A new analysis of escalating CEO compensation compiled by the Canadian Centre for Policy Alternatives found that the average of the 100 highest-paid Canadian chief executives working for a publicly traded company earned $8,528,000 compared to the average salary of just $38,998 for people who are not CEOs. In fact, Canada's top CEOs now make 218 times as much as the average full-time worker, compared to only 104 times as much 1998. It appears that America isn't the only country with the problem!

"It appears to have had something to do with the fact that the market for chief executive officers became significantly an international market in the 1990s and the salary levels in the U.S. tended to slip over (into Canada)," said one of the report's authors. "All it takes is one or two Canadian companies doing really well after hiring a high-profile American chief executive officer and others start to do it, and that tends to drive up the general level of CEO salaries."