Chief executives at the largest listed companies in the U.S. earn 303 times more than the average industrial worker, according
Last year the CEO of Canadian Pacific, Hunter Harrison, received $49.2 million in compensation. The difference between regular employees' pay and CEO compensation has grown rapidly in recent years. According to the Canadian Centre for Policy Alternatives, in 1995 the top-paid CEOs received 85 times the earnings of average Canadians.
Canada's 100 highest-earning CEOs will have earned as much as the average Canadian earns in a year by 1:18 p.m. on Jan. 2
First, Canada was smacked down by Russia in the world junior semi-finals; for the first time since 2001, Canada would not play for the gold. Then we had a big smackdown in the blog rail between Vancouver doctor Reka Gustafson and contributor Miranda Frum over whether taxpayers should be paying for crack pipes. Just as the -- what? dust? powder? -- from that was settling, another smackdown started up when Kathryn Marshall of Ethical Oil accused environmental groups of receiving foreign backing to lobby against the Northern Gateway project, upon which hearings will begin this coming week. To which Rick Smith of Environmental Defence Canada replied, essentially, so what? So as you return to work, remember that things could be worse. Even in January. Even in January in Canada. You could be in Mexico...
We're seeing the beginning of a prolonged, multi-pronged attack on unionized workers by the Conservatives. Their anti-worker war machine is revving its engines. Sirens have sounded. The first missiles have been launched.