Throughout its 30 years of existence, the Fonds has adopted measures to improve its processes and its overall governance.

In 2014, always in modernization mode, the Fonds has implemented several components of a new governance system, resulting in many significant changes, including in the areas of ethics, risk management and governance.

Composition of the Board of Directors

The Presidents of the Board of Directors, the Board Committees and the Sector Investment Committees will all be independent.

7members of the Board of Directors will be appointed by the FTQ general council.

7independent members not related to the Fonds or the FTQ and its affiliated unions will be nominated for election each year at the shareholders’ meeting by the Governance and Ethics Committee.

4members will also be elected at the shareholders’ meeting following a public call for nominations.

Codes of Ethics review

  • Review of the Codes of Ethics and Professional Conduct of Employees and Directors.
  • Implementation of an external hotline managed by KPMG.

Review of the investment analysis process

Power of authorization of the Sector Committees increases, thus increasing the power of the independents.

3 New Board Committees

Creation of three new committees, composed of a majority of members independent from the Fonds and the FTQ1


Governance and Ethics


Human Resources


Risk Management

1. Including the FTQ-affiliated unions.

Investment File Governance

Board of Directors of the Fonds
Investment Process
Investment Projects

The Management Committee

Gaétan
Morin

Normand
Chouinard

Danny
Le Braceur

Denis
Leclerc

Michel
Pontbriand

Mario
Tremblay

CHRISTINE BEAUBIEN A, E, G, I, J

President of Groupe BSC and Corporate Director

GERRY BOUTIN

President, Teamsters Québec, Local Union 931, and Vice-President, FTQ

DANIEL BOYER A , E, F, G

President, Fédération des travailleurs et travailleuses du Québec (FTQ), and First Vice-President of the Board of Directors, Fonds de solidarité FTQ

SERGE CADIEUX A , E, F, G, J, K

General Secretary, Fédération des travailleurs et travailleuses du Québec (FTQ), and Secretary of the Board of Directors, Fonds de solidarité FTQ

LOUISE CHABOT

President, Centrale des syndicats du Québec

ANOUK COLLET J

Regional Director, United Food and Commercial Workers International Union (UFCW), and Vice-President, FTQ

MICHÈLE COLPRON A , B, C, F, G

Corporate Director

DENIS LABRÈCHE A, B, D, E, G

Corporate Director

LUCIE LEVASSEUR

President, Canadian Union of Public Employees (CUPE), Québec, and Vice-President, FTQ

GAÉTAN MORIN A, C

President and Chief Executive Officer, Fonds de solidarité FTQ

JEAN-PIERRE OUELLET K

President, Québec Service Employees Union (QSEU), Local 298, and Vice-President, FTQ

YVES OUELLET

General Manager, FTQ-Construction, and Vice-President, FTQ

MICHEL OUIMET

Québec Director, Unifor, and Vice-President, FTQ

ROBERT PARIZEAU A, E, F

Corporate Director and Chairman of the Board of Directors, Fonds de solidarité FTQ

MAGALI PICARD I

Regional Executive Vice-President, Québec Region, Public Service Alliance of Canada (PSAC), and Vice-President, FTQ

DANIEL ROY H

Québec Director, United Steelworkers, and Vice-President, FTQ

PIERRE-MAURICE VACHON A , B, E, F, G, J

Corporate Director and Second Vice-President of the Board of Directors, Fonds de solidarité FTQ

CHRISTINE BEAUBIEN A, E, G, I, J

President of Groupe BSC and Corporate Director

PIERRE BOUDREAULT H

Director and Manager of Mining Companies

MICHÈLE COLPRON A , B, C, F, G

Corporate Director

MICHEL GAUTHIER H

Consultant and Retired Professor (UQAM)

MICHEL GILBERT H

Corporate Director

DENIS LABRÈCHE A, B, D, E, G

Corporate Director

PIERRE LAFLAMME *

Corporate Director and Consultant

MARIO LAVALLÉE C

Professor, Finance Department, Faculty of Administration, Université de Sherbrooke

MICHEL M. LESSARD J, K

Corporate Director

ANDRÉ MONETTE I, K

Advisor in Management, Strategic Planning, Mergers and Acquisitions, and Corporate Finance

JOSÉE MORIN I

Corporate Director and Consultant

MICHEL NADEAU D

Executive Director, Institute for Governance of Private and Public Organizations (IGPPO)

CLAUDE NORMANDEAU K

Real Estate Consultant and Corporate Director

ROBERT PARIZEAU A, E, F

Corporate Director and Chairman of the Board of Directors, Fonds de Solidarité FTQ

JEAN PERRON J

Corporate Director, and President and Chief Executive Officer, Association des cadres des collèges du Québec

JACQUES SIMARD I

Full Professor, Université Laval, and Director, Cancer Genomics Laboratory at the CHUQ/CHUL Research Centre

LOUISE ST-CYR D

Honorary Professor, HEC Montréal

YVON TESSIER K

Corporate Director

MICHEL THÉRIEN C

Strategic Advisor and Corporate Director

PIERRE-MAURICE VACHON A , B, E, F, G, J

Corporate Director and Second Vice-President of the Board of Directors, Fonds de solidarité FTQ