The Average Canadian is Now Richer than the Average American?
Watch out, Americans: Your thrifty, socialist neighbors to the north have
stealthily become richer than you.
Over the past five years, the average net worth of Canadian households has
exceeded that of American households. So for the the first time in history,
Canadians are wealthier than Americans — by more than $40,000, on average. In
2011, the average net worth of a Canadian household was $363,202, compared to
$319,970 in the U.S., according to Environics Analytics WealthScapes data published
in the Globe and Mail. (‘Average net worth’ measures the total
combined value of a household’s liquid and real estate assets, minus debt.)