Draft guidelines on notifications – Cultural sector investments
Supplementary Information - Notification to Establish a New or Acquire Control of an Existing Canadian Cultural Business
This document contains suggestions on supplementary information that would be helpful to the Department of Canadian Heritage in processing Notifications to establish a new or acquire an existing Canadian cultural business. The aim is to ensure that the government has more thorough information on which to base a decision to review or not to review an investment. Although the information is not required for certification purposes, it would provide a more complete set of facts about the investment for the Department to consider, and could potentially reduce the number of reviews undertaken by the Department.
Investor
Please indicate if there are any other filings concerning the investment (e.g. at Industry Canada).
Please note that if there is more than one investor and/or controller, information should be provided for each investor/controller. In addition, please include:
- any website addresses pertaining to the investor(s);
- any website or email addresses pertaining to the controller(s).
Investment
When noting the implementation date of the investment, please also describe any other factors or significant milestones that may affect deadlines (e.g. deadlines associated with share purchase options).
Canadian Business(es) (acquisition only)
Please include the following, where applicable:
- Question 24: any website or email addresses of the Canadian business, as well as all street addresses in the case of multiple locations;
- Question 25: an elaboration on the exact business activity and a description of the nature of the principal clients served by the Canadian business. Please also indicate whether the Canadian business activity is undertaken in the online environment, the physical environment, or both. If film distribution is an activity, please indicate whether proprietary and/or third party product is distributed. Indicate whether any cultural products are produced independently or in conjunction with another product (e.g. a book on computer usage sold with a computer). Where possible, please provide a sample of all types of publications, especially periodicals;
- Question 26: number of staff by location;
- Question 28: if the Canadian business is entirely cultural, please provide a breakdown of the assets for each cultural activity if possible. If the Canadian business is engaged in both cultural and non-cultural activities, please provide figures for total assets and cultural assets. If possible, a further breakdown of the assets of each cultural activity would be helpful.
Canadian Business(es) Being Established (new business only)
Please include the following, where applicable:
- Question 20: any website or email addresses of the Canadian business, as well as all street addresses in the case of multiple locations;
- Question 21: an elaboration on the exact business activity and a description of the nature of the principal clients served by the Canadian business. Please also indicate whether the Canadian business activity is undertaken in the online environment, the physical environment, or both. If film distribution is an activity, please indicate whether proprietary and/or third party product is distributed. Indicate whether any cultural products are produced independently or in conjunction with another product (e.g. a book on computer usage sold with a computer). Where possible, please provide a sample of all types of publications, especially periodicals;
- Question 22: number of staff by location.
Canadian Cultural Heritage or National Identity
For this section, please elaborate on the business activities that the Canadian investment falls within, including:
- the approximate percentage of revenue that results from each cultural activity, and the importance of this cultural activity towards the overall revenues of the investor or of the Canadian business; and
- how this cultural investment will relate to other cultural and/or non-cultural business activities of the investor or of the Canadian business, if relevant;
- if activity is book retail, please provide the proportion of retail space used for/revenue derived from the sale of books;
- if the investment is a single-purpose film production (establishment only), please provide a statement indicating this, and provide an estimate of the number of Canadians expected to be involved in the production, as well as the approximate total Canadian production budget.
Please provide the supplementary information on a separate document appended to the notification form.
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