While Americans might enjoy throwing politically-charged barbs at their neighbors to the north, Canadians now have at least one reason to be smug. 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.
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.
Quote: from The New World Order at 6:56 pm on July 18, 2012 does that include the price of the house they are in or combined incomes, because those numbers seem insanely high for just income."Net worth", meaning the value of everything they have.
does that include the price of the house they are in or combined incomes, because those numbers seem insanely high for just income.
''In 2009-10, on average, households in Australia held assets valued at $839,000, partially offset by average household liabilities of $120,000. After adjusting for changes in the CPI, the average household net worth of $720,000 in 2009-10 was 14% higher than in 2005-06, and 30% higher than in 2003-04.''
http://www.abs.gov.au/AUSSTATS/abs@.nsf/Lookup/4102.0Main+Features10Dec+2011#Contents1
Obama is responsible how?
The net worth of the average Canadian household in 2011 was $363,202 HAH! thats so far from the truth its not even funny
The net worth of the average Canadian household in 2011 was $363,202
HAH! thats so far from the truth its not even funny
I guess it's good news for Canada.