Leslyn Lewis at the Transport, Infrastructure and Communities Committee

On May 9th, 2023. See this statement in context.

May 9th, 2023 / 12:10 p.m.

Conservative

Leslyn Lewis Conservative Haldimand—Norfolk, ON

Thank you.

My next question is for Mr. Cory.

I will turn back to your letter of the contracts. The CIB entered into a contract in April 2020 with McKinsey and on page 3 of your letter you say that “McKinsey & Company was retained in May 2020 to provide strategic advice to inform strategic planning in response to the coronavirus pandemic and”, to paraphrase this, the transition to net zero.

Further down in your letter, you also stated that strategic advisory services were provided and that these services informed the CIB's three-year, $10-billion growth plan that was announced in 2020.

So, essentially, McKinsey gave the Infrastructure Bank the strategic advice for the creation of the $10-billion growth plan. Is that correct?

See context to find out what was said next.