Disclosure Summary

As required under the Conflict of Interest Code for Members of the House of Commons

Statutory requirement(s):

23. (1) The Commissioner shall prepare a disclosure summary based on each Member’s statement filed under section 21 and submit it to the member for review.23.

(2) Each summary is to be placed on file at the office of the Commissioner and made available for public inspection during normal business hours, and posted on the website of the Commissioner. Each summary shall also be available to the public, on request, by fax or mail.

24. (1) The summary shall :

(a)

subject to subsection (3), set out the source and nature, but not the value, of the income, assets and liabilities referred to in the Member’s statement filed under section 20;

(b)

identify any contracts or subcontracts referred to in paragraph 21(1)(c) and describe their subject-matter and nature;

(c)

list the names of any affiliated corporations referred to in that statement;

(d)

include a copy of any statements of disclosure filed by the Member under subsections 14(3), 15(1) and 21(3);

(e)

list the positions and corporations, trade or professional associations and trade unions disclosed under paragraph 21(1)(e); and

(f)

list any trusts disclosed under paragraph 21(1)(b.1).

Lori Idlout · Member of Parliament

Declaration type: Disclosure Summaries (Code)
Disclosure date: 2026-07-16
Regime: Conflict of Interest Code for Members of the House of Commons

Description: Assets
Sole ownership of two residential rental units in Iqaluit, Nunavut
Trusts
The trust was established as authorized by the Conflict of Interest and Ethics Commissioner, under section 19 of the Code, to entrust my interest in a private corporation that is a party to contracts with the Government of Canada. The 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 it, including the distribution of assets on its termination, for the purpose of financing a nomination contest, a leadership contest or an electoral campaign.

Other Sources of Income
Last and Next 12 months:
Rental income
Liabilities
Mortgage with the Royal Bank of Canada
Credit card with the Royal Bank of Canada
Line of credit with the Royal Bank of Canada
Investment in Private Corporations
Sole ownership of Carvings Nunavut Inc, a retail art gallery in Iqaluit, Nunavut
Sole ownership of Nunavut Holdings Inc, a construction and renovations company in Iqaluit, Nunavut
Activities
Director, Carvings Nunavut Inc
Director, Nunavut Holdings Inc
Spouse's/Common-Law Partner's assets
Sole ownership of two residential rental units located in Iqaluit, Nunavut
Sole ownership of two residential rental units located in Yellowknife, Northwest Territories
Spouse's/Common-Law Partner's source(s) of income
Last and next 12 months:
Rental income
Business income from Al's B&B Inc
Employment income from Nunavut Holdings Inc
Spouse's/Common-Law Partner's liabilities
Mortgage with CIBC
Four mortgages with TD Canada Trust
Guarantor for a business line of credit with the Royal Bank of Canada
Spouse's/Common-Law Partner's investment in private corporations
Sole ownership of Al's B&B Inc, a bed and breakfast in the Qikiqtaaluk Region of Nunavut
Sole ownership of East 2 West Industrial Inc., a construction company based in Ottawa, Ontario
Sole ownership of 5889 Nunavut Limited, a property management company in Iqaluit, Nunavut
Spouse's/Common-Law Partner's activities
Director, Al's B&B Inc.
Director, East 2 West Industrial Inc.
Director, 5889 Nunavut Limited

Disclosed on 2026-07-16