Carney appoints finance veteran Sabia to head Canada federal bureaucracy
June 11 (Reuters) - Prime Minister Mark Carney on Wednesday said he was appointing Michael Sabia, a veteran financial expert who heads power-generating utility Hydro-Quebec, to run the Canadian federal bureaucracy.
Sabia has been at Hydro-Quebec since 2023, when he left his post as the top bureaucrat at the federal finance ministry. He also served as the head of Canada's second-biggest pension fund from 2009 to 2020.
"Mr. Sabia brings over three decades of expertise across the public and private sectors," Carney's office said in a statement. Sabia will take over as clerk of the Privy Council - the head of the civil service - on July 9.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Recommended Articles
Featured Tools
Top News
Meme Stocks Reappear. Avis Shares Reach New Highs Amid Short Squeeze. Can Retail Investors Still Buy?

Tesla Q1 2026 Earnings Preview: 50,000-Unit Inventory Overhang, Energy Storage Halved, 5 Core Metrics Long-Term Investors Should Really Watch

Bitmine 2030 Stock Price Prediction: Why Did BMNR Stock Price Fall? How High Will It Rise in the Future?

Strike Threat Could Cost 30 Trillion Won, Can Samsung’s Stock Rally Last?

SpaceX IPO: Musk Weighs $60 Billion Cursor Deal, and Can It Save xAI?

Tradingkey








