Being at the top means making top dollar but these numbers are HUGE and reflect the growing separation between the average guy and the top dog!

The top 100 highest-paid CEOs in Canada now make, on average, $9.2 million—more than 190 times the average Canadian income of $47,358. With Onex CEO Gerry Schwartz (pictured below) taking the number-one spot on the list this year with a total pay package of $87.9 million, many of our CEOs are paid many times more than that.

One thing that hasn’t changed is the payment mix, which still skews heavily toward “other”—non-salary payments such as cash bonuses, share and options awards, pension contributions and other compensation.

gerry

So without further hesitation, are you ready for the numbers? From #1 to #100, they are here.  Enjoy and we don’t know what to say….get motivated?!!

Rank Name Company Base Salary Other Compensation* Total
1 Gerald W. Schwartz Onex Corporation $1,339,611 $86,577,415 $87,917,026
2 Nadir Mohamed Rogers Communications Inc. $1,130,769 $25,639,204 $26,769,973
3 Michael M. Wilson Agrium Inc. $1,507,200 $22,311,540 $23,818,740
4 Donald J. Walker Magna International Inc. $334,903 $19,222,697 $19,557,600
5 Steven K. Hudson (partial year) Element Financial Corp $660,000 $18,205,028 $18,865,028
6 JR Shaw (Exec Chair) Shaw Communications, Inc. $1,500,000 $15,880,532 $17,380,532
7 Robert Dépatie (partial year) Quebecor Inc $1,200,000 $13,621,147 $14,821,147
8 Gordon M. Nixon Royal Bank of Canada $1,500,000 $12,538,877 $14,038,877
9 Doug Suttles Encana Corporation $562,830 $13,211,265 $13,774,095
10 Paul Colborne Surge Energy Inc - $13,675,941 $13,675,941
11 Steven W. Williams Suncor Energy Inc. $1,291,346 $11,710,384 $13,001,730
12 Bradley Nullmeyer (President) Element Financial Corp $548,000 $12,397,984 $12,945,984
13 Scott Saxberg Crescent Point Energy Corp. $508,800 $12,276,474 $12,785,274
14 Donald Guloien Manulife Financial Corporation $1,216,641 $11,546,908 $12,763,549
15 Bradley Shaw (CEO) Shaw Communications, Inc. $2,500,000 $9,926,854 $12,426,854
16 Mark Thierer Catamaran Corporation $1,030,470 $11,393,965 $12,424,435
17 W.P. Buckley ShawCor Ltd $900,000 $11,245,345 $12,145,345
18 Richard E. Waugh (partial year) The Bank of Nova Scotia $1,500,000 $9,705,612 $11,205,612
19 R. Jeffrey Orr Power Financial Corporation $4,134,000 $7,047,444 $11,181,444
20 George A. Cope BCE Inc. $1,400,000 $9,563,448 $10,963,448
21 Peter Marrone Yamana Gold, Inc. $1,521,598 $9,187,220 $10,708,818
22 Edmund Clark The Toronto-Dominion Bank $1,500,000 $8,936,884 $10,436,884
23 Charles A. Jeannes Goldcorp Inc. $1,500,880 $8,699,534 $10,200,414
24 Darren Entwistle TELUS Corporation $1,375,000 $8,752,702 $10,127,702
25 Gerald T. McCaughey Canadian Imperial Bank of Commerce $1,500,000 $8,516,000 $10,016,000
26 Donald R. Lindsay Teck Resources Limited $1,450,000 $8,439,974 $9,889,974
27 Geoffrey T. Martin CCL Industries Inc $864,483 $8,766,413 $9,630,896
28 Harold N. Kvisle Talisman Energy Inc. $1,299,996 $8,243,523 $9,543,519
29 William A. Downe Bank of Montreal $1,279,375 $8,213,050 $9,492,425
30 Sean Boyd Agnico Eagle Mines Limited $1,500,000 $7,896,170 $9,396,170
31 Steve W. Laut Canadian Natural Resources Limited $620,000 $8,628,828 $9,248,828
32 Brian C. Ferguson Cenovus Energy Inc. $1,337,500 $7,907,274 $9,244,774
33 Thorsten Heins BlackBerry Limited $999,973 $8,056,039 $9,056,012
34 J. Paul Rollinson Kinross Gold Corporation $1,162,617 $7,772,593 $8,935,210
35 Michael E. Roach CGI Group, Inc. $1,250,000 $7,567,520 $8,817,520
36 Russell Girling TransCanada Corp. $1,300,008 $7,400,001 $8,700,009
37 James C. Smith Thomson Reuters Corporation $1,597,229 $6,858,576 $8,455,805
38 Dean A. Connor Sun Life Financial Inc. $988,462 $7,414,650 $8,403,112
39 Craig H. Muhlhauser Celestica Inc $1,000,000 $7,328,723 $8,328,723
40 Claude Mongeau Canadian National Railway Company $1,055,648 $7,173,984 $8,229,632
41 Asim Ghosh Husky Energy Inc. $1,642,250 $6,550,239 $8,192,489
42 Jamie C. Sokalsky Barrick Gold Corporation $1,400,677 $6,572,028 $7,972,705
43 Miguel de la Campa (Exec. Co-Chair) Pacific Rubiales Energy Corp. $995,118 $6,959,680 $7,954,798
44 Alain Bouchard Alimentation Couche-Tard Inc. $1,312,500 $6,615,846 $7,928,346
45 Serafino Iacono (Exec. Co-Chair) Pacific Rubiales Energy Corp. $995,118 $6,925,436 $7,920,554
