EDC's Contracts with Accenture Set to Surpass $1 Billion Amid Criticism

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EDC's Contracts with Accenture Set to Surpass $1 Billion Amid Criticism
Export Development CanadaAccenture IncCanada Emergency Business Account
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Export Development Canada's contracts with international consultancy Accenture Inc. are expected to exceed $1-billion, leading to concerns over contract size and focus on a single provider following a critical Auditor-General report on the Canada Emergency Business Account program.

Export Development Canada ’s contracts with international consultancy Accenture Inc . are set to jump to more than $1-billion, according to newly obtained records, raising concerns about the size of the deals and the narrow focus on one provider in the wake of a critical report by the federal Auditor-General .

Records obtained under access to information law show the relationship between EDC and Accenture goes far beyond just the CEBA program, and that the Crown corporation has dramatically increased its spending on IT contracts in recent years, with the lion’s share of that spending directed to Accenture.

The CEBA contracts were sole-sourced, but Accenture has continued to win contracts put out publicly, too. In June, 2023, EDC signed a multiyear “master service agreement” with Accenture to overhaul all of its IT systems at a total cost of $550-million over five years. All told, if the contracts are paid in full, the committed and planned spending amounts to more than $1-billion in contracts for Accenture, an international firm headquartered in Dublin that has more than 600 subsidiaries worldwide. Some of the work done for EDC has been carried out in those subsidiaries; for example, The GlobeAccenture declined to comment for this story.

EDC executives, including chief executive officer Mairead Lavery, appeared at a parliamentary committee Wednesday night to answer questions from MPs about Accenture’s work on CEBA.

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Export Development Canada Accenture Inc Canada Emergency Business Account Auditor-General Contract Management

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