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Key contacts
Firm Managing Partner: Bryson Stokes
Quick facts
Number of lawyers

640

Other offices

Montréal, Ottawa, Calgary, Vancouver, New York, London

Key practice areas
Banking
Project finance
Capital markets
Capital markets : Debt
Capital markets : Equity
Financial and corporate
Financial services regulatory
Restructuring and insolvency
M&A
Project development
Project development : Mining
Project development : Infrastructure
Project development : Energy
Projects : Mining
Projects : Energy and infrastructure
Firm overview

At Blake, Cassels & Graydon LLP (Blakes), we serve a diverse national and international client base. Our integrated network of offices provides clients with access to the Firm’s full spectrum of capabilities in virtually every area of business law. Whether an issue is local or multi-jurisdictional, practice-area specific or interdisciplinary, Blakes handles transactions of all sizes and levels of complexity. We also focus on building long-term relationships with clients by providing unparalleled client service and the highest standard of legal advice.

Key transactional practices
  • Banking and Finance
  • Capital Markets
  • Corporate and M&A
  • Financial Services Regulatory
  • Investment Funds
  • Restructuring and Insolvency
  • Project Finance
  • Private Equity
  • Real Estate Finance
  • Structured finance/securitisation
Address:
199 Bay Street
Suite 4000, Commerce Court West
Toronto, Ontario M5L 1A9
Tel:+1 416 863 2400 Fax:+1 416 863 2653 Email:Contact Us Web Address:http://www.blakes.com/English/Pages/default.aspx
Rankings published in 2026
Banking
Tier 1
20 firms ranked
View full list

Tier 1

Blake Cassels & Graydon
15 practice areas
View full profile
Davies Ward Phillips & Vineberg
12 practice areas
View profile
Fasken
15 practice areas
View profile
McCarthy Tétrault
15 practice areas
View profile
Osler Hoskin & Harcourt
15 practice areas
View profile
Stikeman Elliott
16 practice areas
View profile
Torys
14 practice areas
View full profile

Tier 2

Borden Ladner Gervais
14 practice areas
View profile
Norton Rose Fulbright Canada
13 practice areas
View profile

Tier 3

Dentons
12 practice areas
View profile
Goodmans
14 practice areas
View profile
McMillan
12 practice areas
View full profile

Tier 4

Bennett Jones
15 practice areas
View profile
Burnet Duckworth & Palmer
8 practice areas
View profile
Cassels Brock & Blackwell
14 practice areas
View profile
Gowling WLG
5 practice areas
View profile

Notable

Aird & Berlis
6 practice areas
View profile
DLA Piper
5 practice areas
View profile
Miller Thomson
6 practice areas
View profile
Sangra Moller LLP
6 practice areas
View full profile
Capital markets : Debt
Tier 1
15 firms ranked
View full list

Tier 1

Blake Cassels & Graydon
15 practice areas
View full profile
Davies Ward Phillips & Vineberg
12 practice areas
View profile
McCarthy Tétrault
15 practice areas
View profile
Osler Hoskin & Harcourt
15 practice areas
View profile
Stikeman Elliott
16 practice areas
View profile
Torys
14 practice areas
View full profile

Tier 2

Fasken
15 practice areas
View profile
Goodmans
14 practice areas
View profile
Norton Rose Fulbright Canada
13 practice areas
View profile

Tier 3

Bennett Jones
15 practice areas
View profile
Cassels Brock & Blackwell
14 practice areas
View profile
McMillan
12 practice areas
View full profile

Tier 4

Borden Ladner Gervais
14 practice areas
View profile
Burnet Duckworth & Palmer
8 practice areas
View profile
Dentons
12 practice areas
View profile
Capital markets : Equity
Tier 1
16 firms ranked
View full list

Tier 1

Blake Cassels & Graydon
15 practice areas
View full profile
McCarthy Tétrault
15 practice areas
View profile
Osler Hoskin & Harcourt
15 practice areas
View profile
Stikeman Elliott
16 practice areas
View profile
Torys
14 practice areas
View full profile

Tier 2

Davies Ward Phillips & Vineberg
12 practice areas
View profile
Dentons
12 practice areas
View profile
Fasken
15 practice areas
View profile
Goodmans
14 practice areas
View profile
Norton Rose Fulbright Canada
13 practice areas
View profile

Tier 3

Bennett Jones
15 practice areas
View profile
Borden Ladner Gervais
14 practice areas
View profile
Cassels Brock & Blackwell
14 practice areas
View profile
McMillan
12 practice areas
View full profile

Tier 4

Burnet Duckworth & Palmer
8 practice areas
View profile

Notable

Sangra Moller LLP
6 practice areas
View full profile
Financial services regulatory
Tier 1
11 firms ranked
View full list

