Go to the Globe and Mail homepage

Jump to main navigationJump to main content

 

Table

Executive Compensation: Rankings for Canada's top earners Add to ...

Follow us on Twitter: @Globe_Careers

Click the 'view full table' link underneath this table or download it as a csv file to see more columns.
Click on any column header to sort the table by that column.

Rank Name Organization Name Ticker Base Salary Bonus All Other Compensation Share-Based Awards Option-Based Awards Pension Value Total Reported Compensation
1 J. Michael Pearson Valeant Pharmaceuticals International, Inc. VRX-T $1,561,643 $2,964,894 $13,802,664 $12,038,730 $5,950,910 $0 $36,318,841
2 Bradley Shaw (1) Shaw Communications, Inc. SJR.B-T $2,393,940 $4,675,000 $191,426 $825,000 $0 $7,765,970 $15,851,336
3 Donald J. Walker Magna International, Inc. MG-T $307,192 $6,853,945 $378,444 $3,426,972 $3,874,532 $0 $14,841,085
4 Gerald W. Schwartz Onex Corporation OCX-T $1,286,149 $12,851,496 $0 $0 $0 $0 $14,137,644
5 Robert Friedland # Ivanhoe Mines Ltd. IVN-T $890,411 $920,091 $0 $0 $10,767,310 $0 $12,577,811
6 Peter Marrone Yamana Gold, Inc. YRI-T $1,285,456 $4,311,838 $100,352 $5,631,299 $0 $1,091,517 $12,420,462
7 William A. Downe Bank of Montreal BMO-T $1,026,250 $1,150,000 $12,069 $5,400,000 $2,300,000 $1,531,923 $11,420,242
8 Edmund Clark The Toronto-Dominion Bank TD-T $1,500,000 $1,960,000 $105,696 $5,210,010 $2,605,024 $0 $11,380,730
9 Charles A. Jeannes Goldcorp Inc. G-T $1,400,457 $4,862,554 $133,019 $2,697,884 $1,719,687 $510,167 $11,323,770
10 Gordon M. Nixon Royal Bank of Canada RY-T $1,476,712 $1,750,000 $44,417 $5,137,500 $1,712,500 $1,050,000 $11,171,129
11 Richard E. Waugh The Bank Of Nova Scotia BNS-T $1,500,000 $1,400,000 $1,196 $3,858,000 $3,858,000 $0 $10,617,196
12 Gerald T. McCaughey Canadian Imperial Bank of Commerce CM-T $1,500,000 $3,404,000 $0 $4,146,000 $960,000 $591,000 $10,601,000
13 Darren Entwistle TELUS Corporation T-T $1,300,000 $444,603 $54,835 $6,944,603 $0 $1,447,000 $10,191,041
14 Rick L. George # Suncor Energy Inc. SU-T $1,483,846 $3,060,000 $180,216 $2,224,733 $2,226,960 $941,200 $10,116,955
15 Paul N. Wright Eldorado Gold Corp. ELD-T $1,400,000 $3,640,000 $0 $2,729,973 $1,045,000 $934,867 $9,749,840
16 George A. Cope BCE, Inc. BCE-T $1,250,000 $2,445,313 $164,255 $3,975,000 $1,325,000 $455,869 $9,615,437
17 Scott Saxberg Crescent Point Energy Corp. CPG-T $386,900 $292,000 $7,014 $8,743,840 $0 $0 $9,429,754
18 Donald R. Lindsay Teck Resources Limited TCK.B-T $1,350,000 $1,451,900 $149,768 $2,940,000 $2,940,000 $495,000 $9,326,668
19 Brian C. Ferguson Cenovus Energy Inc. CVE-T $1,068,750 $2,165,625 $112,395 $1,999,380 $1,999,380 $1,897,590 $9,243,120
20 Aaron W. Regent Barrick Gold Corporation ABX-T $1,640,406 $2,296,569 $131,198 $2,273,127 $2,273,127 $590,546 $9,204,973
21 Randall K. Eresman (2) Encana Corporation ECA-T $1,400,319 $1,207,776 $148,915 $4,345,189 $2,166,388 -$116,402 $9,152,184
22 Michael M. Wilson Agrium Inc. AGU-T $1,395,455 $2,319,072 $26,049 $2,171,416 $2,295,899 $849,328 $9,057,220
