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The top 10 Canadian CEOs in order of biggest pension obligations.

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10. Paul Desmarais Jr., Power Corp. of Canada, $20-millionCHRISTINNE MUSCHI/Reuters

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9. Brian Ferguson, Cenovus Energy Inc., $21-millionFERNANDO MORALES/The Globe and Mail

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8. Alain Bouchard, Alimentation Couche-Tard Inc., $21-millionANDRE PICHETTE/The Globe and Mail

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7. William Doyle, Potash Corp. of Saskatchewan Inc., $22-millionDELLA ROLLINS/The Globe and Mail

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6. Gerald McCaughey, Canadian Imperial Bank of Commerce, $23-millionLARRY MACDOUGAL/The Globe and Mail

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5. Paul Wright, Eldorado Gold Corp., $23-million

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4. Gordon Nixon, Royal Bank of Canada, $23-millionJEFF McINTOSH/The Canadian Press

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3. Richard Waugh, Bank of Nova Scotia, $29-millionFRED LUM/The Globe and Mail

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2. Edmund Clark, Toronto-Dominion Bank, $37-millionFERNANDO MORALES/The Globe and Mail

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1. Bradley Shaw, Shaw Communications Inc., $60-millionJEFF McINTOSH/The Canadian Press

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