Mark Holmes
City of Toronto – Toronto Transit Commission/Operator
2022 Salary — last year on the list
$122,556Total compensation $123,540, including $984 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
2022
Employer Rank
#1,367City of Toronto – Toronto Transit Commission
Years on List
32018–2022
Peak Salary
$122,5562022
Full 2022 roster at City of Toronto – Toronto Transit Commission →·See where $122,556 ranks →
Total Compensation History
Full History
2018–2022
$100,518 in 2018 is worth about $123,726 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2022 | OperatorCity Of Toronto - Toronto Transit Commission | $122,556 |
| 2021 | OperatorCity Of Toronto - Toronto Transit Commission | $113,864 |
| 2018 | OperatorCity of Toronto - Toronto Transit Commission | $100,518 |
Take-Home Pay
(After Tax) · 2022 estimate
Mark Holmes was paid $122,556 in 2022; after income tax, CPP and EI that is roughly $85,931, an effective income-tax rate of about 26.3%. That is about 8% more than the $113,864 paid in 2021. For comparison, the median Operator on the 2022 list was paid $107,778; this salary is about 14% more. Pension contributions — likely OMERS in the Municipalities & Services sector — would typically trim another 7–10% off that figure.
- Estimated net pay
- ~$85,931
- Effective income-tax rate (excl. CPP/EI)
- ~26.3%
- CPP + EI contributions
- ~$4,453
- All-in deduction rate (incl. CPP/EI)
- ~29.9%
- vs. 2022 Operator median
- +14%
Where does $122,556 rank on the Sunshine List? →
Estimate only: 2022 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.