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Canada Land Company
Canada Lands Company Limited (french: La Société immobilière du Canada) is a self-financing federal Crown corporation reporting to the Parliament of Canada through Public Services and Procurement Canada. The company is responsible for managing property on behalf of the federal government, conducting public consultation and integrating properties back into their surrounding communities for development. Most of its assets are located in Canadian urban centres, and are sold after the CLC revalued the property by providing managerial support and subsidizing immediate costs such as decontamination. However, the company retains ownership of some of Canada's most valued properties, such as Downsview Park, the CN Tower, the Old Port of Montreal and the Montreal Science Centre, from which it draws rental and hospitality revenues. History The CLC was founded in 1956 as the Public Works Lands Company Limited (PWLCL). Its original function was to act as "an intermediary handling public l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crown Corporations Of Canada
Crown corporations in Canada are government organizations with a mixture of commercial and public-policy objectives.Tupper, Allan. 2006 February 7.Crown Corporation" ''The Canadian Encyclopedia'' (last edited 2021 March 18). Retrieved 2021 May 19. They are directly and wholly owned by the Crown (i.e. the government of Canada or a province). Crown corporations represent a specific form of state-owned enterprise. Each corporation is ultimately accountable to (federal or provincial) Parliament through a relevant minister for the conduct of its affairs. They are established by an Act of Parliament and report to that body via the relevant minister in Cabinet, though they are "shielded from constant government intervention and legislative oversight" and thus "generally enjoy greater freedom from direct political control than government departments." Crown corporations are distinct from "departmental corporations" such as the Canada Revenue Agency. Crown corporations have a long-s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shareholder
A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation. Shareholders may be referred to as members of a corporation. A person or legal entity becomes a shareholder in a corporation when their name and other details are entered in the corporation's register of shareholders or members, and unless required by law the corporation is not required or permitted to enquire as to the beneficial ownership of the shares. A corporation generally cannot own shares of itself. The influence of a shareholder on the business is determined by the shareholding percentage owned. Shareholders of a corporation are legally separate from the corporation itself. They are generally not liable for the corporation's debts, and the shareholders' l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cold War
The Cold War is a term commonly used to refer to a period of Geopolitics, geopolitical tension between the United States and the Soviet Union and their respective allies, the Western Bloc and the Eastern Bloc. The term ''Cold war (term), cold war'' is used because there was no large-scale fighting directly between the two superpowers, but they each supported major regional conflicts known as proxy wars. The conflict was based around the ideological and geopolitical struggle for global influence by these two superpowers, following their temporary Allies of World War II, alliance and victory against Nazi Germany and Empire of Japan, Imperial Japan in 1945. Aside from the Nuclear arms race, nuclear arsenal development and conventional military deployment, the struggle for dominance was expressed via indirect means such as psychological warfare, propaganda campaigns, Cold War espionage, espionage, far-reaching Economic sanctions, embargoes, rivalry at sports events, and technolog ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Department Of National Defence (Canada)
The Department of National Defence (DND; french: Ministère de la Défense nationale) is the department of the Government of Canada which supports the Canadian Armed Forces in its role of defending Canadian national interests domestically and internationally. The department is a civilian organization, part of the public service, and supports the armed forces; however, as a civilian organization is separate and not part of the military itself. National Defence is the largest department of the Government of Canada in terms of budget, and it is the department with the largest number of buildings (6,806 in 2015). The department is responsible to Parliament through the minister of national defence Anita Anand . The deputy minister of National Defence, the senior most civil servant within the department, is responsible for the day-to-day leadership and operations of the department and reports directly to the minister. The department exists to aid the minister in carrying out thei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moncton, New Brunswick
Moncton (; ) is the most populous city in the Canadian province of New Brunswick. Situated in the Petitcodiac River Valley, Moncton lies at the geographic centre of the Maritime Provinces. The city has earned the nickname "Hub City" because of its central inland location in the region and its history as a railway and land transportation hub for the Maritimes. As of the 2021 Census, the city had a population of 79,470, a metropolitan population of 157,717 and a land area of . Although the Moncton area was first settled in 1733, Moncton was officially founded in 1766 with the arrival of Pennsylvania German immigrants from Philadelphia. Initially an agricultural settlement, Moncton was not incorporated until 1855. It was named for Lt. Col. Robert Monckton, the British officer who had captured nearby Fort Beauséjour a century earlier. A significant wooden shipbuilding industry had developed in the community by the mid-1840s, allowing for the civic incorporation in 1855. But the sh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Letter Of Credit
A letter of credit (LC), also known as a documentary credit or bankers commercial credit, or letter of undertaking (LoU), is a payment mechanism used in international trade to provide an economic guarantee from a creditworthy bank to an exporter of goods. Letters of credit are used extensively in the financing of international trade, when the reliability of contracting parties cannot be readily and easily determined. Its economic effect is to introduce a bank as an underwriter that assumes the counterparty risk of the buyer paying the seller for goods. History The letter of credit has been used in Europe since ancient times. Letters of credit were traditionally governed by internationally recognized rules and procedures rather than by national law. The International Chamber of Commerce oversaw the preparation of the first Uniform Customs and Practice for Documentary Credits (UCP) in 1933, creating a voluntary framework for commercial banks to apply to transactions wo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arm's Length Principle
