Inniskillin Ice Wines, CGI, Parasuco jeans, Alfred Sung, Cirque du Soleil, and page 12 of the following:
[External Link]
Interestingly, Ikea is not a Swedish corporation. It's a complicated set of nonprofit foundations and for-profit corporations based in the Netherlands, Luxembourg, and the Netherlands Antilles (Curacao) that own each other in interlocking ways and license and franchise from each other.
This is for tax purposes.
Our biggest companies are banks and they benefit from an oligopoly. Our next biggest are energy companies and they benefit from an accident of geography.
Canada's economy is one of the least dynamic and enterprising in the developed world.
chip: And our banks have done their best to remove any recognizable Canadian identification--BMO, RBC, Scotia Bank (!), CIBC, TD Bank.
Mark
Ottawa
As Gabby wrote, Cirque du Soleil has done an amazing job. Guy Laliberte has just been named the 2007 Ernst & Young World Entrepreneur Of The Year.
As for Why Mexicans Don't Drink Molsons - hell I don't drink their crappy beer either.
Gabby:
On the list of 25 you linked not one is a Global brand of any standing, more importantly not one of them is a global company which is the argument Ms. Mandel-Campbell is making.
We are hewers of wood and drawers of water pretending to be a cosmopolitan world leader.
Gabby:
Don Ziraldo and Karl Keiser sold Inniskillin years ago to Vincor (i.e. Jackson-Triggs). Vincor was sold last year to Constellation Brands, a large multi-national. They are no longer Canadian owned.
[External Link]
Mark: "As Ms Mandel-Campbell points out, Nortel does its best to downplay its Canadian identity abroad (as does Bombardier .."
Downplaying a company's national identity is quite common for multi-national corporations. How many people think the electronics and appliance firm LG means "Life's Good" as opposed to it's real name (in English) Lucky Goldstar. [External Link]
Other examples are HSBC Bank (The Hongkong and Shanghai Banking Corporation), ING (Internationale Nederlanden Group). I recently read somewhere that only a minority of respondents knew that Nokia was Finnish.
Deutsche Telekom markets their cellular service as T-Mobile including in the U.S. Computer Science Corporation simply calls themselves CSC worldwide. And the list could go on.
Sorry people, I disagree. Check out the latest Financial Post Business - FP 500 (largest corps.)
lists a number of home grown international co.s.
Magna,Power, Alcan,Petro-Can, Onex,Suncor, Husky,Couche-Tard,Talisman,Brookfield Asset, Thompson - this is just from the first page.
It's depressing that nobody's mentioned MDA [External Link]
Posted at 2007-06-06 23:14:02 [PermaLink]MikeW; Husky Energy is Canadian in name but not ownership. Li Kai Shing and his family own about 70% of the company...
(From the annual report)
VOTING SECURITIES AND PRINCIPAL HOLDERS THEREOF
As at March 15, 2002, the Corporation had 417,305,401 Common Shares outstanding. Each
Common Share confers upon the holder thereof the right to one vote. Only those shareholders of record
on the Record Date are entitled to notice of, and to attend and vote at the Meeting. Any transferee or
person acquiring Common Shares after the Record Date may, on proof of ownership of Common Shares,
demand of Computershare not later than 10 days before the Meeting that his name be included in the list
of persons entitled to attend and vote at the Meeting.
To the knowledge of the directors and senior officers of the Corporation, as at March 15, 2002 no
person or company beneficially owns, directly or indirectly, or exercises control or direction over, more
than 10% of the voting rights attached to all of the outstanding Common Shares of the Corporation other
than as set forth below:
Name Type of Ownership
No. of Common
Shares
Percentage of
Common Shares
U.F. Investments (Barbados) Ltd. Beneficial and of
Record
146,381,446(1) 35.1%
L.F. Investments (Barbados) Ltd. Beneficial and of
Record
137,419,318(2) 32.9%
H.F. Investments (Barbados) Ltd. Beneficial and of
Record
14,936,883(3) 3.6%
NOTES:
(1) U.F. Investments (Barbados) Ltd. also owns 252,237 transferable common share purchase warrants of the
Corporation. Each common share purchase warrant is exercisable at a price of $0.01 for 1.857 Common
Shares in accordance with the terms of such warrants as summarized in note (4) below for an aggregate of
up to 468,405 Common Shares. U.F. Investments (Barbados) Ltd. is 100% indirectly owned by Hutchis on
Whampoa Limited of which Mr. Li Ka -shing is the Chairman. Trusts of which Mr. Li and members of his
family are discretionary beneficiaries hold an indirect 33.3% interest in Cheung Kong (Holdings) Limited,
which holds an indirect 49.9% interest in Hutchison Whampoa Limited. Mr. Li holds an indirect 2.855%
interest in Cheung Kong (Holdings) Limited.
(2) L.F. Investments (Barbados) Ltd. also owns 236,794 transferable common share purchase warrants of the
Corporation. Each common share purchase warrant is exercisable at a price of $0.01 for 1.857 Common
Shares in accordance with the terms of such warrants as summarized in note (4) below for an aggregate of
up to 439,727 Common Shares. L.F. Investments (Barbados) Ltd. is 100% indirectly owned by Mr. Li Ka -
shing and trusts of which Mr. Li and members of his family are discretionary beneficiaries, and is indirectly
controlled by Mr. Li through the ownership of voting preferred shares.