Structure
In Canada, Crown corporations, within either the federal or provincial spheres, are technically owned and operated by the monarch, as the institution's sole shareholder; this follows the legal premise that the Crown, as an institution, owns all the property of state. In practice, most Crown corporations operate at arm's length from the government (the Queen-in-Council), with direct government control only being exerted over the corporation's budget and the appointment of its chairperson and directors through Orders-in-Council.
Some Crown corporations are expected to be profitable organisations, while others are non-commercial and rely entirely on public funds to operate. Further, in the federal sphere, certain Crown corporations can be an agents or non-agent of the Queen in Right of Canada. One with agent status is entitled to the same constitutional prerogatives, privileges, and immunities held by the Crown and can bind the Crown by its acts. The Crown is thus entirely responsible for the actions of these organisations. The Crown is not liable for Crown corporations with non-agent status, except for actions of that corporation carried out on instruction from the government, though there may be "moral obligations" on the part of the Crown in other circumstances.
Read more about this topic: Crown Corporations Of Canada
Famous quotes containing the word structure:
“It is difficult even to choose the adjective
For this blank cold, this sadness without cause.
The great structure has become a minor house.
No turban walks across the lessened floors.
The greenhouse never so badly needed paint.”
—Wallace Stevens (1879–1955)
“Just as a new scientific discovery manifests something that was already latent in the order of nature, and at the same time is logically related to the total structure of the existing science, so the new poem manifests something that was already latent in the order of words.”
—Northrop Frye (b. 1912)
“Man is more disposed to domination than freedom; and a structure of dominion not only gladdens the eye of the master who rears and protects it, but even its servants are uplifted by the thought that they are members of a whole, which rises high above the life and strength of single generations.”
—Karl Wilhelm Von Humboldt (1767–1835)