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power corporation of canada

Top 75 Family Business Leaders 2019: Americas

September 30, 2019

CampdenFB has featured many of the leading lights in the family business and family office space over its 75 issues. Here we take a look at some of the icons in the world of business families plus the up-and-comers taking the community into the 21st century

CampdenFB has featured many of the leading lights in the family business and family office space over its 75 issues. Here we take a look at some of the icons in the world of business families plus the up-and-comers taking the community into the 21st century.

FB Roundup: Gou, Desmarais, and Chearavanont

April 30, 2019

Foxconn tycoon Terry Gou announces his bid for Taiwan presidency, Desmarais scion hits back at banks over hidden fees, and Thailand’s richest man resigns as chairman of Charoen Pokphand Foods.

Foxconn tycoon Terry Gou announces his bid for Taiwan presidency

Terry Gou, founder and chairman of Apple supplier Foxconn, has stepped down from leading his company to contest Taiwan’s 2020 presidential election.

The announcement came just two days after Gou told Reuters he was considering stepping away from daily operations at the company to pave the way for younger talent to move up the company’s ranks. His son, second-generation Jeffery Gou, has worked in various roles within the company.

Binding decisions: How philanthropy can foster family unity

September 20, 2016

Affluent families are good at structuring their decision-making around investments, but could more formal processes around philanthropy also be helpful in building family unity? Daniel Bardsley reports

It is two decades since the late Canadian business icon Paul Desmarais stepped down from running the Power Corporation of Canada and passed day-to-day control to his two sons.

O Canada! Family businesses flourishing in the True North (infographic)

June 30, 2015

A few exceptions aside, what is striking about many of Canada's largest family businesses is that they are little known abroad. While these domestically-focused firms have been striving so far, it remains to be seen how they will perform if Canada's economy trips up.

Family businesses are key drivers of Canada’s economy, accounting for at least 45% of GDP, and numbering among them many of the country’s top firms, including global powerhouses such as Thomson Reuters and Bombardier.

Family business roundup: Canadian and European groups remain buoyant

March 15, 2012

Family businesses such as Power Corporation of Canada, Hennes & Mauritz and Zodiac have not just had a good 2011 but also a positive beginning to 2012.

Montreal-based Power Corporation of Canada, the financial services and communication company controlled by the Desmarais family, said revenues for fiscal 2011 rose to CAD$32.9 billion (€25.3 billion), up from CAD$32.8 billion the year before.