Joeshie;
Canada aside for the moment, it may be surprising to you that American elections do in fact have a measurable effect upon much of the worlds attitude and outlook towards the US, your countries political decisions and policies, and even upon the common US citizen. Or it may be no surprise whatsoever.
Historically, when Republicans have been in power it has been of greater direct benefit to Canada in matters of politics and the economy. With that in mind, it's interesting to note that despite what history has shown us, that the vast majority (and I do mean vast) of Canadians were hopeful for Obama's victory in the Presidential elections. You'll find that this general feeling was shared on a worldwide scale actually.
By no means should your decision on who to vote for be based upon something of such little revelance to you, compared to how it will effect your immediate community and State (side note: for the life of me, I'll never figure out why Blue and Red States even exist, the idea of tying your loyalty to one party baffles me).
Anyways, I'm wandering around this subject material like I'm leading a piss-up in a brewery... The real point is that when Americans pay attention to issues outside their own immediate concern, the rest of the world notices that little fact, and actually looks upon the average citizen better for having done so.
Crazy? Yes. True? Most definately.