Crown corporation (Canada)

In the corporate law of the Canadian Republic, a crown corporation is the formal designation of a state-owned enterprise, whether owned by the federal government or a provincial/territorial government.

Despite Caanda's being a republic, the term "crown corporation" is a relic from the country's over a century of being a constitutional monarchy with the British monarch as its head of state, the last of whom was Elizabeth II; this is similar to other monarchist titles still officially in use in Canada, such as crown counsel for the state's prosecutor, as well as the continued use of the word "royal" in many official names of agencies (such as the Royal Canadian Mounted Police) and the similar use of crowns and monarchist logos and other symbology by both public and private institutions or enterprises. In fact, according to Canada's current republican constitution, "the Crown" (not mandatorily, but preferably, capitalised) refers to "the state in all its aspects", thereby justifying the continued use of monarchist imagery in a republican context.