The financial services group at Miller Thomson consists of over 70 lawyers across the country with a broad scope of expertise in all aspects of regional, national and international financing transactions. Working closely with our colleagues in other specialty and industry groups, we represent a broad spectrum of Canadian and foreign financial institutions as well as a diverse range of borrowers in all aspects of their lending transactions. Our clients include: North American and global financial institutions, corporate borrowers, private equity sponsors, pension funds, governments and government loan agencies and credit unions.
One of only two Canadian member firms of Multilaw, an affiliation of prominent local, regional and international law firms who work together to serve clients on a global scale, we are able to leverage this affiliation to provide our clients with effective and reliable representation internationally.
Our lawyers have extensive experience in a broad range of financial services areas, including:
- Syndicated, Single Lender and Bi-Lateral Corporate and Commercial Loans
- Cross Border/Global Loans
- Bridge Financing
- Structured Finance/Securitizations
- Project Finance
- Private Equity
- Asset Based Loans
- Mezzanine/Subordinated Debt
- Debtor in Possession Financings
- Regulatory Compliance by financial institutions
- Credit Card Arrangements
Industry Specific Finance:
Awards & accolades
Our team includes a number of lawyers featured as leading lawyers by various industry groups including: Chambers and Partners, Lexpert, Best Lawyers in Canada, Martindale-Hubbell BV, and International Financial Law Review.
Miller Thomson continues strategic growth
Miller Thomson recognizes that the complexities of today’s business landscape increasingly call for legal solutions that span multiple disciplines and jurisdictions. With a continued focus on building our national platform, we are pleased to welcome the following lawyers who have...
Miller Thomson recognized in 2018 Canadian Legal Lexpert Directory
In the recently released 2018 edition of the Canadian Legal Lexpert® Directory, 90 Miller Thomson lawyers across 35 areas of law have been recognized for their industry-leading advisory expertise. These rankings are the culmination of an extensive annual peer review process...
Miller Thomson advises winners of top GTA real estate award
On March 22, 2018, NAIOP Greater Toronto announced the winners of the 2017 REX Awards at a gala celebration. NAIOP is the pre-eminent Commercial Real Estate Industry/Development Association in North America. The REX Awards celebrate the achievements of the office, industrial, retail...
Jennifer Babe and Andy Chan reappointed to Ontario Business Law Advisory Council
Jennifer Babe and Andy Chan have been reappointed by the Ontario Minister of Government and Consumer Services as members of the Business Law Advisory Council. Comprised of professionals with demonstrated expertise in commercial and corporate law, the council advises the Minister...
Eleventh edition of Sale of a Business published
The 11th edition of Sale of a Business by Jennifer Babe, a partner in the Banking and Financial Services Group in Miller Thomson’s Toronto office, has now been released. One of Canada’s leading commercial law practitioners, Babe has authored this...
Miller Thomson lawyers recognized in The Best Lawyers in Canada 2017
126 Miller Thomson lawyers from across the country and in numerous areas of law have been recognized for their expertise in the 2017 edition of The Best Lawyers in Canada. This result is up from 122 lawyers ranked last year....
Keyvan Nassiry and Maxime Rhéaume author chapter in Commercial Lending Law
Published by the American Bar Association, Commercial Lending Law: A Jurisdiction-By-Jurisdiction Guide to U.S. and Canadian Law, Second Edition is a two-volume guide outlining commercial lending laws for all U.S. states and territories, and Canada. It is a valuable resource for...
Nora Osbaldeston wins Federated Press Woman in Law Leadership Award
Miller Thomson is delighted to announce that Nora Osbaldeston, national chair of the firm’s financial services group, has been selected by the Federated Press’ Award Committee as this year’s recipient of the Federated Press Woman in Law Leadership Award. This...
Andy Chan and Aaron Atcheson selected by Lexpert as “Lawyers to Watch”
We are pleased to announce that Andy Chan and Aaron Atcheson were recently selected as Lawyers to Watch in the Lexpert 2013 Guide to the Leading US/Canada Cross-border Corporate Lawyers in Canada. Both Andy and Aaron were recognized as one...
Miller Thomson featured in Lexpert’s 18 BIG DEALS for May 2013
Agellan Commercial Real Estate Investment Trust (REIT) Completes IPO and Portfolio Real Estate Purchase Miller Thomson represented the REIT with respect to real estate and finance matters in Canada with a team that included Michael Wren, Natalia Iamundo, Nancy Avison and Tom...
