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Lubna Ladak

Ontario Power Generation/Vice President Business Planning and Reporting

2023 Salary — last year on the list

$269,902

Total compensation $270,323, including $422 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

#348

Ontario Power Generation

Years on List

23

2000–2023

Peak Salary

$312,370

2021

Full 2023 roster at Ontario Power Generation →·See where $269,902 ranks →

Total Compensation History

Total compensation by yearLine chart of 23 yearly values of total compensation, from $130,805 in 2000 to $270,323 in 2023. No data for 2003.$100K$150K$200K$250K$300K$350K200020052010201320182023
Total compensation, 2000–2023. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2000–2023

$130,546 in 2000 is worth about $224,692 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2023Vice President Business Planning and ReportingOntario Power Generation$269,902Benefits $422Total $270,323
2022Vice President Business Planning and ReportingOntario Power Generation$304,184Benefits $588Total $304,771
2021Vice President Corporate Business Development and StrategyOntario Power Generation$312,370Benefits $588Total $312,957
2020Vice President Corp Business Development and StrategyOntario Power Generation$285,646Benefits $588Total $286,234
2019Vice President Corp Business Development and StrategyOntario Power Generation$291,077Benefits $588Total $291,664
2018Vice President Fair Hydro PlanOntario Power Generation$290,359Benefits $584Total $290,943
2017Vice President Fair Hydro PlanOntario Power Generation$267,092Benefits $561Total $267,653
2016Vice President Finance, Renewable Generation and Power MarketingOntario Power Generation$254,802Benefits $530Total $255,332
2015Vice President Hydro Thermal Operations FinanceOntario Power Generation$244,455Benefits $522Total $244,977
2014Director ControllershipOntario Power Generation$203,001Benefits $481Total $203,482
2013Director ControllershipOntario Power Generation$217,306Benefits $481Total $217,787
2012Director ControllershipOntario Power Generation$215,404Benefits $481Total $215,885
2011Director of FinanceOntario Power Generation$211,420Benefits $481Total $211,901
2010Director of FinanceOntario Power Generation$196,476Benefits $441Total $196,917
2009Director, Regulatory FinanceOntario Power Generation$200,083Benefits $432Total $200,515
2008Director, Regulatory FinanceOntario Power Generation$184,232Benefits $415Total $184,647
2007ManagerOntario Power Generation$166,155Benefits $332Total $166,486
2006ManagerOntario Power Generation$162,776Benefits $352Total $163,129
2005ManagerOntario Power Generation$145,254Benefits $369Total $145,623
2004ManagerOntario Power Generation$136,359Benefits $341Total $136,700
2002Controller, Electricity ProductionOntario Power Generation$127,162Benefits $340Total $127,502
2001Controller, Electricity ProductionOntario Power Generation$130,542Benefits $524Total $131,066
2000Controller, Electricity ProductionOntario Power Generation$130,546Benefits $259Total $130,805

Take-Home Pay
(After Tax) · 2023 estimate

Lubna Ladak was paid $269,902 in 2023; after income tax, CPP and EI that is roughly $162,933, an effective income-tax rate of about 37.9%. It is down about 11% from the $304,184 paid in 2022. Records under this name have appeared on the Sunshine List 23 years in all, first in 2000. 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
~$162,933
Effective income-tax rate (excl. CPP/EI)
~37.9%
CPP + EI contributions
~$4,756
All-in deduction rate (incl. CPP/EI)
~39.6%

Where does $269,902 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 Ontario Power Generation
2023

View all 9,310 employees at Ontario Power Generation (2023) →