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At least 20% of Canadian MPs hold rental, investment real estate amid housing crunch

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At least 65 Canadian members of Parliament hold rental or investment real estate assets, according to their filings with the federal conflict of interest commissioner.
However, that number may actually be much higher because 91 MPs either have not yet completed their disclosure process or the conflict of interest commissioner’s office hasn’t yet published their filings.
All of that is legal and all of the MPs disclosing the assets have fulfilled their duties under Canadian conflict of interest laws to report their assets to the federal conflict of interest commissioner.
Yet their disclosures come at a time of growing scrutiny and frustration about the role of real estate investors in fuelling the country’s housing unaffordability crunch. Among the 91 MPs whose disclosures are not yet public are Liberal MP Taleeb Noormohamed, who faced criticism in the last election for flipping dozens of properties, and Conservative leadership candidate Pierre Poilievre. Politicians doubling as landlords while governments are pushed for affordable housing solutions Politicians doubling as landlords while governments are pushed for affordable housing solutions
According to the available filings, at least 42 Liberal MPs own rental or investment real estate assets, such as rental or investment properties, real estate holding companies, vacant land, recreational properties, or income from or significant interests in real estate brokerages. A pie chart shows what number of MPs from each party own rental or investment real estate. Of those 42, 30 are not in cabinet, while 12 are the members of cabinet whose holdings were previously reported on by Global News last week.
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In total, according to publicly available data listed on the registry, those 30 Liberal MPs own a total of 38 properties listed as being for rental or investment purposes. They also disclosed a range of other real estate assets including ownership of real estate holding companies, income from real estate brokerages, or either “controlling” or “significant” interests in brokerages. Those 42 Liberals who disclosed rental or investment real estate represent 26 per cent of the caucus.
Source: aljazeera.com

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