The gap between average worker wages and Canada’s top-paid CEOs widened to a record in 2024, according to a new report that pushes for higher taxes on the wealthiest.
Average compensation for the 100 best-paid chief executives hit $16.2 million in the year, surpassing the previous record of $14.9 million in 2022, said the report out Friday from the Canadian Centre for Policy Alternatives.
Canada under the Liberal Party is all about giving your money to their corporate pals. They hate you. Why else would they swamp Canada with cheap foreign labour?
Hey Grok – How much was paid in corporate welfare to Canadian firms in 2025
Federal business subsidies (often termed corporate welfare) in Canada reached approximately $40 billion in the 2023–24 fiscal year, with continued high levels in 2025 due to ongoing programs like clean technology incentives and EV battery production subsidies.
A University of Calgary School of Public Policy report indicates federal subsidies grew 140% from 2014–15 to 2023–24, hitting $40.1 billion in 2023–24. Projections suggest they could approach $50 billion annually by 2027–28 without policy changes, driven by investment tax credits and major industrial supports. For 2025 (covering parts of fiscal years 2024–25 and 2025–26), the total likely remains in the $40–45 billion range federally, including ramped-up EV incentives.
