Author Peter Koven of the Financial Post (@Peter_Koven

Author Peter Koven of the Financial Post

TSX Venture index sinks below 500 as long march downwards shows no signs of letting up

Canada's junior stock exchange continues to plumb new depths that would have seemed unimaginable even a few years ago. The S&P/TSX Venture Composite Index sunk below 500 points for the first time on Monday, hitting a record low of 495.14 before closing at 496.18. To put it in context, the Venture is down 29 per cent…