Press Releases

Québec, April 18, 2019 – On Thursday morning, the Québec Cabinet appointed Mr. Guy LeBlanc as the next President and CEO of Investissement Québec, one of the main levers of Québec’s economic development, effective April 23. His mandate will include carrying out the ambitious reform of Investissement Québec promised by the Premier of Québec, which will be unveiled in the coming months.

A distinguished alumnus of HEC Montréal, member of the Ordre des comptables professionnels agréés du Québec and Fellow of the Canadian Institute of Chartered Accountants, Mr. LeBlanc specializes in business acquisitions, financing and transfers. His past posts include Managing Partner of PricewaterhouseCoopers Montréal and of the PricewaterhouseCoopers Canada Transaction group. He has also served as corporate director of Goodfood Market Inc., The Lion Electric Co., Groupe Meloche and Atis Group. In addition, he was a member of the board and audit committee of Canam Group and of the board and investment committee of Montréal International, where he gained extensive experience in business support and negotiations.

Investissement Québec’s current President and CEO, Mr. Pierre Gabriel Côté, will work with Mr. Leblanc over the coming months to ensure a smooth transfer of responsibilities.

Quote :

“I have no doubt that Mr. LeBlanc will prove more than able to meet this new challenge. His career path bears witness to his solid grasp of the Québec business milieu and his commitment to growing businesses by providing support with strategic investments. I wish to thank him for putting his considerable know-how and experience to work to ensure the economic development of all Québec regions, in particular through the transformation of Investissement Québec.”

Pierre Fitzgibbon, Minister of Economy and Innovation and Minister Responsible for the Lanaudière Region

Highlights:

• Investissement Québec serves as a springboard for homegrown businesses that want to start operations or expand nationally or internationally, whether by providing funding, investing in venture and development capital, or helping them secure financing or capitalize on Québec’s generous tax regime.
• The March 2019 Budget Plan provides a $1 billion boost to Investissement Québec’s share capital, from $4 billion to $5 billion. This increase will allow Investissement Québec to provide additional support for businesses from its own capital, particularly in the form of loans and equity investments.
• As previously announced, a review of Investissement Québec’ role and business model is under way. The details of the transformation will be announced shortly.

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Investissement Québec

1 844 474-6367