The big bosses canadians earn more than 200 times the average wage

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From 2015 to 2016, the average compensation of ceos has registered an increase of 8%, rising from 9.6 million to $ 10.4 million.

One hundred bosses canadians the better-paid have earned, on average, $ 10.4 million, or 209 times the average income in 2016, according to the report research institute released on Tuesday.


The canadian Centre for policy alternatives (CCPA) has estimated that the incomes of these ceos have reached “a new high since the global recession of 2008,” which had been triggered by the financial crisis of ” subprime “.


The share of wages in compensation of these one hundred p.-d. g. is only 11 % when she was still 14 % in 2008, due to the swelling of the bonuses and sales of the shares received in compensation.


The report also reveals that shortly after 11 p.m. Tuesday, the p.-d. g. canadian the better-paid have already earned the average annual salary of an employee who is 49 738 canadian dollars, ” the sooner ever seen since the CCAC is tracking these data.”


“To earn this amount, an average worker would have to work full-time year-round,” noted the report.


From 2015 to 2016, the average compensation of ceos has registered an increase of 8 %, rising from 9.6 million to $ 10.4 million.


This is the boss of the pharmaceutical company Valeant, Joseph Papa, who was the best paid in 2016 with $ 83.1 million dollars, in only eight months.


Joseph’s Dad had taken control in may 2016 the laboratory entangled in financial difficulties and whose stock price had risen from 257 dollars in mid-2015 to less than $ 10 last spring.


In the second rank Don Walker, p.-d. g. of the automotive supplier Magna International, is far behind Mr. Dad with $ 28.6 million. Then comes the leader of the group telecom, Rogers Communications, Guy Laurence, with 24.6 million.


“Senior business executives are among those in Canada who are the highest against a new minimum wage to 15 dollars an hour,” said the author of the report of the CCAC, David Macdonald.