Grace Lee Reynolds
MaRS Discovery District/Chief Executive Officer
2025 Salary
$317,263Total compensation $327,541, including $10,278 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
Records separated by several years; may be more than one person.
At a Glance
2025
Employer Rank
#1MaRS Discovery District
Years on List
102012–2025
Peak Salary
$340,2502018
Full 2025 roster at MaRS Discovery District →·See where $317,263 ranks →
Total Compensation History
Full History
2012–2025
$170,458 in 2012 is worth about $229,986 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Chief Executive OfficerMaRS Discovery District | $317,263Benefits $10,278Total $327,541 |
| 2024 | Head of Development and ProgrammingMaRS Discovery District | $157,225Benefits $1,377Total $158,602 |
| 2019 | Chief Business OfficerMaRS Discovery District | $299,000Benefits $7,871Total $306,871 |
| 2018 | Chief Operating Officer and Chief Financial OfficerMars Discovery District | $340,250Benefits $9,150Total $349,400 |
| 2017 | Chief Financial Officer / Chef des services financiersMars Discovery District | $253,750Benefits $6,237Total $259,987 |
| 2016 | Chief Financial Officer / Chef des services financiersMaRS Discovery District | $210,000Benefits $6,236Total $216,236 |
| 2015 | Chief Financial Officer / Chef des services financiersMaRS Discovery District | $210,000Benefits $6,243Total $216,243 |
| 2014 | Chief Financial Officer / Chef des services financiersMaRS Discovery District | $210,000Benefits $6,269Total $216,269 |
| 2013 | Vice President, FinanceMaRS Discovery District | $206,355Benefits $6,260Total $212,615 |
| 2012 | Vice President, FinanceMaRS Discovery District | $170,458Benefits $5,676Total $176,135 |
Take-Home Pay
(After Tax) · 2025 estimate
In 2025, Grace Lee Reynolds's $317,263 salary works out to roughly $187,390 after income tax, CPP and EI — an all-in deduction rate of about 40.9%. The 2024 record under this name shows $157,225. Records under this name have appeared on the Sunshine List 10 years in all, first in 2012. 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
- ~$187,390
- Effective income-tax rate (excl. CPP/EI)
- ~39.2%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~40.9%
- vs. 2025 Chief Executive Officer median
- +73%
Where does $317,263 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.