Wouldn't it be more like, "Canada" is a holding corporation and the Fed/Prov Gov't are the operating or administrating corporations. "Canada" holds all assets, trusts, etc.
Printed copy · Anthology Volume 5, page 326Printed copy from The Tender For Law Anthology, Volume 5, page 326 (printed 13 June 2014). Added by this site; not part of the Facebook export.