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  5. POW: Just a follow up on POW. [Power Corporation of Canada Subordinate Voting Shares]
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Q: Just a follow up on POW. My understanding is that POW owns a majority stake in Wealthsimple. If this is accurate, does this move the needle for POW or is wealthsimple too small? Thank-you
Asked by Alex on December 13, 2024
5i Research Answer:

POW noted the value of its WealthSimple holding was $2.1 billion last month. This compares to POW's $29.9 billion market cap. So, significant, but not hugely material to POW yet. 

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