Quasi-public corporation
Quasi-public corporation is a US term with no specific meaning in BC. The nearest real concepts are Crown corporations, which are owned by government, and public companies, meaning reporting issuers whose securities are offered to the public under securities law.
How BC law treats it
BC Crown corporations are created by their own statutes or incorporated under the Business Corporations Act, SBC 2002, c 57 (BCBCA) and owned by government. A reporting issuer is subject to continuous disclosure obligations under the Securities Act, RSBC 1996, c 418.
What it means for your business
A privately owned small business is neither a Crown corporation nor a public company, and the rules for those entities do not apply to it.
Risks and common mistakes
Contracting with a Crown corporation can involve procurement rules and statutory limits that differ from private dealings.
Browse the full Fulcrum Law Dictionary for related terms.
General information about British Columbia and Canadian law, current to October 2026. It is not legal advice.
