Board of Directors

The Fonds’ board of directors consists of 19 directors, including the Fonds’ president and chief executive officer. There is one vacancy.

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. 

    • Claude Séguin *

      Claude Séguin *


      Between October 2016 and March 2018 Claude Séguin served as Special Advisor to the Founder and Executive Chairman of CGI Group. Mr. Séguin joined CGI in 2003 as Senior Vice-President, Corporate Development and Strategic Investments, where he was responsible for the mergers and acquisitions team. Before joining CGI, Mr. Séguin was President of CDP Capital-Private Equity at the Caisse de dépôt et placement du Québec. From 1992 to 2000, he served as Executive Vice-President (Finance) and Chief Financial Officer of Teleglobe.
      From 1987 to 1992, Mr. Séguin was Deputy Minister of Finance for the Government of Québec. For the four years before that he was Assistant Deputy Minister in charge of fiscal policy and government corporations. He was also previously employed by the Conseil du trésor du Québec. 
      Claud Séguin holds a bachelor’s degree from HEC Montréal and a PhD in public administration from Syracuse University in New York.
      In addition to chairing the board of the Centraide of Greater Montréal Foundation, Mr. Séguin also sits on the boards of HEC Montréal, the Fondation 24h Tremblant and EXFO Inc. He is the co-author of the reports “Une métropole à la hauteur de nos aspirations” and “Le maintien et le développement des sièges sociaux au Québec.”
    • 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.

      Mr. Morin joined the Fonds in 1989 as Financial Advisor. He then became Portfolio Manager before being promoted to Investment Director. He subsequently held the strategic positions of Senior Vice-President, Natural Resources and Consumer Goods, and Executive Vice-President, Corporate Development and Investment.

      Before joining the Fonds de solidarité FTQ, Mr. Morin worked in business financing for various securities brokers. 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 directors of the Fonds de solidarité FTQ and its subsidiaries, Fonds immobilier de solidarité FTQ and FlexiFonds. He is also a board member of SSQ Financial Group, today merged with La Capitale Insurance, and of Cercle des présidents du Québec, as well as a member of the investment committee of the Fonds local de solidarité of the Des Moulins RCM.

      Holder of a bachelor’s degree in finance and geology, and a master’s degree in economic geology from Université du Québec à Montréal (UQAM), Mr. Morin was awarded the Prix Mérite Ressources by the Ordre des géologues du Québec in 2005

    • 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.

    • Denis Bolduc

      Denis Bolduc

      Third Vice-Chair

      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.

    • Yvon Barrière

      Yvon Barrière

      The members of PSAC-Quebec elected Yvon Barrière as Regional Executive Vice-President in June 2018. In this role, he represents more than 40,000 members and chairs PSAC’s Quebec Council. At the regional level, organizing, education, equity and women’s programs, area councils and directly chartered locals are under his purview.

      Yvon is also Vice-President of the Fédération des travailleurs et travailleuses du Québec and a member of the Fonds de solidarité FTQ board of directors.

      Prior to his election as Regional Executive Vice-President of PSAC-Quebec, Yvon served as Regional Vice-President of the Union of Safety and Justice Employees (USJE), a position he held since 2014.

      From 2002 to 2014, Yvon was a correctional programs officer. During this time, he cultivated a reputation for empathy and constructive interventions for the prison community. He is a determined and passionate activist who firmly believes in solidarity, democratic, fair and equitable unionism.

      He is actively engaged in the community of his home region of Drummondville, where he volunteers as a sports coach and director of sports associations, and regularly gives of his time to various community organizations.

      Yvon holds a bachelor of arts degree and a diploma in administration from Université du Québec à Trois-Rivières.

    • 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.

    • Éric Boisjoly

      Éric Boisjoly

    • Benoit Bouchard

      Benoit Bouchard

    • Loïc Breton

      Loïc Breton

    • 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.

    • Sonia Éthier

      Sonia Éthier

    • 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).

    • Dominic Lemieux

      Dominic Lemieux

    • Sylvie Nelson

      Sylvie Nelson

      Active in the labour movement for 35 years, Sylvie Nelson made history in October 2017 by becoming the first woman to be elected as president of SQUESS-298 (FTQ). At the same time, she was appointed FTQ vice-president representing the Service Employees International Union (UIES).

      Ms. Nelson began her career as an aide in a Laval rehabilitation centre for physical and intellectual disabilities. Her interest in and concern for this clientele led her to become a specialized educator.  Over the years, she demonstrated a keen commitment to labour activism and was especially active on her local union executive board. She was president of her base unit for over 25 years and was elected member of two provincial public sector bargaining committees, serving as technical representative in two major files:  salary relativity and pay equity.  

      In 1997 Ms. Nelson was hired by SQEES-298 member services as an advisor and in 2010 became a coach in the training department. Appointed secretary general in 2011, she assumed responsibility for the training department, political action committee and intercultural and mobilization committee, as well as management of administrative staff. In 2016 she was elected FTQ vice-president representing women in the FTQ.

      Throughout her career, Sylvie Nelson has always been known for her activism and dedication to advancing the cause of women, particularly as regards their living standards and working conditions.



    • Roger A. Renaud*

      Roger A. Renaud*

      Roger A. Renaud has over 12 years of experience as CEO of investment management firms, as well as extensive experience serving on the boards of Canadian and international corporations.
      Mr. Renaud was President (Canada) and then Global Chief Operating Officer of Manulife Asset Management,  a company with over $450 billion of assets under management. He was actively involved in the merger of the Canadian operations of Standard Life Investments with Manulife Asset Management and chaired the Global Operations Committee.
      For over 20 years, he held various high-level positions, including President of Standard Life Investments and Senior Vice-President, Group Savings and Retirement at Standard Life of Canada.
      Mr. Renaud has been a board member of the Centre de théâtre d’aujourd’hui since 2013. For more than 10 years he chaired the organizing committee of the “Action 21” charity event, lending his support to the Down Syndrome Research Foundation. He was also a frequent speaker on investment- and pension plan-related topics at various industry forums.
      Mr. Renaud holds a B.Sc. in actuarial science and is a certified financial analyst (CFA). He also completed the Program for Management Development at Harvard Business School and the Directors Education Program at McGill University.
    • 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.