I dunno....the last President at the University of Alberta (Indira Samarasekera) pulled in compensation of $1.1 million last year.  The University of Calgary paid $936k for their President.

Back in 2011, David Johnston (current Governor General) was President of the University of Waterloo and pocketed more than $1 million.

There could be a lot of belt-tightening there without becoming destitute, at least in some circles.  No secret where some of the profit from international students is going....