Jeffrey Orr says he’s optimistic about the company’s growth prospects
Great-West Life and IGM Financial saw their operating earnings fall by a total of $73 million while corporate expenses rose by $28 million
Power Financial's investment in Wealthsimple gives the Montreal-based firm a way to reach young, prospective clients
Investment will allow robo-advisor firm to increase staff, bolster product lineup
Claude Généreux will also join Power Corp.
Q3 profit surges 70% to $350 million
Firms says acquisition, hedging program reduced Q4 operating profit
The former Power Corp. leader built his firm into one of Canada’s largest conglomerates
Earnings come in below analyst estimates
Higher contribution from Great-West Lifeco; lower contribution from IGM Financial