It's a massive victory for Mexico, who will now push to lift the CONCACAF Nations League trophy for the first time. They've lost twice in the final to the USMNT, who have won each of the previous three iterations of this new tournament.
The win, too, will build spirit under coach Javier Aguirre, who was brought back in for a third stint in charge of El Tri in an effort to rebuild this team's spirit following a premature exit from last summer's Copa America.
As for Canada, the loss will feel like a setback after their own strong run last summer. Canada made it all the way to the tournament semis before falling to eventual winners Argentina, eventually earning fourth place after a shootout loss to Uruguay in the third-place game.