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Michelle Peng

MaRS Discovery District/Director, Capital

2024 Salary — last year on the list

$153,075

Total compensation $157,040, including $3,965 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

#28

MaRS Discovery District

Years on List

3

2022–2024

Peak Salary

$153,075

2024

Full 2024 roster at MaRS Discovery District →·See where $153,075 ranks →

Total Compensation History

Total compensation by yearLine chart of 3 yearly values of total compensation, from $135,819 in 2022 to $157,040 in 2024.$100K$120K$140K$160K202220232024
Total compensation, 2022–2024. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2022–2024

$134,664 in 2022 is worth about $146,243 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2024Director, CapitalMaRS Discovery District$153,075Benefits $3,965Total $157,040
2023Director, CapitalMaRS Discovery District$141,781Benefits $1,237Total $143,018
2022Director, Software EcosystemMaRS Discovery District$134,664Benefits $1,155Total $135,819

Take-Home Pay
(After Tax) · 2024 estimate

Of the $153,075 Michelle Peng earned in 2024, roughly $105,028 would remain after income tax, CPP and EI, an all-in deduction rate of about 31.4%. That is about 8% more than the $141,781 paid in 2023. Michelle Peng has appeared on the list 3 times since 2022. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.

Estimated net pay
~$105,028
Effective income-tax rate (excl. CPP/EI)
~28.1%
CPP + EI contributions
~$5,105
All-in deduction rate (incl. CPP/EI)
~31.4%

Where does $153,075 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.

Also at MaRS Discovery District
2024

View all 81 employees at MaRS Discovery District (2024) →