Graduated from Université du Québec à Montréal in 1973, Michel Ré joined the same year Business Development Bank of Canada (known then as Industrial Development Bank). During his 33 years career, he held various management positions across Quebec and in 1993 he got some national responsibilities. He was then asked to create and manage a national subordinate financing team while gradually taking over the venture capital team responsibilities.
Under his leadership, BDC became an important actor in the SMEs investment industry. The institution has played an important role in seed financing, fund investing, and subordinate financing as well as in the venture capital industry. Retired since 2006, his last position was Executive Vice-President, Investment in charge of 70 professionals and more than a billion dollars in assets.
Michel Ré was on the Reseau Capital board of directors for 4 years and president of the association in 1998-19999. He was involved in the launch and organisation of the Sommet Capital 2000 and he is still one of the directors. He sat also on the Canadian Venture Capital Association board of directors for 6 years of which two years as a member of the Executive Committee.
Following his retirement, he accepted to seat on the board of an economic development agency managing two investment funds and to act occasionally as consultant in Canada and abroad always in view of supporting entrepreneurs