Crown Corporation


Also found in: Dictionary, Wikipedia.

Crown Corporation

A corporation owned by the government of Canada or one of its provincial governments. The federal or provincial government has a large say in setting the budget of crown corporations and appoints the board of directors, but in general they operate as private companies on a day-to-day basis. However, crown corporations are sometimes thought to be less efficient than other companies and several, such as Air Canada, have been privatized. A famous example of a current crown corporation is the Canadian Broadcasting Corporation.
References in periodicals archive ?
The active involvement by two federal government departments (the Certification Office and the Department of Revenue), a federal Crown corporation (the CFDC) and provincial securities commissions emphasized the fact that feature-film policy was unduly complex and confused.
The provincial Crown corporation has already completed two phases of this procurement call.
Indeed, leaving aside television for a moment, it is as difficult to imagine the existence of a Canadian cinema without this crown corporation as it is impossible to write a history of Canadian cinema without an extensive discussion of its catalytic contributions, positive and negative.
CCC is a Crown corporation that specializes in international procurement markets for Canadian exporters and provides services to help them win export sales.
The Royal Canadian Mint is the Crown corporation responsible for the minting and distribution of Canada s circulation coins.
Triple Crown Corporation continues to build dream homes through their remodeling division.
The AMPDC was the first Crown corporation formed in English Canada to assist in the development of a local film and television industry.
is a designated subsidiary crown corporation under The Crown Corporations Act, 1993 and operates with an independent private-sector Board of Directors.
Export Development Canada, a crown corporation of Canada, provides financing, insurance and bonding solutions to Canadian companies that export goods and services or invest in other countries.
Press Release Contact Information: Karen Jordan Marketing Manager Triple Crown Corporation (717) 657-5729 x129 jordank@triplecrowncorp.
As a Crown corporation wholly owned by the federal government, BDC's mandate is unmistakably clear: to support Canadian entrepreneurship by providing financing, consulting and venture capital solutions.
CCC is a Crown corporation that reports to Parliament through the Minister of International Trade.