Derek Cole
Upper Canada District School Board/Elementary Principal
2025 Salary
$174,934Total compensation $174,934, 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
#33Upper Canada District School Board
Years on List
162010–2025
Peak Salary
$174,9342025
Full 2025 roster at Upper Canada District School Board →·See where $174,934 ranks →
Total Compensation History
Full History
2010–2025
$101,716 in 2010 is worth about $143,363 in 2025 dollars.
Take-Home Pay
(After Tax) · 2025 estimate
Of the $174,934 Derek Cole earned in 2025, roughly $117,607 would remain after income tax, CPP and EI, an all-in deduction rate of about 32.8%. That is about 24% more than the $140,818 paid in 2024. That is about 5% above the 2025 median of $166,398 for Elementary School Principal on the Sunshine List. Most School Boards employees belong to OTPP for teachers or OMERS, so actual take-home is likely another 7–10% lower after pension contributions.
- Estimated net pay
- ~$117,607
- Effective income-tax rate (excl. CPP/EI)
- ~29.6%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~32.8%
- vs. 2025 Elementary School Principal median
- +5%
Where does $174,934 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.