{"id":200929,"date":"2024-01-03T02:43:55","date_gmt":"2024-01-03T00:43:55","guid":{"rendered":"https:\/\/ceoworld.biz\/?p=200929"},"modified":"2024-01-03T02:43:55","modified_gmt":"2024-01-03T00:43:55","slug":"ranked-canadas-top-100-highest-paid-ceos-2024","status":"publish","type":"post","link":"https:\/\/ceoworld.biz\/2024\/01\/03\/ranked-canadas-top-100-highest-paid-ceos-2024\/","title":{"rendered":"Ranked: Canada’s top 100 highest-paid CEOs, 2024"},"content":{"rendered":"

According to a recent report, J. Patrick Doyle, the executive chairman of Restaurant Brands International, which owns Tim Hortons, Burger King, and Popeyes, among other fast-food chains, tops the list of highest-paid CEOs in Canada, with a total compensation of over $151 million. Matthew Proud, the CEO of software company Dye & Durham Limited, came in second, earning nearly $100 million.<\/p>\n

Magna International CEO Seetarama S. Kotagiri is number three on the list with a total compensation of over $36.4 million in 2022, while Rogers Communications CEO Tony Staffieri is number four at over $31.5 million.<\/p>\n

Canada\u2019s top 100 CEOs were paid a whopping $14.9 million on average. The average CEO collects $7,162 an hour. It takes just over eight hours in the new year for the top 100 CEOs to clock in an average of $60,600\u2014what the average worker in Canada makes in an entire year.<\/p>\n

Canada's top 100 highest-paid CEOs, 2024<\/h2>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t
Rank<\/th>Name<\/th>Company<\/th>Title<\/th>Total compensation<\/th>\n<\/tr>\n<\/thead>\n
1<\/td>J. Patrick Doyle<\/td>Restaurant Brands International Inc.<\/td>Executive Chairman<\/td>151,812,911<\/td>\n<\/tr>\n
2<\/td>Matthew Proud<\/td>Dye & Durham Limited<\/td>Global CEO and Director<\/td>98,864,268<\/td>\n<\/tr>\n
3<\/td>Seetarama S. Kotagiri<\/td>Magna International Inc.<\/td>Chief Executive Officer<\/td>36,398,662<\/td>\n<\/tr>\n
4<\/td>Tony Staffieri<\/td>Rogers Communications Inc.<\/td>President and Chief Executive Officer<\/td>31,515,047<\/td>\n<\/tr>\n
5<\/td>Mark J. Barrenechea<\/td>Open Text Corporation<\/td>Vice Chair, Chief Executive Officer and Chief Technology Officer<\/td>30,252,989<\/td>\n<\/tr>\n
6<\/td>Tobias L\u00fctke<\/td>Shopify Inc.<\/td>CEO<\/td>26,026,203<\/td>\n<\/tr>\n
7<\/td>Gary Berman<\/td>Tricon Residential Inc.<\/td>President & Chief Executive Officer<\/td>25,781,356<\/td>\n<\/tr>\n
8<\/td>Joseph C. Papa<\/td>Bausch Health Companies Inc.<\/td>Former Chief Executive Officer<\/td>25,742,006<\/td>\n<\/tr>\n
9<\/td>Irwin Simon<\/td>Tilray Brands, Inc.<\/td>President, Chief Executive Officer and Chairman of the Board<\/td>25,319,091<\/td>\n<\/tr>\n
10<\/td>Jos\u00e9 Cil<\/td>Restaurant Brands International Inc.<\/td>CEO<\/td>22,188,911<\/td>\n<\/tr>\n
11<\/td>Michael Gorenstein<\/td>Cronos Group Inc.<\/td>Chairman, President and CEO<\/td>21,462,705<\/td>\n<\/tr>\n
12<\/td>Philip Fayer<\/td>Nuvei Corporation<\/td>Chair and Chief Executive Officer<\/td>21,015,277<\/td>\n<\/tr>\n
