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How Canada stole the American Dream

24.07.09, 14:21
Kanadyjczycy zyja dluzej, pracuja mniej, i sa bogatsi niz
amerykanie...

The numbers are in. Compared to the U.S., we work less, live longer,
enjoy better health and have more sex. And get this: now we're
wealthier too.

www.macleans.ca/canada/national/article.jsp?
content=20080625_50113_50113

The wealth numbers, in particular, are shocking. As of 2005, the
median family in Canada was worth US$122,600, according to
Statistics Canada, while the U.S. Federal Reserve pegged the median
American family at US$93,100 in 2004. Those figures, the most recent
available, already include an adjustment for our higher prices, and
thanks to the rising loonie Canadians are likely even further ahead
today. We're ahead mainly because Americans carry far more debt than
we do, and it means that the median Canadian family is a full 30 per
cent wealthier than the median American family. "The fact that we're
now richer is a big reversal," says Jack Mintz, former president of
the C.D. Howe Institute and the current Palmer Chair in public
policy at the University of Calgary. "It's a huge change in the way
we view the world."
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