53 Result(s) — page 1 of 2
Minister of Finance
Office of the Minister of Finance and National Revenue
Minister of Finance
Member of Parliament
Liberal Party of Canada
Member of Parliament
Constituency: Saint-Maurice—Champlain
Full-time Member
Federal Public Sector Labour Relations and Employment Board
Full-time Member
Line of credit with RBC
Personal loan with National Bank
Line of credit with National Bank
RBC Homeline Plan
Assets
Co-owner of a rental property located in London, UK
Sole owner of a rental property located in London, UK
Trusts
I am a beneficiary of the François-Philippe Champagne Trust, François-Philippe Champagne Trust 2 as well as a (potential) beneficiary of the Gilles Champagne Family Trust, which are all discretionary family trusts that own interests in private corporations, and for which I am ordered, as required by paragraph 41.3 (2) of the Parliament of Canada Act, by the Conflict of Interest and Ethics Commissioner not to derive any income from the trusts, including disbursement of assets, for the purpose of financing a nomination contest, a leadership contest or an electoral campaign pursuant to the Canada Elections Act.
Other Sources of Income
Last 12 months:
- Rental income
Next 12 months:
- Rental income
Liabilities
RBC Homeline Plan
Line of credit with RBC
Line of credit with National Bank
Personal loan with National Bank
Mortgage with Desjardins
Assets
Co-owner of a rental property located in London, UK
Sole owner of a rental property located in London, UK
Trusts
I am a beneficiary of the François-Philippe Champagne Trust, François-Philippe Champagne Trust 2 as well as a (potential) beneficiary of the Gilles Champagne Family Trust, which are all discretionary family trusts that own interests in private corporations, and for which I am ordered, as required by paragraph 41.3 (2) of the Parliament of Canada Act, by the Conflict of Interest and Ethics Commissioner not to derive any income from the trusts, including disbursement of assets, for the purpose of financing a nomination contest, a leadership contest or an electoral campaign pursuant to the Canada Elections Act.
Other Sources of Income
Next 12 months:
- Rental income
- Interest income from a personal loan to an individual
Last 12 months:
- Rental income
- Interest income from a personal loan to an individual
Liabilities
Mortgage with the Royal Bank of Canada
Line of credit with the Royal Bank of Canada
Two lines of credit with National Bank
Personal loan with National Bank
Mortgage with Desjardins
Conflict of interest screens are preventive compliance measures, agreed upon pursuant to section 29 of the Conflict of Interest Act (Act) by public office holders and the Conflict of Interest and Ethics Commissioner, to assist them in avoiding conflicts of interest. Screens also seek to minimize the possibility of conflicts arising between the public duties of the public office holder and their private interests or those of their relatives and friends.
The Conflict of Interest and Ethics Commissioner and I have agreed that a conflict of interest screen is an appropriate compliance measure for me, aimed at preventing any opportunity to further the private interests of my father, President of the Board of Directors of Bionest Technologies, of Bionest Technologies, its subsidiaries, affiliates and associates, while I exercise my official powers, duties and functions as a reporting public office holder.
Accordingly, I have agreed to recuse myself from any discussion or decision in relation to my father or to Bionest Technologies, its subsidiaries, affiliates and associates. I understand that recusal means I must remove myself from the room, physically or virtually as the case may be.
I also agree not to have any communication with government officials in relation to any matter or decision-making processes which I or my administrator know or reasonably should know to affect my father’s private interest.
This screen is co-administered by my Chief of Staff and Deputy Minister to ensure that I am neither made aware of nor participate in any official matters or decision-making processes involving my father's private interests, unless the interest relates to a decision or matter that is of general application. I will participate in decisions or matters of general application and those that may affect my father's private interests as a member of a broad class of persons unless those interests are disproportionate to the other members of the class.
Moreover, all powers, duties and functions on matters that form part of this screen will be exercised by the Secretary of State (Canada Revenue Agency and Financial Institutions).
The Prime Minister, the Clerk of the Privy Council and Secretary to Cabinet, Parliamentary Secretary, as well as the members of my ministerial staff have been duly informed in writing of this conflict of interest screen.
I have undertaken to inform the Conflict of Interest and Ethics Commissioner at the earliest opportunity of all changes of which I become aware that relate to or should form part of the above list of matters caught by this screen.
