Jeffrey Callen

University of Toronto/Professor of Accounting

2025 Salary

$496,243

Total compensation $496,243, 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

At a Glance
2025

Employer Rank

#35

University of Toronto

Years on List

1999–2025

Peak Salary

$496,243

2025

Full 2025 roster at University of Toronto →·See where $496,243 ranks →

Total Compensation History

Total compensation, 1999–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
1999–2025

$115,000 in 1999 is worth about $203,262 in 2025 dollars.

Full salary history, by year
Year	Employer	Position	Salary	Benefits	Total
2025	University Of Toronto	Professor of AccountingUniversity Of Toronto	$496,243Benefits $0Total $496,243	$0	$496,243
2024	University Of Toronto	Professor of AccountingUniversity Of Toronto	$442,415Benefits $0Total $442,415	$0	$442,415
2023	University Of Toronto	Professor of AccountingUniversity Of Toronto	$453,606Benefits $0Total $453,606	$0	$453,606
2022	University Of Toronto	Professor of AccountingUniversity Of Toronto	$393,420Benefits $0Total $393,420	$0	$393,420
2021	University Of Toronto	Professor of AccountingUniversity Of Toronto	$376,756Benefits $0Total $376,756	$0	$376,756
2020	University Of Toronto	Professor of AccountingUniversity Of Toronto	$395,784Benefits $0Total $395,784	$0	$395,784
2019	University Of Toronto	Professor of AccountingUniversity Of Toronto	$390,837Benefits $0Total $390,837	$0	$390,837
2018	University of Toronto	Professor of AccountingUniversity of Toronto	$383,667Benefits $186Total $383,853	$186	$383,853
2017	University of Toronto	Professor of AccountingUniversity of Toronto	$378,469Benefits $224Total $378,693	$224	$378,693
2016	University of Toronto	Professor of AccountingUniversity of Toronto	$380,117Benefits $260Total $380,378	$260	$380,378
2015	University of Toronto	Professor Of AccountingUniversity of Toronto	$327,262Benefits $283Total $327,545	$283	$327,545
2014	University of Toronto	Professor of AccountingUniversity of Toronto	$325,434Benefits $306Total $325,740	$306	$325,740
2013	University of Toronto	Professor of AccountingUniversity of Toronto	$349,365Benefits $306Total $349,671	$306	$349,671
2012	University of Toronto	Professor of AccountingUniversity of Toronto	$344,240Benefits $459Total $344,699	$459	$344,699
2011	University of Toronto	Professor of AccountingUniversity of Toronto	$333,272Benefits $612Total $333,883	$612	$333,883
2010	University of Toronto	Professor of AccountingUniversity of Toronto	$322,242Benefits $589Total $322,832	$589	$322,832
2009	University of Toronto	Professor of AccountingUniversity of Toronto	$316,273Benefits $567Total $316,840	$567	$316,840
2008	University of Toronto	Professor, AccountingUniversity of Toronto	$286,556Benefits $567Total $287,123	$567	$287,123
2007	University of Toronto	Professor, AccountingUniversity of Toronto	$276,441Benefits $567Total $277,007	$567	$277,007
2006	University of Toronto	Professor of AccountingUniversity of Toronto	$293,871Benefits $598Total $294,469	$598	$294,469
2005	University of Toronto	Professor, AccountingUniversity of Toronto	$269,671Benefits $665Total $270,336	$665	$270,336
2004	University of Toronto	Professor, AccountingUniversity of Toronto	$256,117Benefits $655Total $256,772	$655	$256,772
2003	University of Toronto	Professor, AccountingUniversity of Toronto	$252,100Benefits $610Total $252,710	$610	$252,710
2002	University of Toronto	Professor of AccountingUniversity of Toronto	$246,100Benefits $610Total $246,710	$610	$246,710
2001	University of Toronto	Professor of AccountingUniversity of Toronto	$245,550Benefits $610Total $246,160	$610	$246,160
2000	University of Toronto	Professor of AccountingUniversity of Toronto	$237,500Benefits $610Total $238,110	$610	$238,110
1999	University of Toronto	Professor of AccountingUniversity of Toronto	$115,000Benefits $0Total $115,000	$0	$115,000

Take-Home Pay
(After Tax) · 2025 estimate

In 2025, Jeffrey Callen's $496,243 salary works out to roughly $270,562 after income tax, CPP and EI — an all-in deduction rate of about 45.5%. Compared with 2024, when the figure was $442,415, that is a rise of about 12%. Records under this name have appeared on the Sunshine List 27 years in all, first in 1999. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.

Estimated net pay: ~$270,562
Effective income-tax rate (excl. CPP/EI): ~44.4%
CPP + EI contributions: ~$5,507
All-in deduction rate (incl. CPP/EI): ~45.5%
vs. 2025 Professor of Accounting median: +15%

Where does $496,243 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