Michael Sabia

Early life

Michael John Sabia was born on September 11, 1953, in St. Catharines, Ontario. He grew up in an Italian-Canadian household highly engaged in public service and civic involvement. He attended Ridley College before continuing his education at the University of Toronto and Yale University. His academic background helped form an interest in the interactions between government, markets, and institutions.

Career

Sabia started his career in federal public service. He worked in senior roles within the Privy Council Office during the 1980s. That early experience gave him firsthand exposure to national policy making and the inner workings of government. In the 1990s, he moved into the private sector and joined Canadian National Railway, where he held senior executive roles, including Chief Financial Officer.

Sabia joined Bell Canada Enterprises in 1999 and later became Chief Executive Officer. His time at BCE places him at the center of major changes in Canada’s telecommunications sector. In 2009, he took on the role of President and CEO of the Caisse de dépôt et placement du Québec. He spent 10 years helping form the organization into a globally active institutional investor.

After leaving the Caisse in 2020, Sabia returned to public focused work. There, he served as Director of the Munk School of Global Affairs and Public Policy. He later became Chair of the Canada Infrastructure Bank. In late 2020, he was appointed Deputy Minister of Finance Canada. He subsequently led Hydro Quebec as President and CEO before being named Clerk of the Privy Council and Secretary to the Cabinet in 2025, the most senior title in Canada’s public service.

Net Worth

Michael Sabia’s net worth is not available to the public.