Ferrante, a chartered accountant, is currently the firm’s vice-president of finance. He succeeds Alain Tanguay, who is leaving the for ‘personal reasons’.
"Peter has been a key member of our finance staff for nearly 10 years and is highly qualified to assume the position of CFO," said Marc Bertrand, president and CEO.
"Given his intimate knowledge of the corporation's business and financial affairs, this will be a smooth transition for all stakeholders.
"Alain served the corporation with dedication and professionalism for over a decade and we wish him well in his future endeavors."