British Columbia Government Agencies And Crown Corporations
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British Columbia Government Agencies And Crown Corporations
This is a list of crown corporations and agencies of the Government of British Columbia. Crown corporations in BC are public-sector organizations established and funded by the Government of British Columbia to provide specialized goods and services to citizens. They operate at varying levels of government control, depending on how they are defined, funded, and the kinds of services they provide. In general, though they are technically owned by the government, they operate at arm’s length from the public service and the elected officials of the government. Individually, every public sector organization in BC is assigned a ministry that is responsible for the organization. That minister is the primary link between the B.C. government and the organization and is held accountable to the government for the performance of the organization. The Crown Agencies and Board Resourcing Office (CABRO) is responsible for supporting the governance of these organizations as a whole. Current ...
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Crown Corporations
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ...
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BC Housing Management Commission
Founded in 1967, BC Housing is a provincial Crown agency under the Ministry of Attorney General and Minister responsible for Housing, that develops, manages and administers a wide range of subsidized housing options across the province. It is located in Burnaby, British Columbia, Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot .... They license residential builders, administer owner builder authorizations and carry out research and education that benefits the residential construction industry, consumers and the affordable housing sector. Licensing & Consumer Services Licensing & Consumer Services (Licensing, previously known as the Homeowner Protection Office) is a branch of BC Housing. It is responsible for licensing residential builders and building envelope renovators provin ...
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Columbia Basin Trust
Columbia Basin Trust was created by the ''Columbia Basin Trust Act'' (British Columbia) in 1995 to benefit the region most adversely affected by the Columbia River Treaty (CRT), in the Canadian province of British Columbia. The CRT, ratified by the United States and Canada in 1964, led to the construction of three storage dams in the Basin (the Duncan, Keenleyside and Mica dams) and one in Montana (Libby Dam). The purpose of these dams was flood control and power production in both countries. Most of the benefits of the CRT were enjoyed by areas outside the Basin while most of the negative effects were, and still are, felt by the Basin. There was a lack of prior consultation with the people of the Basin, including the 2,300 residents who were displaced by flooding of their communities and farms. The people of the Basin came together in the early 1990s to press the Province for recognition of the injustice of this situation. Local governments in the Basin coordinated their efforts ...
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Capital Market
A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold, in contrast to a money market where short-term debt is bought and sold. Capital markets channel the wealth of savers to those who can put it to long-term productive use, such as companies or governments making long-term investments. Financial regulators like Securities and Exchange Board of India (SEBI), Bank of England (BoE) and the U.S. Securities and Exchange Commission (SEC) oversee capital markets to protect investors against fraud, among other duties. Transactions on capital markets are generally managed by entities within the financial sector or the treasury departments of governments and corporations, but some can be accessed directly by the public. As an example, in the United States, any American citizen with an internet connection can create an account with TreasuryDirect and use it to buy bonds in the primary market, though sales to individu ...
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British Columbia Securities Commission
The British Columbia Securities Commission (BCSC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of British Columbia. See also * Canadian securities regulation * Securities Commission * Canadian Securities Administrators * Ontario Securities Commission * Autorité des marchés financiers (Québec) Autorité des marchés financiers may refer to: *Autorité des marchés financiers (France) Autorité des marchés financiers may refer to: * Autorité des marchés financiers (France) *Autorité des marchés financiers (Québec) Autorité des march ... References External linksOfficial siteAbout the BCSC
British Columbia law
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British Columbia Lottery Corporation
The British Columbia Lottery Corporation is a Canadian Crown corporation offering a range of gambling (AKA gaming) products including lottery tickets, casinos and legal online gambling. It is based in Kamloops, with a secondary office in Vancouver. It consists of three business units, Lottery, Casino and eGaming; and five support divisions, Human Resources, Information Technology, Compliance & Security, Finance, and Communications. Its annual revenues exceed CDN $3.1 billion. It has 890 direct employees. Its service providers, who run casinos on its behalf under contract, have an additional 8,300 employees. Background The British Columbia Lottery Corporation (BCLC) was incorporated under the provincial ''Company Act'', subsequently replaced by the ''Business Corporations Act''. While incorporated under the same law as other BC corporate entities, it is without share capital and has only one shareholder: the province itself. This ownership structure makes it what is known ...
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Metro Vancouver Regional District
The Metro Vancouver Regional District (MVRD), or simply Metro Vancouver, is a Canadian political subdivision and corporate entity representing the metropolitan area of Greater Vancouver, designated by provincial legislation as one of the 28 regional districts of British Columbia, regional districts in British Columbia. The organization was known as the Regional District of Fraser–Burrard for nearly one year upon incorporating in 1967, and as the Greater Vancouver Regional District (GVRD) from 1968 to 2017. Metro Vancouver borders Whatcom County, Washington, to the south, the Fraser Valley Regional District to the east, the Squamish-Lillooet Regional District to the north, and the Nanaimo Regional District and Cowichan Valley Regional District across the Strait of Georgia to the west. The MVRD is under the direction of 23 local authorities and delivers regional services, sets policy and acts as a political forum. The regional district's most populous city is Vancouver, and M ...
