McKinsey & Company | News

An overview of McKinsey & Company news in Canada:

Auditor general says feds didn’t follow rules on awarding McKinsey contracts The federal government failed to follow procurement rules and was unable to show it got value for money in its contracts to consulting firm McKinsey & Company, according to a report from Auditor Gene
05 June 2024
Federal procurement watchdog finds ‘perception of favoritism’ toward McKinsey A March report from Alexander Jeglic, Canada’s procurement ombudsman, found a “strong perception of favoritism” in its awarding of contracts to consulting firm McKinsey & Company.
18 April 2024
McKinsey partners with generative AI firm Cohere McKinsey & Company has entered a strategic collaboration with Cohere, a Toronto-based developer of enterprise artificial intelligence platforms and large language models (LLMs).
02 August 2023
McKinsey pitched Purdue Pharma Canada on boosting opioid sales in 2014 McKinsey & Company pitched Purdue Pharma (Canada) in 2014 on a plan to increase sales of OxyContin and other opioids in the Canadian market, according to a memo obtained by The Globe and Mail.
20 June 2023
Internal audits of McKinsey federal contracts raise fairness concerns Internal audits released on Friday pertaining to McKinsey & Company’s federal government contracts raised concerns about fairness, transparency, and conflict of interest, but no conclusive evidence o
30 March 2023
Conservatives ask auditor general to investigate Liberals' McKinsey contracts The federal Conservatives has asked the auditor general to investigate the Liberal government’s heavy spending on consulting contracts with McKinsey & Company.
10 February 2023
BDC faces staff backlash over McKinsey contracts, questionable spending Confidential sources speaking with CBC/Radio-Canada have raised concerns over expenses incurred at the Business Development Bank of Canada (BDC) under the leadership of president Isabelle Hudon.
24 January 2023
Quebec government criticized for McKinsey pandemic contracts Coalition Avenir Quebec (CAQ) leader Francois Legault was criticized by rival party leaders on Friday after a Radio-Canada investigation revealed US consultancy McKinsey & Company billed the Quebec g
03 October 2022
Former McKinsey head Dominic Barton to step down as ambassador to China Dominic Barton, the former managing partner of global consultancy McKinsey & Company, has announced he will step down from his role as Canada’s ambassador to China on December 31.
08 December 2021
McKinsey faces class action lawsuit for alleged role in opioid crisis in Canada Sotos Class Actions and Goldblatt Partners have launched a class action lawsuit against consulting firm McKinsey & Company for its role in fueling the opioid epidemic in Canada.
19 October 2021
Auditor general criticizes Ontario's McKinsey-crafted pandemic response structure A scathing report from the province’s auditor general, Bonnie Lysyk, criticized the Ontario government’s pandemic response structure, which is led by political staff instead of medical experts.
27 November 2020
McKinsey Canada alumnus joins Australian bank in executive role National Australia Bank (NAB) has installed a former McKinsey & Company consultant at the head of its largest division.
21 August 2020
Alberta hires McKinsey for review of post-secondary education system The Alberta government has hired consulting firm McKinsey & Company to perform a review of the province’s post-secondary education system. The contract is valued at $3.7 million.
16 June 2020
Democratic hopeful Pete Buttigieg takes heat for McKinsey-Loblaws consulting Pete Buttigieg, mayor of South Bend, Indiana and a candidate in the Democratic primaries, is drawing mild political flak for his consulting stint with premier strategy firm McKinsey & Company, which
17 December 2019
McKinsey & Company invests in Montreal’s Element AI Element AI, a Montreal-based global developer of artificial intelligence software, raised $200 million in a Series B Round of financing.
18 September 2019
Transition to automation holds opportunities for women workers Automation and technological advances could unlock unprecedented opportunities for women in Canada, according to a recent McKinsey & Company study.
12 June 2019
McKinsey's Newfoundland diversification report to be revealed after provincial budget In September 2018, NYC-based strategy firm McKinsey & Company won a $1 million contract to deliver an economic diversification report to the province of Newfoundland and Labrador.
06 February 2019
McKinsey's QuantumBlack launches office in Montreal London-based QuantumBlack, a leading advanced analytics firm acquired by McKinsey & Company in 2015, will be launching its first Canadian office – in the AI and deep learning hub of Montreal, QC.
10 December 2018
McKinsey head Dominic Barton named Chancellor of University of Waterloo Dominic Barton, the head of global strategy consultancy McKinsey and Company, has been selected as the University of Waterloo’s 11th chancellor.
27 June 2018
Workplace gender disparity costs Canadian economy $160 billion A new study finds that Canada could add up to $160 billion to its economy by increasing female participation, sectoral mix, and working hours.
19 September 2017

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