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Report No. : |
326503 |
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Report Date : |
15.06.2015 |
IDENTIFICATION DETAILS
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Name : |
LE NIAGARA COMMODITIES CORPORATION |
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Registered Office : |
1547 Hurontario Street, Mississauga, Ontario L5G 3H7 |
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Country : |
Canada |
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Date of Incorporation : |
01.08.2000 |
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Legal Form : |
Corporation – Profit |
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Line of Business : |
Subject is engaged in trade in general commodities |
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No. of Employee : |
1 |
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 : |
Small company |
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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
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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.
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Source
: CIA |
LE NIAGARA
COMMODITIES CORPORATION
1547 Hurontario Street, Mississauga, Ontario L5G 3H7 – Canada
Telephone: +1
905-271-9663
Fax: +1 905-271-0376
Website: -
Corporate ID#: ON-001432016
State: Ontario
Judicial form: Corporation – Profit
Date incorporated: August 1,
2000
Stock: -
Value: -
Raj CHAWLA
Business:
Trade in general commodities.
Foreign suppliers include:
STAR JUTE MILLS LTD
ON BEHALF OF VERTEX INTERNATIONAL L 58, MOTIJHEEL COMMERCIAL AREA, DHAKA
1000, BANGLADESH
(imports jute goods)
Staff: 1
Operations & branches: At the headquarters, we find the
corporate office.
This is a private Company.
Raj XHAWLA is the President and CEO.
As far as we know, he is involved in other corporations, including:
FRITZ MARKETING INC.
1547 Hurontario Street, Mississauga, Ontario L5G 3H7
Incorporated in Ontario on 07-31-2001
ID# ON-001487417
In United States, privately
held corporations are not required to publish any financials.
On a direct call, the
manager requested a fax.
We sent him a message but
no answer received.
However, sales estimate for
year 2014 is less than CAD 500,000=
Banks: N/A
Legal filings & complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts summary: None