CEO COMPENSATION

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Canadian CEOs' Pay Soars

CEO pay in Canada grew at nearly four times the pace of average earnings in 2013, according to data from Global Governance Advisers, cited at the CBC and Globe and Mail. The median total pay for a CEO...
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Canada's CEOs Are Among the Fattest Cats

After the US, Canada has the second highest CEO-to-worker pay ratio. Last year, for instance, the CEO of BCE, George Cope, received $11.1-million in compensation. This staggering sum is nearly 200 times more than what a Bell Canada technician in Toronto makes and 2,000 times the pay of an Indian call-centre worker who responds to Bell customers.

Why Are CEOs Making So Much More Than Their Workers?

Taken as a whole, very high CEO to worker pay ratios can signal systemic wealth disparity. CEO pay has been outstripping executive and worker pay year over year by a wide margin because of structural issues related to "peer group benchmarking" (the very way CEOs are paid). This structural pay inequity is unrelated to CEO performance.
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Barrick's Golden Exec Compensation Is at Your Expense

Pension fund managers will go into Barrick's annual meeting in Toronto on Wednesday April 24 to oppose executive John Thornton's bonus payment of $11.9-million. They also are expected to vote against the re-election of board members who recommended the payment. The way executives at Barrick are enriching themselves -- while most Canadians have a hard time economically -- offers an excellent opportunity for public interest groups and the public to pressure the business community and government to bring executive compensation back under control.
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What CEOs can Learn from Left-Wing Think-Tanks

The Canadian Centre for Policy Alternatives (CCPA) put on a clinic in public and media relations when it released its report on CEO pay. While many of the titans of commerce were heli-skiing, jetboating, or lounging on private islands, the CCPC had the news media mostly to itself. And boy did it capitalize.