13<\/td>Sean Boyd<\/td>Agnico Eagle Mines Limited<\/td>Executive Chair<\/td>20,065,592<\/td>\n<\/tr>\n
14<\/td>Darren Entwistle<\/td>Telus Corp<\/td>President and Chief Executive Officer (CEO)<\/td>17,486,325<\/td>\n<\/tr>\n
15<\/td>D. Mark Bristow<\/td>Barrick Gold Corp<\/td>President and Chief Executive Officer<\/td>17,385,911<\/td>\n<\/tr>\n
16<\/td>B.W. Corson<\/td>Imperial Oil Limited<\/td>Chairman, president and chief executive officer<\/td>17,341,523<\/td>\n<\/tr>\n
17<\/td>Al Monaco<\/td>Enbridge Inc.<\/td>President & Chief Executive Officer<\/td>17,234,129<\/td>\n<\/tr>\n
18<\/td>Thomas J. Appio.<\/td>Bausch Health Companies Inc.<\/td>Chief Executive Officer<\/td>17,140,022<\/td>\n<\/tr>\n
19<\/td>Roy Gori<\/td>Manulife Financial Corporation<\/td>President and CEO<\/td>17,078,534<\/td>\n<\/tr>\n
20<\/td>Patrick Dovigi<\/td>GFL Environmental Inc.<\/td>President and Chief Executive Officer<\/td>16,822,039<\/td>\n<\/tr>\n
21<\/td>D. McKay<\/td>Royal Bank of Canada<\/td>President and Chief Executive Officer<\/td>16,363,877<\/td>\n<\/tr>\n
22<\/td>N. Murray Edwards<\/td>Canadian Natural Resources Limited<\/td>Executive Chair<\/td>15,633,171<\/td>\n<\/tr>\n
23<\/td>Mark S. Little<\/td>Suncor Energy Inc.<\/td>Former President and Chief Executive Officer<\/td>15,629,961<\/td>\n<\/tr>\n
24<\/td>Linda Hasenfratz<\/td>Linamar Corporation<\/td>Chief Executive Officer<\/td>15,147,896<\/td>\n<\/tr>\n
25<\/td>Bharat Masrani<\/td>The Toronto-Dominion Bank<\/td>Group President and Chief Executive Officer, TD Bank Group<\/td>15,076,267<\/td>\n<\/tr>\n
26<\/td>Robert A. Mionis<\/td>Celestica Inc.<\/td>President and Chief Executive Officer<\/td>14,764,513<\/td>\n<\/tr>\n
27<\/td>Keith E. Creel<\/td>Canadian Pacific Kansas City Ltd<\/td>President and Chief Executive Officer<\/td>14,523,546<\/td>\n<\/tr>\n
28<\/td>Darryl White<\/td>Bank of Montreal<\/td>Chief Executive Officer<\/td>14,285,506<\/td>\n<\/tr>\n
29<\/td>Edmund F. Murphy III<\/td>Great-West Lifeco Inc.<\/td>President and Chief Executive Officer of Empower<\/td>13,945,980<\/td>\n<\/tr>\n
30<\/td>Serge Godin<\/td>CGI Group Inc.<\/td>Founder and Executive Chairman of the Board<\/td>13,800,517<\/td>\n<\/tr>\n
31<\/td>Steve Hasker<\/td>Thomson Reuters Corporation<\/td>President and Chief Executive Officer<\/td>13,773,481<\/td>\n<\/tr>\n
32<\/td>Tracy Robinson<\/td>Canadian National Railway Company<\/td>President and Chief Executive Officer<\/td>13,730,479<\/td>\n<\/tr>\n
33<\/td>Alain B\u00e9dard<\/td>TFI International Inc.<\/td>President and CEO<\/td>13,725,105<\/td>\n<\/tr>\n
34<\/td>Anthony Makuch<\/td>Agnico Eagle Mines Limited<\/td>Former Chief Executive Officer<\/td>13,644,423<\/td>\n<\/tr>\n
35<\/td>Jeff Puritt<\/td>Telus International Cda Inc<\/td>President and Chief Executive Officer<\/td>13,628,040<\/td>\n<\/tr>\n
36<\/td>George D. Schindler<\/td>CGI Group Inc.<\/td>President and Chief Executive Officer<\/td>13,627,963<\/td>\n<\/tr>\n
