A century stronger

A century stronger

2024 Annual Report

Founded in 1925, Power Corporation is an international management and holding company that focuses on financial services in North America, Europe and Asia.

We are active shareholders in a group of leading insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms.

A century of enhancing shareholder value by actively managing operating businesses and investments to generate long-term, sustainable growth

Power at a glance

$32.7 B
Market capitalization[1]
$3.0 B
Adjusted net earnings from continuing operations[2][3]
$2.8 B
Net earnings from continuing operations[2]
$3.6 T
Consolidated assets and assets under administration[3]
$851 B
Total consolidated assets
40,000 +
Employees across the Power group
42 M+
Client relationships
$50 M
Charitable contributions from Power and its group companies
See footnotes, including notes on non-ifrs financial measures
  1. Market capitalization is at March 31, 2025. The description of market capitalization can be found under the section “Other Measures” in the Review of Financial Performance of the Corporation’s 2024 Annual Report.
  2. Attributable to participating shareholders.
  3. Adjusted net earnings from continuing operations and consolidated assets and assets under administration are non-IFRS financial measures.
    Refer to the section “Non-IFRS Financial Measures” in the Review of Financial Performance of the Corporation’s 2024 Annual Report.
See footnotes, including notes on other measures
  1. Market capitalization is at March 31, 2025. The description of market capitalization can be found under the section “Other Measures” in the Review of Financial Performance of the Corporation’s 2024 Annual Report. 
  2. Percentages of participating equity securities beneficially owned, or over which control or direction is exercised, directly or indirectly by Power Corporation. At December 31, 2024, Great-West Lifeco held a 3.9% interest in IGM Financial, and IGM Financial held a 2.4% interest in Great-West Lifeco. GBL is held through Parjointco, a jointly controlled corporation (50%). Parjointco has a 47.0% voting interest in GBL.
  3. As at December 31, 2024, the Corporation held a 50.8% interest in SHMI and a 74.7% interest in PSM. Great-West Lifeco also held a 12.7% interest in SHMI and a 20.8% interest in PSM.