Caisse de Depot Joins Criticism of Air Canada CEO's English-Only Video Statement
Quebec's influential government pension manager, the Caisse de Depot et Placement du Quebec, has publicly criticized Air Canada for releasing a video statement about the deadly LaGuardia Airport collision that was delivered almost entirely in English by CEO Michael Rousseau. This condemnation adds to the growing pressure on Rousseau, who has faced longstanding criticism for his limited French proficiency despite Air Canada's Montreal headquarters and legal obligations to operate in both official languages.
The Controversial Video Statement
Following the tragic collision at New York's LaGuardia Airport on Sunday night involving an Air Canada Express jet that killed both pilots, CEO Michael Rousseau released a video update expressing his "deepest sorrow for everyone affected." The nearly two-minute statement was delivered almost entirely in English, with the only French words being "bonjour" at the beginning and "merci" at the conclusion. While French subtitles were provided, the predominantly English delivery sparked immediate backlash in Quebec.
"There is no doubt that the video should have been in both official languages," stated a Caisse de Depot spokesperson in an email to Bloomberg News that was itself provided in both English and French. The pension fund manager's criticism carries significant weight, not only because it represents one of Air Canada's larger shareholders but also due to its substantial influence within Quebec's corporate and media landscape.
Mounting Political Pressure
The Caisse's condemnation follows similar criticism from prominent political figures. Prime Minister Mark Carney earlier rebuked Rousseau, stating: "We proudly live in a bilingual country and companies like Air Canada particularly have a responsibility to always communicate in both official languages, regardless of the situation." Quebec Premier Francois Legault went further, suggesting the airline executive should resign over the incident.
The timing of the controversy is particularly sensitive given that one of the deceased pilots in the LaGuardia collision was from Quebec. The incident has reignited longstanding concerns about Rousseau's French language capabilities, which have been a persistent issue since his appointment as CEO in 2021.
Historical Context and Corporate Responsibility
This is not the first time Rousseau has faced criticism over language issues. Shortly after becoming CEO in 2021, he delivered a speech to Montreal business leaders almost entirely in English and subsequently expressed pride in having lived in Montreal for over a decade without speaking French, sparking widespread outrage in Quebec. Following that incident, Rousseau apologized and has reportedly taken over 300 hours of French classes according to Air Canada.
Air Canada faces particular scrutiny regarding bilingual communication as the airline is headquartered in Montreal, the business and financial center of Quebec, Canada's only province where French is the majority language. Federal law requires the airline to operate in both of Canada's official languages, making language proficiency at the executive level both a legal and cultural expectation.
Corporate Governance Implications
The Caisse de Depot's criticism carries substantial corporate governance implications. With assets exceeding $517 billion, the pension fund manager's opinions on corporate activities frequently influence company decisions and board actions. Last year, the Caisse's pressure contributed to trucking firm TFI International Inc. reversing its proposed head-office move from Quebec to the United States.
An Air Canada spokesperson confirmed that Rousseau remains in his position, particularly given the ongoing investigation into the LaGuardia incident. The flight involved in the collision was operated by Jazz Aviation LP on behalf of Air Canada Express, the airline's regional service.
The controversy highlights the complex intersection of corporate responsibility, linguistic politics, and executive accountability in Canada's bilingual business environment, particularly for companies with deep roots in Quebec like Air Canada.



