Corporate History

Canada Lands Company is a self-financing, federal Crown corporation that reports to the Parliament of Canada through the Minister of Public Services and Procurement.

Canada Lands Company works to enrich the everyday lives of Canadians by embracing the potential of the places and spaces it owns and operates, while also curating memorable experiences. Leveraging its subsidiaries, the Company transforms former Government of Canada properties and reintegrates them into local communities while ensuring their long-term sustainability and commercial viability. Canada Lands Company also holds, invests in and manages world-renowned Canadian attractions such as the CN Tower and Downsview Park in Toronto, the Old Port of Montréal and the Montréal Science Centre. Through its operations, the Company strives to deliver the best value and financial return to Canadians. 

Canada Lands Company receives no government appropriations and pays any profits not required for its operations as annual dividends to the federal government. Since its reactivation in 1995, the Company has achieved success in its many endeavours across the country, including contributions of more than $1 billion to the Government of Canada in the form of dividends issued, note repayments and income taxes paid.

For more information about Canada Lands Company’s activities over the years, we encourage you to browse our success stories and view our annual reports archive.