Canadian Tire, a major Canadian retailer, reported the following in its December 30, 2020, financial statements:

No other investments were reported.

Required1. On which financial statement would the above information have appeared?2. Are the investments described above non-strategic or strategic? Explain why or why not.3. Describe what types of investments might be included in each of the categories above.

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Current investments......... Non-current investments.......... Dec. 30, 2020 $132.5 million 165.0 million