Activities of Canadian Multinational Enterprises Abroad

Affiliate's total assets of enterprise, value

Affiliates total assets' refers to the total assets of an affiliate of a local enterprise at a specified point in time. Assets are entities functioning as stores of value and over which ownership rights are enforced by institutional units, individually or collectively, and from which economic benefits may be derived by their owners by holding them, or using them, over a period of time. The economic benefits consist of primary income derived from the use of the asset, and the value, including possible holding gains or losses, that could be realized by disposing of the asset or terminating it.

Enterprise refers to the highest level of the Business Register statistical hierarchy. In alignment with the System of National Accounts, it is defined as an institutional unit that directs and controls the allocation of resources relating to its operations, and for which financial statements are maintained from which international transactions, an international investment position and a financial position for the unit can be derived. Enterprises can be corporations, quasi-corporations, institutions, or unincorporated businesses such as sole proprietors or partnerships. For incorporated enterprises, financial statements can be consolidated.

The data for this variable are reported using the following measurements:

• Canadian dollar at current prices