The 2017 TSX Composite Compensation & Performance Report is available for purchase here.
This is a ranking of compensation in fiscal 2016 for the chief executive officers from the 100 largest public companies (by market capitalization) in Canada's benchmark S&P/TSX composite index as of Dec. 31, 2016.
Prepared by Global Governance Advisors, the information comes from management information circulars filed for fiscal year 2016.
Where two names appear, the company has co-CEOs. If a company does not have a CEO, the president or similar top executive is used. When CEOs have changed during the year, the chart typically shows the CEO who was in place for the larger portion of the year.
For companies that report pay in U.S. dollars, the amounts are converted to Canadian dollars at the average annual exchange rate for 2016. If the company has an irregular year-end, the exchange rate is the rate used by the company for its currency conversion.
Salary is base salary in 2016.
Bonus is the value of any annual and long-term cash incentives paid in 2016.
Percentage change is the change from 2015's total salary and bonus. No number is shown if the CEO was not in the same position for all of 2015 and 2016.
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 in 2016.
Option-based awards is the estimated grant date value of new stock options awarded to the CEO in 2016.
Pension value is the additional annual value of the pension benefit earned by the CEO in 2016.
Unexercised in-the-money options is the year-end value of stock options held by the CEO.
Unvested share-based awards is the year-end 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 year-end value of all equity held by the CEO as disclosed. This typically includes shares and vested share units, but excludes unexercised stock options.
Accrued CEO pension obligation is the estimated year-end value of a company's total expected cost to provide the CEO's defined-benefit pension. It excludes the value of any defined-contribution pension accrued by the CEO.
Rank | Name | Organization Name | Ticker | Base Salary | Bonus | Sub-Total | % Change | All Other Compensation | Share-Based Awards | Option-Based Awards | Pension Value | Total Reported Compensation | % Change | Unexercised In-the-Money Options | Unvested Share-Based Awards | Value of CEO's Equity | Accrued CEO Pension Obligation |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | Joseph Papa (1) | Valeant Pharmaceuticals International Inc. | VRX-T | $1,299,990 | $12,095,005 | $13,394,995 | * | $818,703 | $55,662,745 | $13,254,809 | $0 | $83,131,252 | * | $0 | $25,477,046 | $3,938,193 | $0 |
2 | Donald Walker | Magna International Inc. | MG-T | $430,781 | $14,450,383 | $14,881,164 | 8% | $163,034 | $11,995,594 | $1,574,670 | $0 | $28,614,462 | 8% | $16,121,799 | $0 | $131,250,268 | $0 |
