alt Hacker News> Canada here. Feels like we're barely hanging on to rung 5 or 6 and about to fall to the bottom.
The Missing Middle podcast went into this in a recent episode, and it's age-dependent: older folks are happier (i.e., they have purchased homes), while younger folks are less happy (cost of living). We Canadians basically have age-dependent wealth-class nowadays.
The fact boomers have it so good yet our ranking is dropping like a rock tells you just how bad it is for the working class, especially those who don't have government jobs...