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Foreign Ownership Of Companies Of Canada
Foreign ownership of companies of Canada pertains to the majority-ownership of Canadian-based assets (including businesses and subsidiaries) by non-Canadian individuals or companies, as well as to companies that are effectively owned or controlled, directly or indirectly, by non-Canadians. "Non-Canadian," for all intents and purposes, refers to entities based outside of Canada and to those who are not Canadian citizens or qualified permanent residents.https://gowlingwlg.com/en/insights-resources/guides/2021/doing-business-in-canada-foreign-investments/ Foreign ownership (or 'foreign affiliates') of Canadian companies has long been a controversial political issue in Canada. Concerns regarding the issue generally regard ownership of previously 'Canadian' assets by foreign entities, though the exact definition of 'foreign-owned' is subject of debate. Foreign majority-owned affiliates contribute significantly to the economy of Canada. In 2016, foreign affiliates accounted for 14% of ...
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Majority Owner
Ownership is the state or fact of legal possession and control over property, which may be any asset, tangible or intangible. Ownership can involve multiple rights, collectively referred to as title, which may be separated and held by different parties. The process and mechanics of ownership are fairly complex: one can gain, transfer, and lose ownership of property in a number of ways. To acquire property one can purchase it with money, trade it for other property, win it in a bet, receive it as a gift, inherit it, find it, receive it as damages, earn it by doing work or performing services, make it, or homestead it. One can transfer or lose ownership of property by selling it for money, exchanging it for other property, giving it as a gift, misplacing it, or having it stripped from one's ownership through legal means such as eviction, foreclosure, seizure, or taking. Ownership is self-propagating in that the owner of any property will also own the economic benefits of that pr ...
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Oil And Gas Extraction
Petroleum is a fossil fuel that can be drawn from beneath the earth's surface. Reservoirs of petroleum was formed through the mixture of plants, algae, and sediments in shallow seas under high pressure. Petroleum is mostly recovered from oil drilling. Seismic surveys and other methods are used to locate oil reservoirs. Oil rigs and oil platforms are used to drill long holes into the earth to create an oil well and extract petroleum. After extraction, oil is refined to make gasoline and other products such as tires and refrigerators. Extraction of petroleum can be dangerous and have led to oil spills. Locating the oil field Geologists and geophysicists use seismic surveys to search for geological structures that may form oil reservoirs. The "classic" method includes making an underground explosion nearby and observing the seismic response, which provides information about the geological structures underground. However, "passive" methods that extract information from naturally o ...
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Aeryon Labs
Aeryon Labs is a Canadian developer and manufacturer of Unmanned Aerial Vehicles. Founded in 2007, it is headquartered in Waterloo, Ontario. Aeryon Defense is a wholly owned subsidiary, based in Denver, Colorado, focused on sales and support for the US Government. The company was purchased by FLIR Systems in January 2019 for US$200 million. Products Aeryon Labs' UAVs have a field interchangeable payload interface to support multiple payloads. All imaging payloads are stabilized and include high resolution stills, optical zoom video, thermal Imaging, HD video, and dual EO/IR video/still camera. The company's UAVs are: * Aeryon Scout (discontinued) * Aeryon SkyRanger R60 * Aeryon SkyRanger R80 Awards David Kroetsch and Michael Peasgood of Aeryon Labs won the Canadian Aeronautics and Space Institute's 2012 Trans-Canada Trophy. The oldest aviation award in Canada (established in 1927), the Trophy is awarded for outstanding achievement in aviation.The Canadian Aeronautics and Spa ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or dyna ...
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Visual China Group
Visual China Group (VCG) is a Chinese photo and media agency. Established in 2000, it is a supplier of stock multimedia content to the commercial media industry. VCG is currently the largest stock image and media footage provider in China and third largest in the world. Since 2006, VCG has been the exclusive distributor of Getty Images' library in China. In January 2016, Unity Glory International, an affiliate of VCG, announced that it would acquire the image licensing business of Corbis. Unity Glory licenses the Corbis libraries to Getty for distribution outside of China via VCG. In early 2018, it acquired photo sharing website 500px. Controversy In April 2019, after the Event Horizon Telescope project captured an image of the Messier 87 supermassive black hole — the first such image in history — it was discovered that VCG had falsely claimed ownership of the image and listed it for sale on its website, failing to attribute its source (which had licensed it for free dist ...
