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Catherine Forster

Independent Electricity System Operator/Senior Manager Contract Initiatives / Gestionnaire principal – Initiatives de contrat

2025 Salary

$204,838

Total compensation $205,227, including $390 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

#101

Independent Electricity System Operator

Years on List

11

2015–2025

Peak Salary

$204,838

2025

Full 2025 roster at Independent Electricity System Operator →·See where $204,838 ranks →

Total Compensation History

Total compensation by yearLine chart of 11 yearly values of total compensation, from $122,743 in 2015 to $205,227 in 2025.$100K$125K$150K$175K$200K$225K201520172019202120232025
Total compensation, 2015–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2015–2025

$122,271 in 2015 is worth about $158,585 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Senior Manager Contract Initiatives / Gestionnaire principal – Initiatives de contratIndependent Electricity System Operator$204,838Benefits $390Total $205,227
2024Senior Manager Contract Initiatives / Gestionnaire principal - Initiatives de contratIndependent Electricity System Operator$187,274Benefits $377Total $187,651
2023Senior Manager Contract Initiatives / Gestionnaire principal - Initiatives de contratIndependent Electricity System Operator / Opérateur indépendant de réseau d'électricité$178,573Benefits $216Total $178,789
2022Senior Manager Renewable Energy Contracts and Commercial Services / Gestionnaire principal, contrats d’énergie renouvelable et services commerciauxIndependent Electricity System Operator$167,986Benefits $220Total $168,206
2021Senior Manager Renewable Energy Contracts and Commercial Services / Gestionnaire principal, contrats d’énergie renouvelable et services commerciauxIndependent Electricity System Operator$146,813Benefits $210Total $147,023
2020Manager, Commercial Services / Gestionnaire – Services commerciauxIndependent Electricity System Operator$141,245Benefits $205Total $141,451
2019Manager, Commercial Services / Gestionnaire – Services commerciauxIndependent Electricity System Operator$138,054Benefits $216Total $138,270
2018Manager, Commercial Services / Gestionnaire – Services commerciauxIndependent Electricity System Operator$131,215Benefits $248Total $131,463
2017Manager, Commercial Services / Gestionnaire, Services commerciauxIndependent Electricity System Operator / Opérateur Indépendant De Réseau D'Électricité$126,708Benefits $482Total $127,190
2016Manager, Commercial Services / Gestionnaire – Services commerciauxIndependent Electricity System Operator$122,702Benefits $425Total $123,127
2015Manager, Commercial Services / Gestionnaire – Services commerciauxIndependent Electricity System Operator$122,271Benefits $472Total $122,743

Take-Home Pay
(After Tax) · 2025 estimate

Catherine Forster was paid $204,838 in 2025; after income tax, CPP and EI that is roughly $133,058, an effective income-tax rate of about 32.4%. That is about 9% more than the $187,274 paid in 2024. Records under this name have appeared on the Sunshine List 11 years in all, first in 2015. Pension contributions — likely PSPP or OPTrust in the Crown Agencies sector — would typically trim another 7–10% off that figure.

Estimated net pay
~$133,058
Effective income-tax rate (excl. CPP/EI)
~32.4%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~35.0%

Where does $204,838 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 Independent Electricity System Operator
2025

#1Lesley Gallinger
$708,974
President and Chief Executive Officer / Président et chef de la direction
#2Charles Farmer
$428,403
Executive Vice President, Power System Development / Vice-président(e) directeur(rice) – Développement des systèmes électriques
#3Kamaljit Sohi
$426,753
Executive Vice President and Chief Operating Officer, Markets and Reliability / Chef(fe) de l’exploitation et Vice-président(e) directeur(rice) – Marchés et fiabilité
#4Carla Nell
$412,660
Executive Vice President, Corporate Relations, Engagement and Strategy / Vice-président(e) directeur(rice) – Relations de l’entreprise, engagement et stratégie
#5Alex Foord
$403,103
Executive Vice-President, Information and Technology Services and Chief Information Officer / Vice-président(e) directeur(rice) – Services d’information et de technologie et Dirigeant(e) principal(e) de l’information
#6Michael Lyle
$388,437
Executive Vice President, Legal Resources and Corporate Governance / Vice-président(e) directeur(rice) – Ressources juridiques et gouvernance d’entreprise
#7Ernest Chui
$326,815
Vice President and Chief Financial Officer, Corporate Services / Vice-président(e) et Directeur(rice) financier(ère) – Services d’entreprise
#8Michael Boll
$315,154
Senior Director, Legal Resources and Corporate Secretary / Directeur(rice) principal(e) – Ressources juridiques et Secrétaire général(e)
#9Glenn Mcdonald
$311,199
Vice President Market Assessment and Compliance / Vice-président – Évaluation des marchés et conformité
#10David Short
$304,430
Senior Director Enabling Resources Program Delivery / Directeur principal – Exécution des programmes de ressources d'habilitation
View all 1,002 employees at Independent Electricity System Operator (2025) →