Ray Racette
Lake of the Woods District Hospital/President and Chief Executive Officer
2023 Salary — last year on the list
$206,681Total compensation $207,628, including $947 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
2023
Employer Rank
#1Lake of the Woods District Hospital
Years on List
52019–2023
Peak Salary
$214,5632020
Full 2023 roster at Lake of the Woods District Hospital →·See where $206,681 ranks →
Total Compensation History
Full History
2019–2023
$206,611 in 2019 is worth about $249,452 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2023 | President and Chief Executive OfficerLake Of The Woods District Hospital | $206,681Benefits $947Total $207,628 |
| 2022 | President and Chief Executive OfficerLake Of The Woods District Hospital | $206,624Benefits $947Total $207,570 |
| 2021 | President and Chief Executive OfficerLake Of The Woods District Hospital | $206,628Benefits $973Total $207,601 |
| 2020 | President and Chief Executive OfficerLake Of The Woods District Hospital | $214,563Benefits $1,128Total $215,691 |
| 2019 | President and Chief Executive OfficerLake Of The Woods District Hospital | $206,611Benefits $991Total $207,602 |
Take-Home Pay
(After Tax) · 2023 estimate
Take-home on Ray Racette's 2023 salary of $206,681 comes to roughly $132,244 once federal and Ontario income tax (about 33.7% effective) is deducted. That is about the same as the $206,624 paid in 2022. Within Lake of the Woods District Hospital, Ray Racette's total compensation of $207,628 was the #1 of 124, against a median salary of $114,787. Most Hospitals & Boards of Public Health employees belong to HOOPP, so actual take-home is likely another 7–10% lower after pension contributions.
- Estimated net pay
- ~$132,244
- Effective income-tax rate (excl. CPP/EI)
- ~33.7%
- CPP + EI contributions
- ~$4,756
- All-in deduction rate (incl. CPP/EI)
- ~36.0%
- vs. 2023 President and Chief Executive Officer median
- −30%
Where does $206,681 rank on the Sunshine List? →
Estimate only: 2023 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.