Michael Loresco
Lake of the Woods District Hospital/Registered Nurse
2025 Salary
$138,118Total compensation $138,661, including $543 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
#26Lake of the Woods District Hospital
Years on List
42022–2025
Peak Salary
$149,5922023
Full 2025 roster at Lake of the Woods District Hospital →·See where $138,118 ranks →
Total Compensation History
Full History
2022–2025
$107,838 in 2022 is worth about $117,110 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Registered NurseLake Of The Woods District Hospital | $138,118Benefits $543Total $138,661 |
| 2024 | Registered NurseLake Of The Woods District Hospital | $127,640Benefits $534Total $128,174 |
| 2023 | Registered NurseLake Of The Woods District Hospital | $149,592Benefits $493Total $150,085 |
| 2022 | Registered NurseLake Of The Woods District Hospital | $107,838Benefits $419Total $108,257 |
Take-Home Pay
(After Tax) · 2025 estimate
Take-home on Michael Loresco's 2025 salary of $138,118 comes to roughly $97,145 once federal and Ontario income tax (about 25.7% effective) is deducted. It is up about 8% on the $127,640 paid in 2024. On total compensation of $138,661, Michael Loresco ranked #26 of 130 disclosed at Lake of the Woods District Hospital that year, where the median salary was $118,761. After pension contributions (probably HOOPP in this sector), take-home is usually a further 7–10% lower.
- Estimated net pay
- ~$97,145
- Effective income-tax rate (excl. CPP/EI)
- ~25.7%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~29.7%
- vs. 2025 Registered Nurse median
- +17%
Where does $138,118 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.