|
Power Financial Corporation
Power Financial Corporation is a Canadian multinational company that was founded in 1984. Power Financial, a wholly owned subsidiary of Power Corporation of Canada, is an international management and holding company with interests in financial services and asset management businesses in Canada, the United States and Europe. It also has significant holdings in a portfolio of global companies based in Europe. Power Financial, together with IGM financial and Great-West Lifeco, are anchor investors in funds managed by an affiliate, Portag3 Ventures, which operates investment funds dedicated to backing financial services companies. To date, Portag3 Ventures has invested in more than 45 fintech companies and investment funds. Portag3, Power Financial and IGM Financial also hold interests in Wealthsimple, one of Canada’s leading financial technology companies, operating one of the country's largest and fastest-growing digital investing service. History Power Financial Corporation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mackenzie Financial
Mackenzie Investments was founded in 1967 and is one of Canada's largest investment management firms by assets under management. Mackenzie Investments provides investment advisory and related services for retail and institutional clients. With $201.1 billion in assets under management, Mackenzie Investments distributes its services through a diversified network of third-party financial advisors. Mackenzie Investments is a member of the IGM Financial Inc. () group of companies. IGM Financial is one of Canada's largest financial services companies by assets with over $262 billion in total assets under management In finance, assets under management (AUM), sometimes called fund under management, refers to the total market value of all financial assets that a financial institution—such as a mutual fund, venture capital firm, or depository institutio .... (Note: All figures as of June 30, 2021) History * 1967 - Mackenzie Investments was founded by Alex Christ * 1967 - ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1894
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and prof ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Gratton
Robert Gratton (born 23 October 1943) is a Canadian retired lawyer and financier known best for his long tenure as an executive of companies affiliated with the Power Corporation of Canada. Gratton graduated from the Université de Montreal with a law degree in 1966 and for the next two years worked as an assistant to Paul Gérin-Lajoie; he was called to the Bar of Quebec in 1967. He returned to university in 1968 and received degrees from the London School of Economics in 1969 and Harvard University in 1971. That year, Gratton joined Crédit foncier franco-canadien, where he became general manager in 1975 and president in 1979. In 1982 Gratton left Crédit foncier to become president and chairman of the Montreal Trust Company, which was controlled by Power Corporation. During his tenure, Gratton oversaw the massive growth and expansion of the company. Following the sale of Montreal Trust to BCE in 1989, Gratton was appointed president of Power Financial. Gratton served as pre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James W
James may refer to: People * James (given name) * James (surname) * James (musician), aka Faruq Mahfuz Anam James, (born 1964), Bollywood musician * James, brother of Jesus * King James (other), various kings named James * Prince James (other) * Saint James (other) Places Canada * James Bay, a large body of water * James, Ontario United Kingdom * James College, a college of the University of York United States * James, Georgia, an unincorporated community * James, Iowa, an unincorporated community * James City, North Carolina * James City County, Virginia ** James City (Virginia Company) ** James City Shire * James City, Pennsylvania * St. James City, Florida Film and television * ''James'' (2005 film), a Bollywood film * ''James'' (2008 film), an Irish short film * ''James'' (2022 film), an Indian Kannada-language film * "James", a television episode of ''Adventure Time'' Music * James (band), a band from Manchester ** ''James'', ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael Pitfield
Peter Michael Pitfield (June 18, 1937 – October 19, 2017) was a Canadian Senator and senior civil servant. Pitfield was the youngest son of the Canadian financier Ward C. Pitfield and Grace MacDougall Pitfield, daughter of Canadian ice hockey player Hartland MacDougall. His brother, Ward C. Pitfield Jr., was Chairman of the family Investment Banking firm, Pitfield, MacKay, Ross, which later merged with Dominion Securities, now the investment arm of the Royal Bank of Canada. Another brother, stockbroker Robert Hartland Pitfield (d. 2004), was father-in-law of former Toronto city councillor Jane Pitfield. His nephew, Ward Elcock is the former director of the Canadian Security Intelligence Service and former Deputy Minister at the Department of National Defence (Canada). Biography Born in Montreal, Quebec, Pitfield graduated from St. Lawrence University in Canton, New York, at the age of 16. His SLU degree, in science, was followed by a degree in law from McGill Universit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Burns (Canadian Businessman)
