Thread by @DocNick8

🧵#Canada's politicians have been talking a lot about #affordablehousing.

But, to quote @ronmortgageguy "All Levels Of Government Talk About AFFORDABLE Housing But None Of Them Will Ever Say Houses Prices Must Come DOWN"

Why is this? Could there be a conflict of interest?

Below is a list of #Ontario politicians that meet 1 or more of the following criteria:

1) #residentialrental property that they earn an income from
2) residential rental property without disclosing any income
3) non-residential property
4) other involvement in #realestate

@ScottAAitchison
@Shafqat_Ali_1
@gary_srp
@AryaCanada
@Tony_Baldinelli
@ColinCarrieCPC
@handongontario
#TerryDowdall
@AliEhsassi
#NathanielErskineSmith
@PeterFonsecaMP
@pfragiskatos
@cafreeland
@MarkGerretsen
#PatriciaHajdu

@HonAhmedHussen
@MajidJowhari
@iamIqraKhalid
@KamalKheraLib
@mflalonde
@MelissaLantsman
@PLawrenceMP
@ChrisLewisEssex
@LeslynLewis
@j_maloney
@JohnMcKayLib
@JenOConnell_
@erinotoole
@PierrePoilievre
@MarcusPowlowski
@ScottReidCPC
@Lianne_Rood
@AnthonyRota
@Jamie_Schmale

@kyleseeback
@JudySgroMP
@DougShipleyBSOM
@SoniaLiberal
#FrancescoSorbara
@Leah_Taylor_Roy
@TonyVanBynen
@vankayak
@KevinVuongMP
@Ryan_r_Williams
@JeanYip3
@SalmaZahid15

All of this information can be found on the website pages of @EthicsCanada, which is #Canadian governments Conflict of Interest and Ethics Commissioner. The annual review was completed 2 days ago.

Let's take the time to go through each MPs disclosures, posted below one by one.

@ScottAAitchison:

Last 12 months:
Employment income from Coldwell Banker Thompson Real Estate

@Shafqat_Ali_1

Last and Next 12 months
Commission income from Shafqat Ali Realty Inc.

Liabilities

Mortgage with RBC Royal Bank
Car loan with Mercedes-Benz financial

Investment in Private Corporations

Controlling interest in Shafqat Ali Realty Inc.

@gary_srp -- too much to list! See link: prciec-rpccie.parl.gc.ca/EN/PublicRegis…

@AryaCanada
Sole ownership of a rental property located on Lindenshade Drive, Ottawa, Ontario
Joint ownership with spouse of a rental property located on Bayrose Drive, Ottawa, Ontario

Other Sources of Income

Last and next 12 months: Rental income, joint with spouse

@Tony_Baldinelli
Joint ownership, with other individuals, of a rental farmland located on Lundy’s Lane, Niagara Falls City, Ontario

@ColinCarrieCPC
Joint ownership with spouse of an investment property on Taylor Avenue, Oshawa, Ontario

Last 12 months:
Rental income from rental property

Next 12 months:
Rental income from rental property

3 mortgages with Scotiabank

@handongontario
Last 12 Months:
Rental Income

#TerryDowdall

Assets

Mortgage loan granted to a third party
Shares of Bank of Nova Scotia

Spouse's/Common-Law Partner's assets

Controlling interest in 2078875 Ontario Inc., a real estate holding company

Liabilities

Two mortgages, joint with spouse, with RBC

@AliEhsassi
Last & Next 12 months:
Rental income

Spouse's/Common-Law Partner's source(s) of income

Last & Next 12 months:
Rental income

Liabilities

Two mortgages with CMLS Financial, joint with spouse
Construction loan with The Goode Condos

#NathanielErskineSmith

Spouse's/Common-Law Partner's source(s) of income

Last 12 months:
Rental income from investment property

Next 12 months:
Rental income from investment property

@PeterFonsecaMP
Joint ownership with spouse of three investment properties located on:
- Elm Drive in Mississauga, Ontario
- Oriole Parkway in Toronto, Ontario
- Tullis Drive in Toronto, Ontario

@pfragiskatos
Joint ownership of a vacant land located on Concession 5 in Exeter, Ontario

@cafreeland
Three mortgages with Nationwide Building Society, joint with spouse
Mortgage with HSBC Canada

Other Sources of Income

Last and next 12 months: income from the rental properties, joint with spouse

@MarkGerretsen -- too much to list! See link: prciec-rpccie.parl.gc.ca/EN/PublicRegis…

#PatriciaHajdu
Sole ownership of a rental property on First Avenue, Thunder Bay, Ontario

@HonAhmedHussen
Rental property located on Quest Private, Ottawa, Ontario
Two mortgages with CIBC

@MajidJowhari

Spouse's/Common-Law Partner's assets

Sole ownership of a rental property located on Bogert Avenue, Toronto, Ontario

@iamIqraKhalid
Sole owner of a rental property located on Colonial Drive in Mississauga, Ontario
Mortgage with CIBC and Scotiabank

I'm at @Twitter's thread limit, so I will continue this list in another post.
What do you think of 🇨🇦MPs having these conflicts of interests? Comment below!

