When it comes to investments, Maple Ridge’s two MLAs are a conservative pair, even if neither of them belong to the party of that name.
According to statements released by the Conflict of Interest Commissioner Paul Fraser, both have their money invested in property, savings accounts and mutual funds.
Marc Dalton, Liberal MLA for Maple Ridge-Mission, owns a residential property in Maple Ridge, has bank deposits and is invested in Mackenzie Investments mutual funds in a registered plan, as well as an ING Direct RRSP and a tax-free savings account with Canadian Tire.
Dalton’s only source of income is from his MLA’s salary, while his wife is not making any income.
NDP MLA Michael Sather owns a home in Maple Ridge and a recreational home in Meadow Creek, near Kaslo, and has bank and other deposits.
He is also invested in Investors Group mutual funds and has another RRSP at Westminster Savings, a Standard Life bond fund and a Tax Free Savings Account with Canaccord Genuity Group.
Sather’s sources of income include his MLA salary, while his spouse receives CPP, OAS and B.C. teachers pension income.