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.
Chief Financial Officer
In Ontario's 2023 Sunshine List, there were 291 employees with similar job titles who received an average salary of $199,622.18
$199,622.18
Average Salary in 2023
$184,295.45
Median Salary in 2023
 |
52.43% Male |
 |
47.57% Female |
| ||||||||
|
||||||||
Below is the quartile breakdown of the salary range. |
| 234 employees received a salary between $101,525 - $246,617 |
| 50 employees received a salary between $246,617 - $391,709 |
| 6 employees received a salary between $391,709 - $536,801 |
| 1 employees received a salary between $536,801 - $681,893 |
Majority of the employees were paid within the salary range encompassing the first quartile breakdown.
What were the average and median salaries for a Chief Financial Officer listed in the 2023 Ontario Government Sunshine List?
The 2023 Ontario Sunshine List shows that the average and median salaries for a Chief Financial Officer are $199,622.18 and $184,295.45, respectively.
What is the highest salary for a Chief Financial Officer in a public organization in Ontario?
In 2023, Aida Cipolla, holding the position of Chief Financial Officer And Senior Vice President - Finance at the Ontario Power Generation received the highest salary of $681,893.87 among similar positions in Ontario public organizations. Jennifer L Gray, serving as the Chief Financial Officer at Metrolinx , earned the highest salary of $435,158.47 among individuals in the same position across public organizations in Ontario during that year.
What are the top 5 public organizations in Ontario that offer the highest salaries for Chief Financial Officer?
In the year 2023, the highest-paying organizations for Chief Financial Officer and similar positions in the Ontario were as follows: Ontario Power Generation with an average pay of $494,101.94; Ontario Lottery and Gaming Corporation with an average pay of $441,428.74; Unity Health Toronto with an average pay of $436,684.41; Ontario Infrastructure And Lands Corporation (Infrastructure Ontario) with an average pay of $376,765.28; and Sunnybrook Health Sciences Centre with an average pay of $356,979.04.
A total of 258 organizations had employees who held comparable positions as mentioned in the Ontario Sunshine list.
What are the top 3 public sectors in Ontario that offer the highest salaries for Chief Financial Officer?
In the year 2023, the highest-paying sector or industries for Chief Financial Officer and similar positions in the Ontario were as follows: Ontario Power Generation with an average pay of $494,101.94; Crown Agencies with an average pay of $261,726.90; and Universities with an average pay of $232,263.95.
There were 10 sectors where employees held similar positions, as indicated in the Ontario Sunshine list.
What is the representation of gender diversity for Chief Financial Officer in Ontario?
The 2023 Ontario Sunshine List indicates that the representation of gender diversity in Chief Financial Officer is 52.43% male and 47.57% female, respectively.
The 2023 Sunshine List has 291 employees who held comparable positions in Ontario.
10 out of 291 employees
| Full Name | Job Title | Employer | Total Paid |
|---|---|---|---|
| Aida Cipolla | Chief Financial Officer And Senior Vice President - Finance | Ontario Power Generation | $681,894 |
| David Mccaig | Executive Vice President, Corporate Affairs And Chief Financial Officer | Hamilton Health Sciences | $455,889 |
| Pinder Basi | Chief Financial And Risk Officer | Ontario Lottery and Gaming Corporation | $441,429 |
| Jennifer L Gray | Chief Financial Officer | Metrolinx | $435,158 |
| Darlene Dasent | Executive Vice President And Chief Financial Officer | University Health Network | $439,271 |
| Dean Martin | Executive Vice President Corporate Services And Chief Financial Officer | Unity Health Toronto | $436,684 |
| Priyal Thakrar | Chief Financial Officer And Executive Vice President, | Ontario Infrastructure And Lands Corporation (Infrastructure Ontario) | $376,765 |
| Heather Taylor | Chief Financial Officer And Treasurer | City of Toronto | $379,332 |
| Ronald P Goodyear | Chief Financial Officer And Territorial Financial Secretary | Governing Council of The Salvation Army In Canada | $397,311 |
| Alan Veerman | Chief Operations And Financial Officer | Vector Institute | $352,658 |
Yearly Average Paid
| Year | Total Employee Count | Average Paid |
|---|---|---|
| 2023 | 291 | $199,622 |
| 2022 | 263 | $195,371 |
| 2021 | 235 | $190,911 |
| 2020 | 230 | $187,097 |
| 2019 | 228 | $185,869 |
| 2018 | 215 | $179,935 |
| 2017 | 208 | $183,633 |
| 2016 | 208 | $180,401 |
| 2015 | 194 | $184,653 |
| 2014 | 188 | $184,619 |
| 2013 | 181 | $185,396 |
| 2012 | 170 | $183,142 |
| 2011 | 160 | $182,441 |
| 2010 | 140 | $184,340 |
| 2009 | 134 | $182,418 |
| 2008 | 124 | $184,973 |
| 2007 | 105 | $182,948 |
| 2006 | 90 | $169,839 |
| 2005 | 43 | $161,415 |
| 2004 | 25 | $205,847 |
| 2003 | 22 | $171,441 |
| 2002 | 17 | $198,906 |
| 2001 | 20 | $182,546 |