David MacDonald: CEO Bonuses are Boundless

The Canadian economy has suffered since the start of the COVID-19 pandemic. But not all Canadians have been impacted equally. While many low income workers have lost their jobs or worked fewer hours, Canada’s richest CEOs have made even more money. According to David Macdonald, the source of the inequality is that CEO pay is based on power rather than merit. Macdonald is a senior economist for the Canadian Centre for Policy Alternatives and he spoke at The Walrus Talks at Home: Inequality in 2022.

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