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Report Date : |
01.02.2014 |
IDENTIFICATION DETAILS
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Name : |
DOLLAR TREE STORES CANADA INC. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
17.09.2010 |
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Legal Form : |
Corporation – Profit |
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Line of Business : |
Subject owns and operates single-price-point dollar stores in Subject products include housewares, glassware, dinnerware, cleaning
supplies, candy, snacks, food, health and beauty, toys, gifts, gift bags and
wrap, party supplies, stationery, craft supplies, teaching supplies, books
& seasonal décor |
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No. of Employees : |
500+ |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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 – december 01, 2013
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Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
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Canada |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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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.
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Source : CIA |
Company name: DOLLAR TREE STORES CANADA INC.
Reg. address: 550
Burrard Street, Ste 2900
Vancouver, British Columbia V6C
0A3 - Canada
Headquarters: 3185 Willingdon Green, Unit 206,
Burnaby, British
Columbia V5G 4P3, Canada
Telephone: +1
604-321-2550
Fax: +1
604-321-4427
Website: www.dollartreecanada.com
Corporate ID#: BC-0000890668
State: British Columbia
Judicial form: Corporation – Profit
Date incorporated: 09-17-2010
Stock: -
Value: -
Name of manager: Joseph CALVANO
Business:
Dollar Tree Stores Canada, Inc. owns and operates single-price-point
dollar stores in Canada.
Products include housewares, glassware, dinnerware, cleaning supplies,
candy, snacks, food, health and beauty, toys, gifts, gift bags and wrap, party
supplies, stationery, craft supplies, teaching supplies, books & seasonal
décor
At February 2, 2013, the Company operated 140 stores in Canada.
No name of foreign suppliers available.
Staff: 500+
Operations & branches:
At the headquarters, we
find a large warehouse, store and office.
The Company maintains 140
stores in Canada.
Shareholders:
DOLLAR TREE INTERNATIONAL SARL
102 Rue des Maraichers
L-2124 Luxembourg
Management:
The Board of Directors includes:
- Gary PHILIBIN
- Bob SASSER
- Kevin S. WAMPLER
Joseph CALVANO is the President (non Director)
Graduate from Humber College in 1972
Subsidiaries And
Partnership:
None
In Canada, privately held
corporations are not required to publish any financials.
On a direct call, nobody
accepted to answer our questions.
We sent a fax but no answer
received.
However, sales estimate for
year 2012 is in excess of CAD 50,000,000+
The business is profitable.
Banks: Royal Bank of Canada
Legal filings
& complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts summary: None