Mahmoud Elfouly
Ontario Power Generation/Senior Manager Strategic Initiatives
2023 Salary — last year on the list
$156,237Total compensation $156,914, including $677 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
#5,022Ontario Power Generation
Years on List
22022–2023
Peak Salary
$156,2372023
Full 2023 roster at Ontario Power Generation →·See where $156,237 ranks →
Total Compensation History
Full History
2022–2023
$103,680 in 2022 is worth about $112,594 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2023 | Senior Manager Strategic InitiativesOntario Power Generation | $156,237Benefits $677Total $156,914 |
| 2022 | Senior Advisor Asset Management and InvestmentOntario Power Generation | $103,680Benefits $438Total $104,119 |
Take-Home Pay
(After Tax) · 2023 estimate
In 2023, Mahmoud Elfouly's $156,237 salary works out to roughly $105,982 after income tax, CPP and EI — an all-in deduction rate of about 32.2%. At Ontario Power Generation, 9,310 people made the 2023 list with a median salary of $155,872; Mahmoud Elfouly's total compensation of $156,914 ranked #5,022. It is up about 51% on the $103,680 paid in 2022. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.
- Estimated net pay
- ~$105,982
- Effective income-tax rate (excl. CPP/EI)
- ~29.1%
- CPP + EI contributions
- ~$4,756
- All-in deduction rate (incl. CPP/EI)
- ~32.2%
- vs. 2023 Senior Manager Strategic Initiatives median
- −13%
Where does $156,237 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.