23 Donald Guloien Manulife Financial Corporation MFC-T $986,550 $1,584,435 $103,307 $2,711,280 $2,711,280 $568,300 $8,665,152
24 John A. Manzoni Talisman Energy Inc. TLM-T $1,481,077 $1,009,690 $257,046 $2,311,956 $2,292,483 $1,290,400 $8,642,652
25 Louis Vachon National Bank of Canada NA-T $954,473 $1,800,000 $220,813 $2,500,000 $2,000,000 $994,000 $8,469,286
26 Claude Mongeau Canadian National Railway Company CNR-T $964,373 $2,112,055 $81,624 $2,924,889 $1,878,000 $274,000 $8,234,941
27 Thomas H. Glocer # Thomson Reuters Corporation TRI-T $1,533,485 $2,502,647 $275,564 $1,988,504 $1,916,860 $0 $8,217,060
28 Pierre Beaudoin Bombardier, Inc. BBD.B-T $1,388,932 $1,557,427 $191,043 $3,234,070 $1,468,584 $358,539 $8,198,594
29 Nadir Mohamed Rogers Communications Inc. RCI.B-T $1,200,000 $1,468,500 $84,300 $2,481,242 $2,482,340 $463,980 $8,180,362
30 Steve W. Laut Canadian Natural Resources Limited CNQ-T $600,000 $2,165,000 $97,768 $1,665,000 $3,474,000 $0 $8,001,768
31 R. Jeffrey Orr Power Financial Corporation PWF-T $3,919,000 $0 $419,750 $137,500 $1,763,552 $1,541,000 $7,780,802
32 Patrick D. Daniel Enbridge Inc. ENB-T $1,269,750 $2,396,000 $200,513 $1,429,504 $1,464,000 $862,000 $7,621,767
33 Tye W. Burt Kinross Gold Corporation K-T $1,420,000 $0 $319,699 $3,785,000 $1,435,000 $639,000 $7,598,699
34 William J. Doyle Potash Corp. of Saskatchewan, Inc. POT-T $1,169,406 $1,226,788 $153,055 $0 $3,782,717 $1,045,301 $7,377,267
35 Sean Boyd Agnico-Eagle Mines Ltd. AEM-T $1,260,000 $1,197,000 $95,005 $52,000 $4,120,800 $257,642 $6,982,447
36 Russell Girling TransCanada Corp. TRP-T $1,083,338 $1,459,200 $10,833 $2,700,000 $900,000 $722,000 $6,875,371
37 Donald A. Stewart # Sun Life Financial Inc. SLF-T $1,006,923 $0 $330,608 $2,750,009 $2,750,005 $7,657 $6,845,202
38 Tim Gitzel (1) Cameco Corp. CCO-T $807,000 $762,000 $0 $2,769,050 $1,817,000 $496,200 $6,651,250
39 Stephen G. Wetmore Canadian Tire Corp. Ltd. CTC.A-T $1,250,000 $1,314,562 $306,032 $1,249,989 $2,499,989 $0 $6,620,572
40 Jochen Tilk Inmet Mining Corporation IMN-T $800,000 $1,812,512 $223,111 $599,898 $3,101,000 $22,970 $6,559,491
41 Mark Thierer SXC Health Solutions, Corp. SXC-T $717,275 $1,434,550 $20,776 $2,770,166 $1,503,804 $0 $6,446,572
42 Asim Ghosh Husky Energy Inc. HSE-T $1,459,625 $2,300,000 $131,657 $832,806 $1,538,385 $131,366 $6,393,839
43 H. Stanley Marshall Fortis Inc. FTS-T $1,125,000 $1,625,000 $201,067 $1,494,000 $624,134 $698,518 $5,767,719
44 Bruce H. March (3) Imperial Oil Ltd. IMO-T $524,223 $801,051 $830,876 $2,192,320 $0 $1,308,434 $5,656,904
45 Domenic Pilla (1) Shoppers Drug Mart Corp. SC-T $169,231 $312,500 $732,188 $3,245,922 $1,081,974 $40,700 $5,582,515
46 Andr� Desmarais (4) Power Corporation of Canada POW-T $1,050,000 $1,500,000 $609,500 $187,500 $1,366,200 $662,000 $5,375,200
47 Charles Brindamour Intact Financial Corporation IFC-T $772,500 $1,272,694 $6,292 $3,090,000 $0 $176,512 $5,317,998
48 Frederic J. Green # Canadian Pacific Railway Limited CP-T $985,873 $0 $90,339 $1,591,498 $1,591,368 $1,026,000 $5,285,078
49 Stephen Snyder # TransAlta Corp. TA-T $1,025,000 $904,050 $58,494 $1,742,760 $0 $1,534,700 $5,265,004
