Canadian MP Calls for McKinsey Ban Over US Tariff Analysis
McKinsey & Company faces renewed calls for its exclusion from Canadian government contracts after producing an analysis supporting US tariffs against Canada.
The US White House cited McKinsey’s 2024 analysis claiming tariffs would strengthen the American economy by reducing competition for US producers. The analysis supported imposing 25% tariffs on Canadian goods and 10% on Canadian energy exports.
Conservative MP Adam Chambers said McKinsey’s work justifying tariffs “should automatically disqualify it from any contracts with Canadian fed/prov governments.”
This follows previous scrutiny of McKinsey’s expanding influence in Ottawa. The firm has received at least $116.8 million ($86.9 million) in federal contracts since 2015, according to government data.
Former Finance Minister Chrystia Freeland previously admitted that she and Prime Minister Justin Trudeau have a “personal connection” with Dominic Barton, former Global Managing Director of the New York-based consulting firm.
In 2023, despite concerns over McKinsey’s global track record including its role in the US opioid crisis, Canadian procurement officials said they couldn’t bar the firm without criminal convictions.
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