Power Corporation of Canada

MI4, Montreal’s powerhouse of infectious disease research, celebrates five years of innovation and philanthropy

Retrieved on: 
Thursday, April 27, 2023

One need only look at the past three years to understand the toll a single, microscopic virus can take.

Key Points: 
  • One need only look at the past three years to understand the toll a single, microscopic virus can take.
  • MI4 has become a collaborative powerhouse, bringing Quebec expertise to the global stage.
  • Thanks to his support, MI4 will be able to mobilize top medical talent in the fight against infectious diseases and antimicrobial resistance.
  • While government granting agencies fund promising research, it is philanthropy that drives innovation by supporting ideas that are on the cutting-edge of science.

IGM Financial, a Member of the Power Corporation Group of Companies, Making Long-Term Strategic Investment in Rockefeller Capital Management; Becomes Shareholder Alongside Majority Investor Viking Global Investors

Retrieved on: 
Monday, April 3, 2023

Rockefeller Capital Management today announced a minority investment in the company by IGM Financial Inc. (“IGM Financial”), a member of the Power Corporation of Canada (“Power Corporation”) group of companies.

Key Points: 
  • Rockefeller Capital Management today announced a minority investment in the company by IGM Financial Inc. (“IGM Financial”), a member of the Power Corporation of Canada (“Power Corporation”) group of companies.
  • “We are very pleased that IGM Financial is becoming a strategic investor in the firm, alongside Viking Global Investors, our founding majority investor, and the Rockefeller family,” said Gregory J. Fleming, President & CEO of Rockefeller Capital Management.
  • In addition, as part of this transaction, the Rockefeller family is increasing its investment in Rockefeller Capital Management.
  • “We are thrilled and enthusiastically support this coming together of Power Corporation, IGM Financial, Rockefeller Capital Management, Viking Global Investors, and the Rockefeller family,” said Paul Desmarais Jr. and André Desmarais, Chairman and Deputy Chairman, respectively, of Power Corporation.

Philip Ryan and Philip Evershed Join Bird Board of Directors

Retrieved on: 
Thursday, March 30, 2023

Bird Global, Inc. (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced that Philip Ryan, Chairman of Swiss Re America Holding Corp, and Philip Evershed, Managing Partner at PointNorth Capital, have joined the Bird Board of Directors.

Key Points: 
  • Bird Global, Inc. (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced that Philip Ryan, Chairman of Swiss Re America Holding Corp, and Philip Evershed, Managing Partner at PointNorth Capital, have joined the Bird Board of Directors.
  • “In recent months, we’ve significantly expanded the leadership on our management team and Board of Directors, adding people with even more experience scaling companies profitably,” said Shane Torchiana, CEO, Bird.
  • Mr. Ryan will serve on the Audit Committee of the Bird Board of Directors and Mr. Evershed will serve on the Compensation Committee of the Bird Board of Directors.
  • Mr. Ryan and Mr. Evershed join current Bird Board of Directors members Travis VanderZanden (Chair), John Ivan Bitove, Robert Komin, Jim Mutrie, Antonio Occhionero, Racquel Russell, and Kevin Talbot.

Paul Mahon, President and CEO, Great-West Lifeco, to speak at the National Bank Financial Services Conference

Retrieved on: 
Thursday, March 23, 2023

WINNIPEG, MB, March 23, 2023 /CNW/ - Paul Mahon, President and Chief Executive Officer, Great-West Lifeco, will speak at the National Bank 21st Annual Financial Services Conference on Thursday, March 30, 2023.

Key Points: 
  • WINNIPEG, MB, March 23, 2023 /CNW/ - Paul Mahon, President and Chief Executive Officer, Great-West Lifeco, will speak at the National Bank 21st Annual Financial Services Conference on Thursday, March 30, 2023.
  • The live webcast will be available and later archived in News and Events of Great-West Lifeco's website.
  • Great-West Lifeco is an international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management and reinsurance businesses.
  • We operate in Canada, the United States and Europe under the brands Canada Life, Empower, Putnam Investments, and Irish Life.

Working together to stop the loss of nature

Retrieved on: 
Thursday, March 9, 2023

The twin crises of climate change and nature loss are monumental in scale and impact.

Key Points: 
  • The twin crises of climate change and nature loss are monumental in scale and impact.
  • This ambition can only be achieved by working collaboratively across all sectors of society to maximize conservation opportunities.
  • Power Corporation of Canada’s commitment to nature conservation demonstrates leadership, and an understanding that we need to work together to make sure nature thrives.
  • At least 50 per cent of global GDP is directly connected to nature and is therefore put at risk by nature loss and climate change.

