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Ian Bain

Toronto District School Board/Principal Secondary

2022 Salary — last year on the list

$140,365

Total compensation $140,365, including $0 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
2022

Employer Rank

#181

Toronto District School Board

Years on List

2

2015–2022

Peak Salary

$140,365

2022

Full 2022 roster at Toronto District School Board·See where $140,365 ranks →

Total Compensation History

Total compensation by yearLine chart of 2 yearly values of total compensation, from $123,983 in 2015 to $140,365 in 2022. No data from 2016 to 2021.$100K$110K$120K$130K$140K$150K20152022
Total compensation, 2015–2022. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
20152022

$123,983 in 2015 is worth about $160,806 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2022Principal SecondaryToronto District School Board$140,365
2015Principal, SecondaryToronto District School Board$123,983

Take-Home Pay
(After Tax) · 2022 estimate

Take-home on Ian Bain's 2022 salary of $140,365 comes to roughly $96,009 once federal and Ontario income tax (about 28.4% effective) is deducted. At Toronto District School Board, 9,770 people made the 2022 list with a median salary of $101,743; Ian Bain's total compensation of $140,365 ranked #181. The 2015 record under this name shows $123,983. Records under this name have appeared on the Sunshine List 2 years in all, first in 2015. 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
~$96,009
Effective income-tax rate (excl. CPP/EI)
~28.4%
CPP + EI contributions
~$4,453
All-in deduction rate (incl. CPP/EI)
~31.6%
vs. 2022 Secondary School Principal median
+2%

Where does $140,365 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.

Also at Toronto District School Board
2022

View all 9,770 employees at Toronto District School Board (2022) →