David’s practice focuses on corporate tax planning in a public and private context, including the tax aspects of mergers and acquisitions, corporate reorganizations, corporate finance and capital market transactions both from a domestic and cross-border perspective. In particular, he has extensive experience advising pension funds/tax-exempt entities, income funds, real estate investment trusts and private equity sponsors.
Representative Work
- ParaPRO
ParaPRO LLC in its US$89.5-million asset sale to Cipher Pharmaceuticals
- Chartwell Retirement Residences
Chartwell in its $345 million trust unit offering
- Emera
Emera Inc. in the sale of its interest in the Labrador Island Link
- Trilogy
Trilogy in its take-private of Indigo Books & Music
- Fusion Pharmaceuticals Inc.
Fusion Pharmaceuticals in its acquisition by AstraZeneca
- Xos
Xos in its business combination with ElectraMeccanica
- iCON Infrastructure
iCON Infrastructure in its investment in QSL
- NOVA Chemicals Corporation
NOVA Chemicals Corporation in its Offering of US$400 million Senior Secured Notes and its Offering of US$650 million of Senior Unsecured Notes
- Q4
Q4 in its acquisition by Sumeru Equity Partners
- Special Committee of Tricon Residential
Special Committee of Tricon Residential in its US$3.5 billion acquisition by Blackstone
- Chemtrade Logistics Income Fund
Chemtrade Logistics Income Fund in its $110 million public offering of convertible debentures
- Hydro One Inc.
Hydro One in its inaugural $1.05 billion offering of Medium Term Notes under New Sustainable Financing Framework
- VAALCO Energy
VAALCO in its US$307 million business combination with TransGlobe
- Chemtrade Logistics Income Fund
Chemtrade Logistics Income Fund in its $86.5 million bought deal equity offering
- H2 Ventures 1 Inc.
H2 Ventures 1 Inc. in its $5 million initial public offering on the TSX Venture Exchange
- MindBeacon
MindBeacon in its acquisition by CloudMD
- The Underwriters
The Underwriters in Canadian Pacific Railway Company’s US$8.45 billion note offering
- Spire Global
Spire Global in its $204.2 million acquisition of exactEarth
- smartTrade
smartTrade in its acquisition of TickTrade
- VTS
VTS in its acquisition of Lane Technologies
- Chorus Aviation
Chorus Aviation in its $85 million bought deal offering
- Emera Incorporated
Emera Incorporated in its $225 million preferred share financing
- Chartwell Retirement Residences
Chartwell Retirement Residences in its $201 million public offering
- CURO
CURO in its acquisition of Flexiti Financial
- The Underwriters
The Underwriters in Dye & Durham’s $500 million offering
-
Corus Entertainment Inc. in connection with its proposed $2.65 billion purchase of Shaw Media Inc. from Shaw Communications Inc.
-
Emera Inc. in its proposed US$10.4 billion acquisition of TECO Energy Inc. and $1.9 billion Bought Deal Offering of Convertible Debentures
-
Canadian counsel to BMO Financial Group in connection with its acquisition of General Electric Capital Corporation’s Transportation Finance Business
-
Calloway REIT in all aspects of its $1.2 billion acquisition of 24 retail shopping centres from entities affiliated with Mitchell Goldhar, Walmart Canada Realty Inc. and 6 other vendors
-
Calloway REIT in connection with various issuances of debentures
-
Ventas Inc. on its $980 million acquisition of 29 independent living seniors housing communities from Holiday Retirement Corp.
-
Ventas, Inc. in connection with the issuance of $650 million aggregate principal amount of senior notes by its wholly-owned subsidiary, Ventas Canada Financial Limited, pursuant to a Canadian private placement
-
OPTrust in connection with its co-investment in Dental Corporation of Canada Holdings Inc.
-
OPTrust in connection with its co-investment in St. George’s University
-
The ADT Corporation in its $555 million acquisition of Reliance Protectron from Alinda Capital
-
DSW Inc. in its agreement to purchase an approximately 49% interest in Town Shoes Limited
-
Penfund in connection with its investment in Mevotech L.P.
-
Chemtrade Logistics Income Fund in its US $860 million acquisition of General Chemical Holding Company
-
Cara Operations Limited in connection with its recapitalization transaction including the acquisition of Prime Restaurants Inc.
-
Chartwell Seniors Housing Real Estate Investment Trust in connection with its $931 million acquisition of a Canadian seniors housing portfolio in a 50/50 co-ownership with Health Care REIT, Inc.
-
Target Corporation, in connection with a $1.825 billion acquisition in Canada and establishment of its Canadian operations
-
Chemtrade Logistics Income Fund in its acquisition of Marsulex Inc.
-
Sterling Partners and Canada Pension Plan Investment Board, in connection with their $324 million acquisition of the assets of Livingston International Income Fund.