Power Corporation's President and Chief Executive Officer R. Jeffrey Orr to speak at RBC 2023 Global Financial Institutions Conference

Retrieved on: 
Wednesday, March 1, 2023

MONTRÉAL, March 1, 2023 /CNW/ - R. Jeffrey Orr, President and Chief Executive Officer of Power Corporation of Canada (TSX: POW) ("Power Corporation") will participate in a fireside chat at the RBC 2023 Global Financial Institutions Conference on Tuesday, March 7, 2023, at 2:40 p.m. (Eastern Time).

Key Points: 
  • MONTRÉAL, March 1, 2023 /CNW/ - R. Jeffrey Orr, President and Chief Executive Officer of Power Corporation of Canada (TSX: POW) ("Power Corporation") will participate in a fireside chat at the RBC 2023 Global Financial Institutions Conference on Tuesday, March 7, 2023, at 2:40 p.m. (Eastern Time).
  • This live audio webcast will be available via link in the Presentations & Speeches section of Power Corporation's website at: https://powercorporation.com/en/investors/events-presentations/ .
  • The archived version of the audio webcast will be available at the same location for replay following the event.

Power Corporation to Announce Fourth Quarter and 2022 Financial Results on March 16, 2023

Retrieved on: 
Tuesday, February 28, 2023

MONTRÉAL, Feb. 28, 2023 /CNW/ - Power Corporation of Canada (TSX: POW) ("Power Corporation") will release its fourth quarter and 2022 financial results on Thursday, March 16, 2023, after markets close.

Key Points: 
  • MONTRÉAL, Feb. 28, 2023 /CNW/ - Power Corporation of Canada (TSX: POW) ("Power Corporation") will release its fourth quarter and 2022 financial results on Thursday, March 16, 2023, after markets close.
  • R. Jeffrey Orr, President and Chief Executive Officer, and Gregory D. Tretiak, Executive Vice-President and Chief Financial Officer, will discuss the results in a conference call and live audio webcast on Friday, March 17, 2023 at 8:30 a.m. (Eastern Time).
  • To listen via telephone, please dial 1-888-886-7786 toll-free in North America or 416-764-8658 for local calls made in the Toronto area.
  • A webcast archive will also be available on Power Corporation's website.

nesto raises $80 million Series C financing round to accelerate Canadian expansion and launch nesto Mortgage Cloud

Retrieved on: 
Tuesday, December 13, 2022

MONTREAL, Dec. 13, 2022 (GLOBE NEWSWIRE) -- nesto , Canada’s online mortgage lender, announced today the closing of an oversubscribed $80 million Series C financing.

Key Points: 
  • MONTREAL, Dec. 13, 2022 (GLOBE NEWSWIRE) -- nesto , Canada’s online mortgage lender, announced today the closing of an oversubscribed $80 million Series C financing.
  • The Series C financing round will enable nesto to further develop its proprietary technology, expand its marketing capabilities across Canada and launch nesto Mortgage Cloud .
  • nesto is Canada’s leading digital mortgage lending platform, with a dedicated team of qualified mortgage experts supported by advanced technologies.
  • nesto is delivering on this mission by offering Canadians a leading digital mortgage experience and by empowering partner mortgage lenders to improve and streamline their mortgage lending operations with the nesto Mortgage Cloud.

IG Wealth Management 2023 Market Outlook: Possibility of Recession May Bring New Opportunities for Investors

Retrieved on: 
Thursday, December 8, 2022

"Peak inflation, interest rates and asset class correlation, with equity prices hitting their lows, will present opportunities to investors who are able to navigate the market environment."

Key Points: 
  • "Peak inflation, interest rates and asset class correlation, with equity prices hitting their lows, will present opportunities to investors who are able to navigate the market environment."
  • As some recession fears have already been priced into the market, the IG Outlook predicts that there may be less downside for equity markets in 2023 than what investors experienced in 2022.
  • To learn more about IG Wealth Management's 2023 Market Outlook, visit https://www.ig.ca/en/insights/2023-outlook-navigating-the-peaks-and-troughs .
  • Founded in 1926, IG Wealth Management is a national leader in delivering personalized financial solutions to Canadians through a network of advisors located across Canada.

Great-West Lifeco to release third quarter 2022 financial results

Retrieved on: 
Thursday, October 13, 2022

Conference call to be held Thursday, November 3, 2022

Key Points: 
  • Conference call to be held Thursday, November 3, 2022
    WINNIPEG, MB, Oct. 13, 2022 /CNW/ - Great-West Lifeco will release its third quarter 2022 financial results after markets close on Wednesday, November 2, 2022.
  • The results will be discussed in a conference call and webcast hosted by company management at 11:30 a.m.
  • A replay of the conference call will be available until December 4, 2022, by calling 1-855-669-9658 or 604-674-8052 (Vancouver) using the access code 9514.
  • Great-West Lifeco is an international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management and reinsurance businesses.