List of the Top Management Consulting Firms in Toronto

consulting firms toronto
Leah Naylor
Leah Naylor

Former BCG Recruiter

If you’re looking for a career in management consulting and want to stay in Hogtown, we can help. We’ve put together a comprehensive list of the top management consulting firms with offices in Toronto. Start your research here as you dig into which firms to apply to.

Our list includes:

  • What’s unique about Toronto-based consulting work,
  • Top strategy consulting firms with offices in Toronto,
  • Tier 2 & Big 4 consulting firms with offices in Toronto, and
  • Boutique consulting firms with offices in Toronto.

Let’s get started!

consulting firms toronto people working together

What’s Unique about Toronto-based Consulting Work

Toronto is the consulting hub of Canada and one of the world’s most multicultural cities. 6ix is known as an immensely diverse city, with over 180 languages and dialects spoken here. Consulting firms in Toronto service a very large range of industries, from financial services to natural resources to technology, and Toronto has a strong emphasis on sustainability.


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Top Strategy Consulting Firms in Toronto

McKinsey Toronto

McKinsey Toronto is the largest of their four locations in Canada and is one of the firm’s most diverse offices. In addition to the variety of industries represented, they have a commitment to the Toronto community through board memberships, volunteer engagement teams, and pro bono work. 

McKinsey Toronto works across a range of industries, including:

  • Aerospace & Defense,
  • Capital Projects & Infrastructure,
  • Consumer Packaged Goods,
  • Electric Power & Natural Gas,
  • Financial Services,
  • Media & Entertainment,
  • Metals & Mining,
  • Oil & Gas,
  • Paper & Forest Products,
  • Private Equity & Principal Investors, 
  • Retail, and
  • Technology, Media & Telecommunications

The business functions represented at McKinsey Toronto include:

  • Marketing & Sales,
  • Operations,
  • Organization,
  • Risk,
  • Strategy & Corporate Finance, and
  • Sustainability & Resource Productivity.

Bain Toronto

Bain’s focus is to do high-impact work for their clients while helping the talented people who work for Bain achieve great success. Their Toronto office opened in 1989. They work with Fortune 500, international, and nonprofit organizations across all of Bain’s client industries.

Bain Toronto serves every industry they represent, including:

  • Aerospace and defence,
  • Agribusiness,
  • Airline and transportation,
  • Consumer products,
  • Energy and natural resources,
  • Financial services,
  • Healthcare,
  • Infrastructure and construction,
  • Media and entertainment,
  • Oil & gas,
  • Private equity,
  • Real estate,
  • Retail,
  • Social and public sector,
  • Technology, and 
  • Telecommunications

Bain Toronto services include:

  • Agile,
  • Cost Transformation,
  • Customer Experience,
  • Learning & Development,
  • Mergers & Acquisitions,
  • Operations,
  • Organization,
  • Private Equity,
  • Procurement,
  • Sales & Marketing,
  • Strategy,
  • Sustainability, and
  • Transformation.

BCG Toronto

BCG Toronto works with the top Canadian and global corporations. They also established the Centre for Canada’s Future to contribute to the national dialogue, help shape the country’s agenda, and identify the greatest opportunities for Canada. 

BCG Toronto serves a wide array of industries, including:

  • Automotive.
  • Consumer goods, 
  • Energy, 
  • Financial Services, 
  • Health care, 
  • Industrial goods, 
  • Mining, 
  • Private Equity,
  • Retail, and
  • Telecommunications & Technology

BCG Toronto client work is focused on multiple business functions, including: 

  • Digital, AI, and Advanced Analytics.
  • Growth, 
  • Innovation, 
  • Operations, 
  • People, 
  • Processes, 
  • Strategy, and
  • Transformation
Firm NameJob BoardCompany ValuesReviews

Tier 2 & Big 4 Consulting Firms in Toronto

management consulting firms toronto, strategy consulting firms toronto

Note that Deloitte, PwC, and EY also have other consulting firms they’ve acquired under their network (e.g., EY-Parthenon). We list those firms here as well.

Accenture Toronto

Accenture provides a broad range of services and solutions in strategy, consulting, digital, technology and operations. They specialize in more than 40 industries and all business functions.

Accenture Toronto employs nearly 3,000 people in the Toronto area.

Deloitte Consulting Toronto

Deloitte Consulting’s focus is to help its clients solve their toughest problems. They have 26 offices in Canada. Deloitte specializes in:

  • Strategic transformation, 
  • Growth strategy, and 
  • Global partnerships.

Deloitte Strategy & Operations Toronto

Deloitte Strategy & Operations client service offerings include strategy (under Monitor Deloitte), operational transformation, finance, mergers and acquisitions, social impact, and supply chain manufacturing operations.

Deloitte’s staffing model is local/regional, so you would likely work with clients throughout Canada.

