Friday, 5 January 2018

Report from the Canadian Centre for Policy Alternatives


On wages in Canada



 "For the 11th year in a row, we kicked off the new year by releasing our annual report on CEO compensation. This year’s report found that, in 2016, Canada’s 100 highest paid CEOs netted 209 times more than an average worker, up from 193 times more in 2015. The minimum wage for a CEO on our list jumped from $3.7 million in 2015 to $5.2 million in 2016, a raise of $1.5 million in a single year. On an hourly basis, that means the minimum wage for the richest CEOs rose $713.88 an hour to $2,489.62 an hour in 2016."

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