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Power Corp. reports $690M Q2 profit, down from $772M last year (Business)
['The Canadian Press - Jul']
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Business NewsPower Corp. reports $690M Q2 profit, down from $772M last yearPower Corp. profit slidesPhoto: The Canadian Press The Power Corporation of Canada logo is shown in this undated handout photo.
THE CANADIAN PRESS/HO, Power Corporation of CanadaPower Corp. of Canada says its net earnings for the second quarter were $690 million.
That's down from $772 million during the second quarter of 2025.
Adjusted net earnings were $974 million, compared with $883 million during the prior-year quarter.
Power Corp., which holds a 68.6 per cent interest in Great-West Lifeco, says that company's net earnings reached $1 billion during the second quarter, compared with $894 million a year earlier.