Canadians Now Richer Than Americans

For the First Time, Canadians Now Richer Than Americans

July 18, 2012

The average Canadian household is worth about $40,000 more than their American counterparts

By Meg Handley
The net worth of the average Canadian household in 2011 was $363,202.

Canadian Sunset
Lone Primate / Foter

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.

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