Bell Canada Enterprises
Who did Michael Sabia work for between Dec 2002 and Jul 2006?
Michael Sabia Michael John Sabia ( born September 11 , 1953 ) is a Canadian businessman and civil servant . From 2009 until January 2020 , Sabia was president and CEO of Caisse de dépôt et placement du Québec . He previously served as CEO of BCE Inc . from 2002 to 2008 . In November 2019 , the University of Torontos Munk School of Global Affairs and Public Policy announced that Sabia would be its new director . He served in that role from February to December 2020 , when he was appointed by the Government of Canada as Deputy Minister of Finance . Personal life . Born in St . Catharines , Ontario , Sabia is the son of Michael Joseph Sabia and Laura Sabia ( née Villela ) ; both of his parents are of Italian descent . He attended Ridley College in St . Catharines . Sabia received his undergraduate education from the University of Toronto , and he earned his graduate degrees at Yale University . His wife , Hilary Pearson , is the granddaughter of former Prime Minister Lester B . Pearson . In 2016 , Sabia was appointed as an Officer of the Order of Canada . Career . Sabia held a number of senior positions in Canadas federal public service during the 1980s and early 1990s , including Deputy Secretary to the Cabinet of the Privy Council Office . Sabias supervisor at that time , Clerk of the Privy Council Paul Tellier , left the public service in the early 1990s to assume the presidency of a Crown corporation , Canadian National Railway . He subsequently persuaded Sabia to follow him to help in privatizing the company . Sabia held a number of executive positions at Canadian National Railway during the 1990s , including the position of chief financial officer . He left Canadian National Railway to join Bell Canada Enterprises in 1999 and became chief executive in 2002 , succeeding Jean Monty . In 2007 , the BCE board of directors accepted an offer from the Ontario Teachers Pension Plan to privatize the telecommunications company . Later that year , Sabia said he would leave Bell after the privatization deal was finalized . Sabia left Bell in July 2008 and was succeeded by George Cope . By December 2008 , following the collapse of the debt market , the privatization deal fell apart . On March 13 , 2009 , Sabia was named chief executive of Caisse de dépôt et placement du Québec ( CDPQ ) , succeeding Fernand Perrault . At CDPQ , he was both president and CEO . On February 15 , 2017 , CDPQ announced that Sabias mandate as president and CEO was renewed until March 31 , 2021 . Bloomberg said in 2019 that under Sabias tenure , the Caisse dove into international markets . About 64% of the fund , which manages the pension savings for the province of Quebec , is now in global markets versus 36% in 2009 . Sabia was a member of the Canadian federal governments Advisory Council on Economic Growth , which advised the Canadian finance minister on economic policies to achieve long-term sustainable growth . In 2016 , the council called for a gradual increase in permanent immigration to Canada to 450,000 people a year . On November 12 , 2019 , it was announced that Sabia would be leaving CDPQ to become head of the Munk School of Global Affairs and Public Policy at the University of Toronto , ending his term at CDPQ a year early . He started the new role in February 2020 . Sabia was replaced as head of CDPQ by Charles Emond in January 2020 . In April 2020 , Sabia was appointed as Chairperson of the Canada Infrastructure Bank . In June 2020 , he was named to the board of directors of the Mastercard Foundation . On December 6 , 2020 , it was announced that Sabia would replace Paul Rochon as Deputy Minister of the federal Department of Finance . On January 27 , 2021 , Tamara Vrooman was appointed to succeed Sabia as Chairperson of the Canada Infrastructure Bank .