30 LEXPERT
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2018
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WWW.LEXPERT.CA
Northey, Rodney V. Gowling WLG
(416) 369-6666 rodney.northey@gowlingwlg.com
Mr. Northey is in his 29th year of practice focused on environmental assess-
ments and approvals. Author of the Guide to the Canadian Environmental
Assessment Act (LexisNexis 2018). Member of the federal environmental
assessment reform panel and Ontario's GTA West EA advisory panel. Major
ongoing environmental assessment work for municipalities and an Indigenous
EA proponent in northern Ontario.
Nordick, D'Arcy Stikeman Elliott LLP
(416) 869-5508 dnordick@stikeman.com
Mr. Nordick is Co-Head of the Capital Markets and Public Mergers & Acquisi-
tions Groups in Toronto. He is a member of various internal and external
groups focused on infrastructure and the financing thereof. He advises clients
on mergers and acquisitions (public and private), corporate finance,
securities, licensing and joint ventures, project development and general
corporate and commercial law.
Ngo, Phuong Gowling WLG
(613) 786-0236 phuong.ngo@gowlingwlg.com
Ms. Ngo is a bilingual partner in the Ottawa office and leads our Procurement
Group. Her expertise involves training and providing strategic legal advice
on the design and conduct of procurement processes, proposal preparation,
government terms and conditions, drafting procurement documentation,
compliance, and representation in related litigation and disputes.
Naccarato, D. John Norton Rose Fulbright Canada LLP
(613) 780-8608 john.naccarato@nortonrosefulbright.com
Mr. Naccarato's practice focuses on P3 and alternative financing projects,
where he brings his 35 years of experience in commercial real estate and
construction law to infrastructure redevelopment. He has also been involved
in many merger and acquisition, asset based lending, corporate and commer-
cial, banking, development, leasing and project finance transactions
over the course of his career.
Murphy, Timothy J. McMillan LLP
(416) 865-7908 tim.murphy@mcmillan.ca
Mr. Murphy, former Chief of Staff to Canada's prime minister, advises lenders,
equity investors, subcontractors and public authorities in project finance
transactions, including P3s. Recent closed transactions include the Finch LRT
and Champlain Bridge. He is the editor of Construction Law in Canada and
Adjunct Professor at the Uof T Faculty of Law.
Mondrow, Ian A. Gowling WLG
(416) 369-4670 ian.mondrow@gowlingwlg.com
Mr. Mondrow leads Gowling WLG's energy regulation and policy practice in
Toronto. He advises on a variety of matters in the natural gas and electricity
sectors, including energy policy, regulatory policy and process, rates and
tariff matters, facilities applications and compliance and licensing issues.
LEXPERT-RANKED LAWYERS
petition can oen provide worse for more. What was
once trumpeted as a more efficient process for building
the roads, railways, hospitals, schools, prisons and public
offices that Britain needs, has in many cases become its
opposite, bad value for public money. 'Our vision is to
help the nation spend wisely,' says the NAO. Its report
says the nation is spending a lot without knowing if it
is good value."
In Canada, as the Canadian Council for Public-Pri-
vate Partnerships details, there are myriad projects that
recommend the model.
CCPPP CEO Mark Romoff says, "e changing
global political landscape has generated both uncer-
tainties and opportunities across all sectors, including
Infrastructure, from which no country is immune.
Within Canada, however, investment in Infrastructure
continues to be a high priority and the P3 pipeline re-
mains steady with projects coming to market from both
traditional and new jurisdictions."
Says Bennett Jones LLP partner Paul Blundy, "We
see a number of governments in Canada moving away
from P3 procurement that includes long-term financ-
ing, but the recognition of the benefits achieved through
P3 models remains. ese include life cycle costing and
optimization of capital and operating costs. As a result,
more design-build-maintain projects may be coming.
"Regionally, British Columbia is coming back to the
forefront in Infrastructure. e province has a num-
ber of transit, road and health-care projects coming to
market in the second half of 2018. All are structured to
include design, construction and maintenance but no
significant long-term finance component."
For law firms, Blundy speculates, "e Infrastructure
gap remains and governments must recognize the need
for additional Infrastructure investment. is trend
away from financing may work against law firms that
specialize in financing but will not impact firms with
depth in construction and project delivery. As a law firm
we're investing in these trends. We've more than dou-
bled the number of lawyers in our national construction
practice and in British Columbia over the last year."
Davies Ward Phillips & Vineberg LLP partner Greg
Southam brings an interesting perspective on the P3
model from his busy practice that includes clients work-
ing on US-based projects. "Everybody thought there
was going to be a massive gold rush," aer the election of
President Donald Trump, "but it hasn't really happened
that way."
However, there are "significantly more transactions
in the US." He predicts the "success of the procure-
ment model will continue at a steady pace." His firm
having a New York office is of considerable value in it
securing mandates.
Analogies can be drawn to the impact of political
change in the UK, and Ontario. P3s are highly sensitive
to political pressures because of their very nature. How-
ever, there will continue to be deals where they are the
most sensible model, and business people will find ways
to build them within new paradigms.