50 James H. T. Riddell Trilogy Energy Corp. TET-T $0 $443,663 $15,006 $2,061,700 $2,738,000 $0 $5,258,369
51 Paul Desmarais, Jr. (4) Power Corporation of Canada POW-T $1,050,000 $1,500,000 $394,250 $187,500 $1,366,200 $725,000 $5,222,950
52 James Balsillie # Research In Motion Limited RIM-T $1,200,000 $1,229,700 $11,000 $2,764,403 $0 $12,847 $5,217,949
52 Mike Lazaridis # Research In Motion Limited RIM-T $1,200,000 $1,229,700 $11,000 $2,764,403 $0 $12,847 $5,217,949
54 Mayo M. Schmidt Viterra, Inc. VT-T $1,000,000 $1,350,000 $109,480 $2,749,997 $0 $0 $5,209,477
55 Marvin F. Romanow # Nexen Inc. NXY-T $1,331,250 $0 $341,370 $507,584 $1,137,728 $1,725,400 $5,043,332
56 Edward Sonshine RioCan REIT REI.UN-T $1,050,000 $1,837,500 $0 $0 $1,616,807 $322,000 $4,826,307
57 Clayton Riddell Paramount Resources Ltd. POU-T $436,225 $0 $0 $321,000 $3,929,422 $0 $4,686,647
58 Ronald Pantin Pacific Rubiales Energy Corp. PRE-T $711,900 $508,500 $209,502 $0 $3,245,819 $0 $4,675,721
59 Michael E. Roach CGI Group, Inc. GIB.A-T $995,900 $1,160,000 $45,739 $432,578 $2,001,640 $0 $4,635,856
60 Anthony W. Marino # Baytex Energy Corp. BTE-T $500,000 $1,347,700 $68,360 $2,700,600 $0 $0 $4,616,660
61 Sean Roosen Osisko Mining Corporation OSK-T $689,450 $1,300,000 $0 $1,258,875 $1,252,306 $0 $4,500,631
62 D. Allen Loney Great-West Lifeco Inc. GWO-T $1,015,833 $1,980,874 $118,000 $524,987 $481,362 $282,883 $4,403,939
63 Paul D. House (1) Tim Hortons Inc. THI-T $583,069 $645,107 $153,595 $2,900,000 $0 $16,407 $4,298,178
64 Michael T. Waites Finning International Inc. FTT-T $947,115 $500,000 $65,246 $862,150 $862,150 $1,008,000 $4,244,661
65 David Fesyk Inter Pipeline Fund IPL.UN-T $580,000 $1,000,000 $221,643 $2,200,000 $0 $0 $4,001,643
66 Marcel R. Coutu Canadian Oil Sands Limited COS-T $855,000 $784,600 $222,300 $1,068,750 $1,068,750 $0 $3,999,400
67 J. Bruce Flatt Brookfield Asset Management Inc. BAM.A-T $500,064 $0 $22,453 $3,407,205 $0 $0 $3,929,723
68 Charles R. Sims IGM Financial Inc. IGM-T $731,667 $1,289,333 $102,742 $323,500 $163,432 $1,096,183 $3,706,857
69 Richard B. Clark Brookfield Properties Corporation BPO-T $593,607 $3,066,970 $21,766 $0 $0 $0 $3,682,342
70 Galen G. Weston Loblaw Companies Limited L-T $1,000,000 $1,134,324 $36,223 $0 $1,507,494 $0 $3,678,041
71 Karen Sheriff Bell Aliant Regional Communications Inc. BA-T $700,000 $1,146,600 $63,883 $1,399,997 $0 $201,889 $3,512,369
72 Lino A. Saputo Jr. Saputo, Inc. SAP-T $1,100,000 $2,378,200 $0 $0 $0 $0 $3,478,200
73 Alain Bouchard Alimentation Couche-Tard Inc. ATD.B-T $1,042,982 $2,208,392 $0 $0 $0 $142,590 $3,393,964
74 Robert Gallagher New Gold, Inc. NGD-T $650,598 $600,552 $11,235 $0 $2,046,643 $0 $3,309,029
75 Stephen A. MacPhail CI Financial Corp CIX-T $625,000 $2,125,000 $0 $0 $487,500 $0 $3,237,500
76 Stephen Lang # Centerra Gold Inc. CG-T $684,272 $788,083 $272,012 $739,250 $739,250 $0 $3,222,867
77 Darren Gee Peyto Exploration & Development Corp PEY-T $235,000 $2,665,850 $0 $0 $308,867 $0 $3,209,717
78 Eric R. La Fl�che Metro Inc. MRU-T $767,789 $744,000 $3,395 $464,991 $1,060,650 $168,000 $3,208,825
