Senior Financial Analyst Salary in Ontario (2025)
2,308 disclosed records, 2000–2025 · mostly Municipalities & Services (41%)
At a Glance
2025
Disclosed
481
2025 Sunshine List
Median Salary
$115,865
-5.2% vs provincial median
Typical Range
$107,400–$128,140
25th–75th percentile
Top Salary
$296,251
Who was the highest-paid employee under the title "Senior Financial Analyst" in Ontario in 2025?
The highest-paid record grouped under the title "Senior Financial Analyst" on the 2025 Sunshine List was Kelvin Chan at Ontario Power Generation, with a salary of $296,251; the median among the 481 listed under this title was $115,865.
Take-Home Pay
(After Tax) · 2025 estimate
At the 2025 median salary of $115,865, a Senior Financial Analyst keeps roughly $84,552 after income tax, CPP and EI (about 27.0% all-in), or about $7,046 a month. 481 people were listed under this title in 2025. Half of those listed earned between $107,400 and $128,140. That is about 5% below the 2025 median across the whole list, $122,262. Most Municipalities & Services employees belong to OMERS, so actual take-home is likely another 7–10% lower after pension contributions.
- Estimated net pay
- ~$84,552
- Effective income-tax rate (excl. CPP/EI)
- ~22.3%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~27.0%
- Per month, after tax
- ~$7,046
Where does $115,865 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.
Median by Year
2005–2025
Where They Work
2025 · employers with 5+
| Employer | Median | Detail |
|---|---|---|
| Ontario Power Generation | $154,633 | Pay here → |
| Metrolinx | $107,554 | Pay here → |
| City of Toronto – Toronto Transit Commission | $134,740 | Pay here → |
| City of Toronto | $133,358 | Pay here → |
| Regional Municipality of Durham | $113,982 | Pay here → |
| City of Ottawa | $104,548 | Pay here → |
| Hospital for Sick Children | $104,063 | Pay here → |
| Sunnybrook Health Sciences Centre | $117,176 | Pay here → |
| City of Toronto – Toronto Community Housing Corp. | $113,644 | Pay here → |
| Liquor Control Board of Ontario | $126,055 | Pay here → |
| Regional Municipality of Halton | $110,637 | Pay here → |
| Regional Municipality of York | $108,424 | Pay here → |
| University of Toronto | $130,530 | Pay here → |
| Treasury Board Secretariat | $128,079 | Pay here → |
| Scarborough Health Network | $116,111 | Pay here → |
Highest Paid
2025
| # | Name | Salary | Total |
|---|---|---|---|
| 1 | Kelvin ChanSenior Financial Analyst | $296,251 | $302,529 |
| 2 | Arfan BhattiSenior Financial Analyst | $182,539 | $189,182 |
| 3 | Jeffrey HabecSenior Financial Analyst | $181,207 | $187,292 |
| 4 | Diana ClarkSenior Financial Analyst | $179,150 | $185,124 |
| 5 | Connie LeclairSenior Financial Analyst | $178,718 | $184,974 |
| 6 | Lawrence SinnaeveSenior Financial Analyst | $171,355 | $177,611 |
| 7 | Anup MorjariaSenior Financial Analyst | $170,672 | $171,606 |
| 8 | Pamela TurpinSenior Financial Analyst | $168,173 | $169,096 |
| 9 | Melinda VandenbergheSenior Financial Analyst | $167,957 | $174,017 |
| 10 | Robert PrettySenior Financial Analyst | $166,611 | $170,149 |
By Year
Related Positions
- Constable5,795
- Firefighter5,399
- Police Constable4,778
- Operator3,992
- Primary Care Paramedic2,883
- Sergeant1,600
- Captain1,385
- Plainclothes Police Constable1,286
About these figures
Source: Ontario’s Public Sector Salary Disclosure (the “Sunshine List”), which names every public-sector employee paid $100,000 or more in a calendar year. Figures are disclosed salaries, not market compensation: anyone in this position earning under $100,000 does not appear, so medians here sit above the true median for the job.
Medians and percentiles use salary paid (benefits excluded), computed over records whose filed job title was normalized into this position. Titles are as each employer filed them; spellings, word order and bilingual forms are merged. Employers and years with fewer than five people show counts only. Titles before 2005 were abbreviated at source; the chart starts at 2005.
Data through 2025, the most recent Sunshine List disclosed.