New finance department leadership team announced following Michael Sabia’s departure

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Career public servant Chris Forbes becomes the new deputy minister of finance as Sabia departs to lead Hydro-Québec

The federal government has named a new leadership team at Finance Canada, with veteran public servant Chris Forbes filling the deputy minister post vacated earlier this year when Michael Sabia left Ottawa to head Hydro-Québec.

He also oversaw budget announcements of major new government programs that have yet to fully launch – including a $15-billionThe 2022 budget also promised to create a permanent Council of Economic Advisors, which has not yet been acted upon. He previously held a range of senior positions across government, spending a substantial part of his career at Finance Canada. He holds a master’s degree in economics from McGill University.

“This is obviously an area where the government is investing very, very large sums of money in, and Chris is one of the people in government who’s most on top of these things.” Prime Minister Justin Trudeau also announced Tuesday that Suzy McDonald will move from associate deputy minister of agriculture to associate deputy minister of finance.

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