Ketupa.net a media industry resource
Home › Media & Advertising groups › Broadcast, Film and Publishing groups › Power, Pargesa and Gesca

Power, Pargesa and Gesca: Power group holdings

Holdings

This page is under development.


Power Corporation of Canada holds a 67.1% interest in Power Financial Corporation, a holding company with stakes in

  • Gesca Ltée
  • Great-West Lifeco Inc.
  • London Life Insurance Company
  • Canada Life Assurance Company
  • Investors Group Inc.
  • Mackenzie Financial Corporation
  • Pargesa Holding S.A.
  • Group Bruxelles Lambert
  • CITIC Pacific Ltd

Gesca

Wholly-owned Gesca Limitée has a 100% interest in the French Montreal daily newspaper La Presse, as well as Le Soleil (Quebec City and east) and other regional French-language newspapers -

  • La Voix de L'Est
  • La Tribune
  • Le Nouvelliste
  • Le Droit
  • Le Soleil
  • Le Quotidien

Gesca's holdings constitute Canada's largest French-language newsgroup.

Insurance

Great-West Lifeco is a financial services holding company with interests in the life insurance, health insurance, investment and retirement savings, reinsurance and specialty general insurance businesses, primarily in Canada, the United States and Europe. It has around $159 billion in assets under administration.

Great-West owns

  • Great-West Life, London Life and Canada Life - leading Canadian insurance entities
  • Great-West Life & Annuity - in the US
  • Great-West Healthcare - in the US
  • Canada Life - substantial life insurance and health business operations in Europe, particularly in the United Kingdom

London Life Insurance Co. is the leading provider of life insurance to Canadians (with the largest participating life insurance business in Canada) and has over than $36 billion in assets under management. The Canada Life Assurance Company provides insurance and wealth management products and services through offices in Canada, the US, UK, Eire, Germany, Brazil, Bermuda and Hong Kong.

Investors Group and Mackenzie Financial

Investors Group Inc. owns Investors Group and Mackenzie Financial, Canada's largest mutual fund organization managing almost twice the assets of their next competitor (with a 17% market share and assets of $78 billion).

Mackenzie Financial Corporation is an integrated financial services group operating directly in North America and internationally through partner sub-advisor firms. It offers over 100 investment funds in North America, managing C$33 billion for over a million investors and their financial advisors. It also offers an array of loan, deposit and other financial products and services

Pargesa

Pargesa Holding S.A. is a holding company for the Pargesa group, which holds significant stakes in four major European groups active in strategic industries that include media and entertainment, energy, water, waste services and specialty minerals.