Derek Luk
City of Toronto – Toronto Transit Commission/Financial Analyst
2025 Salary
$117,943Total compensation $118,310, including $367 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
#4,349City of Toronto – Toronto Transit Commission
Years on List
12025–2025
Peak Salary
$117,9432025
Full 2025 roster at City of Toronto – Toronto Transit Commission →·See where $117,943 ranks →
Full History
2025–2025
| Year | Position | Salary |
|---|---|---|
| 2025 | Financial AnalystCity Of Toronto – Toronto Transit Commission | $117,943 |
Take-Home Pay
(After Tax) · 2025 estimate
Derek Luk was paid $117,943 in 2025; after income tax, CPP and EI that is roughly $85,728, an effective income-tax rate of about 22.6%. For comparison, the median Financial Analyst on the 2025 list was paid $107,980; this salary is about 9% more. 2025 is the first year Derek Luk appears on the list. After pension contributions (probably OMERS in this sector), take-home is usually a further 7–10% lower.
- Estimated net pay
- ~$85,728
- Effective income-tax rate (excl. CPP/EI)
- ~22.6%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~27.3%
- vs. 2025 Financial Analyst median
- +9%
Where does $117,943 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.