Alexandra Mackay

University of Toronto/Professor, Teaching Stream of Finance

2025 Salary

$266,696

Total compensation $266,948, including $251 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

#755

University of Toronto

Years on List

2000–2025

Peak Salary

$277,019

2023

Full 2025 roster at University of Toronto →·See where $266,696 ranks →

Total Compensation History

Total compensation, 2000–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2000–2025

$133,592 in 2000 is worth about $229,935 in 2025 dollars.

Full salary history, by year
Year	Employer	Position	Salary	Benefits	Total
2025	University Of Toronto	Professor, Teaching Stream of FinanceUniversity Of Toronto	$266,696Benefits $251Total $266,948	$251	$266,948
2024	University Of Toronto	Professor, Teaching Stream of FinanceUniversity Of Toronto	$227,218Benefits $258Total $227,476	$258	$227,476
2023	University Of Toronto	Professor, Teaching Stream of FinanceUniversity Of Toronto	$277,019Benefits $258Total $277,277	$258	$277,277
2022	University Of Toronto	Professor, Teaching Stream of FinanceUniversity Of Toronto	$268,216Benefits $272Total $268,488	$272	$268,488
2021	University Of Toronto	Professor, Teaching Stream of FinanceUniversity Of Toronto	$257,741Benefits $286Total $258,027	$286	$258,027
2020	University Of Toronto	Academic Director, Rotman CommerceUniversity Of Toronto	$237,207Benefits $302Total $237,509	$302	$237,509
2019	University Of Toronto	Professor of FinanceUniversity Of Toronto	$225,315Benefits $361Total $225,675	$361	$225,675
2018	University of Toronto	Professor of FinanceUniversity of Toronto	$189,846Benefits $403Total $190,249	$403	$190,249
2017	University of Toronto	Professor of FinanceUniversity of Toronto	$195,866Benefits $448Total $196,314	$448	$196,314
2016	University of Toronto	Professor of AccountingUniversity of Toronto	$230,567Benefits $520Total $231,087	$520	$231,087
2015	University of Toronto	Academic Director, Master Of Finance And Senior Lecturer, FinanceUniversity of Toronto	$231,712Benefits $566Total $232,277	$566	$232,277
2014	University of Toronto	Academic Director, Master of Finance and Senior Lecturer, FinanceUniversity of Toronto	$224,540Benefits $612Total $225,152	$612	$225,152
2013	University of Toronto	Academic Director, Master of Finance and Senior Lecturer, FinanceUniversity of Toronto	$200,161Benefits $612Total $200,772	$612	$200,772
2012	University of Toronto	Academic Director, Master of Finance and Senior Lecturer, FinanceUniversity of Toronto	$199,156Benefits $612Total $199,768	$612	$199,768
2011	University of Toronto	Senior Lecturer, FinanceUniversity of Toronto	$165,114Benefits $612Total $165,726	$612	$165,726
2010	University of Toronto	Senior Lecturer, FinanceUniversity of Toronto	$131,512Benefits $589Total $132,101	$589	$132,101
2009	University of Toronto	Senior Lecturer, FinanceUniversity of Toronto	$152,327Benefits $567Total $152,894	$567	$152,894
2008	University of Toronto	Senior Lecturer, FinanceUniversity of Toronto	$174,280Benefits $560Total $174,840	$560	$174,840
2007	University of Toronto	Senior Lecturer, FinanceUniversity of Toronto	$165,270Benefits $540Total $165,810	$540	$165,810
2006	University of Toronto	Senior Lecturer, FinanceUniversity of Toronto	$130,545Benefits $553Total $131,097	$553	$131,097
2005	University of Toronto	Professor, FinanceUniversity of Toronto	$134,133Benefits $572Total $134,705	$572	$134,705
2004	University of Toronto	Professor, FinanceUniversity of Toronto	$122,353Benefits $604Total $122,957	$604	$122,957
2003	University of Toronto	Professor, FinanceUniversity of Toronto	$143,342Benefits $606Total $143,949	$606	$143,949
2002	University of Toronto	Professor of FinanceUniversity of Toronto	$134,938Benefits $561Total $135,499	$561	$135,499
2001	University of Toronto	Professor of FinanceUniversity of Toronto	$135,492Benefits $515Total $136,006	$515	$136,006
2000	University of Toronto	Professor of FinanceUniversity of Toronto	$133,592Benefits $457Total $134,049	$457	$134,049

Take-Home Pay
(After Tax) · 2025 estimate

In 2025, Alexandra Mackay's $266,696 salary works out to roughly $163,891 after income tax, CPP and EI — an all-in deduction rate of about 38.5%. That is about 17% more than the $227,218 paid in 2024. Alexandra Mackay has appeared on the list 26 times since 2000. 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: ~$163,891
Effective income-tax rate (excl. CPP/EI): ~36.5%
CPP + EI contributions: ~$5,507
All-in deduction rate (incl. CPP/EI): ~38.5%

Where does $266,696 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.

Also at University of Toronto
2025

Also at University of Toronto, 2025
#	Name	Position	Salary	Total
1	Alan Aspuru-Guzik	Professor of Chemistry and Computer Science	$649,993	$684,041
2	Brian Golden	Professor of Strategic Management	$616,607	$616,858
3	Mikhail Simutin	Associate Professor of Finance	$593,667	$603,115
4	David Goldreich	Professor of Finance	$601,972	$602,270
5	Theodore Brown	Professor, Obstetrics and Gynaecology	$598,159	$598,224
6	William Strange	Professor of Economic Analysis and Policy	$596,033	$596,242
7	Meric Gertler	Professor of Geography and Planning	$555,450	$588,914
8	Wei-Yi (Scott) Liao	Professor of Accounting	$573,981	$576,190
9	Dilip Soman	Professor of Marketing	$575,404	$575,529
10	Partha Sarat Mohanram	Professor of Accounting	$573,196	$573,321