Inter-corporate Ownership

The information that is presented is based on non-confidential returns filed by Canadian corporations under the Corporations Returns Act and on research using public sources such as internet sites. The data are presented in an easy-to-read tiered format, illustrating at a glance the hierarchy of subsidiaries within each corporate structure. The entries for each corporation provide both the country of control and the country of residence.

The product covers every individual corporation that is part of a group of commonly controlled corporations with combined assets exceeding 600 million dollars or combined revenue exceeding 200 million dollars. Individual corporations with debt obligations or equity owing to non-residents exceeding a net book value of 1 million dollars are covered as well.

The Corporations Returns Act was adopted by Parliament in April 1962 with the purpose of collecting information necessary to determine the extent and effect of non-resident ownership and control of corporations in Canada.

The data disseminated in the Inter-Corporate Ownership (ICO) product is not confidential, as it is collected in Schedule I – Ownership under the authority of the Corporations Returns Act, C-43.