The arm's length principle (ALP) is the condition or the fact that the parties of a transaction are independent and on an equal footing. Such a transaction is known as an "arm's-length transaction". It is used specifically in contract law to arrange an agreement that will stand up to legal scrutiny, even though the parties may have shared interests (e.g., employer-employee) or are too closely related to be seen as completely independent (e.g., the parties have familial ties). An arm's length relationship is distinguished from a fiduciary relationship, where the parties are not on an equal footing, but rather, power and information asymmetries exist. It is also one of the key elements in international taxation as it allows an adequate allocation of profit taxation rights among countries that conclude double tax conventions, through transfer pricing, among each other. Transfer pricing and the arm's length principle was one of the focal points of the Base Erosion and Profit Shi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Queen's Privy Council For Canada
The 's Privy Council for Canada (french: Conseil privé du Roi pour le Canada),) during the reign of a queen. sometimes called Majesty's Privy Council for Canada or simply the Privy Council (PC), is the full group of personal consultants to the monarch of Canada on State (polity), state and constitutional affairs. Practically, the tenets of responsible government require the sovereign or his viceroy, the governor general of Canada, to almost always follow only that Advice (constitutional), advice tendered by the Cabinet of Canada, Cabinet: a committee within the Privy Council composed usually of elected members of Parliament. Those summoned to the KPC are appointed for life by the governor general on the advice of the prime minister of Canada, meaning that the group is composed predominantly of former Cabinet ministers, with some others having been inducted as an honorary gesture. Those in the council are accorded the use of an honorific Style (manner of address), style and post- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada Infrastructure Bank
The Canada Infrastructure Bank (french: Banque de l'infrastructure du Canada) (CIB) is a federal Crown Corporation of Canada tasked with financially supporting revenue-generating infrastructure projects that are "in the public interest" through public-private partnerships. The bank was set up in coordination with equity investors such as BlackRock and Canada's largest pension funds. The CIB was officially established in June 2017 and its inaugural chairperson was former Royal Bank of Canada CAO and CFO Janice Fukakusa. The CIB functionally replaced PPP Canada, which was dismantled in 2018. The CIB's stated purpose is to support the government of Canada's official infrastructure priorities, such as investing in public transit, trade and transportation, and green infrastructure. The bank's role and operations were criticized by a wide variety of associations, scholars and opposition parties from its early beginnings. Critics decried the CIB's lack of transparency, poor effic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PPP Canada
PPP Canada (Public-Private Partnerships Canada) (french: Partenariats Public-Privés Canada) was a Crown Corporation responsible for promoting and facilitating Public-private partnerships (PPP, P3), operating under Infrastructure Canada. It was created under Prime Minister Stephen Harper to highlight the commitment of the federal government to P3 infrastructure. PPP Canada managed the “P3 Canada fund” where provinces, territories, and municipalities could apply for funding from the federal government. PPP Canada served as Canada's centralized PPP Unit from its creation in 2009 until it was dissolved in 2018 under Prime Minister Justin Trudeau. Six of the ten Canadian provinces created similar PPP Units, and PPP Canada was meant to serve the same role for provinces that did not have their own P3 Unit. These agencies were created in response to criticisms of P3 projects in the 1990s and early 2000s, that were characterized by an overtly political selection process, lack of rig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Forces
} The Canadian Armed Forces (CAF; french: Forces armées canadiennes, ''FAC'') are the unified Military, military forces of Canada, including sea, land, and air elements referred to as the Royal Canadian Navy, Canadian Army, and Royal Canadian Air Force. Personnel may belong to either the Regular Force or the Reserve Force, which has four sub-components: the Primary Reserve, Canadian Forces Supplementary Reserve, Supplementary Reserve, Cadet Organizations Administration and Training Service, and the Canadian Rangers. Under the ''National Defence Act'', the Canadian Armed Forces are an entity separate and distinct from the Department of National Defence (Canada), Department of National Defence (the Government of Canada, federal government department responsible for administration and formation of defence policy), which also exists as the civilian support system for the Forces. The Canadian Armed Forces are a professional Volunteer military, volunteer force that consists of approxi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Land Development
Land development is the alteration of landscape in any number of ways such as: * Changing landforms from a natural or semi-natural state for a purpose such as agriculture or housing * Subdividing real estate into lots, typically for the purpose of building homes * Real estate development or changing its purpose, for example by converting an unused factory complex into a condominium. Economic aspects In an economic context, land development is also sometimes advertised as land improvement or land amelioration. It refers to investment making land more usable by humans. For accounting purposes it refers to any variety of projects that increase the value of the process . Most are depreciable, but some land improvements are not able to be depreciated because a useful life cannot be determined. Home building and containment are two of the most common and the oldest types of development. In an urban context, land development furthermore includes: * Road construction ** Acces ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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