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<blockquote data-quote="klein" data-source="post: 984762" data-attributes="member: 23950"><img src="http://l1.yimg.com/dh/ap/ap/default/120617/money450.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />Canadians&#039; net worth at highest level since 2008Each Canadian is now worth $193,500, a more than $2,000 increase over last quarter.By The Canadian Press OTTAWA - The country&#039;s net worth rose two per cent to $6.7 trillion in the first quarter, the largest quarterly growth rate since the third quarter of 2008, Statistics Canada reported Friday.That&#039;s equivalent to $193,500 per person, up from $190,200 in the previous quarter.The advance in national net worth was driven by higher asset values, as national wealth increased 1.5 per cent to $6.9 trillion, while net foreign debt was $0.2 trillion, a 13 per cent decrease from the fourth quarter of 2011.Household net worth was up 1.8 per cent in the first quarter, led by gains in the value of household holdings of equities.Meanwhile, growth in household credit market debt slowed in the first quarter to 0.9 per cent as people borrowed less.</blockquote>

[QUOTE="klein, post: 984762, member: 23950"] [IMG]http://l1.yimg.com/dh/ap/ap/default/120617/money450.jpg[/IMG] [SIZE=6][COLOR=#16387c]Canadians' net worth at highest level since 2008[/COLOR][/SIZE] Each Canadian is now worth $193,500, a more than $2,000 increase over last quarter. By The Canadian Press OTTAWA - The country's net worth rose two per cent to $6.7 trillion in the first quarter, the largest quarterly growth rate since the third quarter of 2008, Statistics Canada reported Friday. That's equivalent to $193,500 per person, up from $190,200 in the previous quarter. The advance in national net worth was driven by higher asset values, as national wealth increased 1.5 per cent to $6.9 trillion, while net foreign debt was $0.2 trillion, a 13 per cent decrease from the fourth quarter of 2011. Household net worth was up 1.8 per cent in the first quarter, led by gains in the value of household holdings of equities. Meanwhile, growth in household credit market debt slowed in the first quarter to 0.9 per cent as people borrowed less. [/QUOTE]

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