Canada Lands Company Limited (CLCL) is an arms length, self-financing Crown corporation reporting to Parliament through the Minister of Transport, Infrastructure and Communities. The principal goal of the company's current policy mandate as determined by Cabinet is: "to ensure the commercially oriented, orderly disposition of surplus properties with optimal value to the Canadian taxpayer and the holding of certain properties." The Company is the parent of three wholly owned, active subsidiaries: Canada Lands Company CLC Limited, Old Port of Montreal Inc., and Parc Downsview Park Inc. The latter two companies report directly to Parliament, rather than through CLCL. The Company has a real estate portfolio totalling approximately 2,400 acres (953 hectares) in municipalities across Canada. Mark B Laroche is the President and Chief Executive Officer. He earned a master's degree in business administration from Concordia University, and a civil engineering bachelor's degree from the Royal Military College of Canada.
