Tax
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.
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
Practice head
The lawyer(s) leading their teams.
Jerald Wortsman