Hai Lu

University of Toronto/Professor of Accounting

2025 Salary

$467,334

Total compensation $467,459, including $126 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

#48

University of Toronto

Years on List

2005–2025

Peak Salary

$473,110

2023

Full 2025 roster at University of Toronto →·See where $467,334 ranks →

Total Compensation History

Total compensation, 2005–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2005–2025

$195,000 in 2005 is worth about $299,243 in 2025 dollars.

Full salary history, by year
Year	Employer	Position	Salary	Benefits	Total
2025	University Of Toronto	Professor of AccountingUniversity Of Toronto	$467,334Benefits $126Total $467,459	$126	$467,459
2024	University Of Toronto	Professor of AccountingUniversity Of Toronto	$415,153Benefits $129Total $415,282	$129	$415,282
2023	University Of Toronto	Professor of AccountingUniversity Of Toronto	$473,110Benefits $129Total $473,239	$129	$473,239
2022	University Of Toronto	Professor of AccountingUniversity Of Toronto	$415,253Benefits $136Total $415,389	$136	$415,389
2021	University Of Toronto	Professor of AccountingUniversity Of Toronto	$397,793Benefits $143Total $397,937	$143	$397,937
2020	University Of Toronto	Professor of AccountingUniversity Of Toronto	$393,250Benefits $151Total $393,401	$151	$393,401
2019	University Of Toronto	Professor of AccountingUniversity Of Toronto	$395,719Benefits $180Total $395,899	$180	$395,899
2018	University of Toronto	Professor of AccountingUniversity of Toronto	$355,385Benefits $201Total $355,586	$201	$355,586
2017	University of Toronto	Professor of AccountingUniversity of Toronto	$120,795Benefits $224Total $121,019	$224	$121,019
2015	University of Toronto	Professor Of AccountingUniversity of Toronto	$129,196Benefits $283Total $129,479	$283	$129,479
2014	University of Toronto	Professor of AccountingUniversity of Toronto	$260,484Benefits $306Total $260,790	$306	$260,790
2013	University of Toronto	Professor of AccountingUniversity of Toronto	$253,521Benefits $306Total $253,827	$306	$253,827
2012	University of Toronto	Professor of AccountingUniversity of Toronto	$232,030Benefits $306Total $232,336	$306	$232,336
2011	University of Toronto	Professor of AccountingUniversity of Toronto	$224,245Benefits $306Total $224,551	$306	$224,551
2010	University of Toronto	Professor of AccountingUniversity of Toronto	$234,603Benefits $295Total $234,898	$295	$234,898
2009	University of Toronto	Professor of AccountingUniversity of Toronto	$228,161Benefits $283Total $228,444	$283	$228,444
2008	University of Toronto	Professor, AccountingUniversity of Toronto	$224,186Benefits $283Total $224,469	$283	$224,469
2007	University of Toronto	Professor, AccountingUniversity of Toronto	$213,089Benefits $283Total $213,372	$283	$213,372
2006	University of Toronto	Professor of AccountingUniversity of Toronto	$205,789Benefits $299Total $206,088	$299	$206,088
2005	University of Toronto	Professor, AccountingUniversity of Toronto	$195,000Benefits $332Total $195,332	$332	$195,332

Take-Home Pay
(After Tax) · 2025 estimate

Of the $467,334 Hai Lu earned in 2025, roughly $257,128 would remain after income tax, CPP and EI, an all-in deduction rate of about 45.0%. Compared with 2024, when the figure was $415,153, that is a rise of about 13%. Hai Lu has appeared on the list 20 times since 2005. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.

Estimated net pay: ~$257,128
Effective income-tax rate (excl. CPP/EI): ~43.8%
CPP + EI contributions: ~$5,507
All-in deduction rate (incl. CPP/EI): ~45.0%
vs. 2025 Professor of Accounting median: +8%

Where does $467,334 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