Justin Mcfadden
City of Waterloo/Executive Director, Economic Development
2025 Salary
$182,774Total compensation $184,240, including $1,466 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
#21City of Waterloo
Years on List
122014–2025
Peak Salary
$182,7742025
Full 2025 roster at City of Waterloo →·See where $182,774 ranks →
Total Compensation History
Full History
2014–2025
$102,405 in 2014 is worth about $134,304 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Executive Director, Economic DevelopmentCity Of Waterloo | $182,774Benefits $1,466Total $184,240 |
| 2024 | Executive Director, Economic DevelopmentCity Of Waterloo | $169,488Benefits $1,525Total $171,013 |
| 2023 | Executive Director, Economic DevelopmentCity Of Waterloo | $164,396Benefits $1,479Total $165,875 |
| 2022 | Executive Director, Economic DevelopmentCity Of Waterloo | $161,340Benefits $1,280Total $162,620 |
| 2021 | Executive Director, Economic DevelopmentCity Of Waterloo | $153,924Benefits $1,139Total $155,063 |
| 2020 | Executive Director, Economic DevelopmentCity Of Waterloo | $144,983Benefits $1,053Total $146,036 |
| 2019 | Executive Director, Economic DevelopmentCity Of Waterloo | $136,374Benefits $1,053Total $137,428 |
| 2018 | Executive Director, Economic DevelopmentCity of Waterloo | $128,595Benefits $992Total $129,587 |
| 2017 | Executive Director, Economic DevelopmentCity of Waterloo | $119,644Benefits $935Total $120,579 |
| 2016 | Executive Director, Economic DevelopmentCity of Waterloo | $112,777Benefits $897Total $113,674 |
| 2015 | Executive Director, Economic DevelopmentCity of Waterloo | $105,490Benefits $1,125Total $106,615 |
| 2014 | Executive Director, Economic DevelopmentCity of Waterloo | $102,405Benefits $2,079Total $104,484 |
Take-Home Pay
(After Tax) · 2025 estimate
In 2025, Justin Mcfadden's $182,774 salary works out to roughly $121,794 after income tax, CPP and EI — an all-in deduction rate of about 33.4%. That is about 8% more than the $169,488 paid in 2024. Justin Mcfadden has appeared on the list 12 times since 2014. Most Municipalities & Services employees belong to OMERS, so actual take-home is likely another 7–10% lower after pension contributions.
- Estimated net pay
- ~$121,794
- Effective income-tax rate (excl. CPP/EI)
- ~30.4%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~33.4%
Where does $182,774 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.