Canada Lands Company acquires strategic properties from Government of Canada departments and agencies (“departments”) that have declared them surplus to their program needs following the strategic disposal process.
Departments dispose of their surplus real property in accordance with the Treasury Board of Canada Secretariat’s (TBS) Policy on Management of Real Property, and the Directive on the Sale or Transfer of Surplus Real Property. Surplus real property is defined as real property that is no longer required in support of a department's programs.
The TBS provides leadership and co-ordination with respect to the disposal of surplus real property while departments are responsible for its implementation. Information and queries concerning the strategic disposal process should be directed to TBS and/or the department disposing of the surplus real property.