CANADA STOCKS-Toronto shares end lower as resource shares slide

*TSX ends down 0.2%*Energy falls 1.2%; oil settles nearly 1% lower*Materials sector loses 1.4%*Canadian services PMI shows downturn deepening(Updates at market close)By Fergal SmithDec 5 (Reuters) - Canada's main stock index edged lower on Tuesday, consolidating some recent gains for a second day, as investors weighed signs of a weaker economy and a drop in commodity prices pressured the energy and materials sectors.The Toronto Stock Exchange's S&P/TSX composite index ended down 34.28 points, or 0.2%, at 20,375.93. It follows a modest loss on Monday after posting on Friday its highest closing level in 2 -1/2 months."We're coming off a month of euphoria in November and maybe a little bit of reality is beginning to settle into the market," said Michael Sprung, president at Sprung Investment Management.The TSX was up 7.2% in November, its biggest monthly advance in three years, as investors grew hopeful that the Federal Reserve and the Bank of Canada are done hiking interest rates.The Canadian central bank is expected to leave its benchmark interest rate on hold at a 22-year high at a policy decision on Wednesday and then begin cutting rates next year as inflation and the economy show signs of slowing."We may be in a recession next year if we aren't already," Sprung said.The downturn in Canada's service sector deepened in November as increased borrowing costs and worries about a potential recession weighed on activity, S&P Global Canada services PMI data showed.The energy sector fell 1.2% as the price of oil settled nearly 1% lower at $72.32 a barrel.Gold also fell, extending its pullback from Monday's all-time high. The materials group, which includes precious and base metals miners, lost 1.4%.Tilray Brands Inc was among the biggest decliners. Shares of the cannabis producer fell 8.7%, giving back its previous day's gains.Technology was among the sectors that gained ground, rising 1.4%, while consumer staples added 0.5%. (Reporting by Fergal Smith in Toronto and Shashwat Chauhan in Bengaluru; Editing by Tasim Zahid and Grant McCool)