The Average Canadian is Now Richer than the Average American

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Category: News - International (Outside Canada)

Written by time.com

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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.

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