The CEOs of Canada's biggest companies are paid 159 times more than average workers, according to a report from consultancy Gallagher McDowall & Associates. The group also delved into compensation practices at the next 60 largest firms, for a total pool of 120 Canadian companies. According to the report, the average CEO of one of Canada's biggest 60 companies paid $3.47 million in taxes last year, roughly 44 per cent of their income. The company estimates that Canada's top CEOs paid about $200 million in income tax last year, a figure which is roughly equivalent to what 25,000 average industrial workers would have collectively paid. "There's this assumption that when you're a very high earner you don't pay any tax," Levasseur says.

Source: CBC News September 16, 2016 19:59 UTC