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These executives are among the highest paid CEOs in Canada
A look at the highest paid executives in Canada as the top CEOs in the country make 248 times more than the average Canadian worker, according to data from the Canadian Centre for Policy Alternatives. Total compensation includes share-based awards and other compensation beyond annual salaries.
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Position: Executive Chair of the Board for Linamar Corp.
2024 total compensation: $16,681,217
Linda Hasenfratz, president and chief executive officer of Linamar Corp., speaks during the The International Economic Forum of the Americas (IEFA) Toronto Global Forum in Toronto, Ontario, Canada, on Wednesday, Sept. 4, 2019.
(Cole Burston/Bloomberg via Getty Images)
Position: Chief Executive Officer, IFC of Intact Financial Corp.
2024 total compensation: $17,761,685
Charles Brindamour, Chief Executive Officer of Intact Financial Corporation, is shown in Montreal on Thursday, April 25, 2019.
(THE CANADIAN PRESS/Paul Chiasson)
Position: President and CEO of Canadian National Railway Co.
2024 total compensation: $18,599,916
President and CEO of Canadian National Railway (CN) Tracy Robinson speaks during a luncheon in Montreal on Monday, Feb. 17, 2025.
(THE CANADIAN PRESS/Christinne Muschi)
Position: CEO of Restaurant Brands International Inc.
2024 total compensation: $19,820,825
Joshua Kobza speaks during a Senate Permanent Subcommittee on Investigations hearing in Washington, D.C., on Thursday, July 30, 2015.
(Andrew Harrer/Bloomberg via Getty Images)
Position: Vice Chair, CEO and CTO of Open Text Corp.
2024 total compensation: $20,194,600
OpenText CEO and CTO Mark Barrenechea speaks at the Open Government Partnership Global Summit in Ottawa on Wednesday, May 29, 2019.
(THE CANADIAN PRESS/Justin Tang)
Position: President and Chief Executive Officer of Quebecor Inc.
2024 total compensation: $20,440,317
President and CEO of Quebecor Pierre Karl Péladeau gives remarks at the company's annual general meeting in Montreal on Thursday, May 8, 2025.
(THE CANADIAN PRESS/Christopher Katsarov)
Position: President and Chief Executive Officer of Manulife
2024 total compensation: $20,464,452
Roy Gori, president and chief executive officer of Manulife, during an event at the Canadian Club in Toronto on Thursday, April 24, 2025.
(Galit Rodan/Bloomberg via Getty Images)
Position: President and Chief Executive Officer of Telus Corp.
2024 total compensation: $20,616,308
Telus CEO Darren Entwistle, marked the opening of the company's new 60-storey Calgary headquarters called Telus Sky in Calgary, Alta., Wednesday, July 6, 2022.
(THE CANADIAN PRESS/Jeff McIntosh)
Position: President and Chief Executive Officer of Canadian Pacific Kansas City Ltd.
2024 total compensation: $23,572,602
Keith Creel holds the door for a shareholders meeting in Calgary, Thursday, May 10, 2018.
(THE CANADIAN PRESS/Jeff McIntosh)
Position: President and Chief Executive Officer of Enbridge Inc.
2024 total compensation: $23,782,463
Gregory "Greg" Ebel speaks during an interview in New York, U.S., on Tuesday, Jan. 17, 2012.
(Victor J. Blue/ Bloomberg via Getty Images)
Position: President and Chief Executive Officer of Royal Bank of Canada
2024 total compensation: $25,971,626
David McKay President and CEO of Royal Bank of Canada, attends a panel conversation hosted by CANZA, Canadian Alliance for Net-Zero Agri-food, in Toronto, on Tuesday October 10, 2023.
(THE CANADIAN PRESS/Chris Young)
Position: President and CEO of Gildan Activewear Inc.
2024 total compensation: $36,859,852
Gildan Activewear Inc. CEO Glenn Chamandy smiles following their annual meeting in Montreal, Tuesday, May 28, 2024.
(THE CANADIAN PRESS/Christinne Muschi)
Position: President and Chief Executive Officer of GFL Environment Inc.
2024 total compensation: $67,008,973
Philanthropist Jay Hennick at The ROM Announces OpenROM, a project that seeks to reimagines the museum for the future on February 14, 2024.
(THE CANADIAN PRESS/Sammy Kogan)
Position: Chairman and Chief Executive Officer of Colliers International Group Inc.
2024 total compensation: $70,321,673
Philanthropist Jay Hennick speaks at The ROM Announces OpenROM, a project that seeks to reimagines the museum for the future on February 14, 2024.
(Nick Lachance/Toronto Star via Getty Images)
Position: CEO & Head of R&D of Shopify Inc.
2024 total compensation: $205,470,115
Tobias Lutke, co-founder and CEO of Shopify, participates in the State of Crypto Summit, in New York, Thursday, June 12, 2025.
(AP Photo/Richard Drew)