46 Ronald Pantin (CEO) Pacific Rubiales Energy Corp. $995,118 $6,918,861 $7,913,979
47 Jose Francisco Arata (President) Pacific Rubiales Energy Corp. $946,288 $6,939,563 $7,885,851
48 Paviter S. Binning George Weston Limited $1,000,000 $6,885,668 $7,885,668
49 Calin Rovinescu Air Canada $1,400,000 $6,417,369 $7,817,369
50 André Desmarais (Co-CEO) Power Corporation of Canada $1,100,000 $6,639,900 $7,739,900
51 Paul Desmarais, Jr. (Co-CEO) Power Corporation of Canada $1,100,000 $6,558,762 $7,658,762
52 Louis Vachon National Bank of Canada $1,000,009 $6,618,494 $7,618,503
53 Pierre Karl Péladeau (partial year) Quebecor Inc $1,083,333 $6,344,803 $7,428,136
54 Stephen G. Wetmore Canadian Tire Corp. Ltd. $1,250,000 $6,177,375 $7,427,375
55 Paul N. Wright Eldorado Gold Corp. $1,514,000 $5,904,600 $7,418,600
56 J. Michael Pearson Valeant Pharmaceuticals International, Inc. $1,803,323 $5,407,632 $7,210,955
57 E. Hunter Harrison Canadian Pacific Railway Limited $2,266,718 $4,939,646 $7,206,364
58 Brian Porter (partial year) The Bank of Nova Scotia $800,000 $6,250,000 $7,050,000
59 Paul A. Mahon Great-West Lifeco Inc. $800,077 $6,194,780 $6,994,857
60 Robert Sawyer RONA Inc $604,811 $6,007,445 $6,612,256
61 William J. Doyle Potash Corp. of Saskatchewan, Inc. $1,294,889 $5,270,722 $6,565,611
62 H. Stanley Marshall Fortis Inc. $1,200,000 $5,325,052 $6,525,052
63 Frank Hasenfratz (Chairman) Linamar Corp $424,580 $6,020,172 $6,444,752
64 John Floren Methanex Corporation $750,250 $5,528,457 $6,278,707
65 Pierre Beaudoin Bombardier Inc. $1,401,851 $4,786,429 $6,188,280
66 Linda Hasenfratz (CEO) Linamar Corp $576,660 $5,547,352 $6,124,012
67 Randy V.J. Smallwood Silver Wheaton Corp. $871,963 $5,158,727 $6,030,690
68 David L. French Bankers Petroleum Ltd $391,000 $5,478,630 $5,869,630
69 Nancy C. Southern Canadian Utilities and ATCO $1,000,000 $4,691,339 $5,691,339
70 J. Bruce Flatt Brookfield Asset Management Inc. $515,235 $5,169,718 $5,684,953
71 L. Scott Thomson Finning International Inc. $467,308 $5,174,014 $5,641,322
72 Robert G. Card SNC-Lavalin Group Inc. $934,622 $4,694,968 $5,629,590
73 Paul Reynolds Canaccord Genuity Group Inc $750,000 $4,850,243 $5,600,243
74 Jay S. Hennick FirstService Corp/Canada $1,692,974 $3,809,140 $5,502,114
75 Al Monaco Enbridge Inc. $1,030,000 $4,411,495 $5,441,495
76 Edward Sonshine Riocan Real Estate Investment Trust $1,200,000 $4,172,814 $5,372,814
77 Rich Kruger Imperial Oil Ltd. $590,905 $4,686,638 $5,277,543
78 Vincente Trius (President) Loblaw Companies Limited $1,000,000 $4,264,471 $5,264,471
79 M.H. McCain Maple Leaf Foods Inc $1,018,142 $4,221,593 $5,239,735
80 Mark Davis Chemtrade Logistics Income Fund $700,000 $4,532,591 $5,232,591
81 José Boisjoli BRP Inc/CA $925,000 $4,299,403 $5,224,403
82 Marcel R. Coutu Canadian Oil Sands Limited $880,000 $4,314,930 $5,194,930
83 Marigay McKee (President of Saks Fifth Ave.) Hudson’s Bay Co $171,667 $4,999,994 $5,171,661
84 Gerald S. Panneton (partial year) Detour Gold Corp $651,671 $4,431,869 $5,083,540
85 Glenn J. Chamandy Gildan Activewear Inc. $849,219 $4,141,835 $4,991,054
86 John M. Cassaday Corus Entertainment Inc $955,325 $3,981,292 $4,936,617
87 Alain Bédard TransForce Inc $1,050,000 $3,843,619 $4,893,619
88 Robert A. Gannicott (CEO) Dominion Diamond Corp $1,016,135 $3,803,292 $4,819,427
89 Christopher G. Huskilson Emera Incorporated $871,635 $3,894,545 $4,766,180
90 David Roberts Penn West Petroleum Ltd. $400,000 $4,350,199 $4,750,199
91 Galen G. Weston (Exec. Chair) Loblaw Companies Limited $1,000,000 $3,721,872 $4,721,872
92 Tim Gitzel Cameco Corporation $918,000 $3,802,325 $4,720,325
93 Charles Brindamour Intact Financial Corporation $849,808 $3,754,751 $4,604,559
94 Stephen A. MacPhail CI Financial Corp $750,000 $3,826,000 $4,576,000
95 David Demers Westport Innovations Inc $700,000 $3,801,100 $4,501,100
96 James Riddell Trilogy Energy Corp - $4,486,841 $4,486,841
97 David Fesyk Inter Pipeline Ltd. $650,000 $3,831,450 $4,481,450
98 Pierre J. Blouin Manitoba Telecom Services Inc $850,000 $3,425,750 $4,275,750
99 James L. Bowzer Baytex Energy Corp. $575,000 $3,660,300 $4,235,300
100 Thomas J. Simons Canadian Energy Services & Technology Co $400,000 $3,739,266 $4,139,266

SOURCE: CANADIAN BUSINESS, Onex

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