Brookfield, headquartered in Toronto, manages public and private investment products for institutional and retail clients, employing 240,000 people. Its segments include asset management and insurance, focusing on long-term capital growth.
BN has been in the news recently: Canadian Prime Minister Justin Trudeau is set to resign after nine years due to low approval ratings for the Liberal Party ahead of the upcoming October election. JCPenney and SPARC Group have established Catalyst Brands, which includes six retail banners and generates over $9 billion in revenue across 1,800 stores with a workforce of 60,000 employees.
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