Crown Investments Corporation

Crown Investments Corporation
Type Crown Corporation
Industry Investments
Founded 1947
Headquarters Regina, Saskatchewan, Canada
Products Investment
Website Crown Investment Corporation of Saskatchewan

Crown Investments Corporation (commonly known as CIC) is the holding company used by the Government of Saskatchewan to manage their Crown Corporations.

History

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

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

External links


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