Company: Power Financial Corp.

68 results found

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 October 11, 2019
  • 09:00

Q3 profit surges 70% to $350 million

Firms says acquisition, hedging program reduced Q4 operating profit

The former Power Corp. leader built his firm into one of Canada’s largest conglomerates

Earnings come in below analyst estimates

Higher contribution from Great-West Lifeco; lower contribution from IGM Financial

Revenue up from year ago