BLG Deals & Suits

Collingwood General and Marine Hospital acquires land for new acute-care hospital

Mon, 04 May 2026 00:00:00 Z

Collingwood General and Marine Hospital (CGMH) completed the acquisition of a 54-acre site at Poplar Sideroad and Raglan Street for its new acute-care hospital.

The land was secured through a development agreement with the Town of Collingwood in 2023 as part of the Minister's Zoning Order for the Poplar Regional Health and Wellness Village. The acquisition provides long-term flexibility for future growth and supports the hospital's ability to adapt to the needs of the rapidly growing South Georgian Bay region. CGMH is advancing detailed planning as part of Stage 2 of the Ministry of Health's three-stage capital planning process. The Ontario government committed up to $95.5 million in Dec. 2024 to build the new hospital, which will include up to 132 beds and expanded access to key services.

The deal required navigating municipal approvals, development agreements, charity law, reciprocal rights and coordination with Ontario's three-stage capital planning process for healthcare infrastructure - demonstrating the multi-faceted legal work required for major healthcare real estate transactions.

BLG represented Collingwood General and Marine Hospital with a team led by Brennan Carroll that included Samantha Lo, Lee English and Ryma Nasrallah, with further support from Pitman Patterson, Nick Pasquino, Andrew Baker, Sosina Tilahun, and Stella Krutkiewicz.

Lumina Metals Corp. closes its upsized $406 million initial public offering

Thu, 30 Apr 2026 00:00:00 Z

On April 30, 2026, Lumina Metals Corp. (TSX: LMCU) ("Lumina Metals" or the "Company") completed its upsized initial public offering and secondary offering of common shares ("Common Shares") of the Company (the "Offering"). It is the largest Canadian mining IPO since 2021.

The Offering includes a treasury offering by the Company for total gross proceeds of $312,470,000 and a secondary offering of Common Shares held by a selling securityholder of the Company for total gross proceeds of $93,742,500, each at a price of $12.50 per share, for total gross proceeds of $406,212,500.

The Company granted to the Underwriters (as defined below) an over-allotment option (the "Over-Allotment Option") to purchase up to an additional 4,874,550 Common Shares from treasury at a price of $12.50 per Common Share for additional gross proceeds of $60,931,875, if the Over-Allotment Option is exercised in full. The Over-Allotment Option is exercisable, in whole or in part, at any time for a period of 30 days from the closing date of the Offering. If the Over-Allotment Option is exercised in full, the gross proceeds of the Offering will be up to $467,144,375.

The Offering was managed by a syndicate of underwriters, including BMO Capital Markets, National Bank Financial Inc., Morgan Stanley Canada Limited, RBC Capital Markets and CIBC Capital Markets, as co-lead underwriters and joint bookrunners, and Trigon Dom Maklerski S.A., Canaccord Genuity Corp., Haywood Securities Inc., SCP Resource Finance LP and Stifel Canada (collectively, the "Underwriters").

The Common Shares are listed on the Toronto Stock Exchange under the symbol "LMCU".

BLG acted for Lumina Metals with a team comprised of Fred R. Pletcher, Graeme Martindale, Sal Pimentel and Ashley Wong.

REMONDIS Maintenance & Services International GmbH completes acquisition of CIMS

Wed, 15 Apr 2026 00:00:00 Z

On April 15, 2026, REMONDIS Maintenance & Services International GmbH, a Germany‑based industrial services provider, acquired CIMS Limited Partnership, a Canadian industrial maintenance, shut down, capital project, fabrication and modularization services company with operations across British Columbia, Alberta, Saskatchewan, Manitoba and Ontario. The transaction represents REMONDIS' strategic expansion into the North American market and establishes a direct operational presence in Canada.

