Lynne Lacoursière

Lynne is co-chair of the Executive Compensation practice. Her practice focuses on executive compensation, employee benefits and employment law issues in Canadian and U.S. public and private M&A transactions, initial public offerings and other business transactions. She counsels public and private company clients on executive compensation arrangements, including design, corporate governance considerations, implementation, and ongoing compliance. She has unique expertise advising on cross-border executive compensation arrangements and is one of only a few lawyers in Canada with this specific expertise.

Representative Work

  • Hi-Pro Feeds, a portfolio company of Birch Hill Equity Partners, in its sale to Nutreco N.V.
  • Aurigen Re in its acquisition by PartnerRe Ltd.
  • Citi in its sale of CitiFinancial Canada, Inc.  to a group of investors led by J.C. Flowers & Co. LLC and Varde Partners
  • Brookfield Asset Management in the spinoff of its business services and industrial operations to create Brookfield Business Partners L.P.
  • Enercare Solutions, a subsidiary of Enercare Inc., in its US$340.75 million acquisition of SEHAC Holdings Corporation (Service Experts)
  • New Flyer in its US$455 million acquisition of Motor Coach Industries International, Inc. from KPS Capital Partners, L.P., and related US$825 million financing to fund the acquisition and refinance New Flyer’s existing US$257 million credit facilities
  • Alamos Gold in its US $1.5 billion merger with AuRico Gold. Inc.
  • Cara Operations in its C$230 million initial public offering of subordinate voting shares
  • Loblaw in its $12.4 billion acquisition of Shoppers Drug Mart Corporation, one of Canada’s most recognized retail brands

Latest Insights

  • Osler Update Dec 11, 2023

    Looking forward on clawbacks

    New listing standards from the New York Stock Exchange and Nasdaq Stock Market came into effect this year, requiring companies to adopt policies...

    Read more
    Looking forward on clawbacks
  • Osler Update Jun 9, 2023

    Give it back! Issues for Canadian companies to consider now in light of pending U.S. compensation clawback rules to become effective later this year

    Canadian issuers listed on a U.S. stock exchange must adopt or revise their policies and practices...

    Read more
  • Osler Update Jan 11, 2023

    2023: Time to revisit your equity plan design and disclosure

    This year, new Canadian non-GAAP disclosure rules and TSX Venture Exchange (TSX-V) listing requirements have had an impact on Canadian issuers...

    Read more
  • Osler Update Oct 7, 2022

    New pay versus performance disclosure requirements coming into effect for issuers providing executive compensation disclosure in accordance with U.S. rules

    The United States Securities and Exchange Commission (SEC) adopted new pay versus performance disclosure requirements which will apply to proxy...

    Read more
View all Insights

Media Mentions

  • Media Mentions Aug 8, 2018

    Managing compensation in M&A — Canadian Lawyer Magazine

    The compensation of company executives in M&A transactions has evolved as shareholder expectations grow, according to an article in Canadian...

    Read more
  • Osler News Sep 11, 2017

    Osler welcomes new corporate partner Lynne Lacoursière to our Toronto office

    Osler is pleased to welcome Lynne Lacoursière as a partner and Co-Chair of our Executive Compensation Practice Group.

    Read more

Speaking and Writing

Speaking Engagements

speaker 10/6/2018
CBA/ABA/IPEBLA Global Pension and Employee Benefits Lawyers Conference
Read more
speaker 20/2/2018
EHG 101 series: U.S. and Canadian compensation issues for startups
Read more

Published Work

  • The CRA Issues Guidance on the Deductibility of Certain Share-based Compensation, Journal of Taxation of Executive Compensation and Retirement
  • CCCA National Conference, The Good Shepherd: Managing Executive Recruitment and Departures (Speaker)
  • Synergy Client Conference (Speaker)
  • Quoted in Canadian Lawyer MagHigh-stakes compensation, July 2017



  • McGill University, LL.B./BCL
  • McGill University, B.Comm.


  • English

Professional Affiliations

  • Editorial Board, Journal of Taxation of Executive Compensation and Retirement