Lexpert®Ranked Lawyers
Lennox, David M.
Bennett Jones LLP
(403) 298-3100
lennoxd@
bennettjones.com
Mr. Lennox's fi nancial
services practice
includes project
fi nancing; syndicated
credit facilities; public
and private debt
issues; trans-border
deals; and equipment
fi nancing. His clients
include borrowers,
banks, airlines and oil
and gas concerns.
Lalonde, Paul M.
Dentons Canada LLP
(416) 361-2372
paul.lalonde@
dentons.com
Mr. Lalonde is a
procurement, trade
and anti-corruption
law specialist. His
experience includes
complex, high-
value procurement
processes, bidding and
contract management
disputes, debarment,
bid-rigging and
collusion and trade
agreements.
Leard, Neal L.D.
Stewart McKelvey
(506) 634-6416
nleard@
stewartmckelvey.com
Mr. Leard practises
corporate/commercial
law and regularly
advises public-
and private-sector
organizations in
connection with public-
private partnerships
and infrastructure
projects including
advice on project
structure and risk
allocation.
Lamothe, Jean G.
Stikeman Elliott LLP
(514) 397-3326
jlamothe@
stikeman.com
Mr. Lamothe acts for
lending syndicates
and borrowers in his
corporate and project
fi nance practice.
He has developed
the corporate and
contractual structure of
a number of industrial
and environmental
projects.
Legge, Jennifer G.
Stikeman Elliott LLP
(416) 869-5660
jlegge@stikeman.com
Ms. Legge focuses
on fi nancing/secured
lending, as well
as M&A. She acts
on domestic and
international secured
and unsecured
fi nancings, project
fi nance, and ABL and
equipment fi nancings,
for borrowers and
lenders of all types.
Leroux, Pierre-Denis
Blake, Cassels &
Graydon LLP
(514) 982-4121
pierredenis.leroux@
blakes.com
Mr. Leroux advises
consortium and
work providers on
infrastructure and P3s
in his real property
and fi nancial services
practice. His main
focus is on mortgage
and real estate
fi nancing, including
securitization and
property development.
22 | The North
water projects, he says, he knows that bundling together
similar small projects from several communities helps pro-
vide critical mass that will attract the private sector. But
huge distances between Northern communities strain the
economic viability of bundling. And working out a single
governance model for several communities can prove to be
the undoing of the project.
"You can imagine wonderful P3 projects in the North
that are never going to happen [because] no one party has
enough jurisdiction and enough money," Ledgett says.
He says the Iqaluit Airport is a major victory for P3s
in the North, but in the end, success relied on the federal
government writing a big cheque. He says it's a model that
may work in one or two other cases, but it won't provide the
magic formula.
e underlying problem, says Erik Richer La Flèche, co-
head of the P3 practice group at Stikeman Elliott LLP, is the
lack of a master plan for northern development, designed
with the involvement of all stakeholders. e only exception
is Quebec's Plan Nord.
"Canada has a huge, vast Northern world and Canada
doesn't know what to do with it. We can do little one-off
projects but I don't think that's the way to proceed," Richer
La Flèche says. " e biggest need in the North is long-term,
holistic planning," he asserts.
He says the US, Russia, Denmark and Norway have all
shown far greater interest in planning and developing their
northern territories. He notes that Canada's North has vast
resources and China has recently been very interested in in-
vesting in the development of the resources of its northern
neighbours. He suggests that if Canada can't or won't ar-
ticulate a vision for development in the North, then locals
PHOTO: SHUTTERSTOCK
