Winnipeg Free Press (Newspaper) - January 5, 2009, Winnipeg, Manitoba
C m y k Page a3 phone 204 775 1868 204 774 1679 1 800 874 7770 Cantor grocery Showbiz. Ca 99 � pkg prices effective Jan. 5, 6, 7, 8, 9, 10 we Reserve the right to limit quantities store hours Mon. Wed 7 30 6 00 pm thurs. Fri. 7 30 7 00 sat. 7 30 5 30 food mail available Logan at Quelch City wide delivery we now accept visa Mastercard & debit on delivery pork buttons whole pork butt shoulder roast $ 1.79 la. Sirloin Steak with tenderloin $ 3.99 la. Frozen red potatoes bulk prod. Of Canada # 1 Grade. La. 49 � Royal gala apples prod. Of Canada # 1 Grade. La. 99 � Navel oranges bagged 4 lbs prod. Of Usa # 1 Grade. A. $ 3.99 rutabagas prod. Of Canada # 1 Grade. La. 45 � yellow medium onions 3 la. Bag prod. Of Canada # 1 Grade. A. $ 1.99 � wrapped head lettuce prod. Of Usa # 1 Grade. A. $ 1.29 jumbo Cantalope prod. Of Usa # 1 Grade. La. 99 � produce Cool whip 1 it regular Only. A. $ 2.69 Safeway mixed vegetables mixed asian Winter California. A. $ 2.79 Safeway French Fries 1 pkg crinkle or straight. A. $ 1.88 Pickerel fillets 1 la. A. $ 5.99 Chicken burgers White meat 2 lbs. A. $ 4.99 groceries pork cutlets $ 2.69 la. T Bone or Wing Steak $ 5.99 la. Sirloin tip roast $ 3.69 la. Beef Eye of round roast $ 3.69 la. Viking Bologna $ 1.99 la. Beef Eye of round minute steaks $ 3.89 la. Pork Side ribs $ 1.99 la. Full slice round Steak $ 2.89 la. Fresh veal loin chops $ 9.99 la. Schneiders old fashion Ham 1. 2 s $ 4.89 la. Chicken legs $ 1.59 $ 1.69 by the Case portioned 40 la. Approx. Cadet wieners $ 1.79 a. 450 Gram smokehouse Side Bacon $ 1.99 a. 500 or. Package Winnipeg old country Farmer sausage twins $ 2.99 la. Sirloin tip Steak $ 3.49 la. Coca cola 12 pm cans 355 my product asset. $ 4.50 a. Tax & Levi Heinz Ketchup 1 it squeeze $ 3.69 a. Hunts Spaghetti sauce 725 my asset. $ 1.99 a. Chef boy Ardee pasta asset. 425 g 2/ $ 3.00 Blue ribbon Tea bags 100 s $ 2.69 a. Pure bathroom tissue 12 double or 24 single Rolls $ 7.89 a. Dole Apple juice 12 pm cans 340 my $ 7.99 a. Levy main bakery Rye bread 500 g $ 1.19 a. Safeway select pop 2 it asset. 99 � a. Tax Levi old dutch potato chips 235 g 2/ $ 5.00 Catelli noodles 340 500 g $ 1.99 a. Fresh pork tenderloin $ 3.99 la. Philli dips & Cream cheese 227 250 a. $ 2.49 International delights 5asst. 473 my. A. $ 2.39 Lucerne cheese slices 500 g asst. A. $ 3.99 Dairy Deli pork butt shoulder Steak $ 1.89 la. Fresh lean ground pork $ 1.39 $ 1.49 bulk portioned gift cards available $ 1 49 la. Blue ribbon Coffee 1 pkg $ 5.99 a. Groceries Carnation Coffee mate regular or Lite 450 g $ 3.69 a. Valley bakery bread White or 60% 525 625 or $ 1.39 a. Safeway fruit cups asset. 4x142 my 2/ $ 5.00 old tyme syrup asset.750 my butter or original $ 2.99 a. Safeway Honey 500 g creamed or liquid $ 2.99 a. Shake no bake asset 113 g 192 g $ 1.89 a. Safeway fruit cocktail peaches or pears 796 my $ 1.99 Hawkins Chee Zies 210 g $ 1.75 a. Kelloggs jumbo cereals frosted flakes Raisin bran Corn pops & froot loops 775 g 1450 g $ 6.49 a. Kraft Miracle whip squeeze 532 my $ 2.99 a. Old Elpaso Salsa asset. 440 g $ 2.59 a. Or. Noodle asset. 85 g 3/ 99 � beef hip or Rump roast $ 3.29 la. Parma lat milk shop in Only 2 it 4 it skim $ 2.69 $ 3.57 1% $ 2.72 $ 3.62 2% $ 2.79 $ 3.79 3% $ 2.88 $ 4.17 milk fed top news Winnipeg free press monday january 5, 2009 Winnipeg repress. Com a 3 ceo company annual Bonus other total previous % salary comp comp total comp increase Ray Mcfeeters great West life co $ 1,591,666 $ 3,530,000 $ 173,106 $ 5,294,772 $ 3,540,470 49.6% John Marinucci new flyer industries inc. $ 714,000 $ 1,365,000 $ 0 $ 2,079,000 $ 769,126 170.3% Murray Taylor Ign financial $ 706,667 $ 740,000 $ 144,300 $ 1,590,967 $ 1,331,801 19.5% Pierre