Crown Corporations of Canada

Crown Corporations Of Canada

Canadian Crown corporations are enterprises owned by the federal state (the Crown, or Queen, in right of Canada) or a provincial state (the Crown, or Queen, in right of a province); they are established by an act of the relevant parliament and report to that body via a minister of the Crown in the relevant cabinet, though they are "shielded from constant government intervention and legislative oversight" and thus "generally enjoy greater freedom from direct political control than government departments."

Crown corporations have a long standing presence in the country and have been instrumental in the formation of the state. They can provide services required by the public that otherwise would not be economically viable as a private enterprise, or don't fit exactly within the scope of any ministry. They are involved in everything from the distribution, use, and price of certain goods and services to energy development, resource extraction, public transportation, cultural promotion, and property management.

Read more about Crown Corporations Of Canada:  Structure, History

Famous quotes containing the words crown, corporations and/or canada:

    I’ll make thee glorious by my pen
    And famous by my sword;
    I’ll serve thee in such noble ways
    Was never heard before;
    I’ll crown and deck thee all with bays,
    And love thee more and more.
    —James Graham Marquess of Montrose (1612–1650)

    Mischief springs from the power which the moneyed interest derives from a paper currency which they are able to control, from the multitude of corporations with exclusive privileges ... which are employed altogether for their benefit.
    Andrew Jackson (1767–1845)

    Though the words Canada East on the map stretch over many rivers and lakes and unexplored wildernesses, the actual Canada, which might be the colored portion of the map, is but a little clearing on the banks of the river, which one of those syllables would more than cover.
    Henry David Thoreau (1817–1862)