Power Corporation of Canada

Power Corporation of Canada

Founded in the 1920s to develop hydroelectric power, Power Corporation of Canada now generates cash, not electricity. Power Corporation of Canada is an investment holding company. As of December 31, 2009, the Company held 66.3% interest in Power Financial Corporation (Power Financial). Power Financial holds interests in the financial services industry, through its controlling interests in Great-West Lifeco Inc. (Lifeco) and IGM Financial Inc. (IGM). Power Financial also holds, together with the Frere group of Belgium, an interest in Pargesa Holding SA (Pargesa). As of December 31, 2009, Pargesa’s portfolio was composed of interests in various sectors, including primarily oil, gas and chemicals through Total S.A. (Total); energy and energy services through GDF Suez; water and waste services through Suez Environnement Company (Suez Environnement); industrial minerals through Imerys S.A. (Imerys); cement and building materials through Lafarge S.A. (Lafarge), and wines and spirits through Pernod Ricard S.A. (Pernod Ricard).

Contact Details

Office Address

Power Corporation of Canada
751 Victoria Square
Montreal, H2Y2J3, Canada Quebec
Phone: (514) 286-7400
Fax: (514) 286-7424

Executives

Chairman of the Board, Co-Chief Executive Officer

Paul Desmarais Jr.

Deputy Chairman, President, and Co-CEO

Andre R. Desmarais

Business Reviews for Power Corporation of Canada

Related Companies