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This is a ranking of compensation paid in fiscal 2011 to the CEOs of the 100 largest public companies (by market capitalization) in the S&P/TSX composite index, as of Dec. 31, 2011.

For companies with no CEO, the president or similar top executive is used. Where two names appear, the company has co-CEOs. Ivanhoe Mines is not included on the chart because the company had not filed its pay data by our cut-off date.

For companies that report pay in U.S. dollars, the amounts are converted to Canadian dollars at the average annual exchange rate for 2011. If the company has an irregular year end, the exchange rate is the rate used by the company for conversion purposes.

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SALARY is base salary.

BONUS is the annual cash incentive payment.

PER CENT CHANGE is the change from 2010's total salary and bonus. No number is shown if the CEO was not in the same position for all of 2010 and 2011.

OTHER includes all other payments and the cash value of perquisites and benefits.

SHARE-BASED AWARDS is the total value of shares, share units, trust units or similar long-term incentive plan grants.

OPTION-BASED AWARDS is the estimated value of stock options or similar trust unit rights granted in 2011.

PENSION VALUE is the additional annual value of the pension benefit earned by the CEO in 2011.

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PER CENT CHANGE is the change from 2011's total compensation. No number is shown if the CEO was not in the same position for all of 2010 and 2011.

UNEXERCISED IN-THE-MONEY OPTIONS is the value of stock options held by the CEO at the end of the fiscal year.

UNVESTED SHARE-BASED AWARDS is the value of share units or similar compensation that has not yet met time or performance conditions required for payout.

VALUE OF CEO'S EQUITY is the value of all equity held by the CEO, including shares and vested share units, but excluding unexercised stock options.

ACCRUED CEO PENSION OBLIGATION is the estimated value of a company's total cost to provide the CEO's defined benefit pension.

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