BLG represented REMONDIS with a team led by Andrian Lozinski and Brandon Evenson that included Shanna Stanley‑Hasnain, Michael Shafarenko, Alexander Gray, Shane Morganstein, Rambod Behboodi, and Stacey Fruin (Corporate/M&A); Justin Cuperfain, Sashin Narayan, Michael Akins, Matthew Gruchey, and Parisa Hurst (Commercial Real Estate); Peter Sullivan and Luca Vita (Financial Services); Andrew Zinman, Lisa Carlson, Laura Mensch, and Tommy Hong (Labour and Employment); Laura Day, Robert Stefanelli, Sarah Sweet, Emily Pitre, Tamara Tomomitsu, Darren Glossop, and Raphael Jacob (Insurance and Tort Liability); Diana Weir and Andre Matheusik (Environmental, Municipal, Expropriation and Regulatory); Daniel A. Boan (Disputes – Commercial and Construction); Any Obando Ospina (Intellectual Property); and Nicholas Burton, Deva Middleton, Alex Caron, Surajreet Singh and Geordie Goodman (Articling Students – Corporate Law).

AtkinsRéalis Group Inc. completes $700 million private offering of unsecured debenture

Mon, 06 Apr 2026 00:00:00 Z

On April 6, 2026, AtkinsRéalis Group Inc. (TSX: ATRL), a world-class engineering services and nuclear company with offices around the world, completed its offering of $400 million aggregate principal amount of 4.411 per cent Series 9 unsecured debentures due June 15, 2031 (the “Series 9 Debentures") and $300 million aggregate principal amount of 4.756 per cent Series 10 unsecured debentures due March 15, 2033 (the “Series 10 Debentures", and together with the Series 9 Debentures, the “Debentures").

The Debentures were offered through a syndicate of agents led by BMO Capital Markets, CIBC Capital Markets and National Bank Capital Markets, as joint bookrunners, and included BNP Paribas (Canada) Securities Inc., RBC Dominion Securities Inc., Scotia Capital Inc., TD Securities Inc., Desjardins Securities Inc. and BofA Securities.

BLG represented AtkinsRéalis with a team led by Tim McCormick that included Francesca Lee and Alex Caron.

Alaris Equity Partners complete $75.3 million investment in Kubik

Thu, 02 Apr 2026 00:00:00 Z

On April 2, 2026, Alaris Equity Partners (TSX:AD.UN) ("Alaris") completed a $75.3 million investment into Kubik LP (Kubik). Kubik is a Toronto based, full-service designer and fabricator of custom tradeshow exhibits, brand activations and immersive environments for museums, handling everything from concept and fabrication to installation and logistics for its global clients.

The $75.3 million Kubik investment consists of a $62.5 million investment in debt and preferred equity as well as an investment of $12.8 million in exchange for a minority common equity ownership in Kubik. The proceeds from the Kubik investment were used to provide partial liquidity to existing Kubik shareholders.

BLG represented Kubik with a team led by Stefan Timms that included Stephen Nguyen, Valérie Olivier, Julia Russell and Mark Abdelsayed (Corporate); Steve Suarez and Jamin Chen, Jingcai Ying (Tax); Christine Mason and Luca Vita (Financial Services); Noah Burshtein and Andrew Zinman (Labour & Employment) and Tamila Ivanov (Real Estate).

Future of Sport Commission delivers final report on sport reform in Canada

Tue, 31 Mar 2026 00:00:00 Z

The Future of Sport in Canada Commission, led by Commissioner Lise Maisonneuve, former Chief Justice of the Ontario Court of Justice, has delivered its final report outlining findings and recommendations on how to improve safe sport and the sport system in Canada from the grassroots to high performance. The independent review provides a roadmap for change focused on prevention, response, and support in safe sport, and on renewed leadership, alignment, governance, funding and investment across the Canadian sport system.

Established in December 2023, the Commission engaged thousands of participants, including victims and survivors, sport participants, subject-matter experts, academics, advocates, sport organizations and governments, through a nationwide engagement process, which included a public online submission portal, meetings, in-camera sessions, subject-specific and regional roundtables, a public online survey and a National Summit on the Future of Sport in Canada, which took place in Ottawa in September 2025.

The Commission’s 98 Calls to Action urge coordinated reform to make sport in Canada safe, accountable and inclusive. They call for consistent safe sport standards and accessible complaint pathways nationwide (moving toward a single Pan-Canadian Safe Sport Authority); fair, trauma-informed resolution processes with meaningful sanctions and supports; and prevention-focused investments in education, background screening, safeguarding officers, and a pan-Canadian registry of sanctioned individuals in sport. The final report also calls for stronger leadership and oversight through intergovernmental collaboration and the creation of a Centralized Sport Entity, mandatory governance standards, and greater system efficiency, supported by a renewed funding strategy with clear conditions, monitoring and audits. The Commission finally calls for coordinated action to reduce financial barriers, improve sport infrastructure, and advance equity, diversity, and inclusion, including fulfilling the Government of Canada’s commitments under the Truth and Reconciliation Commission’s Calls to Action related to sport, respecting Indigenous self-determination, and ensuring Indigenous perspectives inform implementation of the Commission’s final report.

