Canada’s 100 highest-paid CEOs make 246 times more than the average worker

According to a report by the Canadian Centre for Policy Alternatives (CCPA), the yearly earnings of Canada’s 100 highest-paid CEOs have soared to a record average of $14.9-million in 2022, 246 times more than the average worker. This represents an increase of 33% from 2018.

These trends in CEO pay are expected to continue due to high profits and inflation.

“By 9:27 a.m. on January 2, Canada’s top CEOs would have already made $60,600 while the average Canadian worker will toil all year long to earn that amount of pay.”

By 9:27 a.m. today the average top Canadian CEO has already made the average Canadian worker's annual salary. pic.twitter.com/f4n5jYyNZY

— @policyalternatives (@ccpa) January 2, 2024

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