James William Burns (27 December 1929 – 11 February 2019) was a director emeritus at the Power Corporation of Canada. He was an Officer of the Order of Canada. Burns's contribution to the nation as well as his hometown of Winnipeg, Manitoba Manitoba is a Provinces and territories of Canada, province of Canada at the Centre of Canada, longitudinal centre of the country. It is Canada's Population of Canada by province and territory, fifth-most populous province, with a population ..., has earned him national recognition and distinction. His latest project involved the construction of a state of the art Skateboard Park in downtown Winnipeg. He died in Winnipeg on February 11, 2019. Education Harvard Graduate School of Business Administration – Master of Business Administration U. of Manitoba – Doctor of Laws Previous Positions The Great-West Life Assurance Co. – chr. Power Financial Corp. – chr. and CEO Power Corp. of Canada – pres. The Great-West Life Assurance ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gary Doer
Gary Albert Doer (born 31 March 1948) is a former Canadians, Canadian politician and diplomat from Winnipeg, Manitoba, Canada. He served as Canada's List of Canadian ambassadors to the United States, ambassador to the United States from 19 October 2009, to 3 March 2016. Doer previously served as the 20th premier of Manitoba from 1999 to 2009, leading a New Democratic Party of Manitoba, New Democratic Party government. Since the end of his term as envoy to Washington, Doer has taken up a position as senior business advisor with the global law firm Dentons and was retained by the government of Alberta to lobby the First presidency of Donald Trump, Trump administration on the softwood lumber dispute. Doer is a member of the Inter-American Dialogue. Early life and career Gary Doer was born to a middle class family in Winnipeg, Manitoba. His background is Germany, German and Wales, Welsh. He graduated from St. Paul's High School (Winnipeg), St. Paul's High School and went on to stud ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Board Of Directors
A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germany and Sweden), the workers of a corporation elect a set fraction of the board's members. The board of directors appoints the ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
André Desmarais
André Roger Desmarais (born October 26, 1956) is a Canadian businessman and philanthropist. Early life He is the youngest son of Paul Desmarais Sr. and Jacqueline Desmarais. Born in Ottawa, Ontario, he attended Lakefield College School in Ontario for two years, then Selwyn House School. Desmarais is a graduate of Concordia University in Montreal (BComm 78, LLD 07). Career André Desmarais is currently deputy chairman of the company his father took control of in 1968, Power Corporation, based in Montreal, Quebec, Canada. He is also deputy chairman of Power Financial. Power Corporation is an international management and holding company that focuses on financial services in North America, Europe and Asia. Its core holdings are leading insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms. Through its European-based affiliate, the Pargesa group, it also has significant holdings in a portfolio of global ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Desmarais Jr
Paul Guy Desmarais Jr. (born 3 July 1954) is a Canadian businessman and philanthropist. He has been the chairman and co-CEO of Power Corporation of Canada since 1996. Early life and education Paul Desmarais Jr. was born in Sudbury, Ontario. He was raised Roman Catholic. He is the eldest son of billionaire Paul Desmarais Sr. and Jacqueline Desmarais. He was educated at Lakefield College School in Lakefield, Ontario and later attended McGill University. Afterwards, he earned a Master of Business Administration degree at INSEAD. Career Desmarais began his career with S.G. Warburg & Co. in London, England, and with Standard Brands Incorporated in New York. He then joined Power Corporation of Canada in 1981 and assumed the position of Vice-President the following year. In 1984, he led the creation of Power Financial Corporation, where he served as Vice-President from 1984 to 1986, as President and Chief Operating Officer from 1986 to 1989, as Executive Vice Chairman from 1989 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Broadcasting Corporation
The Canadian Broadcasting Corporation (), branded as CBC/Radio-Canada, is the Canadian Public broadcasting, public broadcaster for both radio and television. It is a Crown corporation that serves as the national public broadcaster, with its English-language and French-language service units known as CBC and Radio-Canada, respectively. Although some local stations in Canada predate its founding, the CBC is the oldest continually-existing broadcasting network in Canada. The CBC was established on November 2, 1936. The CBC operates four terrestrial radio networks: The English-language CBC Radio One and CBC Music, and the French-language Ici Radio-Canada Première and Ici Musique (international radio service Radio Canada International historically transmitted via shortwave radio, but since 2012 its content is only available as podcasts on its website). The CBC also operates two terrestrial television networks, the English-language CBC Television and the French-language Ici Radio-C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
