This problem is also highly evident in other Asian countries, especially Japan, which was ranked\u00a0114th out of the 144 countries surveyed by the World Economic Forum (WEF) in 2017<\/a>.<\/p>\n Even though things are slightly better in North America, both the U.S. and Canada still have a wage gap of just over 18%.<\/p>\n In Canada, a new report on the country’s highest-paid CEOs is adding evidence to the argument that women face a “double-pane glass ceiling” at the top of Canada’s corporate ladder.<\/p>\n The Canadian Centre for Policy Alternatives<\/a> calculates that of the more than 1,200 named executive officers, or NEOs, at 249 publicly traded companies in Canada, women earn about 68 cents for every dollar made by their male counterparts<\/a>. This\u00a0gap at the top means that, on average, men earn about $950,000 more annually than women in similar executive positions.<\/p>\n In the U.S., women experience $513\u00a0billion in lost wages every year because of the stubborn pay gap that persists between them and their male peers, according to a new report from the American Association of University Women<\/a>.<\/p>\n The consequences of women earning 80 cents on average for every dollar brought home by a man\u00a0can impact nearly every aspect of their lives, from the\u00a0ability to pay off\u00a0college debt\u00a0to their decisions about having children\u00a0to how financially stable they\u00a0are when they ultimately retire.<\/p>\nNorth America<\/h1>\n
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