Claim: ATB Financial is a Crown corporation (an industry regulated by a country's state or government) based in Edmonton, Alberta.
Evidence: ATB Financial is a financial institution and Crown corporation wholly owned by the Province of Alberta. ATB Place, Edmonton, Alberta Canadian Crown corporations (French: sociétés de la Couronne du Canada) are corporations wholly owned by the Crown and most are agents of the Crown with each ultimately accountable, through a relevant minister, to Parliament for the conduct of its affairs. As a result, Crown corporations represent more broadly a specific form of state-owned enterprise owned by the Sovereign of Canada. They are established by an Act of Parliament and report to that body via the relevant minister in cabinet, though they are "shielded from constant government intervention and legislative oversight" and thus "generally enjoy greater freedom from direct political control than government departments."