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Compagnie des Indes occidentales

The Compagnie des Indes occidentales was a trading company that drove France’s colonial economy from 1664 to 1674. Its name translates to West Indies Company. King Louis XIV gave the company exclusive rights to trade and govern in all French colonies. Its territory extended from the Americas to the Caribbean and Western Africa. In addition to natural resources such as furs and sugar, the Compagnie traded enslaved people.

This company is not to be confused with the French trading company founded by John Law and renamed Compagnie des Indes in 1719.

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Crown Corporation

Crown corporations are wholly owned federal or provincial organizations that are structured like private or independent companies. They include enterprises such as the Canadian Broadcasting Corporation (CBC), VIA Rail, Canada Post and the Bank of Canada; as well as various provincial electric utilities. Crown corporations have greater freedom from direct political control than government departments. As long as crown corporations have existed, there has been debate about their structure, accountability and role in the economy.