Top CEOs earn 189 times average Canadian wage

The highest paid CEOs have gained more ground in Canada, and are now making 189 times the average Canadian wage, according to a new report.

The 100 highest paid chief executives whose companies are listed on the S&P/TSX composite index made an average of $8.38 million in 2010, according to figures pulled from circulars by the Canadian Centre for Policy Alternatives, a left-leaning think-tank.

That's 189 times higher than the $44,366 an average Canadian made working full time in 2010, the report says.

And it's a 27 per cent raise from the $6.6 million average compensation for the top 100 CEOs in 2009.

full: http://www.cbc.ca/news/canada/story/2012/01/03/business-ceo-pay.html