In the event that I am made aware of a matter forming part of this screen or any such matter comes before me, I am required under section 21 of the Act to recuse myself from that matter, by leaving the room or the virtual meeting where the discussion and decision making is taking place. I must inform the Conflict of Interest and Ethics Commissioner and, where appropriate, make a public declaration of recusal pursuant to subsection 25(1) of the Act.
Travel on a non-commercial chartered or private aircraft
Flight: From Montreal to Toronto
Date: 2022-08-22
Offered by: Government of Germany
Circumstances: I travelled on the same plane as the German delegation from Montreal to Toronto.
This flight was required in my official capacity as Minister of Innovation, Science and Industry and was pre-approved by the commissioner.
I am a beneficiary of the François-Philippe Champagne Trust, a discretionary family trust, which owns interests in Financière Fragimi inc.
Notice of Material Change
Date: 2020.12.21
Mortgage with Desjardins
Assets
Co-owner of a rental property located on Paul Street in London, UK
Sole owner of a rental property located on Garway Road in London, UK
Trusts
I am a beneficiary of the François-Philippe Champagne Trust, François-Philippe Champagne Trust 2 as well as a (potential) beneficiary of the Gilles Champagne Family Trust, which are all discretionary family trusts that own interests in private corporations, and for which I am ordered, as required by paragraph 41.3 (2) of the Parliament of Canada Act, by the Conflict of Interest and Ethics Commissioner not to derive any income from the trusts, including disbursement of assets, for the purpose of financing a nomination contest, a leadership contest or an electoral campaign pursuant to the Canada Elections Act.
Other Sources of Income
Next 12 months:
- Rental income
- Interest income from a personal loan to an individual
Last 12 months:
- Rental income
- Interest income from a personal loan to an individual
Liabilities
Mortgage with the Royal Bank of Canada
Line of credit with the Royal Bank of Canada
Two lines of credit with National Bank
Personal loan with National Bank
Mortgage with Desjardins
On February 3, 2022, in the exercise of my official power, duties and functions, I delegated my statutory responsibility to make a determination of likely net benefit regarding the proposed acquisition of Baylis Medical Company Inc. by Boston Scientific Medical Device (Canada) Inc. under the Investment Canada Act, so as to avoid the perceived appearance of conflict of interest in connection with Mr. Frank Baylis, an acquaintance of mine as a former caucus colleague from 2015 to 2019. I have delegated my authority on this matter to the current Director of Investments, the Deputy Minister for Innovation, Science and Economic Development.
Even though no conflict of interest has arisen as of the date of this Agreed Compliance Measure, the Conflict of Interest and Ethics Commissioner has determined, subsequent to a consultation at the initiative of my office, that a conflict of interest screen is required in order to avoid the perception of preferential treatment and prevent a conflict of interest situation from arising in the exercise of my duties as a Minister of the Crown. The conflict of interest screen is a preventive measure to assist with my obligation not to participate in any discussion, decision, debate or vote on any matters, other than those of general application or that affect me as one of a broad class of persons, relating to my father, President of the Board of Directors of Bionest Technologies, and to Bionest Technologies, its subsidiaries, affiliates and associates.
Accordingly, a conflict of interest screen has been established and will be administered by my Chief of Staff and Deputy Minister to ensure that I do not participate in any discussions or decision-making processes and any communication with government officials in relation to any matter or issue forming part of the subject matter of the conflict of interest screen.
I have undertaken to inform the Conflict of Interest and Ethics Commissioner of all matters of which I become aware that relate to or should form part of the subject matter of the conflict of interest screen, in order to prevent a conflict of interest.
In the event that any issue or matter subject to the conflict of interest screen is not caught by the screen and comes before me, I am required under section 21 of the Conflict of Interest Act to recuse myself from that issue or matter and inform the Conflict of Interest and Ethics Commissioner.
The Prime Minister of Canada, the Clerk of the Privy Council and Secretary to Cabinet, Parliamentary Secretary, as well as the members of my ministerial staff have been duly informed in writing of this conflict of interest screen.
