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Stock impact report

Posthaste: Check your watch — Canada's highest-paid bosses have already made more than many Canadians make all year [Yahoo! Finance Canada]

Canadian National Railway Company (CNI) 
Last canadian national railway company earnings: 4/27 04:01 pm Check Earnings Report
US:NYSE Investor Relations: cn.ca/en/investors
The numbers come from the annual report by the Canadian Centre for Policy Alternatives , which has been tracking CEO pay since 2007. Their report out today says these 100 executives took home $13.2 million on average in 2023, the third largest haul since tracking began. That's 210 times more than the average worker's wage , a gap that has swelled from 150 times in 2009. It might sound high, but it's not an all-time high. 2023's figures follow two record-breaking years for executive compensation. In 2021 and 2022 the pay of the 100 highest-paid CEOs spiked above $14 million for the first time in Canada, said the report. Corporate Canada also enjoyed higher profits in these years. “Apart from the pandemic recovery years, 2023 marked the highest CEO pay Canada has ever seen,” wrote David Macdonald, author of the report. In 2023, when the minimum wage in Ontario was $16.55, the minimum wage of the highest paid executives was $3,255 an hour. Patrick Dovigi of GFL Environmental Show less Read more
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