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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Chief Financial Officer / Treasurer

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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

Male
52.43% 
Male
Female
47.57%
Female
291 employees (Chief Financial Officer / Treasurer)
1 291
Low: $102K Median: $184K High: $682K

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 / Treasurer 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 / Treasurer are $199,622.18 and $184,295.45, respectively.

What is the highest salary for a Chief Financial Officer / Treasurer 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. Glen Cowan, serving as the Chief Financial Officer / Treasurer at Town of Milton , earned the highest salary of $220,843.69 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 / Treasurer?

In the year 2023, the highest-paying organizations for Chief Financial Officer / Treasurer 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 / Treasurer?

In the year 2023, the highest-paying sector or industries for Chief Financial Officer / Treasurer 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 / Treasurer in Ontario?

The 2023 Ontario Sunshine List indicates that the representation of gender diversity in Chief Financial Officer / Treasurer 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
2023291$199,622
2022263$195,371
2021235$190,911
2020230$187,097
2019228$185,869
2018215$179,935
2016208$180,401
2012170$183,142
2011160$182,441
2010140$184,340
2009134$182,418
2008124$184,973
2007105$182,948
200690$169,839
200543$161,415
200425$205,847
200322$171,441
200120$182,546