MPPs disclose! Here’s what we learned from the integrity commissioner’s mandatory disclosures documents that were tabled yesterday afternoon 👇🏼:
The number of landlords in the legislature is up from last year. Now, 28 MPPs — or nearly a quarter of the house — are declaring rental income on their disclosures, including 18 PCs (up seven), seven New Democrats, two Liberals (up one) and Roman Baber.
New Blue MPP Belinda Karahalios, who is currently barred from the legislature for 90 days for being unvaccinated and catching Covid, declared investment shares in Novavax Inc., a biopharma firm that develops and sells Covid vaccines.
She did not declare that asset in 2020.
She did not declare that asset in 2020.
PC MPP Goldie Ghamari got in on the GameStop trend and owns shares of the meme stock.
Her fellow PC benchmate Vijay Thanigasalam added cryptocurrency to his portfolio in 2021.
Her fellow PC benchmate Vijay Thanigasalam added cryptocurrency to his portfolio in 2021.
You can peruse the filings here. pds.oico.on.ca/Pages/Public/P…
From what I can tell, the legislature's most prolific landlord is PC MPP Stan Cho. He owns four investment properties in Toronto.
He is also the person fighting the modular supportive housing in Willowdale that the feds already paid for. And his parents own a golf course.
He is also the person fighting the modular supportive housing in Willowdale that the feds already paid for. And his parents own a golf course.
And when it comes to Ghamari and Karahalios, I will note GameStop and Novavax aren't part of broad portfolios for them.
They are the only individual stocks they each own.
They are the only individual stocks they each own.
Karahalios’ office has responded to my questions about her holdings with the follow statement, which, among other things blames Brian Lilley for my reporting.
She also says she lost $6,000 on her Novavax shares and has since sold them.
She wanted to support the company because she thinks its Covid vaccine is more ethical that mRNA and others.
She wanted to support the company because she thinks its Covid vaccine is more ethical that mRNA and others.
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