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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
Athene Holding - M&A
2021-10-28
Blake Cassels & Graydon
Canada (National)
M&A
Susan Tomaine
Athene Holding
Investor
BHP - M&A
2022-02-24
Blake Cassels & Graydon
Canada (National)
M&A
Jeffrey Lloyd
BHP
Acquirer
Canada Pension Plan Investment Board - M&A
2021-08-31
Blake Cassels & Graydon
Canada (National)
M&A
Olga Kary
Canada Pension Plan Investment Board
Investor
Canadian Pacific Railway - M&A
2021-12-14
Blake Cassels & Graydon
Canada (National)
M&A
Jeffrey Lloyd
Canadian Pacific Railway
Acquirer
Cenovus Energy - Bond issue
2021-09-13
Blake Cassels & Graydon
Canada (National)
Bond issue
Jeff Bakker
Cenovus Energy
Issuer
CI Investments - IPO
2021-03-05
Blake Cassels & Graydon
Canada (National)
IPO
Jeff Glass
CI Investments
Issuer
CIBC World Markets - Bond issue
2021-11-30
Blake Cassels & Graydon
Canada (National)
Bond issue
Eric Moncik
CIBC World Markets
Underwriter
Dell Technologies - M&A
2021-01-10
Blake Cassels & Graydon
Canada (National)
M&A
David Kruse, Rory ffrench
Dell Technologies
Seller
dentalcorp - IPO
2021-01-05
Blake Cassels & Graydon
Canada (National)
IPO
Tim Andison
dentalcorp
Issuer
Deutsche Bank Securities; Clarkson Platou Securities - Bond issue
2021-06-12
Blake Cassels & Graydon
Canada (National)
Bond issue
Kathleen Keilty
Deutsche Bank Securities, Clarkson Platou Securities
Initial purchaser
Ero Copper Corp - Bond issue
2022-02-02
Blake Cassels & Graydon
Canada (National)
Bond issue
Kathleen Keilty, Bob Wooder
Ero Copper Corp
Issuer
Eupraxia Pharmaceuticals Inc - IPO
2021-09-03
Blake Cassels & Graydon
Canada (National)
IPO
Joseph Garcia
Eupraxia Pharmaceuticals Inc
Issuer
Evercore ISI; BMO Capital Markets - Secondary share offering
2021-06-23
Blake Cassels & Graydon
Canada (National)
Secondary share offering
Howard Levine
Evercore ISI, BMO Capital Markets
Underwriter
Flagship Communities Real Estate Investment Trust - Secondary share offering
2021-11-18
Blake Cassels & Graydon
Canada (National)
Secondary share offering
Will Fung, Matthew Merkley
Flagship Communities Real Estate Investment Trust
Issuer
G Mining Ventures Corp - M&A
2021-10-27
Blake Cassels & Graydon
Canada (National)
M&A
Howard Levine, Michelle Audet
G Mining Ventures Corp
Acquirer
goeasy - Secondary share offering
2021-01-04
Blake Cassels & Graydon
Canada (National)
Secondary share offering
Tim Andison
goeasy
Issuer
Great Bear Resources - M&A
2022-02-24
Blake Cassels & Graydon
Canada (National)
M&A
Bob Wooder
Great Bear Resources
Target
H&R Real Estate Investment Trust - Bond issue
2021-02-19
Blake Cassels & Graydon
Canada (National)
Bond issue
Eric Moncik
H&R Real Estate Investment Trust
Issuer
H&R Real Estate Investment Trust; Primaris Real Estate Investment Trust - M&A
2021-12-31
Blake Cassels & Graydon
Canada (National)
M&A
Eric Moncik
H&R Real Estate Investment Trust, Primaris Real Estate Investment Trust
Seller
Josemaria Resources Inc - M&A
2022-02-24
Blake Cassels & Graydon
Canada (National)
M&A
Peter O'Callaghan
Josemaria Resources Inc
Target
5
of
8
IFLR1000
Shortlists for deals, firms, individuals and teams of the year available to view online
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