Fred Green, ex-CEO Canadian Pacific Railway - Date/Photographer unknown.

1 January 2013

Top 100 CEOs in Canada Earned $7.7 Million on Average

Ottawa Ontario - By the end of the lunch hour on 2 Jan 2013, the highest paid chief executive officers in Canada will have earned as much as the average Canadian makes all year, a new survey of CEO pay shows.
 
The top 100 CEOs in Canada earned $7.7 million on average in 2011, the latest data collected by an Ottawa-based think tank found.
 
In comparison, the average industrial wage was $45,488, the Canadian Centre for Policy Alternatives notes.
 
Fred Green, who was CEO at Canadian Pacific Railway in 2011, got $5.3 million before being ousted the following year in a proxy battle launched by activist shareholder Bill Ackman.
 
Dana Flavelle.
 
Editor's Note:  Article abridged, non-railway information removed.

Vancouver Island
British Columbia
Canada