List of Senators Who Hold or Have Recently Held Business/Organization Board Positions and/or Employee Positions and/or Who Have Stock Market Investments
(according to the senators’ most recent disclosures in the Senate’s Public Registry)NOTE 1: In Democracy Watch’s opinion, the most serious conflicts with a senator’s work duties and duty to uphold the public interest are caused by working for, or being on the board of, a private company (especially investment firms) or organization that is federally regulated or affected by federal spending, taxes, subsidies or other programs and/or having stock market investments or mutual fund investments in companies that are federally regulated. Working for, or being on the board of, a company or organization that is provincially regulated can also cause conflicts, as can having stock market or mutual fund investments in companies that are provincially regulated.
NOTE 2: Senators are required to disclose publicly whether they have stock market investments (i.e. investments in “publicly traded securities”) or mutual fund investments, but are not required to disclose which companies they are invested in. In contrast, U.S. senators are required to disclose details of their stock market and mutual fund investments, and changes to those investments, worth more than $1,000.
NOTE 3: Eight senators appointed in June and July 2021 have not yet made their first disclosure of their business/organization work and board positions, investments, assets and liabilities. These senators are as follows: David M. Arnot, Michèle Audette, Bernadette Clement, Amina Gerba, Clément Gignac, Jim Quinn, Karen Sorenson and Hassan Yussuff.
Denise Batters – has stock market investments
Douglas Black – works for Dentons Canada LLP, works for Clearspring Capital Partners, and has stock market investments
Patricia Bovey – has a consultancy, has stock market investments
Larry Campbell – was board member of Great Canadian Gaming Corporation (up to June 1, 2021)
Claude Carignan – practises law; has stock market investments
Daniel Christmas – has stock market investments
Jane Cordy – has stock market investments
Brent Cotter – has consultancy
Mary Coyle – has stock market investments
Pierre J. Dalphond – practises law, has stock market investments
Donna Dasko – has stock market investments
Dennis Dawson – has stock market investments
Colin Deacon – has stock market investments
Marty Deacon – on several organization boards, has stock market investments
Tony Dean – has stock market investments
Pat Duncan – has mutual fund investments
Renée Dupuis – has mutual fund investments
Éric Forest – has stock market investments
Josée Forest-Niesing – has stock market investments
Brian Francis – has stock market investments
George Furey – has stock market investments
Raymonde Gagné – has stock market investments
Rosa Galvez – has mutual fund investments
Marc Gold – on several organization boards, has stock market investments
Stephen Greene – has mutual fund investments
Diane Griffin – on a few organization boards, has stock market investments
Peter Harder – on board of Magna International Inc., has stock market investments
Nancy Hartling – has mutual fund investments
Leo Housakos – has stock market investments
Mobina Jaffer – partner in a law firm, on board and owns shares in three property corporations and a poultry farm
Marty Klyne – on board of FHQ Developments, has stock market investments
Stan Kutcher – has stock market investments
Patti LaBoucane-Benson – consultant, board member of House of Anansi Press, has mutual fund investments
Frances Lankin – has mutual fund investments
Tony Loffreda – has stock market investments
Michael L. MacDonald – has mutual fund investments
Elizabeth Marshall – has stock market investments
Yonah Martin – board member of several organizations
Sarabjit Marwah – on board of Cineplex Inc. and George Weston Ltd., and has stock market investments
Paul Massicotte – board member of several private investment firms, has several private investments
Marilou McPhedran – board member of one organization, has mutual fund investments
Marie Françoise Mégie – board member of a business and two organizations, has stock market investments
Terry Mercer – has mutual fund investments
Julie Miville-Dechêne – has mutual fund investments
Rosemary Moodie – practicing medicine, board member of three organizations, has mutual fund investments
Victor Oh – honourary positions with 16 organizations
Ratna Omidvar – board member of several organizations, has stock market investments
Kim Pate – adjunct law professor, member of organization advisory committee, has mutual fund investments
Dennis Glen Patterson – board member of Nunatta Environmental Services Inc., has stock market investments
Chantal Petitclerc – board member and works for Chantal Petitclerc Inc., board member of several organizations, including a new one in June 2020 and another new one in June 2020, has mutual fund investments
Mohamed-Iqbal Ravalia – has private company and stock market investments
Raymonde Saint-Germain – has stock market investments
Judith G. Seidman – board member of a consultancy, has stock market investments
Paula Simons – has mutual fund investments
Larry W. Smith – works for and board member of consultancy, has stock market investments
Scott Tannas – works for Western Financial Group Inc. (insurance company), board member of nine private companies and one organization, has stock market investments
Josée Verner – has mutual fund investments
Pamela Wallin – board member of two organizations, has stock market investments
David M. Wells – board member and works with consultancy, part owner of Battery Management Corp., has private investments and stock market investments
Howard Wetston – member of Toronto Hydro Corporation Board of Directors and Westcourt Capital Corporation Advisory Board, member of three organizations (including as Senior Fellow of C.D. Howe Institute), has stock market investments
Vernon White – has consultancy, adjunct professor at three universities, Fellow at Australian Strategic Policy Institute, external advisor to Fabriik (crypto-currency trading company), board member of eight organizations
Yuen Pau Woo – Senior Resident Fellow, Jack Austin Centre for Asia Pacific Business Studies (at Beedie School of Business Simon Fraser University), board member of 10 organizations, has mutual fund investments