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Mon, 07 Jan 2013 10:30:00 GMT | By Jason Buckland, MSN Money
Canada's highest-paid CEOs

The most well-compensated leaders of industry in Canada (salary figures are from 2011), according to the Canadian Centre for Policy Alternatives.



Peter Marrone, CEO, Yamana Gold; Frank Stronach, (former) CEO, Magna International; Gerald Schwartz, CEO, Onex Corp. (© Luke MacGregor/Reuters; Leonhard Foeger/Reuters; Mark Blinch/Reuters)
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  • Peter Marrone, CEO, Yamana Gold; Frank Stronach, (former) CEO, Magna International; Gerald Schwartz, CEO, Onex Corp. (© Luke MacGregor/Reuters; Leonhard Foeger/Reuters; Mark Blinch/Reuters)
  • Yamana Gold Inc's chairman and chief executive Peter Marrone on May 4, 2011. (© Luke MacGregor/Reuters)
  • Former Ivanhoe Mines chairman and CEO Robert Friedland on Feb. 8, 2012. (© Mike Hutchings/Reuters)
  • Onex chairman of the board, president, and chief executive officer Gerald Schwartz on May 6, 2010. (© Mark Blinch/Reuters)
  • Chief executive officer for Magna International Inc. Donald Walker on May 10, 2012. (© Fred Thornhill/Reuters)
  • Rick George, president and CEO of Suncor Energy, on March 25, 2011. (© Mike Sturk/Reuters)
  • Ned Goodman of Dundee Corp in Toronto, Ont., on June 1, 2005. (© Kevin Van Paassen/The Globe and Mail)
  • Brad Shaw, CEO of Shaw Communications, on Jan. 12, 2012. (© Jeff McIntosh/The Canadian Press)
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Luke MacGregor/Reuters; Leonhard Foeger/Reuters; Mark Blinch/ReutersShow Thumbnails
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It is the ultimate David/Goliath clash, though it's also one battle David has no chance of winning. In Canada, there may be no more lopsided match than that of CEO pay vs. the Average Joe's.

According to the Canadian Centre for Policy Alternatives, the 100 highest-paid CEOs pocketed an average of $7.7 million in 2011, the latest year data is available. That means that it only took until a bit after lunchtime on Jan. 2 for Canada's richest CEOs to earn the national average salary of $45,448. Who are Canada's best-paid chief executives? Click through to find out.

* Bing: Who is the world's highest-paid CEO?

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