This is an idiotic article. Top flight Canadian universities (Toronto, UBC, McGill, Montreal, Alberta) compete internationally to attract faculty, administrators, and academic leaders. We have two Canadian universities ranked in the world's top 35 (Toronto, UBC). Do you really think that's possible paying "public sector" wages?

Bottom line ... if we want world class universities, we need to pay competitive wages. $500,000 plus for a President is not remotely out of step with what the competition pays.