After leaving politics, Faulkner joined Alcan as Vice President. In 1983 he was appointed Managing Director of all Alcan operations in India and Sri Lanka. In 1987 he was appointed President Alcan SA Europe. In 1990 he joined Swiss industrialist Stephan Schmiheiny to form the Business Council for Sustainable Development, Geneva. In 1995 he formed the development NGO Sustainable Project Management to undertake urban infrastructure projects in the developing world. In 1990 he bought the vineyard Domaine de Grand Cros, Provence, France which he and his family operate. He died in Chateau d'Oex, Switzerland after complications from surgery on April 18, 2016.[2]
1The department was eliminated in 1993 when the government was reorganized. The position of Secretary of State for Canada was not legally eliminated until 1996 when its remaining responsibilities were assigned to other cabinet positions and departments, particularly the newly created position of Minister of Canadian Heritage.