Hardheaded Socialism Makes Canada Richer Than U.S.
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July 16 (Bloomberg) -- On July 1, Canada Day, Canadiansawoke to a startling, if pleasant, piece of news: For the firsttime in recent history, the average Canadian is richer than theaverage American.
According to data from Environics Analytics WealthScapespublished in the Globe and Mail, the net worth of the averageCanadian household in 2011 was $363,202, while the averageAmerican household’s net worth was $319,970.