14:33:40 EDT Mon 11 May 2026
Enter Symbol
or Name
USA
CA



Power Corp of Canada
Symbol POW
Shares Issued 577,233,271
Close 2026-05-08 C$ 79.40
Market Cap C$ 45,832,321,717
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Globe says Power's Katchen learned stamina from his mom

2026-05-11 06:54 ET - In the News

The Globe and Mail reports in its Saturday, May 9, edition that in honour of Mother's Day it asked Power Corp. of Canada's Wealthsimple chief executive officer Michael Katchen for the best advice he ever got from his mom. The Globe's unbylined item reports that Mr. Katchen says his mom taught him about entrepreneurship long before he knew what the word meant. He says she taught him to try things before he felt ready. "She encouraged me to make sculptures with her, and after I'd made a few, she pushed me to build a portfolio and try selling them to galleries. I went door to door showing some truly awful figurines until one gallery finally took pity on me and bought one. Looking back, that was my first start-up: Make something, hear no repeatedly, keep going and eventually make the first sale." As well, she taught resilience by example. "She has faced serious health challenges in her life, but she is relentlessly tenacious. At 75, she's still coaching founders, running a thriving psychology practice and now launching a new venture. He adds: "She's shown me that entrepreneurship isn't just about ideas or ambition -- it's about stamina, adaptability and continuing to build no matter your age or circumstances."

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