3 | Guy Laurence # | Rogers Communications Inc. | RCI.B-T | $1,029,711 | $1,231,771 | $2,261,482 | * | $13,633,078 | $3,672,111 | $2,937,534 | $2,098,788 | $24,602,993 | * | $6,530,677 | $7,360,070 | * | $4,704,700 |
4 | Hunter Harrison # | Canadian Pacific Railway Ltd. | CP-T | $2,904,595 | $10,094,976 | $12,999,571 | 48% | $830,466 | $0 | $4,999,757 | $0 | $18,829,794 | -5% | $83,676,861 | $0 | $47,360,854 | $0 |
5 | James Smith | Thomson Reuters Corp. | TRI-T | $2,109,541 | $3,514,496 | $5,624,037 | -9% | $42,467 | $5,832,154 | $5,832,113 | $446,687 | $17,777,458 | 30% | $33,510,387 | $30,937,825 | $24,884,720 | $17,371,853 |
6 | Doug Suttles | Encana Corp. | ECA-T | $1,370,511 | $3,308,325 | $4,678,836 | 65% | $310,824 | $8,108,379 | $4,494,066 | $0 | $17,592,105 | 57% | $21,896,628 | $11,243,011 | $1,313,537 | $0 |
7 | Geoffrey Martin | CCL Industries Inc. | CCL-T | $1,313,760 | $2,649,600 | $3,963,360 | 9% | $0 | $11,650,000 | $1,416,300 | $340,522 | $17,370,182 | 237% | $14,030,700 | $13,190,000 | $53,659,685 | $0 |
8 | Ronald Mittelstaedt | Waste Connections Inc. | WCN-T | $1,284,390 | $4,537,508 | $5,821,898 | * | $7,333,926 | $2,698,836 | $0 | $0 | $15,854,660 | * | $0 | $10,936,383 | $23,324,689 | $0 |
9 | Donald Guloien | Manulife Financial Corp. | MFC-T | $1,803,437 | $1,599,274 | $3,402,711 | -26% | $101,812 | $6,722,719 | $4,481,813 | $672,000 | $15,381,055 | -1% | $38,897,431 | $16,579,405 | $28,423,434 | $16,529,400 |
10 | Darren Entwistle | Telus Corp. | T-T | $1,375,000 | $678,483 | $2,053,483 | 0% | $89,365 | $10,178,483 | $0 | $584,000 | $12,905,331 | 3% | $0 | $16,626,800 | $27,277,236 | $15,081,000 |
11 | Alain Bellemare | Bombardier Inc. | BBD.B-T | $1,381,415 | $3,129,326 | $4,510,741 | * | $1,098,955 | $3,471,167 | $3,471,167 | $25,979 | $12,578,010 | * | $3,414,667 | $4,938,674 | $1,303,206 | $0 |
12 | David McKay | Royal Bank of Canada | RY-T | $1,466,667 | $2,521,000 | $3,987,667 | 10% | $43,726 | $6,000,000 | $1,500,000 | $714,000 | $12,245,393 | 5% | $19,636,066 | $14,909,995 | $18,740,929 | $12,048,000 |
13 | Michael Roach | CGI Group Inc. | GIB.A-T | $1,373,000 | $0 | $1,373,000 | 3% | $113,846 | $10,334,813 | $0 | $0 | $11,821,659 | 31% | $21,690,735 | $17,809,650 | $74,454,996 | $0 |
14 | Brian Porter | Bank of Nova Scotia | BNS-T | $1,000,000 | $2,110,000 | $3,110,000 | 12% | $2,714 | $5,600,000 | $1,400,000 | $1,651,000 | $11,763,714 | 8% | $8,093,895 | $14,611,574 | $22,789,581 | $10,203,000 |
15 | Charles Magro | Agrium Inc. | AGU-T | $1,496,304 | $2,747,663 | $4,243,967 | 17% | $45,880 | $3,368,210 | $3,320,582 | $543,749 | $11,522,388 | 10% | $6,962,574 | $11,803,172 | $5,668,887 | $4,108,231 |
16 | Steven Williams | Suncor Energy Inc. | SU-T | $1,375,000 | $2,750,000 | $4,125,000 | 0% | $162,561 | $4,082,882 | $3,657,000 | ($545,100) | $11,482,343 | -6% | $29,437,930 | $11,730,832 | $31,431,705 | $21,356,079 |
