How nice to read that the pay of Canada’s CEOs has jumped by 11 per cent in one year – 2012 to 2013.
That’s way better than corporate profits, down (not up) four to five percent.
Being CEOs, they, of course, deserve it, in their own modest opinions.
Meanwhile, here in White Rock, it takes this well-to-do city’s leaders one year of talking and a one month strike to nickel and dime our way to a contract with our civic employees, a contract that kindly allows workers to pay for their own long-term disability insurance.
And local teachers are being dumped on for asking for better conditions for students and, no kidding, asking for what amounts to a raise of about 3½ per cent for one year. Give them that for another couple of years and it would be just about equal to that 11 per cent in one year the country’s CEOs have kindly given themselves.
Meanwhile, they’re lucky they’re not working for the Harper government, which is phasing out postal workers and forcing substandard contracts on new employees in the airlines and elsewhere.
Guess it’s good to be a CEO.
Bill Piket, White Rock