BLG was legal counsel to the Commissioner – led by Nadia Effendi, alongside Karine Fahmy and Chanel Maillet Glas. The firm’s deep expertise in administrative and public law, combined with the team’s experience managing sensitive reviews and inquiries, positioned them to navigate the complex privacy, access to information, constitutional and public law issues inherent in this mandate. The firm provided strategic counsel throughout the Commission’s activities, including during the engagement process, the drafting of both reports, and the National Summit on the Future of Sport in Canada.

Read the full report here: Future of Sport in Canada Commission Final Report Transforming Sport in Canada: Time for Action - Canada.ca

InnVest Hotels acquires Hotel Grand Pacific in Victoria

Tue, 31 Mar 2026 00:00:00 Z

InnVest Hotels, Canada's largest owner and operator of hotels, completed its acquisition of the Hotel Grand Pacific in Victoria, British Columbia on March 31, 2026. The 304-room luxury hotel sits prominently on Belleville Street in Victoria's Inner Harbour. The hotel features premium amenities including a 25-metre lap pool and the 14,000-square-foot Victoria Athletic Club.

The acquisition represents InnVest's strategic entry into the Victoria hospitality market, adding a landmark waterfront property to its diverse portfolio of internationally recognized hotel brands. The deal marks the latest in a series of acquisitions by InnVest, reflecting its recent growth trajectory, including the purchase of 10 hotels from Morguard Corporation in 2024.

BLG represented InnVest Hotels on all aspects of the transaction with a team led by Mario Rubio (Real Estate) that included Avnit Dhaliwal (Real Estate), Shelley-Mae Mitchell and Sam Stepney (Labour and Employment), Sean Muggah and Eric Little (Corporate), Robert Biggar, Scott Gorski, and Olivia Ruvo (Tax), Kathleen Lemieux (Intellectual Property) and Chris Roine and Claudia Wheler (Indigenous Law).

Desjardins completes $1.67 billion take-private acquisition of Guardian Capital Group Limited

Mon, 23 Mar 2026 00:00:00 Z

On March 23, 2026 Guardian Capital Group Limited (Guardian) completed its $1.67 billion take-private acquisition by Desjardins Global Asset Management Inc. (DGAM), one of the largest transactions in the Canadian independent asset management sector in recent years.

The transaction was completed by way of a statutory plan of arrangement, with DGAM acquiring all issued and outstanding shares of Guardian for $68 per share (other than shares held by certain rollover shareholders). Guardian and DGAM now oversee approximately $280 billion in combined assets under management and advisement. The transaction follows Desjardins' 2023 acquisition of Guardian's Worldsource business for $750 million, where BLG acted for Guardian.

BLG represented Guardian with a team led by partners Carlos Cerqueira, Tim McCormick and Andrew McLean that included Frazer House, Galen Flaherty, Francesca Lee, Ben Fuhrmann, Stephen Nguyen, Patrice Martin, and Matthew Shuman (M&A/Corporate); Michael Taylor and Julie Mansi (Investment Funds Regulatory); Steve Suarez, Grace Pereira, and Jingcai Ying (Tax); Jason Howg (Intellectual Property); Graham Splawski and Natalia Paunic (Litigation); Tamila Ivanov (Real Estate); James Fu (Employment); and Denes Rothschild (Competition).

The Standard to sell Canadian voluntary benefits business to Blue Cross Life

Thu, 19 Mar 2026 00:00:00 Z

StanCorp Financial Group Inc. (The Standard) has entered into a definitive agreement with Blue Cross Life Insurance Company of Canada to sell its Canadian voluntary benefits business, currently marketed under the Allstate brand. BLG is acting as counsel to The Standard.

