Ontario public pay
Varouj Aivazian
Professor, Department of Economics at University Of Toronto. On Ontario’s disclosure list 30 years between 1996 and 2025.
Salary disclosure2025
- Salary paid
- $444,490.45
- Taxable benefits
- $0.00
- Total disclosed
- $444,490.45
Source: Government of Ontario, Public Sector Salary Disclosure Act, 1996. © King’s Printer for Ontario.
Change from 2024: +$37,790 (+9.3%)30years on
the list
Change from 2024: +$37,790 (+9.3%)30years on
the list
Among 5 people with the title “Professor, Department of Economics” in 2025
Paid more than 80% of them. Their median: $354,277.
$444,490$284,727$444,490
Among 7,392 people at University Of Toronto in 2025
62nd highest paid. Their median: $147,726.
$444,490$100,000$649,992
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
SalaryMedian for the job
$474K$444K
Show as a table
| Year | Salary | Median for the job |
|---|---|---|
| 1996 | $119,527 | $116,062 |
| 1997 | $132,482 | $114,502 |
| 1998 | $125,993 | $115,724 |
| 1999 | $132,788 | $116,226 |
| 2000 | $145,913 | |
| 2001 | $145,367 | |
| 2002 | $163,161 | |
| 2003 | $183,202 | |
| 2004 | $195,118 | |
| 2005 | $198,104 | |
| 2006 | $236,137 | |
| 2007 | $253,782 | |
| 2008 | $298,145 | |
| 2009 | $329,429 | |
| 2010 | $406,024 | |
| 2011 | $379,022 | |
| 2012 | $364,990 | |
| 2013 | $404,051 | |
| 2014 | $474,186 | $156,163 |
| 2015 | $411,082 | $166,864 |
| 2016 | $420,348 | $184,023 |
| 2017 | $441,261 | $178,774 |
| 2018 | $381,813 | $175,790 |
| 2019 | $420,414 | $197,588 |
| 2020 | $424,892 | $227,428 |
| 2021 | $426,130 | $222,800 |
| 2022 | $423,295 | $243,758 |
| 2023 | $459,543 | $305,851 |
| 2024 | $406,700 | $341,742 |
| 2025 | $444,490 | $354,277 |
History
| Year | Employer and job | Salary | Benefits | Change |
|---|---|---|---|---|
| 2025 | University Of TorontoProfessor, Department of Economics | $444,490 | $0 | +$37,790 |
| 2024 | University Of TorontoProfessor, Department of Economics | $406,700 | $0 | −$52,843 |
| 2023 | University Of TorontoProfessor, Department of Economics | $459,543 | $0 | +$36,248 |
| 2022 | University Of TorontoProfessor, Department of Economics | $423,295 | $0 | −$2,835 |
| 2021 | University Of TorontoProfessor, Department of Economics | $426,130 | $0 | +$1,237 |
| 2020 | University Of TorontoProfessor, Department of Economics | $424,892 | $0 | +$4,479 |
| 2019 | University Of TorontoProfessor of Economics | $420,414 | $0 | +$38,601 |
| 2018 | University Of TorontoProfessor of Economics | $381,813 | $0 | −$59,448 |
| 2017 | University Of TorontoProfessor of Economics | $441,261 | $0 | +$20,913 |
| 2016 | University Of TorontoProfessor of Economics | $420,348 | $239 | +$9,267 |
| 2015 | University Of TorontoProfessor Of Economics | $411,082 | $283 | −$63,104 |
| 2014 | University Of TorontoProfessor of Economics | $474,186 | $306 | +$70,134 |
| 2013 | University Of TorontoProfessor and Chair of Economics | $404,051 | $306 | +$39,061 |
| 2012 | University Of TorontoProfessor and Chair of Economics | $364,990 | $306 | −$14,032 |
| 2011 | University Of TorontoProfessor and Chair of Economics | $379,022 | $306 | −$27,002 |
| 2010 | University Of TorontoProfessor and Chair of Economics | $406,024 | $489 | +$76,595 |
| 2009 | University Of TorontoProfessor and Chair of Economics | $329,429 | $672 | +$31,284 |
| 2008 | University Of TorontoProfessor/Chair, Economics | $298,145 | $672 | +$44,363 |
| 2007 | University Of TorontoProfessor/Chair, Economics | $253,782 | $672 | +$17,644 |
| 2006 | University Of TorontoProfessor & Chair of Economics | $236,137 | $710 | +$38,033 |
| 2005 | University Of TorontoProfessor/Chair, Economics | $198,104 | $789 | +$2,986 |
| 2004 | University Of TorontoProfessor/Chair, Economics | $195,118 | $875 | +$11,916 |
| 2003 | University Of TorontoProf. & Chair, Economics | $183,202 | $708 | +$20,041 |
| 2002 | University Of TorontoProfessor & Assistant Chair of Economics | $163,161 | $687 | +$17,794 |
| 2001 | University Of TorontoProfessor & Assistant Chair, Economics | $145,367 | $658 | −$546 |
| 2000 | University Of TorontoProfessor & Assistant Chair of Economics | $145,913 | $641 | +$13,125 |
| 1999 | University Of TorontoProfessor of Economics | $132,788 | $632 | +$6,794 |
| 1998 | University Of TorontoProfessor of Economics | $125,993 | $621 | −$6,488 |
| 1997 | TorontoProf. of Economics · moved here | $132,482 | $607 | +$12,955 |
| 1996 | University Of TorontoProfessor of Economics | $119,527 | $603 |
Years at different employers were matched because the name appears once on each year’s list with the same job or sector. 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