Crocus Investment Fund
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Crocus Investment Fund
The Crocus Investment Fund was a Manitoba-based Canadian Labour Sponsored Venture Capital Corporation. In its first four years after incorporation, the fund raised $50 million. In 2005, it was placed in receivership following investigations by Manitoba Securities Commission and the Manitoba's Auditor General. Background Labour sponsored funds offered federal and provincial tax credits to investors and were mandated to invest the majority of their investment assets in small and medium-sized businesses in the province in which they were created. The Crocus Investment Fund was modeled after the Quebec Solidarity Fund and created by an act of the Manitoba Legislature in 1991. The original legislation required 60% of fund assets to be invested in qualified Manitoba businesses and 15% to be invested in qualified reserves. The Crocus Fund had a special mandate to promote employee ownership and employee participation in corporate governance and management. Early years In the early ye ...
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Manitoba
Manitoba ( ) is a Provinces and territories of Canada, province of Canada at the Centre of Canada, longitudinal centre of the country. It is Canada's Population of Canada by province and territory, fifth-most populous province, with a population of 1,342,153 as of 2021, of widely varied landscape, from arctic tundra and the Hudson Bay coastline in the Northern Region, Manitoba, north to dense Boreal forest of Canada, boreal forest, large freshwater List of lakes of Manitoba, lakes, and prairie grassland in the central and Southern Manitoba, southern regions. Indigenous peoples in Canada, Indigenous peoples have inhabited what is now Manitoba for thousands of years. In the early 17th century, British and French North American fur trade, fur traders began arriving in the area and establishing settlements. The Kingdom of England secured control of the region in 1673 and created a territory named Rupert's Land, which was placed under the administration of the Hudson's Bay Company. Rupe ...
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Security Interest
In finance, a security interest is a legal right granted by a debtor to a creditor over the debtor's property (usually referred to as the ''collateral'') which enables the creditor to have recourse to the property if the debtor defaults in making payment or otherwise performing the secured obligations. One of the most common examples of a security interest is a mortgage: a person borrows money from the bank to buy a house, and they grant a mortgage over the house so that if they default in repaying the loan, the bank can sell the house and apply the proceeds to the outstanding loan. Although most security interests are created by agreement between the parties, it is also possible for a security interest to arise by operation of law. For example, in many jurisdictions a mechanic who repairs a car benefits from a lien over the car for the cost of repairs. This lien arises by operation of law in the absence of any agreement between the parties. Most security interests are grant ...
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Lobbied
In politics, lobbying, persuasion or interest representation is the act of lawfully attempting to influence the actions, policies, or decisions of government officials, most often legislators or members of regulatory agencies. Lobbying, which usually involves direct, face-to-face contact, is done by many types of people, associations and organized groups, including individuals in the private sector, corporations, fellow legislators or government officials, or advocacy groups (interest groups). Lobbyists may be among a legislator's constituencies, meaning a voter or bloc of voters within their electoral district; they may engage in lobbying as a business. Professional lobbyists are people whose business is trying to influence legislation, regulation, or other government decisions, actions, or policies on behalf of a group or individual who hires them. Individuals and nonprofit organizations can also lobby as an act of volunteering or as a small part of their normal job. Governme ...
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Dan Lett
Daniel Frederick Lett (born April 16, 1959) is a Canadian actor. He has acted in films, theatre and television. His principal roles have been in the series '' F/X'', ''The X-Files'', ''E.N.G.'', '' Street Legal'', ''Wind at My Back'', and ''Made in Canada''. Born in Toronto, Ontario, Lett attended White Oaks Secondary School in nearby Oakville, Ontario. Lett is a three-time Gemini Award winner. Partial filmography * ''Mrs. Soffel'' (1984) - Young Man (uncredited) * ''The Suicide Murders'' (1985, TV Movie) - Buddy * '' Big Deal'' (1985) - Bob Bowers * ''Blue Monkey'' (1987) - Ted Andrews * ''The Women of Windsor'' (1992, TV Movie) - Assistant Press Secretary * ''Paris, France'' (1993) - William / Michael's partner * ''The X-Files'' (1993, TV Series) - Sir Malcolm Marsden * ''Due South'' (1994-1998, TV Series) - Carver Dunn / Dr. Weingarten * ''Butterbox Babies'' (1995) - Robertson * '' Choices of the Heart: The Margaret Sanger Story'' (1995, TV Movie) - Reporter #2 * ''Goosebump ...
