Tag: Canada Infrastructure Bank

‘Seems a Bit Incestuous’: Bloc MP Raises Concerns About Links Between Advisory Council and Infrastructure Bank

A Bloc Québécois MP raised concerns about potential conflicts of interest with regard to some links between the former federal government’s Advisory Council on Economic Growth and the crown corporation Canada Infrastructure Bank, with consulting firm McKinsey straddling the two. The House of Commons committee on infrastructure has been studying the role of McKinsey in…


Opposition Parties Push to Summon Witnesses Over McKinsey and Canada Infrastructure Bank Links

Opposition MPs on a committee pressed on May 2 to summon witnesses to appear at their study of consulting firm McKinsey’s role in the creation of the Canadian Infrastructure Bank, but a fiery exchange and a long debate prevented any resolution or even hearing the witnesses on deck. Liberal MP Jennifer O’Connell said the Tories…


McKinsey’s Links to Canada Infrastructure Bank Probed in Commons Committee

The House of Commons government operations committee continued its study of contracts awarded to multinational consulting firm McKinsey on Feb. 6, with testimony from the head of a crown corporation inspired in part by the former head of McKinsey and who is also himself a former McKinsey partner. Ehren Cory, CEO of the Canadian Infrastructure…


Liberal Government Rejects Committee Recommendation to Scrap Infrastructure Bank

The Canada Infrastructure Bank is here to stay, according to a Sept. 14 letter issued by Minister of Infrastructure Dominic Leblanc in response to a House committee recommendation calling for its disbandment The transport committee had tabled a report on May 2 calling for the bank to be abolished. The government “strongly disagrees with the recommendation,” wrote Leblanc in…


Abolish the Canada Infrastructure Bank, House Committee Tells Government

A House of Commons committee studying the work of the Canada Infrastructure Bank (CIB) issued a single recommendation to the government in its report tabled on May 2: abolish it. To justify the recommendation, the report quotes witnesses that testified over the course of five meetings held by the Standing Committee on Transport, Infrastructure and…


Canada Infrastructure Bank Part of Larger Program Failing to Make the Grade

Analysis of Canada’s multibillion-dollar infrastructure spending initiative is raising a ton of red flags.