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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).
Ted Falk · Member of Parliament
No Longer Applicable
Declaration type
Disclosure Summaries (Code)
Disclosure date
April 30, 2014
Regime
Conflict of Interest Code for Members of the House of Commons
Description
Assets
Owner, jointly with spouse, of an investment account with Credential Securities composed of publicly traded securities
Investment account with TD Waterhouse composed of publicly traded securities
Owner, jointly with spouse, of four vacant lots located in the rural municipalities of Hanover, Ste. Anne, LaBroquerie, Manitoba
Trusts
I am co-trustee and a potential (actual) beneficiary of the TJ Falk Family Trust, jointly with spouse, which was not established for political purposes, and for which I have been ordered, as required by paragraph 41.3 (1) (a) of the Parliament of Canada Act, by the Conflict of Interest and Ethics Commissioner not to derive any income from the trust, including disbursement of assets, the purpose of financing a nomination contest, a leadership contest or an electoral campaign
Other Sources of Income
Employment income from Diamond Ready Mix Concrete Ltd
Income from directorship of Steinbach Credit Union Ltd
Interest income, jointly with spouse, from shareholder loan to Diamond Ready Mix Concrete Ltd
Gravel royalties, jointly with spouse, from vacant lots
Investment in Private Corporations
67% interest in Diamond Ready Mix Concrete Ltd. a corporation specializing in heavy construction
33% interest, jointly with spouse and other individual, in White Shepherd Holdings Ltd., a corporation which owns land
Sole ownership interest in 5868891 Manitoba Inc. an investment corporation
12% interest in Gamma Investments Inc., an investment corporation
Activities
Director and President of Diamond Ready Mix Concrete Ltd
Director and President of White Shepherd Holdings Ltd
Director of Steinbach Credit Union Ltd
Director, President and Secretary of 5868891 Manitoba Ltd
Director and President of Gamma Investments Inc.
Spouse's/Common-Law Partner's source(s) of income
Employment income from White Stone Construction Ltd
Spouse's/Common-Law Partner's investment in private corporations
67% interest in White Stone Construction Ltd. an aggregate processing corporation
Spouse's/Common-Law Partner's activities
Director and President of White Stone Construction Ltd
Director and Secretary of White Shepherd Holdings Ltd
Disclosed on April 30, 2014