37<\/td>Brian J. Porter<\/td>Bank of Nova Scotia, The<\/td>President and Chief Executive Officer<\/td>13,597,600<\/td>\n<\/tr>\n
38<\/td>Mirko Bibic<\/td>BCE Inc.<\/td>President and CEO BCE Inc. and Bell Canada<\/td>13,593,649<\/td>\n<\/tr>\n
39<\/td>R. Jeffrey Orr<\/td>Power Corporation of Canada<\/td>President and Chief Executive Officer<\/td>13,311,802<\/td>\n<\/tr>\n
40<\/td>Glenn J. Chamandy<\/td>Gildan Activewear Inc.<\/td>President and CEO<\/td>12,866,848<\/td>\n<\/tr>\n
41<\/td>Alex Pourbaix<\/td>Cenovus Energy Inc.<\/td>President & CEO<\/td>12,836,401<\/td>\n<\/tr>\n
42<\/td>Charles Brindamour<\/td>Intact Financial Corporation<\/td>Chief Executive Officer, IFC<\/td>12,419,736<\/td>\n<\/tr>\n
43<\/td>Michael Rousseau<\/td>Air Canada<\/td>President and Chief Executive Officer<\/td>12,375,100<\/td>\n<\/tr>\n
44<\/td>Brian Hannasch<\/td>Alimentation Couche-Tard Inc.<\/td>President and Chief Executive Officer<\/td>12,269,263<\/td>\n<\/tr>\n
45<\/td>D.R. Lindsay<\/td>Teck Resources Limited<\/td>Former CEO<\/td>11,986,100<\/td>\n<\/tr>\n
46<\/td>J.G. Reid<\/td>Russel Metals Inc.<\/td>President and CEO<\/td>11,963,113<\/td>\n<\/tr>\n
47<\/td>Galen G. Weston<\/td>George Weston Limited<\/td>Chairman and CEO of the Corporation<\/td>11,792,068<\/td>\n<\/tr>\n
48<\/td>David G. Hutchens<\/td>Fortis Inc.<\/td>President and Chief Executive Officer<\/td>11,558,895<\/td>\n<\/tr>\n
49<\/td>Alexandre L'Heureux<\/td>WSP Global Inc.<\/td>President Winpak Portion Packaging, Winpak Heat Seal, Winpak Lane, Inc.<\/td>11,530,245<\/td>\n<\/tr>\n
50<\/td>Alan Kestenbaum<\/td>Stelco Holdings Inc.<\/td>Executive Chairman and Chief Executive Officer<\/td>11,512,400<\/td>\n<\/tr>\n
51<\/td>Ken Seitz<\/td>Nutrien Ltd.<\/td>President & CEO<\/td>11,353,564<\/td>\n<\/tr>\n
52<\/td>Scott Burrows<\/td>Pembina Pipeline Corporation<\/td>President and Chief Executive Officer<\/td>11,311,107<\/td>\n<\/tr>\n
53<\/td>Victor Dodig<\/td>Canadian Imperial Bank of Commerce<\/td>CEO<\/td>11,014,950<\/td>\n<\/tr>\n
54<\/td>Laurent Ferreira<\/td>National Bank of Canada<\/td>President and Chief Executive Officer<\/td>10,988,413<\/td>\n<\/tr>\n
55<\/td>Neil Rossy<\/td>Dollarama Inc.<\/td>CEO<\/td>10,627,929<\/td>\n<\/tr>\n
56<\/td>Fran\u00e7ois Poirier<\/td>TC Energy Corporation<\/td>President and Chief Executive Officer<\/td>10,604,876<\/td>\n<\/tr>\n
57<\/td>Marc Parent<\/td>CAE Inc.<\/td>President and Chief Executive Officer<\/td>10,598,763<\/td>\n<\/tr>\n
58<\/td>Dani Reiss<\/td>Canada Goose Holdings Inc.<\/td>Chairman and CEO<\/td>10,406,197<\/td>\n<\/tr>\n
59<\/td>Ann Fandozzi<\/td>Ritchie Bros Auctioneers Inc<\/td>Chief Executive Officer<\/td>10,306,253<\/td>\n<\/tr>\n
60<\/td>Bruce Flatt<\/td>Brookfield Asset Management<\/td>CEO<\/td>10,135,433<\/td>\n<\/tr>\n
61<\/td>John Floren<\/td>Methanex Corporation<\/td>President & CEO<\/td>10,089,991<\/td>\n<\/tr>\n
62<\/td>Paul A. Mahon<\/td>Great-West Lifeco Inc.<\/td>President and Chief Executive Officer of Lifeco and Canada Life<\/td>9,943,449<\/td>\n<\/tr>\n
