The pay gap between the top executives and the average workers in Canada was at its widest in the year 2022, according to a recent report from the Canadian Centre for Policy Alternatives (CCPA).
Canada’s top 100 CEOs in 2022 made 246 times more than the average worker, according to the report. That’s an all-time high, says CCPA.
While these executives were paid an average of $14.9 million in 2022, the average worker got an average of $60,600 that year, found the report based on data from 234 companies.