Blouin Manitoba telecoms $ 750,000 $ 768,000 $ 67,500 $ 1,585,500 $ 1,559,127 1.7% services inc. Edward Kennedy North West company fund $ 583,077 $ 620,714 $ 226,775 $ 1,430,566 $ 1,358,938 5.3% Leonard Asper can West global $ 900,000 $ 153,780 $ 0 $ 1,053,780 $ 2,063,745 48.9% communications corp. Armin Martens Artis reit $ 600,000 $ 0 $ 0 $ 600,000 $ 450,000 33.3% s. J. Vanroekel Ridley inc. $ 307,200 $ 257,820 $ 4,881 $ 569,901 $ 444,265 28.3% John Buhler Buhler industries $ 540,000 $ 0 $ 0 $ 540,000 $ 0 a a b. J. Berry Cinpak Ltd. $ 520,090 $ 0 $ 17,872 $ 537,962 $ 482,841 11.4% Keith Mcmahon Arctic Glacier income fund $ 301,666 $ 192,000 $ 15,658 $ 509,324 $ 379,832 34.1% John Langstaff Cangene corp. $ 358,846 $ 109,545 $ 12,240 $ 480,631 $ 422,058 13.9% Terry Smith Boyd group income fund $ 278,700 $ 174,680 $ 0 $ 453,380 $ 271,600 66.9% Rob Stenson a growth income fund $ 250,000 $ 168,000 $ 7,500 $ 425,500 $ 172,350 146.9% Gordon Pollard John Pollard co cos $ 289,205 $ 2,277 $ 0 $ 291,482 $ 291,851 0.1% As co cos both pollards earn the same salary Dale Ginn san Gold corp. $ 250,000 $ 25,000 $ 0 $ 275,000 $ 208,176 32.1% Albert Friesen medicare inc. $ 266,500 $ 0 $ 6,000 $ 272,500 $ 295,333 7.7% k. Guy Nelson Empire industries Ltd. $ 183,846 $ 75,000 $ 9,930 $ 268,776 $ 87,704 206.5% Michael Pyle Exchange Industrial $ 208,400 $ 50,000 $ 0 $ 258,400 $ 286,446 9.8% income fund Albert Cohen Gendis inc. $ 250,000 $ 0 $ 0 $ 250,000 $ 250,000 0% Bob Cox up newspapers income fund $ 154,027 $ 18,228 $ 0 $ 172,255 $ 350,553 50.9% Cox became publisher in july 2007 so his compensation figures Are for a half year each As editor and publisher. The $ 350,553 figure was earned by previous publisher Andy Ritchie in 2006. David Graves Iris inc. $ 55,385 $ 80,000 $ 0 $ 135,385 $ 0 a a Marieke Wittkamp out inc. $ 112,500 $ 3,150 $ 4,800 $ 120,450 $ 106,850 12.7% Richard rivet Kings Bay Gold corp. $ 120,000 $ 0 $ 0 $ 120,000 $ 120,000 0% Donald Benson nordic Oil & Gas $ 120,000 $ 0 $ 0 $ 120,000 $ 120,000 0% John Knowles Wildcat exploration Ltd. $ 102,910 $ 0 $ 0 $ 102,910 $ 96,000 7.2% the $ 96,000 figure represents the compensation of former ceo Shlomo Prizant in 2006. Robert Granger Copper reef mining corp. $ 100,000 $ 0 $ 0 $ 100,000 $ 60,000 66.7% Douglas Reeson Gossan resources Ltd. $ 0 $ 20,000 $ 72,000 $ 92,000 $ 86,000 7.0% Nelson Rhodine Bird River mines inc. $ 0 $ 0 $ 23,700 $ 23,700 $ 21,600 9.7% Neil Sullivan mainstream minerals corp. $ 15,000 $ 0 $ 0 $ 15,000 no salary figure for previous year Harris Liontas Novra technologies inc. $ 15,000 $ 0 $ 0 $ 15,000 $ 15,000 0% Arni Thorsteinson Lanesborough reit $ 0 $ 0 $ 0 $ 0 $ 0 0% Cornelius Martens All in West capital corp. $ 0 $ 0 $ 0 $ 0 $ 0 a a Albert Friesen Dia Medica inc. $ 0 $ 0 $ 0 $ 0 $ 0 0% genesys venture inc., a company controlled by Friesen receives an annual fee of $ 200,000 for providing certain business services. Arni Thorsteinson Huntingdon reit $ 0 $ 0 $ 0 $ 0 $ 0 0% Albert Friesen Kane biotech inc. $ 0 $ 0 $ 0 $ 0 $ 0 0% Keith Levit Lakeview hotel reit $ 0 $ 0 $ 0 $ 0 $ 0 0% Albert Friesen Mir Culins inc. $ 0 $ 0 $ 0 $ 0 $ 0 0% Arni Thorsteinson Temple reit $ 0 $ 0 $ 0 $ 0 $ 0 0% How much do City business leaders earn Ray Mcfeeters great West life co total compensation $ 5,294,772 John Marinucci new flyer industries inc. Total compensation $ 2,079,000 Murray Taylor Ign financial total compensation $ 1,590,967 Pierre Blouin Manitoba telecoms services inc. Total compensation $ 1,585,500 Edward Kennedy North West company fund total compensation $ 1,430,566 i t was a lucrative year for the leaders of local publicly traded companies but will the economic downturn put them in the relative poorhouse a year from now six cos of Winnipeg based