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W Lee Bailey

University of Toronto/Associate Professor, Teaching Stream, Department of Economics

2025 Salary

$248,661

Total compensation $248,787, including $126 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

#1,019

University of Toronto

Years on List

21

2005–2025

Peak Salary

$248,661

2025

Full 2025 roster at University of Toronto →·See where $248,661 ranks →

Total Compensation History

Total compensation by yearLine chart of 21 yearly values of total compensation, from $107,273 in 2005 to $248,787 in 2025.$100K$150K$200K$250K200520092014201620212025
Total compensation, 2005–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2005–2025

$107,076 in 2005 is worth about $164,317 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Associate Professor, Teaching Stream, Department of EconomicsUniversity Of Toronto$248,661Benefits $126Total $248,787
2024Associate Professor, Teaching Stream, Department of EconomicsUniversity Of Toronto$222,092Benefits $129Total $222,221
2023Associate Professor, Teaching Stream, Department of EconomicsUniversity Of Toronto$208,512Benefits $129Total $208,641
2022Associate Professor, Teaching Stream, Department of EconomicsUniversity Of Toronto$204,985Benefits $136Total $205,121
2021Associate Professor, Teaching Stream, Department of EconomicsUniversity Of Toronto$187,073Benefits $143Total $187,216
2020Associate Professor, Teaching Stream, Department of EconomicsUniversity Of Toronto$200,251Benefits $151Total $200,402
2019Associate Professor, Teaching Stream, EconomicsUniversity Of Toronto$195,166Benefits $180Total $195,346
2018Associate Professor, Teaching Stream, EconomicsUniversity of Toronto$186,998Benefits $201Total $187,199
2017Associate Professor, Teaching Stream, EconomicsUniversity of Toronto$171,180Benefits $224Total $171,404
2016Associate Professor, Teaching Stream, EconomicsUniversity of Toronto$168,915Benefits $265Total $169,180
2015Senior Lecturer , EconomicsUniversity of Toronto$155,735Benefits $279Total $156,014
2014Senior Lecturer , EconomicsUniversity of Toronto$176,321Benefits $295Total $176,616
2013Senior Lecturer , EconomicsUniversity of Toronto$156,113Benefits $285Total $156,398
2012Senior Lecturer, EconomicsUniversity of Toronto$173,982Benefits $274Total $174,256
2011Senior Lecturer, EconomicsUniversity of Toronto$168,140Benefits $262Total $168,402
2010Senior Lecturer, EconomicsUniversity of Toronto$144,613Benefits $234Total $144,847
2009Senior Lecturer, EconomicsUniversity of Toronto$174,836Benefits $216Total $175,052
2008Senior Lecturer, EconomicsUniversity of Toronto$168,168Benefits $206Total $168,373
2007Senior Lecturer, EconomicsUniversity of Toronto$144,901Benefits $193Total $145,094
2006Senior Lecturer , EconomicsUniversity of Toronto$150,680Benefits $195Total $150,875
2005Sr. Lecturer, EconomicsUniversity of Toronto$107,076Benefits $197Total $107,273

Take-Home Pay
(After Tax) · 2025 estimate

Take-home on W Lee Bailey's 2025 salary of $248,661 comes to roughly $155,295 once federal and Ontario income tax (about 35.3% effective) is deducted. That is about 12% more than the $222,092 paid in 2024. Records under this name have appeared on the Sunshine List 21 years in all, first in 2005. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.

Estimated net pay
~$155,295
Effective income-tax rate (excl. CPP/EI)
~35.3%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~37.5%

Where does $248,661 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) →