Opal Kandelas
Ontario Financing Authority/Director, Treasury and Capital Markets Operations
2025 Salary
$233,468Total compensation $233,716, including $248 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
#20Ontario Financing Authority
Years on List
132013–2025
Peak Salary
$233,4682025
Full 2025 roster at Ontario Financing Authority →·See where $233,468 ranks →
Total Compensation History
Full History
2013–2025
$100,929 in 2013 is worth about $134,956 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Director, Treasury and Capital Markets OperationsOntario Financing Authority | $233,468 |
| 2024 | Director, Treasury and Capital Markets OperationsOntario Financing Authority | $185,203 |
| 2023 | Director, Treasury and Capital Markets Operations / Directrice, Trésorerie et marchés financiersOntario Financing Authority / Office ontarien de financement | $174,208 |
| 2022 | Director, Capital Market OperationsOntario Financing Authority | $171,035 |
| 2021 | Director, Capital Market OperationsOntario Financing Authority | $168,247 |
| 2020 | Director, Capital Market OperationsOntario Financing Authority | $162,726 |
| 2019 | Director, Capital Market OperationsOntario Financing Authority | $158,184 |
| 2018 | Director, Capital Market OperationsOntario Financing Authority | $154,416 |
| 2017 | Director, Capital Market Operations / Directrice, opérations sur le marché financierOntario Financing Authority / Office ontarien de financement | $149,546 |
| 2016 | Director, Capital Market Operations / Directrice, opérations sur le marché financierOntario Financing Authority | $139,081 |
| 2015 | Director, Capital Market Operations / Directrice, opérations sur le marché financierOntario Financing Authority | $119,180 |
| 2014 | Director, Capital Market Operations / Directrice, opérations sur le marché financierOntario Financing Authority | $110,808 |
| 2013 | Manager, OperationsOntario Financing Authority | $100,929 |
Take-Home Pay
(After Tax) · 2025 estimate
Opal Kandelas was paid $233,468 in 2025; after income tax, CPP and EI that is roughly $147,673, an effective income-tax rate of about 34.4%. That is about 26% more than the $185,203 paid in 2024. Opal Kandelas has appeared on the list 13 times since 2013. Pension contributions — likely PSPP or OPTrust in the Crown Agencies sector — would typically trim another 7–10% off that figure.
- Estimated net pay
- ~$147,673
- Effective income-tax rate (excl. CPP/EI)
- ~34.4%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~36.7%
Where does $233,468 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.