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Canadian CEO pay: recession-proof, CCPA finds

A new study by the Canadian Centre for Policy Alternatives (CCPA) Research Associate Hugh Mackenzie shows Canada's best paid 100 CEOs appear to be recession-proof. The study looks at 2009 compensation levels for Canada’s best paid 100 CEOs and finds they pocketed an average of $6.6 million during the darkest period of the recession – a stark contrast from the total average Canadian income of $42,988.

At this rate of reward, this handful of elite CEOs pocket the equivalent of the average Canadian wage by 2:30 pm on January 3 – the first working day of the year. Read the report here.

More in Canada

The joy of giving

Science is now providing the evidence for what we have long held to be true: that it is better to give than to receive.

Amazing photos of September in Vancouver

Take a look back at September captured through the lenses of our VO Flickr Pool contributors.

A young Iranian helps Syrian refugees adjust to Canada

A young Iranian, himself, new to Canada reaches out to help Syrian refugees settle here. But with the war in Syria, tensions between Iranians and Syrians are rising. How will he succeed?
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