Firoz Ahmed | Tax Lawyer in Toronto

Firoz Ahmed

Partner, Tax

Contact Information

fahmed@osler.com

tel: 416.862.6696

Office

Toronto

Bar Admission

Ontario, 1986

Education

  • Queen’s University, LL.B.
  • Carleton University, B.Comm.

Language(s)

English

Firoz specializes in the taxation of mergers and acquisitions, corporate reorganizations, debt restructurings, partnership arrangements and international taxation. He has written articles and presented papers on a number of income tax subjects for the International Tax Review, Journal of International Taxation, Canadian Tax Journal and the Tax Executives Institute. Firoz has been seconded to the Rulings Directorate of Revenue Canada, Taxation as a senior rulings officer in the corporate reorganizations section.

  • Special Committee of Tricon Residential

    Special Committee of Tricon Residential in its US$3.5 billion acquisition by Blackstone

  • Dream Industrial REIT

    Dream Industrial REIT in its $5.9 billion acquisition, in partnership with a leading global sovereign wealth fund, of Summit Industrial Income REIT

  • Apollo Global Management Inc.

    Apollo Global Management in its $3.3 billion acquisition of Great Canadian Gaming Corporation

  • Dream Industrial REIT

    Dream Industrial REIT in its $850 million European logistics portfolio acquisition and associated financing

  • Drax Group plc

    Drax Group plc in its acquisition of Pinnacle Renewable Energy

  • Just Energy Group Inc.

    Just Energy Group Inc. in connection with its $1.1 billion recapitalization transaction

  • Power Financial Corporation

    Power Financial in its reorganization transaction with Power Corporation

  • Dream Global REIT

    Dream Global REIT in its $6.2 billion acquisition by Blackstone

  • Entertainment One

    Entertainment One in its US$4 billion acquisition by Hasbro

  • BC Partners

    BC Partners in the $5.2 billion recapitalization of GardaWorld

  • Essar Steel Algoma

    Algoma Steel Inc. and certain senior secured term lenders in Canada in Algoma’s acquisition of substantially all the assets of Essar Steel Algoma in connection to a restructuring under the CCAA

  • Morgan Stanley

    Morgan Stanley in its acquisition of Solium Capital for $1.1 billion

  • Concordia International Corp.

    Osler advises the Secured Debtholder Committee of Concordia International Corp. in connection with US$3.7 billion recapitalization transaction

  • South32

    South32 in its $2.1 billion acquisition of Arizona Mining

  • Mitel Networks Corporation

    Mitel in its sale to affiliates of Searchlight Capital Partners for US$2 billion

  • GFL Environmental Inc.

    Investors led by BC Partners and Ontario Teachers' Pension Plan in the $5.125 billion recapitalization of GFL Environmental Inc.

  • Blackstone-Led Consortium

    Blackstone-Led Consortium in its $20 Billion Partnership Agreement with Thomson Reuters

  • RSM US LLP

    RSM US LLP in the launch of RSM Canada

  • Corus Entertainment Inc.

    Corus Entertainment Inc. in the proposed sale of specialty channels to Bell Media Inc. for approximately $200 million

  • Hydro One Limited

    Hydro One Limited in its offering of $1.4 billion 4.00% convertible unsecured subordinated debentures represented by installment receipts.

  • Hydro One Limited

    Hydro One in its proposed $6.7 billion acquisition of Avista

  • Stryker Corporation

    Stryker Corporation in its acquisition of NOVADAQ Technologies Inc.

  • Tervita Corporation

    Tervita Corporation completes $3.5 billion recapitalization transaction under the Canada Business Corporations Act

  • Mitel Networks Corporation

    Mitel in its proposed $1.96 billion acquisition of Polycom

  • Whistler Blackcomb Holdings Inc.

    Whistler Blackcomb Holdings Inc. in its $1.4 billion acquisition by Vail Resorts

    • General Electric in the division of the operations of its main Canadian subsidiary into separate entities in furtherance of the spin-off of GE’s healthcare business, creating GE HealthCare Technologies Inc.
    • IBM Canada in respect of IBM Corporation's spin-off of Kyndryl
    • SmartREIT in connection with the acquisition of the remaining assets of OneREIT by way of a plan of arrangement
    • Corus Entertainment Inc. in connection with its proposed $2.65 billion purchase of Shaw Media Inc. from Shaw Communications Inc.
    • Tim Horton’s Inc. in its combination with Burger King
    • Magna International Inc. in connection with its acquisition of Getrag GKA
    • Talisman Energy Inc. in its acquisition by Repsol

     

    Private Transactions

    Firoz has been extensively involved in the reorganizing of numerous corporate groups as well as in planning acquisitions and dispositions of foreign operations by Canadian corporations

  • Find More

  • Chambers Canada: Canada’s Leading Lawyers for Business: Band 1, Tax
  • Chambers Global: The World’s Leading Lawyers for Business: Recognized in Tax (Star Individual): Band 1, Tax
    • "His communication is excellent. He can distil issues and describe risks and has the ability to make suggestions on how we can adapt to allow us to better achieve our objectives."
  • The Canadian Legal Lexpert Directory: Recognized in Corporate Tax; Toronto’s leading corporate tax lawyers in 2021
  • The Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada: Recognized in Corporate Tax
  • Best Lawyers in Canada: Recognized in Tax Law
  • Legal 500: Recognized in the Hall of Fame in Tax
  • International Tax Review: Recognized in General Corporate Tax as a Highly Regarded lawyer 
  • Who’s Who Legal: Thought Leaders: Recognized in Corporate Tax - Advisory
  • Who’s Who Legal: International: Recognized in Corporate Tax - Advisory
  • Who’s Who Legal: Canada: Recognized in Corporate Tax

  • Canadian Tax Foundation
  • International Fiscal Association
  • Canadian Bar Association

  • 2016 Proposed Changes to Subsection 55(2) (20th Taxation of Corporate Reorganization Conference)
  • 2015 Taxation of Corporate Reorganizations – Current Issues and Future Trends