The government is looking to bring Canada Lands Company on board to assist in the operations of the soon-to-be incorporated special purpose vehicle (SPV) that would monetise idle land assets of public sector undertakings (PSUs) and government departments.

       Canada Lands Company, a self-financing federal government entity in Canada, specialises in real estate and managing tourist destinations. The government has been trying to replicate the Canadian model for its land SPV -- National Land Monetisation Corporation -- that would house sectoral experts to turn around idle land parcels by ...