63<\/td>Ammar Al-Joundi<\/td>Agnico Eagle Mines Limited<\/td>President & Chief Executive Officer<\/td>9,916,727<\/td>\n<\/tr>\n
64<\/td>Kevin D. Strain<\/td>Sun Life Financial Inc.<\/td>President & Chief Executive Officer<\/td>9,426,014<\/td>\n<\/tr>\n
65<\/td>John Sicard<\/td>Kinaxis Inc.<\/td>President and CEO<\/td>9,411,871<\/td>\n<\/tr>\n
66<\/td>Dan Barclay<\/td>Bank of Montreal<\/td>Chief Executive Officer & Group Head, BMO Capital Markets<\/td>9,099,750<\/td>\n<\/tr>\n
67<\/td>Worthing F. Jackman<\/td>Waste Connections, Inc.<\/td>President and Chief Executive Officer<\/td>9,070,108<\/td>\n<\/tr>\n
68<\/td>Tim S. McKay<\/td>Canadian Natural Resources Limited<\/td>President and CEO<\/td>9,026,560<\/td>\n<\/tr>\n
69<\/td>Randall Crawford<\/td>AltaGas Ltd.<\/td>President & CEO<\/td>8,676,379<\/td>\n<\/tr>\n
70<\/td>\u00c9ric Martel<\/td>Bombardier Inc.<\/td>President and Chief Executive Officer<\/td>8,666,398<\/td>\n<\/tr>\n
71<\/td>Jay Forbes<\/td>Element Fleet Management Corp.<\/td>Chief Executive Officer<\/td>8,650,000<\/td>\n<\/tr>\n
72<\/td>Jos\u00e9 Boisjoli<\/td>BRP Inc.<\/td>President and CEO<\/td>8,546,282<\/td>\n<\/tr>\n
73<\/td>J. Paul Rollinson<\/td>Kinross Gold Corporation<\/td>President and CEO<\/td>8,516,547<\/td>\n<\/tr>\n
74<\/td>D. Neldner<\/td>Royal Bank of Canada<\/td>Group Head and CEO, RBC Capital Markets<\/td>8,511,000<\/td>\n<\/tr>\n
75<\/td>Steven K. Hudson<\/td>Ecn Capital Corp<\/td>Chief Executive Officer<\/td>8,490,983<\/td>\n<\/tr>\n
76<\/td>David Klein<\/td>Canopy Growth Corp<\/td>CEO<\/td>8,405,775<\/td>\n<\/tr>\n
77<\/td>Scott Perry<\/td>Centerra Gold Inc.<\/td>Former President & Chief Executive Officer<\/td>8,356,021<\/td>\n<\/tr>\n
78<\/td>Scott Balfour<\/td>Emera Incorporated<\/td>President and Chief Executive Officer<\/td>8,248,010<\/td>\n<\/tr>\n
79<\/td>Edward J. Ryan<\/td>The Descartes Systems Group Inc.<\/td>Chief Executive Officer<\/td>8,012,255<\/td>\n<\/tr>\n
80<\/td>Ian L. Edwards<\/td>SNC-Lavalin Group Inc.<\/td>President and CEO<\/td>7,976,320<\/td>\n<\/tr>\n
81<\/td>Clive Johnson<\/td>B2Gold Corp.<\/td>President and CEO<\/td>7,763,925<\/td>\n<\/tr>\n
82<\/td>Philip K. R. Pascall<\/td>First Quantum Minerals Ltd<\/td>CEO until May 5, 2022<\/td>7,715,451<\/td>\n<\/tr>\n
83<\/td>Thomas J. Harrington<\/td>Primo Water Corporation<\/td>Chief Executive Officer<\/td>7,664,276<\/td>\n<\/tr>\n
84<\/td>Nancy C. Southern<\/td>ATCO LTD.<\/td>Chair & Chief Executive Officer<\/td>7,595,415<\/td>\n<\/tr>\n
85<\/td>Gord Johnston<\/td>Stantec Inc.<\/td>President & CEO<\/td>7,567,690<\/td>\n<\/tr>\n
86<\/td>Tim Gitzel<\/td>Cameco Corporation<\/td>President and Chief Executive Officer<\/td>7,390,802<\/td>\n<\/tr>\n
87<\/td>Kurt MacAlpine<\/td>CI Financial Corp.<\/td>Chief Executive Officer and Director<\/td>7,328,854<\/td>\n<\/tr>\n
88<\/td>Connor Teskey<\/td>Brookfield Renewable Partners LP<\/td>Chief Executive Officer of the Service Provider<\/td>7,265,785<\/td>\n<\/tr>\n