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British Columbia Ministry Of Transportation And Infrastructure
The Ministry of Transportation and Infrastructure is the British Columbia government ministry responsible for transport infrastructure and law in the Canadian province of British Columbia. It is currently led by Rob Fleming. The ministry is responsible for the planning of transportation networks, providing transportation services and infrastructure, developing and implementing transportation policies, and administering many transportation-related acts and regulations. Its responsibilities include ports, airports, public transit, ferry services, roads and cycling networks. The ministry is also responsible for the following Crown Corporations: BC Transportation Financing Authority, BC Railway Company, BC Transit, the Transportation Investment Corporation, the Insurance Corporation of British Columbia and the BC Pavilion Corporation. Mandate The purpose of the Ministry of Transportation and Infrastructure is to: * Create an integrated and safe transportation network that incorporates ...
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BC Transit
BC Transit is a provincial crown corporation responsible for coordinating the delivery of public transportation within British Columbia, Canada, outside Greater Vancouver. BC Transit is headquartered in Victoria, British Columbia. In , the system had a ridership of , or about per weekday as of . BC Transit is the successor to the British Columbia Electric Railway, which started in 1897 and in 1961 became BC Hydro, as the BC Hydro and Power Authority. In 1979, the province separated the transit authority into a separate agency called the Urban Transit Authority which was later restructured into BC Transit in 1983. BC Transit carries out overall planning and delivery for all of the different municipal transit systems in British Columbia. In 1999, responsibility for the management of transportation in Greater Vancouver, including public transit, was taken over by the newly formed TransLink. In the future, TransLink's jurisdiction is planned to expand into adjacent regions east and ...
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Vancouver Convention Centre
The Vancouver Convention Centre (formerly known as the Vancouver Convention & Exhibition Centre, or VCEC) is a convention centre in Vancouver, British Columbia, Canada; it is one of Canada's largest convention centres. With the opening of the new West Building in 2009, it now has of meeting space. It is owned by the British Columbia Pavilion Corporation, a Crown corporation owned by the government of British Columbia. The Centre served as the main press centre and International Broadcast Centre for the 2010 Winter Olympics. East Building The East Building is located in Canada Place, which it shares with a cruise ship terminal, and the Pan Pacific hotel. It has of space, including a , column-free, dividable exhibition hall, 20 meeting rooms, and a ballroom. The East Building served as the venue for a series of religious gatherings which hosted His Highness Prince Karim Aga Khan 49th Imam of Ismaili Muslims, on August 24, 25, 26, 1992 as well as June 10, 2005. The East Buil ...
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BC Place
BC Place is a multi-purpose stadium in Vancouver, British Columbia, Canada. Located at the north side of False Creek, it is owned and operated by the BC Pavilion Corporation (PavCo), a crown corporation of the province. The venue is currently the home of the BC Lions of the Canadian Football League (CFL), Vancouver Whitecaps FC of Major League Soccer (MLS), the annual Canada Sevens (part of the World Rugby Sevens Series), as well as the BC Sports Hall of Fame. BC Place was the main stadium for the 2010 Winter Olympics and 2010 Paralympics, the 2012 CONCACAF Women's Olympic Qualifying Tournament, as well as a venue for multiple matches including the championship match for the 2015 FIFA Women's World Cup. The stadium is set to host multiple matches during the 2026 FIFA World Cup. The stadium is scheduled to host 5-6 matches (Mostly Group Stages and some quarterfinals.)This will be the first event ever with the FIFA men’s World Cup played on Canadian soil. Currently, the es ...
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BC Oil And Gas Commission
The BC Oil and Gas Commission is a Crown Corporation of the province of British Columbia, Canada, established in 1998. Its mandate is to regulate oil and gas activities and pipelines in British Columbia. Their mandate does not extend to regulating consumer gas prices at the pump. Overview The Oil and Gas Commission (OGC) was created and defined under the 1998 ''Oil and Gas Commission Act'' by and for the Canadian province of British Columbia. The OGC is a crown corporation acting as "an agent of the rovincialgovernment", where the Minister of Finance is its fiscal agent. It is headed by 3 directors. The commission has approximately 270 employees in seven offices, as of 2019. The deputy minister is a director and the chair of the OGC, and the Lieutenant Governor in Council may appoint 2 directors, for a term not longer than 5 years, one of whom is the commissioner and vice chair of the commission. Purpose The OGCs purposes are to (a) regulate oil and gas activities in British C ...
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