Robert Mcmillan

University of Toronto/Associate Professor, Department of Economics

2025 Salary

$339,803

Total compensation $339,929, including $126 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

#261

University of Toronto

Years on List

2003–2025

Peak Salary

$339,803

2025

Full 2025 roster at University of Toronto →·See where $339,803 ranks →

Total Compensation History

Total compensation, 2003–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2003–2025

$104,030 in 2003 is worth about $166,165 in 2025 dollars.

Full salary history, by year
Year	Employer	Position	Salary	Benefits	Total
2025	University Of Toronto	Associate Professor, Department of EconomicsUniversity Of Toronto	$339,803	$126	$339,929
2024	University Of Toronto	Associate Professor, Department of EconomicsUniversity Of Toronto	$305,780	$129	$305,909
2023	University Of Toronto	Associate Professor, Department of EconomicsUniversity Of Toronto	$286,655	$129	$286,784
2022	University Of Toronto	Associate Professor, Department of EconomicsUniversity Of Toronto	$223,171	$136	$223,307
2021	University Of Toronto	Associate Professor, Department of EconomicsUniversity Of Toronto	$196,287	$143	$196,430
2020	University Of Toronto	Associate Professor, Department of EconomicsUniversity Of Toronto	$187,290	$151	$187,441
2019	University Of Toronto	Associate Professor of EconomicsUniversity Of Toronto	$195,561	$180	$195,741
2018	University of Toronto	Associate Professor of EconomicsUniversity of Toronto	$189,358	$201	$189,560
2017	University of Toronto	Associate Professor of EconomicsUniversity of Toronto	$183,747	$224	$183,971
2016	University of Toronto	Associate Professor of EconomicsUniversity of Toronto	$171,228	$260	$171,489
2015	University of Toronto	Professor Of EconomicsUniversity of Toronto	$152,542	$283	$152,825
2014	University of Toronto	Professor of EconomicsUniversity of Toronto	$165,237	$306	$165,543
2013	University of Toronto	Professor of EconomicsUniversity of Toronto	$161,189	$306	$161,495
2012	University of Toronto	Professor of EconomicsUniversity of Toronto	$156,259	$306	$156,565
2011	University of Toronto	Professor of EconomicsUniversity of Toronto	$150,057	$306	$150,363
2010	University of Toronto	Professor of EconomicsUniversity of Toronto	$144,043	$295	$144,338
2009	University of Toronto	Professor of EconomicsUniversity of Toronto	$139,400	$283	$139,683
2008	University of Toronto	Professor, EconomicsUniversity of Toronto	$134,477	$283	$134,760
2007	University of Toronto	Professor, EconomicsUniversity of Toronto	$116,246	$282	$116,528
2006	University of Toronto	Professor of EconomicsUniversity of Toronto	$111,602	$293	$111,895
2005	University of Toronto	Professor, EconomicsUniversity of Toronto	$111,872	$297	$112,169
2004	University of Toronto	Professor, EconomicsUniversity of Toronto	$107,131	$299	$107,430
2003	University of Toronto	Professor, EconomicsUniversity of Toronto	$104,030	$289	$104,319

Take-Home Pay
(After Tax) · 2025 estimate

Of the $339,803 Robert Mcmillan earned in 2025, roughly $197,864 would remain after income tax, CPP and EI, an all-in deduction rate of about 41.8%. At University of Toronto, 7,392 people made the 2025 list with a median salary of $147,726; Robert Mcmillan's total compensation of $339,929 ranked #261. Members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less after pension contributions, which this estimate leaves out.

Estimated net pay: ~$197,864
Effective income-tax rate (excl. CPP/EI): ~40.2%
CPP + EI contributions: ~$5,507
All-in deduction rate (incl. CPP/EI): ~41.8%

Where does $339,803 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