The materials sector .GSPTTMT, which includes precious and base metals miners, lost 1.3% as gold futures GCc1 fell 0.2% amid jitters ahead of minutes of the U.S. Federal Reserve's July policy meet. Meanwhile, the S&P/TSX Information Technology Index fell 2.2%, dragged by a 8.8% slide in Hut 8 Mining HUT.TO after DA Davidson downgraded the bitcoin miner' stock to "neutral". The market received a lift on Tuesday after official data showed Canada's inflation eased slightly in July on lower gasoline prices, prompting the country's central bank governor to say that the annual rate might have peaked.