Calculation of Paid-Up Capital (courtesy translation)
CO-1136-T
Form CO-1136 is to be used by any corporation (other than an insurance corporation or a financial institution) to calculate its paid-up capital.
Note that a corporation can claim a reduction for investments, loans and advances when calculating its paid-up capital (section 4 of form CO-1136). However, restrictions may apply to investments made by the corporation with certain categories of corporations (such as investments made with a bank, credit union, loan corporation, trust corporation or corporation trading in securities).
To see if a corporation is a loan corporation for the purposes of calculating paid-up capital, refer to the list below.
List of prescribed loan corporations
- AmeriCredit Financial Services of Canada Ltd. (as of its taxation year that ended June 30, 2002)
- Associates Commercial Corporation of Canada (as of its taxation year that started after December 31, 1994)
- Beneficial Canada Inc.
- Canadian Cooperative Agricultural Financial Services
- Cartes Citi Canada inc. (as of September 25, 2003)
- Citifinancière Canada inc. (as of July 1, 1999)
- Canaccord Capital Credit Corporation (as of the corporation's first taxation year)
- Household Financial Corporation Limited
- Ford Credit Canada Limited
- Crédit industriel Desjardins
- Financement VFC inc. (for the taxation year that ended on October 31, 2006, and for subsequent taxation years)
- General Motors Acceptance Corporation of Canada Limited
- GMAC Residential Funding of Canada (as of its first taxation year)
- Household Commercial Canada Inc. (as of the taxation year that begins after May 12, 1994)
- Household Commercial Canada Ltd. (as of the taxation year that begins after May 12, 1994)
- Household Finance Corporation of Canada
- Principal Fund Incorporated
- Beneficial Realty Ltd
- Household Realty Corporation Limited
- Cullum's Investments Inc. (as of its taxation year that begins after May 12, 1994)
- Location Transbec Inc. (as of its taxation year that begins after September 30, 1997)
- Mato Inc. (as of a taxation year that begins after May 12, 1994)
- Paccar Financial Ltd. (as of its taxation year that ends on December 31, 2000)
- Molida Investments Ltd. (taxation year that begins after May 12, 1994)
- Val d'Or Loan Inc. (as of the taxation year that begins on August 1, 1994)
- Prêts hypothécaires M.B. inc. (as of its first taxation year)
- Primaco Ltd (as of September 30, 1994)
- Prime Investments Ltd. (as of its taxation year that begins after August 31, 2000)
- RT Mortgage-Backed Securities II Ltd.
- RT Mortgage-Backed Securities Ltd.
- S & H Leasing Ltd. (as of its 2001 taxation year)
- Merchant Retail Services Limited
- AVCO Financial Services Canada Limited
- AVCO Financial Services Quebec Limited
- AVCO Financial Services Realty Limited
- B & M Corporation Inc. (as of its taxation year that begins after May 12, 1994)
- Société crédit Bombardier (as of its taxation year that ends after January 26, 1996)
- Superior Credit Corporation Limited
- T. Eaton Acceptance Co. Limited
- National Retail Credit Services Limited
- Société financière Speedo (1993) ltée (as of its 1997 taxation year)
- Superior Acceptance Corporation Limited
- Société générale Beaver inc. (as of its taxation year that begins after May 12, 1994)
- Société hypothécaire La Salle inc. (as of its 1996 taxation year)
- Société Le Fonds Paradigm inc. (as of its 1997 taxation year)
- VW Credit Canada Inc. (as of its 1995 taxation year)
- Wilfrid Noël et Fils ltée (as of December 1, 1997)
The official version of this document is in French only. To access it, click français.
The courtesy translation of this document is available below for information purposes only.