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In 2011, he cofounded (with François Legault) a social and economic liberal centre-right political party, Coalition Avenir Québec.

In February 2009, Sirois became the chair of CIBC.

Sirois is probably best known within investment circles for his disastrous purchase of U.S.-based Excel Communications in 1998. Excel, which was a reseller of residential long-distance services, relied on door-to-door sales and so-called multi-level marketing. While Sirois was able to sell Teleglobe to Bell Canada in 2000 at a handsome price of $6.5 billion, the subsequent bursting of the internet bubble and telecom bust forced Teleglobe into bankruptcy in 2002 and the writedown of $2.1 billion of Excel.

In 1995, he published a book on the information highway entitled "The Medium and the Muse" (ISBN 0-88645-175-2). In his second book, published in June 2000, "Organic Management: Creating a Culture of Innovation" (ISBN 0-00-200053-9), Sirois shares his management philosophy, along with his vision of the new economy.

In 1994, he was made a member of the Order of Canada in recognition for being "a visionary in the area of intercontinental communications". In 1998, he was made a Knight of the National Order of Quebec.

Charles Sirois has experienced significant success in his business career. He is currently a director of the Canadian Imperial Bank of Commerce, Cossette Communication Group and Orchestre Symphonique de Montreal. He led BCE Mobile Communications from 1988 to 1990 as its chairman and CEO. Subsequently, he was chairman and CEO of Teleglobe, the leading provider of international long-distance and broadband services in Canada. He also served as chairman of Telesystem International Wireless, and founded and was chairman of Microcell Telecommunications, a GSM cellular provider in Canada best known for its Fido brand name. He was also a member of the G8 Dot Force, of the National Broadband Task Force, and was a founding member of the Washington-based Global Information Infrastructure Commission (GIIC).

Charles Sirois, CM CQ (born May 22, 1954) is a Canadian businessman. He is the founder, controlling shareholder, chairman and CEO of Telesystem Ltd., a Canadian private equity company. Effective from March 1, 2017, he has been appointed as the CEO and chairman of OnMobile Global Ltd, India