TORONTO (Bloomberg) — Canadian stocks fell from a record as energy producers including EnCana Corp. declined alongside oil and natural-gas prices. Raw-materials shares such as Potash Corp. of Saskatchewan retreated.“The Canadian market is hostage to commodities,” said Doug Davis, who helps manage $382 million as president of Davis-Rea Ltd. Investment in Toronto. “The whole Canadian economy is hostage to commodities.”

The Standard & Poor’s/TSX Composite Index declined for the first time in four days, losing 45.32, or 0.4 percent, to 12,556.98 in Toronto.

A measure of energy stocks in the index dropped 0.8 percent today while materials slid 0.6 percent. EnCana, Canada’s biggest natural-gas producer, fell 82 cents to C$57.98. Smaller rival Canadian Natural Resources Ltd. declined C$1.06 to C$58.25.

Petro-Canada, the country’s third-largest oil and gas producer, retreated 75 cents to C$50.82.

January oil futures closed 1.6 percent lower at $59.24 a barrel in New York, after an Energy Department report showed that crude and gasoline stockpiles in the U. jumped.

Natural gas for December delivery tumbled 3.4 percent to $7.718 per million British thermal units. Inventories slipped 1 billion cubic feet last week to 3.449 trillion, 7.5 percent higher than the five-year average.

Potash Corp., the world’s biggest producer of the fertiliser, fell C$3.57 to C$140.45.

Goldcorp Inc., Canada’s second-biggest bullion producer, decreased 26 cents to C$31.15.

Barrick Gold Corp. eased 16 cents to C$33.05. The world’s largest miner of the precious metal extended its $1.71 billion hostile takeover bid for rival NovaGold Resources Inc. to Dec. 6 after acquiring 13.2 million shares, a stake of about 12 percent.

Teck Cominco Ltd., the world’s biggest zinc miner, rose C$2.24 to C$84.48.

First Quantum Minerals Ltd. added $3.45, or 6.2 percent, to C$59.35 for the top gain in the S&P/TSX.