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Thomas Mccurdy

University of Toronto/Professor of Finance

2025 Salary

$505,022

Total compensation $505,022, including $0 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

#32

University of Toronto

Years on List

29

1997–2025

Peak Salary

$505,022

2025

Full 2025 roster at University of Toronto →·See where $505,022 ranks →

Total Compensation History

Total compensation by yearLine chart of 29 yearly values of total compensation, from $121,695 in 1997 to $505,022 in 2025.$100K$200K$300K$400K$500K$600K199720032009201320192025
Total compensation, 1997–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
1997–2025

$117,404 in 1997 is worth about $213,248 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Professor of FinanceUniversity Of Toronto$505,022Benefits $0Total $505,022
2024Professor of FinanceUniversity Of Toronto$423,520Benefits $0Total $423,520
2023Professor of FinanceUniversity Of Toronto$466,846Benefits $118Total $466,964
2022Professor of FinanceUniversity Of Toronto$433,667Benefits $136Total $433,803
2021Professor of FinanceUniversity Of Toronto$419,926Benefits $143Total $420,069
2020Professor of FinanceUniversity Of Toronto$421,968Benefits $151Total $422,119
2019Professor of FinanceUniversity Of Toronto$415,112Benefits $180Total $415,292
2018Professor of FinanceUniversity of Toronto$418,792Benefits $201Total $418,993
2017Director, Financial Research and Trading Laboratory and Professor of FinanceUniversity of Toronto$435,875Benefits $342Total $436,217
2016Director, Financial Research and Trading Laboratory and Professor of FinanceUniversity of Toronto$424,265Benefits $520Total $424,785
2015Director, Financial Research And Trading Laboratory And Professor Of FinanceUniversity of Toronto$444,671Benefits $566Total $445,236
2014Director, Financial Research and Trading Laboratory and Professor of FinanceUniversity of Toronto$394,557Benefits $612Total $395,169
2013Director, Financial Research & Trading Laboratory and Professor of FinanceUniversity of Toronto$393,701Benefits $612Total $394,313
2012Director, Financial Research & Trading Laboratory and Professor of FinanceUniversity of Toronto$376,199Benefits $612Total $376,811
2011Professor of Finance, Director (Finance Lab) and ChairUniversity of Toronto$364,997Benefits $612Total $365,609
2010Professor of Finance, Director (Finance Lab) & ChairUniversity of Toronto$373,763Benefits $589Total $374,352
2009Professor of Finance, Director (Finance Lab) & ChairUniversity of Toronto$367,816Benefits $567Total $368,383
2008Professor, Finance/Director, Finance Lab/ChairUniversity of Toronto$368,953Benefits $567Total $369,520
2007Professor, Finance/Director, Finance Lab/ChairUniversity of Toronto$331,679Benefits $567Total $332,246
2006Professor of FinanceUniversity of Toronto$325,673Benefits $598Total $326,272
2005Professor, FinanceUniversity of Toronto$288,349Benefits $665Total $289,014
2004Professor, FinanceUniversity of Toronto$317,811Benefits $655Total $318,466
2003Professor, FinanceUniversity of Toronto$279,112Benefits $610Total $279,723
2002Professor of FinanceUniversity of Toronto$202,500Benefits $610Total $203,110
2001Professor of FinanceUniversity of Toronto$182,500Benefits $4,027Total $186,527
2000Professor of FinanceUniversity of Toronto$169,353Benefits $7,782Total $177,136
1999Professor of FinanceUniversity of Toronto$118,570Benefits $6,821Total $125,391
1998Professor of ManagementUniversity of Toronto$110,569Benefits $6,494Total $117,063
1997Prof. of ManagementToronto$117,404Benefits $4,291Total $121,695

Take-Home Pay
(After Tax) · 2025 estimate

In 2025, Thomas Mccurdy's $505,022 salary works out to roughly $274,642 after income tax, CPP and EI — an all-in deduction rate of about 45.6%. It is up about 19% on the $423,520 paid in 2024. Records under this name have appeared on the Sunshine List 29 years in all, first in 1997. 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
~$274,642
Effective income-tax rate (excl. CPP/EI)
~44.5%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~45.6%
vs. 2025 Professor of Finance median
about even

Where does $505,022 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

View all 7,392 employees at University of Toronto (2025) →