The Royal Canadian Mint (French: Monnaie Royale Canadienne) produces all of Canada's circulation coins, and manufactures circulation coins on behalf of other nations. The Mint also designs and manufactures: precious and base metal collector coins; gold, silver, palladium, and platinum bullion coins; medals, as well as medallions and tokens. It further offers gold and silver refinery and assay services.
The Royal Canadian Mint is a Canadian Crown Corporation, and operates under the legislative basis of the Royal Canadian Mint Act. As a Crown Corporation, it is 100% owned by the Government of Canada, which is its sole shareholder. It also serves the public's interest while mandated to operate "in anticipation of profit", meaning that it functions in a commercial manner and does not rely on taxpayer support to fund its operations.
Like private sector companies, the Mint has a Board of Directors consisting of a Chair, the President and CEO of the Mint and eight other Directors. |
