[1] First established in 1968,[2] it is tasked with supporting the Canadian Forces operational effectiveness, contributing to morale, esprit de corps and unit cohesion.

For the next 22 years, CANEX operated under local management, with policy direction emanating from National Defence Headquarters (NDHQ).

Overall direction for CFPFSS and CANEX is provided by the Non-Public Property Board, which includes representatives from each of the CF commands.

In addition, CANEX also has various concession agreements with independent businesspeople who supply supplementary services to the military community.

[3] Proceeds from CANEX operations are distributed to base, wing and unit funds, to be used to finance a wide variety of social and recreational programs for the benefit of military personnel and their dependents.