17 | Al Monaco | Enbridge Inc. | ENB-T | $1,377,000 | $2,450,000 | $3,827,000 | 28% | $99,576 | $2,720,601 | $2,573,250 | $2,171,000 | $11,391,427 | 28% | $41,955,449 | $6,707,992 | $22,767,438 | $15,973,000 |
18 | Pierre Dion # | Quebecor Inc. | QBR.B-T | $1,300,000 | $9,522,551 | $10,822,551 | 212% | $0 | $440,104 | $0 | $36,000 | $11,298,655 | 223% | $11,512,347 | $1,591,127 | $0 | $1,774,700 |
19 | John Thornton | Barrick Gold Corp. | ABX-T | $3,313,700 | $7,051,554 | $10,365,254 | 224% | $407,185 | $0 | $0 | $497,055 | $11,269,493 | 186% | $0 | $0 | $47,182,955 | $0 |
20 | Jeffrey Orr | Power Financial Corp. | PWF-T | $4,450,000 | $0 | $4,450,000 | 3% | $465,492 | $2,360,202 | $2,222,673 | $1,725,000 | $11,223,367 | -4% | $18,991,202 | $7,183,479 | $28,288,006 | $29,522,000 |
21 | George Cope | BCE Inc. | BCE-T | $1,400,000 | $2,583,000 | $3,983,000 | -17% | $170,751 | $4,406,250 | $1,468,750 | $732,778 | $10,761,529 | -7% | $4,548,397 | $9,618,124 | $68,200,424 | $0 |
22 | Sean Boyd | Agnico Eagle Mines Ltd. | AEM-T | $1,550,732 | $5,028,558 | $6,579,290 | 23% | $25,325 | $3,686,740 | $0 | $458,526 | $10,749,881 | 25% | $0 | $11,290,000 | $17,545,603 | $14,362,799 |
23 | William Downe | Bank of Montreal | BMO-T | $1,987,650 | $1,368,600 | $3,356,250 | 3% | $17,558 | $6,349,500 | $918,000 | $0 | $10,641,308 | 5% | $28,434,798 | $18,007,935 | $76,354,735 | $22,227,391 |
24 | Gerald Schwartz | Onex Corp. | ONEX-T | $1,723,124 | $8,763,565 | $10,486,689 | 12% | $0 | $0 | $0 | $0 | $10,486,689 | 12% | $40,207,050 | $0 | $1,341,337,892 | $0 |
25 | Bharat Masrani | Toronto-Dominion Bank | TD-T | $1,000,000 | $1,685,000 | $2,685,000 | -1% | $80,908 | $4,197,550 | $2,067,496 | $1,313,000 | $10,343,954 | -3% | $19,147,160 | $14,141,015 | $72,057,806 | $13,864,300 |
26 | Brian Hannasch | Alimentation Couche-Tard Inc. | ATD.B-T | $1,587,353 | $2,214,359 | $3,801,712 | -4% | $0 | $2,895,483 | $1,465,102 | $2,098,403 | $10,260,700 | -31% | $36,519,000 | $2,759,868 | $37,720,382 | $8,992,000 |
27 | Russell Girling | TransCanada Corp. | TRP-T | $1,300,008 | $2,210,014 | $3,510,022 | 23% | $13,000 | $3,000,000 | $3,000,000 | $615,000 | $10,138,022 | 15% | $34,834,902 | $3,787,261 | $12,572,401 | $16,329,000 |
28 | Donald Lindsay | Teck Resources Ltd. | TECK.B-T | $1,493,500 | $2,484,800 | $3,978,300 | 10% | $138,180 | $2,531,200 | $2,528,800 | $368,000 | $9,544,480 | -7% | $32,308,570 | $17,091,201 | $29,571,330 | $7,474,000 |
29 | Victor Dodig | Canadian Imperial Bank of Commerce | CM-T | $1,000,000 | $2,338,050 | $3,338,050 | -5% | $2,250 | $4,364,360 | $1,091,090 | $396,000 | $9,191,750 | 8% | $1,112,463 | $5,526,914 | $9,229,236 | $5,483,000 |
30 | Mark Barrenechea | Open Text Corp. | OTEX-T | $1,251,142 | $1,222,992 | $2,474,134 | 9% | $29,236 | $4,844,281 | $1,699,219 | $0 | $9,046,869 | -50% | $39,481,885 | $17,489,858 | $7,483,601 | $0 |
