Michael Barnes
City of Toronto – Toronto Transit Commission/Operator
2025 Salary
$106,455Total compensation $107,500, including $1,044 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
#7,346City of Toronto – Toronto Transit Commission
Years on List
52021–2025
Peak Salary
$123,1622022
Full 2025 roster at City of Toronto – Toronto Transit Commission →·See where $106,455 ranks →
Total Compensation History
Full History
2021–2025
$111,840 in 2021 is worth about $129,691 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | OperatorCity Of Toronto – Toronto Transit Commission | $106,455 |
| 2024 | OperatorCity Of Toronto - Toronto Transit Commission | $109,015 |
| 2023 | —City Of Toronto - Toronto Transit Commission | $104,558 |
| 2022 | OperatorCity Of Toronto - Toronto Transit Commission | $123,162 |
| 2021 | OperatorCity Of Toronto - Toronto Transit Commission | $111,840 |
Take-Home Pay
(After Tax) · 2025 estimate
Michael Barnes was paid $106,455 in 2025; after income tax, CPP and EI that is roughly $78,446, an effective income-tax rate of about 21.1%. At City of Toronto – Toronto Transit Commission, 9,614 people made the 2025 list with a median salary of $114,939; Michael Barnes's total compensation of $107,500 ranked #7,346. Michael Barnes has appeared on the list 5 times since 2021. After pension contributions (probably OMERS in this sector), take-home is usually a further 7–10% lower.
- Estimated net pay
- ~$78,446
- Effective income-tax rate (excl. CPP/EI)
- ~21.1%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~26.3%
- vs. 2025 Operator median
- −3%
Where does $106,455 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.