Mr. Michael Sabia was appointed the Deputy Minister of the Department of Finance Canada as of December 14, 2020. He is the former Director of the Munk School of Global Affairs & Public Policy at the University of Toronto.
From March 2009 to January 2020, he served as President and Chief Executive Officer 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 numerous senior positions with BCE, including President and Chief Executive Officer, Executive Vice-President and Chief Operating Officer, and Chief Executive Officer of Bell Canada International. From 1993 to 1999, he occupied various roles with Canadian National Railway, including Chief Financial Officer. He 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 obtained a Bachelor of Arts in economics and politics from the University of Toronto and holds graduate degrees in economics and politics from Yale University.
Mr. Sabia is a member of the Canadian government’s Advisory Council on Economic Growth and Chair of the Canada Infrastructure Bank. He is a trustee of the Foreign Policy Association of New York and a member of the Canada-Mexico Leadership Group and the Asia Business Leaders Advisory Council.
He is committed to community involvement, including recently co-chairing the capital campaigns of Université de Montréal, Polytechnique Montréal and HEC Montréal.
Mr. Sabia is an Officer of the Order of Canada.