Survey of Innovation and Business Strategy
Affiliation with a foreign company of enterprise, name
Affiliation with a foreign company refers a relationship between a non-resident business entity with another business which is resident of Canada. The affiliation arises when one business, the parent company, owns (total or partial ownership) another business, the affiliate business.
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.