Tier 1

Blake Cassels & Graydon
15 practice areas
View full profile
McCarthy Tétrault
15 practice areas
View profile
Osler Hoskin & Harcourt
15 practice areas
View profile
Stikeman Elliott
16 practice areas
View profile
Torys
14 practice areas
View full profile

Tier 2

Borden Ladner Gervais
14 practice areas
View profile
Fasken
15 practice areas
View profile
McMillan
12 practice areas
View full profile

Tier 3

Cassels Brock & Blackwell
14 practice areas
View profile
Dentons
12 practice areas
View profile
Norton Rose Fulbright Canada
13 practice areas
View profile
M&A
Tier 1
20 firms ranked
View full list

Tier 1

Blake Cassels & Graydon
15 practice areas
View full profile
Davies Ward Phillips & Vineberg
12 practice areas
View profile
Fasken
15 practice areas
View profile
Goodmans
14 practice areas
View profile
McCarthy Tétrault
15 practice areas
View profile
Osler Hoskin & Harcourt
15 practice areas
View profile
Stikeman Elliott
16 practice areas
View profile
Torys
14 practice areas
View full profile

Tier 2

Bennett Jones
15 practice areas
View profile
Dentons
12 practice areas
View profile
Norton Rose Fulbright Canada
13 practice areas
View profile

Tier 3

Borden Ladner Gervais
14 practice areas
View profile
Cassels Brock & Blackwell
14 practice areas
View profile
Miller Thomson
6 practice areas
View profile
Sangra Moller LLP
6 practice areas
View full profile

Notable

Burnet Duckworth & Palmer
8 practice areas
View profile
Lawson Lundell
1 practice area
View profile
Loopstra Nixon
1 practice area
View profile
McInnes Cooper
3 practice areas
View profile
McMillan
12 practice areas
View full profile
Projects : Energy and infrastructure
Tier 1
17 firms ranked
View full list

Tier 1

Blake Cassels & Graydon
15 practice areas
View full profile
Davies Ward Phillips & Vineberg
12 practice areas
View profile
McCarthy Tétrault
15 practice areas
View profile
Torys
14 practice areas
View full profile

Tier 2

Bennett Jones
15 practice areas
View profile
Borden Ladner Gervais
14 practice areas
View profile
Cassels Brock & Blackwell
14 practice areas
View profile
Stikeman Elliott
16 practice areas
View profile

Tier 3

Aird & Berlis
6 practice areas
View profile
DLA Piper
5 practice areas
View profile
Dentons
12 practice areas
View profile
Farris
3 practice areas
View profile
Goodmans
14 practice areas
View profile
McMillan
12 practice areas
View full profile
Norton Rose Fulbright Canada
13 practice areas
View profile
Osler Hoskin & Harcourt
15 practice areas
View profile

Notable

Fasken
15 practice areas
View profile
Projects : Mining
Active
8 firms ranked
View full list

Active

Bennett Jones
15 practice areas
View profile
Blake Cassels & Graydon
15 practice areas
View full profile
Cassels Brock & Blackwell
14 practice areas
View profile
Fasken
15 practice areas
View profile
McCarthy Tétrault
15 practice areas
View profile
Osler Hoskin & Harcourt
15 practice areas
View profile
Stikeman Elliott
16 practice areas
View profile
Torys
14 practice areas
View full profile
Restructuring and insolvency
Tier 1
22 firms ranked
View full list

Tier 1

Blake Cassels & Graydon
15 practice areas
View full profile
Goodmans
14 practice areas
View profile
McCarthy Tétrault
15 practice areas
View profile
Osler Hoskin & Harcourt
15 practice areas
View profile
Stikeman Elliott
16 practice areas
View profile
Thornton Grout Finnigan
2 practice areas
View full profile
Torys
14 practice areas
View full profile

Tier 2

Bennett Jones
15 practice areas
View profile
Cassels Brock & Blackwell
14 practice areas
View profile
Davies Ward Phillips & Vineberg
12 practice areas
View profile
Fasken
15 practice areas
View profile
McMillan
12 practice areas
View full profile

Tier 3

Borden Ladner Gervais
14 practice areas
View profile
Dentons
12 practice areas
View profile
Gowling WLG
5 practice areas
View profile
Miller Thomson
6 practice areas
View profile
Norton Rose Fulbright Canada
13 practice areas
View profile

Notable

Aird & Berlis
6 practice areas
View profile
Chaitons
1 practice area
View profile
Fishman Flanz Meland Paquin
1 practice area
View profile
McInnes Cooper
3 practice areas
View profile
Sangra Moller LLP
6 practice areas
View full profile
Linked Reviews
Financial and corporate

Blake Cassels & Graydon, a historic member of the Seven Sisters, was founded in 1856. This full-service firm has expanded to five Canadian cities—Toronto, Calgary, Vancouver, Montréal, and Ottawa—and two international locations in New York and London. Renowned for its corporate and project development expertise, the firm excels in financial services, advising on regulatory and transactional matters, including refinancing and acquisition financing. Its capital markets team handles diverse equity, debt, and structured finance issues, while the M&A team supports strategic acquisitions and reorganizations. The restructuring and insolvency team is adept at managing all sides of restructuring proceedings. 