@RE_MarketWatch @therealhebrahim @ManyBeenRinsed @REWoman @CBCToronto @nationalpost

@KamalKheraLib
Mortgage with National Bank

Spouse's/Common-Law Partner's liabilities

Two mortgages with RBC, joint with another individual

@mflalonde -- to much to list all! See link: prciec-rpccie.parl.gc.ca/EN/PublicRegis…
Last and next 12 months:
Rental income from investment property
Three Mortages joint with spouse, TD Bank

@PLawrenceMP
Joint ownership with spouse of land used for commercial purposes in Orono, Ontario

@ChrisLewisEssex
Sole ownership of an investment property located on Road 2 West, Kingsville Ontario

@LeslynLewis
2 mortgages with Royal Bank of Canada, one solely held and the other jointly held with spouse

Controlling interest in 26562464 Ontario Inc, a real estate holding company

@j_maloney
Allied Properties Real Estate Investment Trust Units

Spouse's/Common-Law Partner's assets

Choice Properties REIT Trust Units
Crombie Real Estate Investment Trust Units
SmartCentres Real Estate Investment Trust Units

@JohnMcKayLib
Arms’ length mortgages with Canadian Western Trust
Joint ownership with spouse and Team Winter Inc. of a rental property located on Albert Street, Uxbridge, Ontario
Sole ownership of a rental property located on Placid Lane, Haliburton, Ontario

@JenOConnell_
Sole owner of a rental property located on Cumberland Lane, Ajax, Ontario

Last and next 12 months: rental income
Two HELOCs w/ Bank of Montreal

@erinotoole
Last 12 months:
Rental income

@PierrePoilievre
- Owner of rental property on Lakes Park Drive in Ottawa, ON
- Spouse: owner of a rental property on Lakeridge Drive in Ottawa, ON
- Next 12 months: Rental income
- Joint ownership of Liberty West Properties Inc., a private real estate investment company in AB

@ScottReidCPC - too much to list! prciec-rpccie.parl.gc.ca/EN/PublicRegis…
Sole ownership of 2602435 Ontario Ltd., a real estate holding company located in Perth, Ontario
Spouse's Last & Next 12 months:
Income from four rental properties & one investment property

@Lianne_Rood
Sole ownership of a rental property at Grand Bend, Ontario
Other Sources of Income
Last and next 12 Months:
Rental income

@AnthonyRota
Sole ownership of a rental property located on Worthington Street West, North Bay, Ontario
Sole ownership of vacant land located on Airport Road, North Bay, Ontario
Last & Next 12 months:
Income from rental properties

@Jamie_Schmale
Sole ownership of two rental properties located on Glenelg Street, Lindsay, Ontario
Sole ownership of a rental property located on St. Patrick Street, Lindsay, Ontario
Joint ownership with individual of a rental property on Victoria Avenue North, Lindsay, Ontario

@kyleseeback
Sole ownership of a rental property in Highlands East, Ontario

@DougShipleyBSOM
Joint ownership with spouse of Wylu Holdings Inc, a real estate holding company which has an interest in the following:
- M Residential LP
- 27880530 Ontario Inc.
- DBA 1000260018 Ontario Inc.
- Bedrock Mortgage Investment Inc.
- Contemporary Investments Corp

@SoniaLiberal
Joint ownership, with spouse, of the following rental properties:
- Cavanagh Lane, Milton, Ontario
- Perkshire Lane, Orlando, Florida, United States
Joint ownership with another individual of a rental property located on Four Springs Avenue, Mississauga, Ontario

#FrancescoSorbara
Sole ownership of a rental property located on Fielding Avenue in Toronto, Ontario
Last and next 12 months: rental income

@Leah_Taylor_Roy
Sole ownership of rental property located on Cumberland Avenue, Toronto, Ontario
Last and next 12 months: Rental income

@TonyVanBynen
Shareholder loan to Mylestone 17 Cottage Inc. -- Rental Property -- mylestone17.com
Spouse's/Common-Law Partner's investment in private corporations
Significant interest in Mylestone 17 Cottage Inc., a management company located in Newmarket, Ontario

@vankayak
Co-ownership with another individual of a rental property located in Milton, Ontario
Sole ownership of rental property located on King Street West, Toronto, Ontario
Last & Next 12 Months: Rental Income
2 Mortgages, 1 HELOC

@KevinVuongMP
Shares in Choice Properties REIT

@Ryan_r_Williams
Two mortgages with CIBC, joint with spouse
Mortgage with TD Canada Trust, joint with spouse
Last 12 months
Business income from Williams Hotels (2002) Inc. -- datanyze.com/companies/will…

@JeanYip3
Sole ownership of 3 rental properties located on:
- Bayview Avenue, North York, Ontario
- Elizabeth Street, Toronto, Ontario
- Bamburgh Circle, Scarborough, Ontario

Sole ownership of a basement rental unit located in Toronto, ON

Last & next 12 months: Rental income

@SalmaZahid15
Joint ownership with spouse of a rental unit located in Scarborough, Ontario
Last and next 12 months: rental income, joint with spouse
Mortgage, joint with spouse, with Home Trust Company
Mortgage, joint with spouse, with 8411379 Canada Inc.

That completes this 🧵of #onpoli who have conflicts of interest in #CanadianRealEstate, registered with @EthicsCanada.

Some great people to follow who are in this space:
@ronmortgageguy @therealhebrahim @StephenPunwasi @RE_MarketWatch @daniel_foch @mortimer_1 @ManyBeenRinsed