Francesco Bova

University of Toronto/Associate Professor of Accounting

2025 Salary

$425,673

Total compensation $427,924, including $2,251 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

#92

University of Toronto

Years on List

2008–2025

Peak Salary

$425,673

2025

Full 2025 roster at University of Toronto →·See where $425,673 ranks →

Total Compensation History

Total compensation, 2008–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2008–2025

$112,500 in 2008 is worth about $161,897 in 2025 dollars.

Full salary history, by year
Year	Employer	Position	Salary	Benefits	Total
2025	University Of Toronto	Associate Professor of AccountingUniversity Of Toronto	$425,673Benefits $2,251Total $427,924	$2,251	$427,924
2024	University Of Toronto	Associate Professor of AccountingUniversity Of Toronto	$401,099Benefits $2,258Total $403,357	$2,258	$403,357
2023	University Of Toronto	Associate Professor of AccountingUniversity Of Toronto	$417,166Benefits $2,258Total $419,424	$2,258	$419,424
2022	University Of Toronto	Associate Professor of AccountingUniversity Of Toronto	$368,146Benefits $2,272Total $370,418	$2,272	$370,418
2021	University Of Toronto	Associate Professor of AccountingUniversity Of Toronto	$334,297Benefits $2,827Total $337,124	$2,827	$337,124
2020	University Of Toronto	Professor of AccountingUniversity Of Toronto	$342,156Benefits $5,402Total $347,559	$5,402	$347,559
2019	University Of Toronto	Professor of AccountingUniversity Of Toronto	$324,045Benefits $4,321Total $328,366	$4,321	$328,366
2018	University of Toronto	Professor of AccountingUniversity of Toronto	$308,909Benefits $4,103Total $313,012	$4,103	$313,012
2017	University of Toronto	Professor of AccountingUniversity of Toronto	$326,469Benefits $2,448Total $328,917	$2,448	$328,917
2016	University of Toronto	Professor of AccountingUniversity of Toronto	$296,453Benefits $2,020Total $298,474	$2,020	$298,474
2015	University of Toronto	Professor Of AccountingUniversity of Toronto	$250,647Benefits $566Total $251,213	$566	$251,213
2014	University of Toronto	Professor of AccountingUniversity of Toronto	$263,489Benefits $612Total $264,100	$612	$264,100
2013	University of Toronto	Professor of AccountingUniversity of Toronto	$270,613Benefits $459Total $271,072	$459	$271,072
2012	University of Toronto	Professor of AccountingUniversity of Toronto	$261,032Benefits $408Total $261,439	$408	$261,439
2011	University of Toronto	Professor of AccountingUniversity of Toronto	$241,781Benefits $408Total $242,189	$408	$242,189
2010	University of Toronto	Professor of AccountingUniversity of Toronto	$238,925Benefits $393Total $239,317	$393	$239,317
2009	University of Toronto	Professor of AccountingUniversity of Toronto	$226,453Benefits $378Total $226,831	$378	$226,831
2008	University of Toronto	Professor, AccountingUniversity of Toronto	$112,500Benefits $189Total $112,689	$189	$112,689

Take-Home Pay
(After Tax) · 2025 estimate

Francesco Bova was paid $425,673 in 2025; after income tax, CPP and EI that is roughly $237,768, an effective income-tax rate of about 42.8%. Compared with 2024, when the figure was $401,099, that is a rise of about 6%. Francesco Bova has appeared on the list 18 times since 2008. 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: ~$237,768
Effective income-tax rate (excl. CPP/EI): ~42.8%
CPP + EI contributions: ~$5,507
All-in deduction rate (incl. CPP/EI): ~44.1%

Where does $425,673 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 University of Toronto
2025

Also at University of Toronto, 2025
#	Name	Position	Salary	Total
1	Alan Aspuru-Guzik	Professor of Chemistry and Computer Science	$649,993	$684,041
2	Brian Golden	Professor of Strategic Management	$616,607	$616,858
3	Mikhail Simutin	Associate Professor of Finance	$593,667	$603,115
4	David Goldreich	Professor of Finance	$601,972	$602,270
5	Theodore Brown	Professor, Obstetrics and Gynaecology	$598,159	$598,224
6	William Strange	Professor of Economic Analysis and Policy	$596,033	$596,242
7	Meric Gertler	Professor of Geography and Planning	$555,450	$588,914
8	Wei-Yi (Scott) Liao	Professor of Accounting	$573,981	$576,190
9	Dilip Soman	Professor of Marketing	$575,404	$575,529
10	Partha Sarat Mohanram	Professor of Accounting	$573,196	$573,321