List o’ Top 100 CEO Salaries in Canada (2008)

List of Top 100 CEO Salaries in CanadaAccording to a new survey by the Canadian Centre for Policy Alternatives, the average pay for the top 100 CEOs in this country is roughly 174 times what most regular workers earn in a year.

Translation: Canadians will work full-time throughout the year to earn the national average of $42,305. The top 100 CEOs pocket that amount by 1:01 p.m. on January 4 u0096 the first working day of the year. Have a look in this post for a who’s who in the zoo.

The List:

Over the past 15 years Canadau0092s top ten CEOs have seen a salary increase of 199 per cent. The top 10 earners collected a total of $60.7 million in 1995u0097by 2009, that number had jumped to $181.4 million. It almost makes you feel sorry for the lowly #100 on this list, who only collected a measly $3.2 mill for the year – well not really.

    Canada’s Top CEO Salaries: #1-10

  1. Thomas Glocer, Thomson Reuters Corp. $36.6 million.
  2. Ted Rogers, Rogers Communications Inc. $21.5 million.
  3. J. M. Lipton, Nova Chemicals Corp. $19.8 million.
  4. George Cope, BCE Inc. $19.6 million.
  5. Robert Brown, CAE Inc.$17.3 million.
  6. William Doyle, Potash Corp. of Saskatchewan $17 million.
  7. Hunter Harrison, Canadian National Railway Co. $13.4 million.
  8. Dominic D’Alessandro, Manulife Financial Corp. $13.3 million.
  9. Stephen Wetmore, Bell Aliant Regional Com. Income Fund $11.6 million.
  10. Serafino Iacono (co-chairman), Pacific Rubiales Energy Corp. $11.3 million.
  11. Canada’s Top CEO Salaries: #11-20

  12. Miguel de la Campa (co-chairman), Pacific Rubiales Energy Corp. $11.3 million.
  13. Jeffrey Orr, Power Financial Corp. $11.3 million.
  14. Jean Claude Gandur, Addax Petroleum Corp. $11.2 million.
  15. Edmund Clark, Toronto-Dominion Bank $11.1 million.
  16. Tye Burt, Kinross Gold Corp. $11.1 million.
  17. Frank Stronach (Chairman), Magna International Inc. $10.8 million.
  18. Louis Vachon, National Bank of Canada $10.5 million.
  19. Randall Eresman, EnCana Corp. $10.3 million.
  20. Gordon Nixon, Royal Bank of Canada $9.6 million.
  21. Ron Brenneman, Petro-Canada $9.2 million
  22. Canada’s Top CEO Salaries: #21-30

  23. Richard Waugh, Bank of Nova Scotia $9.2 million.
  24. Michael Wilson, Agrium Inc. $9.2 million.
  25. Gregory Wilkins, Barrick Gold Corp. $8.9 million.
  26. John A Manzoni, Talisman Energy Inc. $8.8 million.
  27. Allan Leighton, Loblaw Cos. Ltd./Weston $8.8 million.
  28. Kevin McArthur, Goldcorp Inc. $8.7 million.
  29. Craig H. Muhlhauser, Celestica Inc $8.7 million.
  30. Harold Kvisle, TransCanada Corp. $8.6 million.
  31. Eugene C. McBurney, (Chairman) GMP Corp. $8.3 million.
  32. Jim Shaw, Shaw Communications Inc. $8.2 million.
  33. Canada’s Top CEO Salaries: #31-40

  34. Richard George, Suncor Energy Inc. $8 million.
  35. Pierre Beaudoin, Bombardier Inc.$7.8 million.
  36. Richard J. Harrington, Thomson Reuters Corp. $7.8 million.
  37. D.A. Loney, Great-West Lifeco Inc. $7.3 million.
  38. Pierre Peladeau, Quebecor Inc. $7 million.
  39. James Kinnear, Pengrowth Energy Trust $6.9 million.
  40. Darren Entwistle, TELUS Corp. $6.9 million.
  41. Stephen Snyder, TransAlta Corp. $6.9 million.
  42. Donald Stewart, Sun Life Financial Inc. $6.6 million.
  43. Robert A. Milton, ACE Aviation Holdings Inc. $6.6 million.
  44. Canada’s Top CEO Salaries: #41-50

  45. Donald Lindsay, Teck Cominco Ltd. $6.5 million.
  46. Peter Munk, Barrick Gold Corp. $6.5 million.
  47. Patrick Daniel, Enbridge Inc. $6.5 million.
  48. William Downe, Bank of Montreal $6.4 million.
  49. Nancy Southern, Atco Ltd./Canadian Utilities Ltd. $6.3 million.
  50. Gerry McCaughey, Canadian Imperial Bank of Commerce $6.3 million.
  51. Jacques Lamarre, SNC-Lavalin Group Inc. $6.3 million.
  52. Charles Fischer, Nexen Inc. $6.2 million.
  53. Bruce Aitken, Methanex Corp. $5.9 million.
  54. Donald Walker, Magna International Inc.$5.9 million.
  55. Canada’s Top CEO Salaries: #51-60

  56. Jurgen Schreiber, Shoppers Drug Mart Corp. $5.9 million.
  57. Edward M. Siegel Jr., Russel Metals Inc. $5.8 million.
  58. Siegfried Wolf, Magna International Inc. $5.7 million.
  59. David Goodman, Dundee Wealth $5.6 million.
  60. Mario Longhi, Gerdau Ameristeel Corp. $5.6 million.
  61. Ronald Pantin, Pacific Rubiales Energy Corp. $5.5 million.
  62. Allen Chan, Sino-Forest Corp. $5.3 million.
  63. Geoffrey T. Martin, CCL Industries $5.3 million.
  64. Sean Boyd, Agnico-Eagle Mines Ltd. $5.3 million.
  65. Scott Saxberg, Crescent Point Energy Trust $5.3 million.
  66. Canada’s Top CEO Salaries: #61-70

  67. Ian Greenberg, Astral Media Inc. $5.3 million.
  68. Paul Desmarais Jr., Power Corp. of Canada $5.2 million.
  69. James Balsillie, Research in Motion Ltd. $5.2 million.
  70. Michael Lazaridis, Research in Motion Ltd. $5.2 million.
  71. Andre Desmarais, Power Corp. of Canada $5 million.
  72. Francois Coutu, Jean Coutu Group $4.9 million.
  73. Jay Hennick, FirstService Corp. $4.8 million.
  74. John Lau, Husky Energy Inc. $4.8 million.
  75. Frederic Green, Canadian Pacific Railway Ltd. $4.7 million.
  76. John Macken, Ivanhoe Mines Ltd. $4.7 million.
  77. Canada’s Top CEO Salaries: #71-80

  78. Steve Laut, Canadian Natural Resources Ltd. $4.6 million.
  79. Peter R. Jones, HudBay Minerals Inc. $4.6 million.
  80. Gerald Grandey, Cameco Corp. $4.6 million.
  81. Marc Tellier, Yellow Pages Income Fund $4.6 million.
  82. Mayo M. Schmidt, Viterra Inc. $4.5 million.
  83. Marvin F. Romanow, Nexen Inc. $4.5 million.
  84. M.H. McCain, Maple Leaf Foods Inc. $4.4 million.
  85. Keith A. Carrigan, BFI Canada Ltd. $4.4 million.
  86. Alain Bedard, TransForce Inc. $4.3 million.
  87. Wm. Wells, Biovail Corp. $4.3 million.
  88. Canada’s Top CEO Salaries: #81-90

  89. Gerald Schwartz, Onex Corp. $4.3 million.
  90. Raymond McFeetors, Great-West Lifeco Inc. $4.2 million.
  91. Ellis Jacob, Cineplex Galaxy Income Fund $4.1 million.
  92. Robert S Pritchard, Torstar Corp. $4.1 million.
  93. Michael Waites, Finning International Inc. $4.1 million.
  94. Stephen H. Sorenson, Uex Corp $4 million.
  95. B.H. March, Imperial Oil Ltd. $4 million.
  96. Charles Jeannes, Goldcorp Inc. $4 million.
  97. Luc Desjardins, Transcontinental Inc. $4 million.
  98. Stanley Marshall, Fortis Inc. $3.9 million.
  99. Canada’s Top CEO Salaries: #91-100

  100. Peter Marrone, Yamana Gold Inc. $3.9 million.
  101. Marcel Coutu, Canadian Oil Sands Trust $3.7 million.
  102. Kevin Loughrey, Thompson Creek Metals Co. Inc.$ 3.7 million.
  103. Thomas Gauld, Canadian Tire Corp. $3.6 million.
  104. Brett Herman, TriStar Oil & Gas Ltd. $3.6 million.
  105. S. Defalco, MDS Inc. $3.5 million.
  106. W.P. Buckley, ShawCor Ltd. $3.5 million.
  107. D.L. Rogers, Sears Canada Inc. $3.5 million.
  108. Edward Sonshine, RioCan REIT $3.4 million.
  109. Rupert Duchesne, Groupe Aeroplan Inc. $3.2 million.

*Source*

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3 Responses to "List o’ Top 100 CEO Salaries in Canada (2008)":

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