Canadians are now richer than Americans

[MG1968]

For the First Time, Canadians Now Richer Than Americans - US News and World Report

kudos to US News for not claiming that Canada's socialized medicine had anything to do with it, the difference would be even greater if the Canadian system was more market driven

 

[golfballs]

It's because they're notoriously bad tippers

 

[BigPapaVol]

is that in Canadian dollars?

 

[MG1968]

is that in Canadian dollars?

article mentioned that and said that the US and Canadian dollars were at parity

 

[BigPapaVol]

article mentioned that and said that the US and Canadian dollars were at parity

twas but a joke.

 

[Gramps]

is that in Canadian dollars?

currency converter is showing :

US. $1.00. = CAN $1.0112

 

[bamawriter]

Of course, this means that Canadians are more racist than Americans. You can't be rich without being a racist.

 

[MG1968]

twas but a joke.

I know, but I figured I'd reply before LG came in and blathered about how racist I am for criticizing socialized medicine in Canada

 

[BigPapaVol]

I know, but I figured I'd reply before LG came in and blathered about how racist I am for criticizing socialized medicine in Canada

damn, that is racist.

 

[Weezy]

Will that wealth trickle down to us?


bazinga

 

[BeecherVol]

Will that wealth trickle down to us?


bazinga

Yep. Right after it runs through the filter.

 

[golfballs]

Yep. Right after it runs through the filter.

If it has to go through New York or Michigan, there won't be anything left

 

[n_huffhines]

Coincidentally, Canada passed us in world economic freedom rankings about 3 years ago.

 

[n_huffhines]

There it is...Canada #6, with US and A at #10

Index of Economic: Promoting Economic Opportunity and Prosperity

 

[golfballs]

There it is...Canada #6, with US and A at #10

Index of Economic: Promoting Economic Opportunity and Prosperity

We're ranked #1 in Labor freedom!

workers unite!

 

[Gramps]

There it is...Canada #6, with US and A at #10

Index of Economic: Promoting Economic Opportunity and Prosperity

# 107. The Philippines

Neo , what's up with that?

 

[Velo Vol]

Minimum wage in most of Canada is at least $10/hour.

List of minimum wages in Canada - Wikipedia, the free encyclopedia

 

[golfballs]

Minimum wage in most of Canada is at least $10/hour.

List of minimum wages in Canada - Wikipedia, the free encyclopedia

That's why! Because they all get paid more!

Workers unite!

 

[Gramps]

Minimum wage in most of Canada is at least $10/hour.

List of minimum wages in Canada - Wikipedia, the free encyclopedia

Can't be.
Canadians are worth more with lower unemployment.

 

[azVolFan]

Minimum wage in most of Canada is at least $10/hour.

List of minimum wages in Canada - Wikipedia, the free encyclopedia

Looking for a raise?

 

[WA_Vol]

if the dollar is weaker then the canadian dollar it's inevitable

 

[knucklehead_vol]

The USD/CAD has been going down since 2002...

I attached a monthly chart of the two pairs. Nothing new.

 

[Velo Vol]

Looking for a raise?

Coincidentally, I was on the Canadian immigration site this week. Thinking of applying for a citizenship certificate--basically for the heck of it.

 

[Velo Vol]

if the dollar is weaker then the canadian dollar it's inevitable

No, the linked article cites the recent change that accounts for this: by and large Canada has avoided the housing bust.

Because house prices in the U.S. have plunged, the real estate held by Canadians is now much more valuable than that held by Americans (worth over $140,000 more on average). In fact, Canadians hold more than twice as much real estate as Americans and, once mortgages are factored in, have almost four times as much remaining equity in their real estate. Americans’ liquid (non-real estate) assets are still greater than Canadians’.

 

[Manvol]

Mexico is next to pass us, oboma plan is working, third world here we come..