globeandmail.com : Business

2006 Edition

Top 1000 Companies

Top 50 Highest Paid Executives

RANK

COMPANY

CEO

TOTAL ($)

DETAILS

Precision Drilling Trust

Hank Swartout

74,824,331

Salary($):	840,000	Bonus($):	3,360,000	Other($):	15,589,000	2005 rank:	9
Title:		CEO	Share Units/Incentive Plan($):			0
Option Gain($):		55,035,331

Canadian National Railway Co.

Hunter Harrison

56,219,494

Salary($):	1,665,950	Bonus($):	4,664,660	Other($):	1,710,324	2005 rank:	6
Title:		CEO	Share Units/Incentive Plan($):			20,931,213
Option Gain($):		27,247,347

Magna International Inc.

Frank Stronach

40,320,836

Salary($):	242,320	Bonus($):	0	Other($):	40,078,516	2005 rank:	4
Title:		Chairman	Share Units/Incentive Plan($):			0
Option Gain($):		0

Nortel Networks Corp.(1)

Mike Zafirovski

37,429,297

Salary($):	305,785	Bonus($):	0	Other($):	28,698,591	2005 rank:	n/r
Title:		CEO	Share Units/Incentive Plan($):			8,424,921
Option Gain($):		0

Canadian Imperial Bank of Commerce

John Hunkin

29,471,387

Salary($):	750,000	Bonus($):	0	Other($):	2,250	2005 rank:	10
Title:		Former CEO	Share Units/Incentive Plan($):			28,719,137
Option Gain($):		n/a

Talisman Energy Inc.

James Buckee

23,330,296

Salary($):	1,104,300	Bonus($):	1,988,000	Other($):	151,704	2005 rank:	19
Title:		CEO	Share Units/Incentive Plan($):			0
Option Gain($):		20,086,292

Potash Corp. of Saskatchewan Inc.

William Doyle

22,128,865

Salary($):	1,151,020	Bonus($):	1,279,450	Other($):	165,412	2005 rank:	n/r
Title:		CEO	Share Units/Incentive Plan($):			7,672,916
Option Gain($):		11,860,067

Magna International Inc.

Donald Walker

19,550,357

Salary($):	195,795	Bonus($):	6,061,090	Other($):	35,600	2005 rank:	n/r
Title:		Co-CEO	Share Units/Incentive Plan($):			13,257,872
Option Gain($):		0

Toronto-Dominion Bank

William Ryan

19,374,059

Salary($):	1,098,222	Bonus($):	291,462	Other($):	1,536,646	2005 rank:	n/r
Title:		Chairman, TD Banknorth	Share Units/Incentive Plan($):			16,447,729
Option Gain($):		0

Power Corp. of Canada

Andre Desmarais

18,844,089

Salary($):	906,000	Bonus($):	700,000	Other($):	545,064	2005 rank:	n/r
Title:		Co-CEO	Share Units/Incentive Plan($):			0
Option Gain($):		16,693,025

Teck Cominco Ltd.

David Thompson

18,371,611

Salary($):	733,333	Bonus($):	809,300	Other($):	0	2005 rank:	n/r
Title:		Former CEO	Share Units/Incentive Plan($):			483,868
Option Gain($):		16,345,110

EnCana Corp.

Gwyn Morgan

18,162,454

Salary($):	1,475,000	Bonus($):	2,660,000	Other($):	159,171	2005 rank:	14
Title:		Former CEO	Share Units/Incentive Plan($):			1,916,000
Option Gain($):		11,952,283

Bank of Nova Scotia

Richard Waugh

17,180,539

Salary($):	1,000,000	Bonus($):	1,500,000	Other($):	275,801	2005 rank:	n/r
Title:		CEO	Share Units/Incentive Plan($):			3,000,000
Option Gain($):		11,404,738

Cameco Corp.

Gerald Grandey

16,567,580

Salary($):	771,300	Bonus($):	600,000	Other($):	6,449	2005 rank:	n/r
Title:		CEO	Share Units/Incentive Plan($):			2,433,600
Option Gain($):		12,756,231

Peyto Energy Trust

Donald Gray

15,512,021

Salary($):	210,000	Bonus($):	15,302,021	Other($):	0	2005 rank:	n/r
Title:		CEO	Share Units/Incentive Plan($):			0
Option Gain($):		0

TELUS Corp.

Darren Entwistle

14,096,636

Salary($):	970,000	Bonus($):	1,200,000	Other($):	149,635	2005 rank:	n/r
Title:		CEO	Share Units/Incentive Plan($):			4,473,780
Option Gain($):		7,303,221

Shell Canada Ltd.

