TORONTO – Canada’s 100 highest paid CEOs have set a new record: their total compensation in 2015 hit a new high at $9.5 million, on average, according to a new Canadian Centre for Policy Alternatives (CCPA) report. The report shows Canada’s 100 highest paid CEOs on the TSX index now…
10 Years of Executive Compensation Download 938.19 KB28 pages The CCPA has been tracking CEO pay in Canada for 10 years, and in that time we’ve found that little has changed. Despite public outrage over exorbitantly high compensation packages, CEO pay has continued unabated, weathering all kinds of economic storms,…
What does it mean to be a minimum wage earner in British Columbia? It means making $8 per hour—or as little as $6 if you’re getting the so-called “training wage”. If you work full-time, it means paydays that bring in at most $640 — and that’s before deductions. It means…
This is the season when we find ourselves particularly conscious of poverty and homelessness, but this year more so than usual. British Columbians are faced with the paradox of our current economy; we are experiencing solid economic growth and decades-low unemployment on the one hand, and record homelessness, persistent poverty,…
India rapidly re-emerging as a global economic power The Asian century has arrived. Just as China is now the world’s manufacturing center, India is fast becoming the main provider of its office services. India’s GDP was $800 billion in 2005 and has grown 8.1% a year since 2003 (a rate…
It will take more than one budget – hastily prepared – to fully appreciate the Conservatives’ master plan, but the Throne Speech, a fiscal update and Ministerial mandate letters tell us what we should be keeping our eye on. Finance Minister Friesen’s dire warnings about the size of the deficit…
BC Budget 2016 will be tabled tomorrow but we already know it will include a break on MSP premiums for some single parents, $50 million for new affordable housing initiatives this year (with funding also committed in each of the next four years), help for first-time home buyers, more resources for the long…
TORONTO—On the first working day of the New Year, Canada’s highest paid 100 CEOs are seriously power lunching: by 12:18 pm today, their average pay is already $48,636 — what it takes the average full-time, full-year worker all of 2016 to earn. In the Canadian Centre for Policy Alternatives’ (CCPA)…
CEO Pay in Canada Download 832.08 KB22 pages This report looks at the 2008-2014 compensation levels for Canada’s highest paid 100 CEOs and finds that the average pay of Canada’s top executives has been extraordinarily resilient, in good times and in bad. The review finds that the country’s top 100…
Yesterday, the provincial government released its 2015/16 Second Quarterly Report: an update on where provincial finances are at six months into the fiscal year and where the economy is heading. The news is not very good.
For many years, BC’s health care system escaped the austerity imposed on other parts of the public sector. No longer. While total dollars allocated to health care are still increasing somewhat, those increases are not sufficient to keep up with cost drivers in the system, leading to a real reduction in…
READ THE FULL REPORT HERE. TORONTO – October 1st marks the first year in which the Ontario government adjusts its provincial minimum wage to inflation, but the job is only half finished, says a study from the Canadian Centre for Policy Alternatives’ Ontario office (CCPA-Ontario). Raising the Bar: Revisiting the…