Canada Lands Company Limited is a Canadian governmentCrown corporation. The Company reports to the Parliament of Canada through the Minister of State (Infrastructure and Communities). It is a self-financed Crown corporation. The goal of the CLC is to maximize the financial and communityvalue of surplus federal property. System of government Canada is a constitutional monarchy as a Commonwealth Realm (see Monarchy in Canada) with a federal system of parliamentary government, and strong democratic traditions. ... In Commonwealth countries a Crown corporation is a state-controlled company or enterprise (a public corporation). ... The Parliament of Canada (French: Parlement du Canada) is Canadas legislative branch, seated at Parliament Hill in Ottawa, Ontario. ... Finance addresses the ways in which individuals, business entities and other organizations allocate and use monetary resources over time. ... A community is an amalgamation of living things that share an environment. ... Value is a term that expresses the concept of worth in general, and it is thought to be connected to reasons for certain practices, policies, or actions. ... Surplus - Wikipedia /**/ @import /w/skins-1. ...
The Company owns three subsidiary companies: Canada Lands Company CLC Limited, Old Port of Montreal Inc., Downsview Park Inc.. The latter two companies report directly to Parliament, rather than through the CLCL.
Nevertheless, senior CanadaLands executives were so concerned about the findings of the audit that they asked the forensic accountants to provide a closed-door briefing to their directors and to the Auditor-General.
CanadaLands Co. is a seven-year-old federal Crown corporation created by the Liberal government to sell hundreds of surplus federal government buildings and properties on 1,200 hectares of land across Canada.
The order by CanadaLands to stop their investigation was unusual enough to be noted in one accountants' report: "At the request of the management of CanadaLands, we stopped our investigative work on these irregularities and we did not communicate with nor solicit a meeting with Mr.
Share your thoughts, questions and commentary here
Want to know more? Search encyclopedia, statistics and forums:
Press Releases |
The Wikipedia article included on this page is licensed under the
Images may be subject to relevant owners' copyright.
All other elements are (c) copyright NationMaster.com 2003-5. All Rights Reserved.
Usage implies agreement with terms, 1022, m