Craig Rae

Ontario Power Generation/Authorized Nuclear Operator

2025 Salary

$297,068

Total compensation $311,389, including $14,321 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

#209

Ontario Power Generation

Years on List

1999–2025

Peak Salary

$334,488

2023

Full 2025 roster at Ontario Power Generation →·See where $297,068 ranks →

Total Compensation History

Total compensation, 1999–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
1999–2025

$129,569 in 1999 is worth about $229,011 in 2025 dollars.

Full salary history, by year
Year	Employer	Position	Salary	Benefits	Total
2025	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$297,068Benefits $14,321Total $311,389	$14,321	$311,389
2024	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$322,604Benefits $12,249Total $334,852	$12,249	$334,852
2023	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$334,488Benefits $11,782Total $346,270	$11,782	$346,270
2022	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$301,917Benefits $10,687Total $312,605	$10,687	$312,605
2021	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$280,897Benefits $9,586Total $290,482	$9,586	$290,482
2020	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$282,619Benefits $8,583Total $291,202	$8,583	$291,202
2019	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$267,278Benefits $7,267Total $274,545	$7,267	$274,545
2018	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$265,344Benefits $7,405Total $272,748	$7,405	$272,748
2017	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$255,086Benefits $8,194Total $263,281	$8,194	$263,281
2016	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$269,620Benefits $2,153Total $271,773	$2,153	$271,773
2015	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$219,804Benefits $1,978Total $221,782	$1,978	$221,782
2014	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$210,116Benefits $1,954Total $212,070	$1,954	$212,070
2013	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$209,821Benefits $1,914Total $211,735	$1,914	$211,735
2012	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$209,032Benefits $1,875Total $210,906	$1,875	$210,906
2011	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$200,582Benefits $1,983Total $202,565	$1,983	$202,565
2010	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$210,052Benefits $1,831Total $211,884	$1,831	$211,884
2009	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$214,804Benefits $1,795Total $216,599	$1,795	$216,599
2008	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$225,136Benefits $1,815Total $226,951	$1,815	$226,951
2007	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$214,684Benefits $1,468Total $216,152	$1,468	$216,152
2006	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$203,197Benefits $2,100Total $205,297	$2,100	$205,297
2005	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$225,444Benefits $828Total $226,273	$828	$226,273
2004	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$209,369Benefits $755Total $210,124	$755	$210,124
2003	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$207,119Benefits $670Total $207,789	$670	$207,789
2002	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$188,250Benefits $772Total $189,022	$772	$189,022
2001	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$182,459Benefits $611Total $183,070	$611	$183,070
2000	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$153,274Benefits $546Total $153,820	$546	$153,820
1999	Ontario Power Generation	Authorized Nuclear OperatorOntario Power Generation	$129,569Benefits $475Total $130,044	$475	$130,044

Take-Home Pay
(After Tax) · 2025 estimate

Of the $297,068 Craig Rae earned in 2025, roughly $178,005 would remain after income tax, CPP and EI, an all-in deduction rate of about 40.1%. It is down about 8% from the $322,604 paid in 2024. For comparison, the median Authorized Nuclear Operator on the 2025 list was paid $286,652; this salary is about 4% more. Members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less after pension contributions, which this estimate leaves out.

Estimated net pay: ~$178,005
Effective income-tax rate (excl. CPP/EI): ~38.2%
CPP + EI contributions: ~$5,507
All-in deduction rate (incl. CPP/EI): ~40.1%
vs. 2025 Authorized Nuclear Operator median: +4%

Where does $297,068 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 Ontario Power Generation
2025

Also at Ontario Power Generation, 2025
#	Name	Position	Salary	Total
1	Kenneth Hartwick	Special Advisor	$1,907,409	$1,910,992
2	Nicolle Butcher	President and Chief Executive Officer	$1,596,218	$1,598,309
3	Steve Gregoris	Chief Nuclear Officer	$1,092,855	$1,096,651
4	Aida Cipolla	Chief Financial Officer and Chief Administrative Officer	$1,013,496	$1,016,119
5	Subo Sinnathamby	Chief Projects Officer	$981,476	$985,253
6	Mark Knutson	Chief Enterprise Engineering and Chief Nuclear Engineer	$856,947	$859,793
7	Jon Franke	Senior Vice President Nuclear	$826,655	$828,637
8	Shelley Babin	Chief Operations Officer	$748,469	$750,849
9	Brenda Macdonald	Chief Commercial Officer	$727,479	$729,740
10	David Kaposi	Executive Vice President Investment Strategy and Business Development	$701,432	$703,541