July 5th, 2021
REALITY CHECK: Trudeau makes the ultra-rich richer
The pandemic hit hard, but not for everyone.
While ordinary Canadians lost their jobs and struggled to make ends meet, the CEOs of the country's largest companies reaped the rewards. And that's an understatement.
In 2020, the median salary for these executives was $7.65 million, up 1.38% from 2019.
For the poor CEOs who were unable to collect their bonuses because of the pandemic, their corporations came to their rescue and compensated them with stocks. The median value of the stock packages they gave away was $2.89 million, up 21% from 2019.
As if that wasn't enough, Justin Trudeau's Liberals also made sure that these large companies could take advantage of government aid programs, such as the wage subsidy, without ensuring that these sums were used to help those who needed it most: workers.
If you’re rich, Justin Trudeau will always be there. But for workers and ordinary people, it's a very different story.
Canadians deserve better.