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Shivdeep Panaich

Financial Services Regulatory Authority of Ontario/Director, Credit Union Supervision / Directeur, Surveillance des caisses

2022 Salary — last year on the list

$137,460

Total compensation $137,935, including $475 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

#77

Financial Services Regulatory Authority of Ontario

Years on List

4

2019–2022

Peak Salary

$153,471

2021

Full 2022 roster at Financial Services Regulatory Authority of Ontario →·See where $137,460 ranks →

Total Compensation History

Total compensation by yearLine chart of 4 yearly values of total compensation, from $146,646 in 2019 to $137,935 in 2022.$100K$120K$140K$160K2019202020212022
Total compensation, 2019–2022. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2019–2022

$144,630 in 2019 is worth about $174,620 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2022Director, Credit Union Supervision / Directeur, Surveillance des caissesFinancial Services Regulatory Authority of Ontario$137,460Benefits $475Total $137,935
2021Senior Manager, Examination / Chef, examensFinancial Services Regulatory Authority of Ontario$153,471Benefits $545Total $154,015
2020Senior Manager, Examination / Chef, examensFinancial Services Regulatory Authority of Ontario$149,105Benefits $548Total $149,652
2019Senior Manager, Examination / Chef, examensFinancial Services Regulatory Authority$144,630Benefits $2,016Total $146,646

Take-Home Pay
(After Tax) · 2022 estimate

Take-home on Shivdeep Panaich's 2022 salary of $137,460 comes to roughly $94,365 once federal and Ontario income tax (about 28.1% effective) is deducted. It is down about 10% from the $153,471 paid in 2021. Shivdeep Panaich has appeared on the list 4 times since 2019. After pension contributions (probably PSPP or OPTrust in this sector), take-home is usually a further 7–10% lower.

Estimated net pay
~$94,365
Effective income-tax rate (excl. CPP/EI)
~28.1%
CPP + EI contributions
~$4,453
All-in deduction rate (incl. CPP/EI)
~31.4%

Where does $137,460 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.

Also at Financial Services Regulatory Authority of Ontario
2022

View all 224 employees at Financial Services Regulatory Authority of Ontario (2022) →