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Bank of Canada raises its interest rate to 5%
(www.cbc.ca)
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this post was submitted on 12 Jul 2023
185 points (98.4% liked)
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it's not even CEOs as a class. It's a tiny percentage of the CEOs of the largest companies, and even the richest Canadian CEOs are chump change compared to the "globally wealthy" that have real power. The richest Canadians, who don't work as CEOs, aren't in the top 2000 global wealth.
CEO is a job. Rich people don't have jobs. They make their money by being rich, raking it in under ALL economic scenarios.