What stands tall first took root.
An international boutique advisory firm, firmly rooted in Québec, that carries out a significant share of its mandates elsewhere in the world.
“We were planting trees knowing they would outlive us.”
On both sides of the table.
Our team brings together seasoned professionals who have held senior positions both within financial institutions and at major enterprises.
Who we are
Borealys Advisory is an international boutique advisory firm specialized in strategy, finance, and transformation, serving financial institutions and small and medium-sized enterprises. Firmly rooted and active in Québec, Canada, we carry out a significant share of our mandates internationally. This double anchoring isn’t a sales pitch: it’s what lets us recognize, in a file from Sherbrooke as much as one from Tunis, what belongs to context and what belongs to the craft.
Our vision
Like the tree that connects its roots to the light in order to grow, we want to be the trunk that unites and strengthens trust between financial institutions and SMEs. Alongside leaders, we shape the future and design strategic and financial solutions that create value built to last, here and elsewhere in the world.


What connects matters as much as what grows.
Borealys acts as the living network of the boreal forest: we connect financial institutions and SMEs to turn ambitions into growth, with the rigor and resilience of our northern signature, in Québec and internationally.
Financial institutions
Banks, microfinance institutions, insurers, development lenders, and development finance institutions.
Borealys
The link: methodology, products, governance, and implementation, on both sides of the table.
SMEs & businesses
Share-capital companies, cooperatives, and collective enterprises, growing or transforming.
Six commitments, kept or not at all.
What sets us apart: committed talent that, together, consistently exceeds expectations, driven by the rigor, care, and resilience of our northern signature.
Results-oriented
Advice that turns into decisions, and decisions that turn into concrete, measurable results.
Trust
A lasting relationship, patiently built on reliability, discretion, and honoring our commitments.
Integrity and transparency
Independent opinions, clear communication with no gray areas, even when it’s uncomfortable.
Excellence
Methodical rigor, marked by quality and discipline, backed by data, best practices, and experience.
Cooperation
Collective intelligence in the service of your projects, bringing stakeholders together around shared goals.
Innovation
Turning every constraint into an opportunity to invent a better way forward, in service of measurable results.
Expertise that knows the ground.
Credible senior advisors, mobilized according to each mandate’s needs, each with their own focus.

Francois Rancourt
Managing Partner
SME banking, risk management, strategy, management and finance.
Focus: FIs and SMEs.

Annik Giguère
Partner, Project Management
Field work, implementation and backstopping.
Focus: FIs and SMEs.

Nancy Hammond
Senior Advisor
Strategy, banking, gender and insurance.
Focus: FIs and SMEs.

Mehdi Mahmoudi
Senior Advisor
Digitalization of FIs and SMEs. Based in Tunisia.
Focus: FIs and SMEs.
Two anchors, one standard.
The firm works from Sherbrooke and Tunis, in French, English, and Arabic. Proximity to the ground matters as much as the rigor of international standards.
Grow your expertise in an ecosystem where every talent strengthens the whole.
We work with a pool of pre-qualified experts, mobilized according to mandate needs. Submit your profile: we’ll reach out when a mandate matches it.
Demanding organizations, here and abroad.
Development lenders, central banks, commercial banks, microfinance institutions, and collective enterprises.