The business provides critical illness insurance and accident insurance products to over 170,000 employees and their families across Canada. The transaction will strengthen Blue Cross Life's presence in the voluntary benefits market while allowing The Standard to focus on its core U.S. strategic priorities.

The transaction remains subject to regulatory approvals and other customary closing conditions, including approval of the Superintendent of Financial Institutions of Canada.

BLG’s team was led by Rick Da Costa and Frazer House and included Joyce Chiu, Galen Flaherty and Surajreet Singh (M&A), Guillaume Talbot-Lachance, Erin VanderVeer and Abby Shine (Insurance Regulatory), Danny Lang and Owen Clarke (Tax), James Fu and Jeff Mitchell (Employment and Benefits), Denes Rothschild (Competition/Foreign Investment), Eric Boehm (IT and IP), and Jennifer Ponton (Trademarks).

Waterloo Regional Health Network acquires future hospital site from University of Waterloo

Thu, 12 Mar 2026 00:00:00 Z

Waterloo Regional Health Network (WRHN) completed its acquisition of vacant land from the University of Waterloo, securing the site for a new acute care hospital for Waterloo Region.

The site, adjacent to the University of Waterloo's North Campus near the David Johnston Research + Technology Park, has been publicly identified as the future home of Waterloo Region's new hospital. The location is intended to strengthen connections between healthcare delivery, research, education, and innovation, and to support Waterloo Region's long-term growth and evolving care needs. The province reaffirmed its commitment to advancing the project in July 2025 with a $10 million grant to support planning the new hospital.

BLG's role as WRHN's counsel included a competitive procurement for site selection, negotiation of the purchase agreement, and other definitive agreements, and the legal work required to bring the acquisition to completion and position the project for next steps.

BLG represented WRHN with a team led by Brennan Carroll and Courtney L. Po that included Ryma Nasrallah and Kasim Salim as well as a number of other lawyers, paraprofessionals and members of the business services team.

Remsoft Acquires INFLOR, Expanding Global Forest Intelligence Platform

Fri, 06 Feb 2026 00:00:00 Z

Remsoft Inc., a global leader in Forest Intelligence solutions, completed its acquisition of INFLOR, a Brazilian forestry technology company specializing in forest management systems with over 20 years of experience serving customers across South America, North America, and Europe.

The acquisition advances Remsoft's vision of a connected, cloud-based Forest Intelligence Platform that brings together data, planning, optimization, and operational execution to power smarter decisions across the global forestry value chain. The transaction, supported by private equity firm Banneker Partners, has allowed Remsoft to advance its ongoing growth strategy to build a unified, cloud-based ecosystem that connects every stage of the forest value chain through targeted investments and global expertise.

BLG represented Remsoft with a team led by partner Frazer House that included associate Akaash Viswanathan (Corporate/M&A), Danny Lang (Tax), and Eric Boehm and Shane Morganstein (Information Technology).

Cadre Holdings completes acquisition of TYR Tactical

Mon, 02 Feb 2026 00:00:00 Z

On February 2, 2026, Cadre Holdings, Inc. (NYSE: CDRE) (“Cadre" or “the Company"), a global leader in the manufacturing and distribution of safety equipment and other related products for the law enforcement, first responder, military and nuclear markets, completed the acquisition of TYR Tactical, LLC, a leading global manufacturer of tactical gear and equipment for military, law enforcement, and government agencies worldwide.

The purchase price consisted of US$120.0 million of cash and US$24 million of Cadre common stock, as well as US$1 million of Cadre common stock in the form of restricted stock unit awards to be granted to certain employees of TYR Tactical. In addition, the seller will be eligible to receive up to US$25 million in additional contingent earn-out consideration, payable in cash, unregistered shares of common stock, or a combination thereof, at the Company's discretion, based on the achievement of specified net revenue targets for the calendar years 2026, 2027, and 2028. Immediately following the transaction, the Company acquired certain real property owned by an affiliate of TYR Tactical for US$30 million of cash.

BLG represented Cadre on the Canadian aspects with a team led by Stefan Timms that included Valérie Olivier and Claudie Fournier-Turmel (Corporate); Brent Rushton (Real Estate); Noah Burshtein and Tommy Hong (Benefits); Denes Rothschild (Foreign Direct Investment); Steve Suarez (Tax); Graeme Hamilton (Trade/Defence Regulatory); Giselle Chin and Any Obando Ospina (Intellectual Property); Candice Hevin, Elisabeth Lesage-Bigras and Matt Saunders (Privacy/Data Security); and Claire Durocher (Environmental).

