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:
“The crown of literature is poetry. It is its end and aim. It is the sublimest activity of the human mind. It is the achievement of beauty and delicacy. The writer of prose can only step aside when the poet passes.”
—W. Somerset Maugham (1874–1966)
“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)
“I fear that I have not got much to say about Canada, not having seen much; what I got by going to Canada was a cold.”
—Henry David Thoreau (1817–1862)