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Ricky Mak

Ontario Power Generation/Senior Manager Treasury

2025 Salary

$202,077

Total compensation $203,022, including $945 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

#2,050

Ontario Power Generation

Years on List

9

2017–2025

Peak Salary

$202,077

2025

Full 2025 roster at Ontario Power Generation →·See where $202,077 ranks →

Total Compensation History

Total compensation by yearLine chart of 9 yearly values of total compensation, from $118,414 in 2017 to $203,022 in 2025.$100K$125K$150K$175K$200K$225K201720192020202220232025
Total compensation, 2017–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2017–2025

$117,788 in 2017 is worth about $148,319 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Senior Manager TreasuryOntario Power Generation$202,077Benefits $945Total $203,022
2024Senior Manager TreasuryOntario Power Generation$188,972Benefits $905Total $189,877
2023Senior Manager TreasuryOntario Power Generation$174,714Benefits $846Total $175,560
2022Senior Manager TreasuryOntario Power Generation$169,281Benefits $807Total $170,088
2021Senior Manager TreasuryOntario Power Generation$166,363Benefits $781Total $167,144
2020Senior Manager TreasuryOntario Power Generation$159,243Benefits $764Total $160,007
2019Senior Manager TreasuryOntario Power Generation$147,704Benefits $724Total $148,428
2018Senior Manager TreasuryOntario Power Generation$146,661Benefits $705Total $147,365
2017Manager External Reporting and Accounting PolicyOntario Power Generation$117,788Benefits $626Total $118,414

Take-Home Pay
(After Tax) · 2025 estimate

In 2025, Ricky Mak's $202,077 salary works out to roughly $131,629 after income tax, CPP and EI — an all-in deduction rate of about 34.9%. It is up about 7% on the $188,972 paid in 2024. Records under this name have appeared on the Sunshine List 9 years in all, first in 2017. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.

Estimated net pay
~$131,629
Effective income-tax rate (excl. CPP/EI)
~32.1%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~34.9%

Where does $202,077 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 Ontario Power Generation
2025

View all 10,346 employees at Ontario Power Generation (2025) →