Almost 15 million dollars. That’s how much 100 of Canada’s top CEOs were paid in 2022–an all time high. And it’s more than double what the top executives were paid in 2008. Compare that to the typical Canadian worker who got an average three per cent raise to just over 60 thousand a year. By comparison, the top CEOs made that in 8 hours. So, at a time when the average Canadian is facing food inflation and housing affordability, why do Canada’s richest keep getting richer? We reached David Macdonald, senior economist at the Canadian Centre for Policy Alternatives, who released a report this week.
We’ve just said goodbye to 2023 and are a few days into 2024. Do you plan to make changes this year? Experts agree that New Year’s resolutions usually fail because they’re too big of a goal. So the best advice is start small. In fact, one study finds 9 in 10 Americans fail at resolutions. We reached Jim Davies, a cognitive science professor at Carleton University, for some do’s and don’ts when it comes to resolutions.