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Cheryl Braan

Regional Municipality of Waterloo/Commissioner, Corporate Services/Chief Financial Officer

2024 Salary — last year on the list

$160,218

Total compensation $162,235, including $2,017 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
2024

Employer Rank

#47

Regional Municipality of Waterloo

Years on List

10

2015–2024

Peak Salary

$174,424

2023

Full 2024 roster at Regional Municipality of Waterloo →·See where $160,218 ranks →

Total Compensation History

Total compensation by yearLine chart of 10 yearly values of total compensation, from $110,671 in 2015 to $162,235 in 2024.$100K$120K$140K$160K$180K201520172019202020222024
Total compensation, 2015–2024. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2015–2024

$109,665 in 2015 is worth about $142,235 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2024Commissioner, Corporate Services/Chief Financial OfficerRegional Municipality Of Waterloo$160,218Benefits $2,017Total $162,235
2023Director, Corporate FinanceRegional Municipality Of Waterloo$174,424Benefits $2,591Total $177,014
2022Director, Corporate FinanceRegional Municipality Of Waterloo$160,766Benefits $2,470Total $163,236
2021Director, Corporate FinanceRegional Municipality Of Waterloo$149,213Benefits $2,407Total $151,620
2020Director, Financial Services and Development FinancingRegional Municipality Of Waterloo$139,395Benefits $778Total $140,173
2019Director, Financial Services and Development FinancingRegional Municipality Of Waterloo$127,862Benefits $1,207Total $129,068
2018Manager, Corporate BudgetsRegional Municipality of Waterloo$118,864Benefits $1,074Total $119,938
2017Manager, Corporate BudgetsRegional Municipality of Waterloo$116,826Benefits $1,073Total $117,898
2016Manager, Budgets and Performance MeasurementRegional Municipality of Waterloo$113,088Benefits $1,021Total $114,109
2015Manager, Budgets & Performance MeasurementRegional Municipality of Waterloo$109,665Benefits $1,007Total $110,671

Take-Home Pay
(After Tax) · 2024 estimate

In 2024, Cheryl Braan's $160,218 salary works out to roughly $108,959 after income tax, CPP and EI — an all-in deduction rate of about 32.0%. That is about 8% less than the $174,424 paid in 2023. Records under this name have appeared on the Sunshine List 10 years in all, first in 2015. Pension contributions — likely OMERS in the Municipalities & Services sector — would typically trim another 7–10% off that figure.

Estimated net pay
~$108,959
Effective income-tax rate (excl. CPP/EI)
~28.8%
CPP + EI contributions
~$5,105
All-in deduction rate (incl. CPP/EI)
~32.0%

Where does $160,218 rank on the Sunshine List? →

Estimate only: 2024 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 Regional Municipality of Waterloo
2024

View all 830 employees at Regional Municipality of Waterloo (2024) →