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Average Canadian household net worth grew significantly in recent years relative to U.S. levels
The household net worth per capita in Canada has increased substantially in the last seven years relative to levels seen in the United States, according to a new Statistics Canada study.
Between 1974 and 2006, Canadian household net worth per capita averaged around 60% of that seen in the average U.S. household. However, after 2007, U.S. levels dropped significantly, leading to Canadian household net worth reaching 77% of that of American households by 2012.
Read the full article here.
The household net worth per capita in Canada has increased substantially in the last seven years relative to levels seen in the United States, according to a new Statistics Canada study.
Between 1974 and 2006, Canadian household net worth per capita averaged around 60% of that seen in the average U.S. household. However, after 2007, U.S. levels dropped significantly, leading to Canadian household net worth reaching 77% of that of American households by 2012.
Read the full article here.