The Bank of Canada kept its overnight rate unchanged, citing slowing inflation and mixed economic signals.

Statistics Canada reported that the Consumer Price Index rose 2.4% year over year, down from the previous month.

Canada's main stock index closed at a new all-time high, driven by strength in financials and materials.

Canadian investors continued to pour money into ETFs, especially all-in-one and broad-market funds.

Non-farm payrolls beat expectations. The unemployment rate held steady.