Economics Magazine

Podcast: Canada’s Rockefellers – The Name is Power

Posted on the 04 April 2012 by Andrewgavinmarshall @A_G_Marshall


People know the name Rockefeller: from the oil barons, to the bankers and industrialists, politicians and think tanks, foundations, universities and in the whole realm of globalization, the name Rockefeller is synonymous with power and oligarchy. There is another name, just north of the border, which is also known as Power: the Desmarais family. Unquestionably Canada’s equivalent of the Rockefeller family, the Desmarais clan own Power Corporation, and it lives up to its name. With dominance over insurance, interests in oil, gas, electricity, major European corporations (such as GDF Suez, Total SA), and forays into the Chinese market, the Desmarais family are known to those who have power.

Every Canadian Prime Minister since the 1970s has been closely affiliated with the Desmarais family, even to the extent that they have become family (such as with Jean Chrétien), and they socialize in Europe with King Juan Carlos of Spain, French President Sarkozy, and the Rothschild family; and with George H.W. Bush, Bill Clinton, and the others in the United States. Through the Bilderberg group, Trilateral Commission, Council on Foreign Relations, Council of the Americas, and JP Morgan Chase, the Desmarais family is closely integrated with the Rockefeller family in the United States. Having managed to keep their names out of the papers and press for so long, it’s time to shed a little light on the Desmarais family and their empire of power.

Listen to the podcast show here (Subscribers only):

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