Ramy Elitzur

University of Toronto/Professor of Accounting

2025 Salary

$342,538

Total compensation $342,664, including $126 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

#247

University of Toronto

Years on List

1998–2025

Peak Salary

$342,538

2025

Full 2025 roster at University of Toronto →·See where $342,538 ranks →

Total Compensation History

Total compensation, 1998–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
1998–2025

$117,362 in 1998 is worth about $211,071 in 2025 dollars.

Full salary history, by year
Year	Employer	Position	Salary	Benefits	Total
2025	University Of Toronto	Professor of AccountingUniversity Of Toronto	$342,538Benefits $126Total $342,664	$126	$342,664
2024	University Of Toronto	Professor of AccountingUniversity Of Toronto	$323,153Benefits $129Total $323,281	$129	$323,281
2023	University Of Toronto	Professor of AccountingUniversity Of Toronto	$330,307Benefits $218Total $330,525	$218	$330,525
2022	University Of Toronto	Professor of AccountingUniversity Of Toronto	$304,087Benefits $323Total $304,410	$323	$304,410
2021	University Of Toronto	Associate Professor of AccountingUniversity Of Toronto	$291,444Benefits $340Total $291,784	$340	$291,784
2020	University Of Toronto	Professor of AccountingUniversity Of Toronto	$286,691Benefits $359Total $287,050	$359	$287,050
2019	University Of Toronto	Professor of AccountingUniversity Of Toronto	$282,101Benefits $428Total $282,529	$428	$282,529
2018	University of Toronto	Professor of AccountingUniversity of Toronto	$267,455Benefits $479Total $267,934	$479	$267,934
2017	University of Toronto	Professor of AccountingUniversity of Toronto	$254,512Benefits $1,560Total $256,072	$1,560	$256,072
2016	University of Toronto	Professor of AccountingUniversity of Toronto	$298,489Benefits $2,117Total $300,606	$2,117	$300,606
2015	University of Toronto	Professor Of AccountingUniversity of Toronto	$295,096Benefits $2,172Total $297,268	$2,172	$297,268
2014	University of Toronto	Professor of AccountingUniversity of Toronto	$298,818Benefits $2,226Total $301,044	$2,226	$301,044
2013	University of Toronto	Professor of AccountingUniversity of Toronto	$263,772Benefits $2,226Total $265,998	$2,226	$265,998
2012	University of Toronto	Professor of AccountingUniversity of Toronto	$283,121Benefits $2,226Total $285,347	$2,226	$285,347
2011	University of Toronto	Professor of AccountingUniversity of Toronto	$277,469Benefits $2,226Total $279,694	$2,226	$279,694
2010	University of Toronto	Professor of AccountingUniversity of Toronto	$272,034Benefits $2,199Total $274,233	$2,199	$274,233
2009	University of Toronto	Professor of AccountingUniversity of Toronto	$256,594Benefits $2,547Total $259,142	$2,547	$259,142
2008	University of Toronto	Professor, AccountingUniversity of Toronto	$245,720Benefits $5,922Total $251,642	$5,922	$251,642
2007	University of Toronto	Professor, AccountingUniversity of Toronto	$233,503Benefits $8,172Total $241,676	$8,172	$241,676
2006	University of Toronto	Professor of AccountingUniversity of Toronto	$227,011Benefits $6,710Total $233,721	$6,710	$233,721
2005	University of Toronto	Professor, AccountingUniversity of Toronto	$254,606Benefits $5,289Total $259,895	$5,289	$259,895
2004	University of Toronto	Professor, AccountingUniversity of Toronto	$212,182Benefits $4,894Total $217,076	$4,894	$217,076
2003	University of Toronto	Professor, AccountingUniversity of Toronto	$278,775Benefits $5,583Total $284,358	$5,583	$284,358
2002	University of Toronto	Prof. Accounting & Acting Acad Dir, EMBAUniversity of Toronto	$192,125Benefits $3,000Total $195,125	$3,000	$195,125
2001	University of Toronto	Prof Accounting & Exec Dir, MBA ProgramsUniversity of Toronto	$182,000Benefits $708Total $182,708	$708	$182,708
2000	University of Toronto	Prof Accounting & Exec Dir MBA PrgmsUniversity of Toronto	$154,375Benefits $708Total $155,083	$708	$155,083
1999	University of Toronto	Prof, of Accounting & Exec Dir, MBA PrgUniversity of Toronto	$108,981Benefits $608Total $109,589	$608	$109,589
1998	University of Toronto	Professor of ManagementUniversity of Toronto	$117,362Benefits $605Total $117,967	$605	$117,967

Take-Home Pay
(After Tax) · 2025 estimate

Of the $342,538 Ramy Elitzur earned in 2025, roughly $199,135 would remain after income tax, CPP and EI, an all-in deduction rate of about 41.9%. It is up about 6% on the $323,153 paid in 2024. For comparison, the median Professor of Accounting on the 2025 list was paid $430,886; this salary is about 21% less. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.

Estimated net pay: ~$199,135
Effective income-tax rate (excl. CPP/EI): ~40.3%
CPP + EI contributions: ~$5,507
All-in deduction rate (incl. CPP/EI): ~41.9%
vs. 2025 Professor of Accounting median: −21%

Where does $342,538 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.

Also at University of Toronto
2025

Also at University of Toronto, 2025
#	Name	Position	Salary	Total
1	Alan Aspuru-Guzik	Professor of Chemistry and Computer Science	$649,993	$684,041
2	Brian Golden	Professor of Strategic Management	$616,607	$616,858
3	Mikhail Simutin	Associate Professor of Finance	$593,667	$603,115
4	David Goldreich	Professor of Finance	$601,972	$602,270
5	Theodore Brown	Professor, Obstetrics and Gynaecology	$598,159	$598,224
6	William Strange	Professor of Economic Analysis and Policy	$596,033	$596,242
7	Meric Gertler	Professor of Geography and Planning	$555,450	$588,914
8	Wei-Yi (Scott) Liao	Professor of Accounting	$573,981	$576,190
9	Dilip Soman	Professor of Marketing	$575,404	$575,529
10	Partha Sarat Mohanram	Professor of Accounting	$573,196	$573,321