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Shareholders
A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation. Shareholders may be referred to as members of a corporation. A person or legal entity becomes a shareholder in a corporation when their name and other details are entered in the corporation's register of shareholders or members, and unless required by law the corporation is not required or permitted to enquire as to the beneficial ownership of the shares. A corporation generally cannot own shares of itself. The influence of a shareholder on the business is determined by the shareholding percentage owned. Shareholders of a corporation are legally separate from the corporation itself. They are generally not liable for the corporation's debts, and the shareholders' liability ...
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Ontario
Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Canada, it is Canada's most populous province, with 38.3 percent of the country's population, and is the second-largest province by total area (after Quebec). Ontario is Canada's fourth-largest jurisdiction in total area when the territories of the Northwest Territories and Nunavut are included. It is home to the nation's capital city, Ottawa, and the nation's most populous city, Toronto, which is Ontario's provincial capital. Ontario is bordered by the province of Manitoba to the west, Hudson Bay and James Bay to the north, and Quebec to the east and northeast, and to the south by the U.S. states of (from west to east) Minnesota, Michigan, Ohio, Pennsylvania, and New York. Almost all of Ontario's border with the United States f ...
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Government Of Manitoba
The powers and structure of the provincial Government of Manitoba (french: Gouvernement du Manitoba) are set out in the Constitution Act, 1867. In modern Canadian use, the term "government" referred broadly to the cabinet of the day (formally the Executive Council of Manitoba), elected from the Legislative Assembly of Manitoba and the non-political staff within each provincial department or agency – that is, the civil service. The Province of Manitoba is governed by a unicameral legislature, the Legislative Assembly of Manitoba, which operates in the Westminster system of government. The political party that wins the largest number of seats in the legislature normally forms the government, and the party's leader becomes premier of the province, i.e., the head of the government. Lieutenant-Governor of Manitoba The functions of the Sovereign, Charles III, King of Canada, known in Manitoba as the King in Right of Manitoba, are exercised by the Lieutenant Governor of Man ...
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Amendments
An amendment is a formal or official change made to a law, contract, constitution, or other legal document. It is based on the verb to amend, which means to change for better. Amendments can add, remove, or update parts of these agreements. They are often used when it is better to change the document than to write a new one. Only the legislative branch is involved in the amendment process. Contracts Contracts are often amended when the market changes. For example, a contract to deliver something to a customer once a month can be amended if the customer wants it delivered once a week. Usually Contracts also are categorized for their promotion in a nation, such as the Treaty of Versailles. Law Legislation In parliamentary procedure, a motion is a proposal to do something. The wording of such a proposal can be changed with a motion to amend. Amendments can remove words, add words, or change words in motions. All main motions and some secondary motions can be amended. An ...
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North America
North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Caribbean Sea, and to the west and south by the Pacific Ocean. Because it is on the North American Plate, North American Tectonic Plate, Greenland is included as a part of North America geographically. North America covers an area of about , about 16.5% of Earth's land area and about 4.8% of its total surface. North America is the third-largest continent by area, following Asia and Africa, and the list of continents and continental subregions by population, fourth by population after Asia, Africa, and Europe. In 2013, its population was estimated at nearly 579 million people in List of sovereign states and dependent territories in North America, 23 independent states, or about 7.5% of the world's population. In Americas (terminology)#Human ge ...
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Asset
In financial accountancy, financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetaryThere are different methods of assessing the monetary value of the assets recorded on the Balance Sheet. In some cases, the ''Historical Cost'' is used; such that the value of the asset when it was bought in the past is used as the monetary value. In other instances, the present fair market value of the asset is used to determine the value shown on the balance sheet. value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. Assets can be grouped into two major classes: Tangible property, tangible assets and intangible assets. Tangible ...
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Takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offers. It can also include shares in the new company. Types Friendly A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In an ideal world, if the board feels that accepting the offer serves the shareholders better than rejecting it, it recommend ...
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IPSOS
Ipsos Group S.A. () (an acronym of ) is a multinational market research and consulting firm with headquarters in Paris, France. The company was founded in 1975 by Didier Truchot, Chairman of the company, and has been publicly traded on the Paris Stock Exchange since July 1, 1999. Since 1990, the Group has created or acquired numerous companies. In October 2011, Ipsos acquired Synovate, resulting in a Ipsos organization that ranks as the world’s third largest research agency. As of 2014, Ipsos has offices in 88 countries, employing 16,530 people.Honomichl Global Top 25 History First years in France Ipsos was founded in 1975 by Didier Truchot, who had experience working in the IFOP institute. Truchot centered in offering services to the advertising and media companies and developed methods to measure the success of their campaigns, something new in France. The first of these methods was the Baromètre d'Affichage (BAF) in 1977, an instrument to analyse the effectiveness o ...
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