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New Westminster city council declares income, assets
New Westminster city councillors don't possess a wealth of financial assets according to their annual financial declarations.
In their annual listing of assets, liabilities, income and real estate holdings (other than where they live), three councillors—Jonathan Cote, Jaimie McEvoy and Lorrie Williams—listed no assets in the declarations required of elected officials every year.
However, Coun. Bill Harper listed owning assets in nine companies including several in the energy sector such as Fortis and Suncor, as well as a few corporations involved in mining or industrial construction. He does not indicate how many shares or the percentage of ownership he holds in any of them.
In addition to his basic councillor's salary of $34,771, Harper also receives income from a contract he holds with the B.C. Capacity Initiative, which is funded by Aboriginal Affairs and Northern Development Canada.
Mayor Wayne Wright's assets include ownership of Olde World Fudge, which has shops in the Granville Island and Lonsdale Quay public markets, and JK Foods, a distributorship run out of his Westminster Quay condominium.
In addition to his mayor's salary of $88,615, Wright is also compensated for his committee work for Metro Vancouver, the Municipal Finance Authority and TransLink.
Coun. Chuck Puchmayr stated he has a five per cent holding in Amber's Choice, which is a small eatery on 12th Street. His only income is his council compensation. Puchmayr has battled health issues the last few years, limiting how much he can work.
Coun. Jonathan Cote is a part-time injury adjuster for ICBC. He reduced his hours from full time to attend Simon Fraser University's Urban Studies program. He will also be compensated for sitting on Metro Vancouver's utilities committee.
Coun. Jaimie McEvoy is the director for the Hospitality Project at Shiloh Sixth Avenue United Church. Coun. Lorrie Williams is a marriage commissioner and also declared her ownership in a condo in Sapperton. Williams was the only one to declare a liability, other than for a mortgage or personal living expenses, which was to the Westminster Savings Credit Union.
As of Tuesday, Coun. Betty McIntosh had not submitted her statement of disclosure because she was on vacation. All disclosures were due by Jan. 15.