Board of Directors

The Fonds’ board of directors consists of 19 directors, including the Fonds’ president and chief executive officer. There is one vacant seat since Ms Lucie Levasseur announced her departure effective May 13, 2016.

Shareholders elect the majority of directors (11 out of 19) during the annual general meeting. Four (4) are elected from among the candidates selected further to a public call for nominations, and seven (7) are independent directors recommended by the Governance and Ethics Committee.

Seven (7) directors appointed by the General Council of the Fédération des travailleurs et des travailleuses du Québec (FTQ) also join the board of directors.

This power includes the five following key components: 
  • Ensuring the Fonds’ mission, Incorporation Act and any other laws it is subject to are followed while adhering to its values of solidarity and responsibility; 
  • Approving the main directions, policies and business strategies of the Fonds, notably in regards to integrated financial assets management and integrated risk management;
  • Ensuring that there are controls over the Fonds’ management, including over risk management, and ensuring a culture of integrity; 
  • Approving investment recommendations for which it is responsible and monitoring them; 
  • Evaluating the Fonds’ performance on a regular basis.

 * Independent members with no affiliation with either the Fonds de solidarité FTQ, the FTQ or its affiliated unions. 

    • Robert Parizeau *

      Robert Parizeau *

      Chair

      Robert Parizeau serves as Chairman of the Board, non-executive, of Aon Parizeau Inc., insurance brokers and risk management consultants, and in this capacity acts as advisor to the Aon Group in Québec. He sits on the board of SCOR Reinsurance Company of Canada and is an independent member of the United Auto Parts pension fund committees. Furthermore, Mr. Parizeau is co-president of the board of the Québec section of the Institute of Corporate Directors.

      He spent 20 years at the helm of Sodarcan Inc., an insurance brokerage, reinsurance and actuarial consulting firm. He has chaired the boards of Gaz Métro and the Institut de recherches cliniques de Montréal, and has been a director of National Bank, Power Corporation, Groupe Canam and Van Houtte.

      Mr. Parizeau is a graduate of HEC Montréal (1957). In 2004 he received an honorary doctorate from Université de Montréal and in 2010 was named Director Emeritus by Université Laval. He is a member of the Institute for Governance of Private and Public Organizations (IGPPO).

    • Gaétan Morin

      Gaétan Morin

      President and Chief Executive Officer

      Gaétan Morin has been President and Chief Executive Officer of the Fonds de solidarité FTQ since 2014. A member of the Fonds team since 1989, Mr. Morin held a variety of roles in the organization before becoming president, including Executive Vice-President, Corporate Development and Investment, Senior Vice-President, Natural Resources and Consumer Goods, Investment Director, Portfolio Manager and Financial Adviser.

      Before joining the Fonds, Mr. Morin worked in business financing for various securities brokers, including Pemberton Securities and Saumier Morrisson et associés. Prior to this, he served as Project Manager for a number of mining companies and for the Ministère des Ressources naturelles du Québec.

      Gaétan Morin sits on the boards of the Fonds de solidarité FTQ, SSQ Financial Group, the Fondation de l’entrepreneurship and the Cercle des présidents du Québec. In 2005, he was awarded the Prix Mérite Ressources by the Ordre des géologues du Québec.

      He holds a bachelor’s degree in finance and geology, as well as a master’s degree in economic geology from the Université du Québec à Montréal (UQAM).

    • Daniel Boyer

      Daniel Boyer

      First Vice-Chair

      After serving as secretary general of the Fédération des travailleurs et travailleuses du Québec for three years, Daniel Boyer was elected president during the organization’s 30th convention in November 2013.

      Mr. Boyer became actively involved in the Syndicat québécois des employées et employés de service in the early 1980s and became union advisor in 1985. He was elected secretary general in 1999, a position he held until 2007 when he became the union’s president. He worked intensively on, among other things, achieving pay equity for female public sector employees.

      Mr. Boyer serves on the Executive Committee of the Canadian Labour Congress and on the General Council of the International Trade Union Confederation. He is also a member of the Office québécois de la langue française and of the Commission des partenaires du marché du travail.

      Daniel Boyer holds a degree in physical education and industrial relations from Université de Montréal.

    • Pierre-Maurice Vachon *

      Pierre-Maurice Vachon *

      Second Vice-Chair

      Pierre-Maurice Vachon is a well-known personality in the Beauce region where he is both a businessman and a political figure. He has worn several hats, first as CEO, then corporate director, followed by prefect and mayor. To this day, he remains interested in business and management.

