Michael Tremblay
Invest Ottawa (2013)/President and Chief Executive Officer
2023 Salary — last year on the list
$370,020Total compensation $385,886, including $15,866 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
#1Invest Ottawa (2013)
Years on List
62018–2023
Peak Salary
$370,0202023
Full 2023 roster at Invest Ottawa (2013) →·See where $370,020 ranks →
Total Compensation History
Full History
2018–2023
$309,501 in 2018 is worth about $380,959 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2023 | President and Chief Executive OfficerInvest Ottawa (2013) | $370,020Benefits $15,866Total $385,886 |
| 2022 | President and Chief Executive OfficerInvest Ottawa (2013) | $336,617Benefits $14,308Total $350,925 |
| 2021 | President Chief Executive OfficerInvest Ottawa (2013) | $328,707Benefits $13,948Total $342,655 |
| 2020 | President and Chief Executive OfficerInvest Ottawa (2013) | $323,190Benefits $13,719Total $336,909 |
| 2019 | Chief Operating OfficerInvest Ottawa (2013) | $324,600Benefits $830Total $325,430 |
| 2018 | President and Chief Executive OfficerInvest Ottawa (2013) | $309,501Benefits $802Total $310,303 |
Take-Home Pay
(After Tax) · 2023 estimate
Take-home on Michael Tremblay's 2023 salary of $370,020 comes to roughly $209,458 once federal and Ontario income tax (about 42.1% effective) is deducted. Among those listed as President and Chief Executive Officer in 2023, the median was $295,138; this salary sits about 25% above it. Michael Tremblay has appeared on the list 6 times since 2018. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.
- Estimated net pay
- ~$209,458
- Effective income-tax rate (excl. CPP/EI)
- ~42.1%
- CPP + EI contributions
- ~$4,756
- All-in deduction rate (incl. CPP/EI)
- ~43.4%
- vs. 2023 President and Chief Executive Officer median
- +25%
Where does $370,020 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.