Michael Frank Spagnolo
Financial Services Regulatory Authority of Ontario/Senior Legal Counsel / Avocat principal
2025 Salary
$237,113Total compensation $237,823, including $710 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
#32Financial Services Regulatory Authority of Ontario
Years on List
62020–2025
Peak Salary
$237,1132025
Full 2025 roster at Financial Services Regulatory Authority of Ontario →·See where $237,113 ranks →
Total Compensation History
Full History
2020–2025
$140,165 in 2020 is worth about $167,994 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Senior Legal Counsel / Avocat principalFinancial Services Regulatory Authority of Ontario | $237,113Benefits $710Total $237,823 |
| 2024 | Senior Legal Counsel / Avocat principalFinancial Services Regulatory Authority of Ontario | $184,365Benefits $674Total $185,039 |
| 2023 | Legal Counsel / AvocateFinancial Services Regulatory Authority of Ontario / Office Ontarien De Réglementation Des Services Financiers | $173,357Benefits $634Total $173,990 |
| 2022 | Legal Counsel / AvocatFinancial Services Regulatory Authority of Ontario | $156,297Benefits $575Total $156,872 |
| 2021 | Legal Counsel / AvocatFinancial Services Regulatory Authority of Ontario | $144,662Benefits $526Total $145,188 |
| 2020 | Legal Counsel / AvocatFinancial Services Regulatory Authority of Ontario | $140,165Benefits $518Total $140,684 |
Take-Home Pay
(After Tax) · 2025 estimate
Of the $237,113 Michael Frank Spagnolo earned in 2025, roughly $149,501 would remain after income tax, CPP and EI, an all-in deduction rate of about 36.9%. That is about 26% above the 2025 median of $188,510 for Senior Legal Counsel on the Sunshine List. Compared with 2024, when the figure was $184,365, that is a rise of about 29%. After pension contributions (probably PSPP or OPTrust in this sector), take-home is usually a further 7–10% lower.
- Estimated net pay
- ~$149,501
- Effective income-tax rate (excl. CPP/EI)
- ~34.6%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~36.9%
- vs. 2025 Senior Legal Counsel median
- +26%
Where does $237,113 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.