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Quebec  + Canada + Cross Border News  + Finance  | 
Photo of Marc-André Blanchard, appointed as Prime Minister Mark Carney's chief of staff on June 1, 2025.

Blanchard Leaves CDPQ to Become Chief of Carney’s Staff

Prime Minister Mark Carney has hired a leading Caisse de dépôt et placement du Québec (CDPQ) executive as his new chief of staff.

Marc-André Blanchard was appointed to his new position Sunday. He will assume his duties in July.

CDPQ announced Blanchard’s resignation from his role as an executive vice-president and head of both CDPQ Global and global sustainability.

Bouchard joined CDPQ in 2020 after spending four years as Canada’s ambassador and permanent representative to the United Nations.

Charles Emond, the Quebec pension-fund manager’s president and CEO, said Bouchard “has definitely left his mark on CDPQ.”

Emond praised Blanchard for enabling CDPQ to become a globally recognized organization and making its sustainable investment goals “a hallmark of the institution.”

CDPQ did not name a replacement for Blanchard.

He is expected to play leading advisory and hiring roles, as Carney attempts to fulfill his campaign pledges.

Many of the promises are tied to commercial real estate development.

Pictured: Marc-André Blanchard

Photo: United Nations Foundation

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Inside The Story

Charles EmondCDPQMarc-André Blanchard

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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