George Zegarac
Toronto Waterfront Revitalization Corporation/Chief Executive Officer
2025 Salary
$513,274Total compensation $531,262, including $17,988 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
#1Toronto Waterfront Revitalization Corporation
Years on List
72019–2025
Peak Salary
$513,2742025
Full 2025 roster at Toronto Waterfront Revitalization Corporation →·See where $513,274 ranks →
Total Compensation History
Full History
2019–2025
$165,818 in 2019 is worth about $200,201 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Chief Executive OfficerToronto Waterfront Revitalization Corporation | $513,274Benefits $17,988Total $531,262 |
| 2024 | Chief Executive OfficerToronto Waterfront Revitalization Corporation | $494,774Benefits $17,523Total $512,297 |
| 2023 | Chief Executive OfficerToronto Waterfront Revitalization Corporation | $485,389Benefits $16,726Total $502,115 |
| 2022 | Chief Executive OfficerToronto Waterfront Revitalization Corporation | $470,363Benefits $15,730Total $486,093 |
| 2021 | Chief Executive OfficerToronto Waterfront Revitalization Corporation | $475,490Benefits $700Total $476,190 |
| 2020 | Cheif Executive OfficerToronto Waterfront Revitalization Corporation | $438,537Benefits $700Total $439,237 |
| 2019 | Chief Executive OfficerToronto Waterfront Revitalization Corporation | $165,818Benefits $233Total $166,051 |
Take-Home Pay
(After Tax) · 2025 estimate
Of the $513,274 George Zegarac earned in 2025, roughly $278,477 would remain after income tax, CPP and EI, an all-in deduction rate of about 45.7%. Among those listed as Chief Executive Officer in 2025, the median was $183,562; this salary sits about 180% above it. Compared with 2024, when the figure was $494,774, that is a rise of about 4%. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.
- Estimated net pay
- ~$278,477
- Effective income-tax rate (excl. CPP/EI)
- ~44.7%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~45.7%
- vs. 2025 Chief Executive Officer median
- +180%
Where does $513,274 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.