CANEX Metals completes hostile take-over bid of Gold Basin Resources, marking rare successful hostile bid in Canada

Mon, 02 Feb 2026 00:00:00 Z

CANEX Metals Inc. (TSX.V:CANX) completed its hostile take-over bid of Gold Basin Resources Corporation (TSX.V:GXX), representing the second successful start-to-finish hostile bid in Canada since regulatory reforms took effect in 2016.

The acquisition advances CANEX's consolidation of an oxide-gold district project in Northern Arizona, an area with large defined gold trends, multiple known deposits, and significant exploration upside. With majority control, CANEX plans to streamline governance, resolve regulatory issues, and accelerate development of the district.

The transaction was the first take-over bid ever launched against a cease-traded issuer in Canada, requiring navigation of complex regulatory requirements. The completion provides a resolution for Gold Basin shareholders while allowing CANEX to advance its strategic objectives and establishes precedent for future transactions involving distressed public companies.

BLG represented CANEX Metals with a team led by Fred Pletcher, Cameron MacDonald and Francesca Lee alongside Steve Warnett and Curtis Fawcett.

ACCO Brands completes the acquisition of EPOS

Fri, 30 Jan 2026 00:00:00 Z

On January 30, 2026, ACCO Brands completed the acquisition of EPOS, a Denmark based global leader in premium commercial and enterprise audio accessories.

BLG represented ACCO on the Canadian aspects with a team led by Stefan Timms that included Stephen Nguyen, James Fu, Francis Jacob and Lora DiClemente.

Waabi secures $1 billion in new funding to lead Physical AI revolution

Wed, 28 Jan 2026 00:00:00 Z

On January 28, 2026, Waabi, the leader in Physical AI, announced it closed its oversubscribed US$750M Series C round co-led by Khosla Ventures and G2 Venture Partners, and secured an additional milestone-based future investment from Uber to support a new partnership to deploy robotaxis powered by the Waabi Driver exclusively on the Uber platform. The funding, the largest fundraise in Canadian history, will fuel the continued advancement of Waabi's Physical AI Platform, further accelerate the company's commercial progress in autonomous trucking, and support Waabi's expansion into robotaxis.

Waabi's US$750M Series C round includes participation from global leaders in AI, transportation, and the Canadian ecosystem. In addition to the lead investors, Khosla Ventures and G2 Venture Partners, Waabi's Series C includes participation from strategic investors, such as Uber, NVentures (NVIDIA's venture capital arm), Volvo Group Venture Capital, and Porsche Automobil Holding SE, as well as financial investors: funds and accounts managed by BlackRock, Radical Ventures, HarbourVest Partners, a wholly owned subsidiary of the Abu Dhabi Investment Authority, Linse Capital, Incharge Capital, and others. The company's Series C raise also includes the participation of best-in-class Canadian investors: BDC Capital's Thrive Venture Fund, Export Development Canada (EDC), TELUS Global Ventures, BMO Global Asset Management, and others.

BLG represented Porsche Automobil Holding SE and Incharge Capital with a team led by Stefan Timms that included Valérie Olivier (Corporate), and Denes Rothschild (Competition).

Kiwa ASI expands its Canadian presence with acquisition of TSLC

Tue, 20 Jan 2026 00:00:00 Z

On January 20, 2026, Kiwa ASI, a leading provider of food safety inspections, certifications, training, and consulting services, announced its acquisition of TSLC, a Canadian certification body with experience in CanadaGAP audits and certifications. This strategic partnership expands Kiwa ASI's footprint in Canada and strengthens its presence in the agriculture sector of the food industry.

With experienced staff and trusted auditors located across Canada, TSLC is one of five approved licensed certification bodies for the CanadaGAP program, holding more than 30 per cent market share, making them the second-largest certification body for CanadaGAP.

BLG represented Kiwa with a team led by Stefan Timms that included Valérie Olivier and Claudie Fournier-Turmel (Corporate), Odessa O'Dell (Labour & Employment), Jason Mueller-Neuhaus and Karine Papillon (Intellectual Property), and Olivia Ruvo (Tax).

