Embark on a journey of knowledge! Take the quiz and earn valuable credits.
Challenge yourself and boost your learning! Start the quiz now to earn credits.
Unlock your potential! Begin the quiz, answer questions, and accumulate credits along the way.
What is Canadian Commercial Corporation mean?
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 offoreign 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.
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.
referencePosted on 15 Dec 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
Turn Your Knowledge into Earnings.
Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.
Write Your Comments or Explanations to Help Others