Zeela Merchant
Ontario Cannabis Retail Corporation/Chief Financial Officer/ Chef, Finances
At a Glance
2025
Latest Salary
$277,9332025
Total Compensation
$278,706Incl. $774 benefits
Employer Rank
#5Ontario Cannabis Retail Corporation
Years on List
62020–2025
Salary History
Full History
2020–2025
| Year | Employer | Position | Salary | Benefits | Total |
|---|---|---|---|---|---|
| 2025 | Ontario Cannabis Retail Corporation | Chief Financial Officer/ Chef, Finances | $277,933 | $774 | $278,706 |
| 2024 | Ontario Cannabis Retail Corporation | Chief Financial Officer / Chef, Finances | $268,894 | $801 | $269,695 |
| 2023 | Ontario Cannabis Retail Corporation / Société Ontarienne De Vente Du Cannabis | — | $268,894 | $867 | $269,761 |
| 2022 | Ontario Cannabis Retail Corporation | Chief Financial Officer / Chef, Finances | $268,894 | $901 | $269,795 |
| 2021 | Ontario Cannabis Retail Corporation | Chief Financial Officer / Chef, Finances | $267,851 | $901 | $268,752 |
| 2020 | Ontario Cannabis Retail Corporation | Chief Financial Officer / Directrice générale des finances | $222,317 | $807 | $223,124 |
Take-Home Pay
(After Tax) · 2025 estimate
In 2025, Zeela Merchant's $277,933 salary works out to roughly $169,113 after income tax, CPP and EI — an effective rate of about 37.2%. That is about 3% more than the $268,894 paid in 2024. The name has been on the Sunshine List 6 years in all, first in 2020. After pension contributions (probably PSPP or OPTrust in this sector), take-home is usually a further 7–10% lower.
- Estimated net pay
- ~$169,113
- Effective income-tax rate (excl. CPP/EI)
- ~37.2%
- CPP + EI contributions
- ~$5,507
Where does $277,933 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.