Skip to Main content

13.87°^C Vancouver

News Entertainment Sports Videos Shows Podcast Contact Us

Jan 2, 2025 8:18 PM - Connect Newsroom

Canada's 100 Richest CEOs Earn 210 Times More Than Average Worker

Share On

canadas-100-richest-ceos-earn-210-times-more-than-average-worker

To address income inequality, the report recommends introducing a wealth tax on Canadians earning more than $10 million annually, which could generate $32 billion in government revenue each year.

Canada’s 100 richest CEOs earned 210 times more than the average Canadian worker in 2023, according to a report by the Canadian Centre for Policy Alternatives.

The report states that these top CEOs earned an average of $13.2 million in salary, bonuses, and other compensation in 2023, compared to the average Canadian worker's income of $66,661. This disparity has grown significantly since 1998, when it was 104 times.

2023 marked the third-highest year for CEO pay, with Patrick Dovigi of GFL Environmental leading the list. The report highlights a gender gap, as only three women made it onto the list of top-earning CEOs.

To address income inequality, the report recommends introducing a wealth tax on Canadians earning more than $10 million annually, which could generate $32 billion in government revenue each year.

Latest news

AlbertaSep 22, 2026

Alberta Government Suspends Fuel Tax Until Year-End

The Alberta government is suspending the province’s fuel tax for the rest of the year. Premier Danielle Smith made the announcement Tuesday while addressing business leaders in Calgary. Smith said the average price of Western Texas Intermediate (WTI) crude was $90.54 per barrel last month, triggering a full suspension of the 13-cent-per-litre provincial fuel tax for the quarter beginning October 1. The province had previously suspended its fuel relief program during the last quarter. However, Smith said Albertans had told the government they would prefer to receive the savings directly at th

b-c-premier-david-eby-calls-early-provincial-election

B.C. Premier David Eby Calls Early Provincial Election

B.C. Premier David Eby has formally called a provincial election after meeting with Lieutenant Governor Wendy Cocchia and requesting the dissolution of the legislature. The election is being held two years ahead of schedule. The next provincial election had originally been set for October 21, 2028. The announcement also cancels the Abbotsford-Mission byelection scheduled for September 26, as the riding will now be contested as part of the provincewide general election. The seat had been vacated by B.C. Conservative MLA Rian Gaspar to allow former party leader Kerry-Lynne Findlay to run in the

B.C. MLA Brent Chapman Leaves Conservatives, Joins OneBC Party

Party-switching intensifies in B.C. as Surrey South MLA Brent Chapman leaves the B.C. Conservatives and joins the OneBC Party. Chapman, who is the husband of former B.C. Conservative leader Kerry-Lynne Findlay, had been facing continued pressure within the party over controversial social media comments from his past. In a statement, Chapman said he had been a loyal party member for the past 15 years, but recent internal divisions, publicly exposed disagreements and what he described as a decline in the party’s principles had made it difficult for him to remain with the B.C. Conservatives. On

b-c-premier-david-eby-meets-lieutenant-governor-wendy-cocchia

B.C. Premier David Eby Meets Lieutenant Governor Wendy Cocchia

B.C. Premier David Eby has met with Lieutenant Governor Wendy Cocchia. Eby is scheduled to hold a press conference at 12:15 p.m. at Government House in Victoria, where he is expected to formally announce a provincial election. The election is being called with about two years remaining in the current term of the B.C. NDP government. Eby had indicated that he was considering an early election amid recent turmoil within the opposition Conservative Party, a change in leadership and the NDP government's narrow one-seat majority in the legislature. According to Elections B.C.'s anticipated electio

CanadaSep 22, 2026

Canada’s NDP Opposes Federal Plan to Allow Private Investment in Major Airports

Canada’s federal NDP is opposing the federal government’s plan to allow private investment in the country’s airports. NDP Leader Avi Lewis has described the Carney government’s proposal as privatization, arguing that calling it anything else is misleading to the public. Speaking outside the House of Commons alongside party members and labour union leaders, Lewis warned that handing over the operations of Canada’s four largest airports in Toronto, Montreal, Calgary and Vancouver to private investors could lead to higher passenger fees. Lewis said the plan amounts to privatization beca

Related News

Canada’s NDP Opposes Federal Plan to Allow Private Investment in Major Airports

Canada’s NDP Opposes Federal Plan to Allow Private Investment in Major Airports

Canada’s federal NDP is opposing the federal government’s plan to allow private investment in the country’s airports. NDP Leader Avi Lewis has described the Carney government’s proposal as privatization, arguing that calling it anything else is misleading to the public. Speaking outside the House of Commons alongside party members and labour union leaders, Lewis warned that handing over the operations of Canada’s four largest airports in Toronto, Montreal, Calgary and Vancouver to private investors could lead to higher passenger fees. Lewis said the plan amounts to privatization beca

Belleville Synagogue Shooting: 29-Year-Old Suspect Dies in Hospital

Belleville Synagogue Shooting: 29-Year-Old Suspect Dies in Hospital

A 29-year-old suspect, identified as Sean Ward, has died in hospital following a shooting outside the Sons of Jacob Synagogue in Belleville, Ont. The incident happened Sunday evening as members of the Jewish community gathered inside the synagogue for prayers marking Yom Kippur. At around 7:10 p.m., the suspect allegedly opened fire with a shotgun at a police officer stationed outside the synagogue. The suspect was critically injured during an exchange of gunfire and was taken to hospital in serious condition. Police said approximately 20 to 30 rounds were fired during the confrontation, with

Canada Moves to Extend Gas and Diesel Tax Relief Until January 2027

Canada Moves to Extend Gas and Diesel Tax Relief Until January 2027

Canada’s Finance Minister François-Philippe Champagne has introduced Bill C-38 in Parliament to extend the federal excise tax relief on gasoline and diesel until January 31, 2027. Under the proposed legislation, Canadians will continue to receive the full tax relief of 10 cents per litre on gasoline and 4 cents per litre on diesel until the end of January. According to Champagne, the measure will save drivers about $5 on every 50-litre tank of fuel. From February 1 to March 31, 2027, the tax relief will be reduced by half, with the federal fuel excise tax returning to its full rate on April

Legals

Journalism code of ethics

© 2021 AKASH Broadcasting Inc.

MANAGED BY STRATWIT

useful links

Accessibility Plan

Broadcasting Notice of Consultation

BC Children's Hospital