BorealysAdvisory
About

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.
Our story

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.

The underground network

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.

Our values

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.

01

Results-oriented

Advice that turns into decisions, and decisions that turn into concrete, measurable results.

02

Trust

A lasting relationship, patiently built on reliability, discretion, and honoring our commitments.

03

Integrity and transparency

Independent opinions, clear communication with no gray areas, even when it’s uncomfortable.

04

Excellence

Methodical rigor, marked by quality and discipline, backed by data, best practices, and experience.

05

Cooperation

Collective intelligence in the service of your projects, bringing stakeholders together around shared goals.

06

Innovation

Turning every constraint into an opportunity to invent a better way forward, in service of measurable results.

Team

Expertise that knows the ground.

Credible senior advisors, mobilized according to each mandate’s needs, each with their own focus.

Francois Rancourt

Francois Rancourt

Managing Partner

SME banking, risk management, strategy, management and finance.

Focus: FIs and SMEs.

Annik Giguère

Annik Giguère

Partner, Project Management

Field work, implementation and backstopping.

Focus: FIs and SMEs.

Nancy Hammond

Nancy Hammond

Senior Advisor

Strategy, banking, gender and insurance.

Focus: FIs and SMEs.

Mehdi Mahmoudi

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.

Our network

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.

Join Borealys
Cross-cutting expertise

Demanding organizations, here and abroad.

Development lenders, central banks, commercial banks, microfinance institutions, and collective enterprises.

  • IFC
  • Desjardins Développement international
  • Frankfurt School of Finance & Management
  • Banque Populaire
  • BIAT