Wednesday, January 25, 2023

Exhorbitant NDPLiberal expenses and contract lessons learned? Nope on a rope


"... The Business Development Bank is a 75-year-old Crown Corporation that provides venture capital to small and mid-sized Canadian entrepreneurs. Reporting this week by the CBC found that as soon as Trudeau appointee Isabelle Hudon took charge of the BDC in 2021, one of her first orders of business was to hire McKinsey on a $5-million contract to completely remake the bank “from scratch.” 

Hudon was also found to have incurred exorbitant expenses, such as a $320,000 event held for only a few dozen employees to mark the “new chapter” of her leadership. She also insisted on travelling with her own driver, adding thousands of dollars in costs to otherwise routine trips..."

https://nationalpost.com/opinion/bdc-trudeau-mckinsey

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