Canada now has the world’s wealthiest middle class

Global Business

Canada’s middle class are now the wealthiest in the world, pushing Americans out of the top spot, according to a new report. Research by the New York Times found that median disposable income, the amount of money available to spend after tax, has largely stagnated in the U.S. over the past decade. Meanwhile, Canadians enjoy better social mobility thanks to universal healthcare and cheaper education. CCTV’s Kristiaan Yeo Reports from Toronto.

Follow Kristiaan Yeo on Twitter: @ThatsTheLatest

Canada now has the world\'s wealthiest middle class

Canada now has the world\'s wealthiest middle class

Canada's middle class are now the wealthiest in the world, pushing Americans out of the top spot, according to a new report. Research by the New York Times found that median disposable income - that's the amount of money available to spend after tax has largely stagnated in the U.S. over the past decade. Meanwhile, Canadians enjoy better social mobility thanks to universal healthcare and cheaper education. CCTV's Kristiaan Yeo Reports.
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