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The Big Story
A story of pipelines, consultants and conflicts of interest
Sep 26, 2024
Discover the intriguing world of government consulting, spotlighting the tensions between McKinsey and its fossil fuel clients. Delve into the hefty contracts awarded for the controversial Trans Mountain pipeline project and the transparency issues surrounding them. Explore the confusing overlaps between clean energy advice and oil dependence. The discussion raises pressing questions about the effectiveness and accountability of government spending in the face of significant budget overruns and potential conflicts of interest.
18:24
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- The Canadian government's significant payments to McKinsey have raised concerns about the efficacy and necessity of these consulting contracts amidst ongoing budget issues.
- McKinsey's conflicting relationships with major fossil fuel companies call into question the integrity of their advice on clean energy policies for the government.
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Overview of McKinsey and Company
McKinsey and Company is a global consulting firm that provides advisory services to various clients, including top corporations and government departments. They offer expertise in diverse areas such as resource management, cost reduction, and public relations, helping organizations improve their efficiency and operations. Recently, questions have been raised regarding the substantial fees paid by the Canadian government to McKinsey, amounting to hundreds of millions for consulting contracts without clear evidence of value or necessity. The Canadian Auditor General's report highlighted concerns about whether these contracts were effectively addressing government needs or merely enriching the consulting firm.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode