Canadian Tire, Loblaw reward execs for pandemic performance

Canadian Tire Corp. and Loblaw Cos. have paid out major bonuses to executives for weathering another pandemic year, The Globe and Mail reports. Senior executives at CTC took home bonuses in 2021 that were up by 80 percent from the previous year. CEO Greg Hicks received $2.64-million, almost triple his bonus pay for 2020. Loblaw paid its five highest-earning executives more than $1-million each in bonuses.