Lori Idlout

Disclosure Summary disclosed Jul 16, 2026

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

Disclosure of a Private Interest disclosed Jan 12, 2023

Disclosure of a Private Interest

• On December 14, 2022, I have informed my staff not to seek any training offered by NVision as I hold a significant ownership interest in this company