The Ontario Sunshine List - Public Sector Salary Disclosure

The names, positions, salaries and total taxable benefits of public sector employees paid $100,000 or more in a calendar year.

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Michael Smart

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Michael Smart served as the Professor of Economics at University of Toronto in 2024, received an annual salary of $290,524.69 and a taxable benefit of $171.96, as indicated by the Government of Ontario's Sunshine list. Michael has held the same position since 2009 has been receiving six-figure yearly compensation.

$290,696.65

Total paid in 2024

$290,524.69

Salary

$171.96

Taxable Benefit

Gender: Male
Male
Very high confidence

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Job Title :   Professor of Economics
Employer :   University of Toronto
Sector :   Universities
Year :   2024

Comparing peers in identical roles within the organization

$291K
Low: $187K Avg: $334K High: $463K

Comparison with other individuals in similar positions in Ontario

$291K
Low: $100K Avg: $215K High: $463K
Bottom 90% Below Average Above Average Top 10%

Between 2003 and 2024, Michael experienced an average annual increase of approximately 5.02% in annual salary, including taxable benefits at University of Toronto. By 2024, Michael's total pay had risen by 166.87% compared to the pay in 2003. Notably, during Michael's tenure as Professor of Economics, there has been a significant 87.39% rise in compensation over the past 15 years. Additional information can be found in the chart and table presented below.

Yearly Total Paid

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Year Job Title Salary Taxable Benefit Raise
2024 Professor of Economics $290,525 $172 10.40%
2023 Professor of Economics $263,129 $172 15.83%
2022 Professor of Economics $227,139 $181 4.91%
2021 Professor of Economics $216,493 $191 1.74%
2020 Professor of Economics $212,768 $202 2.02%
2019 Professor of Economics $208,522 $240 2.98%
2018 Professor of Economics $202,453 $269 7.77%
2017 Professor of Economics $185,198 $2,906 -0.35%
2016 Professor of Economics $185,818 $2,956 1.47%
2015 Professor of Economics $182,696 $3,351 1.24%
2014 Professor of Economics $180,709 $3,064 2.27%
2013 Professor of Economics $176,811 $2,883 1.57%
2012 Professor of Economics $172,892 $4,024 4.40%
2011 Professor of Economics $167,669 $1,786 20.59%
2010 Professor of Economics $140,229 $295 -9.41%
2009 Professor of Economics $154,845 $283 2.91%
2008 Professor, Economics $150,464 $283 8.89%
2007 Professor, Economics $138,155 $283 8.52%
2006 Professor of Economics $127,274 $300 19.72%
2005 Professor, Economics $106,252 $310 -4.94%
2004 Professor, Economics $111,783 $312 2.91%
2003 Professor, Economics $108,628 $302

The 2024 Sunshine List has 15 employees who held exactly same position title ( Professor of Economics ) in the University of Toronto.

10 out of 15 employees

Full Name Salary Taxable Benefit
Victor Aguirregabiria $400,252 $129
Michelle Alexopoulos $356,264 $258
Michael Baker $383,548 $258
Gustavo Bobonis $306,322 $129
Loren Brandt $367,726 $129
Yoram Halevy $387,412 $22,806
Kory Kroft $383,948 $1,514
Marcin Peski $304,497 $258
Diego Restuccia $462,759 $258
Colin Stewart $308,124 $129

The 2024 Sunshine List has 121 employees who held comparable positions in Ontario.

10 out of 121 employees

Full Name Job Title Employer Total Paid
Diego Restuccia Professor of Economics University of Toronto $463,017
Varouj Aivazian Professor, Department of Economics University of Toronto $406,700
Victor Aguirregabiria Professor of Economics University of Toronto $400,381
Philip Oreopoulos Professor, Department of Economics University of Toronto $390,885
Yoram Halevy Professor of Economics University of Toronto $410,218
Kory Kroft Professor of Economics University of Toronto $385,462
Michael Baker Professor of Economics University of Toronto $383,806
Loren Brandt Professor of Economics University of Toronto $367,855
Michelle Alexopoulos Professor of Economics University of Toronto $356,522
Xianwen Shi Professor, Department of Economics University of Toronto $342,000