Scott Kraag

Scott A. Kraag

Toronto: 416.865.7980
Fax 416.865.7380


BA (Honours, Dean’s List), 1993
University of Western Ontario
, 1996
University of Ottawa

Bar Admissions

Solicitor, England and Wales, 2002 British Columbia, 1998 Ontario, 1998


Scott is head of the Torys Project Finance practice and co-head of the Banking and Debt Finance practice. Consistently recognized as one of Canada's leading project finance lawyers, Scott's practice focuses on corporate project finance, with particular emphasis on energy, infrastructure (P3) and mining. He has represented all of the principal parties on a variety of complex project finance transactions, including lenders, sponsors, equity investors, arrangers and underwriters, contractors, service providers and public authorities.

Scott also has extensive experience in corporate banking transactions and regularly advises lenders and borrowers in transactions which include bank credit facilities, bond financings, structured finance transactions, mezzanine financings and derivatives. 

Scott is an adjunct professor of law at Osgoode Hall Law School where he teaches commercial law. Before joining Torys, Scott advised on some of Europe’s largest financing transactions with international law firm Linklaters LLP in London, UK. While in Europe, Scott was also seconded to the international commercial bank ABN AMRO, where he was special legal adviser to the Global Head of Loan Syndications in Amsterdam, Netherlands.

Representative Work

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Chambers Canada—Leading lawyer in project finance (2019-2021)

Chambers Global—Leading lawyer in project finance (2019-2020)

The Legal 500 Canada—Leading lawyer in infrastructure and projects (2020-2021)

IFLR1000: The Guide to the World’s Leading Financial Law Firms—Highly regarded in banking and project finance (2011-2021)

Best Lawyers in Canada—Leading lawyer in banking and finance law, project finance law (2015-2021)

Lexpert/American Lawyer’s Guide to the Leading 500 Lawyers in Canada—Leading lawyer in project finance (2016-2021)

The Canadian Legal Lexpert Directory—Leading lawyer in project finance (2012-2020); banking & financial institutions (2014-2020); infrastructure law (2017-2020); energy - electricity (2017-2020); private equity (2019)

Expert Guides: Best of the Best—Leading lawyer in Project Finance (2019)

Power Finance & Risk’s 15th Annual Deals and Firms of the Year Awards—Canada Attorney of the Year (2017)

Legal Media Group’s Guide to the World’s Leading Project Finance Lawyers—Leading Canadian lawyer in project finance (2011)