Mikhail Simutin
University of Toronto/Associate Professor of Finance
2025 Salary
$593,667Total compensation $603,115, including $9,448 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
#3University of Toronto
Years on List
162010–2025
Peak Salary
$593,6672025
Full 2025 roster at University of Toronto →·See where $593,667 ranks →
Total Compensation History
Full History
2010–2025
$130,000 in 2010 is worth about $183,227 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Associate Professor of FinanceUniversity Of Toronto | $593,667Benefits $9,448Total $603,115 |
| 2024 | Associate Professor of FinanceUniversity Of Toronto | $543,015Benefits $8,720Total $551,736 |
| 2023 | Associate Professor of FinanceUniversity Of Toronto | $505,246Benefits $5,555Total $510,801 |
| 2022 | Associate Professor of FinanceUniversity Of Toronto | $443,058Benefits $5,887Total $448,945 |
| 2021 | Associate Professor of FinanceUniversity Of Toronto | $438,020Benefits $3,741Total $441,761 |
| 2020 | Professor of FinanceUniversity Of Toronto | $429,412Benefits $4,422Total $433,834 |
| 2019 | Professor of FinanceUniversity Of Toronto | $461,627Benefits $1,641Total $463,267 |
| 2018 | Professor of FinanceUniversity of Toronto | $388,663Benefits $1,796Total $390,459 |
| 2017 | Professor of FinanceUniversity of Toronto | $327,969Benefits $1,424Total $329,393 |
| 2016 | Professor of FinanceUniversity of Toronto | $313,198Benefits $260Total $313,458 |
| 2015 | Professor Of FinanceUniversity of Toronto | $251,065Benefits $1,073Total $252,138 |
| 2014 | Professor of FinanceUniversity of Toronto | $248,879Benefits $306Total $249,185 |
| 2013 | Professor of FinanceUniversity of Toronto | $268,555Benefits $306Total $268,861 |
| 2012 | Professor of FinanceUniversity of Toronto | $233,861Benefits $306Total $234,167 |
| 2011 | Professor of FinanceUniversity of Toronto | $215,993Benefits $306Total $216,299 |
| 2010 | Professor of FinanceUniversity of Toronto | $130,000Benefits $153Total $130,153 |
Take-Home Pay
(After Tax) · 2025 estimate
In 2025, Mikhail Simutin's $593,667 salary works out to roughly $315,835 after income tax, CPP and EI — an all-in deduction rate of about 46.8%. It is up about 9% on the $543,015 paid in 2024. Records under this name have appeared on the Sunshine List 16 years in all, first in 2010. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.
- Estimated net pay
- ~$315,835
- Effective income-tax rate (excl. CPP/EI)
- ~45.9%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~46.8%
Where does $593,667 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.