Alain  Fournier

Alain Fournier

Partner, Taxation

Contact Information

tel: 514.904.5390



Bar Admission

Québec, 2003


  • Université de Sherbrooke, Taxation Master Program, 2002
  • Université Laval, LL.B., 2000


English, French

Alain works exclusively in the field of tax, and in particular with expertise in mergers and acquisitions, public and private financing and corporate reorganisations. He is an active member of the Canadian Bar Association, the Canadian Tax Foundation, the Association de planification fiscale et financière (APFF) as well as the International Fiscal Association. Alain is also a member of the Montreal Regional Activities Committee of the APFF and wrote on numerous topics relating to tax laws and is also a speaker at different conferences on tax matters.

  • Flinks

    Flinks in the acquisition by National Bank of Canada of a majority stake for $103 million

  • Blockstream

    Blockstream in its US$210 million Series B financing round

  • Lightspeed Commerce Inc.

    The Underwriters in Lightspeed Commerce Inc.’s US$823.5 million public offering (including full exercise of the over-allotment option)

  • TRC Companies Inc.

    TRC in its acquisition of Quatric

  • Perpetua

    Perpetua in its US$52 million acquisition by Ascential

  • Dialogue Health Technologies Inc.

    Dialogue in its $100 million IPO

  • Textron Inc.

    Textron Inc. in its sale of TRU Simulation Inc + Training Inc., to CAE Inc. for US$40 million

  • Xebec Adsorption Inc.

    Xebec Adsorption Inc. in its bought deal public offering and concurrent private placement of subscription receipts and its acquisition of Green Vision Holding B.V., the parent company of HyGear Technology and Services B.V.

  • Element AI

    Element AI in its acquisition by ServiceNow

  • Messier, Savard & Associés Inc.

    Messier, Savard & Associés Inc. in its acquisition of Le Mirage golf club

  • Frank and Oak

    Modasuite Inc., doing business as Frank and Oak completes sale transaction

  • Bristol Myers Squibb

    Bristol Myers Squibb in its acquisition of Forbius

  • Flinks

    Flinks in its $16 million financing round

  • Dream Office REIT

    Dream Office REIT in its $322.5 million sale of 700 De La Gauchetière Street West to Allied Properties REIT

  • Radical Ventures L.P.

    Radical Ventures in the launch of a new $471 million fund.

  • Lightspeed POS

    The Underwriters in connection with Lightspeed POS’ $276 million IPO

  • Katana Biopharma

    Katana Biopharma in its acquisition by Theratechnologies

  • iNovia Capital

    iNovia Capital in its $796 million financing for two new venture funds

  • Vervent Audio Group

    Vervent Audio Group in its acquisition of Audio Plus Services & Plurison

  • Hopper Inc.

    Hopper Inc. in its Series D Financing Round of US$100 million

  • Caprion Biosciences

    Caprion Biosciences in its acquisition of Primity Bio

  • Concentric Agriculture Inc.

    Concentric Agriculture Inc. (previously: Inocucor Technologies Inc.), in its acquisition of ATP Nutrition Inc.

  • Alithya Group Inc.

    Alithya Group Inc., in its going public transaction by way of a business combination with Edgewater Technology, Inc. and completion of a $52.8 million concurrent private placement

  • Venzee Inc.

    Venzee Inc. in connection with its going public transaction through the reverse takeover of a TSXV listed issuer renamed Venzee Technologies Inc.

  • Imagia Cybernetics Inc.

