12. Parent Company

12.1 Is the company a parent or a subsidiary company?
12.2 Is the parent Canadian or foreign-owned?

Most publicly traded firms are parent companies. One of the difficulties researchers encounter when they want to gather information at a divisional or subsidiary level is that all SEC filings are for the parent company. If your target firm does have a parent company, you will find that information in the Annual Infromation Form available at SEDAR.  Parent companies typically own a significant amount of stock and/or have representatives on the Board of Directors.

The Inter-corporate ownership product is a comprehensive source of information available on corporate ownership. It is essentially directory of “who owns what” in Canada. It provides up-to-date information reflecting recent corporate takeovers and other substantial changes.