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March 29th, 2023Committee meeting

Robert Palter

Government Operations committee  McKinsey doesn't have an hourly rate. We're actually only allowed to charge on firm fixed-price contracts.

March 29th, 2023Committee meeting

Robert Palter

Government Operations committee  Again, we price on the basis of deliverables and every engagement is different.

March 29th, 2023Committee meeting

Robert Palter

Government Operations committee  Again, our pricing, according to the procurement rules of the federal government, is firm fixed-priced contracts. We are paid on the basis of delivering the deliverables stipulated in the contract at a price agreed to by a competitive process.

March 29th, 2023Committee meeting

Robert Palter

Government Operations committee  Thank you for the opportunity. As I said, McKinsey is an ethical company. Part of being an ethical company, as I alluded to, is that we acknowledge we've made mistakes and we've learned from them. I think the consequence of that is that we have made dramatic changes in our firm over the last 10 years in relation to ensuring compliance with all policies and all procedures for all of our clients, everywhere, around the world.

March 29th, 2023Committee meeting

Robert Palter

Government Operations committee  Is that a question about contracts with the federal government or...?

March 29th, 2023Committee meeting

Robert Palter

Government Operations committee  I don't know the specifics of that email. I'm not entirely sure where it came from.

March 29th, 2023Committee meeting

Robert Palter

Government Operations committee  It hasn't been involved in staffing...?

March 29th, 2023Committee meeting

Robert Palter

Government Operations committee  To the best of my knowledge, that is correct.

March 29th, 2023Committee meeting

Robert Palter

Government Operations committee  As I said, I don't know the specifics of that situation. My best interpretation of that is the development of the plan, working together with Canada Post....

March 29th, 2023Committee meeting

Robert Palter

Government Operations committee  McKinsey takes paying taxes in all the jurisdictions in which it operates very seriously. We pay taxes in all the jurisdictions in which we operate and—

March 29th, 2023Committee meeting

Robert Palter

Government Operations committee  Mr. Chair, I'm here to talk about our work with the Government of Canada. To the best of my knowledge, all of our locations are listed—

March 29th, 2023Committee meeting

Robert Palter

Government Operations committee  To the best of my knowledge, all of our locations are listed on our website.

March 29th, 2023Committee meeting

Robert Palter

Government Operations committee  Let me start by restating this: McKinsey is an ethical company.

March 29th, 2023Committee meeting

Robert Palter

Government Operations committee  McKinsey is an ethical company. I wake up every day knowing it's an ethical company. I know the 1,100 people who work in Canada know it's an ethical company—

March 29th, 2023Committee meeting

Robert Palter