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July 4, 2012

Lessons from Canada for U.S.

Edward Alden, Council on Foreign Relations

AP Photo

Canadians are feeling pretty good about themselves these days. On the country's 145th birthday this past weekend, they were greeted with news that, on paper at least, Canadians are now wealthier than Americans. Mostly as a consequence of more stable housing prices, the average Canadian household now has a net worth slightly greater than the average U.S. household.

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TAGGED: United States, Canada

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