Top paid CEO list creates ‘flawed perspective’: Montreal Economic Institute [Video]

The annual list of Canada’s highest paid CEO’s has drawn criticism from a Montreal economic thinktank which suggests there is selective data being used to make a “big splash.”

The Canadian Centre for Policy Alternatives shows the top CEOs earning an average of $13.2 million per year, 210 times what an average Canadian worker makes.

The Montreal Economic Institute (MEI) does not dispute the salary figure, but suggests it doesn’t help paint a proper picture of worker-management relations.

Flawed perspective

The MEI said the CCPA’s report presents a “flawed perspective through selective use of data.”

The list includes, the MEI says, 0.008 per cent of Canadian companies and that they are among the most productive firms with the best compensated workers in the country.

“As with every other edition, this report makes a big splash but gives little substance to help guide good policy decisions,” said MEI vice-president Renaud Brossard. “By taking such a small sample, and only from the …