# NAV Canada NAV Canada is a Pension Fund based in Ottawa, Canada. ## Overview - **Organization type:** Pension Fund - **Headquarters:** Ottawa, Canada - **Region:** North America - **Address:** 151 Slater Street, Suite 120, Ottawa, Ontario K1P 5H3, Canada - **Founded:** 1996 - **Assets under management:** Undisclosed - **Website:** navcanada.ca - **LinkedIn:** https://www.linkedin.com/company/nav-canada ## Regulatory record - **Reports private funds:** No ## About NAV CANADA is an air navigation service provider based in Ottawa, Ontario. It provides air traffic control services to Canadian airspace. It operates a network of 17 flight information regions. ## Sectors - Infrastructure - Aviation & Aerospace ## Offices - Cornwall, Ontario - Surrey, British Columbia - Toronto, Ontario - Montreal, Quebec - Edmonton, Alberta - Winnipeg, Manitoba - Riverview, New Brunswick - Gander, Newfoundland and Labrador ## People - Raymond G. Bohn — President & CEO - Mark Cooper — Board Chair ## Questions ### Who runs NAV Canada and how are decisions made? The President and CEO, Raymond G. Bohn, manages daily operations for NAV Canada. Ultimate governance sits with a 15-member board split among four stakeholder groups — four directors elected by commercial airlines, one by general aviation operators, two by unionized employees, and three appointed by the Government of Canada. The remaining directors are the CEO and four independent members. This structure, codified in its 1996 enabling legislation, means no single constituency can dictate investment or pricing decisions without broader support. ### Is NAV Canada a government agency? No. NAV Canada is a private, non-share-capital corporation created by a 1996 act of Parliament to take over air navigation services from Transport Canada. It is not funded through taxpayer appropriations — all revenue comes from service charges on aircraft operators. The government does appoint three directors to the board, giving it minority representation rather than operational control. ### What is NAV Canada's connection to Aireon and the Iridium satellite network? NAV Canada is a founding co-investor in Aireon LLC, alongside Iridium Communications, ENAV (Italy), NAVIAIR (Denmark), and the Irish Aviation Authority. In November 2018, Aireon launched its space-based ADS-B surveillance system using the Iridium NEXT satellite constellation. The system provides continuous aircraft tracking across oceanic and polar airspace where ground-based radar is impossible, and NAV Canada uses it in real-time operations over the North Atlantic. ### How does NAV Canada finance its operations and capital investments? NAV Canada funds everything through customer-service charges — fees paid by airlines and general aviation operators for navigation, communication, and surveillance services. Major capital projects, such as technology modernization and facility construction, are financed through revenue bonds issued in Canadian debt markets. The organization has a defined-benefit pension plan for employees, managed as a separate trust with its own governance and investment strategy. ### Does NAV Canada operate only in Canada, or does it have international activities? NAV Canada primarily manages Canadian sovereign airspace — roughly 12 million square kilometers of domestic and international airspace delegated to Canada. Its international commercial activity flows through Aireon LLC, the satellite surveillance joint venture, which sells space-based ADS-B data to air navigation providers worldwide. NAV Canada also participates actively in CANSO, the global trade body for air navigation service providers, and has won awards for its operational performance. ## Related profiles - [Nationwide Children's Hospital (NCH)](https://altss.com/profile/nationwide-children-s-hospital-nch) - [Navistar Inc. PBOP](https://altss.com/profile/navistar-inc-pbop) --- Last updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/nav-canada Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology