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Top 100 Canadian CEOs now earn 248 times more than the average Canadian worker: Report
The average pay for the top 100 Canadian CEOs reached $16.2 million in 2024, 248 times that of average workers, prompting renewed calls for higher taxes on the wealthy.
- A new CCPA report published Jan. 2, 2026 found the top 100 Canadian CEOs earned an average of $36.9 million in 2024, creating a record pay gap of 248 times the average Canadian worker's pay.
- Corporate profits of $630 billion in 2024 helped drive payouts, as executive compensation structures shifted toward stock and options after the 2021 stock-option rule change, David Macdonald said.
- Among top Canadian CEOs, the average pay reached $16.2 million in 2024, with some earning over $70 million, highlighting a record pay gap, as reported on Jan. 2, 2026.
- A proposed wealth tax could raise over $20 billion a year, but past attempts to tax high earners drew fierce criticism and Prime Minister Mark Carney cancelled the capital-gains measure last March.
- Highest marginal tax rates now run around 50 per cent depending on province, compared with near 80 per cent in the 1950s and 1960s, and the smaller 2021-era tax measure remains in place.
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The top 100 CEOs in the country earned 248 times as much as the average worker in 2024, according to a study by the Canadian Centre for Alternative Policy.
·Montreal, Canada
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Winnipeg Free Press+11 Reposted by 11 other sources
Canada's highest-paid CEOs made an average of $16.2 million in 2024: report
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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On average, the top-paid management club holds an average of 16.2 million per year.
·Montreal, Canada
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Total News Sources30
Leaning Left11Leaning Right1Center7Last UpdatedBias Distribution58% Left
Bias Distribution
- 58% of the sources lean Left
58% Left
L 58%
C 37%
Factuality
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