Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: Power Corporation of Canada


Related Topics

In the News (Wed 11 Nov 09)

  
  Power Corporation of Canada
Power Corporation of Canada, controlled by Paul DESMARAIS, is a large diversified company engaged in communications, financial services, pulp, paper and packaging.
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).
www.thecanadianencyclopedia.com /PrinterFriendly.cfm?Params=A1ARTA0006445   (142 words)

  
  Chapter17   (Site not responding. Last check: 2007-10-01)
Power Corporation of Canada, today a major investment holding and management corporation, was formed in 1925, with A.J. Nesbitt of Montreal as the first president.
The purpose of the corporation was to acquire and develop steam and hydro power plants to serve the industrial development and various communities in which they were located.
Power Corporation's substantial investment portfolio was commended in the 1930 Directors' Report, in part stating: "During the five years it has been in existence, your Corporation has attained a strong position in the public utility field....
collections.ic.gc.ca /heirloom_series/volume1/chapter17/Power.htm   (329 words)

  
 Corporation - Open Encyclopedia   (Site not responding. Last check: 2007-10-01)
Corporations receive a charter from a state, and become regulated by the laws enacted by that state.
In Canada both the federal government and the provinces have corporate statutes, and thus a corporation may have a provincial or a federal charter.
Following on the success of the corporate model at a national level, many corporations have become transnational or multinational corporations: growing beyond national boundaries to attain sometimes remarkable positions of power and influence in the process of globalising.
open-encyclopedia.com /Corporation   (2492 words)

  
 Power Corporation of Canada - Wikipedia, the free encyclopedia   (Site not responding. Last check: 2007-10-01)
Power Corporation of Canada TSX: POW.SV is a major Canadian company with assets in North America and Europe in a number of industries.
Trudeau's assistant Ted Johnson also worked for Power Corp. During the Trudeau administration Michael Pitfield held a variety of positions in government but during his time in the private sector he was at one time a Vice-Chairman of Power Corp. and is currently listed as a Director Emeritus.
Power Corp.'s international advisory board has featured individuals such as former German Chancellor Helmut Schmidt, former oil minister of Saudi Arabia Sheikh Ahmed Zaki Yamani, former head of the US Federal Reserve Board Paul Volcker, and the previously mentioned former Prime Minister of Canada Pierre Trudeau.
en.wikipedia.org /wiki/Power_Corporation   (644 words)

  
 Business Wire: Power Corporation of Canada: Financial Results for 2004
Power Corporation of Canada's (TSX:POW.SV) operating earnings for the year ended December 31, 2004 were $954 million or $2.08 per participating share, compared with $812 million or $1.76 per participating share in 2003, an increase of 18.3 per cent on a per share basis.
Power Financial Corporation's operating earnings for the year ended December 31, 2004 were $1,553 million or $2.11 per share, compared with $1,261 million or $1.72 per share in 2003, an increase of 23.2 per cent on a per share basis.
Power Financial Corporation's operating earnings for the three months ended December 31, 2004 were $410 million or $0.56 per share, compared with $354 million or $0.48 per share in 2003, for an increase of 15.6 per cent on a per share basis.
www.findarticles.com /p/articles/mi_m0EIN/is_2005_March_22/ai_n13464760   (708 words)

  
 Untitled Document   (Site not responding. Last check: 2007-10-01)
The purpose of the corporation was to acquire and develop steam and hydro plants serving industrial development and various Canadian communities.
Power Corporation has a valued, long-standing business relationship with China International Trust and Investment Corporation and with other entities in the People’s Republic of China.
In 1986, Power and CITIC co-invested in a British Columbia pulp mill.
collections.ic.gc.ca /heirloom_series/volume4/342.htm   (349 words)

