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Power Corporation of Canada

Company namePower Corporation of Canada, Inc.
Company typePublic (Tsx - POW)
HeadquartersMontreal, Canada
Key peopleJames Burns and Michael Pitfield, (CEO)
Productsmedia, pulp and paper, and financial services
Revenue(-) CAD 32.8 Billion (2010)
Net income(+) CAD 907.0 Million (2010)

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Power Corporation of Canada (Tsx - POW) is a Canadian company with assets in North America and Europe in a number of industries. These industries include media, pulp and paper, and financial services.

The corporation is known for its active participation in Canadian politics through its relationships and the relationships of the Desmarais family with prominent politicians of all political stripes.

The company was criticized for its links with Canadian politics, and specifically for its commitment to the defense of federalism in Quebec. Indeed, several former Canadian prime ministers have worked on staff: Brian Mulroney, Jean Chrétien, Paul Martin, etc.

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