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Michael Fedchyshyn

Invest Ontario/Vice President, Strategies and Business Solutions/Vice-président des stratégies et des solutions technologiques

2023 Salary — last year on the list

$269,770

Total compensation $270,584, including $814 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

#2

Invest Ontario

Years on List

2

2022–2023

Peak Salary

$269,770

2023

Full 2023 roster at Invest Ontario →·See where $269,770 ranks →

Total Compensation History

Total compensation by yearLine chart of 2 yearly values of total compensation, from $124,047 in 2022 to $270,584 in 2023.$100K$150K$200K$250K$300K20222023
Total compensation, 2022–2023. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2022–2023

$123,572 in 2022 is worth about $134,196 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2023Vice President, Strategies and Business Solutions/Vice-président des stratégies et des solutions technologiquesInvest Ontario / Investissements Ontario$269,770
2022Vice President, Strategies and Business Solutions/Vice-président des stratégies et des solutions technologiquesInvest Ontario$123,572

Take-Home Pay
(After Tax) · 2023 estimate

In 2023, Michael Fedchyshyn's $269,770 salary works out to roughly $162,871 after income tax, CPP and EI — an all-in deduction rate of about 39.6%. It is up about 118% on the $123,572 paid in 2022. On total compensation of $270,584, Michael Fedchyshyn ranked #2 of 17 disclosed at Invest Ontario that year, where the median salary was $160,096. 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
~$162,871
Effective income-tax rate (excl. CPP/EI)
~37.9%
CPP + EI contributions
~$4,756
All-in deduction rate (incl. CPP/EI)
~39.6%

Where does $269,770 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.

Also at Invest Ontario
2023

View all 17 employees at Invest Ontario (2023) →