Is My MP a Landlord?

François-Philippe Champagne
Liberal
Saint-Maurice—Champlain
Quebec
- François-Philippe Champagne is a Home Owner
- François-Philippe Champagne is a Landlord.
- François-Philippe Champagne holds significant investments.
Agreed Compliance Measures
Mortgage with the Royal Bank of Canada
Line of credit with the Royal Bank of Canada
Two lines of credit with National Bank
Personal loan with National Bank
Mortgage with Desjardins
Assets
Co-owner of a rental property located in London, UK
Sole owner of a rental property located in London, UK
Gifts
Even though no conflict of interest has arisen as of the date of this Agreed Compliance Measure, the Conflict of Interest and Ethics Commissioner has determined, subsequent to a consultation at the initiative of my office, that a conflict of interest screen is required in order to avoid the perception of preferential treatment and prevent a conflict of interest situation from arising in the exercise of my duties as a Minister of the Crown. The conflict of interest screen is a preventive measure to assist with my obligation not to participate in any discussion, decision, debate or vote on any matters, other than those of general application or that affect me as one of a broad class of persons, relating to my father, President of the Board of Directors of Bionest Technologies, and to Bionest Technologies, its subsidiaries, affiliates and associates.
Accordingly, a conflict of interest screen has been established and will be administered by my Chief of Staff and Deputy Minister to ensure that I do not participate in any discussions or decision-making processes and any communication with government officials in relation to any matter or issue forming part of the subject matter of the conflict of interest screen.
I have undertaken to inform the Conflict of Interest and Ethics Commissioner of all matters of which I become aware that relate to or should form part of the subject matter of the conflict of interest screen, in order to prevent a conflict of interest.
In the event that any issue or matter subject to the conflict of interest screen is not caught by the screen and comes before me, I am required under section 21 of the Conflict of Interest Act to recuse myself from that issue or matter and inform the Conflict of Interest and Ethics Commissioner.
The Prime Minister of Canada, the Clerk of the Privy Council and Secretary to Cabinet, Parliamentary Secretary, as well as the members of my ministerial staff have been duly informed in writing of this conflict of interest screen.
Liabilities
Obligation to provide a confidential report has been met and all initial reporting and compliance measures have been taken to comply with the Conflict of Interest Act.
Other Sources of Income
Next 12 months:
- Rental income
- Interest income from a personal loan to an individual
Summary Statement
Last 12 months:
- Rental income
- Interest income from a personal loan to an individual
Travel
Gift (Act)
Nature
One ticket to attend "An evening with the Rt. Hon. Jean Chrétien" on June 6, 2023 at the National Arts Centre in Ottawa, Ontario
Source
The Pearson Centre for Progressive Policy
Circumstances
Invited to honor the 60th anniversary of political involvement of the Right Honorable Jean Chrétien
Trusts
I am a beneficiary of the François-Philippe Champagne Trust, François-Philippe Champagne Trust 2 as well as a (potential) beneficiary of the Gilles Champagne Family Trust, which are all discretionary family trusts that own interests in private corporations, and for which I am ordered, as required by paragraph 41.3 (2) of the Parliament of Canada Act, by the Conflict of Interest and Ethics Commissioner not to derive any income from the trusts, including disbursement of assets, for the purpose of financing a nomination contest, a leadership contest or an electoral campaign pursuant to the Canada Elections Act.