Torys lawyers were some of the first to be involved in shaping the Canadian PPP/AFP market, and have contributed to its evolution ever since. Our team has advised on Canadian pathfinder transactions, including the Nova Scotia Schools, William Osler Health Centre, Highway 407 and Vancouver Academic and Ambulatory Care projects, as well as having advised Infrastructure Ontario on their initial projects, including the North Bay Regional Health Centre and Roy McMurtry Youth Centre. We continue to be involved in major infrastructure projects across Canada and internationally. Recent mandates include
- Windsor Essex Parkway – This C$1.4 billion road project was the first to be completed under Infrastructure Ontario’s AFP model and represents the most significant single highway investment made in Ontario history. Financial close was achieved ahead of schedule in December of 2010.
- Communications Security Establishment Canada – This C$1.1 billion project involves the construction of a new accommodation for CSEC, Canada's national foreign intelligence and cryptologic agency. At the time that it closed, it was the largest bond financing ever completed for a Canadian PPP transaction.
- Women’s College Hospital – This C$460 million redevelopment project involves the construction of a new 630,000 square foot facility on the hospital’s current site in downtown Toronto. The new facility will replace existing, outdated buildings and consolidate most hospital services in one location, enabling innovation in ambulatory models of care and enhancing the hospital’s stature as a leader in women’s health care, research and education.
- Niagara Health System – This C$759 million project involves the construction of a new 970,000 square foot acute care hospital and cancer centre in St. Catharines, Ontario. The new complex will replace the aging St. Catharines General and Ontario Street sites of the Niagara Health System.
Our multidisciplinary team has advised on more than 100 major infrastructure, energy and PPP/AFP projects, including many award-winning and first of type transactions. Our areas of expertise include transportation, energy, natural resources, healthcare, defense, and other infrastructure classes.
With offices in Toronto, New York and Calgary, we have become the firm of choice to advise sponsors, lenders, contractors and governments on their most complex and innovative PPP/AFP projects in Canada and around the globe.