ESPaDOnS is a new-generation cross-dispersed echelle spectropolarimeter, the commissioning phase of which is scheduled at the Canada-France-Hawaii Telescope (CFHT) for spring 2004. This instrument will provide full coverage of the optical domain (370 nm to 1,000 nm) in all polarization states (circular and linear) at a resolving power of about 70,000, with a peak efficiency of 20% (telescope and detector included). It includes a bench-mounted spectrograph, fiber-fed from a Cassegrain-mounted module including all polarimetric and calibration facilities. ESPaDOnS should be the most powerful tool dedicated to stellar spectropolarimetry, therefore opening unprecedented perspectives for major issues of stellar physics, from studies of stellar interiors to investigations of stellar atmospheres, stellar surfaces, stellar magnetic fields, and to observations of circumstellar environments and extra-solar planets.