Ing-Haw Cheng
University of Toronto/Associate Professor, Finance
2025 Salary
$534,219Total compensation $537,470, including $3,251 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
#18University of Toronto
Years on List
52021–2025
Peak Salary
$534,2192025
Full 2025 roster at University of Toronto →·See where $534,219 ranks →
Total Compensation History
Full History
2021–2025
$172,500 in 2021 is worth about $200,032 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Associate Professor, FinanceUniversity Of Toronto | $534,219Benefits $3,251Total $537,470 |
| 2024 | Associate Professor, FinanceUniversity Of Toronto | $432,259Benefits $6,274Total $438,532 |
| 2023 | Associate Professor, FinanceUniversity Of Toronto | $407,539Benefits $4,825Total $412,363 |
| 2022 | Associate Professor, FinanceUniversity Of Toronto | $408,741Benefits $3,272Total $412,013 |
| 2021 | Associate Professor, FinanceUniversity Of Toronto | $172,500Benefits $443Total $172,943 |
Take-Home Pay
(After Tax) · 2025 estimate
In 2025, Ing-Haw Cheng's $534,219 salary works out to roughly $288,210 after income tax, CPP and EI — an all-in deduction rate of about 46.1%. That is about 24% more than the $432,259 paid in 2024. Ing-Haw Cheng has appeared on the list 5 times since 2021. 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
- ~$288,210
- Effective income-tax rate (excl. CPP/EI)
- ~45.0%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~46.1%
Where does $534,219 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.