Canada · Public Sector Salary DisclosureEdition 2025
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On the 2025 Sunshine List · 9 years

David Carter

Chief Executive Officer · Innovation Factory
Chief Executive OfficerOntarioFirst listed 2016
2025 Total Compensation Paid
$243,028.00
▲ 28.5% since 2016

David Carter was paid $243,028.00 in total compensation as Chief Executive Officer at Innovation Factory in 2025, 143% above Ontario's $100,000.00 Sunshine List threshold.

David Carter has appeared on the Ontario Sunshine List 9 times since 2016, earning $1.9M in combined disclosed pay — an average of $207,187.00 a year, up 29% over that span.

That is 58% above the average disclosed pay of $153,562.00 across 5 listed Innovation Factory employees.

$243,028.00
Latest compensation
in 2025
$1.9M
Total compensation
across 9 years
$207,187.00
Average / year
while on Sunshine List
+28.5%
Career growth
since 2016
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FIG. 01

9 years on the list

Annual total compensation (CAD) — hover to inspect.

$179K$197K$214K$232K$250K201620172018201920212022202320242025
FIG. 02

The career in numbers

Totals, averages, and the biggest moves — all total compensation.

A career, year by year.

How David Carter's total compensation has moved across 9 years on the Ontario Sunshine List.

Highest year2024 · $243,213.00
Lifetime total compensation$1.9M
Annual average$207,187.00
Total growth since 2016+28.5%
Biggest raise+13.2% (2022)
Biggest drop-0.2% (2021)
FIG. 03

Year-by-year history

9 years on the Sunshine List.

YearPositionTotal CompensationChange
2025Latest
Chief Executive Officer$243,028.00▼ 0.1%
2024★ Best
Chief Executive Officer$243,213.00▲ 11.2%
2023
$218,645.73▲ 2.3%
2022
Chief Executive Officier↑ role changed$213,794.00▲ 13.2%
2021
Executive Director$188,818.40▼ 0.2%
2019
Executive Director$189,203.04▼ 0.1%
2018
Executive Director$189,376.00▼ 0.1%
2017
Executive Director$189,547.60▲ 0.3%
2016First
Executive Director$189,056.69
9 years total$1.9M total$207,187.00 avg
FIG. 04

The record

Source data and how to request a correction.

Employee details

Position
Chief Executive Officer
Sector
Province
Ontario
First appeared
2016
Latest disclosure
2025
Years on list
9

Data source

Salary data is published annually by the Ontario government under the Public Sector Salary Disclosure Act. Only employees earning $100,000+ are disclosed.

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