Complex sentence: In Canada, Crown corporations, within either the federal or provincial sphere, are technically owned and operated by the monarch, as the institution's sole shareholder; this follows the legal premise that the Crown, as an institution, owns all the property of state.
Split into simpler sentences: In Canada, Crown corporations, within either the federal or provincial sphere, are technically operated by the Canadian monarch, as the institution's sole shareholder. This follows the legal premise that the Crown, as an institution, owns all the property of state.