      Between 1990 and 2003, Mr. Vachon was CEO and chairman of Cartem, a company he helped found in 1977. He served as mayor of Sainte-Marie for 16 years as well as prefect of the Nouvelle-Beauce CMA and president of the Fédération québécoise des municipalités (FQM). Earlier in his career, Mr. Vachon was the manager of production-related administrative services at the family company, Les Gâteaux Vachon, where he remained for 10 years.

      Mr. Vachon has been a board member of the Fonds de solidarité FTQ since 2005 and a member of the Turnaround Board since 2004. He also serves on the boards of, among others, SSQ General Insurance Company, P.H. Tech and the Fonds régional de solidarité FTQ – Chaudière-Appalaches.

      Pierre-Maurice Vachon holds a business administration degree from Université Laval.

    • Serge Cadieux

      Serge Cadieux

      Third Vice-Chair

      Serge Cadieux has been actively involved in the labour movement both in the private and public sectors since 1979. He is currently secretary general of the Fédération des travailleurs et travailleuses du Québec (FTQ).

      Mr. Cadieux’s first exposure to the labour movement was as a student working evenings in a garage whose employees were members of the United Autoworkers Union (UAW), now called Unifor. In May 1983, he joined the Canadian Office and Professional Employees Union (COPE) as a union advisor. He subsequently held various positions before becoming its executive director in 2004. Since 2007 he has also been national president and vice-president of the Canadian Labour Congress.

      In addition to representing the FTQ on the Comité consultatif du travail et de la main-d’œuvre (CCTM) since 2009, Mr. Cadieux sits on the boards of the Commission de la santé et de la sécurité du travail (CSST) and the Institut de recherche Robert-Sauvé en santé et en sécurité du travail.

      Serge Cadieux holds a Bachelor of Law from Université du Québec à Montréal and was admitted to the Barreau du Québec in 1992. He also holds a diploma in industrial relations and occupational health and safety from Université de Montréal.

    • Christine Beaubien *

      Christine Beaubien *

      With over 30 years’ experience in information technology, finance and international business, Christine Beaubien is a financial angel who invests in start-ups and provides strategic consulting to SMEs through her company, Groupe BSC.

      Ms. Beaubien has held senior positions in a variety of organizations, including Anges Québec, Société générale de financement du Québec (SGF), Bombardier Capital, Export Development Canada (EDC), Desjardins and the Ministère des Affaires internationales du Québec. She also worked at Banque Paribas in Paris and at Versus, an e-commerce firm she co-owned.

      Christine Beaubien serves on the boards of Héma-Québec, Oxfam-Québec, the Centre de Collaboration MiQro Innovation (C2MI) and Expansion Québec.

      Holder of an MBA from HEC Montréal and a Bachelor of Computer Science from Université de Sherbrooke, Ms. Beaubien also holds the ICD.D designation with the McGill-Rotman Institute of Corporate Directors.

    • Denis Bolduc

      Denis Bolduc

      Denis Bolduc is president of the Canadian Union of Public Employees (CUPE) for Québec and a member of the CUPE National Executive Board. He is also a member of the Bureau of the FTQ and has served on the Board of Directors of the Fonds de solidarité FTQ since June 2016.

      Holder of a DEC in Arts and Media Technology from Cégep de Jonquière, Mr. Bolduc worked as a radio broadcast journalist at CKCV-AM in Québec City from 1985 to 1986 and as a journalist at Journal de Québec from 1986 to 2011. He was editor of the free daily Média Matin Québec from 2007 to 2008.

      Mr. Bolduc was president of CUPE-Québec Local 1450 from 2006 to 2011, president of CUPE-Québec’s Provincial Council for the Communications Sector (CPSC) from March to May 2011, and General Secretary of CUPE-Québec from May 2011 to June 2016.

    • Louise Chabot

      Louise Chabot

      Louise Chabot has been a member of the Executive Council of the Centrale des syndicats du Québec since June 2000 and was elected its president in 2012. In this role, she furthers such topics as bargaining, pay equity, the status of women, public policies, relations with other unions and international relations.

      Ms. Chabot has held many union functions during her career, including founding president of the first nursing federation affiliated with a central labour body (the Union québécoise des infirmières et infirmiers) from 1988 to 2000 and president of the Syndicat professionnel des infirmières de Trois-Rivières from 1985 to 1988.

      Ms. Chabot has served on various committees, including the Conseil de la famille et de l’enfance, the Comité Entraide, which she co-chaired, and the Comité consultatif des partenaires of the Commission de l’équité salariale. She was also a member of the Executive Council of the Centre international de solidarité ouvrière.

      A nurse by profession, Ms. Chabot worked at Hôtel-Dieu de Lévis for ten years and in three hospitals in Trois-Rivières. She was her local’s steward at the Centre hospitalier régional de Trois-Rivières.

