Irek Kusmierczyk at the Government Operations and Estimates Committee

On February 1st, 2023. See this statement in context.

February 1st, 2023 / 5:50 p.m.

Liberal

Irek Kusmierczyk Liberal Windsor—Tecumseh, ON

Thank you, Mr. Chair and Mr. Barton.

I want to pick up on a comment by the colleague beside me and an observation he brought forward about the comparative value of contracts that McKinsey has with the Government of Canada.

In your last full year as the head of McKinsey in 2018, the value of federal contracts with McKinsey was $3 million. Again, compare that to the $10 billion that McKinsey brings in globally.

The Library of Parliament, in its report analysis, looked at consulting contracts for the big six consulting companies: Ernst & Young, KPMG, Accenture, PricewaterhouseCoopers and Deloitte. When you look at the value of the contracts from 2005 to 2022, the value of the McKinsey contracts is about 3%, so the value of the McKinsey contracts is dwarfed by the contracts that are provided to Deloitte, Accenture and PricewaterhouseCoopers.

Can you speak to why that is and why, for example, other consulting companies are providing services on a much greater scale than McKinsey?

See context to find out what was said next.