A continued decline in inflationary pressures, combined with ongoing signs of a cooling Canadian economy, recently prompted the Bank of Canada (BoC) to cut interest rates for the fifth consecutive time.

North American equity markets are flirting with new highs, even as the incoming U.S. administration introduced fresh uncertainty.

Both U.S. and Canadian equity markets reached new all-time highs after a post-election boost, while markets overseas have trended lower.