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Keyword: canadawealth

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  • Not wealthy enough to gloat (If Canada is now richer than the USA, it's not because of socialism)

    07/18/2012 6:35:48 AM PDT · by SeekAndFind · 6 replies
    Financial Post ^ | 07/18/2012 | Terence Corcoran
    If we’re richer than Americans, it’s not because of socialismA new facteroid circling the media planet suggests Canada is sweeping ahead of the United States economically. Here it is: The average Canadian household had net worth of $363,202 at the end of last year, compared with $319,970 for the average American household.A surprising number and, in many respects, a heartening statistic to boost the economic confidence of Canadians. How much of a boost? That’s a bigger question. The bald calculation is simple enough: The average Canadian household now looks to be more than $40,000 richer than the average American...