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Tuesday, May 24, 2016

Only time will tell but a good start

Meet the man who will help draw the blueprint for Canada’s economic future

MONTREAL — For Dominic Barton, the invitation to apply his decades worth of experience as an international economic fixer at home was a "duty" he didn't want to pass up.
The global managing director of consulting firm McKinsey & Co. has taken the role as chair of Finance Minister Bill Morneau's council of economic advisers. The group will help Ottawa find ways to inject some life into the country's sagging growth.
Barton, a Canadian based in London, is a sought-after expert who travels the world helping presidents, governments and big corporations with economic strategy.
In the past, he said he has been invited to offer advice to Ottawa over the years, but never to this degree.
"It's a duty, in my view, to do it," Barton, who was born in Uganda and raised in British Columbia, told The Canadian Press in an interview.
"The only thing I feel is pressure. We'd better come up with something."
Each of the 14 council members, including Barton, will earn $1 per year plus travel expenses for their efforts. The group, which held its first meeting Monday near Ottawa, is tasked with helping the country shape a long-term economic plan.
It's the kind of expertise Barton has honed at his day job.
The Rhodes scholar has spent 30 years at McKinsey, which advises some of the world's most-powerful corporations and political leaders. He has been at the helm of the firm since 2009.

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