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

No Longer Applicable

Declaration type: Disclosure Summaries (Code)
Disclosure date: 2023-07-20
Regime: Conflict of Interest Code for Members of the House of Commons

Description: Assets
Sole ownership of two rental properties on Nirukittuq Nuna Crescent, Iqaluit, Nunavut
Other Sources of Income
Last and Next 12 months:
Rental income
Dividends from Nvision Insight Group Inc.
Liabilities
Mortgage with the Royal Bank of Canada
Personal loan from Atuqtuarvik Corporation
Credit card with the Royal Bank of Canada
Share purchase agreement with a third party
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
Significant interest in Nvision Insight Group Inc., an Indigenous management consulting firm based in Ottawa, Ontario
Activities
Director, Carvings Nunavut Inc
Director, Nunavut Holdings Inc
Spouse's/Common-Law Partner's assets
Sole ownership of rental property located at Qaqqaliaq Street, Iqaluit, Nunavut
Sole ownership of rental property located at plan 3896 Iqaluit, Nunavut
Sole ownership of rental property located on Balsillie court, Yellowknife, North-West Territories
Shares of Nighthawk Gold Corp
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
Employment income from 507279 N.W.T. Ltd
Next 12 months
Business income from 5889 Nunavut Limited
Spouse's/Common-Law Partner's liabilities
Mortgage with CIBC
Mortgage with TD Canada Trust
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., an inactive 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 2023-07-20