Power Co. of Canada (TSE:POW) reported higher first-quarter adjusted earnings and net asset value, with management citing broad-based strength at Great-West Lifeco and IGM Financial, continued growth in private assets platforms and a larger cash balance that is supporting share repurchases.
On the company’s first-quarter 2026 earnings call, President and CEO R. Jeffrey Orr said he was “very pleased” with the results and the momentum across Power’s businesses, noting supportive market conditions despite elevated global risks. “The stock market levels continue to rise. Interest rates have been supportive. Investors have made a lot of money,” Orr said, adding that business conditions have remained favorable.
