Biography

 Pierre Arbour

Studies

1956: B.A., Université de Montréal (Séminaire de Philosophie)
1959: B.Com., McGill University
1962: Advanced studies in Applied Economics (H.E.C.)

Career

1959: London Life (Group Life representative)

1960: Industrial Life (Group Insurance)

1962: Morgan Ostiguy & Hudon Ltd., stock broker and financial analyst

1966: Caisse de Dépôt et Placement – Founding Equity Manager, common share portfolio

1976-79: Caisse de Dépôt et Placement – Senior Corporate Investment advisor and member of the Investment Committee

1977-80: To represent the Caisse’s interests, Mr. Arbour was elected director of the following companies: Gaz Metro Inc., Horne & Pitfield Ltd., M.Loeb Ltd., National Drug and Chemical Ltd., Place Desjardins, Provigo Inc. and Société d’Investissement Industriel du Québec (S.D.I.). Mr. Arbour resigned from these boards in early 1980.

1979: With an investment of $ 30,000, Mr. Arbour launched Alkebec Inc. which became involved in oil & gas exploration and tax shelters.  From 1984 on, Alkebec Inc. became a venture capital firm and invested in numerous Canadian growth companies both public and private.

1979-93: President and C.E.O. of Monterey Capital Inc., a public company involved in industrial equipment distribution.

1980-89: Director and member of the audit committee of Consolidated Bathurst Inc., a pulp and paper company sold to Stone Container Ltd. in 1989 for more than $ 2.6 billion.

1993: Publication of a book entitled: “Quebec Inc. and the Temptation of State Capitalism”, Robert Davies Publishing.

2005: Creation of the Fondation Universitaire Pierre Arbour in December. Mr. Arbour donated all the shares of Alkebec Inc., valued at $ 9 million, to the newly created Foundation.

2015: 10th anniversary of the Foundation, more than $2.8 million in scholarships has been awarded to 189 students completing their masters or doctorates.