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Topic Hooray for Canada
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Original Post
Forever Angel Posted at 11:10 am on July 18, 2012
Another nail in the coffin of Obama's 'hope and change', the "fundamental transformation of America"...

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.


Replies
The New World Order Posted at 3:35 pm on July 18, 2012
Quote: from Sine Labore Nihil at 8:03 am on July 19, 2012

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.

oh pffft, you guys are 3rd world in comparison to Australia.

''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

Sine Labore Nihil Posted at 3:03 pm on July 18, 2012
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.
The New World Order Posted at 2:56 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.
lovelyabigaily Posted at 2:23 pm on July 18, 2012
Kumajiro must be happy.
polio Posted at 1:41 pm on July 18, 2012
again, how is he responsible?
Forever Angel Posted at 1:37 pm on July 18, 2012
Quote: from polio at 2:50 pm on July 18, 2012

Obama is responsible how?
Unemployment at 8+%... while he demonizes the "evil" rich and wages class warfare... tell me how he's not responsible.
polio Posted at 12:50 pm on July 18, 2012
Obama is responsible how?
Forever Angel Posted at 12:12 pm on July 18, 2012
Quote: from Rhodes at 1:59 pm on July 18, 2012


The net worth of the average Canadian household in 2011 was $363,202
HAH! thats so far from the truth its not even funny

Really?
Rhodes Posted at 11:59 am on July 18, 2012

The net worth of the average Canadian household in 2011 was $363,202

HAH! thats so far from the truth its not even funny

Friendship is Magic Posted at 11:39 am on July 18, 2012
Post from this position was omitted due to content violations
Ephemeral Posted at 11:29 am on July 18, 2012
Awesome, not so surprising though. So many Americans had such a tough time with the recession. A lot of us were hit bad, don't get me wrong. But they definitely took the biggest hit.
Sine Labore Nihil Posted at 11:26 am on July 18, 2012
I heard that on the radio on the way to work today.

I guess it's good news for Canada.

Harbinger II Posted at 11:13 am on July 18, 2012
Well if a Canadian newspaper says so....
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