To find information on corporations

Corporation filings

Look up the company on the http://www.sedar.com">“System for Electronic Document Analysis and Retrieval” (SEDAR). This website provides information for investors in all publicly traded corporations in Canada. Click on Company Profiles and choose the first letter of the company’s name, then scroll down to click on the name. Then click on “View this company’s public documents”. Some of the useful public documents are the Annual Report, the MD&A (Management’s Discussion and Analysis), and any Prospectus that has been issued.

Not all companies are publicly traded. For companies that are not listed on SEDAR, find out which province the corporation is registered in and look up the company on that province’s corporate registry. Most provinces allow you to do this on the internet and charge a nominal fee for the service. (See the Provincial Resources section for more information). You will be able to get information about the location of the head office and the type of company (sole proprietorship, limited company, etc.) from the basic listing. Order the company’s Annual Return to get more details, including the names of all the directors, a listing of the investors and the number of shares each one holds.

Review the documents closely and look for any information that will help. You may want to do an internet search on each of the company directors’ names to see if they are involved with other ILO enterprises, corporations or government agencies.

To find out more about the company’s and its directors’ track record you can search for news articles that mention them. Use “quotation marks” around the full name so you don’t get too many irrelevant hits. You can go to your local public library, or use its website, to access specialized news databases to find archived articles from many different sources. Ask the librarian to help you get started. You may be able to use your community college or university libraries to gain access to more sophisticated searching tools.

Make notes as you go and share your results with members of your group and with allies. You are building a picture of the company.

Loans or liens against the Corporation

Learn if there are any liens against the company or the land proposed for the ILO development. Each province has a system for searching for liens. You will need to have specific information about the debtor or the land concerned in order to do an effective search. There is a nominal fee for doing a lien search.

Public loans or funding

Find out about any government loans or other public funding to the company, particularly any funds or loans specific to the ILO proposal in your community. There are federal funding programs common to all, or several, provinces. There are provincial programs in each province. And, some municipalities may give grants or loans to the ILO proponent as an incentive to locate there. “Public-private partnerships” for infrastructure development are another form of public subsidy to ILOs in situations where the risk (pollution and cost over-runs) is born by the public and the benefit (profit) is captured by the company. There are many forms of public subsidy to the industrial livestock sector.

Federal programs, funds and loans

ACAAF

http://www.agr.gc.ca/acaaf/index_e.html">The Advancing Canadian Agriculture and Agri-Food program is a five-year, $240 million program aimed at positioning Canada’s agriculture and agri-food sector at the leading edge to seize new opportunities. ACAAF was launched in April 2004 as a successor to the Canadian Adaptation and Rural Development (CARD) Fund.

For the administrators of ACAAF grants in your province, see: http://www.agr.gc.ca/acaaf/information/acaafcouncils_e.html

The Canadian Adaptation and Rural Development (CARD) Fund (Prior to 2004)

Initially started in 1995, the CARD program was the Government of Canada’s initiative to foster the increased long-term growth, employment and competitiveness of Canada’s agricultural and agri-food industry and agricultural rural areas. CARD supported change by providing measures to assist the sector in adapting to structural changes and to capture market opportunities.

http://www.gnb.ca/0398/investment/incentives/index-e.asp">Federal Investment Tax Credit

Deducted from federal tax payable, this credit is 10 percent of net investment in equipment and buildings in manufacturing, processing, mining, oil and gas, logging, farming, and fishing. Investment Tax Credits which exceed federal tax payable can be carried back to reduce federal tax in the three previous years or carried forward up to ten years. This credit applies only in the Atlantic Provinces and Quebec’s Gaspé region.

http://www.wd.gc.ca/eng/home.asp">Western Economic Diversification Fund

Provides grants to businesses and organizations promoting economic development in Western Canada.