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500px
500px (pronounced "five hundred pixels") is a global online photo-sharing platform that is a subsidiary of Visual China Group. It is based in Toronto, Canada. It was co-founded by Oleg Gutsol and Evgeny Tchebotarev on October 31, 2009. History Evgeny Tchebotarev started 500px in 2003 on the social blogging website LiveJournal as a hobby, while he completed a business degree at Ryerson University. Back then, 500 pixels was considered a good size for web display and was therefore the limit placed on photos submitted to the community for review. Once photographers submitted their photos, they were moderated, and only those of high quality would make it past the community's curators and be published on the site. Tchebotarev joined forces with Oleg Gutsol and in early 2009 they began work on the mostly automated incarnation of 500px. Image size grew to 900 pixels but the name remained. The two launched the official site on October 31, 2009. In 2009, the site had 1000 users, purely th ...
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Finance
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ...
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Retail Trade
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision ...
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Science And Technology In Canada
Science and technology in Canada consists of three distinct but closely related phenomena: * the diffusion of technology in Canada * scientific research in Canada * innovation, invention and industrial research in Canada In 2019, Canada spent approximately on domestic research and development, of which over $7 billion was provided by the federal and provincial governments. In 2018, Canada spent approximately C$34.5 billion on domestic research and development, of which around $2 billion was spent directly by the federal government in-house and an additional $5.7 billion was provided by provincial and federal sources in the form of grants. This investment corresponds to about 1.57% of Canada's gross domestic product, a decline from 1.72% in 2014. Canada was ranked 16th in the Global Innovation Index in 2022. , the country has produced fifteen Nobel laureates in physics, chemistry, and medicine, and was ranked fourth worldwide for scientific research qualit ...
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Professional Services
Professional services are occupations in the service sector requiring special training in the arts or sciences. Some professional services, such as architects, accountants, engineers, doctors, and lawyers require the practitioner to hold professional degrees or licenses and possess specific skills. Other professional services involve providing specialist business support to businesses of all sizes and in all sectors; this can include tax advice, supporting a company with accounting, IT services, public relations services or providing management services. Definition Many industry groups have been used for academic research, while looking at professional services firms, making a clear definition hard to attain. Some work has been directed at better defining professional service firms (PSF). In particular, Von Nordenflycht generated a taxonomy of professional service firms, defining four types: # Classic PSFs (e.g. law and accounting firms): characterized by a high knowledge inte ...
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Wholesaling
Wholesaling or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional or other professional business users; or to other wholesalers (wholesale businesses) and related subordinated services. In general, it is the sale of goods in bulk to anyone, either a person or an organization, other than the end consumer of that merchandise. Wholesaling is buying goods in bulk quantity, usually directly from the manufacture or source, at a discounted rate. The retailer then sells the goods to the end consumer at a higher price making a profit. According to the United Nations Statistics Division, ''wholesale'' is the resale of new and used goods to retailers, to industrial, commercial, institutional or professional users, or to other wholesalers, or involves acting as an agent or broker in buying merchandise for, or selling merchandise to, such persons or companies. Wholesalers frequently physically assemble, sort, and grade goods in large lot ...
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Services Industry
The tertiary sector of the economy, generally known as the service sector, is the third of the three economic sectors in the three-sector model (also known as the economic cycle). The others are the primary sector ( raw materials) and the secondary sector (manufacturing). The tertiary sector consists of the provision of services instead of end products. Services (also known as " intangible goods") include attention, advice, access, experience and affective labor. The production of information has been long regarded as a service, but some economists now attribute it to a fourth sector, called the quaternary sector. The tertiary sector involves the provision of services to other businesses as well as to final consumers. Services may involve the transport, distribution and sale of goods from a producer to a consumer, as may happen in wholesaling and retailing, pest control or entertainment. The goods may be transformed in the process of providing the service, as happens in th ...
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