      Louise Chabot holds a nursing diploma from cégep de Lévis-Lauzon and a law degree from Université du Québec à Montréal.

    • Anouk Collet

      Anouk Collet

      A graduate in law and industrial relations, Anouk Collet is executive assistant to the national president of the United Food and Commercial Workers (UFCW) union. She has over 20 years’ experience in bargaining, organizing, training and member services.

      Ms. Collet was elected vice-president of the FTQ and to the board of directors of the Fonds de solidarité FTQ in 2013. She is also vice-president of the Canadian Labour Congress (CLC) as well as a member of various FTQ committees, including education and grievance arbitration.

      Anouk Collet is co-chair of Détail Québec, the retail trade labour sector committee. Engaged in the community, she has served on the board of directors of the Leukemia and Lymphoma Society of Canada since 2012.
    • Michèle Colpron *

      Michèle Colpron *

      Active and respected in her profession for over 25 years, Michèle Colpron has 10 years of international business experience. She has been a board member of the Barreau du Québec’s Fonds d’assurance responsabilité professionnelle since 2012. She also chairs its Investment Committee and sits on its Audit Committee.

      During her 12 years at Caisse de dépôt et placement du Québec, Ms. Colpron served as senior vice-president, Financial Management, ensuring sound management of the organization’s treasury and coordinating its financing activities on bond markets. In that role, she was also accountable for the Caisse’s performance. Prior to that, she oversaw operations as vice-president, Investment Administration. In a previous position as vice-president, Private Equity & Administration, Ms. Colpron was in charge of the Caisse’s private equity investments.

      Prior to joining the Caisse, Ms. Colpron was with Merrill Lynch Bank (Suisse) and before that served as CFO at Standard Chartered Bank in Switzerland. Her foray into the international began as an audit manager for Ernst & Young in London and Hong Kong.

      Michèle Colpron is a certified corporate director, duly accredited by Université Laval, and a member of the Ordre des comptables professionnels agréés du Québec. She holds a Bachelor of Business Administration from HEC Montréal.

    • Alain Croteau

      Alain Croteau

      Having close to 35 years’ experience in the labour movement, Alain Croteau was appointed Québec Director by the Executive Board of United Steelworkers in December 2015.

      A long-time steelworker, Mr. Croteau started his career as a coremaker at Mitchell Aerospace in 1978. He was elected for the first time as Unit Officer in 1983, and joined United Steelworkers on a full-time basis in 1994 as Vice-President of Local 8990. He sat on various committees, including the Recruitment Committee and the Advisory Committees on apprenticeship and qualifications for several trades in the metal sector.

      Afterwards he became a union representative, then Coordinator of the North-Shore regional office, in Sept-Îles, and finally Assistant to the Québec Director in 2014, before stepping into the position of Québec Director.

    • Renaud Gagné

      Renaud Gagné

      Renaud Gagné is the Québec director of Unifor, Québec’s largest private sector union.

      Mr. Gagné’s career in the labour movement began in 1984, when he became a union representative. Over the next 23 years, he built extensive bargaining experience in the pulp and paper and wood processing industries. In 2007, he was elected Vice-President (Quebec Region) of the Communications, Energy and Paperworkers Union of Canada. During his tenure, he was confronted with many situations that called for innovative solutions in order to protect jobs, working conditions and pension funds. He also steered complex dossiers involving companies subject to the Companies' Creditors Arrangement Act and made numerous representations before the Québec government during the reform of the province’s forestry regime. Upon the founding of Unifor in 2013, Mr. Gagné was appointed Assistant to the Quebec Director.

      Mr. Gagné holds a mechanical manufacturing technician diploma. He has been a Board member of Solifor, a forestry asset management firm, since 2009.


    • Denis Labrèche *

      Denis Labrèche *

      Denis Labrèche has over 30 years’ experience in business valuation, financial disputes and M&As in various industries. As a partner at Ernst & Young from 1978 to 2011, he was involved in key mandates and transactions and was frequently called to give expert testimony. He was also tasked with many venture capital mandates for the Government of Québec, Caisse de dépôt et placement du Québec and Société générale de financement du Québec. He also acted as financial advisor to large organizations including Provigo, Métro, Rona, Bell Canada and the Canadian Red Cross.

      Very active throughout his career, Mr. Labrèche has given speeches, led countless seminars on business valuation and financing and written articles on the topic for the business magazine Commerce and the La Presse newspaper.

      Mr. Labrèche has served on the boards of the Canadian Institute of Chartered Business Valuators and of Réseau Capital.

      Denis Labrèche is a Chartered Business Valuator (CBV – 1984) and a Chartered Accountant who made the prestigious Honour Roll of the Chartered Accountants 1978 Uniform Exam (UFE).

