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Canadians, on Average, Now Richer Than Americans

 
TapeWorm
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User ID: 1180799
Canada
07/18/2012 12:48 AM
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Canadians, on Average, Now Richer Than Americans
Economic times here in America are pretty tough, but things aren’t so shabby for our neighbors to the north.

Over the past five years, the net worth of the average Canadian has crept up, overtaking the average American’s wealth for the first time. These days, Canadian households are about $40,000 richer than American ones.

The figures from Environics Analytics WealthScapes, first published in Toronto’s Globe and Mail last month, place the net value of the typical Canadian household at $363,202 versus $319,970 below the border. And, writer Michael Adams points out, "these are not 60-cent-dollars, but Canadian dollars more or less at par with the U.S. greenback."

Not only are Canadians richer, Bloomberg View columnist Stephen Marche reported on Sunday, they're also more likely to have a job. According to the latest figures, Canada’s unemployment rate continues to sink down to 7.2 percent while the U.S. has held steady at 8.2 percent.

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Anonymous Coward
User ID: 10885457
Canada
07/18/2012 01:02 AM
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Re: Canadians, on Average, Now Richer Than Americans
cuz there are so many rich Asians in Canada. the rest of us are poor.
6Gunfanatic-Foodhoard​er7

User ID: 14701995
Canada
07/18/2012 01:16 AM

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Re: Canadians, on Average, Now Richer Than Americans
Move out west and make 50 to 150 thousand a year.

Currently in Fort Mcmurray I make 140 thousand a year full benefits 8 hours weekdays 12 hour weekends+time and a half really starts to pile up when you live on camp to, everything is FREE.

Plus if you really apply yourself you can possibly start a life for yourself.
Clandestine Cake Eater.
These bastards want the whole damn cake.
Au-Ra
Anonymous Coward
User ID: 19931602
Canada
07/18/2012 01:25 AM
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Re: Canadians, on Average, Now Richer Than Americans
We have to be rich to afford million dollar starter homes...just sayin'
Anonymous Coward
User ID: 7994735
Canada
07/18/2012 01:31 AM
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Re: Canadians, on Average, Now Richer Than Americans
Wait until our harvests....muah ah ah

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