On July 10, 2025, EllisDon and PCL Healthcare Partners, through the Trillium M Project Co General Partnership, entered into an agreement with Trillium Health Partners and Infrastructure Ontario to design, build, finance, and maintain the Peter Gilgan Mississauga Hospital and Shah Family Hospital for Women and Children in Mississauga, Ontario. The fixed-price contract is worth approximately $13.9 billion and represents the largest healthcare public-private partnership (P3) project in Canadian history. The new hospital will have over 950 beds, modern infection prevention and control standards, and one of the largest emergency departments in the country, with substantial completion targeted for 2033.
The lenders' syndicate included National Bank Financial, TD Securities Inc., ATB Financial, Desjardins, Caixabank, RBC, TD, and National Bank of Canada. Trillium M Project Co General Partnership is a consortium comprised of EllisDon Capital Inc., PCL Investments Inc., Plenary Americas LP, and Fengate Capital Management Ltd.
Osler, Hoskin & Harcourt LLP advised the consortium as Canadian counsel, with a team led by Chris Bennett that included Tobor Emakpor, Marta Rochkin, Lucas Colantoni, Katie Frederickson, Tearney Johnston-Jones, Rosalind Hunter, Brett Anderson, Will Heisey, and Rob Valentini. Skadden, Arps, Slate, Meagher & Flom acted as US counsel to the consortium. Reynolds Mirth Richards & Farmer LLP advised PCL Construction Group, Davies, Ward, Phillips & Vineberg LLP advised Plenary as equity participant, and Fasken Martineau DuMoulin LLP advised Fengate as equity participant.
Stikeman Elliott acted as designated lenders' and debt arrangers' counsel to the consortium, with a team comprising Jamie Templeton, Joel Dueck, Krista Bauman, and Parker McKibbon (Projects), Shawn Blundell and Jamie Siedel (Securities), and Mark McElheran (Derivatives). Winston & Strawn LLP acted as US counsel to the lenders.
BLG provided comprehensive legal counsel to Trillium Health Partners with a team led by Richard (Rick) Shaban, Kasim Salim, Nick Pasquino, and Brennan Carroll, supported by Laura Delemere, Julie Lesage, Amir Ghoreshi, Samantha Lo, Sosina Tilahun, Harry Case, and Isaac Tang.
McCarthy Tétrault advised Infrastructure Ontario and Trillium Health Partners with a team led by Tristan Musgrave that included Brad Nicpon, Julie Parla, Godyne Sibay, Ian Mak, Anca Neacsu, James Kelsall, Carrie Fleming, Ailbish Bruchet, Puneet Kohli, Marie Doyle, Meg Heesaker, Byron Shaw, Sam Rogers, Gurvir Sangha, Cynthia MacDougall, Belinda Schubert, Robert Glasgow, Keith Rose, Kate McNeill-Keller, Chris Zawadzki, Mehak Suri, and Scott Chalmers.