Heather Banks
Peel District School Board/Teacher
2025 Salary
$116,249Total compensation $118,274, including $2,025 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
#6,298Peel District School Board
Years on List
32020–2025
Peak Salary
$116,2492025
Full 2025 roster at Peel District School Board →·See where $116,249 ranks →
Total Compensation History
Full History
2020–2025
$101,544 in 2020 is worth about $121,704 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | TeacherPeel District School Board | $116,249Benefits $2,025Total $118,274 |
| 2021 | Teacher - Special Education In-school Support ProgramPeel District School Board | $100,918Benefits $0Total $100,918 |
| 2020 | Teacher – English as a Second Language – ElementaryPeel District School Board | $101,544Benefits $0Total $101,544 |
Take-Home Pay
(After Tax) · 2025 estimate
In 2025, Heather Banks's $116,249 salary works out to roughly $84,769 after income tax, CPP and EI — an all-in deduction rate of about 27.1%. For comparison, the median Teacher on the 2025 list was paid $118,059; this salary is about 2% less. The 2021 record under this name shows $100,918. Records under this name have appeared on the Sunshine List 3 years in all, first in 2020. Pension contributions — likely OTPP for teachers or OMERS in the School Boards sector — would typically trim another 7–10% off that figure.
- Estimated net pay
- ~$84,769
- Effective income-tax rate (excl. CPP/EI)
- ~22.3%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~27.1%
- vs. 2025 Teacher median
- −2%
Where does $116,249 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.