Which of the following is NOT true about a Canadian controlled private corporation $($CCPC$)$:

a$.CCPC$ shares are not traded on a public stock exchange such as the Toronto Stock Exchange $($TSE$).$

b$.$ The corporation is not controlled by a public corporation.

c$.$ The corporation is controlled by non$-$residents.

d$.$ The corporation is controlled by Canadian residents, who could be either individuals or another corporation.