Clients trust Chris for his practical advice and his ability to identify the most important issues in their deals.
Chris focuses on Canadian and international tax planning for investment funds, financial institutions, pension funds, mining companies and high-net-worth individuals, including professional athletes and entertainers. He provides tax advice related to cross-border transactions, private and public mergers and acquisitions, reorganizations, debt restructurings, insolvency proceedings, equity compensation plans and spinoffs. Chris also represents taxpayers in disputes with the Canada Revenue Agency and provincial authorities.
Chris chairs the Law Society of Ontario’s Taxation of Real Estate Transactions Conference. He is a co-author of the textbook Canadian Taxation of Trusts. Chris provides pro bono advice to UNITY, an organization that uses arts programming to help youth develop skills for success.
Anson Advisors and Anson Funds Management
Acted for Anson Advisors and Anson Funds Management with the documentation of Anson East Master Fund L.P., a Cayman Islands exempted limited partnership and a Cayman feeder fund. The funds will utilize a range of investment strategies, primarily including investments in publicly-traded equity securities (both short and long common stocks and equity options) to create a concentrated portfolio of best available opportunistic investments in special situations.
Anson Advisors Inc. and Anson Funds Management LP
Acting for Anson Advisors Inc. and Anson Funds Management LP with the structuring and documentation of Anson North Star Tactical Equity Fund L.P., a Cayman Islands exempted limited partnership, with a Canadian feeder formed as a unit trust, a Canadian feeder formed as an Ontario limited partnership, a Cayman Islands feeder and potentially a U.S. feeder fund.
Barrick Gold Corporation
Acting for Barrick Gold Corporation in the US$750-million sale of its 50% interest in Kalgoorlie Consolidated Gold Mines in Western Australia to Saracen Mineral Holdings Limited.
Bank of Montreal
Acted for Bank of Montreal and a syndicate of lenders in the establishment of a $275-million revolving credit facility for Jamieson Laboratories Ltd. and its U.S. subsidiary.
Ironbridge Equity Partners
Acted for Ironbridge Equity Partners on the acquisition and related financing of Alumni Classroom Furniture Inc., a leading manufacturer and distributor of educational furniture for the pre-school through grade twelve market.
Barrick Gold Corporation
Acted for Barrick Gold Corporation in its unsolicited proposal to the Newmont Goldcorp Corporation (Newmont) Board of Directors to merge with Newmont in an all share transaction to combine the world's two largest gold companies. Under the proposal, Barrick shareholders would own approximately 55.9 percent and Newmont shareholders would own approximately 44.1 percent of the combined company with an approximate market capitalization of US$42 billion.
Acted for Fortis Inc. in the sale of its 51% interest in the Waneta Expansion hydroelectric generating facility in British Columbia to Columbia Basin Trust and Columbia Power Corporation for approximately $1 billion.
Barrick Gold Corporation
Acted for Barrick Gold Corporation in its recommended US$18.3-billion share-for-share merger with Randgold Resources Limited. This complex and multijurisdictional transaction created an industry-leading gold company with the greatest concentration of tier one gold assets in the industry and a diversified asset portfolio positioned for growth.
Axium Infrastructure Inc. and The Manufacturers Life Insurance Company
Acted for Axium Infrastructure Inc. and The Manufacturers Life Insurance Company in their joint $1.4-billion acquisition of AltaGas Ltd.'s remaining 55% interest in three hydroelectric projects in northwest British Columbia: the 195 MW Forrest Kerr Hydroelectric Facility, the 66 MW McLymont Creek Hydroelectric Facility and the 16 MW Volcano Creek Hydroelectric Facility.
Canadian Business Growth Fund
Acted for Canadian Business Growth Fund in its investment in Lift Auto Group, a British Columbia-based company and a consolidator of automotive collision repair centres. This is the first investment by the Canadian Business Growth Fund since its inception.
Draft Legislation on the Taxation of Stock Options
June 19, 2019 - The federal government has released much anticipated draft legislation proposing changes to the rules relating to the taxation of stock options. The legislative proposals are expected to come into force on January 1, 2020, and to apply to option agreements entered into after 2019. The release, on...
2019 Federal Budget: Tax Highlights
Mar. 19, 2019 - Budget 2019 is the last federal budget of the current Liberal government before the upcoming federal election in October 2019. Tax-related measures are intended to advance the government’s stated priority of creating a fair tax system. Proposals include changes to the employee stock option rules,...
Chair, Law Society of Ontario, Taxation Issues for Real Estate Lawyers 2018; Toronto, ON
Nov. 20, 2018
2018 Federal Budget: Tax Highlights
Feb. 27, 2018 - As anticipated, today’s federal budget (Budget 2018) focuses on a few targeted areas, including the taxation of passive investments made by private corporations, and does not contain any measures in response to the enactment of tax reform in the United States or relating to the OECD BEPS initiative....
Department of Finance Releases Revised Income Splitting Rules
Dec. 13, 2017 - Earlier this year, the Department of Finance released a set of far-reaching proposals affecting the taxation of private businesses and their shareholders. Only Rip Van Winkle missed the firestorm reaction to these proposals from a broad range of affected parties. Ultimately, the Government...
Canadian Government Proposes Major Changes to the Taxation of Private Corporations
July 18, 2017 - The Canadian Department of Finance released a discussion paper earlier today on tax planning using private corporations. Included with the paper is draft legislation for a couple of the matters discussed in the paper. Finance has requested comments on the discussion paper by October 2, 2017....
International Fiscal Association Canada, 2017 IFA International Tax Conference, “YIN In-Depth: F/X Essentials”; Toronto, ON
Apr. 25, 2017
2017 Federal Budget: Tax Highlights
Mar. 22, 2017 - The Liberal government’s second budget (Budget 2017) comes during a period of exceptional global political and economic uncertainty. Of particular importance from a Canadian economic and tax policy perspective is the uncertainty about how the Trump administration’s agenda will unfold in the coming...
Canadian Taxation of Trusts, co-author
Dec. 31, 2016 - (Toronto: Canadian Tax Foundation)
Upcoming Changes to Ontario Land Transfer Tax Rates
Nov. 25, 2016 - The province of Ontario is proposing to increase land transfer tax rates with effect from January 1, 2017. The Building Ontario Up for Everyone Act (Budget Measures), 2016 received first reading on November 16, 2016 and is expected to come into force before the end of the year. For...
Chambers Canada: Canada’s Leading Lawyers for Business—Tax
The Legal 500 Canada—Tax (Next Generation Lawyer)
Lexpert Rising Stars: Leading Lawyers Under 40
The Canadian Legal Lexpert Directory—Corporate Tax
The Best Lawyers in Canada—Tax Law
Expert Guides’ Rising Stars