31 | Dean Connor | Sun Life Financial Inc. | SLF-T | $1,076,923 | $2,300,000 | $3,376,923 | 32% | $7,070 | $3,750,031 | $1,250,000 | $619,670 | $9,003,694 | 14% | $26,519,654 | $15,711,568 | $26,986,129 | $4,960,000 |
32 | Paul Rollinson | Kinross Gold Corp. | K-T | $1,283,383 | $2,032,879 | $3,316,262 | 8% | $281,641 | $3,336,796 | $834,199 | $577,522 | $8,346,420 | 10% | $348,020 | $8,896,976 | $14,854,132 | $0 |
33 | David Garofalo (1) | Goldcorp Inc. | G-T | $1,250,000 | $1,156,250 | $2,406,250 | * | $1,157,702 | $4,581,121 | $0 | $174,815 | $8,319,888 | * | $0 | $2,754,248 | $916,248 | $0 |
34 | Luc Jobin (1) | Canadian National Railway Co. | CNR-T | $1,106,208 | $1,856,753 | $2,962,961 | * | $30,722 | $2,751,741 | $2,251,154 | $305,588 | $8,302,166 | * | $12,014,107 | $7,135,675 | $10,839,770 | $0 |
35 | Steve Laut | Canadian Natural Resources Ltd. | CNQ-T | $567,000 | $5,151,531 | $5,718,531 | 94% | $107,498 | $0 | $2,413,125 | $0 | $8,239,154 | 60% | $23,050,500 | $0 | $105,958,407 | $0 |
36 | Daniel Schwartz | Restaurant Brands International Inc. | QSR-T | $1,060,384 | $1,976,991 | $3,037,375 | -14% | $122,563 | $2,584,683 | $2,438,883 | $0 | $8,183,504 | -11% | $135,161,282 | $3,746,423 | $11,256,570 | $0 |
37 | Louis Vachon | National Bank of Canada | NA-T | $1,125,015 | $1,383,750 | $2,508,765 | -9% | $4,889 | $3,375,000 | $1,687,529 | $539,000 | $8,115,183 | 24% | $43,910,013 | $10,655,152 | $15,680,422 | $15,647,000 |
38 | Brian Ferguson | Cenovus Energy Inc. | CVE-T | $1,350,000 | $1,188,920 | $2,538,920 | 0% | $132,560 | $2,411,941 | $2,309,419 | $648,620 | $8,041,460 | 1% | $245,301 | $6,763,696 | $8,040,003 | $26,990,337 |
39 | Barry Perry | Fortis Inc. | FTS-T | $1,100,000 | $2,200,000 | $3,300,000 | 37% | $558,634 | $2,887,500 | $962,500 | $297,977 | $8,006,611 | 33% | $3,869,076 | $5,899,800 | $10,505,353 | $0 |
40 | Rich Kruger (2) | Imperial Oil Ltd. | IMO-T | $1,139,328 | $356,371 | $1,495,699 | -29% | $1,481,708 | $4,979,700 | $0 | ($379,289) | $7,577,818 | -16% | $0 | $18,380,385 | $31,920,654 | $18,908,679 |
41 | Galen Weston | Loblaw Companies Ltd. | L-T | $1,100,000 | $1,856,250 | $2,956,250 | -24% | $184,846 | $2,933,398 | $1,466,662 | $0 | $7,541,156 | -11% | $32,404,636 | $8,772,259 | $22,274,447 | $0 |
42 | Paviter Binning # | George Weston Ltd. | WN-T | $1,100,000 | $1,632,721 | $2,732,721 | * | $66,046 | $3,116,572 | $1,558,337 | $43,000 | $7,516,676 | * | $20,301,458 | $11,050,035 | * | $0 |
43 | Bradley Shaw | Shaw Communications Inc. | SJR.B-T | $2,259,470 | $5,009,400 | $7,268,870 | -14% | $327,648 | $1,252,360 | $90,600 | ($1,701,990) | $7,237,488 | -45% | $3,097,700 | $1,252,360 | $232,620,006 | $107,572,000 |
