POLS 2250 Lecture Notes - Petro-Canada, Marketization, Neoliberalism

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Pols 2250 public admin & government3/23/2013 8:44:00 pm. Also known as public enterprise or state enterprise . Formal definitions: legal entity with corporate form, canada business corporations act (ontario business corporations. Act) or special act of parliament/legislature: dimension of ownership. Wholly owned (parent corporation agency or proprietary corporations) Definitional ambiguity: government appointment of the board of directors. Tasks akin to private sector entrepreneurial ventures. Mixed enterprise: shares are partly owned by government through minister, remaining shares owned by private sector entity(ies, benefit access to private capital and skills, concern accountability ie: petro canada prior to privatization in 2004. Joint enterprise: shares partly owned by government through minister, remaining shares owned by another level of government ie: lower churchill development corp; northern portage. Shared governance corporations: no share capital for government, but government, directly or through crown corp, has the right to appoint or nominate one or more members to governing board ie: agricultural adaptation council; canada games council;

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