The key thing to watch may be the two open seats on the Federal Reserve Board. From Canada’s perspective, they may be more important than U.S. Supreme Court appointments.  If Trump appointed economists or business people closer to his world view, we may see an expedited rise in interest rates and quantitative de-easing. This would be a challenge for Canada, as one would have to follow the rate rises or have the dollar fall even further. Using borrowed money at higher interest rates to  pay for infrastructure fueled deficits could quickly be problematic, but so would higher food prices and travel costs to the US. Hard choices.