Clément Gignac, born on May 7, 1955, is a distinguished Canadian figure whose career has spanned the highest echelons of economics and public service, both provincially in Quebec and at the federal level. Known for his keen economic insights and dedicated public contributions, Gignac has carved out a remarkable path, moving from a highly respected role in the financial sector to significant political appointments.
A Respected Voice in Canadian Economics
Before his significant foray into elected politics, Clément Gignac had already established himself as a leading voice in Canada's economic landscape. For a substantial period, spanning over a decade, he served as the Senior Vice-President, Chief Economist, and Strategist at National Bank Financial. In this influential capacity, Gignac consistently earned recognition as one of the country's top strategists and economists, a testament to his profound understanding of market dynamics and his ability to forecast economic trends. His insightful analyses and perspectives were widely sought after, making him a fixture in discussions shaping Canada's financial outlook.
His expertise also briefly led him to Ottawa, where he served as a senior advisor to the Deputy Minister of Finance. This role provided him with direct exposure to federal economic policy-making, further broadening his understanding of national fiscal strategies before he stepped into provincial politics.
From Bay Street Insights to Quebec's National Assembly
Clément Gignac's transition into provincial politics began in 2009. On June 22 of that year, he successfully contested a by-election in the riding of Marguerite-Bourgeoys, securing his seat as a Member of the National Assembly (MNA) of Quebec. This particular election was prompted by the resignation of the respected MNA Monique Jérôme-Forget, creating an opportunity for Gignac to bring his extensive economic background to the provincial legislature under the banner of the Quebec Liberal Party.
His arrival in Quebec City was met with immediate and significant responsibility. The very next day, on June 23, 2009, then-Premier Jean Charest appointed Gignac as the Minister of Economic Development, Innovation and Export Trade. This crucial portfolio, previously managed by Raymond Bachand (who also served as Finance Minister), placed Gignac at the forefront of Quebec's efforts to stimulate economic growth, foster innovation, and expand its presence in international markets. His mandate involved crafting policies to support businesses, attract investment, and ensure the province's economic competitiveness during what was a challenging global period.
A Call to Federal Service: The Senate Appointment
After his tenure in Quebec's National Assembly concluded in 2012, Clément Gignac continued to contribute to public discourse and economic policy through various roles. His journey in public service took another significant turn on July 29, 2021, when he was appointed to the Senate of Canada. This prestigious appointment, made by the Governor General Mary Simon upon the recommendation of Prime Minister Justin Trudeau, saw Gignac join the ranks of federal parliamentarians as a representative for Quebec. In the Senate, he brings his extensive experience in economics, finance, and provincial governance to the federal legislative process, contributing to the "sober second thought" on legislation and national policy discussions.
Frequently Asked Questions About Clément Gignac
- When was Clément Gignac born?
- Clément Gignac was born on May 7, 1955.
- Which political parties has Clément Gignac been associated with?
- He was a member of the Quebec Liberal Party during his time in the National Assembly of Quebec. His appointment to the Senate of Canada is a federal appointment made on the recommendation of the Prime Minister, and while the Senate is intended to be non-partisan, the recommendation process is political.
- What was Clément Gignac's primary role prior to entering Quebec politics?
- Prior to his election as an MNA, he was the Senior Vice-President, Chief Economist, and Strategist at National Bank Financial for over a decade. He also briefly served as a senior advisor to the Deputy Minister of Finance in Ottawa.
- Which riding did he represent in Quebec's National Assembly?
- He represented the riding of Marguerite-Bourgeoys in the National Assembly of Quebec.
- When was Clément Gignac appointed to the Senate of Canada?
- He was appointed to the Senate of Canada on July 29, 2021.
- Who appointed him to the Senate?
- His appointment was made by the Governor General Mary Simon, acting on the recommendation of Prime Minister Justin Trudeau.
- What significant ministerial role did he hold in the Quebec government?
- He served as the Minister of Economic Development, Innovation and Export Trade in Jean Charest's government.

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