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Power Broadcasting : ウィキペディア英語版
Power Corporation of Canada

Power Corporation of Canada is a diversified international management and Canadian holding company. Through its subsidiary, Power Financial Corporation, it has interests in companies in the financial services sector in Canada, the United States and Europe. Through its subsidiary, Square Victoria Communications Group, it holds interest in companies from the communications and media sector. Power Corporation also holds and actively manages a portfolio of investments in the United States, Europe and Asia. The company manages assets of $1.22 trillion.〔http://www.powercorporation.com/en/investor-relations/power-corporation-snapshot/power-corporation-snapshot/〕
The corporation is known for its active participation in Canadian politics through its relationships and the relationships of the Desmarais family with prominent politicians of all political stripes.
==History==
Power Corporation of Canada was formed in 1925 by stockbrokers Arthur J. Nesbitt and his partner Peter A. T. Thompson. Nesbitt served as the company's first president. Power Corporation was created as a holding company to manage their substantial investments in public utility companies involved in the electrical power industry in Quebec's Eastern Townships plus in the other Canadian Provinces of Ontario, Manitoba, New Brunswick and British Columbia. In the latter part of the 1930s, the company acquired a controlling interest in Bathurst Pulp and Paper Company Ltd. and in 1938, Canadian Oil Companies Ltd., selling the latter to Shell Oil Company in 1962.
In 1952, Arthur J. Nesbitt was succeeded as president by his son Arthur Deane Nesbitt (1910–1978). The family sold most their interest in Power Corporation to the Paul Desmarais group in 1968 and by 1970 no longer had any involvement. At that time, Paul Desmarais had already started implementing an investment philosophy which continues today: responsible management, prudent approach to risk, long-term value creation, etc.
1984 saw the creation of a diversified management and holding company, Power Financial Corporation. Global expansion for the group began in the 1970s in Europe and followed in the 1990s in Asia. The group's involvement in the finance sector continued in 2000 with the acquisition of Canada Life, Mackenzie Financial and Putnam Investments.
Power Corporation owns 100% of Square Victoria Communications Group, 66.1% of Power Financial Corporation and 4.3% of CITIC Pacific.
While it was originally established as an electric utility holding company, the company became a conglomerate with major interests in publishing and the finance industry.〔(The name is Power and it fits ), The New York Times, January 25, 2007.〕

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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