Can you build a business that delivers exceptional financial returns while also making a positive impact on the world?

In this episode of Beyond the Family Business, Luke Hansen-MacDonald sits down with Olivier Desmarais, third-generation member of the influential Desmarais business family and Chairman of Power Sustainable, an alternative asset manager focused on investing in the future economy.

Olivier shares his journey into the family business, from his early career at Power Corporation to building Power Sustainable into an investment platform focused on renewable energy, infrastructure, and private equity.

We explore his philosophy that profitability and sustainability don't have to be competing interests, and why he believes private capital will play a critical role in addressing climate change.

We also discuss Canada's unique opportunity to become a global energy superpower, the importance of investing in Canadian infrastructure, and how the next generation of business leaders can build on their family's legacy while forging their own path.

Finally, Olivier shares his perspective on civic responsibility, why successful business leaders should become more involved in their communities, and why building a strong society may be the most important legacy we can leave our children.

In this episode, we discuss:

• Olivier's journey as the third generation of the Desmarais family business
• The evolution of Power Sustainable and its investment philosophy
• How to balance strong financial returns with measurable environmental impact
• The opportunity for private capital in Canada's energy and infrastructure sectors
• The importance of community involvement and public service
• How to think about family wealth, responsibility, and legacy across generations

Whether you're an entrepreneur, investor, or member of a family business, this conversation offers valuable insights into building businesses that are both financially successful and meaningful to society.

Beyond the Family Business explores the stories, challenges, and lessons of entrepreneurs and family business leaders, with a focus on building and sustaining successful businesses across generations.

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