(Updates prices, adds sector details) Feb 17 (Reuters) - Canada’s main stock index fell on Wednesday after the country’s most valuable company Shopify Inc hinted revenue growth would slow this year. The Ottawa-based company said COVID-19 vaccine rollouts would encourage people to return to brick-and-mortar stores and the shift to e-commerce will likely resume a more normalized pace of growth. * At 9:58 a.m. ET (14:58 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 158.25 points, or 0.86%, at 18,334.47. * Canada’s annual inflation rate rose at a faster pace in January, edging slightly ahead of analyst expectations on higher prices for durable goods and gasoline, Statistics Canada said. * The energy sector was unchanged as U.S. crude prices were down 0.2% a barrel, while Brent crude added 0.3%. * The financials sector gained 0.1%. The industrials sector fell 0.6%. * The materials sector, which includes precious and base metals miners and fertilizer companies, lost 1.7% as gold futures fell 1.0% to $1,779.9 an ounce. * On the TSX, 51 issues were higher, while 162 issues declined for a 3.18-to-1 ratio to the downside, with 42.99 million shares traded. * The largest percentage gainers on the TSX were Bausch Health Companies, which jumped 3.2% after brokerage RBC raised its rating on the stock to “outperform” after four years and Ivanhoe Mines, which rose 3.0%. * Primo Water Corp fell 7.1%, the most on the TSX, while the second biggest decliner was Shopify Inc, down 6.5%. * The most heavily traded shares by volume were Supreme Cannabis Company, down 2.9%; Zenabis Global, down 2.8% and Manulife Financial Corp, up 0.2%. * The TSX posted seven new 52-week highs and no new lows. * Across all Canadian issues there were 60 new 52-week highs and three new lows, with a total volume of 123.64 million shares. (Reporting by Shashank Nayar in Bengaluru; Editing by Aditya Soni and Ramakrishnan M.)