
Striking a balance between regulatory and transactional work, Blake, Cassels & Graydon LLP’s banking and finance team stands out for its deep bench and ability to cover all key pillars of the industry. Among the names to note, Paul Belanger is recognized as a leading light for financial regulation, where he is sought after by Canada’s ‘Big Five’ banks alongside major global institutions, insurance companies, and other financial services providers. Belanger is acting alongside rising regulatory specialist, Vladimir Shatiryan, to advise Royal Bank of Canada (RBC) on the regulatory aspects of its C$13.5bn acquisition of HSBC Bank Canada. The regulatory group also includes experienced expert Jacqueline Shinfield; regulatory department lead Bonny Murray, who is noted for her close relationships with US banks operating in Canada; and next-generation partner Mena Bellofiore, who focuses on consumer protection issues in the financial services sphere. Michael Matheson steers the transactional practice and recently advised the Bank of Montreal-led lending syndicate on a $450m credit facility to support Birch Hill Equity Partners’ acquisition of Parklawn Funeral Homes. Other recommended transactional names include Simon Finch, who contributes expertise in representing both lenders and borrowers; Calgary-based Michael McIntosh KC, who is a go-to for big-ticket energy and natural resources financings; and Calgary’s Andrew Kolody, who also brings extensive energy-related experience. Named lawyers are based in Toronto unless otherwise stated.
Legal 500 Editorial commentary
Key clients
- Advent International
- Bank of Montréal
- Canadian Imperial Bank of Commerce
- Coastal GasLink Pipeline Limited Partnership
- OMERS Capital
- Royal Bank of Canada
- Scotiabank
- Strathcona Resources
- TC Energy Corporation
- TD Bank Group
Work highlights
Advised Royal Bank of Canada on its C$13.5bn acquisition of HSBC Bank Canada.
Advised Coastal GasLink Pipeline Limited Partnership on a C$7.1bn offering of senior notes for the construction of the Coastal GasLink Pipeline project.
Advised Advent International on its $6.3bn acquisition of Canadian fintech payment platform Nuvei Corporation.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Michael Matheson; Bonny Murray
Other key lawyers
Paul Belanger; Vladimir Shatiryan; Jacqueline Shinfield; Mena Bellofiore; Simon Finch; Michael McIntosh KC; Andrew Kolody; Jennifer Hancock






