David J Stenason

Desautels Global Expert; Founder & Managing Director, Rempart Asset Management



Prior to graduating with an MBA from McGill in 1980, David obtained his BA at Western University. He is also a CFA.

David began his working career in 1980 with Gulf Canada Ltd., one of Canada’s largest integrated oil and gas companies at the time. He worked in the company’s head office Financial Accounting and Financial Planning departments before moving on to the downstream refining and marketing operations, and then a stint with the Marine and Pipeline operations.

In late 1985, David joined Levesque Beaubien, a Montreal based investment dealer, as an equities analyst. During his years there, he covered Canadian public companies in the pipeline, utilities and energy sectors. He also served as the Acting Research Director for the firm in 1990 and 1991. He then moved on to CIBC Wood Gundy where he was Managing Director and continued to perform oil and gas equity research. This was followed by similar stints at Gordon Capital and Scotia Capital.

David was a founding board director of Canadian Hydro Developers Inc. in 1989, which grew to become Canada’s largest publicly traded renewable energy (hydro, wind and biomass) firm. It was sold to TransAlta in 2009. David has also served as a director on the boards of CanScot Resources Inc., Greenfield Resources Inc., and Whitemud Resources.

David has been involved as a volunteer in several “not for profit” enterprises, serving as Chairman of the Board of Bishop’s College School, Chairman of the ECS Foundation, Chairman of the MAB-Mackay Foundation, as a member of the Investment Committee for Western University’s endowment funds, and as the Treasurer on the board of his Montréal area golf club.

In early 2003, David helped found the firm now known as Rempart Asset Management. He is the Managing Director of the firm, a portfolio manager and Chief Compliance Officer. Rempart is headquartered in Montreal and provides investment portfolio management services for both individuals and endowment funds.

David is married to Cheryl (also a McGill MBA ’80 graduate) and together they have three adult children.

Specialization by geographical area: 
Desautels Global Experts
Investment Management