Quebecor Fund is registered with Industry Canada as a non-profit organization and independent company governed by a Board of Directors, and is managed by one of the Directors specifically designated by the Board. The latter, comprised of six (6) members from the communications industry, is independent from the Fund. All Board members are Canadians and a maximum of one third of the total number of Directors are from a Canadian broadcasting distribution undertaking (BDU). Representatives from BDUs therefore hold no more than a third of the voting rights during assemblies. All decisions taken by the Board are done so based on a majority vote. In case of an equal number of votes, the President will abstain from voting.

The Board of Directors ensures that all contributions are put towards financing television programs supported by Quebecor Fund by requiring the necessary documentation in its agreements with applicants. The Board bears sole and exclusive responsibility for its decisions regarding financing, which are final and without appeal. The Board ensures that all requests for financial contribution are evaluated objectively, according to methods similar to those used by the CFL. Its evaluation grids and methods will be revised occasionally to resemble those commonly used in the industry. The Board oversees the implementation of its financing decisions and ensures a follow-up by requesting all appropriate reports from beneficiaries.

The members of the Board are the following:

Serge Thibaudeau, President and General Manager, Administrator
Franklin Delaney, Chairman of the Board, Administrator
François Champagne, Secretary-Treasurer, Administrator
J. Serge Sasseville, Administrator
Édouard G. Trépanier, Administrator