Balsillie and Lazaridis Top the List of 100 Highest Paid Executives in Canada in 2006!

The top two executives at Research in Motion are in the top three of the 2006 pay-list for canadian executives. RIM's Jim Balsillie was the highest paid Canadian executive last year taking home $54 million dollars (there's a reason he can afford a hockey team!). 53 and a half million of Jim's $54 million was in stock options. RIM's other Co-CEO, Mike Lazaridis made $33 million including gains made on stock options.

In between Balsillie and Lazaridis was Glenn Murphy, the former CEO of Shoppers Drug Mart at $34 million. Paul Desmarais Junior came in fourth at $31 million, and number five on the list is now held by John Lederer at Loblaws with $23 million pay in 2006. You can find the list of the top100 highest paid executives is in The Globe & Mail.

Congrats Guys! You deserve it!  

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