79 Stephen J.J. Letwin IAMGOLD Corp. IMG-T $750,000 $783,000 $130,734 $373,000 $1,130,496 $21,635 $3,188,865
80 Nancy C. Southern Canadian Utilities Ltd. CU-T $927,000 $1,483,200 $13,905 $351,160 $91,250 $279,431 $3,145,946
81 W. Galen Weston George Weston Limited WN-T $1,000,000 $1,000,000 $1,131,014 $0 $0 $0 $3,131,014
82 John P. Dielwart ARC Resources Ltd. ARX-T $550,000 $850,000 $47,550 $1,180,029 $450,006 $0 $3,077,585
83 Gordon J. Kerr Enerplus Corporation ERF-T $545,833 $470,000 $243,215 $1,200,000 $600,000 $0 $3,059,048
84 Christopher G. Huskilson Emera Inc. EMA-T $747,115 $556,500 $23,846 $899,863 $300,150 $464,000 $2,991,474
85 Randy V.J. Smallwood (1) Silver Wheaton Corp. SLW-T $656,733 $729,617 $10,920 $490,286 $969,821 $0 $2,857,378
86 Thomas J. Hofstedter H&R REIT HR.UN-T $1,447,031 $0 $0 $0 $1,352,465 $0 $2,799,496
87 Robert B. Michaleski Pembina Pipeline Corporation PPL-T $588,600 $529,740 $113,817 $1,530,346 $0 -$4,054 $2,758,449
88 Pierre Duhaime # SNC-Lavalin Group Inc. SNC-T $950,000 $0 $86,621 $146,600 $880,000 $631,600 $2,694,821
89 William J. McCaffrey MEG Energy Corp. MEG-T $494,700 $496,374 $18,880 $552,358 $1,025,937 $0 $2,588,249
90 Murray Nunns (1) Penn West Petroleum Ltd. PWT-T $525,000 $375,000 $92,520 $0 $1,534,500 $0 $2,527,020
91 Lorenzo Donadeo Vermilion Energy Inc. VET-T $433,475 $500,000 $61,190 $1,500,000 $0 $0 $2,494,665
92 Phillip K.R. Pascall First Quantum Minerals Ltd. FM-T $952,245 $880,517 $30,470 $603,658 $0 $0 $2,466,889
93 Murray J. Taylor IGM Financial Inc. IGM-T $800,000 $661,500 $74,260 $349,500 $178,589 $341,000 $2,404,849
94 Larry Rossy Dollarama Inc. DOL-T $500,000 $1,375,000 $0 $0 $515,360 $3,000 $2,393,360
95 Derek W. Evans Pengrowth Energy Corporation PGF-T $475,000 $377,500 $172,593 $1,045,000 $0 $0 $2,070,093
96 Paul D. Sobey Empire Co. Ltd. EMP.A-T $645,028 $580,758 $14,268 $0 $625,000 $85,000 $1,950,054
97 Sveinung Svarte Athabasca Oil Corporation ATH-T $350,000 $450,000 $74,563 $0 $801,856 $0 $1,676,419
98 David Harquail Franco-Nevada Corporation FNV-T $450,414 $725,668 $16,758 $440,074 $0 $0 $1,632,913
99 James V. Bertram Keyera Corp. KEY-T $450,000 $216,000 $0 $885,000 $0 $46,604 $1,597,604
100 Michael L. Rose Tourmaline Oil Corp. TOU-T $0 $0 $0 $0 $1,370,268 $0 $1,370,268
101 Nancy C. Southern ATCO Ltd. ACO.X-T $73,000 $116,800 $1,095 $392,660 $200,750 $22,005 $806,310
102 V. Prem Watsa Fairfax Financial Holdings Limited FFH-T $600,000 $0 $22,450 $0 $0 $0 $622,450
103 Keith A. MacPhail Bonavista Energy Corporation BNP-T $185,000 $0 $29,941 $0 $306,694 $0 $521,635

* = Information not available
# = Former CEO
Notes:
(1) New CEO in 2011.
(2) Option value includes both Encana options and Cenovus replacement options.
(3) Includes compensation from Exxon Mobil and ownership of both Imperial Oil and Exxon Mobil.
(4) Includes compensation and ownership from Power Corporation of Canada and Power Financial Corporation.

Print

Download table as a CSV file

View full table

In the know

Most popular videos »

Highlights

More from The Globe and Mail

Most popular