Is My MLA a Landlord?

Paul Choi
BC NDP
Burnaby South-Metrotown
- Paul Choi is a Landlord.
- Paul Choi holds significant investments.
Assets
Residential Property (Member & Spouse) - Coquitlam, BC
Bank and Other Deposits (Member & Spouse)
Other Investments held Inside a Registered Plan
(Member) Sharons Credit Union - RRSP - GICs
(Member) Sharons Credit Union - TFSA - GICs
(Spouse) Sharons Credit Union - RRSP - GICs
(Spouse) Sharons Credit Union - TFSA - GICs
Controlled Private Corporations
Paul Choi Notary Corp - Notary Service
Ownership - Member owns 100% and is Director
Juris Group Investments Corp - Holding company for rental properties
Ownership - Member owns 100% and is Director
Liabilities
Mortgages (Member & Spouse)
1. On residential property in Coquitlam, BC - Sharons Credit Union
2. On residential property in Coquitlam, BC - TD Canda Trust
CONTROLLED PRIVATE CORPORATIONS
Paul Choi Notary Corp
Affiliated Corporations - Juris Group Investments Corp
Sources of Income
From the Province of British Columbia - Nil
From All Other Sources - various clients - fees for service
Assets - Bank and Other Deposits, Office Furniture
Real Property Interests
1. Owner - property in Abbotsford, BC
2. Owner - property in Burnaby, BC
Liabilities
Mortgages
1. Property in Abbotsford, BC - Prospera Credit Union
2. Property in Burnaby, BC - Prospera Credit Union
Loans
1. Shareholder loan
2. Loan from family member
Juris Group Investments Corp
Affiliated Corporations - Paul Choi Notary Corp
Sources of Income
From the Province of British Columbia - Nil
From All Other Sources - various tenants - rental income
Assets - Bank and Other Deposits
Real Property Interests - Owner - property in Burnaby, BC
Liabilities
Mortgages - Property in Burnaby, BC - Prospera Credit Union
Loans
3. Shareholder loan
4. Loan from family member
Source(s) of Income
From the Province of British Columbia
(Member) MLA salary and allowances
(Spouse) Nil
From all Other Sources
(Member) Paul Choi Notary Corp - share dividend
(Member & Spouse) Residential property in Coquitlam, BC - rental income
(Spouse) Paul Choi Notary Corp - salary