(Source: Press Progress, March 22, 2022)
OTTAWA, Ontario — During CP Rail’s labor battle with railway workers, management at the multibillion dollar company has attempted to sway public opinion against workers by suggesting their railway workers are overpaid. However, experts say this talking point is “smoke and mirrors,” overlooking the fact CP Rail’s own CEO is one of the highest paid executives in Canada. After threatening to lock-out workers last week CP Rail claimed that average compensation for its employees increased 43% between 2007 and 2020. But according to 2020 shareholder reports, the CP Rail CEO’s total compensation increased by 920% during the same time period – from $1.8 million in 2007 to $16.8 million in 2020.
Full story: Press Progress