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Why are personal bankruptcy rates higher in Canada than they are in the USA?

Question by grandma zaza: Why are personal bankruptcy rates higher in Canada than they are in the USA?
I thought Canada’s health care system saved their citizens from these types of things.

http://www.fraserinstitute.org/commerce.web/product_files/HealthInsuranceandBankruptcyRates.pdf

Read the link.

Best answer:

Answer by katmandu_85219
Canadians do not have as much money as Americans, I suppose.

What do you think? Answer below!


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