44 | Glenn Chamandy | Gildan Activewear Inc. | GIL-T | $1,056,146 | $1,584,219 | $2,640,365 | 37% | $133,163 | $2,133,634 | $2,133,646 | $52,807 | $7,093,615 | -23% | $5,826,056 | $5,794,413 | $26,291,632 | $0 |
45 | André Desmarais (3) | Power Corp. of Canada | POW-T | $1,175,000 | $1,500,000 | $2,675,000 | -15% | $702,565 | $187,500 | $3,638,832 | ($328,000) | $6,875,897 | -10% | $10,577,610 | $0 | $480,527,187 | $26,386,000 |
46 | Charles Brindamour | Intact Financial Corp. | IFC-T | $1,048,231 | $1,711,500 | $2,759,731 | 2% | $0 | $3,150,000 | $0 | $912,686 | $6,822,417 | 13% | $0 | $10,596,851 | $21,226,856 | $8,179,536 |
47 | Stephen Wetmore (1) | Canadian Tire Corp. Ltd. | CTC.A-T | $596,154 | $1,050,992 | $1,647,146 | * | $171,384 | $4,999,782 | $0 | $0 | $6,818,312 | * | $0 | $5,006,757 | $8,079,919 | $0 |
48 | Paul Desmarais, Jr. (3) | Power Corp. of Canada | POW-T | $1,175,000 | $1,500,000 | $2,675,000 | -15% | $494,357 | $187,500 | $3,638,832 | ($222,000) | $6,773,689 | -12% | $10,577,610 | $0 | $478,132,674 | $26,846,000 |
49 | Ravi Saligram | Ritchie Bros. Auctioneers Incorporated | RBA-T | $1,325,480 | $1,290,361 | $2,615,841 | -22% | $227,908 | $1,954,783 | $1,656,853 | $0 | $6,455,386 | 1% | $11,176,065 | $12,274,731 | $11,208,065 | $0 |
50 | Neil Bruce | SNC-Lavalin Group Inc. | SNC-T | $1,100,000 | $1,490,100 | $2,590,100 | * | $243,516 | $3,578,595 | $0 | $0 | $6,412,211 | * | $1,546,520 | $8,868,742 | $3,392,100 | $0 |
51 | Asim Ghosh # | Husky Energy Inc. | HSE-T | $1,597,140 | $0 | $1,597,140 | * | $2,751,342 | $1,421,408 | $421,810 | $143,743 | $6,335,443 | * | $0 | $0 | $1,610,104 | $0 |
52 | Bruce Flatt | Brookfield Asset Management Inc. | BAM.A-T | $795,288 | $0 | $795,288 | 4% | $25,405 | $5,360,241 | $0 | $0 | $6,180,935 | -19% | $0 | $59,061,358 | $1,950,037,548 | $0 |
53 | Paul Mahon | Great-West Lifeco Inc. | GWO-T | $1,135,327 | $1,762,595 | $2,897,922 | 3% | $210,606 | $1,150,015 | $750,024 | $1,055,597 | $6,064,164 | -15% | $3,902,995 | $2,307,258 | $10,807,588 | $23,413,058 |
54 | John Floren | Methanex Corp. | MX-T | $951,000 | $447,000 | $1,398,000 | -17% | $254,184 | $2,086,650 | $2,098,539 | $208,580 | $6,045,953 | 6% | $4,973,821 | $1,089,262 | $9,544,744 | $0 |
55 | Edward Sonshine | Riocan REIT | REI.UN-T | $1,300,000 | $1,857,700 | $3,157,700 | 1% | $0 | $1,733,333 | $1,112,667 | $0 | $6,003,700 | 5% | $1,462,962 | $3,170,301 | $11,080,492 | $6,093,200 |
56 | Tim Gitzel | Cameco Corp. | CCO-T | $1,025,000 | $851,000 | $1,876,000 | -11% | $0 | $2,183,454 | $1,455,480 | $409,200 | $5,924,134 | 0% | $0 | $0 | $6,404,402 | $4,554,800 |
57 | Scott Thomson | Finning International Inc. | FTT-T | $927,000 | $961,021 | $1,888,021 | 28% | $60,131 | $3,000,000 | $750,000 | $179,597 | $5,877,749 | 11% | $2,584,706 | $6,547,759 | $4,256,736 | $0 |
