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Crown Corporation |
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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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