This is a quote from Bill Morneau's book. “A month later, I revealed that Dominic Barton, one of Canada's most insightful and successful international business people, would serve as chair of the council. The council itself would be made up of 14 Canadian and international leaders from business and academia, including Mark Wiseman, Susan Fortier, Michael Sabia, Lisa Linn and Chris Rogan. Thanks to Dominic's role as CEO of McKinsey & Company, the global management consulting firm would assist the council and assess our current situation and future scenarios, as well as drafting recommendations. I also note that all the members of the council would perform their services for an annual salary of $1 each. McKinsey committed to supporting us on a pro bono basis, working closely with the Department of Finance in what turned out to be a particularly effective partnership.”
This is another quote from Where To from Here: A Path to Canadian Prosperity, written by Bill Morneau: “We developed a number of good ideas and concepts. They included setting immigration targets and expanding the number of scientists available to work on the new developments that could either support existing economic activities or inspire new ones.”
Mr. Barton, McKinsey & Company provided the work on the economic advisory panel, of which you were chair, all pro bono, as you know. If McKinsey were to have invoiced the Government of Canada for that work, how much would they have charged?