Canada’s Highest-Paid CEOs Shatter Records, Making an Average of $14.3M

Source: Sean Boynton Global News, Jan 03, 2023

Joe Natale, head of Telus, was the fifth-highest-paid executive with over $27.3 million.

Canada’s highest-paid CEOs and other top executives shattered records for compensation in 2021, according to a new report, earning an average of $14.3 million as soaring inflation began to take hold.

The average calculated in the report from the Canadian Centre for Policy Alternatives (CCPA), released Monday, far surpasses the previous record of $11.8 million in 2018 and is over 31 per cent higher than 2020.

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