    Imagia Cybernetics Inc. in its acquisition of Cadens Medical Imaging

    • Osler has assisted SweetIQ Inc. in respect of its acquisition by ReachLocal, a USA TODAY NETWORK company and a part of Gannett Co., Inc. a company listed on the New York Stock Exchange.
    • Persistence Capital Partners, in connection with the subscription of Class C Shares in the capital of Rx Drug Mart Inc., a company specializing in the business of acquiring, consolidating and operating pharmacies across Canada.
    • Caprion Biosciences Inc., in its recapitalization and acquisition by GHO Capital Partners LLP
    • TeraXion Inc., in its sale of its high-speed indium phosphide and silicium photonics technologies as well as its underlying intellectual property to Ciena Canada Inc. at a purchase price of US$32 million.
    • Hopper Travel in its various financings totalling over $100 million, including by Atlas Ventures and Omers Ventures.
    • Accedian Networks in its various financings, including the $25M financing by Summit Capital and Rho Capital
    • Inocucor Technologies Inc., in connection with the first tranche closing of a Series B financing led by TPG ART.
    • H.I.G. Capital (through an affiliate), as Canadian counsel to the purchaser in connection with the acquisition of ATX Networks Corporation.
    • The minority shareholders of iBwave Solutions Inc., an industry leader in design software for in-building wireless solutions for a wide range of customers and integrators, in relation to its sale to Corning Incorporated, a company listed on the New York Stock Exchange with a market capitalization of approximately $28 billion.
    • Radialpoint SafeCare Inc., in relation to the sale of its Technical Security Services Business to AppDirect Canada Inc.
    • TPG Capital LP in connection with its proposed acquisition of Cirque du Soleil, the most important private investment transaction completed in 2015
    • DAVIDs TEA in its initial public offering for aggregate gross proceeds to the company of $64.9 million.
    • Pharmascience Inc., in relation to the acquisition of Uman Pharma Inc. from CFR International S.p.A., an affiliate of Abbott Laboratories, and UPGI Pharma Inc.
    • Chemtrade Logistics Income Fund in connection with the sale of its Montreal East sulphur removal and compliance services business to Suncor Energy Products Inc. for $120 million.
    • MEGA Brands in connection with its proposed US$460 million acquisition by Mattel.
    • Canadian counsel to the initial purchasers in connection with the secondary private placement by CDP Capital d'Amérique Investissements Inc., a subsidiary of Caisse de dépôt et placement du Québec, of $305 million convertible unsecured subordinated debentures of Quebecor Inc.
    • Turris Sites in its sale of a controlling interest to InSite Wireless of the United States.
    • Fiera Capital Corporation (formerly Fiera Sceptre Inc.), in its acquisition of substantially all of the assets of Natcan Investment Management Inc. from National Bank of Canada for $309.5 million, subject to reduction.
    • CGE Resources Québec 2011 L.P., a flow-through fund investing in mining and resources issuers, in connection with its initial public offering.
    • Goldman, Sachs & Co., Morgan Stanley, BofA Merrill Lynch, RBC Capital Markets and other initial purchasers in connection with an offering of US$5 billion principal amount of senior notes by CDP Financial Inc., the financing arm of the Caisse de dépôt et placement du Québec.
    • National Bank Financial, BMO Nesbitt Burns, RBC Capital Markets and the other dealers in connection with an offering of $2 billion principal amount of senior notes by CDP Financial Inc., the financing arm of the Caisse de dépôt et placement du Québec.
    • Oz Communications Inc. in its sale to Nokia Corporation.
    • Genuity Capital Markets, BMO Nesbitt Burns and the rest of the underwriting syndicate in Miranda Tech.
  • Find More

  • The Canadian Legal Lexpert Directory: Recognized in Corporate Tax
  • Best Lawyers in Canada: Recognized in Tax Law

  • Canadian Bar Association
  • Canadian Tax Foundation
  • Association de planification fiscale et financière (APFF)
  • International Fiscal Association

  • Notion de contrôle, un concept à maîtriser, Canadian Tax Foundation, July 2019.
  • Impact of 2019 Federal Budget on equity compensation, Osler, April 2019.
  • Droits sur les mutations immobilières : aspects pratiques pour les fiducies et les sociétés de personnes, APFF, September 2018.
  • Revue des développements récents affectant la fiscalité québécoise, APFF, March 2018.
  • Mise à jour sur le contrôle de fait et le contrôle de droit, APFF 2017 Annual Congress.
  • Droits de mutation dans un contexte transactionnel, Colloque « Réorganisation d'entreprises et transactions commerciales », APFF 2017.
  • Mise à jour sur les earn-out, APFF 2015 Congress.
  • Consolidation des pertes et des attributs fiscaux dans un groupe corporatif, 2014 APFF Congress.
  • “Mathieu v. The Queen: When a Reassessment Results in a Windfall for the Taxpayer”, 24(4) Taxation of Executive Compensation & Retirement, Federated Press, Vol. 24, No. 4, November 2014 (With David Wilson).
  • Contrôle de jure et de facto : Concept et évolution, 2013 APFF Congress.
  • Article 44.1 : Overview, technical interpretations and issues, Canadian Tax Foundation, 2013.
  • Workshop on Section 85 rollover, Canadian Tax Foundation, 2012.
  • Non-income tax considerations on the sale of a business, Canadian Tax Foundation, 2012.
  • Paragraphs 110(1)(d) and 7(1)(e): a CRA policy shift?, Federated Press, Vol. 24, No 1, July/August 2012.
  • Recent Case: Bozzer v. Her Majesty the Queen, Taxation and Corporate Organization and Reorganization, Federated Press, Vol. II, no. 91, 2011 (co-author Mark Brender).
  • Les conventions de vente d'actifs et d'actions, Stratégies pour les vendeurs et acheteurs, L'Institut Canadien, 2010 (with Antoine Stébenne).
  • Québec Releases Detailed Measures to Combat Aggressive Tax Planning Schemes, Corporate Structures and Groups, Federated Press, Vol. XI, no. 2, 2009 (co-author Mark Brender).
  • When Corrections of Mistakes in the Implementations of a Corporate Reorganization Become Retroactive Tax Planning - Gestion Forêt Dale Inc. v. The Queen, Taxation of Corporate Organization and Reorganization, Federated Press, Vol. II, no. 78, 2009 (co-author Mark Brender).
  • Utilisation de pertes dans un groupe corporatif, 2009 APFF Congress.
  • Quoi faire avant la tempête, Colloque « entreprises en difficultés financières », APFF 2009 (with Elaine Marchand).
  • The 2008 Quebec Budget and Employee Stock Option Benefits, 19(3) Taxation of Executive compensation & Retirement (Federated Press) 896-97 (with Dov Begun).
  • Interprétations techniques récentes, 2006 APFF Congress.