  
 Power Corporation of Canada -- Facts, Info, and Encyclopedia article   (Site not responding. Last check: 2007-10-01)
Former (additional info and facts about Prime Minister of Canada) Prime Minister of Canada (additional info and facts about Jean Chrétien) Jean Chrétien sat on the board of Power Corp. subsiduary Consolidated Bathurst in the late (The decade from 1980 to 1989) 1980s before he became the leader of the Liberal Party of Canada.
Former Prime Minister of Canada, the late (additional info and facts about Pierre Trudeau) Pierre Trudeau, served in the mid- (The decade from 1990 to 1999) 1990s on Power Corp.'s international advisory board.
Trudeau's assistant Ted Johnson also worked for Power Corp. During the Trudeau administration (additional info and facts about Michael Pitfield) Michael Pitfield held a variety of positions in government but during his time in the private sector he was at one time a Vice-Chairman of Power Corp. and is currently listed as a Director Emeritus.
www.absoluteastronomy.com /encyclopedia/P/Po/Power_Corporation_of_Canada.htm   (715 words)

  
 Power Corporation of Canada - Six Month Operating Earnings Increase 29%
The Corporation's other operating items, which include income from investments, brought its total operating earnings for the period to $241 million or $1.07 per participating share as against $187 million or $0.83 per share during the corresponding period in 1999, representing an increase of 29 per cent on a per share basis.
SUBSIDIARIES' RESULTS Power Financial Corporation Power Financial Corporation reported an increase in consolidated net earnings to $379 million or $1.05 per share for the six months ended June 30, 2000 as against $499 million or $1.39 per share during the same period in 1999.
The adoption of Section 3465 by PCC, also effective January 1, 2000, results in the use of the liability method of tax allocation whereby future income taxes represent temporary differences between the tax basis of assets and liabilities and their carrying values for accounting purposes.
www.powercorp.com /powercorp/quarterlyreport/eng/2000-qr/QR_20002_BR.htm   (677 words)

  
 Power Financial Corporation - Profile
Power Financial Corporation’s strategy is to own controlling interests in financial services companies with strong fundamentals: a low cost structure, competitive and strategically viable distribution channels, value-added products and a size that allows them to invest and develop profitably.
Power Financial has also sought to maintain a balance between Canadian and non-Canadian earnings, first through the American and European operations of Great-West Lifeco and second through its investment in Pargesa Holding S.A. (Pargesa), a European-based holding company.
Power Financial Corporation is a member of the Power Corporation of Canada group of companies.
www.powerfinancial.com /index.php?lang=eng   (229 words)

  
 Canadian Stocks and more Power Corporation Of Canada   (Site not responding. Last check: 2007-10-01)
Power Corporation of Canada is one of the 10000 corporations and 21000 brands for which the Transnational Corporations Observatory provides social, financial and environmental information for the...
Power Corporation of Canada was incorporated in Montreal in 1925.
Power Corporation of Canada is a diversified management and holding company, Power Corporation has holdings in leading financial services companies and the communications sector in North America.
www.theuptrend.com /th/Power-Corporation-Of-Canada.htm   (535 words)

  
 Team Canada 2001 - Delegate Area   (Site not responding. Last check: 2007-10-01)
Power Corporation of Canada is a diversified management and holding company.
Power Corporation also holds a 100 percent interest in Gesca, the leading French-Canadian newspaper publisher, and Power Technology Investment Corporation, investing in sectors of the new economy.
In Asia, Power Corporation is an important shareholder of CITIC Pacific Limited, one of the leading conglomerates in Hong Kong, and is a partner in a joint venture manufacturing railway cars with Bombardier and China National Railway Locomotive and Rolling Stock Industrial Corporation.
www.teamcanada.gc.ca /China/delegatearea/PCOC-en.asp   (150 words)

  
 Power Financial Corporation - Company Profile - Insurance Business Review   (Site not responding. Last check: 2007-10-01)
Power Financial is a diversified management and holding company that holds interests, in companies that are active in the financial services industry.
Power Financial Corporation's operating earnings for the year ended December 31, 2003 were C$1,261 million or C$3.43 per share, compared with C$1,074 million or C$2.97 per share for the same period in 2002.
For the twelfth consecutive year, Power Financial Corporation's common share dividend was increased so that at the end of 2003, the quarterly dividend was 32.5 cents per share, compared with 28 cents at the end of 2002 and compared with 4 cents per share at the end of 1991 (adjusted for share splits).
www.insurance-business-review.com /companyprofile.asp?guid=B8F75E13-B5AB-4F42-89C8-1F5D4D85BD14   (2231 words)

