Canada · Public Sector Salary DisclosureEdition 2025
Ontario · 2025 · position

Chief Financial Officer

Every Chief Financial Officer on the Ontario Sunshine List — public-sector employees with this job title, their employers and total compensation.

People with this title105
Average compensation$186,759.00
Highest$436,088.12
Lowest$100,881.72
FIG. 02

How pay is distributed

Where the 105 Chief Financial Officers on the list actually sit — not just the average. Bars show how many people fall in each pay band.

Q1MedianQ3$101K$436K
Median $171,286Middle 50%: $146,202–$211,520
FIG. 03

Who employs the most Chief Financial Officers

Employers with the most people in this role, ranked by headcount.

#
Employer
People
Avg comp
Top comp
1
2
$251,502.00
$289,917.75
2
1
$436,088.00
$436,088.12
3
2
$194,529.00
$234,399.28
4
2
$190,453.00
$246,440.00
5
1
$376,686.00
$376,686.48
7
1
$335,023.00
$335,022.96
9
1
$318,980.00
$318,980.40
FIG. 04

Every Chief Financial Officer on the list

Open any row for the full salary history of that person.

RankName & PositionEmployerYearCompensationBenefits
1Faith Forbes
Chief Financial Officer
Humber River Health
Humber River Health2025$425,534$10,554
2Muneeb Chaudhary
Chief Financial Officer
Ontario Financing Authority
Ontario Financing Authority2025$376,364$323
3Lisa Taylor
Chief Financial Officer
Toronto Waterfront Revitalization Corporation
Toronto Waterfront Revitalization Corporation2025$335,897$19,835
4Deborah A. Sevenpifer
Chief Financial Officer
YMCA Of Greater Toronto
YMCA Of Greater Toronto2025$334,371$652
5Qiuju Chen
Chief Financial Officer
City Of Toronto – Toronto Community Housing Corp.
City Of Toronto – Toronto Community Housing Corp.2025$332,774$946
6Joanne Mckee
Chief Financial Officer
Toronto Metropolitan University
Toronto Metropolitan University2025$317,750$1,230
7Giovanni Montagnese
Chief Financial Officer
City Of Toronto – Toronto Transit Commission
City Of Toronto – Toronto Transit Commission2025$293,260$13,971
8Jennifer-Lynn Gruber
Chief Financial Officer
Communitech Corporation
Communitech Corporation2025$302,563$2,818
9Jeffery Lennon
Chief Financial Officer
University Of Toronto
University Of Toronto2025$289,792$126
10Anukul Sharma
Chief Financial Officer
Futurpreneur Canada
Futurpreneur Canada2025$265,892$11,287
11Jeffrey Channell
Chief Financial Officer
Regional Municipality Of York Police Services
Regional Municipality Of York Police Services2025$260,749$12,829
12Chitrayka Persaud
Chief Financial Officer
Hellenic Home For The Aged Inc
Hellenic Home For The Aged Inc2025$258,266$1,525
13David Danylewich
Chief Financial Officer
Right To Play International
Right To Play International2025$245,000$8,621
14Lucy J Lombardi
Chief Financial Officer
March Of Dimes Canada
March Of Dimes Canada2025$251,842$1,643
15Craig Millar
Chief Financial Officer
City Of Burlington
City Of Burlington2025$247,050$877
16Ivaylo Chopnikolov
Chief Financial Officer
Runnymede Healthcare Centre
Runnymede Healthcare Centre2025$244,951$1,489
17Adesh Ramganesh
Chief Financial Officer
Attorney General
Attorney General2025$240,710$157
18Brian Laffin
Chief Financial Officer
Perley and Rideau Veterans' Health Centre
Perley and Rideau Veterans' Health Centre2025$232,650$1,749
19Angela Zehr
Chief Financial Officer
Mohawk College Of Applied Arts and Technology
Mohawk College Of Applied Arts and Technology2025$226,699$223
20Keshwer Patel
Chief Financial Officer
Children's Aid Society Of Toronto
Children's Aid Society Of Toronto2025$222,105$3,910
21Leslie Horenfeldt
Chief Financial Officer
Responsible Gambling Council (Ontario)
Responsible Gambling Council (Ontario)2025$210,130$8,535
22Clara Secnik
Chief Financial Officer
Catholic Children's Aid Society
Catholic Children's Aid Society2025$215,812$978
23Erica Willick
Chief Financial Officer
Huron University College
Huron University College2025$215,000$614
24Faris Abulfazl
Chief Financial Officer
Lumenus Community Services
Lumenus Community Services2025$204,234$11,092
25Olenka Baron
Chief Financial Officer
University Of Toronto
University Of Toronto2025$211,758$1,328
26Yen Daniel
Chief Financial Officer
Ross Memorial Hospital
Ross Memorial Hospital2025$211,744$1,298
27Anthony Martinello
Chief Financial Officer
