Public Salaries
Ontario public pay

Michael Smart

Professor of Economics at University Of Toronto. On Ontario’s disclosure list 23 years between 2003 and 2025.

Salary disclosure2025
Michael Smart
Professor of Economics
University Of Toronto
Salary paid
$343,564.93
Taxable benefits
$167.58
Total disclosed
$343,732.51
Source: Government of Ontario, Public Sector Salary Disclosure Act, 1996. © King’s Printer for Ontario.
Change from 2024: +$53,040 (+18.3%)
23years on
the list

Among 15 people with the title “Professor of Economics” in 2025

Paid more than 40% of them. Their median: $346,934.

Among 7,392 people at University Of Toronto in 2025

234th highest paid. Their median: $147,726.

Paid more than 99% of everyone on the 2025 disclosure list, which only lists people paid $100,000 or more.

middle 80%middle halfmedianthis personspacing grows with pay (log scale)

Salary by year

Show as a table
YearSalaryMedian for the job
2003$108,628$112,556
2004$111,783$117,414
2005$106,252$122,238
2006$127,274$127,274
2007$138,155$136,810
2008$150,464$139,215
2009$154,845$139,400
2010$140,229$146,720
2011$167,669$154,620
2012$172,892$151,186
2013$176,811$156,789
2014$180,709$156,163
2015$182,696$166,864
2016$185,818$184,023
2017$185,198$178,774
2018$202,453$175,790
2019$208,522$197,588
2020$212,768$237,832
2021$216,493$239,758
2022$227,139$248,555
2023$263,129$310,297
2024$290,525$308,124
2025$343,565$346,934

History

YearEmployer and jobSalaryBenefitsChange
2025University Of TorontoProfessor of Economics$343,565$168+$53,040
2024University Of TorontoProfessor of Economics$290,525$172+$27,396
2023University Of TorontoProfessor of Economics$263,129$172+$35,990
2022University Of TorontoProfessor of Economics$227,139$181+$10,645
2021University Of TorontoProfessor of Economics$216,493$191+$3,725
2020University Of TorontoProfessor of Economics$212,768$202+$4,246
2019University Of TorontoProfessor of Economics$208,522$240+$6,069
2018University Of TorontoProfessor of Economics$202,453$269+$17,255
2017University Of TorontoProfessor of Economics$185,198$2,906−$620
2016University Of TorontoProfessor of Economics$185,818$2,956+$3,122
2015University Of TorontoProfessor Of Economics$182,696$3,351+$1,987
2014University Of TorontoProfessor of Economics$180,709$3,064+$3,898
2013University Of TorontoProfessor of Economics$176,811$2,883+$3,920
2012University Of TorontoProfessor of Economics$172,892$4,024+$5,223
2011University Of TorontoProfessor of Economics$167,669$1,786+$27,440
2010University Of TorontoProfessor of Economics$140,229$295−$14,616
2009University Of TorontoProfessor of Economics$154,845$283+$4,381
2008University Of TorontoProfessor, Economics$150,464$283+$12,309
2007University Of TorontoProfessor, Economics$138,155$283+$10,881
2006University Of TorontoProfessor of Economics$127,274$300+$21,022
2005University Of TorontoProfessor, Economics$106,252$310−$5,531
2004University Of TorontoProfessor, Economics$111,783$312+$3,155
2003University Of TorontoProfessor, Economics$108,628$302

Years are matched by name and employer. Salary paid can include overtime, retroactive pay and one-time payments. Figures are exactly as Ontario published them. How we match years · Report a mistake or ask for removal