The Globe and Mail reports in its Saturday, Nov. 2, edition that Canada is facing a rocky four years. A triple bylined item in The Globe reports that the results of Tuesday's U.S. presidential election carry massive implications for the Canadian economy. Democratic Party candidate Kamala Harris has pitched an "opportunity economy" with lower costs for health care and housing, and higher taxes on corporations and the wealthy, without significantly deviating from the policies of her 2020 running mate, President Joe Biden. Republican challenger Donald Trump favours more of a scorched-earth approach, promising mass deportations, huge tariffs and tax breaks that challenge economic orthodoxy. If either party takes control of both houses of Congress and the presidency, that could pave the path for significant change, whereas a divided government would limit their ambitions. If Ms. Harris wins, Treasury yields would likely fall and the U.S. dollar would lose steam. CIBC strategist Sarah Ying says, "What happens there is whatever is priced in for Trump in terms of tariff uncertainty, in terms of the fiscal spend, those need to be priced out." The Globe says whatever happens will bleed north across the border.