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Vice President Finance and Chief Financial Officer Salary in Ontario (2025)

165 disclosed records, 2006–2025 · mostly Hospitals & Boards of Public Health (76%)

Last filed under this title in 2025. Fewer than 20 records in the latest Sunshine List, so this page is kept for history.

At a Glance
2025

Disclosed

11

2025 Sunshine List

Median Salary

$270,727

+121.4% vs provincial median

Typical Range

$190,238–$308,608

25th–75th percentile

Top Salary

$414,971

Who was the highest-paid employee under the title "Vice President Finance and Chief Financial Officer" in Ontario in 2025?

The highest-paid record grouped under the title "Vice President Finance and Chief Financial Officer" on the 2025 Sunshine List was Young Lee at The Hospital For Sick Children, with a salary of $414,971; the median among the 11 listed under this title was $270,727.

Young Lee →

Take-Home Pay
(After Tax) · 2025 estimate

At the 2025 median salary of $270,727, a Vice President Finance and Chief Financial Officer keeps roughly $165,764 after income tax, CPP and EI (about 38.8% all-in), or about $13,814 a month. Across every sector the 2025 median was $122,262, so this position sits about 121% above it. The middle half of Vice President Finance and Chief Financial Officer salaries ran from $190,238 to $308,608. After pension contributions (probably HOOPP in this sector), take-home is usually a further 7–10% lower.

Estimated net pay
~$165,764
Effective income-tax rate (excl. CPP/EI)
~36.7%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~38.8%
Per month, after tax
~$13,814

Where does $270,727 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

Median salary by yearLine chart of 18 yearly values of median salary, from $205,905 in 2008 to $270,727 in 2025.$100K$150K$200K$250K$300K200820122015201820212025
Median salary, 2008–2025. Axis starts at $100,000, the Sunshine List disclosure threshold. Years with fewer than five people are omitted.

Highest Paid
2025

Highest-paid Vice President Finance and Chief Financial Officer records, 2025
#NameSalaryTotal
1Young LeeVice President, Finance and Chief Financial Officer$414,971$416,056
2Amit BansalVice President, Finance and Chief Financial Officer$319,209$330,414
3Michele BealsVice President, Finance and Chief Financial Officer$308,608$339,415
4Sandra ChiuVice President Finance and Chief Financial Officer$303,859$304,829
5Raymond LamVice President Finance and Chief Financial Officer$277,063$277,935
6Corinne WongVice President, Finance and Chief Financial Officer$270,727$271,973
7Paul SantinVice President, Finance and Chief Financial Officer$261,215$262,112
8Gregory FinnamoreVice President, Finance and Chief Financial Officer$209,426$215,686
9Robert LoveckyVice President Finance and Chief Financial Officer$190,238$190,863
10Juan ArangoteVice President, Finance/Chief Financial Officer$153,491$163,434
All 11 Vice President Finance and Chief Financial Officer records, 2025 →

By Year

Related Positions

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.

Data through 2025, the most recent Sunshine List disclosed.