Hydro-Québec
Michael Sabia is the President and CEO of Hydro‑Québec. He served as the Deputy Minister of the Department of Finance Canada from 2020 to 2023. He is also the former Director of the Munk School of Global Affairs & Public Policy at the University of Toronto.
From March 2009 to January 2020, Mr. Sabia served as President and CEO of the Caisse de dépôt et placement du Québec (CDPQ), where he oversaw the strategic direction of CDPQ and the global growth of the organization.
Before joining CDPQ, Mr. Sabia held senior positions with BCE, including President and CEO. From 1993 to 1999, he was a senior executive with Canadian National Railway, where he became Chief Financial Officer. Mr. Sabia spent the preceding decade working as a senior official in the Government of Canada, as the Deputy Secretary to the Cabinet and in senior positions in the Department of Finance.
Mr. Sabia has been Chair of the Board of the Canada Infrastructure Bank. He was also a member of the Canadian Government’s Advisory Council on Economic Growth. Mr. Sabia serves on the Mastercard Foundation Board of Directors.
Mr. Sabia is an Officer of the Order of Canada. He obtained a BA in Economics and Politics from the University of Toronto and an M. Phil. in Economics and Politics from Yale University.
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Hydro-Québec
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It was established by the Government of Quebec in 1944 from the expropriation of private firms. Hydro-Québec generates, transports and distributes electricity. It essentially exploits renewable energies, more particularly hydroelectricity. It also does research in energy-related fields and is actively interested in energy efficiency. In addition, it develops the technologies resulting from its research.