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Derek Goad

Ontario Power Generation/Section Manager

2023 Salary — last year on the list

$140,748

Total compensation $144,021, including $3,274 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
2023

Employer Rank

#6,421

Ontario Power Generation

Years on List

5

2018–2023

Peak Salary

$140,748

2023

Full 2023 roster at Ontario Power Generation →·See where $140,748 ranks →

Total Compensation History

Total compensation by yearLine chart of 5 yearly values of total compensation, from $102,185 in 2018 to $144,021 in 2023. No data for 2019.$100K$110K$120K$130K$140K$150K20182020202120222023
Total compensation, 2018–2023. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2018–2023

$100,136 in 2018 is worth about $123,255 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2023Section ManagerOntario Power Generation$140,748Benefits $3,274Total $144,021
2022Section ManagerOntario Power Generation$125,956Benefits $2,966Total $128,921
2021Technical Engineer/OfficerOntario Power Generation$131,611Benefits $2,574Total $134,185
2020Technical Engineer/OfficerOntario Power Generation$122,905Benefits $2,298Total $125,203
2018Technical Engineer/OfficerOntario Power Generation$100,136Benefits $2,049Total $102,185

Take-Home Pay
(After Tax) · 2023 estimate

Take-home on Derek Goad's 2023 salary of $140,748 comes to roughly $97,304 once federal and Ontario income tax (about 27.5% effective) is deducted. It is up about 12% on the $125,956 paid in 2022. Within Ontario Power Generation, Derek Goad's total compensation of $144,021 was the #6,421 of 9,310, against a median salary of $155,872. 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
~$97,304
Effective income-tax rate (excl. CPP/EI)
~27.5%
CPP + EI contributions
~$4,756
All-in deduction rate (incl. CPP/EI)
~30.9%
vs. 2023 Section Manager median
−17%

Where does $140,748 rank on the Sunshine List? →

Estimate only: 2023 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
2023

View all 9,310 employees at Ontario Power Generation (2023) →