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Michael Sabia

Michael John Sabia is a Canadian businessman and public servant.

By Ethan Anderson| Reviewed by Olivia Bennett, Standards & Fact-Checking Lead| Updated July 26, 2026|2 min read| Fact-checked

Michael John Sabia is a Canadian businessman and public servant. He has held senior leadership roles in the private sector, including at BCE/Bell Canada and Canadian National Railway, and in the public sector, including as CEO of Caisse de dépôt et placement du Québec, deputy minister of finance, CEO of Hydro-Québec, and clerk of the Privy Council.

Early life and education

Sabia was born on September 11, 1953. He studied at the University of Toronto and Yale University, where he earned graduate-level training in economics and politics/political economy.

Private-sector career

Sabia held senior roles at Canadian National Railway and later at BCE and Bell Canada, including chief financial officer and chief executive officer positions. His career in business included leadership in telecommunications and transportation.

Public-sector career

Sabia began his career in the Canadian public service, including roles in the Department of Finance and the Privy Council Office. He later returned to federal service as deputy minister of finance and was appointed clerk of the Privy Council in 2025.

Quebec and infrastructure leadership

Sabia led Caisse de dépôt et placement du Québec for more than a decade, then chaired the Canada Infrastructure Bank beginning in 2020. He also served as CEO of Hydro-Québec before moving to the Privy Council role.

Key facts

  • Sabia has moved between senior roles in Canada’s private sector and federal and Quebec public service.
  • He led Caisse de dépôt et placement du Québec from 2009 to 2020.
  • He served as deputy minister of finance for Canada from 2020 to 2023.
  • He was CEO of Hydro-Québec from 2023 to 2025.
  • He became clerk of the Privy Council on July 7, 2025.
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Canadian context

Sabia is a prominent figure in Canadian business and public administration, with leadership roles in federal institutions, a major Quebec pension fund manager, Canada’s infrastructure bank, and Hydro-Québec.

Frequently asked questions

Who is Michael Sabia?
Michael Sabia is a Canadian businessman and public servant known for senior roles in major corporations, Quebec’s pension manager, federal finance, Hydro-Québec, and the Privy Council Office.
What is Michael Sabia’s current role?
He has served as the 26th clerk of the Privy Council since July 7, 2025.
What companies has Michael Sabia led?
He has been CEO of BCE, CEO of Caisse de dépôt et placement du Québec, CEO of Hydro-Québec, and held senior roles at Canadian National Railway.
What is Michael Sabia’s educational background?
He studied at the University of Toronto and Yale University, with training in economics and politics/political economy.
What is Michael Sabia known for in Canada?
He is known for leading major Canadian institutions across finance, telecommunications, utilities, infrastructure, and government.

References

  1. Wikipediahttps://en.wikipedia.org/wiki/Michael_Sabia
    Supports: Birth date; nationality; career chronology; clerk of the Privy Council appointment; senior roles at Caisse, Hydro-Québec, BCE, CN, and federal government.
  2. CFA Montrealhttps://www.cfamontreal.org/static/uploaded/Files/Conferenciers/2014-2015/15-04-01-Bio-Michael-Sabia-EN.pdf
    Supports: Biography; CEO of Caisse de dépôt et placement du Québec; BCE and CN roles; education at Toronto and Yale.
  3. Government of Canadahttps://housing-infrastructure.canada.ca/CIB-BIC/bio-michael-sabia-eng.html
    Supports: Chair of the Canada Infrastructure Bank; prior roles; public-sector beginnings; Order of Canada.
  4. World Economic Forumhttps://www.weforum.org/people/michael-sabia/
    Supports: Private-sector and public-service career summary; education.