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January 05, 2009

In case you missed it: Canda's 100 top CEOs averaged a 22 percent pay hike in 2008

That's a record increase, and it's not the only good news for the country's best-paid executives. For the first time, they talled $1 billion in average total earnings. These numbers come in the latest report from the Canadian Centre for Policy Alternatives.  At that rate, centre research associate Hugh Mackenzie calculates these blessed few pull in the average Canadian wage of $40,237 by 9:04 a.m. on Jan. 2.

I slipped up in not letting readers know at Christmas the Political Decoder would be on holiday until Jan. 12.  Today's post is for that purpose - and to cheer everybody up about how much money they aren't making.

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For a more grown-up(compared with CCPA)discussion on the topic, have a look at this:
http://www.tvo.org/podcasts/theagenda/audio/TAWSP_Dbt_20090107_779408_0_0x0_40k.mp3

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Political Decoder by Linda Diebel


  • Linda Diebel is a veteran political reporter who worked across Canada, including on Parliament Hill, and as the Toronto Star's bureau chief in both Washington and Latin America. She has written two books, Betrayed: The Assassination of Digna Ochoa, and Stéphane Dion: Against the Current.

    She's been described as "that mean Diebel person" by President George H.W. Bush and someone "with a good head on her shoulders" by Noam Chomsky. They're probably both right.

    Email: ldiebel@thestar.ca