About Canada Lands COmpany

Canada Lands Company, the developer of Village at Griesbach, is a self-financing, federal commercial Crown corporation who specialises in real estate and development along with attractions management. Canada Lands Company’s parent company and sole shareholder is CLCL, which reports to the Parliament of Canada through the Minister of Public Services and Procurement.

Canada Lands Company operates at arm’s-length from the government in acquiring properties from various federal departments, agencies and Crown corporations. Canada Lands Company optimizes the financial and community value of these strategic government properties that are no longer needed for program purposes.

 

Canada Lands Company works to enrich the lives of Canadians by building on the potential of the land it owns and operates, developing memorable experiences for all who visit.

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, Canada Lands Company has achieved success in its many endeavours across the country, including contributions of over $1-billion to the Government of Canada as payment for properties, elimination of carrying costs, payment of taxes and declarations of dividends.

The company also holds and operates a number of well recognized properties, such as the CN Tower and Downsview Park in Toronto, and the Old Port of Montréal.

Canada Lands Company Limited reports all results and the company’s strategic direction to the Government of Canada, as well as complies with Crown corporation policy to publicly disclose all travel and hospitality expenses. Canada Lands Company Limited also respects the Government of Canada policies that govern its business, while adhering to its own policies and guidelines.  


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 at