“I consider my appointment to such an important position as evidence that Quebeckers are open and confident because the French language is clearly at the heart of life in Quebec and the French language is at the heart of the Caisse's operations,” said Mr. Sabia, who speaks very good French, albeit with an accent.
“In 1993, I chose Quebec. I chose Quebec again in 2000. And now, with other opportunities [available] in Europe, the United States, I chose Quebec again.
Why? Because for my family, for myself, Quebec is home.”
Michael John Sabia BA, MA, MPhil (born 1953 in St. Catharines, Ontario) is the former CEO of Bell Canada and Bell Canada Enterprises and has just been tapped as the new president of the Caisse de dépôt et placement du Quebec.
Michael Sabia goes to the Caisse
The Caisse de dépôt et placement du Québec (CDPQ) manages public pension plans in the Canadian province of Québec. It was founded in 1965 by an act of the National Assembly. The name translates to Quebec Deposit and Investment Fund, but the official French name is normally used in English. In either language, the pension fund is colloquially referred to as the "Caisse". The Caisse is headquartered in Quebec City in the Price building and has a business office in Montreal.
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