Blair Keefe > Torys > Toronto, Canada > Lawyer Profile

Torys
79 WELLINGTON STREET WEST, SUITE 3000
BOX 270, TD CENTRE
TORONTO, ONTARIO
Canada

Work Department

Banking & Finance, Insurance

Position

A preeminent figure in the financial services industry, Blair has decades of experience advising Canada’s leading financial institutions on regulatory matters and industry best practices, and has acted as counsel on some of the country’s most complex and novel issues in his field.

Blair is co-head of the firm’s Financial Services, Bank Regulatory and Insurance Regulatory practices, and is co-head of the Payments and Cards Practice. He advises on corporate and regulatory issues relating to financial institutions, as well as on mergers and acquisitions and corporate finance in the financial services industry.

Blair is known for his in-depth understanding of all matters relating to the Bank Act. In addition, he has extensive experience in insurance and bank regulatory matters, banking and debt finance as well as payments and cards.

Career

Ontario Bar, 1989

Memberships

Blair was a member of the Regulatory Advisory Group to the Task Force for the Payments System Review in 2011, providing advice on regulatory and legal issues related to the payments industry in Canada.

Blair also recently provided advice to the Canadian life insurance industry on the insurance holding company capital regime, and, over the last several years, has provided advice to the Canadian life insurance industry on various government bills, which contained amendments to the financial institutions statutes.

In his capacity as Co-Chair of the Financial Services Legislative Reform Committee of the Canadian Bar Association, Blair appeared as a witness before the House of Commons Finance Committee on Bill C-67 (which implemented branch banking in Canada for foreign banks in 1999).

While on secondment to the Canadian Bankers’ Association, he testified before parliamentary committees, drafted amendments to the legislation and advised the Canadian Bankers’ Association on revisions to the legislation affecting federal financial institutions.

Lawyer Rankings

Canada > Banking and finance

(Hall of Fame)

Blair KeefeTorys

Lawyers at Torysfind business solutions to legal problems’, according to clients. Combining a prominent transactional offering with one of the market’s leading regulatory practices, it impresses with its ability to cover the waterfront on banking and finance issues. The regulatory group had a banner year during 2023/24, which saw high-profile financial institutions expert, Blair Keefe, acting alongside banking and debt finance co-head, Amanda Balasubramanian, to advise Bank of Montreal on its acquisition of the ‘AIR MILES’ reward business of LoyaltyOne, among other marquee bank M&A deals. Additional regulatory specialists include Jill McCutcheon, who co-heads the regulatory practice alongside Keefe; fintech-focused senior counsel Brigitte Goulard; Peter Aziz, who co-chairs the payments area; and next-generation partner Eli Monas. Key transactional partners include the already mentioned BalasubramanianAdam Delean, who contributes extensive experience in advising borrowers and lenders; Calgary-based Kevin Fougere, who is recommended for corporate lending and project finance; Tom Zverina, who maintains a broad debt finance practice; and Calgary-based senior associate Tyrel Henderson. Named lawyers are based in Toronto unless otherwise stated.

Canada > Insurance

(Leading partners)

Blair KeefeTorys

According to satisfied clients, the insurance team at Torys draws on ‘some of the best experts in financial services corporate and litigation work in the country’. The practice is particularly dominant on the corporate and regulatory front, where it is a popular choice to advise insurance corporations on high-profile M&A deals, joint ventures and other highly regulated transactions and compliance matters. Financial services expert Blair Keefe co-heads the insurance regulatory practice and is a first port of call for insurance companies undertaking corporate transactions. Other advisory specialists include Jill McCutcheon; senior counsel Kelly Morris; and Melissa Prado, who was recently promoted to partner. Litigation and dispute resolution chair Linda Plumpton is the key contact for contentious insurance work and contributes significant experience in precedent-setting regulatory and coverage disputes. Litigator David Outerbridge is also noted for insurance disputes, including product liability claims, environmental claims and class actions. Named lawyers are based in Toronto.