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Company: Power Corp.

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Horn speaker for public relations sign symbol, vintage color - sun with blue sky

Ratings agency DBRS says the news is "favourable"

Business People Meeting Discussion in a boardroom concept

The vote was 23% in favour, 77% against a greater shareholder voice on executive compensation

buildings and architecture of montreal, quebec

Strong performances from GWL, Putnam Investments and IGM Financial resulted in net earnings of $658 million in Q2

Montreal downtown skyscrapers in winter

The company’s Q1 profit more than doubled to a record $525 million

The deputy chairman, president and co-chief executive, had taken a temporary medical leave last year

Vice-chairman praised for his outstanding contribution to the company’s management team and its subsidiaries’ boards over the last nine years

  • By: IE Staff
  • December 15, 2017 October 11, 2019
  • 09:15
Mackenzie makes big push in China

Both firms now each hold a 13.9% stake in the fund company, which had $232 billion in AUM and 40 million retail clients at the end of 2016

  • By: Leah Golob
  • August 31, 2017 December 19, 2017
  • 11:00

Quarterly dividend to rise 7%

Power Corp. and Mackenzie increase stake in China AMC

Both firms will acquire an additional 3.9% equity interest each in the Chinese asset manager for $179 million, increasing both companies’ stakes in the firm

Operating earnings up 20%