Canada stocks were lower after the close on Tuesday, as losses in the Materials, Energy and Utilities sectors led shares lower. At the close in Toronto, the S&P/TSX Composite declined 0.90%. The best performers of the session on the S&P/TSX Composite were Element Financial Corporation (TO:EFN), which rose 4.71% or 0.86 points to trade at 19.10 at the close. Meanwhile, Great Canadian Gaming Corporation (TO:GC) added 3.14% or 0.74 points to end at 24.32 and Dream Unlimited Corp (TO:DRM) was up 1.93% or 0.18 points to 9.53 in late trade. The worst performers of the session were IAMGold Corporation (TO:IMG), which fell 5.26% or 0.14 points to trade at 2.52 at the close. Precision Drilling Corporation (TO:PD) declined 4.92% or 0.43 points to end at 8.31 and Pretium Resources Inc. (TO:PVG) was down 4.82% or 0.34 points to 6.72. Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 933 to 482 and 198 ended unchanged. Shares in Element Financial Corporation (TO:EFN) rose to all time highs; up 4.71% or 0.86 to 19.10. The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 3.59% to 13.26. Gold for August delivery was down 1.46% or 17.60 to $1187.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 2.34% or 1.40 to hit $58.33 a barrel, while the July Brent oil contract fell 2.47% or 1.62 to trade at $63.90 a barrel. CAD/USD was down 0.94% to 0.8044, while CAD/EUR fell 0.05% to 0.7396. The US Dollar Index was up 0.97% at 97.39.