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Power Corporation of Canada · Montreal, QC Canada (Toronto: POW)

751 Victoria Sq.Phone: +1-514-286-7400
MontrealQCFax: +1-514-286-7424
H2Y 2J3
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Power Corporation of Canada Rankings

TSX 60

Company Description

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, and a majority of Pargesa Group, which has stakes in large companies involved in energy (TOTAL), utilities (GDF SUEZ), construction (Lafarge), wines and spirits (Pernod Ricard), and other sectors in Europe through a controlling stake in Groupe Bruxelles Lambert.

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Financials

Company TypePublic - Toronto: POW Headquarters
Fiscal Year-EndDecember
2010 Employees31,126
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Executives

29 executives listed for Power Corporation of Canada's Montreal, QC location.

Chairman and Co-CEO; Co-Chairman, Power FinancialPaul DesmaraisE-mail
Deputy Chairman, President, and Co-CEO; Co-Chairman, Power FinancialAndré DesmaraisE-mail
Vice ChairmanMichel Plessis-BélairE-mail

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