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Subsidiaries Great-West Lifeco and IGM Financial have invested $230 million in 32 fintechs

Silhouttes of Two Business People Having a Handshake

Power Financial has invested $165 million in capital in the robo-advisor since 2015

  • By: IE Staff
  • February 21, 2018 February 21, 2018
  • 10:34

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

Jeffrey Orr says he’s optimistic about the company’s growth prospects

Great-West Life and IGM Financial saw their operating earnings fall by a total of $73 million while corporate expenses rose by $28 million

  • May 12, 2016 May 12, 2016
  • 11:50

Power Financial's investment in Wealthsimple gives the Montreal-based firm a way to reach young, prospective clients

Rise of robo-advisors in mortgage business could have an impact

Investment will allow robo-advisor firm to increase staff, bolster product lineup

Claude Généreux will also join Power Corp.

  • By: IE Staff
  • January 12, 2015 December 19, 2017
  • 09:00

Q3 profit surges 70% to $350 million

Firms says acquisition, hedging program reduced Q4 operating profit