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

2000–2025

Peak Salary

$438,250

2022

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

Total Compensation History

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

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