Torys's tax capabilities are centred on advising on M&A and private equity transactions and representing clients in tax litigation. Private equity funds, corporations, pension funds and banks regularly look to the group for support. Toronto-based Jerald Wortsman steers the practice and specializes in domestic and international corporate tax planning, as well as M&A, reorganizations and corporate finance matters. Additional names to note include Gwen Watson, who brings strength to income tax advice; Corrado Cardarelli, who handles corporate, partnership, trust and general business tax work; and Calgary-based Craig Maurice, who has niche expertise in the tax aspects of M&A transactions involving oil and gas, mining and the midstream sector.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘When I work with Torys I feel like I am working with the entire Torys tax practice and not just the individuals I interact with. They are collaborative and bring the right people to the issue at hand.’

  • ‘Corrado Cardarelli has tremendous experience and brings it to new issues. He is brilliant but humble, which allows him to give practical advice on complex matters.'

  • 'Gwen Watson is very technical and practical. She sees and addresses the business issues and doesn't focus exclusively on a tax solution.’
  • ‘Craig Maurice is an excellent and proactive tax lawyer.’

Key clients

  • Bank of Montreal
  • TotalEnergies
  • BroadStreet Partners
  • Brookfield Infrastructure Corporation
  • The Bank of Nova Scotia
  • Pembina Gas Infrastructure and Pembina Pipeline Corporation
  • Sunwing Vacations
  • Champion Petfoods
  • Axium Infrastructure
  • Thomson Reuters Corporation
  • Home Capital Group
  • Executive Platform
  • Oneida Energy Storage
  • Scotia Capital
  • Unilever Canada

Work highlights

  • Assisted Brookfield Infrastructure with its $4.7bn acquisition of Triton International Limited.
  • Assisted TotalEnergies with the C$4.03bn sale of its interest and associated midstream commitments in the Surmont oil sands project located in northeastern Alberta to ConocoPhillips.
  • Assisted Scotiabank with its C$895m sale of its 20% equity interest in Canadian Tire Financial Services to Canadian Tire Corporation.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Jerald Wortsman

Other key lawyers

Gwen Watson, Corrado Cardarelli, Craig Maurice