Paul Reid
Financial Services Regulatory Authority of Ontario/Chief Financial Officer / Directeur général des finances
2024 Salary — last year on the list
$252,814Total compensation $253,687, including $872 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
#16Financial Services Regulatory Authority of Ontario
Years on List
22023–2024
Peak Salary
$252,8142024
Full 2024 roster at Financial Services Regulatory Authority of Ontario →·See where $252,814 ranks →
Total Compensation History
Full History
2023–2024
$239,989 in 2023 is worth about $250,836 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2024 | Chief Financial Officer / Directeur général des financesFinancial Services Regulatory Authority of Ontario | $252,814Benefits $872Total $253,687 |
| 2023 | Chief Financial Officer / Directeur général des financesFinancial Services Regulatory Authority of Ontario / Office Ontarien De Réglementation Des Services Financiers | $239,989Benefits $872Total $240,862 |
Take-Home Pay
(After Tax) · 2024 estimate
Paul Reid was paid $252,814 in 2024; after income tax, CPP and EI that is roughly $156,461, an effective income-tax rate of about 36.1%. That is about 5% more than the $239,989 paid in 2023. Paul Reid has appeared on the list twice since 2023. Most Crown Agencies employees belong to PSPP or OPTrust, so actual take-home is likely another 7–10% lower after pension contributions.
- Estimated net pay
- ~$156,461
- Effective income-tax rate (excl. CPP/EI)
- ~36.1%
- CPP + EI contributions
- ~$5,105
- All-in deduction rate (incl. CPP/EI)
- ~38.1%
- vs. 2024 Chief Financial Officer median
- +54%
Where does $252,814 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.