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Michael A Grundy

Metrolinx/Director, Financial Operations, Payments / Directeur, Opérations financières, Paiements

2025 Salary

$227,775

Total compensation $228,525, including $751 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

#134

Metrolinx

Years on List

4

2022–2025

Peak Salary

$228,700

2024

Full 2025 roster at Metrolinx →·See where $227,775 ranks →

Total Compensation History

Total compensation by yearLine chart of 4 yearly values of total compensation, from $194,108 in 2022 to $228,525 in 2025.$100K$150K$200K$250K2022202320242025
Total compensation, 2022–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2022–2025

$193,852 in 2022 is worth about $210,519 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Director, Financial Operations, Payments / Directeur, Opérations financières, PaiementsMetrolinx$227,775Benefits $751Total $228,525
2024Director, Financial Operations, Payments / Directeur, Opérations financières, PaiementsMetrolinx$228,700Benefits $769Total $229,469
2023Director, Payments, Financial Operations / Directeur, Paiements, Opérations financièresMetrolinx / Metrolinx$210,787Benefits $270Total $211,057
2022Director, Payments, Financial Operations / Directeur, Paiements, Opérations financièresMetrolinx$193,852Benefits $257Total $194,108

Take-Home Pay
(After Tax) · 2025 estimate

Michael A Grundy was paid $227,775 in 2025; after income tax, CPP and EI that is roughly $144,817, an effective income-tax rate of about 34.0%. At Metrolinx, 4,713 people made the 2025 list with a median salary of $127,736; Michael A Grundy's total compensation of $228,525 ranked #134. Michael A Grundy has appeared on the list 4 times since 2022. Most Crown Agencies employees belong to PSPP or OPTrust, so actual take-home is likely another 7–10% lower after pension contributions.

Estimated net pay
~$144,817
Effective income-tax rate (excl. CPP/EI)
~34.0%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~36.4%

Where does $227,775 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 Metrolinx
2025

View all 4,713 employees at Metrolinx (2025) →