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Crown corporation
[ kroun kawr-puh-rey-shuhn ]
noun
- a commercial company owned by the government and controlled and partially operated by civil servants.
Crown corporation
noun
- in Canada a corporation owned by the federal or a provincial government
Word History and Origins
Origin of Crown corporation1
Example Sentences
The LCBOs scattered through Ontario today - generally well-stocked, clean and some consumers will argue, overpriced - are the product of a nearly century-old decision that gave the Crown corporation control over the distribution and sale of liquor in the province.
Canada set up the Growth Fund last year, which is run through the Public Sector Pension Investment Board, a federal Crown corporation.
Air Canada, the country’s flag carrier, was founded as a crown corporation in 1937.
British Columbia Hydro and Power Authority, a state-owned utilities company, saw back-to-back record-breaking electricity use on Saturday and Sunday, with some local power outages reported across the system, the Provincial Crown corporation said in a news release Monday.
A national survey by Destination Canada, a crown corporation that markets Canada as a tourist destination, found that just 24 percent of people in Quebec somewhat or strongly agreed with welcoming U.S. visitors — and they were the most enthusiastic province.
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