Canadians Richer Than Americans? Yes, But Probably Not For Long

For the first time in recent history, Canadians are richer than Americans, but a new report suggests this situation may not last long.

For the first time in recent history, Canadians are richer than Americans, but a new report suggests this situation may not last long.

Canada’s net worth has reached 648 per cent of GDP, research consultancy Capital Economics said in a new report, while U.S. net worth stands at 550 per cent of GDP.

The report backs up other recent data indicating Canadians have pulled away from their southern neighbours when it comes to wealth.

Read Full Story Courtesy of Huffington post

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