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Lucinda Wallace

Waterloo Region Economic Development Corporation/Senior Vice President

2025 Salary

$265,561

Total compensation $281,595, including $16,033 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

#2

Waterloo Region Economic Development Corporation

Years on List

4

2018–2025

Peak Salary

$265,561

2025

Full 2025 roster at Waterloo Region Economic Development Corporation →·See where $265,561 ranks →

Total Compensation History

Total compensation by yearLine chart of 4 yearly values of total compensation, from $149,158 in 2018 to $281,595 in 2025. No data from 2019 to 2020. No data from 2023 to 2024.$100K$150K$200K$250K$300K201820222025
Total compensation, 2018–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2018–2025

$141,824 in 2018 is worth about $174,569 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Senior Vice PresidentWaterloo Region Economic Development Corporation$265,561Benefits $16,033Total $281,595
2022Vice President Marketing and Corporate DevelopmentWaterloo Region Economic Development Corporation$204,983Benefits $12,244Total $217,227
2021Vice President Marketing and Corporate StrategyWaterloo Region Economic Development Corporation$193,406Benefits $11,534Total $204,940
2018Senior Director, Marketing and StrategyWaterloo Region Economic Development Corporation$141,824Benefits $7,333Total $149,158

Take-Home Pay
(After Tax) · 2025 estimate

Lucinda Wallace was paid $265,561 in 2025; after income tax, CPP and EI that is roughly $163,363, an effective income-tax rate of about 36.4%. Among those listed as Senior Vice President in 2025, the median was $288,457; this salary sits about 8% below it. It is up about 30% on the $204,983 paid 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
~$163,363
Effective income-tax rate (excl. CPP/EI)
~36.4%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~38.5%
vs. 2025 Senior Vice President median
−8%

Where does $265,561 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 Waterloo Region Economic Development Corporation
2025