Neil Camarta

14,004,048

Salary($):	322,500	Bonus($):	290,000	Other($):	1,270,220	2005 rank:	n/r
Title:		Former Sr. VP	Share Units/Incentive Plan($):			0
Option Gain($):		12,121,328

Power Corp. of Canada

Paul Desmarais Jr.

13,881,208

Salary($):	906,000	Bonus($):	700,000	Other($):	455,021	2005 rank:	21
Title:		Co-CEO	Share Units/Incentive Plan($):			0
Option Gain($):		11,820,187

Glamis Gold Ltd.

Randy Reifel

13,845,375

Salary($):	0	Bonus($):	0	Other($):	0	2005 rank:	n/r
Title:		Director	Share Units/Incentive Plan($):			0
Option Gain($):		13,845,375

Magna International Inc.

Manfred Gingl

13,458,348

Salary($):	133,882	Bonus($):	4,675,819	Other($):	1,805,200	2005 rank:	24
Title:		Exec Vice-chairman	Share Units/Incentive Plan($):			4,396,509
Option Gain($):		2,446,938

George Weston Ltd.(2)

Galen Weston

13,443,692

Salary($):	1,600,000	Bonus($):	460,000	Other($):	10,000	2005 rank:	n/r
Title:		Chairman	Share Units/Incentive Plan($):			2,830,059
Option Gain($):		8,543,633

Sherritt International Corp.

Ian Delaney

13,254,575

Salary($):	750,000	Bonus($):	112,500	Other($):	331,405	2005 rank:	n/r
Title:		CEO	Share Units/Incentive Plan($):			0
Option Gain($):		12,060,670

Canadian National Railway Co.

Claude Mongeau

12,319,589

Salary($):	592,472	Bonus($):	798,323	Other($):	1,095,030	2005 rank:	n/r
Title:		CFO	Share Units/Incentive Plan($):			6,104,937
Option Gain($):		3,728,827

Penn West Energy Trust

William Andrew

12,102,463

Salary($):	350,000	Bonus($):	400,000	Other($):	59,073	2005 rank:	n/r
Title:		CEO	Share Units/Incentive Plan($):			0
Option Gain($):		11,293,390

Alimentation Couche-Tard Inc.

Alain Bouchard

12,048,807

Salary($):	850,000	Bonus($):	424,307	Other($):	0	2005 rank:	13
Title:		CEO	Share Units/Incentive Plan($):			0
Option Gain($):		10,774,500

Niko Resources Ltd.(3)

Robert Ohlson

11,990,800

Salary($):	278,300	Bonus($):	0	Other($):	0	2005 rank:	n/r
Title:		Former President	Share Units/Incentive Plan($):			0
Option Gain($):		11,712,500

Alcan Inc.

Travis Engen

11,850,491

Salary($):	1,817,400	Bonus($):	4,240,600	Other($):	-1,044,265	2005 rank:	n/r
Title:		Former CEO	Share Units/Incentive Plan($):			6,836,756
Option Gain($):		0

EnCana Corp.

Randall Eresman

11,754,161

Salary($):	980,000	Bonus($):	1,387,500	Other($):	136,752	2005 rank:	36
Title:		COO	Share Units/Incentive Plan($):			1,302,880
Option Gain($):		7,947,029

Rogers Communications Inc.

Alan Horn

11,736,606

Salary($):	514,048	Bonus($):	580,396	Other($):	1,912	2005 rank:	n/r
Title:		Former CFO	Share Units/Incentive Plan($):			0
Option Gain($):		10,640,250

MDS Inc.

John Rogers

11,731,004

Salary($):	425,000	Bonus($):	195,000	Other($):	10,772,801	2005 rank:	n/r
Title:		Former CEO	Share Units/Incentive Plan($):			338,203
Option Gain($):		0

Imperial Oil Ltd.

Tim Hearn

11,497,556

Salary($):	1,100,000	Bonus($):	900,000	Other($):	418,028	2005 rank:	37
Title:		CEO	Share Units/Incentive Plan($):			8,302,498
Option Gain($):		777,030

Shoppers Drug Mart Corp.

Andrew Faas

11,438,835

Salary($):	268,000	Bonus($):	143,917	Other($):	14,918	2005 rank:	n/r
Title:		Former Exec VP	Share Units/Incentive Plan($):			201,000
Option Gain($):		10,811,000

Canadian Tire Corp.

Wayne Sales

11,259,262

Salary($):	990,000	Bonus($):	1,079,555	Other($):	2,651,745	2005 rank:	32
Title:		Former CEO	Share Units/Incentive Plan($):			1,613,968
Option Gain($):		4,923,994

Rogers Communications Inc.

Nadir Mohamed

11,144,409

Salary($):	742,896	Bonus($):	2,240,439	Other($):	8,483	2005 rank:	n/r
Title:		Pres, Communications Group	Share Units/Incentive Plan($):			0
Option Gain($):		8,152,591

Talisman Energy Inc.

