Nicole Stewart
Finance/Assistant Deputy Minister, Financial Services Policy
2025 Salary
$283,168Total compensation $283,467, including $299 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
#6Finance
Years on List
112015–2025
Peak Salary
$283,1682025
Full 2025 roster at Finance →·See where $283,168 ranks →
Total Compensation History
Full History
2015–2025
$127,298 in 2015 is worth about $165,105 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Assistant Deputy Minister, Financial Services PolicyFinance | $283,168Benefits $299Total $283,467 |
| 2024 | Assistant Deputy Minister, Income Security and Pension PolicyFinance | $223,079Benefits $274Total $223,353 |
| 2023 | Assistant Deputy Minister, Income Security and Pension Policy / Sous-ministre adjointe, Division des politiques en matière de sécurité du revenu et de régimes de retraiteFinance / Finances | $208,506Benefits $262Total $208,769 |
| 2022 | Assistant Deputy Minister, Income Security and Pension PolicyFinance | $226,301Benefits $254Total $226,555 |
| 2021 | Assistant Deputy Minister, Income Security and Pension PolicyFinance | $202,254Benefits $246Total $202,500 |
| 2020 | Assistant Deputy Minister, Income Security and Pension PolicyFinance | $213,386Benefits $237Total $213,623 |
| 2019 | Executive Lead, Cannabis Retail Implementation ProjectFinance | $190,702Benefits $237Total $190,940 |
| 2018 | Executive Lead, Cannabis Retail Implementation ProjectFinance | $178,207Benefits $259Total $178,466 |
| 2017 | Executive Lead, Cannabis Retail Implementation Project / Directrice générale, Projet de mise en œuvre de la vente au détail du cannabisFinance / Finances | $161,497Benefits $247Total $161,744 |
| 2016 | Assistant Deputy Minister Revenue Agencies Oversight / Sous-ministre adjointe, surveillance des organismes générateurs de revenuFinance | $143,050Benefits $215Total $143,265 |
| 2015 | Special Project Director, Beverage Alcohol / Directrice du projet spécial relatif à la vente d'alcoolFinance | $127,298Benefits $217Total $127,515 |
Take-Home Pay
(After Tax) · 2025 estimate
Take-home on Nicole Stewart's 2025 salary of $283,168 comes to roughly $171,546 once federal and Ontario income tax (about 37.5% effective) is deducted. On total compensation of $283,467, Nicole Stewart ranked #6 of 656 disclosed at Finance that year, where the median salary was $128,480. That is about 27% more than the $223,079 paid in 2024. Pension contributions — likely PSPP or OPTrust in the Government of Ontario – Ministries sector — would typically trim another 7–10% off that figure.
- Estimated net pay
- ~$171,546
- Effective income-tax rate (excl. CPP/EI)
- ~37.5%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~39.4%
Where does $283,168 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.