canada is a corporation

[beard]

Canada is a corporation registered in the united states, go to u.s. securities and exchange commission website or s.e.c it's all there. This is news to me. Isn't a corp's main objective to make money? How can a country be a corporation? Does that mean canada is no different than say mc donalds?


http://www.sec.gov/

after some digging it seems as though almost all countries are corporations.....how can a corporation(country) have the peoples best interest in mind if there sole purpose in being is to turn a profit?

 

[swampwater]

Not only countries but all cities an counties as well as states!

Canada is a corporation registered in the united states, go to u.s. securities and exchange commission website or s.e.c it's all there. This is news to me. Isn't a corp's main objective to make money? How can a country be a corporation? Does that mean canada is no different than say mc donalds?


http://www.sec.gov/

after some digging it seems as though almost all countries are corporations.....how can a corporation(country) have the peoples best interest in mind if there sole purpose in being is to turn a profit?

 

[CatRpillar]

When you think about it they all spend money, tax to generate revenues, and borrow. They also issue bonds, have currencies that are traded, etc so from that perspective the business community has to treat them like a business and what risk they represent. Was a little surprised by your finding too though.