Q2 | Torys Quarterly
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Spring 2026
Making Canada an energy superpower
We examine Canada’s ambitious plan to become a world leader in energy, and the wave of momentum taking shape for businesses across industries.
Canada’s defence outlook
Torys’ multidisciplinary team shares their insights on the legal, regulatory and business considerations shaping Canada’s defence sector.
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The key trends shaping Canada’s mining industry in 2026
Read our review on the top developments changing the mining industry landscape across Canada, from new policy frameworks to market dynamics shaping project partnerships, structures and financings.
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Latest News & Insights
Report
Venture financing report 2026
Get our Emerging Companies and VC team's year-over-year analysis covering the startup and venture capital landscape.
Apr 2, 2026
Report
PE Pulse 2026
In our seventh annual survey, our Private Equity Practice takes the pulse of industry leaders on the deal activity outlook for the year ahead.
Feb 12, 2026
Insight
2026 thresholds for Canadian merger reviews
The Competition Act size-of-transaction threshold stays the same while thresholds under the Investment Canada Act have increased.
Mar 10, 2026
News
Torys’ 2025 climate disclosure report picked up by The Globe and Mail
Jan 7, 2026
Insight
A new frontier: publicly available AI and the loss of privilege
A recent decision serves as a cautionary tale about the risks inherent in communicating with AI tools about legal matters.
Mar 20, 2026
News
OSFI modernizes its licensing framework with fast‑track pilot
Mar 2, 2026
Recent Work Highlights
- Anglo American US$57 billion merger of equals with TeckTorys is acting as counsel to Anglo American in its proposed merger of equals with Teck Resources to create a US$57 billion global critical minerals champion and one of the top five global copper producers in the worldRead more
- Rogers C$7 billion innovative equity investmentTorys acted as counsel to Rogers Communications in an innovative C$7 billion equity financing transaction with an investor group led by Blackstone to finance a portion of its wireless network and materially reduce its leverageRead More
- Innovative equity investment in the Darlington New Nuclear ProjectTorys is acting as counsel to Ontario Power Generation in the up to C$3 billion innovative equity investment by Canada Growth Fund and Building Ontario Fund in the Darlington New Nuclear Project involving the construction of up to four grid-scale commercial small modular reactorsRead more
- Precedent setting Supreme Court decision, redefining corporate attribution doctrine and the first decision in Canada to apply it in the insolvency context
Torys acted as counsel to KSV Kofman as trustee in bankruptcy for FormaCon Construction (an affiliate of Bondfield Construction) at the Supreme Court of Canada upholding one of the largest “transfer-at-undervalue” (fraudulent conveyance) applications in Canada and creating new precedent on the “contextual” application of corporate attribution doctrine
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We are proud of our reputation for legal excellence. 81% of our Canadian partners are ranked by Chambers Canada, the highest percentage among Chambers’ Elite-ranked firms.
Exceptional collaboration.
We enjoy working with each other and view all our clients as clients of the firm. That is why 85% of our work involves cross-practice collaboration and over two thirds of our top 100 clients are served by 5 or more of our practices.
81%
Chambers-ranked Canadian partners
85%
Cross-practice work
> 2/3
clients working with 5+ practices
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