Natural Resources Canada requires access to timely, accurate and reliable economic and financial data which focus primarily on historical macroeconomic data.
2a) the data provider must:
- Provide NRCan with five user licenses to access their economic data service electronically from a web-based platform.
- have a Microsoft plug-in that will allow identified data to be searched, aggregated and retrieved directly from the service provider using Microsoft Excel
- Build customized financial models in Microsoft Excel which will link directly to the service provider’s source data, and will update remotely through the plug-in as required.
- Provide automated notifications to users for specified investment activity.
- Fully capture all publically traded firms operating worldwide (i.e. over 99% of the world’s market capitalization).
- Data must be supplemented to include privately held firms.
2b) the following detailed firm level financial data, for Canadian and internationally based firms, must be provided with the subscription:
- Mergers and acquisitions (date, value, industry going back to 1980))
- Firm ownership data, including minority ownership and shareholder transactions
- Corporate financial data (e.g. assets, liabilities, debt, and capital expenditure) with links to the source documents (100,000 companies, going back to 1980, involving public and privately held firms.)
- Credit ratings for corporate and sovereign debt following a reputable and consistent methodology
- Consensus forecasts (firm level and macroeconomic level)
