Disclosure Summary
As required under the Conflict of Interest Code for Members of the House of Commons
Statutory requirement(s):
23. (1) The Commissioner shall prepare a disclosure summary based on each Member’s statement filed under section 21 and submit it to the member for review.23.
(2) Each summary is to be placed on file at the office of the Commissioner and made available for public inspection during normal business hours, and posted on the website of the Commissioner. Each summary shall also be available to the public, on request, by fax or mail.
24. (1) The summary shall :
(a)
subject to subsection (3), set out the source and nature, but not the value, of the income, assets and liabilities referred to in the Member’s statement filed under section 20;(b)
identify any contracts or subcontracts referred to in paragraph 21(1)(c) and describe their subject-matter and nature;(c)
list the names of any affiliated corporations referred to in that statement; (d)
include a copy of any statements of disclosure filed by the Member under subsections 14(3), 15(1) and 21(3); (e)
list the positions and corporations, trade or professional associations and trade unions disclosed under paragraph 21(1)(e); and (f)
list any trusts disclosed under paragraph 21(1)(b.1).
Scott Reid
· Member of Parliament
No Longer Applicable
- Declaration type
- Disclosure Summaries (Code)
- Disclosure date
- September 25, 2018
- Regime
- Conflict of Interest Code for Members of the House of Commons
- Description
-
AssetsFour investment accounts with the National Bank Correspondent Network composed of publicly traded securitiesTFSA with CIBC Investor's Edge composed of publicly traded securitiesTwo investment accounts with CIBC Investor's Edge composed of publicly traded securitiesTrustsI am the sole beneficiary of The Scott Reid Trust. In addition, I could derive a benefit from The Gordon Reid Children's Trust and The Gordon Reid Family Trust. All of these trusts have holdings in 670641 Ontario Limited. These trusts were not established for political reasons and I am ordered by the Conflict of Interest and Ethics Commissioner, as required by paragraph 41.3 (1) (b) of the Parliament of Canada Act, not to derive any income from them, including disbursement of assets, for the purpose of financing a nomination contest, a leadership contest or an electoral campaign.Other Sources of IncomeLast 12 months:
Employment income from Giant Tiger Stores LimitedInterest and dividends from investmentsNext 12 months:
Employment income from Giant Tiger Stores LimitedInterest and dividends from investmentsLiabilitiesGuarantor for spouse's mortgage with the Bank of MontrealInvestment in Private CorporationsSignificant ownership interest in Jascob Corporation, an investment holding company located in Ottawa, OntarioControlling ownership interest of 2602435 Ontario Ltd., a real estate holding company located in Perth, OntarioActivitiesVice-Chairman of Giant Tiger Stores LimitedSecretary, Treasurer and Director of 670641 Ontario LimitedTreasurer and Director of Jascob CorporationDirector of 2602435 Ontario Ltd.Spouse's/Common-Law Partner's assetsSole ownership of a rental property located in Ottawa, OntarioSole ownership of a rental property located in Smiths Falls, OntarioSole ownership of a second rental property located in Smiths Falls, OntarioSole ownership of a rental property located in Perth, OntarioSole ownership of an investment property located in Perth, OntarioSole ownership of vacant land located in Perth, OntarioTwo investment accounts with TD Direct Investing composed of publicly traded securitiesTFSA with CIBC Investor's Edge composed of publicly traded securitiesSpouse's/Common-Law Partner's source(s) of incomeLast 12 months :
Income from four rental propertiesInterest and dividends from investmentsNext 12 months:
Income from four rental propertiesInterest and dividends from investmentsSpouse's/Common-Law Partner's liabilitiesMortgage with the Bank of MontrealMortgage on another property with TD BankSpouse's/Common-Law Partner's activitiesDirector of Blueberry Creek Nature Centre, a not-for-profit organization operating as Blueberry Creek Forest School and Nature Centre in Perth, OntarioMember of the Board of Directors of the Table, a community food centre located in Perth, Ontario