The Ontario Sunshine List - Public Sector Salary Disclosure

The names, positions, salaries and total taxable benefits of public sector employees paid $100,000 or more in a calendar year.

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Michael Smart

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Michael Smart served as the Professor of Economics at University of Toronto in 2023, received an annual salary of $263,128.70 and a taxable benefit of $171.96, as indicated by the Government of Ontario's Sunshine list. Michael has held the same position since 2009 has been receiving six-figure yearly compensation.

$263,300.66

Total paid in 2023

$263,128.70

Salary

$171.96

Taxable Benefit

Gender: Male
Male
Very high confidence

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Job Title :   Professor of Economics
Employer :   University of Toronto
Sector :   Universities
Year :   2023

Comparing peers in identical roles within the organization

$263K
Low: $133K Avg: $287K High: $405K

Comparison with other individuals in similar positions in Ontario

$263K
Low: $100K Avg: $219K High: $460K
Bottom 90% Below Average Above Average Top 10%

Between 2003 and 2023, Michael experienced an average annual increase of approximately 4.75% in annual salary, including taxable benefits at University of Toronto. By 2023, Michael's total pay had risen by 141.72% compared to the pay in 2003. Notably, during Michael's tenure as Professor of Economics, there has been a significant 69.73% rise in compensation over the past 14 years. Additional information can be found in the chart and table presented below.

Yearly Total Paid

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Year Job Title Salary Taxable Benefit Raise
2023 Professor of Economics $263,129 $172 15.83%
2022 Professor of Economics $227,139 $181 4.91%
2021 Professor of Economics $216,493 $191 1.74%
2020 Professor of Economics $212,768 $202 2.02%
2019 Professor of Economics $208,522 $240 2.98%
2018 Professor of Economics $202,453 $269 7.77%
2017 Professor of Economics $185,198 $2,906 -0.35%
2016 Professor of Economics $185,818 $2,956 1.47%
2015 Professor of Economics $182,696 $3,351 1.24%
2014 Professor of Economics $180,709 $3,064 2.27%
2013 Professor of Economics $176,811 $2,883 1.57%
2012 Professor of Economics $172,892 $4,024 4.40%
2011 Professor of Economics $167,669 $1,786 20.59%
2010 Professor of Economics $140,229 $295 -9.41%
2009 Professor of Economics $154,845 $283 2.91%
2008 Professor, Economics $150,464 $283 8.89%
2007 Professor, Economics $138,155 $283 8.52%
2006 Professor of Economics $127,274 $300 19.72%
2005 Professor, Economics $106,252 $310 -4.94%
2004 Professor, Economics $111,783 $312 2.91%
2003 Professor, Economics $108,628 $302

The 2023 Sunshine List has 16 employees who held exactly same position title ( Professor of Economics ) in the University of Toronto.

10 out of 16 employees

Full Name Salary Taxable Benefit
Diego Restuccia $404,931 $258
Victor Aguirregabiria $365,058 $129
Michael Baker $336,098 $258
Loren Brandt $335,112 $129
Yoram Halevy $333,419 $23,873
Michelle Alexopoulos $328,615 $258
Kory Kroft $325,227 $2,845
Gustavo Bobonis $317,109 $129
Adonis Yatchew $303,484 $129
Colin Stewart $268,600 $129

The 2023 Sunshine List has 109 employees who held comparable positions in Ontario.

10 out of 109 employees

Full Name Job Title Employer Total Paid
Jordi Mondria Associate Professor of Economics University of Toronto $277,740
Martin Burda Associate Professor of Economics University of Toronto $276,148
Robert Mcmillan Associate Professor, Department of Economics University of Toronto $286,784
Sayed Hussain Associate Professor, Teaching Stream, Economics University of Toronto $274,038
Ettore Vince Damiano Professor And Chair of Economics University of Toronto $305,634
Diego Restuccia Professor of Economics University of Toronto $405,189
Victor Aguirregabiria Professor of Economics University of Toronto $365,187
Michael Baker Professor of Economics University of Toronto $336,356
Loren Brandt Professor of Economics University of Toronto $335,240
Yoram Halevy Professor of Economics University of Toronto $357,292