It makes little sense, when viewed from early April, that Canadian equities are closing out their second-best year this century. Donald Trump had just unleashed the harshest tariffs since The Depression, effectively choking off trade and tearing up a trade agreement he had negotiated. The US president was also openly discussing annexing Canada, stoking unfathomable tensions between the two long-time allies. Political turmoil added to unease up North.Then Trump backed down from his most punishing tariffs. Te ...