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Victor Severino

Economic Development, Job Creation and Trade/Assistant Deputy Minister, Regulatory Modernization and Business Relief

2022 Salary — last year on the list

$203,364

Total compensation $203,531, 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
2022

Employer Rank

#6

Economic Development, Job Creation and Trade

Years on List

3

2020–2022

Peak Salary

$237,887

2021

Full 2022 roster at Economic Development, Job Creation and Trade →·See where $203,364 ranks →

Total Compensation History

Total compensation by yearLine chart of 3 yearly values of total compensation, from $232,713 in 2020 to $203,531 in 2022.$100K$150K$200K$250K202020212022
Total compensation, 2020–2022. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2020–2022

$232,439 in 2020 is worth about $278,588 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2022Assistant Deputy Minister, Regulatory Modernization and Business ReliefEconomic Development, Job Creation and Trade$203,364Benefits $167Total $203,531
2021Assistant Deputy Minister, Pandemic Response SecretariatEconomic Development, Job Creation and Trade$237,887Benefits $282Total $238,169
2020Assistant Deputy Minister, Regulatory Modernization and Business ReliefEconomic Development, Job Creation and Trade$232,439Benefits $273Total $232,713

Take-Home Pay
(After Tax) · 2022 estimate

Victor Severino was paid $203,364 in 2022; after income tax, CPP and EI that is roughly $129,087, an effective income-tax rate of about 34.3%. At Economic Development, Job Creation and Trade, 273 people made the 2022 list with a median salary of $116,741; Victor Severino's total compensation of $203,531 ranked #6. Pension contributions — likely PSPP or OPTrust in the Government of Ontario – Ministries sector — would typically trim another 7–10% off that figure.

Estimated net pay
~$129,087
Effective income-tax rate (excl. CPP/EI)
~34.3%
CPP + EI contributions
~$4,453
All-in deduction rate (incl. CPP/EI)
~36.5%

Where does $203,364 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 Economic Development, Job Creation and Trade
2022

View all 273 employees at Economic Development, Job Creation and Trade (2022) →