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Anand Borawake

Financial Services Regulatory Authority of Ontario/Risk Management Consultant / Conseiller, gestion des risques

2023 Salary — last year on the list

$280,460

Total compensation $280,460, including $0 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

#14

Financial Services Regulatory Authority of Ontario

Years on List

2

2022–2023

Peak Salary

$280,460

2023

Full 2023 roster at Financial Services Regulatory Authority of Ontario →·See where $280,460 ranks →

Total Compensation History

Total compensation by yearLine chart of 2 yearly values of total compensation, from $195,480 in 2022 to $280,460 in 2023.$100K$150K$200K$250K$300K20222023
Total compensation, 2022–2023. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2022–2023

$195,480 in 2022 is worth about $212,287 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2023Risk Management Consultant / Conseiller, gestion des risquesFinancial Services Regulatory Authority of Ontario / Office Ontarien De Réglementation Des Services Financiers$280,460
2022Risk Management Consultant / Conseiller, gestion des risquesFinancial Services Regulatory Authority of Ontario$195,480

Take-Home Pay
(After Tax) · 2023 estimate

In 2023, Anand Borawake's $280,460 salary works out to roughly $167,839 after income tax, CPP and EI — an all-in deduction rate of about 40.2%. Compared with 2022, when the figure was $195,480, that is a rise of about 43%. Records under this name have appeared on the Sunshine List 2 years in all, first in 2022. After pension contributions (probably PSPP or OPTrust in this sector), take-home is usually a further 7–10% lower.

Estimated net pay
~$167,839
Effective income-tax rate (excl. CPP/EI)
~38.5%
CPP + EI contributions
~$4,756
All-in deduction rate (incl. CPP/EI)
~40.2%

Where does $280,460 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 Financial Services Regulatory Authority of Ontario
2023

View all 256 employees at Financial Services Regulatory Authority of Ontario (2023) →