They made multiple times more than the average Canadian salary in 2021
Canada's highest paid Chief Executive Officers are raking in more as time goes by.
The Canadian Centre for Policy Alternatives says the country's 100 highest-paid C-E-O's made an average of $14.3-million in 2021, smashing the previous record of 11.8-million set in 2018.
Report author and senior economist David Macdonald says the 100 C-E-O's, who are mostly men, made 243 times the average Canadian worker's salary in 2021, again beating 2018's record of 227 times.
Most of the money these C-E-O's made was not from their salary, but from so-called variable compensation, which includes bonuses, stock options and shares.
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