CROWN ROYAL

The highest profit recorded by any corporation on the FP500 was $20.1 billion and it was by a Crown corporation, Caisse de dépôt et placement du Québec, which manages several provincial public and parapublic pension plans and insurance programs. But it was far from the only government-run corporation to turn a profit. The average Crown corporation made about $3.2 billion in revenue and turned a profit of roughly $1.1 billion. The only three of the 41 on this list to lose money were the Canadian Broadcasting Corp., Nalcor Energy (Newfoundland and Labrador’s energy corporation) and Metrolinx, the Ontario agency that handles public transportation in the Greater Toronto and Hamilton Area corridor.