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:
“no thread
Of cloudy silver sprinkles in your gown
Its venom of renown, and on your head
No crown is simpler than the simple hair.”
—Wallace Stevens (1879–1955)
“The greater speed and success that distinguish the planting of the human race in this country, over all other plantations in history, owe themselves mainly to the new subdivisions of the State into small corporations of land and power.”
—Ralph Waldo Emerson (1803–1882)
“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)