Power Corporation of Canada · Montreal, PQ Canada ·(Toronto: POW)
Company Description
Phone: +1-514-286-7400
Fax: +1-514-286-7424
Rankings
- TSX 60
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This link will open in a new window Founded in the 1920s to develop hydroelectric power, Power Corporation of Canada now generates cash, not electricity. Through its majority stake in Power Financial , the company controls one of Canada's leading mutual fund firms (IGM Financial ), one of its largest life insurers (Great-West Lifeco ), and other insurance firms. It also owns Gesca, which publishes Montreal's La Presse and six other daily newspapers in Quebec and Ontario; Power Technology Investment Corporation, which invests in biotech and technology firms; and a majority of Pargesa, which has stakes in energy, utility, manufacturing, and beverage companies in Europe. To read the full description, subscribe now.
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Key Power Corporation of Canada Financials
| Company Type | Public - Toronto: POW Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $30,339.6 |
| 2009 Employees | 34,700 |
Power Corporation of Canada Executives
32 executives listed for Power Corporation of Canada's Montreal, PQ location.
| Title | Name & Bio | Contact |
| Chairman and Co-CEO; Co-Chairman, Power Financial | Paul Desmarais | Network |
| Vice Chairman | Amaury-Daniel de Sèze | Network |
| Vice Chairman, Power Corporation of Canada and Power Financial | Henri-Paul Rousseau | Network |
Competition
Competitive Landscape for Power Corporation of Canada
Demand is driven primarily by the pace of technological innovation and the number of companies created to commercialize new technologies. The profitability of individual companies depends on successfully choosing and managing a portfolio of investments. Large companies have advantages in attracting investors, developing expertise in multiple technology markets, and funding large deals. Small companies can compete effectively by concentrating on specific market sectors or geographic areas. The average venture capital investment is about $8 million. Individual, or angel, investors, and large companies with strategic interests in early-stage companies are also sources of new venture funding. To read the full description, subscribe now.Top Power Corporation of Canada Competitors
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