EY Toronto

EY’s Chairman and CEO of EY Canada calls Toronto home. EY has over 280,000 employees globally and the Toronto office has a strong emphasis on building a better working world. Through their 4 integrated service lines – Assurance, Advisory, Tax, and Strategy and Transactions, their client base spans the following industries:

  • Asset management and insurance,
  • Banking and capital markets,
  • Consumer products,
  • Digital,
  • Government,
  • Healthcare, and
  • Real estate.

Apply to the Strategy arm to express interest in their consulting work.

Kearney Toronto

Kearney (formerly AT Kearney) is one of the oldest management consulting firms and has a large variety of industries and practice areas. They have a local staffing model so consultants generally have little travel.

KPMG Advisory

KPMG’s flagship office in Toronto is located downtown. They have 40 offices and 7,000 employees across Canada. KPMG Toronto’s focus is management consulting, deal advisory, and risk consulting and strategy. Typical consulting client work is in:

  • Building, Construction, and Real Estate,
  • Deal Advisory,
  • Financial Services,
  • Government and Public Sector,
  • Health and Life Sciences,
  • Infrastructure,
  • KPMG Enterprise
  • Law, and
  • Risk Consulting
consulting firms toronto - kpmg

Monitor Deloitte Toronto

Monitor Deloitte is the strategy practice within Deloitte. Typical client work in Toronto is in: 

  • Business Transformation, 
  • Corporate and Business Strategy, 
  • Customer and Marketing Strategy, 
  • Digital Strategy, 
  • Innovation, 
  • Media and Telecommunications, and 
  • Technology.

PwC Toronto

PwC Toronto is headquarters for the Candian offices. The office supports clients in a variety of services including:

  • Actuarial,
  • Assurance,
  • Deals,
  • Management Consulting, and
  • Tax and Technology Consulting

Strategy& Toronto

Strategy& is the global strategy consulting arm of PwC and has an office in Toronto. They specialize in:

  • Business disruption,
  • Deals,
  • Digital,
  • Regulation,
  • Risk, and
  • Transformation.
Firm NameJob BoardCompany ValuesReviews
Monitor Deloitte,8_IL.9,16_IM976.htm

Boutique Consulting Firms in Toronto

Top-tier strategy consulting firms like Bain, BCG, and McKinsey, as well as the Tier 2 and Big 4 firms, are the most sought-after consulting firms in Toronto. Still, there are over 20 other firms that warrant a closer look.

Boutique consulting firms often have a specialty field such as healthcare, life sciences, or private equity. They can be a great place to gain experience in an area that interests you. These smaller firms can also offer a faster growth trajectory with increased opportunities for client-facing work.

Oliver Wyman is one of those highly-sought boutique consulting firms.

Oliver Wyman Toronto

Oliver Wyman Toronto’s client work is focused on the following industries:

  • Business services, 
  • Communications, 
  • Media and technology, 
  • Financial services,
  • Health and life sciences, 
  • Retail and consumer goods, and 
  • Travel and Leisure. 

Oliver Wyman’s functional areas of expertise are corporate finance and restructuring, digital, brand and innovation, operations, operational effectiveness, pricing, sales and marketing, risk management, strategy, and climate and sustainability.

Firm NameJob BoardCompany ValuesReviews
AMARIS Consulting UK,17_IL.18,25_IM976.htm
Berkeley Research Group,23_IL.24,31_IC2281069.htm
BTS Group,3_IL.4,11_IC2281069.htm,3_IL.4,17_IC1147401.htm
CCS Fundraising,15_IL.16,23_IC2281069.htm
Charles River Associates (CRA),24_IL.25,32_IC2281069.htm
Concentra Consulting Ltd,19_IL.20,27_IC2281069.htm
Egon Zehnder International,12_IL.13,20_IC2281069.htm
Gallup Consulting,6_IL.7,14_IC2281069.htm
ICF Consulting Limited,3_IL.4,11_IC2281069.htm
Kearney (formerly AT Kearney),7_IL.8,15_IC2281069.htm,7_IL.8,15_IM976.htm
Myrtle Consulting Group
Navigant Consulting,8_IL.9,16_IC2281069.htm
NERA (Economic Consulting)
NMG Financial Services Consulting Limited
RHR International
Russell Reynolds Associates
Sia Partners,12_IL.13,20_IC2281069.htm
Slalom Consulting,6_IL.7,14_IC2281069.htm
Vivaldi Group,16_IL.17,24_IC2281069.htm
Level 5 Strategy

In this article, we’ve covered:

  • Things that are unique about consulting firms in Toronto,
  • Top strategy consulting firms with offices in Toronto,
  • Tier 2 & Big 4 consulting offices in Toronto, and
  • A list of boutique consulting firms in Toronto.

Still have questions?

If you have more questions about management consulting firms in Toronto, leave them in the comments below. One of My Consulting Offer’s recruiters will answer them.

Other people prepping to apply to consulting firms found the following pages helpful:

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Nail the case & fit interview with strategies from former MBB Interviewers that have helped 89.6% of our clients pass the case interview.

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