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Report No. : |
349557 |
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Report Date : |
19.11.2015 |
IDENTIFICATION DETAILS
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Name : |
1575773 ONTARIO INC. |
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Registered Office : |
c/o Aundhia & Parikh & Kapadia LLP (CPA) 265 Rimrock Road, Ste 1, North York, Ontario M3J 3C6 – |
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Country : |
Canada |
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Date of Incorporation : |
03.03.2003 |
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Legal Form : |
Corporation – Profit |
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Line of Business : |
Any lawful business. [Note: We tried to confirm /
obtain the detailed activity but the same is not available from any sources] |
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No. of Employee : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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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 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: 1575773 ONTARIO INC.
Reg. address: c/o Aundhia & Parikh & Kapadia
LLP (CPA)
265 Rimrock Road, Ste 1, North
York, Ontario M3J 3C6 –
Canada
Telephone: +1
416-635-8025
Fax: +1 416-638-6815
Website: --
Corporate ID#: 1575773
State: Ontario
Judicial form: Corporation – Profit
Date incorporated: 03-03-2003
Stock: --
Value: --
Name of manager: Ms. Prembala SINGH
Business:
Any lawful business.
No name of foreign suppliers available.
Staff: None
Operations & branches:
At the registered address,
we find the office of CPA Aundhia & Parikh & Kapadia LLP.
That business was not found
at:
933 Sheppard Avenue West,
North York, Ontario M3H 2T7
(That was a former location
of the CPA)
Shareholders:
This is a SINGH family
owned and managed company.
Management:
Ms. Prembala SINGH is the
President, Director and CEO
Harcharan SINGH is an authorized
signing officer.
They are personally
shareholders at:
SYNOVIC PHARMACEUTICALS
(USA)
GLOPEC INTERNATIONAL, INC. (CANADA)
…
In Canada, privately held
corporations are not required to publish any financials.
No phone line or website
found.
We called the office of CPA
but nobody accepted to answer any question.
We sent a fax to the CPA.
No answer received at this time.
Banks: n/a
Legal filings
& complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts summary: None