Lexpert Special Editions

Special Edition on Infrastructure 2018

The Lexpert Special Editions profiles selected Lexpert-ranked lawyers whose focus is in Corporate, Infrastructure, Energy and Litigation law and relevant practices. It also includes feature articles on legal aspects of Canadian business issues.

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8 LEXPERT | 2018 | WWW.LEXPERT.CA Bowles, Brendan D. Glaholt LLP (416) 368-8280 bb@glaholt.com Mr. Bowles is a partner at Glaholt LLP. Certified by the Law Society of Ontario as a Specialist in Construction Law, he acts for a variety of clients, including subcontractors and suppliers, general contractors, owners, design profes- sionals, sureties and insurers. He has experience conducting motions and trials in the Ontario Superior Court of Justice as well as appellate experience. Bourassa, Philippe Blake, Cassels & Graydon LLP (514) 982-4061 philippe.bourassa@blakes.com Mr. Bourassa's practice focuses on corporate and commercial law, with a particular emphasis on infrastructure and public-private partnership (P3) projects, mergers & acquisitions, private equity and energy. He advises public and private corporations, as well as institutional investors on a broad range of domestic and international commercial transactions in a variety of industries. Borsook, Lisa A. WeirFoulds LLP (416) 947-5003 lborsook@weirfoulds.com Ms. Borsook acts for corporations, governments and their agencies regarding their retail, industrial, office and brownfield properties. Consistently recommended as a leader in infrastructure, property development and leasing, she has expertise in sophisticated real estate development work, including mixed-use developments, sale-leaseback transactions, and public private partnerships. Borduas, Robert G. Norton Rose Fulbright Canada LLP (514) 847-4524 robert.borduas@nortonrosefulbright.com Mr. Borduas' project and debt finance practice embraces infrastructure and PPPs. He represented Caisse de dépôt et placement du Québec in respect to its over $6bn automated LRT project in Montréal, the acquirer of Montreal Gateway Terminal Partnership, a container terminal operator in the Port of Montreal, and the lenders and bond underwriters of the consortium of McGill University Health Center. Booth, QC, Robert (Bob) T. Bennett Jones LLP (403) 298-3252 boothb@bennettjones.com Mr. Booth's commercial practice focuses on infrastructure for the energy and resources sectors and the security and defence sectors, serving clients in the oil & gas, transportation, energy utility and defence industries. He advises on purchases and sales, business creation and joint ventures. Blundy, Paul D. Bennett Jones LLP (416) 777-4854 blundyp@bennettjones.com Mr. Blundy has specialized in construction and project finance for more than 30 years and advises on all forms of construction and project financing transactions, including P3 public infrastructure delivery. He acts for both gov- ernment and private project participants, including debt and equity investors, underwriters, contractors, designers and service providers in all sectors. LEXPERT-RANKED LAWYERS (CANCEA) in 2016, entitled Why building inastructure 'on time' matters and commissioned by the CCPPP, savings to government in the 200 P3 projects surveyed could be as high as $27 billion, P3s tend to be completed one year more quickly than traditional projects, they create 115,000 jobs annually, and they add $4 billion to GDP and $5 billion to wages. "It's these kinds of numbers that have driven the greater uptake of P3s by politicians," Romoff says. ey've also driven uptake in the financial markets. "P3s are now viewed as a traditional procurement methodology," says Doug Sanders, a partner in Borden Ladner Gervais LLP's Vancouver office. "So much so that we're seeing some traditionally conservative Canadian players, like insurance companies, come into the market." It wasn't always that way. Indeed, the first wave of P3s, spanning the period from 1993 to about 2006, produced mixed results, largely because of growing pains. But Canadian P3s have blossomed in the last 10-12 years, so much so that almost 50 jurisdictions have visited Infrastructure Ontario to learn from the organization's experience. According to statistics from the CCPPP for the period from 1993 to 2016, some 80% of projects have been provincial or territorial with most of the remaining projects municipally driven. Some 40% have been health care-oriented, 20% fell in the transportation sector, 10% related to utilities and an equal proportion to justice projects. Transportation, however, contributed some 40% of the dollar value of all projects, with health care and utilities both at around 20%. Megaprojects like Toronto's Eglinton Crosstown LRT, Highway 407 ETR in the Greater Toronto Area, the Ottawa LRT (known as the Confederation Line), have much to do with that. e REM suggests that the trend will continue. "A significant number of P3s in Canada have Benefits of P3s (200 Canadian projects surveyed) Saved all levels of governments as much as $27 billion Completed one year earlier than traditional projects Created 115,000 jobs annually Added $4 billion to GDP Added $5 billion in wages - November 2016 study by the Canadian Centre for Economic Analysis for the CCPPP

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