Commonwealth of Nations
See also: crown corporation, state-owned enterprises of New Zealand
In monarchical commonwealth countries country-wide government corporations often use the style "crown corporation". Notable exceptions include both the state-owned enterprises and the crown entities in New Zealand. Examples of crown corporations include the Canadian Broadcasting Corporation (CBC) in Canada and Air Canada before it underwent privatisation. Cabinet ministers (ministers of the crown) often control the shares in such public corporations.
Read more about this topic: Government Operations
Famous quotes containing the words commonwealth of, commonwealth and/or nations:
“This little world, this little state, this little commonwealth of our own....”
—Woodrow Wilson (1856–1924)
“By this unprincipled facility of changing the state as often, and as much, and in as many ways as there are floating fancies or fashions, the whole chain and continuity of the commonwealth would be broken. No one generation could link with the other. Men would become little better than the flies of a summer.”
—Edmund Burke (1729–1797)
“We estimate the wisdom of nations by seeing what they did with their surplus capital.”
—Ralph Waldo Emerson (1803–1882)