As many Canadians nurse their post-New Year's Eve hangovers and
ponder what further economic storms await, Canada's top corporate
executives can take some comfort in knowing they have already earned as
much as the average worker will earn in all of 2009.
A new analysis by the left-leaning Canadian Centre for Policy
Alternatives concludes the country's richest corporate executives will
have pocketed an average of $40,237 by 9:04 a.m. Friday morning.
"By the time your computer has finished booting up on your first day
back after the New Year's holiday, the average CEO would have already
banked what took the average Canadian worker an entire year's worth of
work to earn," the report states.
Yes, they're important. Their decisions do make or break enterprises that employ thousands. But is their work really hundreds of times more valuable than any of those people's? That's very very questionable.