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Chi-Wing Ma

Treasury Board Secretariat/Senior Quantitative Economist

2025 Salary

$129,861

Total compensation $129,861, 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
2025

Employer Rank

#532

Treasury Board Secretariat

Years on List

2

2024–2025

Peak Salary

$129,861

2025

Full 2025 roster at Treasury Board Secretariat →·See where $129,861 ranks →

Total Compensation History

Total compensation by yearLine chart of 2 yearly values of total compensation, from $118,526 in 2024 to $129,861 in 2025.$100K$110K$120K$130K20242025
Total compensation, 2024–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2024–2025

$118,526 in 2024 is worth about $120,957 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Senior Quantitative EconomistTreasury Board Secretariat$129,861Benefits $0Total $129,861
2024Senior Quantitative EconomistTreasury Board Secretariat$118,526Benefits $0Total $118,526

Take-Home Pay
(After Tax) · 2025 estimate

Chi-Wing Ma was paid $129,861 in 2025; after income tax, CPP and EI that is roughly $92,472, an effective income-tax rate of about 24.6%. Compared with 2024, when the figure was $118,526, that is a rise of about 10%. Chi-Wing Ma has appeared on the list twice since 2024. Most Government of Ontario – Ministries employees belong to PSPP or OPTrust, so actual take-home is likely another 7–10% lower after pension contributions.

Estimated net pay
~$92,472
Effective income-tax rate (excl. CPP/EI)
~24.6%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~28.8%

Where does $129,861 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 Treasury Board Secretariat
2025

View all 1,198 employees at Treasury Board Secretariat (2025) →