Paul Legault guest speaker at a conference on the EU-Canada Free Trade Agreement
Under the auspices of the Ambassador of Canada to the Republic of Bulgaria, Kevin Hamilton, the Faculty of Law of the University of Sofia in Bulgaria and the University of Thessaloniki in Greece are hosting the Conference The EU-Canada Free...
Jennifer Babe presents at the Canadian Finance & Leasing Association
Jennifer Babe presents on “What’s New in Law” at the 2018 Canadian Finance & Leasing Association conference on September 27th in Montreal.
Francis Trifiro speaks at the Journée stratégique sur le financement et les sûretés by Open Forum Ouvert
Francis Trifiro will give the Conference “Légalisation du cannabis au Canada : enjeux juridiques et d’affaires des emprunteurs, des prêteurs et autres intervenants dans un contexte de financement” during the Journée stratégique sur le financement et les sûretés, organized by...
David Reynolds chairs OBA’s “Secured Transaction Essentials for Business Lawyers” program
David Reynolds is chairing the OBA’s “Secured Transaction Essentials for Business Lawyers” program on May 14, 2018.
Jeffrey Roode presents at FinTech webinar
Jeffrey Roode is a panellist at Multilaw’s FinTech webinar, presenting an overview of FinTech in Canada, including: How does the banking industry differ in Canada from the U.S. and how has that affected FinTech? Who are the key regulators in...
Jennifer Babe speaks at the Canadian Finance & Leasing Association’s Conference
Jennifer Babe presents on a panel on, “What’s New in Law” for vehicle and equipment lessors and financers at the Canadian Finance & Leasing Association’s conference in Kelowna, BC.
Jennifer Babe speaks on Regulatory Compliance
Jennifer Babe will present on Regulatory Compliance to automotive finance and leasing customers of Fiserv Inc.
Keyvan Nassiry speaks at Finance & Security conference
Keyvan Nassiry is a panel presenter at Open Forum’s Finance & Security conference, discussing cross-border financing issues involving collateral located in Canada, US and Latin America.
Michael Morcom chairs the Personal Property Security and Debt Recovery Essentials program
Keyvan Nassiry co-chairs CLE on cross-border secured lending
Keyvan Nassiry is Program Co-chair and Moderator for the program on “Avoiding the Pitfalls of Cross-border Secured Lending in China, Latin America and Western Europe” at the American Bar Association’s Spring Meeting.
Miller Thomson 2018 Montréal Construction Law Conference
Featuring: claims, blockchain, quantification of damages, insurance, AMF, tax, cannabis and more! Join us on Tuesday, March 20, 2018 for a daylong conference intended for all construction and real estate sector stakeholders and keep appraised of the most recent developments...
( Available in French only )
Vérifications fiscales… Évitez la catastrophe!
Tout entrepreneur doit savoir comment agir face à une demande de vérification fiscale de Revenu Québec ou de l’Agence du revenu du Canada. Lors de ce « Lunch & Learn » présenté à La Gare|Espace collaboratif, vous obtiendrez des conseils pratiques pour vous y...
( Available in French only )
Considérations pratiques en droit des affaires et en financement
Louis-Philippe Borduas et Julien Morier présentent une conférence sous forme de « Lunch & Learn » le 1er décembre à La Gare|Espace collaboratif. La présentation porte sur les considérations pratiques légales que tout entrepreneur devrait connaître en droit des affaires et en financement. Louis-Philippe et Julien aborderont...
Structuring Cross-Border Collateral: Avoiding the Pitfalls
Miller Thomson’s Financial Services group hosts a complimentary Breakfast and Panel Discussion. Partner Keyvan Nassiry, from Miller Thomson’s Banking & Financial Services Group, is joined by special guests Shanghai-based Yi Li, a Banking and Financial Services Partner from JunHe Law...
Understanding PCs and LLPs: Practical Considerations for Professionals and their Advisors
This seminar is designed for accountants, financial advisors, tax professionals, private business owners, and others who deal with structuring issues. Our seminar focuses on: Tax issues in determining structure Structural alternatives/prohibited structures The extent of limitations on liability Prohibited activities...
Secured Creditor’s Priority Over Unremitted GST/HST: SCC Grants Callidus Capital Corporation Leave to Appeal
On March 22, 2018, the Supreme Court of Canada granted Callidus Capital Corporation (the “Secured Creditor”) leave to appeal the Federal Court of Appeal decision that interpreted subsection 222(3) of the Excise Tax Act (Canada) (the “ETA”) as giving the...
