Audit Committee

The Audit Committee is comprised entirely of independent members with no affiliation with either the Fonds de solidarité FTQ, the FTQ or its affiliated unions.

Highlights of the Audit Committee’s mandate:

• See to the distribution of financial information to shareholders and regulators;
• Approve and ensure compliance with the valuation principles for development capital investments;
• See to the effectiveness of internal controls implemented by management and ensure they are not overridden;
• Ensure compliance with laws and regulations and manage risks that affect the accuracy of financial information;
• Ensure compliance with the codes of ethics.

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

    • 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).

    • Michèle Colpron *

      Michèle Colpron *

      Vice President

      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.

    • 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.

    • 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”.