  
 Le Soleil - Wikipedia, the free encyclopedia
It is owned by Power Corporation of Canada.
Le Soleil rose from the ashes of L'Électeur, the official mouthpiece of the Liberal Party of Canada, which shut down in December of 1896.
Controversy was stirred when Paul Desmarais's Power Corporation of Canada announced its intention to buy the daily.
en.wikipedia.org /wiki/Le_Soleil   (355 words)

  
 Power-Corporation   (Site not responding. Last check: 2007-10-01)
Overall second-quarter revenues at Power Corp. were up to $6.5 billion from $4.6 billion in the same period last year.
The earnings growth "reflects a strong increase in the contribution from Power Financial Corp., partly offset by a decrease in results from corporate activities," the company said in a release.
Power Corporation is a major holding company that operates subsidiaries Power Financial Corp., Power Technology Investment Corp. and Gesca Ltee.
www.cp.org /english/online/full/Business/040730/b0730132A.html   (183 words)

  
 IGM Financial Inc. | Power Financial Corporation -- About IGM Financial
Power Financial Corporation's strategy is to own controlling interests in financial services companies with strong fundamentals: a low cost structure, competitive and strategically viable distribution channels, value-added products and a size that allows them to invest and develop profitably.
Power Financial has also sought to maintain a balance between Canadian and non-Canadian earnings, first through the American and European operations of Great-West Lifeco and second through its investment in Pargesa Holding S.A. (Pargesa), a European-based holding company.
Power Financial Corporation is a member of the Power Corporation of Canada group of companies.
www.igmfinancial.com /english/about/power_financial.asp   (186 words)

  
 Power Corporation of Canada
Power Corporation of Canada, controlled by Paul DESMARAIS, is a large diversified company engaged in communications, financial services, pulp, paper and packaging.
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).
thecanadianencyclopedia.com /index.cfm?PgNm=TCE&Params=A1ARTA0006445   (126 words)

  
 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.
Gesca Ltée is a wholly owned Canadian publishing subsidiary of Power Corporation.
www.thecanadianencyclopedia.com /index.cfm?PgNm=TCE&Params=A1ARTA0006445SUBLinks   (131 words)

  
 How Montreal's Power Corp. found itself caught up in the biggest fiasco in UN history
John Rae, a director and former executive at Power (brother of former Ontario premier Bob Rae), was president and a director of the Paribas Bank of Canada until 2000.
And Power Corp. director Michel François-Poncet, who was, in 2001, the vice-chairman of Pargesa, also sat on Paribas’s board, though he died Feb. 10, at the age of 70.
Ted Johnson, the Power vice-president, is a former assistant to Trudeau.
www.canadafreepress.com /2005/cover030505.htm   (4267 words)

  
 CNW Telbec   (Site not responding. Last check: 2007-10-01)
MONTREAL, March 22 /CNW Telbec/ - Power Corporation of Canada's operating earnings for the year ended December 31, 2004 were $954 million or $2.08 per participating share, compared with $812 million or $1.76 per participating share in 2003, an increase of 18.3 per cent on a per share basis.
POWER FINANCIAL CORPORATION'S RESULTS ------------------------------------- Power Financial Corporation's operating earnings for the year ended December 31, 2004 were $1,553 million or $2.11 per share, compared with $1,261 million or $1.72 per share in 2003, an increase of 23.2 per cent on a per share basis.
The Corporation reassessed its hedging relationships as at January 1, 2004 and determined that the adoption of the new recommendation did not have a material effect on the Corporation's consolidated financial statements.
www.cnw.ca /fr/releases/archive/March2005/22/c7673.html   (1528 words)

  
 Power Corporation of Canada
According to their website, Power Corporation of Canada is a diversified management and holding company.
Daughter, France, is married to Andre Desmarais, son of Paul Desmarais, chairman of Power Corporation.
Those are Power Corporation connections in North America, which is not to say that they do not have their hands dirty around the world How is that for a web of powerful bedfellows?
www.gnn.tv /users/user.php?bid=2142&r=1   (1182 words)

