Inter-Corporate Ownership The most authoritative & comprehensive source of information on corporate ownership Jennifer Adams, Acadia University DLI National.

Inter-Corporate Ownership

The most authoritative & comprehensive source of information on corporate ownership

Jennifer Adams, Acadia University

DLI National Training Day, Montreal, QC

May 14, 2007

Product Highlight - ICO What is it? When would I use it? What do I need to know? What does it look like? Where can I get more information?

What is it? A directory that tracks the ownership of the

largest Canadian corporations and provides up to date information reflecting recent takeovers and other changes.

What is it ?

Directory of corporations that are required to file a schedule of ownership under the Corporations Returns Act (CRA).

Information on about 40,000 corporations. Changed the thresholds of inclusion for corporations in 2006 - Assets greater than $200M and/or annual operating revenue greater than $80M and/or foreign equity or foreign debt of at least $1M.

Pre 2006- assets exceeding $10M or annual operating revenue over $15M – about 95,000 corporations

Why would I use it? Who owns whom… In what industrial classification corporations fall under Who invests in certain corporations Where corporation headquarters are located

Why would I use it? From StatsCan:

“discover business opportunities via corporate structure information

tap into new markets by identifying new corporate customers for your products

uncover export opportunities by charting changes in foreign control

segment potential customers by determining which corporations are active and where

determine global exposure by researching multinational relations

perform due diligence effectively and efficiently.”

Where can I get more information? Text of the Corporations Returns Act SIC-C codes, SIC-E codes, and

explanation of differences Statistical Notes and Definitions Definitions of Control

What do I need to know? Information comes from the CRA, Moody’s, Who

owns Whom. Researchers analyze options, insider holdings, convertible shares and interlocking directorates.

Each corporation is assigned a country of control. Find out where parent companies are located.

Corporation is considered to be foreign controlled if a majority of its voting rights are held in foreign countries OR are held by one or more Canadian corporations that are themselves foreign controlled.

What do I need to know? Demonstrates the portion of voting rights of a

corporation owned or held by another corporate body or group of related individuals.

All holdings of an enterprise are in one location. Within each enterprise structure, presentation is

by size according to the number of corporations. Published quarterly

What does it look like?

What does it look like?

What does it look like?

What does it look like?

What does it look like?

What does it look like? More information on interpreting data in

Notes and Definitions

What does it look like continued… ICO 2006-4 More information

Tutorial Industrial Classifications Terms and Definitions