Average Canadian richer than Average U.S. citizen

I was searching gold funds (to invest in) recently, and came across two Canadian closed-end funds that appear to be very safely/conservatively managed. Compared with various U.S. gold ETFs which don't guarantee they will hold real physical gold to cover all of the shares (and have other "Hmmm" type of issues), I'm of the opinion that a lot of the financial "innovation" in the U.S. in the last 10-20 years has basically been in the form of higher-risk securities that make money for everyone until they don't. The Canadians seem to, like the old brokerage commercial used to say, focus on making money the old-fashioned way.
 
Well some of our conservative bretheren better get on their galoshes and go up and warn those poor folks that with universal health care and a 43 percent top marginal income tax rate on job creators Canadians are gonna be poorer than Somalis before they know it.
 
Universal Healthcare works well for Canadians because they can make a quick trip south when they REALLY need healthcare. I guess learning Spanish for us is going to be important for more reasons now.
 
But but they have higher taxes! Medical care! More regulation! And they have to pay for all those dern snow removers!
 
Larry T. Spider is right. They are still experiencing a housing bubble. In Toronto right now its common to see houses go for $50k more than the asking price? Sound familiar (for everywhere but Texas)? That was most major US cities from 2006-2008.
 
It is because of all these damn shows on HGTV being shot in Canada. Man I loathe all those shows. When I meet a new client now, some would say to me, I want the "House Hunter" experience, ugh it irritates me.

Larry T. Spider should know about values, he lives in a mansion with a trophy wife and used to have a ATM flag up on his wall...
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