Six of the committee's 12 members, or their spouses, own shares in oil, gas, pipeline, mining, uranium or power companies, according to the federal ethics registry.
Six of the 12 members of the House of Commons Standing Committee on Natural Resources disclose owning shares in energy, mining or utility companies, held in their own name or by a spouse, according to their filings in the Conflict of Interest and Ethics Commissioner's public registry.
The committee studies energy, mining, forestry and other resource issues, and reviews legislation and spending for Natural Resources Canada.
The six MPs consist of four Liberal members and two Conservative members.
The holdings
Jennifer McKelvie (Liberal, Ajax): a spouse holds shares in Enbridge, TC Energy, Suncor Energy, Cenovus Energy, Canadian Natural Resources and Fortis.
Claude Guay (Liberal, LaSalle-Émard-Verdun): a spouse holds shares in Cameco, Suncor Energy, Nutrien, Northland Power and Brookfield Infrastructure.
Gurbux Saini (Liberal, Fleetwood-Port Kells): holds shares in Canadian Natural Resources and Teck Resources; a spouse holds shares in Interfor.
Eric St-Pierre (Liberal, Honoré-Mercier): holds shares in Northland Power, Nutrien, Polaris Renewable Energy and RE Royalties.
Pat Kelly (Conservative, Calgary Crowfoot): holds shares in Enbridge, Tourmaline Oil and Fortis jointly.
Gaétan Malette (Conservative, Kapuskasing-Timmins-Mushkegowuk): holds shares in Discovery Silver.
Disclosure rules
Ordinary Members of Parliament fall under the Conflict of Interest Code for Members of the House of Commons, allowing them to own shares in public companies, so long as they disclose these assets to the Ethics Commissioner, who makes them public . Cabinet ministers fall under the federal Conflict of Interest Act, requiring them to divest "controlled assets" (ex. shares of public companies) within 120 days of appointment. However, spouses and family members are not covered under this act, allowing them to retain their ownership in public companies.
Sources
Jennifer McKelvie, disclosure summary published June 12, 2026
Claude Guay, disclosure summary published October 2, 2026
Gurbux Saini, disclosure summary published May 1, 2026
Eric St-Pierre, disclosure summary published July 22, 2026
Pat Kelly, disclosure summary published January 6, 2026
Gaétan Malette, disclosure summary published August 19, 2025
Committee membership and roles: House of Commons committee and parliamentary secretary records, as of October 25, 2026.