Co-owner of a rental property located on Paul Street in London, UK
Sole owner of a rental property located on Garway Road in London, UK
Mortgage with the Royal Bank of Canada
Line of credit with the Royal Bank of Canada
Two lines of credit with National Bank
Personal loan with National Bank
Assets
Co-owner of a rental property located on Paul Street in London, UK
Sole owner of a rental property located on Garway Road in London, UK
Trusts
I am a beneficiary of the François-Philippe Champagne Trust, François-Philippe Champagne Trust 2 as well as a (potential) beneficiary of the Gilles Champagne Family Trust and Fragimi Inc. Trust, which are all discretionary family trusts that own interests in private corporations, and for which I am ordered, as required by paragraph 41.3 (2) of the Parliament of Canada Act, by the Conflict of Interest and Ethics Commissioner not to derive any income from the trusts, including disbursement of assets, for the purpose of financing a nomination contest, a leadership contest or an electoral campaign pursuant to the Canada Elections Act.
Other Sources of Income
Last 12 months:
- Rental income
- Interest income from a personal loan to an individual
- Dividends from the François-Philippe Champagne Family Trust
Next 12 months:
- Rental income
- Interest income from a personal loan to an individual
- Dividends from the François-Philippe Champagne Family Trust
Liabilities
Mortgage with the Royal Bank of Canada
Line of credit with the Royal Bank of Canada
Two lines of credit with National Bank
Personal loan with National Bank
ASSETS [Paragraph 24(1)(a)]
Interests in Tamago and ImmerVision no longer exist
LIABILITIES [Paragraph 24(1)(a)]
Mortgage with the Caisse Desjardins has been paid in full
Two mortgages with Bank of China (UK) Ltd. have been replaced by two lines of credit and a personal loan with National Bank
Even though no conflict of interest has arisen as of the date of this Agreed Compliance Measure, the Conflict of Interest and Ethics Commissioner has determined, subsequent to a consultation at the initiative of my office, that a conflict of interest screen is required in order to avoid the perception of preferential treatment and prevent a conflict of interest situation from arising in the exercise of my duties as Minister of Foreign Affairs. The conflict of interest screen is a preventive measure to assist with my obligation not to participate in any discussion, decision, debate or vote on any matters, other than those of general application or that affect me as one of a broad class of persons, relating to my father, President of Bionest Technologies, and to Bionest Technologies, its subsidiaries, affiliates and associates.
Accordingly, a conflict of interest screen has been established and will be administered by my Chief of Staff and the Deputy Minister of Foreign Affairs to ensure that I do not participate in any discussions or decision-making processes and any communication with government officials in relation to any matter or issue forming part of the subject matter of the conflict of interest screen.
I have undertaken to inform the Conflict of Interest and Ethics Commissioner of all matters of which I become aware that relate to or should form part of the subject matter of the conflict of interest screen, in order to prevent a conflict of interest.
In the event that any issue or matter subject to the conflict of interest screen is not caught by the screen and comes before me, I am required under section 21 of the Conflict of Interest Act to recuse myself from that issue or matter and inform the Conflict of Interest and Ethics Commissioner.
The Prime Minister of Canada, the Clerk of the Privy Council and Secretary to Cabinet, the Parliamentary Secretary to the Minister of Foreign Affairs, as well as the members of my ministerial staff have been duly informed in writing of this conflict of interest screen.
I am a beneficiary of the François-Philippe Champagne Trust 2, a discretionary family trust, which owns interests in the following private companies: 4164733 Canada inc., Gifran inc., Financière Fragimi inc., Financière CRP inc., Shalwin inc., 8464758 Canada inc., Capital Bionest inc., Technologies Bionest inc., 4164725 Canada inc., 9067-2098 Québec inc., Groupe 1890 Marie inc., Groupe Sérénité inc., 9200-9968 Québec inc., Bleu Kaki inc., Gaucham inc., Investissement GCG inc., Kinipi Spa Nordique inc., Hébergement Kinipi inc.
I am a beneficiary of the François-Philippe Champagne Trust, a discretionary family trust, which owns interests in the following private companies: Financière Fragimi inc., Financière CRP inc., Shalwin inc., 8464758 Canada inc., Capital Bionest inc., Technologies Bionest inc., 9067-2098 Québec inc., Groupe 1890 Marie inc., Groupe Sérénité inc., 9200-9968 Québec inc., Bleu Kaki inc., Hébergement Kinipi inc.