89<\/td>James O\u2019Sullivan<\/td>IGM Financial Inc.<\/td>President and Chief Executive Officer, IGM Financial Inc.<\/td>7,113,469<\/td>\n<\/tr>\n
90<\/td>Rowan Saunders<\/td>Definity Financial Corporation<\/td>President and Chief Executive Officer<\/td>7,077,267<\/td>\n<\/tr>\n
91<\/td>L. Scott Thomson<\/td>Finning International Inc.<\/td>former President and Chief Executive Officer<\/td>7,058,810<\/td>\n<\/tr>\n
92<\/td>K.P. Smith<\/td>Suncor Energy Inc.<\/td>Interim President & Chief Executive Officer<\/td>7,043,503<\/td>\n<\/tr>\n
93<\/td>Daniel Daviau<\/td>Canaccord Genuity Group Inc.<\/td>CEO<\/td>7,012,022<\/td>\n<\/tr>\n
94<\/td>Jay S. Hennick<\/td>COLLIERS INTERNATIONAL GROUP INC.<\/td>Chairman and Chief Executive Officer<\/td>6,955,774<\/td>\n<\/tr>\n
95<\/td>Paul Dalla Lana<\/td>NorthWest Healthcare Properties Real Estate Investment Trust<\/td>Chief Executive Officer<\/td>6,934,789<\/td>\n<\/tr>\n
96<\/td>Dr. Ajay Virmani<\/td>Cargojet Inc.<\/td>Founder, President & Chief Executive Officer<\/td>6,931,008<\/td>\n<\/tr>\n
97<\/td>Ray Ferris<\/td>West Fraser Timber Co. Ltd.<\/td>President and CEO<\/td>6,824,444<\/td>\n<\/tr>\n
98<\/td>Michael Medline<\/td>Empire Company Limited<\/td>President & CEO<\/td>6,767,791<\/td>\n<\/tr>\n
99<\/td>A. Hider<\/td>ATS Automation<\/td>Chief Executive Officer<\/td>6,745,200<\/td>\n<\/tr>\n
100<\/td>Randy V.J. Smallwood<\/td>Wheaton Precious Metals Corp.<\/td>President and Chief Executive Officer<\/td>6,698,241<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

Compensation converted from U.S. dollars to Canadian dollars using the average annual exchange rate.<\/p>\n

\n

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According to a recent report, J. Patrick Doyle, the executive chairman of Restaurant Brands International, which owns Tim Hortons, Burger King, and Popeyes, among other fast-food chains, tops the list of highest-paid CEOs in Canada, with a total compensation of over $151 million. Matthew Proud, the CEO of software company Dye & Durham Limited, came […]<\/p>\n","protected":false},"author":5603,"featured_media":129864,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37201],"tags":[36181,36187,36211,36215,36223,37206,37247,37249],"class_list":["post-200929","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-special-reports","tag-director-insider","tag-chief-audit-executive-insider","tag-chief-knowledge-officer-insider","tag-chief-networking-officer-insider","tag-chief-research-officer-insider","tag-millionaire-insider","tag-alternative-managers-insider","tag-wealth-advisor-insider"],"yoast_head":"\nRanked: Canada's top 100 highest-paid CEOs, 2024 - CEOWORLD magazine<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ceoworld.biz\/2024\/01\/03\/ranked-canadas-top-100-highest-paid-ceos-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ranked: Canada's top 100 highest-paid CEOs, 2024 - CEOWORLD magazine\" \/>\n<meta property=\"og:description\" content=\"According to a recent report, J. 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