Gordon Baird > McCarthy Tétrault > Toronto, Canada > Lawyer Profile

McCarthy Tétrault
66 Wellington Street West
Suite 5300, TD Bank Tower Box 48
Toronto ON M5K 1E6

Work Department

Banking & Finance


Focuses on lending and secured transactions, with particular emphasis on the power, financial services, financial market infrastructure, private equity, and communications industries. Regularly acts for banks, non-bank lenders and borrowers on domestic, cross-border and international debt transactions. Recent transactions include acting for lenders to hydro-electric, wind and solar generation facilities, both at the operating level, the holding company level, and the super holding company level, acting for central clearing parties on liquidity facilities of various types, including by way of a syndicated repurchase and reverse repurchase transactions, acting for pension fund related commercial paper issuers and a financial institution on their backstop liquidity facilities, acting for lenders providing capital call facilities, subscription facilities, net asset value facilities and hybrid facilities to domestic and international private equity funds, acting for lenders on single lender and syndicated margin loans secured by significant blocks of public company securities, including in the context of a take-over bid, financing acquisitions of hydro-electric generation projects, financing a government payment stream relating to the cessation of coal powered generation, and, acting for lenders and borrowers on the financing of infrastructure projects in Canada and the United States.


Ontario Bar, 1991


Canadian Bar Association

Lawyer Rankings

Canada > Banking and finance

The banking and finance practice at McCarthy Tétrault strikes a balance between transactional and regulatory mandates, while the firm’s comprehensive national network also ensures that work is well weighted between Canada’s key business hubs. In Toronto, Richard Higa is sought after for transactional matters; he acted as Canadian counsel to Golub Capital Markets, and a syndicate of lenders, on the financing of Excelitas Technologies Corp. Other transactional specialists in Toronto include Gordon Baird; Justin Lapedus; and project finance specialist Stephen Furlan. Additionally, Joseph Palin and counsel Michel Deschamps are noted for lending deals in Calgary and Montreal respectively. The deep and broad group also includes regulatory and fintech expert Ana Badour, who recently acted alongside Hartley Lefton to advise Novacap on the regulatory aspects of its partnership with online financial marketplace, Ratehub.ca. Other key contacts include Ian Mak; recently promoted partner Noel Chow; and debt capital markets expert Marc MacMullin, who leads the overarching financial services group — all are focused on transactions and based in Toronto. Mary Jeanne Phelan departed in October 2023.