Richard J. Balfour

Richard J. Balfour

Senior Counsel
Toronto: 416.865.7339
Fax 416.865.7380


AB, 1971
Princeton University
JD, 1978
Harvard University
BLitt, 1974
University of Oxford (Rhodes Scholar)

Bar Admissions

Ontario, 1980


Richard's practice focuses on corporate and securities law, and he has substantial experience as lead counsel in

  • mergers and acquisitions, both public and private, and both Canadian and international
  • public and private offerings of securities, both Canadian and international, including privatizations and demutualizations
  • advising securities regulators and governments on regulation of securities markets, including legislative drafting


Best Lawyers in Canada—Leading lawyer in corporate law, mergers and acquisitions law, securities law (2016-2021)

Lexpert/Thomson Reuters’ Guide to the Leading U.S./Canada Cross-Border Corporate Lawyers in Canada—Most Frequently Recommended lawyer in M&A (2018)

IFLR1000: The Guide to the World’s Leading Financial Law FirmsHighly regarded in M&A (2008-2021)

Lexpert/American Lawyer’s Guide to the Leading 500 Lawyers in Canada—Leading lawyer in corporate/commercial law, corporate finance & securities and in M&A (2008-2020)

The Canadian Legal Lexpert Directory—Leading lawyer in corporate commercial law (2019-2021); corporate finance and securities (2019-2021); merges & acquisitions  (2008-2021)

Law Business Research’s Who’s Who Legal: Canada—Leading lawyer in corporate governance (2012-2015)

Chambers & Partners’ Chambers Global: World’s Leading Lawyers for Business, The Client’s Guide—Leading lawyer in corporate/M&A (2008-2014)

Practical Law Company’s Which Lawyer?—Recommended Canadian lawyer in corporate/M&A (2009-2012)

Lexpert’s Special Law Inserts appearing in The Globe and Mail’s Report on Business Magazine—Most frequently recommended lawyer in corporate commercial, and corporate finance and securities (2011)

Legal Media Group and IFLR’s Guide to the World’s Leading M&A Lawyers 2006—Pre-eminent practitioner


Professional Involvement

Richard is a member of the Legal Advisory Committee to the Canadian Securities Transition Office in the implementation of national securities regulation and he was a member of the Legal Advisory Committee to the Expert Panel on Securities Regulation in Canada (2008).

In 1995, Richard taught "The Law and Finance of Mergers and Acquisitions" with Professors Ronald J. Daniels and Paul Halpern at the University of Toronto Faculty of Law; and in 1991, he taught "International Securities Transactions" with Stanley M.D. Beck and William J. Braithwaite at the Osgoode Hall Law School's Business LLM Program.

From 1978 to 1981, Richard was an assistant professor at Osgoode Hall Law School, where he taught corporate and property law.


The Corporation of Massey Hall and Roy Thomson Hall (Chair, 2010— )

Memberships and Affiliations

Advisory Board, Canadian Art Foundation