By the time most Canadians roll up their sleeves to begin work in 2008, Canada's top 100 paid CEO's will have already pocketed what it takes the rest of us a year to earn. By 10:33am on January 2nd, all 100 of these CEO's will have surpassed the national average wage earnings of $38,998.00. By 1:04pm on New Year's Day, they had already pocketed what a minimum wage earner will make for the entire year.

According to the Canadian Centre for Policy Alternatives www.policyalternatives.ca these CEO's will continue to "earn" the national average every nine hours and 33 minutes for the rest of the year.

"Most Canadians are heading back to work with a mound of Christmas bills and financial worries but for Canada's best paid 100 CEOs it's like Santa Claus delivers every nine hours," says the report's author Hugh Mackenzie. "That represents a significant gap between the rich and the rest of us--especially the working poor who earn minimum wage. We have to ask ourselves, are those at the top of the income heap really worth so much? And are the rest of us really worth so little?"

The CEO income report and an online tool to find out how quickly the top 100 CEOs earn your salary are available at:
www.growinggap.ca