58 | Marc Parent | CAE Inc. | CAE-T | $888,667 | $1,292,408 | $2,181,075 | 23% | $149,072 | $2,034,816 | $640,614 | $604,000 | $5,609,577 | 19% | $1,446,160 | $4,256,082 | $8,710,364 | $7,064,000 |
59 | Jeffrey Carney | IGM Financial Inc. | IGM-T | $1,116,667 | $2,781,000 | $3,897,667 | 52% | $126,231 | $987,500 | $63,840 | $254,610 | $5,329,848 | 40% | $132,468 | $2,235,006 | $401,934 | $0 |
60 | David Harquail | Franco-Nevada Corp. | FNV-T | $751,050 | $1,502,100 | $2,253,150 | 50% | $14,969 | $1,512,981 | $1,513,046 | $0 | $5,294,146 | 46% | $4,445,780 | $4,156,275 | $100,861,653 | $0 |
61 | Paul Conibear | Lundin Mining Corp. | LUN-T | $864,397 | $1,326,397 | $2,190,794 | 14% | $46,577 | $1,630,340 | $1,398,381 | $0 | $5,266,094 | 61% | $715,953 | $3,842,807 | $5,055,386 | $0 |
62 | Lino Saputo Jr. | Saputo Inc. | SAP-T | $1,300,000 | $3,900,000 | $5,200,000 | 59% | $0 | $0 | $0 | $0 | $5,200,000 | 59% | $0 | $0 | $5,694,853 | $0 |
63 | Louis Eccleston | TMX Group Ltd. | X-T | $750,000 | $849,750 | $1,599,750 | 12% | $591,151 | $1,237,500 | $1,637,500 | $112,500 | $5,178,401 | 68% | $8,801,576 | $1,855,427 | $2,973,210 | $0 |
64 | Jochen Tilk | Potash Corp. of Saskatchewan Inc. | POT-T | $1,033,409 | $859,922 | $1,893,332 | 29% | $114,740 | $2,120,852 | $903,129 | $146,328 | $5,178,380 | 39% | $1,203,129 | $2,795,501 | $3,266,904 | $408,367 |
65 | Sachin Shah | Brookfield Renewable Partners L.P. | BEP.UN-T | $600,840 | $0 | $600,840 | * | $51,621 | $4,513,657 | $0 | $0 | $5,166,118 | * | $18,720,306 | $1,477,290 | * | $0 |
66 | Christopher Huskilson | Emera Inc. | EMA-T | $995,192 | $1,200,000 | $2,195,192 | 9% | $24,210 | $1,400,127 | $1,399,860 | $0 | $5,019,389 | 16% | $11,100,580 | $2,903,107 | $13,648,864 | $15,376,000 |
67 | Michael Dilger | Pembina Pipeline Corp. | PPL-T | $779,167 | $1,280,000 | $2,059,167 | 38% | $58,108 | $1,440,000 | $960,000 | $363,862 | $4,881,137 | 27% | $2,211,341 | $3,068,828 | $10,914,876 | $2,077,330 |
68 | Bradley Nullmeyer (1) | Element Fleet Management Corp. | EFN-T | $1,089,000 | $1,020,938 | $2,109,938 | * | $0 | $1,361,249 | $1,361,249 | $0 | $4,832,436 | * | $9,092,058 | $3,213,977 | $25,770,975 | $0 |
69 | Randy Smallwood | Wheaton Precious Metals Corp. | WPM-T | $932,921 | $1,452,197 | $2,385,118 | 4% | $0 | $1,171,096 | $1,176,692 | $0 | $4,732,906 | 3% | $775,834 | $1,088,449 | $11,446,336 | $0 |
70 | Mayo Schmidt | Hydro One Ltd. | H-T | $850,000 | $1,170,000 | $2,020,000 | * | $20,081 | $2,379,948 | $0 | $64,024 | $4,484,053 | * | $0 | $2,441,890 | $3,856,023 | $0 |
71 | Scott Saxberg | Crescent Point Energy Corp. | CPG-T | $954,000 | $900,000 | $1,854,000 | -11% | $21,855 | $2,528,842 | $0 | $0 | $4,404,697 | -50% | $0 | $8,361,178 | $15,986,359 | $0 |
72 | Neil Rossy (1) | Dollarama Inc. | DOL-T | $739,929 | $1,407,502 | $2,147,431 | * | $0 | $0 | $1,891,000 | $15,423 | $4,053,854 | * | $16,480,200 | $0 | $106,567,602 | $0 |
