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Teshome Amare

Finance/Senior Economist

2025 Salary

$135,677

Total compensation $135,845, including $167 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

#221

Finance

Years on List

14

2012–2025

Peak Salary

$135,677

2025

Full 2025 roster at Finance →·See where $135,677 ranks →

Total Compensation History

Total compensation by yearLine chart of 14 yearly values of total compensation, from $102,839 in 2012 to $135,845 in 2025.$100K$110K$120K$130K$140K201220152017202020222025
Total compensation, 2012–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2012–2025

$102,698 in 2012 is worth about $138,562 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Senior EconomistFinance$135,677Benefits $167Total $135,845
2024Senior EconomistFinance$133,161Benefits $161Total $133,322
2023Senior Economist / Économiste principalFinance / Finances$122,772Benefits $154Total $122,926
2022Senior EconomistFinance$120,302Benefits $152Total $120,454
2021Senior EconomistFinance$127,178Benefits $150Total $127,328
2020Senior EconomistFinance$113,455Benefits $147Total $113,603
2019Senior EconomistFinance$110,988Benefits $148Total $111,136
2018Senior EconomistFinance$110,487Benefits $166Total $110,652
2017Senior Economist / Économiste principalFinance / Finances$108,261Benefits $166Total $108,427
2016Senior EconomistFinance$106,956Benefits $173Total $107,129
2015Senior Economist / Économiste principalFinance$109,037Benefits $182Total $109,220
2014Senior Economist / Économiste principalFinance$105,323Benefits $181Total $105,504
2013Senior EconomistFinance$103,732Benefits $157Total $103,889
2012Senior EconomistFinance$102,698Benefits $141Total $102,839

Take-Home Pay
(After Tax) · 2025 estimate

Teshome Amare was paid $135,677 in 2025; after income tax, CPP and EI that is roughly $95,763, an effective income-tax rate of about 25.4%. At Finance, 656 people made the 2025 list with a median salary of $128,480; Teshome Amare's total compensation of $135,845 ranked #221. That is about 2% more than the $133,161 paid in 2024. Most Government of Ontario – Ministries employees belong to PSPP or OPTrust, so actual take-home is likely another 7–10% lower after pension contributions.

Estimated net pay
~$95,763
Effective income-tax rate (excl. CPP/EI)
~25.4%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~29.4%
vs. 2025 Senior Economist median
+6%

Where does $135,677 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 Finance
2025

View all 656 employees at Finance (2025) →