CEOs pocket more by Jan 2 than average worker does in the entire year

Today the Canadian Centre on Policy Alternatives released Timing is Everything: Comparing the earnings of Canada’s highest-paid CEOs and the rest of us by CCPA research associate Hugh Mackenzie.

The study finds that by 9:46AM on January 2nd Canada’s 100 highest-paid CEOs will have reaped, on average, $38,010 in pay. That equals the average annual earnings of workers in Canada.

By 6:00 they will have pocketed nearly $70,000.

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