Michael Manning
Ontario Financing Authority/Executive Director and Chief Investment Officer
2024 Salary — last year on the list
$379,471Total compensation $379,927, including $456 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
2024
Employer Rank
#2Ontario Financing Authority
Years on List
291996–2024
Peak Salary
$509,7152022
Full 2024 roster at Ontario Financing Authority →·See where $379,471 ranks →
Total Compensation History
Full History
1996–2024
$109,375 in 1996 is worth about $202,018 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2024 | Executive Director and Chief Investment OfficerOntario Financing Authority | $379,471Benefits $456Total $379,927 |
| 2023 | Executive Director and Chief Investment Officer / Directeur général et agent en chef des placementsOntario Financing Authority / Office ontarien de financement | $502,675Benefits $608Total $503,283 |
| 2022 | Executive Director and Chief Investment OfficerOntario Financing Authority | $509,715Benefits $608Total $510,323 |
| 2021 | Executive Director and Chief Investment OfficerOntario Financing Authority | $500,313Benefits $587Total $500,900 |
| 2020 | Executive Director and Chief Investment OfficerOntario Financing Authority | $475,527Benefits $564Total $476,091 |
| 2019 | Executive Director and Chief Investment OfficerOntario Financing Authority | $459,920Benefits $566Total $460,486 |
| 2018 | Executive Director and Chief Investment OfficerOntario Financing Authority | $448,738Benefits $628Total $449,366 |
| 2017 | Executive Director and Chief Investment Officer / Directeur général et agent en chef des placementsOntario Financing Authority / Office ontarien de financement | $437,773Benefits $602Total $438,375 |
| 2016 | Executive DirectorOntario Financing Authority | $394,522Benefits $522Total $395,044 |
| 2015 | Executive Director / Directeur généralOntario Financing Authority | $375,726Benefits $505Total $376,231 |
| 2014 | Executive Director / Directeur généralOntario Financing Authority | $380,520Benefits $511Total $381,031 |
| 2013 | Executive DirectorOntario Financing Authority | $369,524Benefits $452Total $369,976 |
| 2012 | Executive DirectorOntario Financing Authority | $369,524Benefits $409Total $369,933 |
| 2011 | Executive Director / Directeur généralOntario Financing Authority / Office ontarien de financement | $368,881Benefits $424Total $369,305 |
| 2010 | Executive DirectorOntario Financing Authority | $349,923Benefits $472Total $350,395 |
| 2009 | Executive Director, Capital MarketsOntario Financing Authority | $370,734Benefits $478Total $371,212 |
| 2008 | Executive DirectorOntario Financing Authority | $320,029Benefits $478Total $320,507 |
| 2007 | Executive Director, Capital MarketsOntario Financing Authority | $295,724Benefits $394Total $296,118 |
| 2006 | Executive Director, Capital MarketsOntario Financing Authority | $269,347Benefits $333Total $269,680 |
| 2005 | Exec. Dir., Capital MarketsOntario Financing Authority | $233,206Benefits $288Total $233,494 |
| 2004 | Executive Director, Capital MarketsOntario Financing Authority | $224,798Benefits $299Total $225,097 |
| 2003 | Executive Director, Capital MarketsOntario Financing Authority | $231,602Benefits $338Total $231,940 |
| 2002 | Director, Debt ManagementOntario Financing Authority | $228,812Benefits $369Total $229,181 |
| 2001 | Executive Director, Capital MarketsOntario Financing Authority | $227,786Benefits $421Total $228,207 |
| 2000 | Executive Director Capital MarketsOntario Financing Authority | $224,770Benefits $483Total $225,253 |
| 1999 | Director Risk MgmtOntario Financing Authority | $187,344Benefits $453Total $187,796 |
| 1998 | Director-Risk ManagementOntario Financing Authority | $165,693Benefits $408Total $166,101 |
| 1997 | Dir. -Risk ManagementOntario Financing Authority | $129,613Benefits $350Total $129,963 |
| 1996 | Dir.-Risk Management BranchOntario Financing Authority | $109,375Benefits $318Total $109,693 |
Take-Home Pay
(After Tax) · 2024 estimate
Michael Manning was paid $379,471 in 2024; after income tax, CPP and EI that is roughly $215,320, an effective income-tax rate of about 41.9%. Compared with 2023, when the figure was $502,675, that is a drop of about 25%. Records under this name have appeared on the Sunshine List 29 years in all, first in 1996. Pension contributions — likely PSPP or OPTrust in the Crown Agencies sector — would typically trim another 7–10% off that figure.
- Estimated net pay
- ~$215,320
- Effective income-tax rate (excl. CPP/EI)
- ~41.9%
- CPP + EI contributions
- ~$5,105
- All-in deduction rate (incl. CPP/EI)
- ~43.3%
Where does $379,471 rank on the Sunshine List? →
Estimate only: 2024 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.