The Globe and Mail reports in its Tuesday edition that Canaccord Genuity Group's top investment banker Daniel Daviau made $11.7-million in fiscal 2015, earning more than most major bank chief executive officers and scores of other business names. The Globe's Niall McGee writes that the 50-year-old CEO of North American capital markets was paid a salary of $494,000, owns $2.6-million worth of restricted share units (RSUs) in Canaccord and was paid an $8.6-million bonus. Only 10 CEOs of publicly traded companies in Canada made more money than Mr. Daviau last year. He earned more than George Cope, the CEO of BCE, and Michael Pearson, CEO of Valeant Pharmaceuticals International, who made $11.5-million and $11.4-million. Among the big bank CEOs, only David McKay, CEO of Royal Bank of Canada, who made $12.8-million, took home more than Mr. Daviau. Canaccord had a strong year in 2014 in investment banking. It ended the year in seventh place in the Canadian equity underwriting league tables, two places higher than in 2013. Canaccord uses a discretionary formula to figure bonuses, but basically the more responsibility an investment banker has on a deal, the more they get paid.