Ontario One Call
Ontario One Call2025$211,185$335
28Lap Bun Ricky Chan
Chief Financial Officer
Mon Sheong Foundation
Mon Sheong Foundation2025$210,461$601
29Emily Woods
Chief Financial Officer
Algonquin College Of Applied Arts and Technology
Algonquin College Of Applied Arts and Technology2025$207,027$412
30Susanna Beckstead
Chief Financial Officer
Sir Sandford Fleming Of Applied Arts and Technology
Sir Sandford Fleming Of Applied Arts and Technology2025$199,330$7,407
31Annie Lam
Chief Financial Officer
Nature Conservancy Of Canada
Nature Conservancy Of Canada2025$192,448$10,269
32Maria Pia Ramos-Javellana
Chief Financial Officer
Registered Practical Nurses Association Of Ontario
Registered Practical Nurses Association Of Ontario2025$199,842$1,079
33Andrey Timofeev
Chief Financial Officer
Jewish Family and Child Service Of Greater Toronto
Jewish Family and Child Service Of Greater Toronto2025$194,781$2,529
34Glen Regier
Chief Financial Officer
Upper Grand District School Board
Upper Grand District School Board2025$196,637$102
35Sarah Moore
Chief Financial Officer
Canadore College Of Applied Arts and Technology
Canadore College Of Applied Arts and Technology2025$194,500$197
36Thomas Di Carlo
Chief Financial Officer
Services And Housing In The Province (SHIP)
Services And Housing In The Province (SHIP)2025$181,052$13,463
37Sarah Davis
Chief Financial Officer
Southwest Ontario Aboriginal Health Access Centre (SOAHAC)
Southwest Ontario Aboriginal Health Access Centre (SOAHAC)2025$189,609$2,737
38Vijayalakshmi Hariharan
Chief Financial Officer
Reena
Reena2025$166,590$25,212
39Sheena Pawliwec
Chief Financial Officer
City Of Cambridge
City Of Cambridge2025$186,323$1,170
40David Petersson
Chief Financial Officer
District Of Sault Ste Marie Social Services Administration Board
District Of Sault Ste Marie Social Services Administration Board2025$184,862$1,605
41William Merklinger
Chief Financial Officer
City Of Ottawa – Police Services
City Of Ottawa – Police Services2025$184,534$14
42Al Adibi
Chief Financial Officer
St. Lawrence Parks Commission
St. Lawrence Parks Commission2025$183,500$401
43Farhad Sethna
Chief Financial Officer
Costi Immigrant Services
Costi Immigrant Services2025$181,631$2,170
44Shannon Saucier
Chief Financial Officer
The Corporation of the City of North Bay
The Corporation of the City of North Bay2025$181,493$1,636
45Marie Hammond
Chief Financial Officer
Durham Catholic District School Board
Durham Catholic District School Board2025$170,825$9,047
46Bradley Hilker
Chief Financial Officer
Carleton Place And District Memorial Hospital
Carleton Place And District Memorial Hospital2025$178,837$810
47Christiaan Wasserman
Chief Financial Officer
Central West Specialized Developmental Services
Central West Specialized Developmental Services2025$178,079$753
48Teri Smith
Chief Financial Officer
Peterborough Victoria Northumberland And Clarington Catholic District School Board
Peterborough Victoria Northumberland And Clarington Catholic District School Board2025$176,970$1,578
49Alexei Aleinikov
Chief Financial Officer
Multilingual Community Interpreter Services (MCIS)
Multilingual Community Interpreter Services (MCIS)2025$171,403$5,236
50Darlene Ryan
Chief Financial Officer
Ongwanada Hospital
Ongwanada Hospital2025$174,769$722

Page 1 of 3 (105 total)

FIG. 04

Common questions

About Chief Financial Officer pay on the Ontario Sunshine List.

What is the average Chief Financial Officer salary in Ontario?

The average total compensation for a Chief Financial Officer on the Ontario Sunshine List is $186,759.00, based on 105 people in the role in 2025.

What is the highest Chief Financial Officer salary in Ontario?

The highest-paid Chief Financial Officer on the Ontario Sunshine List earned $436,088.12 in total compensation. The lowest in the disclosure earned $100,881.72.

How many Chief Financial Officers are on the Ontario Sunshine List?

105 people with the job title Chief Financial Officer appear on the Ontario Sunshine List for 2025.

Which employer pays Chief Financial Officers the most?

University Of Toronto employs the most Chief Financial Officers on the list (2), with an average compensation of $251,502.00 and a top earner at $289,917.75.