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An oil drilling rig in Norway. (gigishots/Getty Images/iStockphoto)
An oil drilling rig in Norway. (gigishots/Getty Images/iStockphoto)

Money matters

Carrick on money: In Norway, everyone’s a millionaire Add to ...

The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

In Norway, everyone’s a millionaire
OK, a millionaire in Norwegian kroner, equivalent to about $178,000 (Canadian). According to this article, Norway’s take from development of its oil resources is the equivalent of that amount for every citizen. The point made here is that Canada, specifically Alberta, hasn’t made out as well in its dealings with the energy industry.

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More money
Join the 35,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I’m also on Twitter.

Follow on Twitter: @rcarrick

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