Nigel Hares

11,046,251

Salary($):	546,575	Bonus($):	500,328	Other($):	57,947	2005 rank:	n/r
Title:		Exec VP	Share Units/Incentive Plan($):			0
Option Gain($):		9,941,401

Ivanhoe Mines Ltd.

Robert Friedland

10,875,000

Salary($):	0	Bonus($):	0	Other($):	0	2005 rank:	n/r
Title:		CEO	Share Units/Incentive Plan($):			0
Option Gain($):		10,875,000

Gammon Lake Resources Inc.(4)

Fred George

10,759,231

Salary($):	169,231	Bonus($):	230,000	Other($):	0	2005 rank:	n/r
Title:		Chairman	Share Units/Incentive Plan($):			0
Option Gain($):		10,360,000

Inco Ltd.

Scott Hand

10,715,724

Salary($):	1,240,969	Bonus($):	2,416,888	Other($):	161,791	2005 rank:	n/r
Title:		CEO	Share Units/Incentive Plan($):			2,436,903
Option Gain($):		4,459,173

Onex Corp.

Gerald Schwartz

10,576,548

Salary($):	781,300	Bonus($):	9,795,248	Other($):	0	2005 rank:	3
Title:		CEO	Share Units/Incentive Plan($):			0
Option Gain($):		0

Paramount Resources Ltd.(5)

Clayton Riddell

9,981,875

Salary($):	353,250	Bonus($):	309,800	Other($):	0	2005 rank:	n/r
Title:		CEO	Share Units/Incentive Plan($):			0
Option Gain($):		9,318,825

Bank of Montreal

Tony Comper

9,981,618

Salary($):	1,000,000	Bonus($):	1,700,000	Other($):	560,454	2005 rank:	11
Title:		CEO	Share Units/Incentive Plan($):			2,700,000
Option Gain($):		4,021,164

Royal Bank of Canada

Gordon Nixon

9,632,251

Salary($):	1,400,000	Bonus($):	2,600,000	Other($):	613,667	2005 rank:	40
Title:		CEO	Share Units/Incentive Plan($):			5,018,584
Option Gain($):		0

Cognos Inc.

Renato Zambonini

9,548,382

Salary($):	406,542	Bonus($):	1,363,374	Other($):	16,982	2005 rank:	33
Title:		Former CEO	Share Units/Incentive Plan($):			0
Option Gain($):		7,761,484

Suncor Energy Inc.

Richard George

9,546,491

Salary($):	1,052,769	Bonus($):	1,800,000	Other($):	189,175	2005 rank:	44
Title:		CEO	Share Units/Incentive Plan($):			0
Option Gain($):		6,504,547

Great Canadian Gaming Corp.

Ross McLeod

9,400,838

Salary($):	376,000	Bonus($):	176,000	Other($):	298,838	2005 rank:	n/r
Title:		CEO	Share Units/Incentive Plan($):			0
Option Gain($):		8,550,000

Cinram International Inc.

Isidore Philosophe

9,377,762

Salary($):	513,292	Bonus($):	5,088,720	Other($):	0	2005 rank:	26
Title:		CEO	Share Units/Incentive Plan($):			0
Option Gain($):		3,775,750

Husky Energy Inc.

John Lau

9,306,255

Salary($):	1,075,000	Bonus($):	0	Other($):	265,055	2005 rank:	0
Title:		CEO	Share Units/Incentive Plan($):			0
Option Gain($):		7,966,200

Canadian National Railway Co.

James Foote

9,299,694

Salary($):	592,472	Bonus($):	798,323	Other($):	1,803,962	2005 rank:	n/r
Title:		Exec VP	Share Units/Incentive Plan($):			6,104,937
Option Gain($):		0

IPSCO Inc.

David Sutherland

9,244,910

Salary($):	590,655	Bonus($):	1,382,133	Other($):	33,311	2005 rank:	n/r
Title:		CEO	Share Units/Incentive Plan($):			1,917,769
Option Gain($):		5,321,042

Manulife Financial Corp.

Dominic D'Alessandro

9,161,807

Salary($):	1,211,867	Bonus($):	3,462,300	Other($):	262,640	2005 rank:	8
Title:		CEO	Share Units/Incentive Plan($):			4,225,000
Option Gain($):		0

Footnotes

(1): "Other" includes payments used to settle a lawsuit with a former employer.
(2): Includes compensation from George Weston Ltd. and Loblaw Cos. Ltd.
(3): Ohlson died in 2005.
(4): Compensation for five months from Aug. 1 to Dec. 31.
(5): Includes options from Paramount Energy Trust.
n/a: Not available
n/r: Not ranked