Canada Mortgage and Housing Corporation has agreed a contract with consulting agency Accenture to outsource several IT functions. According to those affected by the contract, many jobs at the agency will go as it removes the current IT sector, though some will be offered a place with Accenture to continue work under a new employer. CMHC said that the move “will help them become more agile, reduce risk and serve clients better”. Accenture were chosen after a 10-month procurement process to support the “technology transformation” and manage the IT operations of the agency.

For weekly news updates, subscribe to our email newsletter.

Related news: Insurance Tech Sector Gaining Investment