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Report Date : |
09.08.2013 |
IDENTIFICATION DETAILS
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Name : |
ARCTIC TRADE LTD. |
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Registered Office : |
C/o UPS Store 505 Avenue Rothesay, Ste 155 Saint John, New Brunswick E2J |
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Country : |
Canada |
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Date of Incorporation : |
29.05.2006 |
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Legal Form : |
Corporation – Profit |
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Line of Business : |
Not Available |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Canada |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
CANADA - ECONOMIC OVERVIEW
As an affluent, high-tech industrial society in the
trillion-dollar class, Canada resembles the US in its market-oriented economic
system, pattern of production, and affluent living standards. Since World War
II, the impressive growth of the manufacturing, mining, and service sectors has
transformed the nation from a largely rural economy into one primarily
industrial and urban. The 1989 US-Canada Free Trade Agreement (FTA) and the
1994 North American Free Trade Agreement (NAFTA) (which includes Mexico)
touched off a dramatic increase in trade and economic integration with the US
its principal trading partner. Canada enjoys a substantial trade surplus with
the US, which absorbs about three-fourths of Canadian exports each year. Canada
is the US's largest foreign supplier of energy, including oil, gas, uranium,
and electric power. Given its great natural resources, highly skilled labor
force, and modern capital plant, Canada enjoyed solid economic growth from 1993
through 2007. Buffeted by the global economic crisis, the economy dropped into
a sharp recession in the final months of 2008, and Ottawa posted its first
fiscal deficit in 2009 after 12 years of surplus. Canada's major banks,
however, emerged from the financial crisis of 2008-09 among the strongest in
the world, owing to the financial sector''s tradition of conservative lending
practices and strong capitalization. Canada achieved marginal growth in 2010-12
and plans to balance the budget by 2015. In addition, the country''s petroleum
sector is rapidly becoming an even larger economic driver with Alberta''s oil
sands significantly boosting Canada''s proven oil reserves, ranking the country
third in the world behind Saudi Arabia and Venezuela.
Source
: CIA
Company name: ARCTIC TRADE LTD.
Address: Ste
155, 660 Rothesay Avenue, Unit E
Saint John, New Brunswick E2H 2H4 - Canada
The address listed with the Province of New Brunswick is:
Address: c/o UPS Store
505 Avenue Rothesay, Ste 155
Saint John, New Brunswick E2J -
Canada
Telephone: +1
506-693-2679
Fax: -
Website: -
Corporate ID#: 625825
State: New
Brunswick
Judicial form: Corporation – Profit
Date incorporated: 05-29-2006
Stock: -
Value: -
Name of manager: -
Business:
n/a
No name of foreign suppliers.
Staff: None
Operations & branches:
At the headquarters, we
find a UPS Store, which rents mailboxes.
Shareholders:
n/a
Management:
The agent is
Christopher Victor BLYTHE
51 Aveling Close Purley, Surrey, United Kingdom CR8 4DX.
Subsidiaries
And partnership: None
In Canada, privately held
corporations are not required to publish any financials.
On a direct call, a
Secretary with the UPS Store confirmed the existence of the Company but
deferred any other information.
Banks: n/a
Legal filings & complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts summary: None