Varouj Aivazian appears on the Ontario Sunshine List with a 2025 disclosed salary of $444,490. Varouj is listed as Professor, Department of Economics at University Of Toronto, in the Universities sector.
Varouj has appeared on the Ontario Public Sector Salary Disclosure every year from 1996 through 2025 — 30 consecutive years. Their reported salary has grown from $119,527 in 1996 to $444,490 in 2025 — a 271.9% change over 29 years.
Within the Universities sector that year, Varouj's $444,490 placed them in the 100th percentile (sector average: $165,197). Across the entire 2025 disclosure, this places them in the top 1% of all disclosed earners that year.
The interactive timeline and year-by-year breakdown below show every year Varouj has been disclosed under the Ontario Public Sector Salary Disclosure.
Data sourced from the Ontario Public Sector Salary Disclosure. This site is independent and not affiliated with any government. Always verify against the official source.
$444K
Current Salary
2025
30
Years on List
1996–2025
+271.9%
Salary Growth
1996–2025
+$37,790 vs previous year
Sector avg $165,197 · Range $100K\u2013$657K
Earns more than 100% of disclosed employees.
2025
Professor, Department of Economics
University Of Toronto
$444,490
+$37,790
2024
Professor, Department of Economics
University Of Toronto
$406,700
-$52,843
2023
Professor, Department of Economics
University Of Toronto
$459,543
+$36,248
2022
Professor, Department of Economics
University Of Toronto
$423,295
-$2,835
2021
Professor, Department of Economics
University Of Toronto
$426,130
+$1,237
2020
Professor, Department of Economics
University Of Toronto
$424,892
+$4,479
2019
Professor of Economics
University Of Toronto
$420,414
+$38,601
2018
Professor of Economics
University Of Toronto
$381,813
-$59,448
2017
Professor of Economics
University Of Toronto
$441,261
+$20,913
2016
Professor of Economics
University Of Toronto
$420,348
+$9,267
2015
Professor Of Economics
University Of Toronto
$411,082
-$63,104
2014
Professor of Economics
University Of Toronto
$474,186
+$70,134
2013
Professor and Chair of Economics
University Of Toronto
$404,051
+$39,061
2012
Professor and Chair of Economics
University Of Toronto
$364,990
-$14,032
2011
Professor and Chair of Economics
University Of Toronto
$379,022
-$27,002
2010
Professor and Chair of Economics
University Of Toronto
$406,024
+$76,595
2009
Professor and Chair of Economics
University Of Toronto
$329,429
+$31,284
2008
Professor/Chair, Economics
University Of Toronto
$298,145
+$44,363
2007
Professor/Chair, Economics
University Of Toronto
$253,782
+$17,644
2006
Professor & Chair of Economics
University Of Toronto
$236,137
+$38,033
2005
Professor/Chair, Economics
University Of Toronto
$198,104
+$2,986
2004
Professor/Chair, Economics
University Of Toronto
$195,118
+$11,916
2003
Prof. & Chair, Economics
University Of Toronto
$183,202
+$20,041
2002
Professor & Assistant Chair of Economics
University Of Toronto
$163,161
+$17,794
2001
Professor & Assistant Chair, Economics
University Of Toronto
$145,367
-$546
2000
Professor & Assistant Chair of Economics
University Of Toronto
$145,913
+$13,125
1999
Professor of Economics
University Of Toronto
$132,788
+$6,794
1998
Professor of Economics
University Of Toronto
$125,993
-$6,488
1997
Prof. of Economics
Toronto
$132,482
+$12,955
1996
Professor of Economics
University Of Toronto
$119,527