66 Wellington St W, Suite 5300, TD Bank Twr, Toronto, ON
Year called to bar: 1984 (ON)
Partner in Toronto and Practice Group Leader of the firm’s Real Property & Planning Group. Practice focuses on real estate–related transactions, with extensive experience in structured finance, mortgage bond finance, mortgage loan insurance, and securitizations. Real estate practice includes secured lending, CMHC-insured lending, construction lending, commercial leasing, and the purchasing, selling, financing, and developing of hotels, shopping centres, residential apartment buildings, condominiums, and renewable energy projects. Has considerable experience in mortgage loan remedies, including powers of sale, foreclosures, and judicial sales. Regularly advises clients on the regulatory aspects of both mortgage brokerage and real estate brokerage activities, and advises banks and other financial institutions on matters relating to mortgage forms and mortgage lending matters, including CMHC insurance. LLB, Queen’s University, 1982. Admitted to the Ontario Bar in 1984.
Veridian Corporation and Whitby Hydro Energy Corporation amalgamated to form Elexicon Corporation, and their subsidiaries amalgamated to form a single regulated electricity distribution subsidiary, Elexicon Energy Inc., and a non-regulated subsidiary, Elexicon Group Inc.
On December 20, 2017, Axium Infrastructure Inc. (Axium), through a special-purpose acquisition vehicle Axium Infinity Solar LP, and TransCanada Energy Ltd. (TransCanada) completed its acquisition of TransCanada’s Ontario solar portfolio, consisting of eight facilities with a total generating capacity of 105 MW (DC). All eight facilities operate under 20-year power purchase agreements with the Independent Electricity System Operator. The aggregate purchase price was approximately $540 million.
On July 31, 2015, Grand Valley 2 Limited Partnership (Grand Valley), an indirect subsidiary of Veresen Inc. and others, closed on a $121 million project financing to be used for the development, construction, ownership and operation of a wind power energy generation facility near Grand Valley, Ontario.