* TSX slips 1.62 points, or 0.01 percent, to 16,037.64
* Four of the TSX’s 10 main groups fall
* Materials group rises 0.8 percent
* Energy group declines 0.5 percent
TORONTO, Nov 13 (Reuters) – Canada’s main stock index waslittle changed on Monday, recovering from an earlier 10-day low,as gains for the materials group offset losses for energy sharesand investors weighed an uncertain outlook for the proposed U.S.tax overhaul.
The materials group, which includes precious and base metalsminers and fertilizer companies, added 0.8 percent.
Shares of Intertape Polymer Group Inc, surged 15.1percent to C$20.15 after the manufacturer of specialty tapesreported stronger-than-expected revenue for the third quarter.
Teck Resources Ltd climbed 2.9 percent toC$28.07, while copper, one of the metals that thecompany produces, advanced 2.0 percent to $6,920 a tonne.
At 10:49 a.m. ET (1549 GMT), the Toronto Stock Exchange’sS&P/TSX composite index fell 1.62 points, or 0.01percent, to 16,037.64.
It touched its lowest intraday level since Nov. 3 at15,999.10, as uncertainty over the U.S. tax legislation beingconsidered in Congress pushed world stock markets further awayfrom recent record highs..
Four of the index’s 10 main groups were lower, with energyretreating 0.5 percent even as oil prices rose.
U.S. crude prices were up 0.3 percent to $56.92 abarrel, supported by Middle East tensions and record long betsby fund managers.
Cenovus Energy Inc fell 1.5 percent to C$14.06 andEnbridge Inc slipped 0.5 percent to C$46.07.
Canada Goose Holdings Inc, which had surged lastweek to a record high after reporting quarterly earnings, fell5.9 percent to C$31.00.
Industrials slipped 0.3 percent.
Financials, which account for 35 percent of the index’sweight, were little changed.(Reporting by Fergal Smith; Editing by Paul Simao)