Archive for January, 2011

Toronto Star – “Academics critical of skyrocketing pay for CEOs” by Madhavi Acharya-Tom Yew (Published On Monday January 03 2011)

The total average compensation for Canada’s 100 best-paid CEOs was $6.64 million in 2009, compared to the average Canadian income of $42,988 and the average minimum wage worker’s income of $19,877.

The biggest pay package went to Aaron Regent at Barrick Gold Corp., who made $24.2 million in 2009, according to Mackenzie’s calculations. In second place was Hunter Harrison at Canadian National Railway Co., at $17.3 million, followed by Gerald Schwartz at Onex Corp., at $16.7 million.

http://www.thestar.com/business/article/914809–academics-critical-of-skyrocketing-pay-for-ceos

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