Skip to content

Richard Lipman

Wood Manufacturing Council (Wmc Cfb)/President

2022 Salary — last year on the list

$124,848

Total compensation $124,848, including $0 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
2022

Employer Rank

#1

Wood Manufacturing Council (Wmc Cfb)

Years on List

2

2021–2022

Peak Salary

$124,848

2022

Full 2022 roster at Wood Manufacturing Council (Wmc Cfb) →·See where $124,848 ranks →

Total Compensation History

Total compensation by yearLine chart of 2 yearly values of total compensation, from $124,847 in 2021 to $124,848 in 2022.$100K$105K$110K$115K$120K$125K20212022
Total compensation, 2021–2022. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2021–2022

$124,847 in 2021 is worth about $144,773 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2022PresidentWood Manufacturing Council (Wmc Cfb)$124,848Benefits $0Total $124,848
2021PresidentWood Manufacturing Council (Wmc Cfb)$124,847Benefits $0Total $124,847

Take-Home Pay
(After Tax) · 2022 estimate

Take-home on Richard Lipman's 2022 salary of $124,848 comes to roughly $87,228 once federal and Ontario income tax (about 26.6% effective) is deducted. That is about 53% below the 2022 median of $268,295 for President on the Sunshine List. Within Wood Manufacturing Council (Wmc Cfb), Richard Lipman's total compensation of $124,848 was the #1 of 1 on the 2022 list. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.

Estimated net pay
~$87,228
Effective income-tax rate (excl. CPP/EI)
~26.6%
CPP + EI contributions
~$4,453
All-in deduction rate (incl. CPP/EI)
~30.1%
vs. 2022 President median
−53%

Where does $124,848 rank on the Sunshine List? →

Estimate only: 2022 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.