Canada’s new gilded age: CEO pay in Canada in 2022

The opinions and recommendations in this report, and any errors, are those of the authors, and do not necessarily reflect the views of the funders of this report. [...] It takes just over eight hours in the new year for the top 100 CEOs to clock in an average of $60,600—what the average worker in Canada makes in an entire year. [...] The average and minimum threshold pay aren’t inflation adjusted and it’s worth comparing the pay of CEOs to that of the average worker. [...] Does it pay off to have the top-paid CEO? The average top 100 CEOs’ pay in 2022 was propped up by the single highest- paid CEO, although the highest-paid CEO earned less than the highest paid CEO did in 2015. [...] The clock starts at the beginning of the calendar year when the CEO topped the richest 100 CEO list.