Hudon, formerly Canada’s ambassador to France, was appointed head of the crown corporation by Prime Minister Justin Trudeau in 2021. The sources – who either work at the BDC or recently left the crown corporation – highlighted contracts awarded to consulting firm McKinsey & Company as well as questionable spending on events and transportation. McKinsey was awarded a $2.8 million contract for the BDC review in August 2021 and a $2.1-million extension in June 2022. Radio-Canada’s sources say the decision was met with frustration by BDC employees, who had completed similar strategic exercises before Hudon’s arrival. BDC employees also criticized certain spending choices under Hudon, including a $320,000 “outreach event” that was streamed to thousands of BDC employees across the country.

Source: CBC News January 24, 2023 11:04 UTC