Traduction de «Capital managed » (Anglais → Français) :

managers of qualifying venture capital funds, persons who effectively conduct the business of those managers, employees of, or any person who directly or indirectly controls or is controlled by, those managers, and the qualifying venture capital fund managed by those managers, or the investors therein.

In regard to point (c) of the first subparagraph, where the legal form of a qualifying venture capital fund permits internal management and where the governing body of the fund does not appoint an external manager, the qualifying venture capital fund itself shall be registered as the manager of a qualifying venture capital fund in accordance with Article 14.

Furthermore, investments made by executives, directors or employees involved in the management of a manager of a qualifying venture capital fund should be possible when investing in the qualifying venture capital fund that they manage, as such individuals are knowledgeable enough to participate in venture capital investments.

1. Managers of qualifying venture capital funds shall identify and avoid conflicts of interest and, where they cannot be avoided, manage and monitor and, in accordance with paragraph 4, disclose promptly, those conflicts of interest in order to prevent them from adversely affecting the interests of the qualifying venture capital funds and the investors therein and to ensure that the qualifying venture capital funds they manage are fairly treated.

Because the entity referred to in the response to Q-972 was involved in active projects in several countries, CIDA took the following specific measures to protect the interests of the Crown: CIDA established a multi-disciplinary task force to oversee a common, integrated and corporate approach to managing the situation and mitigating potential risks; discussions and meetings were held with senior representatives of the organization, who provided detailed information on the extent and severity of the financial situation, and the likely operational impacts; based on the initial information received, as well as a review of the current sta ...[+++]tus of project implementation, management arrangements and contractual terms and conditions, CIDA completed an internal review and assessment of the fiduciary and other risks across each program; a proactive monitoring and integrated risk management approach was developed and agreed with the organization, which featured open and direct channels of communication at a senior level to provide regular updates on the financial situation and recovery as well as to facilitate the dissemination of information on operational progress across the agency and decision-making on individual projects; in projects where the organization was part of a consortium, the agency agreed, on a non-objection basis, to the transfer or assignment of the lead implementation role to other well-established members or partners, who were jointly and severally liable; for projects where the organization was solely responsible for delivery or implementation, the agency took steps to ensure that all financial and performance guarantees were enforceable, in case of need; as part of its efforts to continue operations and remain a going concern, the organization presented a comprehensive business plan and financial projections that were developed with legal and financial third party advisors, a plan was subsequently validated by independent auditors as part of the due ...

(Return tabled) Question No. 235 Ms. Joyce Murray: With respect to Western Economic Diversification (WED) Canada, for fiscal years 2005-2006 to 2010-2011 (inclusive), what are the total authorities used on the following programs and activities, including authorities granted by statutes other than Appropriation Acts, broken down by individual budget categories or subcategories: (a) community economic development, (i) initiatives to facilitate economic recovery from depressed economic circumstances, (ii) initiatives designed to foster community growth and economic development, (iii) investments in community infrastructure; (b) innovation, (i) knowledge infrastructure, (ii) basic and applied research and development, (iii) personnel, (iv) inv ...[+++]estments to improve access to adequate patient financing, (v) technology commercialization facilities, (vi) support systems and mechanisms to link those elements to each other; (c) business development, (i) initiatives to enhance business productivity and competitiveness, (ii) initiatives to support trade and investment attraction and penetration of western Canadian technologies, services and value-added products into international markets, (iii) initiatives in priority sectors to introduce new products, technologies, or innovations to existing production and processes, (iv) programs and services designed to improve access to risk capital and business services for entrepreneurs and small businesses; (d) policy, advocacy, and coordination, (i) initiatives to advocate for Western Canada in national policy discussions, (ii) leading federal and intergovernmental collaboration, (iii) research and analysis to inform policy and program decisions; (e) internal services, (i) management and oversight services, (ii) communications services, (iii) legal services, (iv) human resources management services, (v) financial management services, (vi) information management services, (vii) information technology services, (viii) real property serv ...