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According to economists, Biden’s economic plan is likely to create 7 million more jobs than Trump’s. A recent report suggested that Biden’s proposals would lead to 18.6 million jobs during his first term and an average increase in income of $4,800 per person. Meanwhile, it said Trump’s policies would lead to an increase in only 11.2 million jobs and no real income gains on an individual level. Biden would also support a January 2021 COVID stimulus and an increase of the minimum wage to $15. Since the Canadian economy is so entangled with the U.S. economy, the stronger the U.S. economy is the better it will be for Canada. Canada is currently struggling with our own COVID-related economic recovery but Trudeau is looking at another wave of pandemic-related spending.

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