Barton told Parliament in February he had no contact with his former company during his brief time at Global Affairs
An e-mail dated June 17, 2020, from McKinsey & Co. partner Zak Cutler to Annie Ropar, who was a CIB executive at the time, discusses setting up a June 23 call with Mr. Barton, who was in China, and the bank, a Crown corporation created in 2017 aimed at attracting private capital to invest in Canada.
He told MPs that his understanding was that he was taking part in a call with Michael Sabia, who had recently become chair of the CIB, and Mark Wiseman, former CEO of the Canada Pension Plan Investment Board. At a February committee appearance, Mr. Barton had said he was under “extremely strict” rules while ambassador to ensure he was not involved with anything related to his former company.However, a July 2, 2020, document on McKinsey letterhead said: “We recently facilitated two working sessions with leading thinkers in Canadian infrastructure.” The letter said the second session was with Mr. WisemanThe McKinsey summary included direct quotes from Mr.
The council issued several reports with policy recommendations, including that the government should create a Canada Infrastructure Bank.The Globe and Mail has previously reported that while McKinsey received a small number of contracts under the previous Conservative government, the value of its federal contracting had declined to zero in the final years before the 2015 Liberal election victory. After the Liberals formed government, annual spending on McKinsey contracts has climbed steadily.
Mr. Sabia, who has been deputy minister of finance since December, 2020, was briefly chair of the CIB beginning in April, 2020. The next month, the bank awarded a $490,000 contract to McKinsey to provide consulting services that contributed to the bank’s $10-billion growth plan, which was announced later that year. The bank also awarded two contracts to McKinsey in 2018.
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