Ronald Kwan
Ontario Financing Authority/Assistant Deputy Minister, Corporate Electricity Finance
2025 Salary
$529,724Total compensation $529,824, including $100 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
#3Ontario Financing Authority
Years on List
202006–2025
Peak Salary
$529,7242025
Full 2025 roster at Ontario Financing Authority →·See where $529,724 ranks →
Total Compensation History
Full History
2006–2025
$102,045 in 2006 is worth about $153,581 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Assistant Deputy Minister, Corporate Electricity FinanceOntario Financing Authority | $529,724Benefits $100Total $529,824 |
| 2024 | Assistant Deputy Minister, Corporate Electricity FinanceOntario Financing Authority | $217,545Benefits $283Total $217,828 |
| 2023 | Assistant Deputy Minister, Corporate Electricity Finance / Sous-ministre adjoint, financement général et analyse financière en matière d'électricitéOntario Financing Authority / Office ontarien de financement | $216,611Benefits $273Total $216,884 |
| 2022 | Assistant Deputy Minister, Corporate Electricity FinanceOntario Financing Authority | $218,503Benefits $267Total $218,770 |
| 2021 | Assistant Deputy Minister, Corporate Electricity FinanceOntario Financing Authority | $214,235Benefits $261Total $214,496 |
| 2020 | Assistant Deputy Minister, Corporate Electricity FinanceOntario Financing Authority | $210,050Benefits $255Total $210,305 |
| 2019 | Assistant Deputy Minister, Corporate Electricity FinanceOntario Financing Authority | $205,961Benefits $256Total $206,217 |
| 2018 | Assistant Deputy Minister, Corporate Electricity FinanceOntario Financing Authority | $192,290Benefits $288Total $192,579 |
| 2017 | Assistant Deputy Minister, Corporate Electricity Finance / Sous-ministre adjoint, financement général et analyse financière en matière d'électricitéOntario Financing Authority / Office ontarien de financement | $180,632Benefits $277Total $180,909 |
| 2016 | Assistant Deputy Minister, Corporate Electricity Finance / Sous-ministre adjoint, financement général et analyse financière en matière d'électricitéOntario Financing Authority | $169,325Benefits $263Total $169,588 |
| 2015 | Assistant Deputy Minister, Corporate Electricity Finance / Sous-ministre adjoint, financement général et analyse financière en matière d'électricitéOntario Financing Authority | $164,743Benefits $260Total $165,002 |
| 2014 | Assistant Deputy Minister, Corporate Electricity Finance / Sous-ministre adjoint, financement général et analyse financière en matière d'électricitéOntario Financing Authority | $160,756Benefits $261Total $161,017 |
| 2013 | Assistant Deputy Minister, Corporate Electricity FinanceOntario Financing Authority | $155,133Benefits $231Total $155,364 |
| 2012 | Assistant Deputy Minister, Corporate Electricity FinanceOntario Financing Authority | $146,599Benefits $196Total $146,795 |
| 2011 | Director, Electricity Finance / Directeur, financement de l'industrie de l'électricitéOntario Financing Authority / Office ontarien de financement | $139,935Benefits $196Total $140,131 |
| 2010 | Director, Electricity FinanceOntario Financing Authority | $138,200Benefits $217Total $138,417 |
| 2009 | Director, Electricity FinanceOntario Financing Authority | $122,121Benefits $204Total $122,326 |
| 2008 | Director, Electricity FinanceOntario Financing Authority | $113,567Benefits $197Total $113,764 |
| 2007 | Manager, Financial Analysis & ModelingOntario Financing Authority | $102,351Benefits $176Total $102,527 |
| 2006 | Manager, Financial Analysis & ModellingOntario Financing Authority | $102,045Benefits $169Total $102,213 |
Take-Home Pay
(After Tax) · 2025 estimate
In 2025, Ronald Kwan's $529,724 salary works out to roughly $286,121 after income tax, CPP and EI — an all-in deduction rate of about 46.0%. That is about 144% more than the $217,545 paid in 2024. Ronald Kwan has appeared on the list 20 times since 2006. After pension contributions (probably PSPP or OPTrust in this sector), take-home is usually a further 7–10% lower.
- Estimated net pay
- ~$286,121
- Effective income-tax rate (excl. CPP/EI)
- ~44.9%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~46.0%
Where does $529,724 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.