Steven P. Forsey
University of Waterloo/Associate Professor, Teaching Stream
2025 Salary
$210,474Total compensation $211,043, including $569 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
#568University of Waterloo
Years on List
162010–2025
Peak Salary
$210,4742025
Full 2025 roster at University of Waterloo →·See where $210,474 ranks →
Total Compensation History
Full History
2010–2025
$103,801 in 2010 is worth about $146,302 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Associate Professor, Teaching StreamUniversity Of Waterloo | $210,474Benefits $569Total $211,043 |
| 2024 | Associate Professor, Teaching StreamUniversity Of Waterloo | $197,676Benefits $846Total $198,522 |
| 2023 | LecturerUniversity Of Waterloo | $185,554Benefits $718Total $186,272 |
| 2022 | LecturerUniversity Of Waterloo | $174,502Benefits $605Total $175,106 |
| 2021 | LecturerUniversity Of Waterloo | $170,015Benefits $456Total $170,471 |
| 2020 | LecturerUniversity Of Waterloo | $162,936Benefits $428Total $163,364 |
| 2019 | LecturerUniversity Of Waterloo | $157,903Benefits $436Total $158,339 |
| 2018 | LecturerUniversity of Waterloo | $149,828Benefits $435Total $150,263 |
| 2017 | LecturerUniversity of Waterloo | $144,440Benefits $462Total $144,902 |
| 2016 | LecturerUniversity of Waterloo | $138,041Benefits $489Total $138,531 |
| 2015 | LecturerUniversity of Waterloo | $132,245Benefits $512Total $132,757 |
| 2014 | LecturerUniversity of Waterloo | $126,991Benefits $492Total $127,483 |
| 2013 | LecturerUniversity of Waterloo | $119,789Benefits $370Total $120,159 |
| 2012 | LecturerUniversity of Waterloo | $111,601Benefits $391Total $111,991 |
| 2011 | LecturerUniversity of Waterloo | $107,413Benefits $883Total $108,296 |
| 2010 | LecturerUniversity of Waterloo | $103,801Benefits $893Total $104,694 |
Take-Home Pay
(After Tax) · 2025 estimate
Steven P. Forsey was paid $210,474 in 2025; after income tax, CPP and EI that is roughly $135,973, an effective income-tax rate of about 32.8%. That is about 6% more than the $197,676 paid in 2024. Steven P. Forsey has appeared on the list 16 times since 2010. 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
- ~$135,973
- Effective income-tax rate (excl. CPP/EI)
- ~32.8%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~35.4%
- vs. 2025 Associate Professor Teaching Stream median
- +21%
Where does $210,474 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.