Top performers in business—like top athletes and entertainers—are highly sought after globally, well compensated

CEOS included in the survey—not just the top 100—are included in the analysis, the average compensation falls to $2.2 million.

And yet, every year in Canada there are calls for governments to introduce new punitive taxes and/or limitations through new regulations on what Canadian firms are allowed to pay executives. These policies would likely damage the Canadian economy by making the country less competitive in attracting and retaining top talent. “Higher taxes and increased regulations would make it harder for businesses here to attract top talent from around the world, which would have an impact on Canada, Canadian businesses and even Canadian workers,” Clemens said.