NAV CANADA
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Nav Canada Headquarters in the Commonwealth Building at 77 Metcalfe Street Ottawa, ON K1P 5L6 Canada
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| Non-share capital corporation/ Statutory | |
| Industry | Civil aviation |
| Founded | 1996 |
| Headquarters | 77 Metcalfe Street Ottawa, Ontario, Canada K1P 5L6 |
| Products | Civil air navigation |
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Number of employees
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4,650 |
| Website | www.navcanada.ca |
Nav Canada is a privately run, not-for-profit corporation that owns and operates Canada's civil air navigation system (ANS). It was established in accordance with the Civil Air Navigation Services Commercialization Act (ANS Act).
The company employs approximately 1,900 air traffic controllers (ATCs), 650 flight service specialists (FSSs) and 700 technologists. It has been responsible for the safe, orderly and expeditious flow of air traffic in Canadian airspace since November 1, 1996 when the government transferred the ANS from Transport Canada to Nav Canada. As part of the transfer, or privatization, Nav Canada paid the government CA$1.5 billion.
Nav Canada manages 12 million aircraft movements a year for 40,000 customers in over 18 million square kilometres, making it the world’s second-largest air navigation service provider (ANSP) by traffic volume.
Nav Canada, which operates independently of any government funding, is headquartered in Ottawa, Ontario. It is only allowed to be funded by publicly traded debt and service charges to aircraft operators.
Nav Canada's operations consist of various sites across the country. These include:
Nav Canada has three other facilities:
As a non-share capital corporation, Nav Canada has no shareholders. The company is governed by a 15-member board of directors representing the four stakeholder groups that founded Nav Canada. The four stakeholders elect 10 members as follows:
These 10 directors then elect four independent directors, with no ties to the stakeholder groups. Those 14 directors then appoint the president and chief executive officer who becomes the 15th board member.
This structure ensures that the interests of individual stakeholders do not predominate and no member group could exert undue influence over the remainder of the board. To further ensure that the interests of Nav Canada are served, these board members cannot be active employees or members of airlines, unions, or government.
The company was formed on November 1, 1996 when the government sold the country's air navigation services from Transport Canada to the new not-for-profit private entity for CAD$1.5 billion.
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Wikipedia