Rakhi Lad
Economic Development, Job Creation and Trade/Assistant Deputy Minister, Red Tape Reduction
2022 Salary — last year on the list
$181,366Total compensation $181,595, including $229 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
2022
Employer Rank
#12Economic Development, Job Creation and Trade
Years on List
42019–2022
Peak Salary
$181,3662022
Full 2022 roster at Economic Development, Job Creation and Trade →·See where $181,366 ranks →
Total Compensation History
Full History
2019–2022
$157,417 in 2019 is worth about $190,058 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2022 | Assistant Deputy Minister, Red Tape ReductionEconomic Development, Job Creation and Trade | $181,366Benefits $229Total $181,595 |
| 2021 | Director, Strategic Industry IntelligenceEconomic Development, Job Creation and Trade | $175,691Benefits $213Total $175,904 |
| 2020 | Director, Trade and Investment StrategyEconomic Development, Job Creation and Trade | $168,957Benefits $203Total $169,161 |
| 2019 | Director, Trade and Investment StrategyEconomic Development, Job Creation and Trade | $157,417Benefits $204Total $157,620 |
Take-Home Pay
(After Tax) · 2022 estimate
Of the $181,366 Rakhi Lad earned in 2022, roughly $117,875 would remain after income tax, CPP and EI, an all-in deduction rate of about 35.0%. It is up about 3% on the $175,691 paid in 2021. Records under this name have appeared on the Sunshine List 4 years in all, first in 2019. 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
- ~$117,875
- Effective income-tax rate (excl. CPP/EI)
- ~32.6%
- CPP + EI contributions
- ~$4,453
- All-in deduction rate (incl. CPP/EI)
- ~35.0%
Where does $181,366 rank on the Sunshine List? →
Estimate only: 2022 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.