Philip Sochan
Ontario Financing Authority/Legal Counsel
2025 Salary
$147,910Total compensation $148,073, including $163 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
#51Ontario Financing Authority
Years on List
42022–2025
Peak Salary
$147,9102025
Full 2025 roster at Ontario Financing Authority →·See where $147,910 ranks →
Total Compensation History
Full History
2022–2025
$105,409 in 2022 is worth about $114,472 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Legal CounselOntario Financing Authority | $147,910Benefits $163Total $148,073 |
| 2024 | Legal CounselOntario Financing Authority | $117,346Benefits $140Total $117,486 |
| 2023 | Legal Counsel / AvocatOntario Financing Authority / Office ontarien de financement | $114,117Benefits $0Total $114,117 |
| 2022 | Legal CounselOntario Financing Authority | $105,409Benefits $0Total $105,409 |
Take-Home Pay
(After Tax) · 2025 estimate
Take-home on Philip Sochan's 2025 salary of $147,910 comes to roughly $102,686 once federal and Ontario income tax (about 26.9% effective) is deducted. That is about 26% more than the $117,346 paid in 2024. Philip Sochan has appeared on the list 4 times since 2022. Pension contributions — likely PSPP or OPTrust in the Crown Agencies sector — would typically trim another 7–10% off that figure.
- Estimated net pay
- ~$102,686
- Effective income-tax rate (excl. CPP/EI)
- ~26.9%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~30.6%
- vs. 2025 Legal Counsel median
- +4%
Where does $147,910 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.