University of Toronto

Ontario Public Sector Salary Disclosure - Sunshine List 2018

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Published March, 2018

Ontario Public Sector Salary Disclosure - Sunshine List 2018

Welcome to the SunshineListStats.com, where we rank employees from organizations that received public funding from the Province of Ontario who earn over $100,000 per year, including total taxable benefits.

This year's sunshine list includes the top earners in University of Toronto, including:

  • Highest salaries in the Sunshine List 2018 at University of Toronto
  • President and Chief Investment Officer, University of Toronto Asset Management Corporation
    $936,089.48
  • Senior Portfolio Manager, Investments University of Toronto Asset Management Corporation
    $571,307.86
  • Chief Operating Officer, Chief Compliance Officer, University of Toronto Asset Management Corporation
    $499,678.76
  • Managing Director, Portfolio and Risk Analysis, University of Toronto Asset Management Corporation
    $499,080.91
  • Vice Dean, Learning and Innovation and Professor of Business Economics
    $467,300.04

2018 Sunshine List: University of Toronto top earners

Every year by March 31, Ontario government publishes its annual Sunshine List of public sector servants with six-figure salaries. According to the document, at the University of Toronto 3,738 staffers made the list, earning a total salary of $597,717,230.33 in 2017.

At the top of the Sunshine List

Topping the list for the University of Toronto was President and Chief Investment Officer, University of Toronto Asset Management Corporation Daren Smith who brought home $936,089.48 in 2017.

Following Daren Smith was Senior Portfolio Manager, Investments University of Toronto Asset Management Corporation Charles O'Reilly, who had annual earnings of $571,307.86. Chief Operating Officer, Chief Compliance Officer, University of Toronto Asset Management Corporation Lisa Becker made $499,678.76, Managing Director, Portfolio and Risk Analysis, University of Toronto Asset Management Corporation Adrian Hussey made $499,080.91 and Vice Dean, Learning and Innovation and Professor of Business Economics Mihnea (Michael) Moldoveanu round out the top-five highest paid employees with $467,300.04 for the University of Toronto 2018 Sunshine List.

Breaking down the numbers

Among employees who received more than six-figure salaries in 2017, 573 received earnings between $100,000 and $110,000 followed by 1,384 who received between $110,001 and $150,000 , 1,140 received between $150,001 and $200,000 , 386 received between $200,001 and $250,000 , 145 received between $250,001 and $300,000 , and 110 received over $300,000 at the University of Toronto.

  • Salary breakdown
  • 573 employees made between $100,000 to $110,000
  • 1,384 employees made between $110,000 to $150,000
  • 1,140 employees made between $150,000 to $200,000
  • 386 employees made between $200,000 to $250,000
  • 145 employees made between $250,000 to $300,000
  • 110 employees made between More than $300,000

For a complete list of public sector employees who made the 2018 Sunshine List, go to Sunshine List 2018 Employees List. If you wish to analyse the list by employer go to Sunshine List 2018 Employers List.

Sunshine List Resources

Here are the Frequently Asked Questions about the Ontario Sunshine List.

The Ontario Sunshine List is the Ministry of Finance's listing of salary, benefits, and severance information. The Ontario Sunshine List is the province's annual list of public sector employees and publicly-funded agency employees paid more than $100,000 annually. For a complete list of names go to SunhineListStats.com

In 1996 the Ontario Sunshine List began as a way to ensure accountability to taxpayers through Ontario's Public Sector Salary Disclosure Act. The annual list of public sector employees who earn over $100,000,000 per year or greater.

In 2021 Kenneth Hartwick, the Chief Executive Officer of Ontario Power Generation, led the pack by making $1,628,246. Interestingly, Ontario Power Generation employees made up the top four positions of the highest earners on the Sunshine List.

SunhineListStats.com aims to spotlight government spending and public funding to create awareness of where your money is being spent as a taxpayer. It lets taxpayers compare the performance of an organization with the compensation given to the people running it.

No, the Ontario Sunshine List does not include non-taxable benefits such as pension costs. The Sunshine List includes salaries and taxable benefits.

The Ontario Sunshine List is calculated by using a list of taxable salary, benefits, and severance information.

Yes, the Sunshine List does include bonuses, salaries, overtime, severances, and benefits.

In Ontario, teachers make a salary between $51,263 and $94,612 per year in 2021.

Toronto mayor John Tory made $202,949.20 per year in 2021, according to the Ministry of Finance's Ontario Sunshine List public sector salary disclosure.

Every year Ontario government publishes its annual Sunshine List of public sector servants, which includes nurses, teachers, police officers, and firefighters, with six-figure salaries. In Ontario, 244,390 staffers made the list, earning a total salary of $30,240,295,606.44 (more than thirty billion) in 2021.

In 2021 there were approximately 244,00 people on the Sunshine List making more than $100,000,000 per year. This is an increase of approximately 19% or 39,000 people over the 2020 Sunshine List.

The Ontario Sunshine List aims to shed light on government expenditures. The Sunshine List also helps the Ministry of Finance identify public sector employees who earn over $100,000,000 in salary and above.

Ontario's Public Sector Salary Disclosure Act aims to provide transparency to taxpayers and accountability to the Ontario government regarding hiring practices. Public sector employees earn over $100,000,000 annually, so taxpayers are naturally interested in how and where their money is being spent. The Ontario Sunshine List is a resource to give taxpayers insight into the use of public funds.

Ontario's Public Sector Salary Disclosure Act aims to provide transparency to taxpayers and accountability to the Ontario government regarding hiring practices. Public sector employees earn over $100,000,000 annually, so taxpayers are naturally interested in how and where their money is being spent. The Ontario Sunshine List is a resource to give taxpayers insight into the use of public funds.

Yes, the Ontario Sunshine List includes bonuses as these are taxable benefits.

The $100,000,000 annual income is calculated before taxes. If these public sector employees are paid $100,000,000 or more, then the total of these taxable benefits has to be disclosed.

Doug Ford made $208,974.00 in 2021, although the average range for public sector employees in this category on the Sunshine List is $100,000,000 to $180,000 annually.

In 2021 the adjusted inflation rate of 3.36% inflation brought the Sunshine List threshold to $159,300.