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L.Jacques Ménard

Great Montrealer
2009, economic category

L. Jacques Ménard was the Chairman of BMO Nesbitt Burns, one of the country’s leading investment firms. He was also President of BMO Financial Group. As such, he overseen the activities of BMO Bank of Montreal, its subsidiaries, and its more than 170 branches and 5,000 employees in Quebec.

Jacques Ménard was a director at Claridge Inc., the Montreal Heart Institute, the Montréal Symphony Orchestra, and the Montréal Alouettes. He was also a member of the Advisory Board of the Institute of Corporate Directors (Quebec chapter) and a Board Associate of Canadian Policy Research Networks Inc. and he sat on the International Advisory Board of HEC Montréal, the Advisory Board of Glendon College at York University and the Board of Directors of the Macdonald Stewart Foundation.

In June 2009, Jacques Ménard joined the Task Force on Financial Literacy as Co-Chair. This group was established to help create a coherent national strategy. Their recommendations will support initiatives to improve the financial literacy of all Canadians.

Jacques Ménard chaired the Task Force on the Sustainability of the Quebec Health Care and Social Services System, established by the Quebec government in December 2004 to identify the funding needs for health and social services in Quebec in the coming years and decades and to propose appropriate measures.

He published his first book in 2008, Si on s’y mettait…, which outlined a series of proposals to ensure Quebec’s future growth. In the wake of this book, he established the Groupe d’action sur la persévérance et la réussite scolaires, comprised of 28 representatives from various fields – Quebec government, business community and organizations related to school perseverance – which released its action plan Savoir pour pouvoir in March 2009. Jacques Ménard subsequently published a book on the topic of high school perseverance Beyond the Numbers… a Matter of the Heart.

Jacques Ménard was one of the four recipients of the annual Public Policy Forum Testimonial Awards in 2009. He is a graduate of the University of Western Ontario (M.B.A. 1970), Loyola College of Montréal (B. Comm. Hon. Econ. 1967) and Collège Ste-Marie (B.A. 1966). He is an Officer of the Order of Canada.

L. Jacques Ménard was inducted into the Academy of Great Montrealers in the Economic category in 2009 and was named a Commander of the Ordre de Montréal in 2016. He died in 2020.

Source: Board of Trade of Metropolitan Montreal

The picture and biographical information appearing on this page were current at the time this person was admitted to the Academy of Great Montrealers.