Quebecor, Fondation Chopin-Péladeau donate $40M to Université de Montréal

MONTRÉAL — Quebecor president and CEO Pierre Karl Péladeau (above, left) and the Université de Montréal’s (UdeM) rector Daniel Jutras (right) announced today a $40 million donation that will be used to create a new training program and innovation hub at the university to support entrepreneurship in Quebec. The donation, which is coming in equal parts from Quebecor and the Fondation Chopin-Péladeau, “reflects Mr. Péladeau’s desire to actively contribute to the development of the next generation of Quebec entrepreneurs,” reads a press release. The Fondation Chopin-Péladeau is a private family foundation named after Péladeau’s parents, Raymonde Chopin and Pierre Péladeau, Quebecor’s founder. Pierre...