I saw this company advertising job openings a few months ago: ~C$50k/year (plus equity) in Toronto. Does anyone know why the salary offering would be so low (ma

I saw this company advertising job openings a few months ago: ~C$50k/year (plus equity) in Toronto. Does anyone know why the salary offering would be so low (maybe there is lots of equity though)? I know salaries are generally a bit lower in Canada, but _that_ low?