Karen Dion

University of Toronto/Professor of Psychology

2023 Salary — last year on the list

$120,040

Total compensation $120,040, 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
2023

Employer Rank

#4,418

University of Toronto

Years on List

2006–2023

Peak Salary

$203,796

2021

Full 2023 roster at University of Toronto →·See where $120,040 ranks →

Total Compensation History

Total compensation, 2006–2023. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2006–2023

$121,980 in 2006 is worth about $183,586 in 2025 dollars.

Full salary history, by year
Year	Employer	Position	Salary	Benefits	Total
2023	University Of Toronto	Professor of PsychologyUniversity Of Toronto	$120,040Benefits $0Total $120,040	$0	$120,040
2022	University Of Toronto	Professor of PsychologyUniversity Of Toronto	$200,432Benefits $0Total $200,432	$0	$200,432
2021	University Of Toronto	Professor of PsychologyUniversity Of Toronto	$203,796Benefits $0Total $203,796	$0	$203,796
2020	University Of Toronto	Professor of PsychologyUniversity Of Toronto	$200,380Benefits $0Total $200,380	$0	$200,380
2019	University Of Toronto	Professor of PsychologyUniversity Of Toronto	$183,313Benefits $0Total $183,313	$0	$183,313
2018	University of Toronto	Professor of PsychologyUniversity of Toronto	$188,547Benefits $0Total $188,547	$0	$188,547
2017	University of Toronto	Professor of PsychologyUniversity of Toronto	$184,064Benefits $0Total $184,064	$0	$184,064
2016	University of Toronto	Professor of PsychologyUniversity of Toronto	$185,030Benefits $239Total $185,268	$239	$185,268
2015	University of Toronto	Professor Of PsychologyUniversity of Toronto	$171,189Benefits $283Total $171,472	$283	$171,472
2014	University of Toronto	Professor of PsychologyUniversity of Toronto	$155,263Benefits $306Total $155,569	$306	$155,569
2013	University of Toronto	Professor of PsychologyUniversity of Toronto	$166,908Benefits $306Total $167,214	$306	$167,214
2012	University of Toronto	Professor of PsychologyUniversity of Toronto	$163,442Benefits $306Total $163,748	$306	$163,748
2011	University of Toronto	Professor of PsychologyUniversity of Toronto	$158,589Benefits $459Total $159,047	$459	$159,047
2010	University of Toronto	Professor of PsychologyUniversity of Toronto	$139,040Benefits $589Total $139,630	$589	$139,630
2009	University of Toronto	Professor of PsychologyUniversity of Toronto	$147,557Benefits $567Total $148,124	$567	$148,124
2008	University of Toronto	Professor, PsychologyUniversity of Toronto	$143,678Benefits $567Total $144,245	$567	$144,245
2007	University of Toronto	Professor, PsychologyUniversity of Toronto	$125,697Benefits $567Total $126,264	$567	$126,264
2006	University of Toronto	Professor of PsychologyUniversity of Toronto	$121,980Benefits $599Total $122,579	$599	$122,579

Take-Home Pay
(After Tax) · 2023 estimate

In 2023, Karen Dion's $120,040 salary works out to roughly $85,585 after income tax, CPP and EI — an all-in deduction rate of about 28.7%. Compared with 2022, when the figure was $200,432, that is a drop of about 40%. Karen Dion has appeared on the list 18 times since 2006. 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: ~$85,585
Effective income-tax rate (excl. CPP/EI): ~24.7%
CPP + EI contributions: ~$4,756
All-in deduction rate (incl. CPP/EI): ~28.7%
vs. 2023 Professor of Psychology median: −39%

Where does $120,040 rank on the Sunshine List? →

Estimate only: 2023 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
2023

Also at University of Toronto, 2023
#	Name	Position	Salary	Total
1	Brian Golden	Professor of Strategic Management	$650,860	$651,118
2	Brian Silverman	Professor of Strategic Management	$611,828	$612,086
3	Alan Aspuru-Guzik	Professor of Chemistry and Computer Science	$562,716	$598,572
4	Meric Gertler	President; Professor of Geography and Planning	$486,192	$590,615
5	Wei-Yi (Scott) Liao	Professor of Accounting	$570,724	$572,939
6	David Goldreich	Professor of Finance	$564,232	$564,538
7	Anita Mcgahan	Professor of Strategic Management	$557,594	$557,702
8	Moon Hung Wong	Professor of Accounting	$530,178	$531,270
9	Alexander Dyck	Professor of Finance	$530,667	$530,925
10	William Strange	Professor of Economic Analysis and Policy	$527,992	$528,207