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An unlimited liability corporation (ULC) within Canadian corporate law is a Canadian corporation designation, wherein shareholders are liable up to unlimited amounts for any liability, act or default of the corporation. By comparison, in most corporations, shareholders are not usually liable due to a limited liability model.
The Business Development Bank of Canada (BDC; French: Banque de développement du Canada) is a Crown corporation and national development bank wholly owned by the Government of Canada, mandated to help create and develop Canadian businesses through financing, growth and transition capital, venture capital and advisory services, with a focus on small and medium-sized enterprises.
Staples Canada ULC, operating as Staples (Bureau en Gros in Quebec), [1] is a Canadian retail sales company owned by Sycamore Partners. [2] Staples was founded by Leo Kahn [3] and Thomas G. Stemberg. [4] Since 2017, Staples Canada has operated independently from Staples' U.S. retail and U.S. business-to-business (B2B) operations. [5]
Rexall Pharmacy Group ULC is a chain of retail pharmacies in Canada. Founded in 1904, Rexall has almost 400 pharmacies across Canada with 8,000 employees. Founded in 1904, Rexall has almost 400 pharmacies across Canada with 8,000 employees.
Norampac Luxembourg Sarl was closed in September 2008 by incorporation into Cascades Luxembourg Sarl (new capital February 2012: USD 64 933 600,00) and beginning of February 2012, Cascades Canada Inc Luxemburg Branch changed her name to Cascades Canada ULC Luxembourg Branch. In summer 2017, Cascades opened a new mill in Scappoose, Oregon. The ...
Greyhound Canada Transportation ULC (Greyhound Canada) was an intercity coach service that began as a local British Columbia bus line in the early 1920s, expanded across most of Canada, and became a subsidiary of the American Greyhound Lines in 1940.
CNOOC Petroleum North America ULC, formerly known as Nexen, is a Canadian oil and gas company based in Calgary, Alberta.. Originally the Canadian subsidiary of US-based Occidental Petroleum (known as Canadian Occidental Petroleum or CanOxy), it became an independent company, Nexen, in 2000.
An unlimited company or private unlimited company is a hybrid company (corporation) incorporated with or without a share capital (and similar to its limited company counterpart) but where the legal liability of the members or shareholders is not limited: that is, its members or shareholders have a joint and several non-limited obligation to meet any insufficiency in the assets of the company ...