Karen Ugarte
University of Toronto/Assistant Professor of Economics
2025 Salary
$139,512Total compensation $139,687, including $175 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
#4,092University of Toronto
Years on List
42022–2025
Peak Salary
$139,5122025
Full 2025 roster at University of Toronto →·See where $139,512 ranks →
Total Compensation History
Full History
2022–2025
$107,130 in 2022 is worth about $116,341 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Assistant Professor of EconomicsUniversity Of Toronto | $139,512Benefits $175Total $139,687 |
| 2024 | Assistant Professor of EconomicsUniversity Of Toronto | $121,072Benefits $167Total $121,239 |
| 2023 | Assistant Professor of EconomicsUniversity Of Toronto | $121,785Benefits $167Total $121,953 |
| 2022 | Assistant Professor of EconomicsUniversity Of Toronto | $107,130Benefits $155Total $107,286 |
Take-Home Pay
(After Tax) · 2025 estimate
Take-home on Karen Ugarte's 2025 salary of $139,512 comes to roughly $97,934 once federal and Ontario income tax (about 25.9% effective) is deducted. Compared with 2024, when the figure was $121,072, that is a rise of about 15%. Records under this name have appeared on the Sunshine List 4 years in all, first in 2022. 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
- ~$97,934
- Effective income-tax rate (excl. CPP/EI)
- ~25.9%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~29.8%
- vs. 2025 Assistant Professor of Economics median
- −43%
Where does $139,512 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.