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Report No. : |
347555 |
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Report Date : |
07.11.2015 |
IDENTIFICATION DETAILS
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Name : |
SUNCO FOODS INC. |
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Registered Office : |
111 Alberni Street, Ste 4202 Vancouver, British Columbia V6E 4V2 |
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Country : |
Canada |
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Date of Incorporation : |
06.11.2009 |
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Legal Form : |
Corporation – Profit |
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Line of Business : |
Subject is importer and wholesaler of organic and natural ingredients,
dried food, tree nuts, beans and seeds. |
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No. of Employee : |
3 |
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 – March 31, 2015
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Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
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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, and electric power, and a top source of US uranium imports. 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 despite the recent drop in oil prices. 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 and is the world’s fifth-largest oil producer.
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Source
: CIA |
Company name: SUNCO FOODS INC.
Reg. address: 111 Alberni Street, Ste
4202
Vancouver, British
Columbia V6E 4V2 - Canada
Headquarters: 9208
North Fraser Crescent
Burnaby, British Columbia
V5J 0E3 – Canada
Telephone: +1
604-267-7022
Fax: --
Website: www.suncofoods.com
Corporate ID#: BC-0000865719
State: British Columbia
Judicial form: Corporation – Profit
Date incorporated: November
6, 2009
Stock: -
Value: -
Name of manager: Samir
VIRANI
Business:
The Company is importer and wholesaler of organic and natural
ingredients, dried food, tree nuts, beans and seeds.
Suppliers include:
DALIAN HUAEN CO., LTD
DALIANWAN 11, DALIAN POST OFFICE, JINZHOU BRANCH, CHINA 116113 DALIAN
Staff: 3
Operations & branches:
At above address, we find
the corporate office.
Shareholders:
Samir VIRANI is a major
shareholder.
Management:
Samir VIRANI is the
President, Director and CEO.
As far as we know, he is not involved in other local corporations.
Subsidiaries
And partnership: None
On a direct call, a sales
manager controlled the present report and gave sales for year 2014 up to CAD
12,000,000=
The business is profitable.
Banks: Scotia Bank
Legal filings
& complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts summary: None