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Total assets. $30.6 billion (2019) [ 1]: 30. Number of employees. 2,300 (2019) Website. www.bdc.ca. The Business Development Bank of Canada ( BDC; French: Banque de développement du Canada) is a Crown corporation and national development bank wholly owned by the Government of Canada, mandated to help create and develop Canadian businesses ...
Canadian corporate lawconcerns the operation of corporationsin Canada, which can be established under either federal or provincial authority. Federal incorporation of for-profit corporations is governed by Corporations Canadaunder the Canada Business Corporations Act. All of the Canadian provinces and territories also have laws permitting (and ...
The Canada Revenue Agency ( CRA; French: Agence du revenu du Canada; ARC) is the revenue service of the Canadian federal government, and most provincial and territorial governments. The CRA collects taxes, administers tax law and policy, and delivers benefit programs and tax credits. [4] Legislation administered by the CRA includes the Income ...
The Bank of Canada Building in Ottawa is the headquarters of the country's central bank. Bank of Canada (Central Bank) Business Development Bank of Canada. Farm Credit Canada – Government-owned Farm Credit is not a deposit-taking bank. It is, however, a major lender to the agriculture and agri-food industries.
The Government of Canada (French: Gouvernement du Canada) is the body responsible for the federal administration of Canada.The term Government of Canada refers specifically to the executive, which includes ministers of the Crown (together in the Cabinet) and the federal civil service (whom the Cabinet direct); it is alternatively known as His Majesty's Government (French: Gouvernement de Sa ...
Foreign corporations often incorporate branches or special-purpose subsidiaries within Canada in order to facilitate business and control their investments. [11] Business profits earned in Canada by such a branch will be subject to regular federal and provincial corporate Income Taxes. An additional Federal Branch Tax is also applied on profits ...
Multinational banking, financial services and insurance carrier in Toronto. Manulife is the largest insurance concern in Canada. 307. Royal Bank of Canada. $45,981. 85,301. Multinational financial services firm based in Toronto[9]and the largest bank in Canada. Subsidiaries include City National Bankand RBC Bank.
In Canada, state-owned corporations are referred to as Crown corporations, indicating that an organization is established by law, owned by the sovereign (either in right of Canada or a province), and overseen by parliament and cabinet. Examples of federal Crown corporations include: the Canadian Broadcasting Corporation; Canada Post; Bank of Canada