Nicola Russell
Finance/Senior Economist
2025 Salary
$133,265Total compensation $133,429, including $164 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
#279Finance
Years on List
92017–2025
Peak Salary
$133,2652025
Full 2025 roster at Finance →·See where $133,265 ranks →
Total Compensation History
Full History
2017–2025
$100,263 in 2017 is worth about $126,252 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Senior EconomistFinance | $133,265Benefits $164Total $133,429 |
| 2024 | Senior EconomistFinance | $126,493Benefits $154Total $126,648 |
| 2023 | Senior Economic Analyst / Analyste économique principaleFinance / Finances | $112,593Benefits $145Total $112,739 |
| 2022 | Senior Economic AnalystFinance | $109,961Benefits $143Total $110,103 |
| 2021 | Senior Economic AnalystFinance | $108,762Benefits $142Total $108,904 |
| 2020 | Senior Economic AnalystFinance | $106,627Benefits $139Total $106,766 |
| 2019 | Senior Economic AnalystFinance | $104,542Benefits $139Total $104,682 |
| 2018 | Senior Economic AnalystFinance | $103,346Benefits $156Total $103,502 |
| 2017 | Senior Economic Analyst / Analyste économique principaleFinance / Finances | $100,263Benefits $153Total $100,416 |
Take-Home Pay
(After Tax) · 2025 estimate
Nicola Russell was paid $133,265 in 2025; after income tax, CPP and EI that is roughly $94,398, an effective income-tax rate of about 25.0%. That is about 4% above the 2025 median of $127,798 for Senior Economist on the Sunshine List. Compared with 2024, when the figure was $126,493, that is a rise of about 5%. Most Government of Ontario – Ministries employees belong to PSPP or OPTrust, so actual take-home is likely another 7–10% lower after pension contributions.
- Estimated net pay
- ~$94,398
- Effective income-tax rate (excl. CPP/EI)
- ~25.0%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~29.2%
- vs. 2025 Senior Economist median
- +4%
Where does $133,265 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.