By the first working day of the year, January 2 at 10:54 a.m., these 100 CEOs already made, on average, $62,661. It took the average Canadian worker all year long to earn that amount.
Following two blistering years of all-time high compensation, Canada’s 100 highest-paid CEOs pocketed $13.2 million, on average, in 2023—the third biggest haul since we’ve been tracking CEO pay. On average, these 100 CEOs were paid 210 times more than the average worker’s wage in 2023—from its high of over 240 times more pay in the previous two years. This ratio is the fourth highest since we’ve been tracking CEO pay.
Canadian Centre for Policy Alternatives
See full report: https://www.policyalternatives.ca/news-research/company-men/