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USA is a richer nation than Canada.
Canada is richer per person than the USA. Canada has way more resources and less debt. Canada also has lower taxes. Self employed people in the USA pay "self employment" tax of 17,000k on the first 100k of income (then federal taxes, state taxes, local taxes, etc.). Canada has comparable federal tax rates (though higher provincial taxes vs. state taxes), but nothing like the 17k self employment tax. Not only are Canadians taxed less, they have healthcare that is worth at a minimum thousands of dollars per year.

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Wiki User

10y ago
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11y ago

Our connection to the British Empire, which gave us a great bureaucracy, democracy, and a willingness to work for the common good. That combined with many Natural Resources and being located next door to the worlds largest economy has resulted in much of our wealth.

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12y ago

Canada is super super rich its taxes like no other and has a huge supply of oil diamonds gold and nickel the country budget is around 12 trillion

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12y ago
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13y ago

Generally speaking, Canada is rich. They have many resources that other countries don't have.

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Wiki User

13y ago

it not poor like some but not rich like others

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13y ago

Have many resources other countries don't have.

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13y ago

Canada has many industries like fishing, oil, farming, mining and more. they also have a lot of forestry and many factories. they do a lot of world trade as well.

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RETH CHANVISOT

Lvl 2
3y ago

canada is a rich country

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Q: Why is Canada so rich?
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Does Canada have a rich middle and poor class?

Canada does have a middle rich and poor class. :)


What is Canada rich in?

Oil and Snow.


Was Canada a poor country?

Canada has always been a rich country. It has abundant land, and massive amounts of natural resources. Canada has a long history of plenty, and it's history is one of success following success. Canada is rich in many ways and it's one of the best places to live in the world. People want to live in Canada, because it has so much to offer, (although it can get cold in winter).


Where do rich people live in Canada?

Montreal mostly.....


What are Us main imports from Canada?

because Canada has some of the most rich natural resources in the world like oil and other thing that the US does not have

Related questions

How rich is Canada in wealth?

Well, Canada is part of the G8... so they must be pretty influential.


Is Canada rich person?

Canada is a country and yes, it is a rich country.


Does Canada have a rich middle and poor class?

Canada does have a middle rich and poor class. :)


What did Canada want?

england and frace competed the rich in canada


How do people migrate to Canada from over sea countries?

They went on a boat or an airplane [depending on how rich they were]. Another answer could be that someone that was living in Canada sponsored them so they could go to Canada.


The highest wages is given in which country Canada considered as rich country?

Canada is very rich but besides that what the hell are you saying?


What is Canada rich in?

Oil and Snow.


Can Canada keep its country?

yes canada can since its a very rich country


Was Canada a poor country?

Canada has always been a rich country. It has abundant land, and massive amounts of natural resources. Canada has a long history of plenty, and it's history is one of success following success. Canada is rich in many ways and it's one of the best places to live in the world. People want to live in Canada, because it has so much to offer, (although it can get cold in winter).


What were John Cabot achievements?

he found a rich fishing area off the coast of Canada. (You call that an answer?) (From, 969)


Is South Korea good?

i think south Korea is much better than north Korea i think the good country and so so rich people is south Korea Bangladesh India usa(rich and good) Canada


Where do rich people live in Canada?

Montreal mostly.....