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Rankings published in 2026
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Linked Reviews
Financial and corporate
Founded in 1952, Stikeman Elliott has become an international powerhouse, renowned for its capital markets and M&A expertise. With five Canadian offices and three international locations, the firm excels in banking, project development, and financial services regulation. Their banking team handles cross-border and domestic financing, while the capital markets team is adept in debt, equity, and structured finance. The M&A team serves a diverse clientele, and the project development team focuses on infrastructure and energy projects. Additionally, their restructuring and insolvency team supports debtors, monitors, trustees, and lenders.
Highlights
Stikeman Elliott advised on transformative transactions in mining, infrastructure, and energy in 2024. The firm acted as lead counsel to Osisko Bermuda Limited in its syndicated gold stream agreement with Franco-Nevada for SolGold’s Cascabel copper-gold project in Ecuador—one of the world’s largest mineral developments—requiring intricate structuring of multi-tranche funding and stream rights. Stikeman also represents Canada Pension Plan Investment Board in the sale of its 7.51% stake in 407 ETR to PSP Investments and its simultaneous acquisition of a 6.76% stake from AtkinsRéalis, reinforcing CPP’s infrastructure portfolio. Additionally, the firm advises First Nations Limited Partnership on the Wataynikaneyap Power Transmission Project, a landmark 1,800 km line bringing electricity to remote communities in Northwestern Ontario.
Key Clients
Air Canada, Boralex, Canada Growth Fund, Canada Pension Plan Investment Board, First Nations Limited Partnership, Hudson’s Bay Company, New Foundland & Labrador Hydro, Osisko Gold Royalties and TC Energy Corporation.
