma

March 10 (Reuters) - Canada's main stock index fell more

than 1% on Monday, as investors were averse to taking risks over

persistent worries about the global trade war.

The Toronto Stock Exchange's S&P/TSX composite index

was down 1.14% at 24,476.66.

Information technology led the sectoral declines

with a 2.9% fall. It was dragged by a 6.7% drop in shares of

electronic equipment company Celestica ( CLS ).

Financials, which hold the heaviest weighting on

the main index, lost 1%.

U.S. President Donald Trump threatened additional tariffs

against Canadian imports on Friday, a day after he delayed

implementation of certain levies - the latest in a fluctuating

trade policy stance that has stoked investor concerns.

"We continue to see a lot of anxiety around the trade

policies and tariffs from the new U.S. administration," said

Angelo Kourkafas, investment strategist at Edward Jones

Investments.

"We still have no clarity necessarily about what the end

goal is going to be on the trade front."

A Reuters poll found that recession risks were mounting for

Mexico, Canada and the U.S. due to chaos around trade duties.

Trump, in an interview on Sunday, declined to predict whether

the U.S. could face a recession.

Meanwhile, former central banker Mark Carney won the race to

become leader of Canada's ruling Liberal Party and will succeed

Justin Trudeau as prime minister.

Carney, who supports dollar-for-dollar retaliatory tariffs

in response to Trump's measures, has argued that he was best

placed to oversee trade negotiations with the U.S. President.

Later this week, the Bank of Canada is widely anticipated to

deliver a 25 basis points interest rate cut. BofA Global

Research expects the central bank to provide additional support

to the Canadian economy by cutting rates further.

Among individual stocks, Whitecap Resources ( SPGYF ) fell

13%, making it the worst hit on the TSX, after the Canadian oil

producer was set to merge with peer Veren ( VRN ) in an

all-stock deal valued at C$15 billion ($10.43 billion) including

debt.