firms cracked the seven figure Mark in total compensation tied for the most in the seven years the free press has examined the executive salaries and bonuses that Public companies Are required to release each year. The highest paid executive in the province once again but Likely for the last time is Ray Mcfeeters who is now chairman of great West life co. He stepped Down in the Spring from the insurance giants ceo position he had held for More than a decade but not before pulling in $ 5.3 million in total compensation Over the previous 12 months a record for a Manitoba based ceo of a Public company. Mcfee Torso salary of $ 1.6 million would have been enough to place him no. 3 on the list but he pulled in More than $ 3.5 million in bonuses including $ 1.5 million for his role in great wests acquisition of Putnam investments. That $ 4.6 billion Deal made great West the 10th largest player in the u. S. Mutual fund business. Mcfeeters earned $ 3.54 million the year before. Only one other ceo John Marinucci at new flyer industries was Able to crack the $ 2 million Barrier hitting $ 2.1 million in salary and bonuses. He will also fall off the list next year As he was replaced last month by Paul Soubry the former president of Standard Aero. The top five saw their compensation jump anywhere from 1.7 per cent Blouin to 170 per cent Marinucci. Leonard Asper of can West global communications corp., however took a significant hit. His compensation fell by nearly 50 per cent to just Over $ 1 million from More than $ 2 million a year earlier. The salary information was pulled from management information circulars which Are released shortly before companies hold their annual meetings. In compiling this list the free press used the most recently released financial information. It varies from company to company because annual meetings Are held at different Points throughout the year. Hugh Goldie director of consulting at the Exchange consulting group said its far from a Given that cos will make less Money in 2009 As the Impact of the economic downturn becomes better understood. Some could even earn More. The leaders who can steer their firms through the financial carnage will prove their Worth and deserve to be compensated accordingly he said. For the last 10 to 15 years weave had cos making cakes from cake mix. You mix it up in a mix master bake it for 20 minutes and its done. You lose. Everybody succeeded because of the economic situation. Now we have a different situation and its not so easy he said. At the other end of the salary spectrum Are four cos who did not earn a single loonie from their firms. They All earn a salary from other business interests. Albert Friesen for example sits at no. 17 on the list thanks to his $ 272,500 compensation As ceo of medicare inc., but receives no Money from three other companies on the list he leads. Goldie said the economic downturn will Likely cause changes in How compensation committees determine ceo compensation. If the Bottom line improves under a a eos guidance then the chief deserves a Bonus which can sometimes outstrip his salary he said. Only companies on the Winnipeg free press / Wellington West capital Manitoba Index Are included on the list. Not every ceo has their salary published in their company is Public documents. For example Hartley Richardson ceo of James Richardson & sons Ltd., Heads up one of the pillars of the Manitoba Economy but because the firm Richardson leads is a private company his compensation does not have to be disclosed to the Public. Geoff. Kirbyson free press. My. Ca seven digits for big six Tough times put scrutiny on cos by Geoff Kirbyson a _ 03_ Jan 05 09. Ind a3 1 / 4/ 09 10 12 12 pm
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