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Crown Corporation

   Also found in: Wikipedia 0.09 sec.
Crown Corporation
Any corporation that is established and regulated by a country's government.

Notes:
An example of a crown corporation is Canada Post, the mail service in Canada.

See also: Corporation

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The Crown corporation has created the Aboriginal Youth Lending Circle program to support youth entrepreneurship in high schools.
Canada Lands Company (CLC), a Crown corporation that disposes surplus federal property and returns its income to the Federal Treasury, is the master planner and developer of Garrison Green, which is part of a larger project nearing completion on a decommissioned military base.
Earlier this year, the North Bay-based Crown corporation landed a six-year, $81-million contract with Toronto's GO Transit to refurbish 121 commuter coaches at ONTC's North Bay rail car shops.
 
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