Quebec's government has officially tapped Michael Sabia as the next head of Hydro-Quebec. Sabia responds to a question at the Public Order Emergency Commission, Thursday, November 17, 2022 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
Republished May 31, 2023 - 3:01 PM
Original Publication Date May 31, 2023 - 1:51 PM
Quebec's government has officially tapped Michael Sabia as the next head of Hydro-Quebec.
In a tweet, Premier François Legault announced Sabia would serve as president and CEO of the Crown corporation, succeeding Sophie Brochu.
Legault says Sabia "is an experienced man who will be able to pursue and overcome the challenges of Quebec's energy transition," according to a translation.
Sabia has served as Canada’s deputy minister of finance since 2020.
Prior to that, he worked at the Department of Finance and the Privy Council Office before joining the private sector.
He is a former chief executive of the Caisse de depot et placement du Quebec and a former chief executive of BCE Inc.
In a statement, Finance Minister Chrystia Freeland said that as deputy finance minister Sabia "helped steer the Canadian economy through one of the most challenging moments in our history."
This report by The Canadian Press was first published May 31, 2023.
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