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Tracey R. Forrest

University of Waterloo/Program Director, Transformative Quantum Technologies

2023 Salary — last year on the list

$188,621

Total compensation $188,947, including $327 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
2023

Employer Rank

#621

University of Waterloo

Years on List

5

2019–2023

Peak Salary

$188,621

2023

Full 2023 roster at University of Waterloo →·See where $188,621 ranks →

Total Compensation History

Total compensation by yearLine chart of 5 yearly values of total compensation, from $168,074 in 2019 to $188,947 in 2023.$100K$125K$150K$175K$200K20192020202120222023
Total compensation, 2019–2023. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2019–2023

$167,871 in 2019 is worth about $202,679 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2023Program Director, Transformative Quantum TechnologiesUniversity Of Waterloo$188,621Benefits $327Total $188,947
2022Program Director, Transformative Quantum TechnologiesUniversity Of Waterloo$179,609Benefits $266Total $179,875
2021Program Director, Transformative Quantum TechnologiesUniversity Of Waterloo$176,508Benefits $204Total $176,713
2020Program Director, Transformative Quantum TechnologiesUniversity Of Waterloo$172,753Benefits $198Total $172,951
2019Program Director, Transformative Quantum TechnologiesUniversity Of Waterloo$167,871Benefits $203Total $168,074

Take-Home Pay
(After Tax) · 2023 estimate

Take-home on Tracey R. Forrest's 2023 salary of $188,621 comes to roughly $123,055 once federal and Ontario income tax (about 32.2% effective) is deducted. That is about 5% more than the $179,609 paid in 2022. Tracey R. Forrest has appeared on the list 5 times since 2019. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.

Estimated net pay
~$123,055
Effective income-tax rate (excl. CPP/EI)
~32.2%
CPP + EI contributions
~$4,756
All-in deduction rate (incl. CPP/EI)
~34.8%

Where does $188,621 rank on the Sunshine List? →

Estimate only: 2023 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 Waterloo
2023

View all 2,139 employees at University of Waterloo (2023) →