It was worsening before I left (end of 2021). But relative to
anybody else in Canada it was very high, and competitive with plenty of US companies, though yes, not quite as high as Google in MTV.
Around 2014 I recall a spreadsheet making the rounds that people voluntarily and anonymously submitted to, and it showed, yes, about 3/4 the total comp. But if you live in Kitchener-Waterloo like most SWEs do, that was an incredible package as housing costs there were about half of Toronto's.
In general since then all salaries in Canada have not come close to keeping pace with the broken cost of living / housing price bubble here.