Craig Lockwood - Litigation Lawyer

Craig Lockwood

Partner, Litigation

Key Contact: Product Liability

Contact Information

tel: 416.862.5988



Craig has extensive experience in class proceedings, product liability matters, securities regulation, commercial banking litigation and pension litigation. Craig has appeared at all levels of the Ontario, Québec, British Columbia and New Brunswick courts, and, on multiple occasions, before the Supreme Court of Canada. Craig is a leader in our litigation group, having worked on some of the largest class action proceedings in Canadian history. Craig is currently a member of the Ontario Securities Commission's Securities Proceedings Advisory Committee, which provides advice on a variety of policy and procedural initiatives relating to proceedings before the OSC’s administrative tribunal. He is a key contact for the Osler Product Liability and Food Products Practice Group.

He is recognized as a leading litigation and alternative dispute resolution practitioner by Lexpert, Benchmark Litigation and The Best Lawyers in Canada.

    • Represented Wheaton Precious Metals Corp. before Ontario Superior Court of Justice in its successful defence of a proposed national securities class action seeking tens of millions in damages for alleged public misrepresentations relating to its tax filings
    • City of Toronto in connection with Union Station Litigation
    • Just Energy Group Inc. in connection with its $1.1 billion recapitalization transaction
    • Represented TransUnion in defence of a proposed national privacy class action relating to a data breach
    • Trial counsel in the largest class action in Canadian history, in the context of companion product liability common issue trials
    • Represents a group of pharmaceutical manufacturers in the defence of multiple class actions commenced across the country in respect of opioid products, including a novel statutory action commenced on behalf of the provincial governments
    • Participated in a special committee investigation of a major publicly traded company in response to proceedings commenced by domestic and international securities regulators
    • Represented KRIM Biopharma Inc., as well as its directors, with respect to the defence of a breach of contract and oppression claim brought by Stiefel Laboratories, Inc. in the Ontario Superior Court seeking $200 million in damages
    • Represented a Canadian commercial bank in the context of national class proceedings brought in respect of credit card fees
    • Represented a Canadian financial institution in the context of a commercial lending dispute
    • Represented an international pharmaceutical company in respect of a product liability class proceeding
    • Appeared before the Ontario Securities Commission in the context of various shareholder disputes
    • Represented a Canadian commercial bank in the context of multi-jurisdictional litigation relating to allegations of investment fraud
    • Appeared before the Supreme Court of Canada on behalf of a major Canadian pension fund in respect of a pension surplus representative proceeding
    • Intervened at the Supreme Court of Canada on behalf of the Canadian Bar Association in the Blood Tribe appeal
    • Represented publicly-traded Canadian companies with respect to regulatory investigations pertaining to option grants

  • Chambers Canada: Canada’s Leading Lawyers for Business: Recognized in Litigation: Products Liability; Litigation: Securities (Ontario)
  • The Canadian Legal Lexpert Directory: Recognized in Class Actions; Litigation - Corporate Commercial
  • Best Lawyers in Canada: Recognized in Class Action Litigation; Product Liability Law; Corporate and Commercial Litigation; "Lawyer of the Year", Class Action Litigation Law (2023)
  • Benchmark Litigation Canada: Recognized in Arbitration; Dispute Resolution; Product Liability and Recall (Litigation star)

  • Pro Bono Law Ontario, Appeals Assistance Program
  • Certified Advocates’ Society Instructor

  • Canadian Bar Association
  • Law Society of Ontario
  • Advocates’ Society
  • The Defense Research Institute (DRI)
  • Ontario Securities Commission's Securities Proceedings Advisory Committee

  • Director & Officer Liability: Common Law Liability and the Oppression Remedy, Commercial Litigation and Arbitration Review, Vol. 5, No. 2, cited as C.L.A.R., May, 2016.
  • Defamation and the Internet: Baglow v. Smith, Osler Insights, June 20, 2012.
  • Re-Arranging the Arrangement Landscape:The Implications of Re Magna International Inc. (C. Lockwood and L. Tomasich), Canadian Bar Review, Vol. 89, No. 3 (2011).
  • The Derivative Action: The Evolving Test for Leave and the Role of Business Judgment, Canadian Institute Securities Litigation Conference, April 20-21, 2009 (co-authored with Chris Naudie and Denise Sayer).
  • Waiver of Tort: Its Place in Class Proceedings, The Canadian Institute's Forum on Product Liability and Recalls, May 28, 2008 (co-authored with A. Gatti).
  • Increasing Risks For Directors, Officers and Auditors: Avoiding Liability in Today's World of Accountability, The Canadian Institute’s 4th Annual Advanced Forum on Securities Litigation, November, 2004 (with David S. Morritt).
  • Contributing Editor of the Commercial Litigation Journal (Federated Press).
  • Bullen & Leake & Jacob’s Canadian Precedents on Pleadings (2nd Edition), “Corporate Pleadings” (w/ L. Lowenstein and R. Carson).
  • Completed the Osgoode Professional Development programs in (i) Intensive Trial Advocacy and (ii) Written Advocacy.