La Capitale, Esteemed Partner of the Quebec Foundation for Athletic Excellence, Awards $75,000 in Bursaries to 20 Impressive Students and Student-Athletes

Québec City, May 25, 2016 – Mr. Jean St-Gelais, Chairman of the Board and Chief Executive Officer of La Capitale Financial Group since May 2nd of this year, revealed the names of 20 impressive student-athletes identified by the Quebec Foundation for Athletic Excellence (FAEQ), who will share in $75,000 worth of bursaries in honour of the 7th edition of the La Capitale Financial Group Bursary Program.

Three types of bursaries were awarded: 8 Academic Excellence Bursaries to honour notable academic results; 11   Academic and Athletic Support Bursaries that foster the balancing of sport and study – a sizeable challenge for high-performance athletes; and 1 University Recruitment Bursary which encourages a high-performing student-athlete to pursue their athletic career in a Quebec-based university.

Among those who have previously benefited from the bursary program are numerous athletes who will represent Canada this summer at the Rio 2016 Olympic Games, including: Marie-Ève Beauchemin-Nadeau (Weightlighting), Katerine Savard (Swimming), Cindy Ouellet (Wheelchair Basketball), and Joseph Polossifakis (Fencing).

“La Capitale Financial Group is very proud to contribute once again to the development of young student-athletes here in Quebec. Our commitment, in association with the Foundation, ensures that La Capitale supports our society’s next generation in a tangible way. Congratulations to bursary recipients for the dedication and commitment they demonstrate in both school and sports; truly, they are inspirational!” added Mr. St-Gelais.

FAEQ President Mr. Claude Chagnon thanked La Capitale Financial Group for their support over the past seven years, and highlighted their loyalty and generosity to the Foundation. “La Capitale has long understood the importance of supporting student-athletes who have succeeded internationally, and they also understand that supporting less well-known, less funded, aspiring athletes is paramount. Support from La Capitale and the Foundation enables these young athletes to fulfil their athletic dreams while ensuring their academic success. Now more than ever, La Capitale and the Foundation are united together to support the academic, athletic, and personal achievement of Quebec’s student-athletes,” concluded Mr. Chagnon.

La Capitale Financial Group 2016 Bursary Program

List of 20 Recipients:


About La Capitale Financial Group

Since its inception in 1940, La Capitale Financial Group has been a presence in Québec and the rest of Canada. With more than 2 690 employees, the company adheres to the values of mutual aid and solidarity, in order to assist its clients to build, protect, and value their essential financial security. La Capitale offers insurance products and financial services to the general population, and also to administrative personal in the Quebec public service. With assets of 5.8 billion dollars, La Capitale is at the forefront of Canada’s insurance market. Given the important social and economic role La Capitale plays, it is proud to contribute to the progress and well-being of the entire community through its La Capitale Financial Group Foundation.

About the Quebec Foundation for Athletic Excellence: UNITED for SUCCESS

The Foundation is unique thanks to its personal approach, diligent management, and influential role in the realm of sport and education. With a new five-year plan from 2015 to 2020, the Foundation’s primary goal is to increase by 35% the annual amount in bursary funds, and the annual number of bursary recipients. This year, 1,2 million dollars will be distributed to more than 425 students and student-athletes. The Foundation’s bursaries reward: academic excellence, encourage the balancing of high performance sport and academics, highlight leadership, recognize perseverance, and foster university recruitment. The FAEQ is moved to action by a genuine desire to unite with former bursary recipients and sponsors for the success of current bursary recipients, thereby making a difference in their academic, athletic, and/or personal development. Visit the Foundation’s web site at and “Like” its Facebook page at: FAEQ – Fondation de l’athlète d’excellence du Québec.

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La Capitale, Esteemed Partner of the Quebec Foundation for Athletic Excellence, Awards $75,000 in Bursaries to 20 Impressive Students and Student-Athletes