ParaPRO LLC in its US$89.5-million asset sale to Cipher Pharmaceuticals
Chartwell in its $345 million trust unit offering
Emera Inc. in the sale of its interest in the Labrador Island Link
Trilogy in its take-private of Indigo Books & Music
Fusion Pharmaceuticals in its acquisition by AstraZeneca
- Xos
Xos in its business combination with ElectraMeccanica
- iCON Infrastructure
iCON Infrastructure in its investment in QSL
- NOVA Chemicals Corporation
NOVA Chemicals Corporation in its Offering of US$400 million Senior Secured Notes and its Offering of US$650 million of Senior Unsecured Notes
- Q4
Q4 in its acquisition by Sumeru Equity Partners
- Special Committee of Tricon Residential
Special Committee of Tricon Residential in its US$3.5 billion acquisition by Blackstone
- Chemtrade Logistics Income Fund
Chemtrade Logistics Income Fund in its $110 million public offering of convertible debentures
- Hydro One Inc.
Hydro One in its inaugural $1.05 billion offering of Medium Term Notes under New Sustainable Financing Framework
- VAALCO Energy
VAALCO in its US$307 million business combination with TransGlobe
- Chemtrade Logistics Income Fund
Chemtrade Logistics Income Fund in its $86.5 million bought deal equity offering
- H2 Ventures 1 Inc.
H2 Ventures 1 Inc. in its $5 million initial public offering on the TSX Venture Exchange
- MindBeacon
MindBeacon in its acquisition by CloudMD
- The Underwriters
The Underwriters in Canadian Pacific Railway Company’s US$8.45 billion note offering
- Spire Global
Spire Global in its $204.2 million acquisition of exactEarth
- smartTrade
smartTrade in its acquisition of TickTrade
- VTS
VTS in its acquisition of Lane Technologies
- Chorus Aviation
Chorus Aviation in its $85 million bought deal offering
- Emera Incorporated
Emera Incorporated in its $225 million preferred share financing
- Chartwell Retirement Residences
Chartwell Retirement Residences in its $201 million public offering
- CURO
CURO in its acquisition of Flexiti Financial
- The Underwriters
The Underwriters in Dye & Durham’s $500 million offering
-
Corus Entertainment Inc. in connection with its proposed $2.65 billion purchase of Shaw Media Inc. from Shaw Communications Inc.
-
Emera Inc. in its proposed US$10.4 billion acquisition of TECO Energy Inc. and $1.9 billion Bought Deal Offering of Convertible Debentures
-
Canadian counsel to BMO Financial Group in connection with its acquisition of General Electric Capital Corporation’s Transportation Finance Business
-
Calloway REIT in all aspects of its $1.2 billion acquisition of 24 retail shopping centres from entities affiliated with Mitchell Goldhar, Walmart Canada Realty Inc. and 6 other vendors
-
Calloway REIT in connection with various issuances of debentures
-
Ventas Inc. on its $980 million acquisition of 29 independent living seniors housing communities from Holiday Retirement Corp.
-
Ventas, Inc. in connection with the issuance of $650 million aggregate principal amount of senior notes by its wholly-owned subsidiary, Ventas Canada Financial Limited, pursuant to a Canadian private placement
-
OPTrust in connection with its co-investment in Dental Corporation of Canada Holdings Inc.
-
OPTrust in connection with its co-investment in St. George’s University
-
The ADT Corporation in its $555 million acquisition of Reliance Protectron from Alinda Capital
-
DSW Inc. in its agreement to purchase an approximately 49% interest in Town Shoes Limited
-
Penfund in connection with its investment in Mevotech L.P.
-
Chemtrade Logistics Income Fund in its US $860 million acquisition of General Chemical Holding Company
-
Cara Operations Limited in connection with its recapitalization transaction including the acquisition of Prime Restaurants Inc.
-
Chartwell Seniors Housing Real Estate Investment Trust in connection with its $931 million acquisition of a Canadian seniors housing portfolio in a 50/50 co-ownership with Health Care REIT, Inc.
-
Target Corporation, in connection with a $1.825 billion acquisition in Canada and establishment of its Canadian operations
-
Chemtrade Logistics Income Fund in its acquisition of Marsulex Inc.
-
Sterling Partners and Canada Pension Plan Investment Board, in connection with their $324 million acquisition of the assets of Livingston International Income Fund.
Latest Insights
-
Osler Update Aug 6, 2021
The Canadian federal interest withholding tax regime
Most payments of interest made by Canadian borrowers to arm’s length non-Canadian lenders do not attract Canadian federal withholding tax, while...
Read more
Community Involvement
- Law Help Ontario, Volunteer
Speaking and Writing
Published Work
- Notional Expenses of a Permanent Establishment: the OECD Rewrites Article 7, XIV:1 (2011) (co-authored with Matias Milet)
Credentials
Education
- Osgoode Hall Law School, J.D.
- McGill University, M.Sc.
- McGill University, B.Sc.
Languages
- English
Professional Affiliations
- Law Society of Ontario
- Canadian Bar Association
- Ontario Bar Association