 

Highlights 

Blakes advised on two of Canada’s most significant transactions in 2024. The firm represented Advent International in its take-private acquisition of Nuvei Corporation, a global fintech leader. The deal involved complex structuring of multi-billion-dollar debt financing, concurrent reorganizations, and a new governance framework among Advent and rollover shareholders, alongside global regulatory approvals—setting a benchmark for cross-border private equity transactions. Blakes also acted for South Bow Corporation in its notes offering, the largest debt capital markets transaction in Canadian history, tied to TC Energy’s liquids pipeline spinoff. The transaction required innovative hybrid securities structuring, regulatory approvals across Canada and the U.S., and the creation of a dual-listed public company on TSX and NYSE. 

 

Key Clients  

Algonquin Power & Utilities, AstraZeneca, Cleveland Cliffs, Coastal Gaslink Pipeline, Equinox Gold Corporation, JP Morgan Securities, RBC Capital Markets, Royal Bank of Canada and South Bow Corporation.

77 results77 results
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of
4
Deal Highlights
149 results149 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
Pembina Pipeline Corp. - M&A
2021-06-01
Blake Cassels & Graydon
Canada (National)
M&A
Pembina Pipeline Corp.
Buyer
Penn National Gaming Inc. - M&A
2021-08-05
Blake Cassels & Graydon
Canada (National)
M&A
Penn National Gaming Inc.
Buyer
Riverside Co. - M&A
2021-11-04
Blake Cassels & Graydon
Canada (National)
M&A
Riverside Co.
Buyer
Reigning Champ - M&A
2021-06-14
Blake Cassels & Graydon
Canada (National)
M&A
Reigning Champ
Seller
Photon Control Inc. - M&A
2021-05-10
Blake Cassels & Graydon
Canada (National)
M&A
Photon Control Inc.
Target
WPT Industrial REIT - M&A
2021-08-09
Blake Cassels & Graydon
Canada (National)
M&A
Michael Gans, Shlomi Feiner, William Fung
WPT Industrial REIT
Target
Orca Gold Inc. - M&A
2022-02-27
Blake Cassels & Graydon
Canada (National)
M&A
Orca Gold Inc.
Target
Cboe Global Markets Inc. - M&A
2021-11-15
Blake Cassels & Graydon
Canada (National)
M&A
Cboe Global Markets Inc.
Buyer
Canadian Imperial Bank of Commerce (Sydney) - Bond Issue
2021-10-01
Blake Cassels & Graydon
Canada (National)
Bond issue
Canadian Imperial Bank of Commerce (Sydney)
Issuer
TransCanada PipeLines Ltd - Bond Issue
2021-10-01
Blake Cassels & Graydon
Canada (National)
Bond issue
TransCanada PipeLines Ltd
Issuer
CIBC - Bond Issue
2021-11-01
Blake Cassels & Graydon
Canada (National)
Bond issue
Bank of America Merrill Lynch, BNP Paribas, CIBC, Commerzbank, HSBC, JP Morgan Chase, Royal Bank of Scotland Group, UBS
Underwriter
ECN Capital Corp - Bond Issue
2021-12-01
Blake Cassels & Graydon
Canada (National)
Bond issue
ECN Capital Corp
Issuer
ECN Capital Corp - Bond Issue
2021-10-01
Blake Cassels & Graydon
Canada (National)
Bond issue
ECN Capital Corp
Issuer
Lifemark Health Corp. - M&A
2022-03-14
Blake Cassels & Graydon
Canada (National)
M&A
Lifemark Health Corp.
Target
CIBC - Bond Issue
2021-12-01
Blake Cassels & Graydon
Canada (National)
Bond issue
Bank of America Merrill Lynch, BNP Paribas, CIBC, Commerzbank, HSBC, JP Morgan Chase, Royal Bank of Scotland Group, UBS
Underwriter
GAF Materials LLC - M&A
2021-09-07
Blake Cassels & Graydon
Canada (National)
M&A
GAF Materials LLC
Buyer
KKR & Co. - M&A
2022-03-30
Blake Cassels & Graydon
Canada (National)
M&A
KKR & Co.
Buyer
Skeena Resources Ltd. - M&A
2022-03-30
Blake Cassels & Graydon
Canada (National)
M&A
Skeena Resources Ltd.
Buyer
Valsoft Corp. Inc. - M&A
2022-03-28
Blake Cassels & Graydon
Canada (National)
M&A
Valsoft Corp. Inc.
Target
Investor Group - multiple investors - M&A
2022-05-16
Blake Cassels & Graydon
Canada (National)
M&A
Investor Group - multiple investors
Buyer
3
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IFLR1000
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