Chip Douglas
"A Special Type of Crown Corporation: The Bank was founded in 1934 as a privately owned corporation. In 1938, it became a Crown corporation belonging to the federal government. Since that time, the Minister of Finance has held the entire share capital issued by the Bank. Ultimately, the Bank is owned by the people of Canada."
Scott Duncan No.
The government does not, and CAN not form a CORPORATION. EVER.
...and don't cite "crown corporations", because they are simply policy-based entities with one client (Government), and are NOT corporations.
http://www.bankofcanada.ca/about/