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Report No. : |
319628 |
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Report Date : |
27.04.2015 |
IDENTIFICATION DETAILS
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Name : |
COPAP INC. |
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Registered Office : |
755 Bd St-Jean, Ste 305, Pointe-Claire, Quebec H9R 5M9 |
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Country : |
Canada |
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Date of Incorporation : |
01.02.1990 |
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Legal Form : |
Federal Corporation – Profit |
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Line of Business : |
Marketing and Distributing of Pulp and Paper Products. |
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No. of Employees : |
10 |
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 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
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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 a high-tech industrial society in the trillion-dollar
class, Canada resembles the US in its market-oriented economic system, pattern
of production, and high 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 merchandise exports each year. Canada is the US's
largest foreign supplier of energy, including oil, gas, uranium, and electric
power. Given its abundant 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 early intervention by the Bank of Canada and the financial
sector's tradition of conservative lending practices and strong capitalization.
Canada achieved marginal growth in 2010-14 and plans to balance the budget by
2015. In addition, the country's petroleum sector is rapidly expanding, because
Alberta's oil sands significantly boosted Canada's proven oil reserves. Canada
now ranks third in the world in proved oil reserves behind Saudi Arabia and
Venezuela.
|
Source
: CIA |
Company name: COPAP INC.
Address: 755 Bd St-Jean, Ste 305,
Pointe-Claire, Quebec H9R 5M9 - Canada
Telephone: +1
514-693-9150
Fax: +1 514-693-9151
Website: www.copap.com
Corporate ID#: 2570441
State: Federal
Judicial form: Federal Corporation – Profit
Date incorporated: February
1, 1990
Stock: -
Value: -
Name of manager: David
SELA
Business:
The Company is involved in the marketing and distributing of pulp and
paper products around the world.
Its wide range of products includes publication
papers, business papers, packaging
and pulp.
No name of foreign suppliers available.
Staff: 10
Operations & branches:
At the headquarters, we
find the corporate office, on lease.
Shareholders:
COPAP COMMERCE INC.
755 Bd St-Jean, Ste 305, Pointe-Claire, Quebec H9R 5M9
Federal Corporation for profit
Incorporated on 01-06-1998
Federal ID# 3445623
Which is a subsidiary of:
COPAP HOLDINGS INC.
755 Bd St-Jean, Ste 305, Pointe-Claire, Quebec H9R 5M9
Federal Corporation for profit
Incorporated on 08-27-2008
Federal ID# 4485955
Management:
David SELA is the President, Director and CEO.
Laurent BARBE is Vice President, Director and COO.
Denys LAMARRE is Secretary and Director.
Ronald CARRIERE is the CFO.
As far as we know, they are involved in:
- COPAP COMMERCE INC.
- COPAP HOLDINGS INC.
Subsidiaries and
Partnership:
Copap Europe SAS
345, rue d’Estienne d’Orves, Immeuble le Simpar
92700 Colombes, France
CopapAmericas LLC
755 Alamanda Street, Boca Raton, Florida 33486
U.S.A.
Copap Latin America Importação e Exportação
de Papéis Ltda.
Rua Vergueiro, n.º 1.353, sala 602, Torre Norte, Paraíso
CEP 04101-000 Sao Paulo – SP
Brazil
In Canada, privately held corporations
are not required to publish any financials.
On a direct call, a
financial assistant controlled the present report but deferred any financials.
We sent a fax but no answer
received.
However, sales estimate for
year 2014 is in the range of CAD 200,000,000+
The business is profitable.
Banks: Banque Nationale du Canada
Legal filings
& complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts
summary:
None