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      07-20-2012, 01:12 PM   #1
cssnms
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Angry For the First Time, Canadians Now Richer Than Americans

For the First Time, Canadians Now Richer Than Americans

For the first time in recent history, the average Canadian is richer than the average American, according to a report cited in Toronto's Globe and Mail.

And not just by a little. Currently, the average Canadian household is more than $40,000 richer than the average American household. The net worth of the average Canadian household in 2011 was $363,202, compared to around $320,000 for Americans.

not only are Canadians comparatively better-off than Americans, they're also more likely to be employed. The unemployment rate is 7.2 percent—and dropping—in Canada, while the U.S. is stuck with a stubbornly high rate of 8.2 percent.



"CHANGE"


http://www.theglobeandmail.com/comme...rticle4380634/