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Power Corporation of Canada, controlled by Paul DESMARAIS, is a large diversified company engaged in communications, financial services, pulp, paper and packaging. Through its subsidiary, Gesca Ltée, Power publishes 4 daily newspapers in Québec, including La Presse. In addition, Gesca has 2 separate book-publishing operations; it also has TV and radio stations in Ontario and Québec. Its financial services include controlling interest in the Great-West Lifeco Inc, Montreal Trustco Inc, the Investors Group Inc and Pargesa Holding S.A. The company's pulp, paper and packaging interests are held in Consolidated-Bathurst Inc, a major Canadian pulp and paper firm. Power Corp's assets in 1993 exceeded $25.5 billion (ranking 11th in Canada), with revenues amounting to $6.14 billion (ranking 19th).
Author
PETER S. ANDERSON
Suggested Reading
D. Greber, Rising to Power: Paul Desmarais & Power Corporation (1987).
Links to Other Sites
TMX Group
The online home of TMX Group, which owns and operates the Toronto Stock Exchange and the TSX Venture Exchange. For real-time and historical market data, sector profiles, and financial information about listed companies, click on listed company directory on left side of page or enter stock symbol in the search box.
Power Corporation of Canada
The Power Corporation of Canada is a leading management and holding company with interests in financial services, communications and other sectors. This website features a corporate history, investor information and an overview of its diverse operations in Canada and around the world.
System for Electronic Document Analysis and Retrieval
Search the SEDAR online database for disclosure documents of Canadian public companies and mutual funds. From the Canadian Securities Administrators.
Gesca Ltée
Gesca Ltée is a wholly owned Canadian publishing subsidiary of Power Corporation. Gesca's holdings constitute Canada's largest French-language newsgroup. Gesca is also the sole owner of cyberpresse.ca.
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Browse the rich visual resources of The Canadian Encyclopedia through thematic galleries of Canadian Art, History, Nature, People, and Science and Technology.
Illustrations, lively text, animations, sounds and games help make learning about Canadian history, art, geography, architecture and other topics entertaining as well as informative.
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