  
 Power Corporation of Canada: Normal Course Issuer Bid   (Site not responding. Last check: 2007-10-01)
To the knowledge of the directors and senior officers of the Corporation, the current public float is approximately 155,095,679 Subordinate Voting Shares.
Power Corporation views the purchase of its own shares at prices that the Corporation determines to be appropriate as an economically worthwhile use of corporate funds.
Additionally, such purchases may help to prevent dilution of the holdings of Power's subordinate voting shareholders resulting from the issue of shares pursuant to the exercise of options to purchase Subordinate Voting Shares under the Corporation's Executive Stock Option Plan.
www2.cdn-news.com /newsnet/2003/09/25/0925138n.html   (182 words)

  
 Canadian Corporate News : Power Corporation of Canada: First Quarter Operating Earnings Per Share Increase 10%, ...   (Site not responding. Last check: 2007-10-01)
Start / C / Canadian Corporate News / May 23, 2002 / Power Corporation of Canada: First Quarter Operating Earnings Per Share Increase 10%, Dividend Increased 18%.
Power Corporation of Canada: First Quarter Operating Earnings Per Share Increase 10%, Dividend Increased 18%.
Power Corporation of Canada's consolidated net earnings for the three months ending March 31, 2002 were $171 million or $0.75 per share, compared with $163 million or $0.72 per share in 2001.
static.elibrary.com /c/canadiancorporatenews/may232002/powercorporationofcanadafirstquarteroperatingearni/index.html   (258 words)

  
 Canadian Corporate News : Power Corporation of Canada: Six-Month Operating Earnings Per Share Increase 8.1%. @ HighBeam ...   (Site not responding. Last check: 2007-10-01)
Start / C / Canadian Corporate News / August 01, 2002 / Power Corporation of Canada: Six-Month Operating Earnings Per Share Increase 8.1%.
Power Corporation of Canada's operating earnings for the first six months of 2002 were $367 million or $1.61 per share, compared with $335 million or $1.49 per share in the corresponding period of 2001.
This represents an 8.1 per cent increase on a per share basis, reflecting strong growth in operating earnings at Power Financial Corporation, partly offset by a decrease in results from corporate activities principally as a consequence of lower gains on the disposal of technology securities.
static.elibrary.com /c/canadiancorporatenews/august012002/powercorporationofcanadasixmonthoperatingearningsp/index.html   (247 words)

  
 Power Tools: Black and Decker
Black and Decker is the world's largest producer of power tools and accessories.
We frequently add new product lines to our family of power tools, cleaning tools, outdoor power equipment, laser products and much more.
Our focus on innovation, performance and quality makes us a leader in the power tool industry.
www.blackanddecker.com   (217 words)

  
 Paul Desmarais: Information From Answers.com
(born January 4, 1927), Canadian financier, is the tenth richest person in Canada and is considered to be one of the country's most powerful men.
That year TCCF made a share-exchange offer with Power Corporation of Canada, headquartered in Montreal, Quebec, whereby Paul Desmarais became Chairman and Chief Executive Officer.
Amongst its numerous worldwide holdings, Desmarais'; Power Corporation of Canada owns 25% of Groupe Bruxelles Lambert, one of Belgium's top ten companies which, in 2001 acquired control of the German publishing giant, Bertelsmann AG.
canadiancoalition.org /desmarais01/DesmaraisChretienMartinStrong.html   (1139 words)

  
 Groupe CNW   (Site not responding. Last check: 2007-10-01)
Operating earnings attributable to participating shareholders, after the deduction of preferred share dividends, were $783 million or $3.52 per share in 2003, compared with $681 million or $3.07 per share in 2002, representing an increase of 14.7% on a per share basis.
The contribution from the Corporation's subsidiaries to operating earnings was $801 million in 2003, compared with $696 million in 2002.
Other income in 2003 represents, primarily, the Corporation's share of other income of Power Financial, including its share of the $888 million net dilution gain recorded in the third quarter by Power Financial in connection with the acquisition of CLFC by Lifeco, and also includes other items of a non- recurring nature.
www.newswire.ca /fr/releases/archive/April2004/02/c7582.html   (909 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.