73 | Eric La Flèche | Metro Inc. | MRU-T | $869,616 | $1,238,125 | $2,107,741 | -1% | $4,825 | $787,657 | $874,727 | $212,000 | $3,986,950 | 8% | $27,600,349 | $3,703,560 | $10,154,207 | $7,281,000 |
74 | Myron Stadnyk | ARC Resources Ltd. | ARX-T | $570,000 | $325,000 | $895,000 | 0% | $76,400 | $2,300,024 | $700,004 | $0 | $3,971,428 | 0% | $1,282,880 | $6,374,570 | $10,081,229 | $0 |
75 | John Chen | BlackBerry Ltd. | BB-T | $1,306,100 | $0 | $1,306,100 | -47% | $14,794 | $2,612,197 | $0 | $0 | $3,933,092 | 2% | $0 | $141,956,759 | $943,975 | $0 |
76 | Marc Poulin # | Empire Company Ltd. | EMP.A-T | $1,019,230 | $0 | $1,019,230 | -74% | $2,642 | $1,750,100 | $999,900 | $80,000 | $3,851,872 | -55% | $0 | $4,298,438 | $1,590,798 | $5,651,000 |
77 | Nancy Southern | Canadian Utilities Ltd. | CU-T | $868,000 | $1,388,800 | $2,256,800 | 158% | $30,380 | $276,770 | $369,820 | $902,172 | $3,835,942 | 69% | $5,573,250 | $1,085,700 | $6,857,161 | $20,427,858 |
78 | Patrick Carlson | Seven Generations Energy Ltd. | VII-T | $507,500 | $666,650 | $1,174,150 | -12% | $728,722 | $809,369 | $1,045,716 | $0 | $3,757,957 | -58% | $38,080,163 | $1,678,780 | $63,346,678 | $0 |
79 | Thomas Hofstedter | H&R REIT | HR.UN-T | $2,055,000 | $0 | $2,055,000 | -4% | $0 | $0 | $1,700,000 | $0 | $3,755,000 | 3% | $14,549,801 | $2,599,390 | $81,901,761 | $0 |
80 | Phillip Pascall | First Quantum Minerals Ltd. | FM-T | $1,484,538 | $662,740 | $2,147,278 | -18% | $6,301 | $330,569 | $1,263,274 | $0 | $3,747,422 | -4% | $373,016 | $4,959,418 | $77,065,879 | $0 |
81 | Anthony Marino (1) | Vermilion Energy Inc. | VET-T | $442,491 | $0 | $442,491 | * | $54,043 | $3,225,665 | $0 | $0 | $3,722,199 | * | $0 | $14,932,568 | $7,675,315 | $0 |
82 | Christian Bayle | Inter Pipeline Ltd. | IPL-T | $600,000 | $850,000 | $1,450,000 | 14% | $200,058 | $1,950,000 | $0 | $0 | $3,600,058 | 11% | $0 | $3,520,456 | $18,791,773 | $0 |
83 | Darren Gee | Peyto Exploration & Development Corp. | PEY-T | $285,000 | $2,397,983 | $2,682,983 | 5% | $0 | $0 | $812,733 | $0 | $3,495,716 | 1% | $2,683,967 | $0 | $55,466,062 | $0 |
84 | Thomas Schwartz | Canadian Apartment Properties REIT | CAR.UN-T | $803,100 | $913,400 | $1,716,500 | 9% | $20,927 | $1,127,100 | $626,300 | $0 | $3,490,827 | -6% | $9,146,117 | $3,760,918 | $99,745,455 | $0 |
85 | Yvon Charest | Industrial Alliance Insurance and Financial Services Inc. | IAG-T | $828,886 | $1,038,195 | $1,867,081 | 29% | $0 | $248,653 | $471,000 | $625,000 | $3,211,734 | 17% | $10,727,260 | $683,323 | $12,601,273 | $19,575,575 |
86 | Alexandre L'Heureux (1) | WSP Global Inc. | WSP-T | $800,674 | $572,408 | $1,373,082 | * | $114,255 | $1,370,697 | $243,819 | $0 | $3,101,853 | * | $745,350 | $2,241,606 | $6,260,303 | $0 |
