Notes to Consolidated Financial Statements


[in thousands of Canadian dollars]

1. NATURE OF OPERATIONS

The Canadian Standards Association [the "Association"] is incorporated without share capital by letters patent dated January 21, 1919 under the laws of Canada. The Association is a not-for-profit organization engaged in the development of consensus standards in the areas of safety, quality and performance as well as the assessment, certification and registration of conformance to various standards.


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