immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Executive Compensation: Canadian Centre For Policy Alternatives

Executive Compensation Dept: The annual expose of executive compensation by the Canadian Centre for Policy Alternatives is clearly on the right track when it points to shenanigans such as those at Nortel where top management apparently raided the company to their personal benefit by cooking the books. But should all high earners be vilified?, according to The Star. There is little debate that as a young immigrant toolmaker Stronach had very modest means but was gifted with a unique vision and drive to build a truly different type of company from scratch No Stronach, no Magna. So what did he achieve and re: Top 100 chief executives in Canada earned $7.7 million on average, Jan. 1 Magna Corp. s executive compensation is a matter that is properly decided between Frank Stronach and the company s shareholders, but let s take a peek at some of the considerations that might come into play. (www.immigrantscanada.com). As reported in the news.