WWW.LEXPERT.CA
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2016
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LEXPERT 23
Krawchuk, Leanne C. Dentons Canada LLP
(780) 423-7198 leanne.krawchuk@dentons.com
Ms. Krawchuk advises mining producers in Canada on corporate/
commercial,construction and procurement, corporate finance and securities,
mergers and acquisitions and other mining legal matters including the
negotiation of supply agreements with electricity producers. She advises
on royalties, price reviews, dedication and unitization agreements
and assignments and transfers of mining interests.
Kraus, Brent W. Bennett Jones LLP
(403) 298-3071 krausb@bennettjones.com
Mr. Kraus focuses on M&A and capital market transactions involving clients
in the upstream and midstream energy and oilfield services industries. He
acts for strategic acquirors and financial investors; local management teams;
and investment dealers.
King, Richard J. Osler, Hoskin & Harcourt LLP
(416) 862-6626 rking@osler.com
Mr. King advises clients on commercial and regulatory matters related
to power project development, power trading and utility regulation,
as well as the duty to consult Aboriginal groups regarding large natural
resource projects.
Killoran, QC, Maureen E. Osler, Hoskin
& Harcourt LLP (403) 260-7003 mkilloran@osler.com
Ms. Killoran, Managing Partner of Osler Calgary, maintains a full litigation
practice, representing clients on business critical, commercial and resource
industry disputes. She is lead counsel on complex commercial disputes and
in the defence of challenges to major resource projects. She is a seasoned
trial and appeal lawyer with extensive commercial arbitration experience.
Kierans, David B. Gowling WLG
(514) 392-9551 david.kierans@gowlingwlg.com
Mr. Kierans practises in corporate and commercial law with particular
emphasis on secured lending, real estate acquisition and finance, asset-
backed and project financing. His experience includes energy-generation
projects and P3 project finance.
Keough, Loyola G. Bennett Jones LLP
(403) 298-3429 keoughl@bennettjones.com
Mr. Keough is a partner in the firm's Regulatory Department. He has
particular experience in oil, gas, electricity, LNG, rates, facilities and
environmental matters. His clients include utilities, pipelines, buyers,
producers, shippers and banks.
LEXPERT-RANKED LAWYERS
coal-fired generation, and how much
renewable energy investment is going
to be needed to fill the gap over the
next five to 10 years?
At present, the Alberta govern-
ment is reviewing recommendations
from the Alberta Electric System
Operator on how to proceed in
implementing its renewables pro-
gram. For Powell, the key question
is whether the province will actively
support investment in the current
market. "Right now there's one of the
lowest power pool prices we've seen.
What will the government do to en-
courage extensive capital investment
in renewable projects?"
Unlike Ontario, Alberta has not
relied on government contracts for
electricity infrastructure, but on the
market for investment in generation,
points out George Vegh, head of Mc-
Carthy Tétrault LLP's Toronto en-
ergy regulation practice. As Alberta
moves off coal, says Vegh, when you
require investment in new renew-
able facilities, "most jurisdictions in
North America and in Europe have
found you need additional payments,
some sort of support in addition to
what's in the market.
"e Alberta government, while
it's been very clear that it wants this
new investment and it wants renew-
able power, needs to be equally clear
and realistic about how it's going to
pay for new facilities."
Is gas the new coal?
Ontario's new cap and trade regime — which is
due to come into effect in 2017 — has generated
a new catch phrase in the energy industry: gas is
the new coal.
"Shutting coal plants down and contracting
for 10,000 MW of renewable energy projects in
Ontario has seemed like a pretty aggressive green-
house gas policy," says Jacob Sadikman, a Toronto-
based partner at Osler, Hoskin & Harcourt LLP
whose practice focuses on the energy sector. "Now,
layering in this cap and trade legislation, frankly,
from the perspective of the energy sector, are these
legislative decisions making gas the new coal?"
As Alberta ponders its next steps, are there les-
sons to be learned from Ontario's experiences?
Quite possibly, says Vegh. "What's the future for
natural gas in Ontario?" he asks. "ere already
seems to be some regret on how much gas [produc-
tion facilities] Ontario built to replace coal. Some
of the indications from the province's Ministry
