Canadian Commercial Corporation

The Canadian Commercial Corporation (CCC; French: Corporation commerciale canadienne) is a Canadian federal Crown corporation mandated to facilitate international trade on behalf of Canadian industry, particularly with governments of foreign countries. CCC supports the growth of international trade by helping Canadian exporters gain access to foreign government procurement markets. Through a government-to-government contracting approach, CCC positions qualified Canadian exporters to win international contracts with governments abroad while significantly reducing the risks associated with foreign procurement.

Canadian Commercial Corporation
Agency overview
Formed1946
JurisdictionGovernment of Canada
HeadquartersOttawa
Minister responsible
Agency executive
  • Martin Zablocki, President and Chief Executive Officer
Websitewww.ccc.ca

CCC offers its services when a government to government contracting approach may help meet sensitive or urgent acquisition needs that can't be filled through competitive tendering, ensure projects get delivered as promised, or reduce the risk of bribery or corruption during the procurement process.

Established in 1946 by the Canadian Commercial Corporation Act, CCC is an independently operated Crown corporation (government-owned enterprise) that is accountable to the Parliament of Canada through the Minister of International Trade Diversification. CCC is an integral part of the Government of Canada's International Trade portfolio. The portfolio also includes Global Affairs Canada and Export Development Canada.

Corporate governance

CCC's corporate best practices and corporate social responsibilities are outlined in the Canadian Commercial Corporation Act and the Code of Conduct and Business Ethics.[1]

Business lines

CCC delivers its government-to-government contracting services through two core lines of business:

(1) International Commercial Business (ICB); and

(2) Global Defence and Security (GDS) which includes the administration of the Defence Production Sharing Agreement (DPSA)

In addition to its core business line operations, CCC performs activities related to sourcing and other Government of Canada priorities which include the maintenance and administration of the trade development offices in China on behalf of Global Affairs Canada, sourcing transactions with Government of Canada departments and agencies and a shared services arrangement with another crown corporation which generate economies of scale in providing a variety of corporate services to both organizations.

Board of directors

CCC is governed by a Board of Directors that exercises its responsibilities in keeping with the general provisions of the CCC Act and Part X of the Financial Administration Act. The Board of Directors is accountable for the affairs of CCC and ensures the proper delivery of public policy on behalf of the Government of Canada. The Board of Directors is appointed by the Government of Canada and represent the Canadian business community and the federal government.

  • Douglas Harrison
  • Stephen J. Sorocky
  • Daniela Bassan
  • Martin Gagné
  • Dwayne Lucas
  • Scott Player
  • Claude Robillard
  • Derrick Rowe
  • Andrew Saxton
  • Nicole Verkindt
  • Martin Zablocki

References

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.