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Raymond Kan

University of Toronto/Professor of Finance

2025 Salary

$113,292

Total compensation $113,334, including $43 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

#5,887

University of Toronto

Years on List

26

2000–2025

Peak Salary

$438,250

2022

Full 2025 roster at University of Toronto →·See where $113,292 ranks →

Total Compensation History

Total compensation by yearLine chart of 26 yearly values of total compensation, from $154,148 in 2000 to $113,334 in 2025.$100K$200K$300K$400K$500K200020052011201420202025
Total compensation, 2000–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2000–2025

$150,332 in 2000 is worth about $258,747 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Professor of FinanceUniversity Of Toronto$113,292Benefits $43Total $113,334
2024Professor of FinanceUniversity Of Toronto$370,718Benefits $86Total $370,804
2023Professor of FinanceUniversity Of Toronto$434,003Benefits $86Total $434,089
2022Professor of FinanceUniversity Of Toronto$438,250Benefits $115Total $438,364
2021Professor of FinanceUniversity Of Toronto$385,664Benefits $143Total $385,807
2020Professor of FinanceUniversity Of Toronto$401,589Benefits $151Total $401,740
2019Professor of FinanceUniversity Of Toronto$401,537Benefits $180Total $401,718
2018Professor of FinanceUniversity of Toronto$369,079Benefits $201Total $369,280
2017Professor of FinanceUniversity of Toronto$311,054Benefits $224Total $311,277
2016Professor of FinanceUniversity of Toronto$298,767Benefits $260Total $299,028
2015Professor Of FinanceUniversity of Toronto$266,777Benefits $283Total $267,060
2014Professor of FinanceUniversity of Toronto$277,101Benefits $306Total $277,407
2013Professor of FinanceUniversity of Toronto$284,922Benefits $306Total $285,228
2012Professor of FinanceUniversity of Toronto$280,355Benefits $306Total $280,661
2011Professor of FinanceUniversity of Toronto$270,808Benefits $306Total $271,114
2010Professor of FinanceUniversity of Toronto$260,964Benefits $878Total $261,842
2009Professor of FinanceUniversity of Toronto$245,646Benefits $1,533Total $247,180
2008Professor, FinanceUniversity of Toronto$230,747Benefits $3,283Total $234,031
2007Professor, FinanceUniversity of Toronto$232,996Benefits $3,283Total $236,279
2006Professor of FinanceUniversity of Toronto$237,371Benefits $3,299Total $240,670
2005Professor, FinanceUniversity of Toronto$225,541Benefits $3,332Total $228,873
2004Professor, FinanceUniversity of Toronto$223,017Benefits $3,099Total $226,116
2003Professor, FinanceUniversity of Toronto$237,650Benefits $3,598Total $241,247
2002Professor of FinanceUniversity of Toronto$163,219Benefits $3,098Total $166,316
2001Professor of FinanceUniversity of Toronto$147,313Benefits $5,848Total $153,160
2000Professor of FinanceUniversity of Toronto$150,332Benefits $3,816Total $154,148

Take-Home Pay
(After Tax) · 2025 estimate

Raymond Kan was paid $113,292 in 2025; after income tax, CPP and EI that is roughly $82,957, an effective income-tax rate of about 21.9%. For comparison, the median Professor of Finance on the 2025 list was paid $505,022; this salary is about 78% less. Records under this name have appeared on the Sunshine List 26 years in all, first in 2000. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.

Estimated net pay
~$82,957
Effective income-tax rate (excl. CPP/EI)
~21.9%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~26.8%
vs. 2025 Professor of Finance median
−78%

Where does $113,292 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

View all 7,392 employees at University of Toronto (2025) →