FCAC Releases Report on the Retail Sales Practices of Canada’s Big Six Banks
On March 20th 2018, the Financial Consumer Agency of Canada (FCAC) released a report regarding the sales practices of Canada’s “big six” banks (BMO, Bank of Nova Scotia, CIBC, National Bank, RBC, and TD). The FCAC is the regulator responsible...
The Solar Power Decision: A Matter of Interest
Introduction On January 10, 2018 the Ontario Superior Court of Justice released its decision in Solar Power Network Inc. v ClearFlow Energy Finance Corp, 2018 ONSC 7286; leave to appeal granted on February 15, 2018 (the “Solar Decision”). This decision,...
Securing Water Rights: Analyzing the Water Act, Case Law and Lessons for Lenders in Alberta
Water rights vary from province to province; in Alberta water rights are primarily covered by the Water Act (the “Act”). Under the Act, there are three primary ways that an agricultural business may divert water: Water License Exempted Agriculture User...
Another Harsh Lesson Learned Under the Farm Debt Mediation Act – This Time by a Landlord: HCI Ventures LTD. v. S.O.L. Acres (2017 SKQB 264)
Introduction In a previous Communique post entitled Things You May Not Know About the Farm Debt Mediation Act, we discussed several aspects of how the federal Farm Debt Mediation Act (referred to throughout as the “FDMA” or the “Act”) operates,...
Saskatchewan Court of Appeal confirms that emails can extend limitation periods under the Limitations Act
Earlier this year, we wrote here about the decision in I.D.H. Diamonds NV v Embee Diamond Technologies Inc., 2017 SKQB 79, where Mr. Justice Layh held: a) that the sort of informal email discussions that are commonplace in today’s business...
Changes Proposed to the Oversight of Retail Payments in Canada
This summer the federal Department of Finance released a discussion paper regarding the oversight framework for retail payment systems in Canada. The paper proposes a number of changes to the way the retail payment systems in Canada are regulated. These...
Ontario Bill 154: Perfection by VIN
On September 14th Ontario Bill 154, Cutting Unnecessary Red Tape Act, 2017 passed first reading. The Bill has various Schedules with the names of each Ministry responsible for the statutes being amended or provisions repealed by each Schedule. Schedule 9, the schedule that deals...
A u-turn on priority disputes between secured creditors and lienholders!
National Bank of Canada v. KNC Holdings Ltd. 2017 SKCA 57 In 2016, the Saskatchewan Court of Queen’s Bench rendered a decision on the priority of builder’s liens filed against certain assets under The Builders’ Lien Act (Saskatchewan) (the “BLA”),...
Receivership or CCAA? Having already given significant time, a creditor is not forced to wait longer to enforce
Affinity Credit Union 2013 v. Vortex Drilling Ltd. 2017 SKQB 228 In late July 2017, Mr. Justice Scherman was faced, for the second time in less than two years, with competing applications for CCAA and receivership orders. For the second...
Lions Bay Capital announces new loan facility
Counsel to Riverfort Global Capital Ltd. and Cuart Investments PCC Ltd.
Amarillo Gold announces extension and amendment of gold-linked credit facility
Counsel to Amarillo Gold Corporation
LGC Capital completes convertible loan transaction with international investors to fund business expansion
Counsel to the international investors and their advisors
Private lender advised on credit facility to Alberta-based ACMPR licensed producer of cannabis
Counsel to the lender
Conexus Credit Union acquires credit card receivables from CUETS Financial
Counsel to Conexus
Western Canadian grain solutions agri-business advised on $132 million amended and restated syndicated credit arrangement
Counsel to the grain solutions provider
Leading distribution and logistics company negotiates asset-backed lending facility and real estate term and evergreen facility
Counsel to the distribution and logistics company
Banking syndicate provides $153 million loan to finance major Alberta real estate developer
Counsel to a Schedule I bank in its capacity as lead arranger, syndication agent and administrative agent for the banking syndicate
Food packaging manufacturer advised on Canadian aspects of amended and restated multi-currency and multi-jurisdictional syndicated credit arrangements
Counsel to the food packaging manufacturer and its Canadian affiliates
The Hi-Tech Gears completes US$58 million cross-border acquisition of Teutech Industries
Counsel to Integrated Private Debt Fund V, one of the Canadian lenders