Van Elle completes sale of its Canadian Subsidiary

Fri, 19 Dec 2025 00:00:00 Z

On December 19, 2025, Nottingham-based engineering group Van Elle announced that it had completed the sale of its Canadian operations to 1560169 B.C. Ltd, an SPV established for the purpose of this transaction by Canadian rail contractor Remcan Projects LP, a portfolio company of Canadian private equity fund, Yellow Point Equity Partners.

Under new ownership, Van Elle Canada is expected to have access to “greater local resources to pursue the considerable opportunities identified in Ontario and beyond, and to build on the progress made since Van Elle entered the Canadian market in 2023".

BLG represented Van Elle with a team led by Stefan Timms that included Salvador Pimentel, Jordan Kay, Karen Jung, Indy Anderson, Merrit Loh and Ian Hunter (Corporate); Robert Biggar (Tax); Gautam Dhillon (Construction); Éléa Hardy-Charbonnier (FSG); and James Fu (L&E).

BLG advises MCA Dental Group on acquisition by 123Dentist

Mon, 01 Dec 2025 00:00:00 Z

BLG advised MCA Dental Group Limited, an Ottawa-based dental support organization backed by healthcare private equity firm Persistence Capital Partners, on its acquisition by 123Dentist, one of Canada's fastest growing dental support organizations. The transaction involved MCA's 27 clinic locations across Ontario and Québec.

Neil Hazan and Manon Gauthier led the BLG team which included Valérie Olivier, Claudie Fournier-Turmel, Matteo Grandillo, Carlos Cerqueira, Linda Varjan, Adriana Poloni (Corporate), Joe Takhmizdjian, Olivia Ruvo, Félix Picard-Mandeville (Tax), Catherine Pronovost, Noah Burshtein (Employment), James Fu (Pension & Benefits), Christine Laviolette (Health Regulatory), Pascale Dionne, Maxim Laganière, Nathalie Olivier (Financial Services), and Zev Smith (Disputes).

BLG has maintained a long-standing relationship with MCA Dental and Persistence, supporting their strategic healthcare platform expansion across Québec and Ontario over multiple years.

John Wood PLC completes US$110 million sale of its North American T&D business to Qualus LLC

Fri, 31 Oct 2025 00:00:00 Z

On October 31, 2025, John Wood PLC (“Wood"), a global leader in consulting and engineering, completed the sale of its North American Transmission and Distribution engineering business to Qualus LLC for an enterprise value of US$110 million and cash proceeds of approximately US$105 million net of transaction costs.

This transaction supports Wood's strategy to reduce debt and streamline operations, while enabling Qualus to expand its expertise and footprint across North America.

BLG represented Wood on the Canadian aspects with a team led by Miles Pittman that included Arba Radaj (M&A); and Jennifer Hanna (Tax).

BLG congratulates Capstone on the launch of Canada’s first biblically informed ETFs

Thu, 30 Oct 2025 00:00:00 Z

Borden Ladner Gervais LLP (BLG) is pleased to congratulate Capstone Asset Management Inc. (Capstone) on the successful launch of the ETF series units of its two new mutual funds, Capstone Biblically Informed Canadian Equity Fund (TSX: BIVC) and Capstone Biblically Informed U.S. Equity Fund (TSX: BIVU) (collectively, the Funds), on the Toronto Stock Exchange. Each of the Funds is denominated in Canadian dollars and offers ETF series units and mutual fund series units.

With the launch of the Funds, Capstone became one of the first investment fund managers in Canada to introduce broadly accessible biblically informed investment options. In addition, Capstone is one of only two British Columbia-based managers currently offering ETFs as part of their product line-up.

The BLG team advising Capstone included: Jason Brooks, Robert Wallis, Whitney Wakeling, Ashley Wong, Craig Webster and Robert Biggar.

We extend our congratulations to Capstone on this milestone launch and look forward to continuing to support their success in the Canadian investment management industry.

BLG has experience in all aspects of investment management, including: fund formation, listing of ETFs, offering document and continuous disclosure preparation and review, exemptive relief applications and much more. For more information on any of the above topics please feel free to reach out to your usual BLG lawyer or the lawyers named above.