Garrett Tone
Invest Ontario/Executive Director Life Sciences/Directeur général, sciences de la vie
2025 Salary
$260,273Total compensation $260,978, including $705 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
#2Invest Ontario
Years on List
32023–2025
Peak Salary
$260,2732025
Full 2025 roster at Invest Ontario →·See where $260,273 ranks →
Total Compensation History
Full History
2023–2025
$190,154 in 2023 is worth about $198,748 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Executive Director Life Sciences/Directeur général, sciences de la vieInvest Ontario | $260,273Benefits $705Total $260,978 |
| 2024 | Executive Director Life Sciences/Directeur général, sciences de la vieInvest Ontario | $231,785Benefits $705Total $232,490 |
| 2023 | Executive Director Life Sciences/Directeur général, sciences de la vieInvest Ontario / Investissements Ontario | $190,154Benefits $646Total $190,800 |
Take-Home Pay
(After Tax) · 2025 estimate
In 2025, Garrett Tone's $260,273 salary works out to roughly $160,906 after income tax, CPP and EI — an all-in deduction rate of about 38.2%. Compared with 2024, when the figure was $231,785, that is a rise of about 12%. Records under this name have appeared on the Sunshine List 3 years in all, first in 2023. Pension contributions — likely PSPP or OPTrust in the Crown Agencies sector — would typically trim another 7–10% off that figure.
- Estimated net pay
- ~$160,906
- Effective income-tax rate (excl. CPP/EI)
- ~36.1%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~38.2%
Where does $260,273 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.