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February 8th, 2023Committee meeting

Isabelle Hudon

Government Operations committee  Using an external firm was the right decision at that time for several reasons. The component covering current activities for all BDC employees was already quite a burden. Being able to have access to additional data, expertise and knowledge to address internal requirements was, at that particular time, the right decision to make.

February 8th, 2023Committee meeting

Isabelle Hudon

Government Operations committee  I met Mr. Dominic Barton for the first time in 2019.

February 8th, 2023Committee meeting

Isabelle Hudon

Government Operations committee  The goal of the strategic review was to help us...or not help us, but for us to be able to understand what the future would be for our SMEs in Canada, and especially how a development bank, such as BDC, could play a greater role to support our SME ecosystem. It was really to go onward and forward and to better understand what we would need to do differently, more or less, to be the real development bank that BDC has been for the last 78 years.

February 8th, 2023Committee meeting

Isabelle Hudon

Government Operations committee  I am, to this date, very satisfied with the process. I say this because, of course, McKinsey brought some deep understanding of our sector capacity around analytical skills. I was also very pleased with the process, because more than 400 of my colleagues embarked on the journey along with the executive team and the board of directors.

February 8th, 2023Committee meeting

Isabelle Hudon

Government Operations committee  I cannot compare, as I joined in 2021, but as I referred to in my opening statement, BDC Capital was able.... The vision around BDC Capital 11 years ago is very much comparable to the quality of what was delivered in 2021. The secret is how you deliver on the strategy.

February 8th, 2023Committee meeting

Isabelle Hudon

Government Operations committee  I think I'm known and renowned to be passionate about gender parity and seeing more women in key roles having success and reaching success. For now, we have a bit more than 10% of our portfolio that is supporting underserved clientele, including women. You have probably seen in the last year that we have announced a Thrive platform.

February 8th, 2023Committee meeting

Isabelle Hudon

Government Operations committee  That's another big success for BDC. BDC Capital launched the first clean-tech fund five years ago. We have just renewed a second fund, the climate fund, with $400 million. We have now invested up to $1 billion in the clean-tech sector in Canada.

February 8th, 2023Committee meeting

Isabelle Hudon

February 8th, 2023Committee meeting

Isabelle Hudon

Government Operations committee  We discussed the idea together, by which I mean the members of the board of directors and me. First of all, when I joined the organization, the team had just undergone an 18 month period during the pandemic, and as I said, the team wanted to be able to continue to provide services…

February 8th, 2023Committee meeting

Isabelle Hudon

Government Operations committee  With respect to those who were in disagreement, I heard about them as you did. However, since my arrival, we've gained some additional support in terms of employee engagement. Prior to my arrival, the level of employee engagement was 86%, and it is now 88%. But I will admit that there are those who are who are unhappy about it.

February 8th, 2023Committee meeting

Isabelle Hudon

Government Operations committee  … the exercise…

February 8th, 2023Committee meeting

Isabelle Hudon

February 8th, 2023Committee meeting

Isabelle Hudon

Government Operations committee  They took part in the strategic review exercise.

February 8th, 2023Committee meeting

Isabelle Hudon

Government Operations committee  Seven members of my team…

February 8th, 2023Committee meeting

Isabelle Hudon