Via CBC News: Canada's top CEOs earn 193 times average worker's salary. Excerpt:
The compensation of Canada's highest-paid CEOs jumped seven per cent between 2014 and 2015, to a record high average of $9.5 million, according to a new study.
In a report published Tuesday, the Canadian Centre for Policy Alternatives looked at salary information from 249 TSX-listed companies. The think-tank then calculated numbers based on the 100 people at the top of that list.
According to the group, the richest 100 CEOs in Canada took in an average of $9.5 million in 2015, a figure that includes salaries, bonuses, share grants and stock options.
That's well ahead of the $49,510 the group says the typical full-year, full-time worker earned in 2015.
Based on 2015 earnings, Canada's 100 top CEOs will earn by 11:47 a.m. today what the average Canadian will make in a whole year.
The implications for public health are considerable: The wider the income gap between richest and poorest, the higher the stress on the poor and the greater the burden on everyone's health (even that of the rich).
