The November 8 elections and the U.S. economy- Part three

The electoral promises made during the presidential campaign set out different paths for the U.S. economy, the Canadian economy and the financial markets. The markets have been closely monitoring this election and the outcome could affect them in the short and medium terms. This third Economic Viewpoint on the 2016 presidential election examines the principle economic and financial consequences that could follow the election of either Hillary Clinton, the Democratic candidate, or Donald Trump, the Republican candidate. The net effect of the proposals made by Hillary Clinton is fairly modest. However, the consequences of a Donald Trump victory could be huge if he manages to fulfill his promises. The protectionism of the Republican candidate represents a significant risk to the Canadian economy.