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Marlo Spence Lair

Finance/Director, Capital Markets and Agency Relations

2025 Salary

$211,594

Total compensation $211,800, including $206 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

#31

Finance

Years on List

7

2019–2025

Peak Salary

$211,594

2025

Full 2025 roster at Finance →·See where $211,594 ranks →

Total Compensation History

Total compensation by yearLine chart of 7 yearly values of total compensation, from $106,672 in 2019 to $211,800 in 2025.$100K$125K$150K$175K$200K$225K201920202021202320242025
Total compensation, 2019–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2019–2025

$106,531 in 2019 is worth about $128,620 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Director, Capital Markets and Agency RelationsFinance$211,594Benefits $206Total $211,800
2024Director, Capital Markets and Agency RelationsFinance$143,856Benefits $179Total $144,036
2023Director, Financial Institutions Policy / Directrice, Direction des politiques relatives aux institutions financièresFinance / Finances$122,201Benefits $156Total $122,357
2022Senior Manager, Agency Relations and Regulatory PolicyFinance$128,561Benefits $160Total $128,721
2021Senior Manager, Agency Relations and Regulatory PolicyFinance$116,677Benefits $143Total $116,819
2020Senior Manager, Agency Relations and Regulatory PolicyFinance$109,678Benefits $138Total $109,816
2019Senior Manager, Financial Services Regulation PolicyFinance$106,531Benefits $141Total $106,672

Take-Home Pay
(After Tax) · 2025 estimate

Take-home on Marlo Spence Lair's 2025 salary of $211,594 comes to roughly $136,553 once federal and Ontario income tax (about 32.9% effective) is deducted. Compared with 2024, when the figure was $143,856, that is a rise of about 47%. Records under this name have appeared on the Sunshine List 7 years in all, first in 2019. Pension contributions — likely PSPP or OPTrust in the Government of Ontario – Ministries sector — would typically trim another 7–10% off that figure.

Estimated net pay
~$136,553
Effective income-tax rate (excl. CPP/EI)
~32.9%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~35.5%

Where does $211,594 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 Finance
2025

View all 656 employees at Finance (2025) →