George Loo
Economic Development, Job Creation and Trade/Chief Financial Officer
2022 Salary — last year on the list
$115,956Total compensation $116,106, including $150 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
2022
Employer Rank
#161Economic Development, Job Creation and Trade
Years on List
42019–2022
Peak Salary
$115,9562022
Full 2022 roster at Economic Development, Job Creation and Trade →·See where $115,956 ranks →
Total Compensation History
Full History
2019–2022
$110,680 in 2019 is worth about $133,630 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2022 | Chief Financial OfficerEconomic Development, Job Creation and Trade | $115,956Benefits $150Total $116,106 |
| 2021 | Chief Financial OfficerEconomic Development, Job Creation and Trade | $114,388Benefits $149Total $114,537 |
| 2020 | Chief Financial OfficerEconomic Development, Job Creation and Trade | $112,143Benefits $146Total $112,289 |
| 2019 | Chief Financial OfficerEconomic Development, Job Creation and Trade | $110,680Benefits $147Total $110,827 |
Take-Home Pay
(After Tax) · 2022 estimate
George Loo was paid $115,956 in 2022; after income tax, CPP and EI that is roughly $82,196, an effective income-tax rate of about 25.3%. Among those listed as Chief Financial Officer in 2022, the median was $152,250; this salary sits about 24% below it. George Loo has appeared on the list 4 times since 2019. Pension contributions — likely PSPP or OPTrust in the Government of Ontario – Ministries sector — would typically trim another 7–10% off that figure.
- Estimated net pay
- ~$82,196
- Effective income-tax rate (excl. CPP/EI)
- ~25.3%
- CPP + EI contributions
- ~$4,453
- All-in deduction rate (incl. CPP/EI)
- ~29.1%
- vs. 2022 Chief Financial Officer median
- −24%
Where does $115,956 rank on the Sunshine List? →
Estimate only: 2022 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.