87 | Adam Paul | First Capital Realty Inc. | FCR-T | $750,000 | $734,250 | $1,484,250 | 9% | $47,300 | $1,000,000 | $500,000 | $0 | $3,031,550 | 28% | $1,689,040 | $3,199,737 | $5,112,600 | $0 |
88 | Andrew Phillips | PrairieSky Royalty Ltd. | PSK-T | $400,000 | $800,000 | $1,200,000 | 20% | $0 | $1,275,000 | $425,000 | $35,300 | $2,935,300 | -3% | $2,793,207 | $4,485,700 | $17,627,015 | $0 |
89 | Peter Anderson (1) | CI Financial Corp. | CIX-T | $544,167 | $953,333 | $1,497,500 | * | $0 | $1,430,000 | $0 | $0 | $2,927,500 | * | $0 | $0 | $12,304,280 | $0 |
90 | Michael Rose | Tourmaline Oil Corp. | TOU-T | $0 | $2,500,000 | $2,500,000 | 25% | $0 | $0 | $320,232 | $0 | $2,820,232 | -8% | $2,419,100 | $0 | $469,895,170 | $0 |
91 | David Harris (1) | AltaGas Ltd. | ALA-T | $767,476 | $993,600 | $1,761,076 | * | $52,272 | $429,156 | $0 | $534,934 | $2,777,438 | * | $152,650 | $1,253,790 | $2,344,217 | $3,563,827 |
92 | David Smith | Keyera Corp. | KEY-T | $500,000 | $378,000 | $878,000 | -15% | $0 | $1,837,478 | $0 | $49,992 | $2,765,470 | -2% | $0 | $5,801,392 | $20,442,957 | $0 |
93 | Grant Fagerheim | Whitecap Resources Inc. | WCP-T | $297,000 | $485,000 | $782,000 | 7% | $0 | $1,951,300 | $0 | $0 | $2,733,300 | 16% | $0 | $5,082,880 | $33,260,980 | $0 |
94 | Donald Althoff | Veresen Inc. | VSN-T | $561,000 | $915,552 | $1,476,552 | 30% | $44,880 | $1,122,000 | $0 | $0 | $2,643,432 | 15% | $0 | $2,731,708 | $2,121,484 | $0 |
95 | Huw Thomas | Smart REIT | SRU.UN-T | $721,000 | $350,550 | $1,071,550 | -9% | $26,659 | $989,870 | $0 | $0 | $2,088,079 | -6% | $0 | $2,125,833 | $2,703,052 | $0 |
96 | John Brace | Northland Power Inc. | NPI-T | $473,387 | $419,425 | $892,812 | 31% | $9,012 | $1,017,353 | $0 | $0 | $1,919,177 | 20% | $0 | $863,141 | $37,370,407 | $0 |
97 | Nancy Southern | ATCO Ltd. | ACO.X-T | $132,000 | $211,200 | $343,200 | 177% | $4,620 | $291,445 | $759,136 | $137,197 | $1,535,598 | 12% | $9,728,500 | $1,339,800 | $16,154,228 | $3,106,541 |
98 | Kevin McArthur # | Tahoe Resources Inc. | THO-T | $530,192 | $0 | $530,192 | -59% | $0 | $397,826 | $586,194 | $0 | $1,514,211 | -18% | $39,099 | $871,716 | $37,240,419 | $0 |
99 | Jeff Tygesen | Turquoise Hill Resources Ltd. | TRQ-T | $404,271 | $265,384 | $669,655 | 0% | $11,465 | $202,136 | $0 | $24,256 | $907,512 | 1% | $0 | $468,695 | $0 | $0 |
100 | Prem Watsa | Fairfax Financial Holdings Ltd. | FFH-T | $600,000 | $0 | $600,000 | 0% | $25,370 | $0 | $0 | $0 | $625,370 | 0% | $0 | $0 | $1,205,650,993 | $0 |
101 | Mark Leonard | Constellation Software Inc. | CSU-T | $1 | $0 | $1 | 0% | $0 | $0 | $0 | $0 | $1 | 0% | $0 | $0 | $266,095,296 | $0 |
Source: Global Governance Advisors
* Information not available / # = Former CEO / (1) New CEO in 2016. / (2) Includes compensation from Exxon Mobil and ownership of both Imperial Oil and Exxon Mobil. / (3) Includes compensation and ownership from Power Corp. of Canada and Power Financial Corp.