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Richard Leary

City of Toronto – Toronto Transit Commission/Chief Executive Officer

2025 Salary

$597,192

Total compensation $598,317, including $1,125 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

#1

City of Toronto – Toronto Transit Commission

Years on List

12

2014–2025

Peak Salary

$670,373

2024

Full 2025 roster at City of Toronto – Toronto Transit Commission →·See where $597,192 ranks →

Total Compensation History

Total compensation by yearLine chart of 12 yearly values of total compensation, from $154,917 in 2014 to $598,317 in 2025.$200K$400K$600K$800K201420162018202120232025
Total compensation, 2014–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2014–2025

$145,633 in 2014 is worth about $190,999 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Chief Executive OfficerCity Of Toronto – Toronto Transit Commission$597,192Benefits $1,125Total $598,317
2024Chief Executive OfficerCity Of Toronto - Toronto Transit Commission$670,373Benefits $24,613Total $694,985
2023Chief Executive OfficerCity Of Toronto - Toronto Transit Commission$562,326Benefits $22,943Total $585,269
2022Chief Executive OfficerCity Of Toronto - Toronto Transit Commission$473,440Benefits $22,699Total $496,139
2021Chief Executive OfficerCity Of Toronto - Toronto Transit Commission$438,496Benefits $16,500Total $454,996
2020Chief Executive OfficerCity Of Toronto – Toronto Transit Commission$361,338Benefits $16,452Total $377,791
2019Chief Executive OfficerCity Of Toronto - Toronto Transit Commission$361,686Benefits $16,429Total $378,115
2018Chief Executive OfficerCity of Toronto - Toronto Transit Commission$337,086Benefits $16,259Total $353,344
2017Chief Service OfficerCity of Toronto - Toronto Transit Commission$283,558Benefits $15,727Total $299,285
2016Chief Service OfficerCity of Toronto - Toronto Transit Commission$290,805Benefits $14,682Total $305,487
2015Chief Service OfficerCity of Toronto - Toronto Transit Commission$233,896Benefits $14,338Total $248,234
2014Chief Service OfficerCity of Toronto - Toronto Transit Commission$145,633Benefits $9,283Total $154,917

Take-Home Pay
(After Tax) · 2025 estimate

In 2025, Richard Leary's $597,192 salary works out to roughly $317,474 after income tax, CPP and EI — an all-in deduction rate of about 46.8%. That is about 11% less than the $670,373 paid in 2024. Richard Leary has appeared on the list 12 times since 2014. Most Municipalities & Services employees belong to OMERS, so actual take-home is likely another 7–10% lower after pension contributions.

Estimated net pay
~$317,474
Effective income-tax rate (excl. CPP/EI)
~45.9%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~46.8%
vs. 2025 Chief Executive Officer median
+225%

Where does $597,192 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 City of Toronto – Toronto Transit Commission
2025

View all 9,614 employees at City of Toronto – Toronto Transit Commission (2025) →