    • Kateri Lefebvre

      Kateri Lefebvre

      A graduate of Université de Montréal (1984) with a degree in industrial relations, Kateri Lefebvre has been Executive Director of the Syndicat des employées et employés professionnels-les et de bureau (SEPB-Québec) since August 1, 2016. She is also Vice-President of the FTQ office.

      Ms. Lefebvre has over 30 years of experience in labour relations. She has served as a labour consultant in various workplaces, both in the area of bargaining and defence of worker rights before decision-making bodies. In June 2016, she was elected National Secretary-Treasurer of COPE-SEPB, the national union with which SEPB-Québec is affiliated.


    • Sylvie Nelson

      Sylvie Nelson

    • Yves Ouellet

      Yves Ouellet

      General Manager of FTQ-Construction since 2010, Yves Ouellet began his career in the construction industry in the 1980s as a carpenter-joiner.

      He subsequently worked as a project manager for eight years. In 1997 he was elected president of the Fraternité nationale des poseurs de systèmes intérieurs, revêtements souples et parqueteurs-sableurs (local 2366). He also held the positions of financial secretary of FTQ-Construction between 2002 and 2005 and vice-president from 2008 to 2010.

      Yves Ouellet is currently vice-president of the Fédération des travailleurs et travailleuses du Québec (FTQ) and has been a Board member of the Commission de la santé et de la sécurité du travail (CSST) since 2010. He also sits on the Benefits Committee of the Commission de la construction du Québec and has been vice-chair of the Board of Directors of the Canadian Labour Congress since 2009.

    • Magali Picard

      Magali Picard

      Magali Picard is regional executive vice-president (REVP) for Québec for the Public Service Alliance of Canada (PSAC). In this role, she is responsible for organization, education, political and social action, women's equity programs and area councils.  She also chairs the PSAC Québec Council and is vice-president of the Fédération des travailleurs et travailleuses du Québec (FTQ).

      Prior to being elected REVP, Ms. Picard had served as alternate vice-president of PSAC-Québec since the PSAC-Québec Convention in 2008. Regional political action was her primary responsibility in that position. She also served as national vice-president (Québec region), for the UVAE from 2005 to 2012.

      With more than 10 years' union involvement in PSAC, Magali Picard also held various positions within her local (UVAE 10008) and served on the Finance Committee of the PSAC National Convention in 2006 and 2009.

    • Jean-Claude Scraire *

      Jean-Claude Scraire *

      Jean-Claude Scraire is an independant consultant in strategic development. Since 2002, he has worked for different organizations and businesses in Asia, Europe and Québec.

      Mr. Scraire previously worked for 22 years at the Caisse de dépôt et placement du Québec where he served as Chairman of the Board and Chief Executive Officer from 1995 to 2002. He also held various positions in Québec public administration from 1974 to 1981, including at the Ministère de la Justice.

      Committed to economic development and strongly believing in the importance of entrepreneurship while respecting the local communities, Jean-Claude Scraire has recently chaired the board of directors of Investissement Québec and the Fondation de l’entrepreneurship.

      Member of the Barreau du Québec since 1970, Mr. Scraire is also a member of the Fondation de l’entrepreneurship and the University Club.

    • Claude Séguin *

      Claude Séguin *

      Conseiller du fondateur et président exécutif du conseil d'administration de Groupe CGI inc. et administrateur de sociétés

      Mr. Séguin has served as Advisor to the Founder and Executive Chairman of CGI Board since October 2016. He joined the organization in 2003, as Senior Vice-President of Corporate Development and Strategic Investments. Before joining CGI, Mr. Séguin held the position of President of CDP Capital-Placements privés at Caisse de dépôt et placement du Québec. He had previously served as Executive Vice-President of Finance and Chief Financial Officer at Teleglobe Inc.

      From 1987 to 1992, Mr. Séguin was Deputy Minister of Finance for the Province of Québec, and he served as Assistant Deputy Minister for Financial Policies and Crown Corporations for the same ministry from 1983 to 1987. He also worked at the Québec Treasury Board.

      Mr. Séguin holds a Bachelor’s degree from HEC Montréal, and earned a Master’s degree and a Ph.D. in Public Administration from Syracuse University in New York.

      In addition to acting as Chairman of the Board of Finance Montréal, Mr. Séguin is a member of the boards of HEC Montréal, the Centraide of Greater Montreal Foundation, the Board of Trade of Metropolitan Montréal and EXFO Inc. He also co-authored the reports entitled “A city that lives up to our aspirations” and “The Maintenance and Development of Head Offices in Québec”.