The average Canadian worker makes just over $44,000 a year, according to a new study from the Canadian Centre for Policy Alternatives.
As many of these workers return to work after the holidays, the study also finds many of the top Canadian CEOs will have made the average worker's annual salary by noon.
The top 100 highest paid CEOs, whose companies are listed on the S&P/TSX composite index, made an average of $8.38 million in 2010.
That's a full 189 times higher than the $44,366 average salary for Canadians working full time in 2010, according to the report.
Further, the $8.38 million marks about a 27% increase over the 2009 salary for the top 100 CEOs.
Meanwhile, the wage for average Canadians has stagnated in this period. The report indicates, after adjusting for inflation, average wages actually fell in 2010.
The report's author, economist Hugh MacKenzie, concluded that Canada's CEO elite have left the rest of us behind.
He says they no longer live in the world occupied by the rest of us, but rather in a world largely created by themselves.
The top earning executives include Frank Stronach, founder of Magna International, who earned $61.8 million. Magna's CEO Donald Walker was also on the list, earning a reported $16.7 million.
RIM's co-CEOs Mike Lazaridis and Jim Balsillie were both on the list at $5.1 million each.
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