Rogers Sugar Inc.

Acted for Rogers Sugar Inc. with the issuance, on a bought deal basis, of C$115-million aggregate principal amount of convertible unsecured subordinated debentures, including the full exercise of the over-allotment option by the underwriters.

Caisse de dépôt et placement du Québec

Acted for Caisse de dépôt et placement du Québec and CDP Financial Inc. with the offering by CDP Financial of US$1.5-billion of Series 22 notes due 2030 under its Senior Notes Program.

Velan Inc.

Acting for Velan Inc. in the proposed US$143-million divestiture of its asbestos-related liabilities to an affiliate of Global Risk Capital LLC.

Velan Inc.

Acting for Velan Inc. in the proposed sale of its French subsidiaries, Segault SAS and Velan S.A.S., to Framatome SAS for total proceeds of €192.5 million.

Rogers Communications Inc.

Acted for Rogers Communications Inc. in a C$1-billion Canadian private placement of fixed-to-fixed rate subordinated notes. 

Groupe Dynamite Inc.

Acted for Groupe Dynamite Inc., a Canadian women's clothing retailer, in its C$300-million initial public offering of subordinate voting shares, valuing the company at C$2.3 billion.

Novacap Management Inc.

Acted for Novacap, a leading Canadian private equity firm, in connection with the rollover of its investment in the approximately $6.3-billion privatization of Nuvei Corporation to a new continuation vehicle and other Novacap funds.

Scotia Capital Inc.

Acted for Scotia Capital Inc., BMO Nesbitt Burns Inc., TD Securities Inc. and a syndicate of agents in Videotron Ltd.’s inaugural C$1-billion offering of investment grade bonds, comprised of C$600 million of 4.65% Series 1 Senior Notes due July 15, 2029, and C$400 million of 5% Series 2 Senior Notes due July 15, 2034.

Searchlight Pharma Inc.

Acted for the shareholders of Searchlight Pharma Inc., a top-growth Canadian specialty and innovative branded pharmaceutical company, in connection with the sale of their 100% interest to Apotex Inc.

Odace Investment Consortium Inc.

Acted for Odace Investment Consortium Inc., an alternative asset manager specialized in the transportation industry, with its acquisition of Boisjoli Transport Inc.

Rogers Sugar Inc.

Acted for Rogers Sugar Inc. in its C$117.9-million equity offering, comprised of a C$57.5-million public offering and C$60.4-million concurrent non-brokered private placements to Fonds de solidarité des travailleurs du Québec (F.T.Q.) and Belkorp Industries Inc., the net proceeds of which will be used to fund a portion of its C$200-million sugar capacity expansion project. 

IOU Financial Inc.

Acted for IOU Financial Inc., a fintech company listed on the TSX-V, in its sale to 9494-3677 Québec Inc., a corporation created by a group composed of funds managed by Neuberger Berman, Palos Capital and Fintech Ventures, for an all-cash consideration.

Rogers Communications Inc.

Acted for Rogers Communications Inc. in a C$3-billion Canadian private placement of senior notes issued across four tranches.

Caisse de dépôt et placement du Québec

Acted for Caisse de dépôt et placement du Québec and CDP Financial Inc. with the series 16 offering by CDP Financial of US$1.5 billion of senior notes due in 2028 under its Senior Notes Program.

Caisse de dépôt et placement du Québec

Acted for Caisse de dépôt et placement du Québec and CDP Financial Inc. with the reopening of the series 15 offering by CDP Financial of US$350 million of senior notes due in 2025 under its Senior Notes Program.

BELLUS Health Inc.

Acted for BELLUS Health Inc. in its US$2-billion sale to GSK plc, a British-based pharmaceutical company.

Caisse de dépôt et placement du Québec

Acted for Caisse de dépôt et placement du Québec and CDP Financial Inc. in the reopening of the series 15 offering by CDP Financial of US$500 million of senior notes due in 2025 under its Senior Notes Program

Slate Asset Management

Acted for Slate Asset Management, the manager and a unitholder of Slate Office REIT, in connection with G2S2 Capital’s activist campaign for board seats at the 2024 annual meeting of unitholders of Slate Office REIT.

Cominar REIT

Acted for Cominar REIT, one of Canada's largest diversified real estate investment trusts and the largest commercial property owner in Québec, in its C$5.7-billion sale to Iris Acquisition II LP, which is an entity created by a consortium led by Canderel Real Estate Property Inc., one of Canada's largest privately held real estate companies.

Caisse de dépôt et placement du Québec

Acted for Caisse de dépôt et placement du Québec and CDP Financial Inc. in connection with an offering by CDP Financial of CAD $1.25 billion of Senior Notes under its Senior Notes Program.

Interview, Les Affaires, "Cédeurs, sortez de l’ombre!"; Online

Mar. 19, 2025 - Read the article (in French).

Le repreneuriat, un nouveau souffle pour l’économie d’ici, co-author

Feb. 25, 2025 - La Presse
Read the article (in French).

Bill S-285: A Canadian Contribution to the Stakeholder Governance Debate

June 11, 2024 - Senator Julie Miville-Dechêne recently introduced the 21st-Century Business Act (Bill S-285), a Senate public bill that proposes substantive amendments to the Canada Business Corporations Act (CBCA). The legislative proposal seeks to define the “purpose” of business corporations...

Doing Business in Canada 2023, contributor

Nov. 14, 2023 - Davies’ Doing Business in Canada guide provides executives, in-house counsel and foreign investors with an overview of the legal framework governing Canadian business operations and outlines key considerations for investing and conducting business in Canada…

Business Roundtable Issues Expanded “Corporate Purpose” Statement, with Commitment to All Stakeholder Interests

Aug. 27, 2019 - The Business Roundtable, an association of CEOs of major U.S. corporations, recently issued its “Statement on the Purpose of the Corporation. ” The statement underscores the Business Roundtable’s commitment to all stakeholders of corporations, including their customers, employees, suppliers,...

Sébastien Roy Interviewed by Lexpert about Dealmaking in the Maple Syrup Business

Feb. 13, 2018 - Davies partner Sébastien Roy was recently interviewed for a Lexpert Magazine article about transactions in the maple syrup industry, including Rogers Sugar’s (RSI’s) $160.3-million acquisition of L.B. Maple Treat (LBMT) last August. Sébastien believes it was the right time for RSI and...

Multijurisdictional Disclosure System: Offering Securities and Reporting in the United States Using MJDS

Sept. 21, 2015 - The multijurisdictional disclosure system (MJDS) permits eligible Canadian issuers to publicly offer securities in the United States by using a prospectus that is prepared principally in accordance with Canadian disclosure requirements. The MJDS also enables these issuers to substantially satisfy...

Let’s Meet Halfway: CSA Adopts Amendments to Streamline Venture Issuers’ Disclosure

Apr. 15, 2015 - On April 9, 2015, the Canadian Securities Administrators (CSA) announced the adoption of amendments to continuous disclosure, governance and prospectus disclosure requirements (the Amendments).¹ Most of the Amendments streamline the disclosure requirements for venture issuers and aim to...

Public Offering: Prospectus Regime

Sept. 30, 2012 - JurisClasseur Québec, Corporate Law Collection, 2021 Updated Edition (Montréal: LexisNexis Canada)