Crown corporation

[kroun kawr-puh-rey-shuhn]

noun

Canadian.

1. a commercial company owned by the government and controlled and partially operated by civil servants.

Crown corporation

noun

1. a corporation owned by the federal or a provincial government

Word History and Origins

Origin of Crown corporation¹

First recorded in 1960–65

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.

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Canada set up the Growth Fund last year, which is run through the Public Sector Pension Investment Board, a federal Crown corporation.

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Air Canada, the country’s flag carrier, was founded as a crown corporation in 1937.

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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.

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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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