Crown Investments Corporation Explained

Crown Investments Corporation
Foundation:	1947
Location:	Regina, Saskatchewan, Canada
Industry:	Investments
Products:	Investment
Homepage:	Crown Investment Corporation of Saskatchewan

Crown Investments Corporation (commonly known as CIC) is the holding company used by the Government of Saskatchewan to manage its financial and commercial Crown Corporations as well as its minority holdings in private-sector ventures.^{[1] [2] [3] [4] [5]}

History

CIC started out as the Government Finance Office (GFO) in 1947. Its job was to manage, direct investment, and return dividends of various commercial Crown corporations to the Government. The profits from the Crown corporations were reinvested or given back to the government. The GFO was also used to invest government money in various Crowns.

In 1978, the name was changed to Crown Investment Corporation.

External links

• Crown Investment Corporation of Saskatchewan

Notes and References

1. Web site: Crown Investments Corporation - Home. cicorp. 23 February 2014.
2. Web site: Crown Investments Corporation of Saskatchewan (CIC). publications.gov.sk.ca. 23 February 2014.
3. Web site: Crown Investments Corporation of Saskatchewan - Company Profile .... insideview.com. 23 February 2014. https://web.archive.org/web/20121209045652/http://www.insideview.com/directory/crown-investments-corporation-of-saskatchewan. 9 December 2012. dead.
4. Web site: Crown Investments Corporation of Saskatchewan: Private Company .... https://archive.today/20140223063227/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=3697344. dead. February 23, 2014. investing.businessweek.com. 23 February 2014.
5. Web site: Crown Investments Corporation of Saskatchewan. oxfordreference.com. 23 February 2014.