Alec Cheng
Ontario Power Generation/Senior Vice President Finance Modernization
2025 Salary
$531,098Total compensation $532,785, including $1,687 in taxable benefits.
Source: Ontario’s Public Sector Salary Disclosure — names paid $100,000 or more that year. How we build this · Report an error on this page
At a Glance
2025
Employer Rank
#23Ontario Power Generation
Years on List
172007–2025
Peak Salary
$531,0982025
Full 2025 roster at Ontario Power Generation →·See where $531,098 ranks →
Total Compensation History
Full History
2007–2025
$111,062 in 2007 is worth about $163,555 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Senior Vice President Finance ModernizationOntario Power Generation | $531,098 |
| 2024 | Vice President Chief Controller and Accounting OfficerOntario Power Generation | $486,607 |
| 2023 | Vice President Chief Controller and Accounting OfficerOntario Power Generation | $394,208 |
| 2022 | Vice President Chief Controller and Accounting OfficerOntario Power Generation | $334,641 |
| 2021 | Vice President Chief Controller and Accounting OfficerOntario Power Generation | $276,409 |
| 2020 | Vice President TreasurerOntario Power Generation | $267,950 |
| 2019 | Vice President TreasurerOntario Power Generation | $239,649 |
| 2018 | Vice President TreasurerOntario Power Generation | $215,400 |
| 2017 | Project DirectorOntario Power Generation | $201,886 |
| 2016 | Director External Reporting and Accounting PolicyOntario Power Generation | $205,374 |
| 2015 | Director External Reporting & Accounting PolicyOntario Power Generation | $189,311 |
| 2014 | Director External Reporting and Accounting PolicyOntario Power Generation | $177,489 |
| 2013 | Director External Reporting & Accounting PolicyOntario Power Generation | $180,377 |
| 2012 | Director, External Reporting and Accounting PolicyOntario Power Generation | $165,068 |
| 2011 | Manager, External ReportingOntario Power Generation | $161,460 |
| 2010 | Manager, External ReportingOntario Power Generation | $148,458 |
| 2007 | Senior Advisor, External ReportingOntario Power Generation | $111,062 |
Take-Home Pay
(After Tax) · 2025 estimate
Alec Cheng was paid $531,098 in 2025; after income tax, CPP and EI that is roughly $286,759, an effective income-tax rate of about 45.0%. Within Ontario Power Generation, Alec Cheng's total compensation of $532,785 was the #23 of 10,346, against a median salary of $161,066. It is up about 9% on the $486,607 paid in 2024. Members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less after pension contributions, which this estimate leaves out.
- Estimated net pay
- ~$286,759
- Effective income-tax rate (excl. CPP/EI)
- ~45.0%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~46.0%
Where does $531,098 rank on the Sunshine List? →
Estimate only: 2025 federal and Ontario rates, basic personal amounts, Canada employment amount and CPP/EI credits; single, employment income only, salary treated as full-year income. Ignores pension contributions (OMERS, HOOPP, OTPP, OPTrust and similar plans lower actual take-home), union dues, RRSPs and benefits.