Aloysius Siow

University of Toronto/Professor of Economics

2023 Salary — last year on the list

$137,425

Total compensation $137,468, including $43 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
2023

Employer Rank

#3,536

University of Toronto

Years on List

1996–2023

Peak Salary

$241,957

2020

Full 2023 roster at University of Toronto →·See where $137,425 ranks →

Total Compensation History

Total compensation, 1996–2023. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
1996–2023

$104,718 in 1996 is worth about $193,416 in 2025 dollars.

Full salary history, by year
Year	Employer	Position	Salary	Benefits	Total
2023	University Of Toronto	Professor of EconomicsUniversity Of Toronto	$137,425Benefits $43Total $137,468	$43	$137,468
2022	University Of Toronto	Professor of EconomicsUniversity Of Toronto	$237,061Benefits $91Total $237,152	$91	$237,152
2021	University Of Toronto	Professor of EconomicsUniversity Of Toronto	$183,489Benefits $95Total $183,584	$95	$183,584
2020	University Of Toronto	Professor of EconomicsUniversity Of Toronto	$241,957Benefits $127Total $242,085	$127	$242,085
2019	University Of Toronto	Professor of EconomicsUniversity Of Toronto	$238,109Benefits $276Total $238,385	$276	$238,385
2018	University of Toronto	Professor of EconomicsUniversity of Toronto	$232,213Benefits $403Total $232,616	$403	$232,616
2017	University of Toronto	Professor of EconomicsUniversity of Toronto	$227,217Benefits $448Total $227,665	$448	$227,665
2016	University of Toronto	Professor of EconomicsUniversity of Toronto	$215,170Benefits $520Total $215,690	$520	$215,690
2015	University of Toronto	Professor Of EconomicsUniversity of Toronto	$190,161Benefits $566Total $190,727	$566	$190,727
2014	University of Toronto	Professor of EconomicsUniversity of Toronto	$206,937Benefits $612Total $207,549	$612	$207,549
2013	University of Toronto	Professor of EconomicsUniversity of Toronto	$202,475Benefits $612Total $203,086	$612	$203,086
2012	University of Toronto	Professor of EconomicsUniversity of Toronto	$198,194Benefits $612Total $198,805	$612	$198,805
2011	University of Toronto	Professor of EconomicsUniversity of Toronto	$192,208Benefits $612Total $192,819	$612	$192,819
2010	University of Toronto	Professor of EconomicsUniversity of Toronto	$184,918Benefits $589Total $185,507	$589	$185,507
2009	University of Toronto	Professor of EconomicsUniversity of Toronto	$163,350Benefits $567Total $163,917	$567	$163,917
2008	University of Toronto	Professor, EconomicsUniversity of Toronto	$158,494Benefits $567Total $159,061	$567	$159,061
2007	University of Toronto	Professor, EconomicsUniversity of Toronto	$161,310Benefits $567Total $161,877	$567	$161,877
2006	University of Toronto	Professor of EconomicsUniversity of Toronto	$151,386Benefits $598Total $151,985	$598	$151,985
2005	University of Toronto	Professor, EconomicsUniversity of Toronto	$139,687Benefits $665Total $140,352	$665	$140,352
2004	University of Toronto	Professor, EconomicsUniversity of Toronto	$135,212Benefits $655Total $135,867	$655	$135,867
2003	University of Toronto	Professor, EconomicsUniversity of Toronto	$131,007Benefits $619Total $131,626	$619	$131,626
2002	University of Toronto	Professor of EconomicsUniversity of Toronto	$106,241Benefits $568Total $106,810	$568	$106,810
2001	University of Toronto	Professor of EconomicsUniversity of Toronto	$110,028Benefits $537Total $110,565	$537	$110,565
1999	University of Toronto	Professor of EconomicsUniversity of Toronto	$103,915Benefits $496Total $104,411	$496	$104,411
1998	University of Toronto	Professor of EconomicsUniversity of Toronto	$120,425Benefits $470Total $120,894	$470	$120,894
1997	Toronto	Prof. of EconomicsToronto	$113,930Benefits $435Total $114,364	$435	$114,364
1996	University of Toronto	Professor of EconomicsUniversity of Toronto	$104,718Benefits $419Total $105,137	$419	$105,137

Take-Home Pay
(After Tax) · 2023 estimate

Take-home on Aloysius Siow's 2023 salary of $137,425 comes to roughly $95,423 once federal and Ontario income tax (about 27.1% effective) is deducted. That is about 42% less than the $237,061 paid in 2022. For comparison, the median Professor of Economics on the 2023 list was paid $271,119; this salary is about 49% less. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.

Estimated net pay: ~$95,423
Effective income-tax rate (excl. CPP/EI): ~27.1%
CPP + EI contributions: ~$4,756
All-in deduction rate (incl. CPP/EI): ~30.6%
vs. 2023 Professor of Economics median: −49%

Where does $137,425 rank on the Sunshine List? →

Estimate only: 2023 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
2023

Also at University of Toronto, 2023
#	Name	Position	Salary	Total
1	Brian Golden	Professor of Strategic Management	$650,860	$651,118
2	Brian Silverman	Professor of Strategic Management	$611,828	$612,086
3	Alan Aspuru-Guzik	Professor of Chemistry and Computer Science	$562,716	$598,572
4	Meric Gertler	President; Professor of Geography and Planning	$486,192	$590,615
5	Wei-Yi (Scott) Liao	Professor of Accounting	$570,724	$572,939
6	David Goldreich	Professor of Finance	$564,232	$564,538
7	Anita Mcgahan	Professor of Strategic Management	$557,594	$557,702
8	Moon Hung Wong	Professor of Accounting	$530,178	$531,270
9	Alexander Dyck	Professor of Finance	$530,667	$530,925
10	William Strange	Professor of Economic Analysis and Policy	$527,992	$528,207