Infrastructure Infrastructure

Bird Construction in its $82.3-million acquisition of Fraser River Pile & Dredge

On September 3, 2025, Bird Construction announced its proposed $82.3-million acquisition of Fraser River Pile & Dredge (FRPD). The transaction follows Bird Construction’s 2024 acquisition of Jacob Bros. Construction and further expands its presence in Western Canada. FRPD is...

Lead Office: Toronto Date Announced: September 3, 2025 Value: $82.3 million

EllisDon and PCL Healthcare Partners awarded fixed price contract of $13.9 billion for The Peter Gilgan Mississauga Hospital and Shah Family Hospital for Women and Children

On July 10, 2025, EllisDon and PCL Healthcare Partners, through the Trillium M Project Co General Partnership, entered into an agreement with Trillium Health Partners to design, build, finance and maintain the Peter Gilgan Mississauga Hospital and Shah Family Hospital for Women and Children, in...

Lead Office: Toronto Date Announced: July 10, 2025 Value: $13.9 billion

Canadian Pacific Railway Company in its $1.4-billion Notes Offering

Acting for a syndicate of agents, led by Scotia Capital Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc. and RBC Dominion Securities Inc. as lead agents, in connection with Canadian Pacific Railway Company’s $1.4-billion offering of notes due 2032, 2036 and 2055. Osler, Hoskin &...

Lead Office: Calgary Date Announced: June 11, 2025 Value: $1.4 billion

Ferrovial SE in its acquisition of an additional 5.06% stake in 407 International Inc. from AtkinsRéalis for approximately $1.99 billion

On June 6, 2025, Ferrovial SE announced its acquisition of an additional 5.06% stake in 407 International Inc. (407), from AtkinsRéalis for approximately $1.99 billion. Ferrovial acquired an initial 3.3% stake on June 6, 2025, and a further 1.76% stake on June 11, 2025, pursuant to a call option....

Lead Office: Toronto Date Announced: June 6, 2025 Value: $1.99 billion

Emera Inc. in the sale of its interest in the Labrador Island Link

Osler advised Emera Inc. in the sale of its minority equity interest in the Labrador Island Link, a critical energy transmission asset in Newfoundland and Labrador, to Kohlberg Kravis Roberts & Co. for a total transaction value of $1.19 billion. The transaction value was made up of $957...

Lead Office: Toronto Date Announced: June 4, 2024 Value: $1.19 billion

iCON Infrastructure in its investment in QSL

On February 23, 2024, QSL International Ltd. announced the arrival of new shareholders: funds advised by iCON Infrastructure LLP, CDPQ and the QSL management shareholders already active in the company's capital. QSL is a North American port terminal and logistics operator headquartered in...

Lead Office: Toronto Date Closed: February 23, 2024 Value: -

Suncor Energy Inc. in connection with the formation of Astisiy Limited Partnership to acquire TC Energy’s interest in the Northern Courier Pipeline Limited Partnership

On September 16, 2021, Suncor Energy announced formation of Astisiy Limited Partnership consisting of eight Indigenous communities in the Regional Municipality of Wood Buffalo to acquire TC Energy’s 15% equity interest in the Northern Courier Pipeline Limited Partnership. The unprecedented...

Lead Office: Calgary Date Closed: -- Value: -

Marco/Cahill Mental Health Partnership in Plenary-led consortium’s DBFM contract for the New Adult Mental Health and Addictions Facility in St. John’s, NL

On July 28, 2020, the government of Newfoundland and Labrador selected the Avalon Healthcare Partnership consortium to design, build, finance and maintain (DBFM) a new adult mental health and addictions hospital in St. John’s. The facility in will feature a 240,000 square foot,...

Lead Office: Toronto Date Closed: July 28, 2021 Value: $330 million

EllisDon Capital in its bid on the Burnaby Hospital Redevelopment Project

In May 2021, EllisDon Capital Inc. was named the successful proponent for the $612 million Phase 1 Burnaby Hospital Redevelopment Project. Phase 1 of the project includes the construction of a new six storey, 83 bed pavilion with underground parking and the expansion of the emergency department,...

Lead Office: Toronto Date Closed: May 1, 2021 Value: $612 million

Canada Infrastructure Bank in its $407.5 million loan to create additional irrigable acres in Alberta

On October 9, 2020, Canada Infrastructure Bank announced its intention to provide $407.5 million in funding to a Special Purpose Vehicle supported by the Province of Alberta and eight Irrigation Districts to create more than 200,000 additional irrigable acres. The deal reached financial close on...

Lead Office: Calgary Date Closed: December 21, 2020 Value: $407.5 million