79 Wellington St W, Suite 3000, Box 270, TD Ctr, Toronto, ON
Year called to bar: 1998 (ON)
Practice focuses on all areas of pension and benefits law and governance. Advises clients on issues ranging from risk management and defined benefit to defined contribution pension plan conversions, to implementation of new plan designs and benefit reduction initiatives. Provides advice on the pension and benefit plan implications of corporate restructurings and insolvencies. Also develops and implements pension plan governance structures and systems. An active member of the pension community and a frequent speaker and moderator on emerging industry issues. Member of the National Policy Committee of the Association of Canadian Pension Management (ACPM) and the ACPM Executive Committee. Ontario Bar, 1998. LLM, 2003, Osgoode Hall Law School. LLB, 1996, University of Windsor.
On May 1, 2018, Scotiabank announced the completion of its $950 million acquisition of Jarislowsky, Fraser Ltd. to create the third-largest Canadian active asset manager with $166 billion in assets under management (as of December 31, 2017).
On March 28, 2018, Platinum Equity Capital Partners IV (Platinum Equity) completed the acquisition of Husky Injection Molding Systems (Husky) from Berkshire Partners and OMERS Private Equity for $4.95 billion (US$3.85 billion). Based in Bolton, Ont., Husky is a global supplier of highly engineered injection molding equipment and services for the plastic injection molding equipment industry, and a leading provider of PET systems, hot runners, aftermarket tooling, medical molds and specialty closure molds.
On July 13, 2017, Cheung Kong Property Holdings Ltd. (CKP) completed the acquisition of Reliance Home Comfort (Reliance) from investment funds managed by Alinda Capital Partners (Alinda), for an equity purchase price of approximately $2.82 billion.
On March 3, 2015, Sun Life Financial Inc. and BCE Inc. announced a new agreement that further advances BCE’s pension de-risking strategy by transferring longevity risk for C$5 billion of pension plan liabilities to Sun Life Assurance Company of Canada.
An affiliate of Mattamy Homes Ltd. acquired all of the issued and outstanding shares of Monarch Corporation, the Canadian operations of US homebuilder Taylor Morrison Home Corporation, for CAD$335 million at closing, subject to customary post-closing adjustments. Immediately prior to the closing, approximately C$235 million of cash at Monarch was distributed to a subsidiary of TMHC for total proceeds of C$570 million from the share sale. The transaction closed following the satisfaction of customary closing conditions, including clearance by the Canadian Competition Bureau.
Scotiabank completed the acquisition of a 20 per cent equity interest in the financial services business of Canadian Tire Corporation, Limited for $500 million in cash. As part of the new business partnership, Scotiabank has agreed to provide a funding commitment to the financial services business of up to $2.25 billion and the parties have entered into a marketing program agreement to pursue joint marketing initiatives.