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Something to note is that Canada's largest companies by value, and largest employers, tend to be foreign-owned in a way that is more typical of a developing nation than a G8 member. The best example is the automotive sector, one of Canada's most important industries. It is dominated by American, German, and Japanese automotive giants.
In the United States, this spread into leasing the assets of U.S. cities and governmental entities and eventually evolved into cross-border leasing. One significant evolution of the leasing industry involved the collateralization of lease obligations in sale leaseback transactions. For example, a city would sell an asset to a bank.
Leasing can be riskier than buying a car outright (or financing a car purchase with a loan). Leasing companies charge fees for lots of things, like going over the mileage and returning the car ...
A lease takeover eliminates the need to negotiate the car lease and a down payment with a dealer, since those steps have already been completed by the initial lessee. It’s just a matter of ...
Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay.
General Motors of Canada Limited v City National Leasing: Citations: 1989 CanLII 133 (SCC), [1989] 1 SCR 641: Docket No. 19724 [1] Prior history: APPEAL from a judgment of the Ontario Court of Appeal, (1986), 28 DLR (4th) 158, allowing in part an appeal from a judgment of Rosenberg J, (1984), 12 DLR (4th) 273. Ruling
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