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Assets, liabilities disclosed for Tri-City politicians

Most politicians revealed the minimum of what’s needed under the Financial Disclosure Act.
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Hunter Madsen was elected last year in Port Moody.

Mayors and city councillors in the Tri-Cities — many who are running for re-election in October — disclosed their assets and liabilities this week as part of a provincial requirement for elected officials.

But according to the statements, which are available for public viewing (and online for Port Moody reps), most politicians revealed the minimum of what’s needed under the Financial Disclosure Act.

The paperwork for the area’s newest civic representative, PoMo Coun. Hunter Madsen, who replaced MLA Rick Glumac in last year’s byelection, shows he owns shares in Home Depot and Teekay Tankers but lists no liabilities, corporate assets, property or income — including with his new municipal job.

Mayor Mike Clay is a shareholder in TTS Automation (a technology consulting and internet hosting firm) and draws revenue from the city, TransLink, Metro Vancouver, TTS Automation and Tero Consulting.

Besides Madsen, all PoMo council members hold outside employment, as noted on the disclosures: Coun. Diana Dilworth works at BC Non-Profit Housing Association; Coun. Barbara Junker is employed by COPE Local 378; Coun. Meghan Lahti is the owner of Sweet and Savoury Pie; Coun. Zoe Royer is the president and CEO of Smart Dentist Solutions and Sweetheart Bakery Press; and Coun. Robert Vagramov is a consultant for Macinhome and a media contractor for Community Evolution Foundation.

Meanwhile, Coquitlam’s disclosures reveal Mayor Richard Stewart has two shell companies — both of which are inactive and are the result of the death of his parents — and earns income from five sources: the city, Stewart Communications, Metro Vancouver, TransLink and the Municipal Finance Authority.

Coun. Craig Hodge has investments in 38 companies and is the owner of Craig Hodge and Associates while Coun. Dennis Marsden is the president of True North Business Consultation, a firm he owns.

Coun. Mae Reid is a sales associate at Royal LePage Sterling Realty and owns land in Campbell River while Coun. Chris Wilson — the executive director of KidSport Tri-Cities — has shares in 50 companies.

In Port Coquitlam, Mayor Greg Moore, who is also board chair of Metro Vancouver, has assets in Kineys, Appereo and Respect Your Universe Inc. and owns Livable Region Consulting Inc., a company he set up to consult on business, political, and parks and recreation projects; he also has land in Pitt Meadows.

Coun. Laura Dupont is a program assistant for Share while Coun. Glenn Pollock is draws an income as the constituency assistant to NDP MLA Mike Farnworth. Coun. Mike Forrest has three properties in PoCo and lists shares in 23 companies and Coun. Darrell Penner is an employee at Meridian Meats and Seafood, is a contractor at Meridian Arms Pub and has a lot in Maple Ridge, according to the papers.

Coun. Dean Washington is the president of two companies: RPM Media Inc. and Grip Tire Stores, a franchised retailer, and Coun. Brad West works in communications for the United Steelworkers.

The disclosures were released by local governments yesterday (Monday).

jcleugh@tricitynews.com