The story
Founded by Government of Canada.1
In 1944, the Government of Canada created the War Assets Corporation, which was subsequently renamed the Crown Assets Disposal Corporation after the Second World War. In 1984, the activities and staff of the corporation were integrated into the Department of Supply and Services. The organization became known as the Crown Assets Distribution Service Line and has continued its functions within PSPC.
The organization became known as GCSurplus in 2009, coinciding the launch of an online bidding system.
From Wikipedia’s article on GCSurplus, shared under CC BY-SA 4.0.3