List of Top 5 Highest Paid CEOs in Canada (2008) – Numbers Broken Out

List of Top Five CEO Earnings in CanadaThis is the only intro you will need to understand the BIG GAP in earnings from the top to the bottom:

Avg. Cdn. CEO compensation 2008: $7,352,895
Avg. Cdn. compensation 2008: $42,305

Sure – we know this -intellectually – but there is still the sticker shock – you know, the WHOA! factor – when it is in black and white.


By the time most Canadians roll up their sleeves to begin a new year of work, Canada’s best paid 100 CEOs will already be having a good year: they’ll pocket the national average wage of $38,998 by 10:33 am January 2nd. And they will continue to earn the average Canadian wage every nine hours and 33 minutes for the rest of the year, according to studies done by the Canadian Centre for Policy Alternatives (CCPA).

List of Top Ten Highest Paid Canadian CEOs - highest salaries

5. Robert Brown: CEO CAE Inc

Company: CAE Inc. FY end March 08
Base salary: $1,030,000
Bonus: $4,496,000
Shares: $5,815,250
Options: $2,299,553
Pension: $3,503,000
Other: $149,341
Total: $17,293,144

4. George Cope: CEO BCE Inc

Company: BCE Inc.
Base salary: $959,327
Bonus: $3,265,000
Shares: $11,250,000
Options: $3,750,000
Pension: $185,463
Other: $141,555
Total: $19,551,345

3. J. M. Lipton: CEO Nova Chemicals Corp

Company: Nova Chemicals Corp
Base salary: $1,332,518
Bonus: $3,091,441
Shares: $6,396,086
Options: -
Pension: $8,457,853
Other: $475,346
Total: $19,753,245

2. Ted Rogers (deceased): CEO Rogers Communications Inc

Company: Rogers Communications Inc.
Base salary: $1,592,067
Bonus: $2,388,101
Shares: -
Options: $2,700,438
Pension: $190,512
Other: $14,613,590
Total: $21,484,708

1. Thomas Glocer: CEO Thomson Reuters

Company: Thomson Reuters Corp.
Base salary: $1,499,271
Bonus: $3,027,497
Shares: $28,169,591
Options: $1,937,512
Pension: -
Other: $1,961,362
Total: $36,595,233

*Source*

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