Crown corporation

A Crown corporation is a government-owned business in Canada. It operates separately from government ministries while still being accountable to the government and the public. Crown corporations are created to provide services or manage industries that are considered crucial for the economy and society, such as transportation, energy, or banking. They aim to balance profit-making with public interest, ensuring that essential services are accessible and affordable. Examples include Canada Post and CBC/Radio-Canada. Essentially, they combine aspects of private enterprise with public responsibility.