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The economic downturn in 2008 and 2009 was a distant memory by 2010 for Canada's top CEOs, at least as far as their pay packages were concerned. This gallery shows Canada's top 10 earners in the 2010 calendar year.

1 of 10

No. 1: Edward Sampson, Niko Resources Ltd. - $16,474,616.

DEBORAH BAIC/DEBORAH BAIC/THE GLOBE AND MAIL

2 of 10

No. 2: Donald Walker, Magna International Inc. -- $16,194,004.

Mike Cassese/Reuters/Mike Cassese/Reuters

3 of 10

No. 3: Siegfried Wolf, Magna International Inc. -- $16,047,490.

MIKE CASSESE/REUTERS

4 of 10

No. 3. Richard Waugh, president and CEO of Scotiabank, speaks to the media following the bank's annual meeting in Edmonton, on Tuesday, March 4, 2008. Mr. Waugh has a pension of $26,873,000.

Jeff McIntosh/Jeff McIntosh/The Canadian Press

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5 of 10

No. 5: Steve Laut, Canadian Natural Resources Ltd. -- $13,136,288.

TODD KOROL/REUTERS

6 of 10

No. 6: Gordon Nixon, Royal Bank of Canada -- $11,851,855.

MARK BLINCH/REUTERS

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No. 7: William Doyle, Potash Corp. of Saskatchewan -- $11,601,796.

DAVID STOBBE/REUTERS

8 of 10

No. 8: Ed Clark, Toronto-Dominion Bank -- $11,426,795.

Fernando Morales/The Globe and Mail/Fernando Morales/The Globe and Mail

9 of 10

No. 9: Glenn Chamandy, Gildan Activewear Inc. -- $11,216,009.

Christinne Muschi for The Globe and Mail/christinne muschi The Globe and Mail

10 of 10

No. 10: Ronald Pantin, Pacific Rubialis Energy Corp. -- $11,124,321.

Pacific Rubialis Energy/Pacific Rubialis Energy

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