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Is My MP a Landlord?

Scott Reid

Conservative

Lanark—Frontenac

Ontario

  • Scott Reid is a landlord
    • ✅ Scott Reid has multiple properties.
    • ✅ Scott Reid collects rental income.
  • Scott Reid holds significant investments

Activities

Chairman of Giant Tiger Stores Ltd., Ottawa, Ontario

Secretary, Treasurer and Director of 670641 Ontario Ltd., Ottawa, Ontario

Treasurer and Director of Jascob Corporation, Ottawa, Ontario

Director of 2602435 Ontario Ltd., Perth, Ontario

Assets

Sole ownership of a residential rental unit located in Kanata, Ontario

Sole ownership of three residential rental units located in Perth, Ontario

Shares of Allstate Corporation

Shares of Berkshire Hathaway Inc Class A

Shares of BMO Aggregate Bond Index ETF

Shares of BMO Equal Weight US Health Care Hedged to CAD Index ETF

Shares of BMO Low Volatility Canadian Equity ETF

Shares of BMO Low Volatility US Equity ETF

Shares of Brookfield Corporation Class A Limited Voting shares

Shares of Brookfield Infrastructure Partners L.P.

Shares of Canadian Imperial Bank of Commerce

Shares of Canadian Imperial Bank of Commerce (traded on NYSE)

Shares of CIBC Canadian Energy Select Index (AR) Autocallable Coupon Notes, Series 121

Shares of Canadian National Railway Company

Shares of Canadian Tire Corporation Limited Class A Non-Voting Shares

Shares of CGI Inc. Class A Subordinate Voting Shares

Shares of Constellation Software Inc.

Shares of Dollarama Inc.

Shares of Enbridge Inc.

Shares of George Weston Ltd.

Shares of Gildan Activewear Inc.

Shares of Great-West Lifeco Inc.

Shares of Healthpeak Properties Inc.

Shares of Intact Financial Corporation

Shares of InterRent Real Estate Investment Trust

Shares of iShares Core Canadian Universe Bond Index ETF

Shares of iShares Core MSCI EAFE IMI Index ETF

Shares of iShares Core S&P/TSX Capped Composite Index ETF

Shares of iShares Jantzi Social Index ETF

Shares of iShares MSCI Min Vol EAFE Index ETF

Shares of The Keg Royalties Income Fund Trust

Shares of Loblaw Companies Ltd.

Shares of Magna International Inc.

Shares of Manulife Financial Corporation

Shares of Metro Inc.

Shares of Nutrien Ltd.

Shares of Premium Brands Holdings Corporation

Shares of Royal Bank of Canada

Shares of South Bow Corporation

Shares of Stella-Jones Inc.

Shares of Sun Life Financial Inc.

Shares of TC Energy Corporation

Shares of TELUS Corporation

Shares of Toromont Industries Ltd.

Shares of Toronto-Dominion Bank

Shares of Vanguard Canadian Short-Term Corporate Bond Index ETF

Shares of Vanguard FTSE Developed All Cap Ex U.S. Index ETF

Shares of Vanguard FTSE Global All Cap ex Canada Index ETF

Shares of Vanguard S&P 500 Index ETF

Shares of Vanguard U.S. Total Market Index ETF

Disclosure of a Private Interest

Please see attached letter.

Investment in Private Corporations

Controlling ownership of 2602435 Ontario Ltd., a real estate holding company located in Perth, Ontario

Significant ownership interest in Jascob Corporation, an investment holding company located in Ottawa, Ontario

Significant ownership interest in 670641 Ontario Ltd., a holding company located in Ottawa, Ontario. 670641 Ontario Ltd. has a controlling interest in Giant Tiger Stores Limited, a private retail company located in Ottawa, Ontario

Other Sources of Income

Last 12 months:

Remuneration from 670641 Ontario Ltd. for directorship of Giant Tiger Stores Ltd.

Rental income

Next 12 months:

Remuneration from 670641 Ontario Ltd. for directorship of Giant Tiger Stores Ltd.

Rental income

Spouse's/Common-Law Partner's activities

Director, Blueberry Creek Nature Centre, a not-for-profit organization operating as Blueberry Creek Forest School and Nature Centre, Perth, Ontario

Spouse's/Common-Law Partner's assets

Sole ownership of two residential rental units located in Smiths Falls, Ontario

Sole ownership of a residential rental unit located in Kissimmee, Florida

Sole ownership of an investment property located in Perth, Ontario

Spouse's/Common-Law Partner's liabilities

Mortgage with TD Bank

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

Last 12 months:

Rental income

Next 12 months:

Rental income

Trusts

I am a contingent beneficiary of the Gordon Reid (2016) Trust. This trust has holdings in 670641 Ontario Ltd. This trust was 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 this trust, including disbursement of assets, for the purpose of financing a nomination contest, a leadership contest or an electoral campaign.

Scott Reid VS Average MP Contract Spending

(April 1, 2024 - March 31, 2025)

Scott Reid is in the upper 75% of MP Contract Spending.

Top 5 Contract Expense Categories by Total Spend

(April 1, 2024 - March 31, 2025)

1. 🔴 Subject Matter Expert: $88,236.63
2. 🔵 Constituency Office Rental and Related Fees: $24,750
3. 🟡 External Printing Costs: $8,637.4
4. 🟠 Public Utilities: $3,917.72
5. 🟣 Janitorial Services and Maintenance: $3,794.97
🟢 All Other Expenses: $20,079.67

Top 5 Sources Paid by Total Spending

(April 1, 2024 - March 31, 2025)

Top 5 Largest Individual Line Items

(April 1, 2024 - March 31, 2025)