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Canada Lands Company
Canada Lands Company Limited () 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 land development, leases, permits, titl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crown Corporations Of Canada
Crown corporation () is the term used in Canada for organizations that are structured like private companies, but are directly and wholly owned by the government. Crown corporations have a long-standing presence in the country, and have a significant economic impact, with commercial operations equivalent to 7% of Canadian GDP. Crown corporations are created to advance government policy objectives. Often they provide services to the public that are not economically viable for a private enterprise, or that do not fit exactly within the scope of any ministry. They represent a form of state-owned enterprise. Crown corporations are established by an Act of Parliament, act of parliament or an act of a provincial legislature. Federal government Crowns report to the relevant Minister of the Crown, minister in Cabinet of Canada, Cabinet, though they are "shielded from constant government intervention and legislative oversight" and thus "generally enjoy greater freedom from direct pol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shareholder
A shareholder (in the United States often referred to as stockholder) of corporate stock refers to 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 shareholders on the business is determined by the shareholding percentage owned. Shareholders of corporations are legally separate from the corporation itself. They are generally not liable for the corporation's debts, and the shareholders ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cold War
The Cold War was a period of global Geopolitics, geopolitical rivalry between the United States (US) and the Soviet Union (USSR) and their respective allies, the capitalist Western Bloc and communist Eastern Bloc, which lasted from 1947 until the dissolution of the Soviet Union in 1991. The term ''Cold war (term), cold war'' is used because there was no direct fighting between the two superpowers, though each supported opposing sides in regional conflicts known as proxy wars. In addition to the struggle for ideological and economic influence and an arms race in both conventional and Nuclear arms race, nuclear weapons, the Cold War was expressed through technological rivalries such as the Space Race, espionage, propaganda campaigns, Economic sanctions, embargoes, and sports diplomacy. After the end of World War II in 1945, during which the US and USSR had been allies, the USSR installed satellite state, satellite governments in its occupied territories in Eastern Europe and N ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Department Of National Defence (Canada)
The Department of National Defence (DND; ) 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 Bill Blair 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 their responsibilities within the Defence Portfolio ... [...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 2024 Statistics Canada estimates, the city had a population of 97,523. The metropolitan population in 2024 was 188,036, making it the fastest growing census metropolitan area (CMA) in Canada for the year with a growth rate of 5.1%. Its land area is . 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. ... [...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. Typically, after a sales contract has been negotiated, and the buyer and seller have agreed that a letter of credit will be used as the method of payment, the ''applicant'' will contact a bank to ask for a letter of credit to be issued. Once the ''issuing bank'' has assessed the buyer's credit risk, it will issue the letter of credit, meaning that it will provide a promise to pay the seller upon presentation of certain docum ... [...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 were one of the focal points of the base erosion and profit s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Queen's Privy Council For Canada
The King's Privy Council for Canada (), sometimes called His Majesty's Privy Council for Canada or simply the Privy Council (PC), is the full group of personal advisors to the monarch of Canada on state and constitutional affairs. Practically, the tenets of responsible government require the sovereign or his viceroy, the governor general, to almost always follow only that advice tendered by the Cabinet: a committee within the Privy Council composed usually of elected members of Parliament. Those summoned to the Privy Council are appointed for life by the governor general on the advice of the prime minister, meaning that the group is composed predominantly of former Cabinet ministers, with some others having been inducted as an honorary gesture. Privy counsellors are accorded the use of an honorific style and post-nominal letters, as well as various signifiers of precedence. -in-Council The Government of Canada, which is formally referred to as ''His Majesty's Governmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada Infrastructure Bank
The Canada Infrastructure Bank () (CIB) is a federal Crown Corporation of Canada tasked with financially supporting revenue-generating infrastructure projects that are "in the public interest" by catalyzing private investment through methods such as direct investment and 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. 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 have been criticized by a wide variety of associations, scholars, and opposition parties from its early beginnings. Critics have decried the CIB ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PPP Canada
PPP Canada (Public-Private Partnerships Canada) () was a Crown Corporation responsible for promoting and facilitating Public-private partnerships (PPP, P3), operating under Housing, Infrastructure and Communities 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 rigorous assessment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Forces
The Canadian Armed Forces (CAF; , FAC) are the unified Military, military forces of Canada, including sea, land, and air commands referred to as the Royal Canadian Navy, Canadian Army and the Royal Canadian Air Force. 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 the administration and formation of defence policy), which also exists as the civilian support system for the forces. The Commander-in-Chief of the Canadian Armed Forces, command-in-chief of the Canadian Armed Forces is constitutionally vested in the Monarchy of Canada, monarch, , who is represented by the Governor General of Canada, Governor General. The Chief of the Defence Staff (Canada), chief of the Defence Staff is the professional head of the Canadian Armed Forces, who under the direction of the Minister of Nati ... [...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 House, housing * subdivision (land), Subdividing real estate into Lot (real estate), 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 (living space), condominium History Land development has a history dating to Neolithic times around 8,000 BC. From the dawn of civilization, the process of land development has elaborated the progress of improvements on a piece of land based on codes and regulations, particularly housing complexes. 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 increas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
