Which of the Following Statements Is False

Which of the following statements is false?

A) The S&P/TSX Composite Index and the S&P/TSX 60 Index are both well-diversified indexes that roughly correspond to the market of Canadian stocks.
B) Practitioners commonly use the S&P 500 as the market portfolio in the CAPM with the belief that this index is the Canada market portfolio.
C) The S&PO/TSX 60 Index covers about 73% of the market value of Canadian equities traded.
D) The S&P/TSX Composite Index was the first widely publicized value-weighted U.S. index and it has become a benchmark for professional investors.