Power Corporation of Canada, controlled by Paul Desmarais Jr. and André Desmarais (sons of the late PAUL DESMARAIS), was incorporated in 1925. It is a large and diversified company engaged in communications and financial services, as well as other business interests. Through its subsidiary, Gesca, Power publishes six daily newspapers in QUÉBEC and ONTARIO as well as LA PRESSE. In addition, via its subsidiary Square Victoria Digital Properties, Power is involved in television production and digital businesses. Its financial services include controlling interests in Great-West Lifeco and IGM Financial, and a 50 per cent interest in Pargesa Group. Power Energy Corporation is another wholly-owned subsidiary, with investments in an Ontario SOLAR-POWER company. In 2012, Power Corporation of Canada’s assets exceeded $527 billion, with revenues amounting to $33 billion.
- MLA 8TH EDITION
- Anderson, Peter S.. "Power Corporation of Canada". The Canadian Encyclopedia, 16 December 2013, Historica Canada. www.thecanadianencyclopedia.ca/en/article/power-corporation-of-canada. Accessed 07 December 2023.
- APA 6TH EDITION
- Anderson, P. (2013). Power Corporation of Canada. In The Canadian Encyclopedia. Retrieved from https://www.thecanadianencyclopedia.ca/en/article/power-corporation-of-canada
- CHICAGO 17TH EDITION
- Anderson, Peter S.. "Power Corporation of Canada." The Canadian Encyclopedia. Historica Canada. Article published February 07, 2006; Last Edited December 16, 2013.
- TURABIAN 8TH EDITION
- The Canadian Encyclopedia, s.v. "Power Corporation of Canada," by Peter S. Anderson, Accessed December 07, 2023, https://www.thecanadianencyclopedia.ca/en/article/power-corporation-of-canada
Power Corporation of Canada
Article by Peter S. Anderson
Updated by Erin James-abra
Published Online February 7, 2006
Last Edited December 16, 2013