(Quebec) The leader of the Liberal Party of Quebec, Dominique Anglade, is counting on the expertise of financier Frédéric Beauchemin to preserve the fortified castle of Marguerite-Bourgeoys, left empty after the departure of former minister Hélène David.
Posted at 5:00 am
Frédéric Beauchemin, former managing director and head of capital markets at Scotiabank, will stand for Marguerite-Bourgeoys in October’s general election. The 57-year-old man is well known to Liberals for having been an activist within the formation and for wearing the colors of the Liberal Party of Canada in the 2019 election in Terrebonne.
He finished second behind Bloc Québécois Michel Boudrias with 29.26% of the vote. “It was a human experience,” starts the man who left Scotiabank in 2019. Now he wants to make the leap into provincial politics with Dominique Anglade’s troops, a level “closer to him,” he says. He will try his luck in a Safe Riding, which has belonged to the Liberals since its inception in 1966.
Hélène David won her seat in 2018 with a strong majority (53.4% of the vote) over her opponent from the Coalition avenir Québec. Former Minister Robert Poëti represented the Marguerite-Bourgeoys constituency from 2012 to 2018.
Mr Beauchemin will be part of the “business team” that the Liberal leader will present in the autumn. The candidate says he has worked in the “Canadian business world” for thirty years. During his 10 years as an executive at Scotiabank, he was responsible for business development with corporate, government and financial institutions.
Frédéric Beauchemin claims to have been seduced by the “ECO project” launched by Dominique Anglade last November, which aims, among other things, to nationalize green hydrogen. ” There is a top up [une montée en puissance] about green hydrogen […] 2030, 2035 seems to be the period when players will have been quite determined [sur le marché]so now we have a window, we’re solid in that,” he explains.
“We’re being spoiled in Quebec, we’ve got hydroelectric power, we’ve got water, we’re capable of building the infrastructure that this project will develop,” he believes.
He says he’s entering politics out of “conviction” as the party struggles to move the polling needle six months before the election. The Liberals are particularly open to criticism as two political groups defending English-speaking communities have emerged over the past month.
Departures and Arrivals
Dominique Anglade confirmed on Wednesday the candidacy of the mayor of Saint-Flavien and prefect of the MRC de Lotbinière, Normand Côté, in Lotbinière-Frontenac. In a sign that the election is upon us, the Liberal leader is set to release several candidate announcements over the next few days.
Several constituencies have recently been left vacant by veterans, such as Marguerite-Bourgeoys, where Hélène David confirmed she would not seek a new mandate and would make way for new blood.
Liberal MNAs Monique Sauvé, Nicole Ménard, Jean Roussel and Christine St-Pierre have announced in recent weeks that they will not stand for re-election in October. These departures come on top of those of Francine Charbonneau, Gaétan Barrette and Lise Thériault, who made their decision public ahead of the holidays last year. Kathleen Weil, Pierre Arcand and Carlos Leitão always let suspense hang over their political futures.