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Rankings published in 2026
Banking
Tier 1
20 firms ranked
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Tier 1

Blake Cassels & Graydon
15 practice areas
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Davies Ward Phillips & Vineberg
12 practice areas
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Fasken
15 practice areas
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McCarthy Tétrault
15 practice areas
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Osler Hoskin & Harcourt
15 practice areas
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Stikeman Elliott
16 practice areas
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Torys
14 practice areas
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Tier 2

Borden Ladner Gervais
14 practice areas
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Norton Rose Fulbright Canada
13 practice areas
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Tier 3

Dentons
12 practice areas
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Goodmans
14 practice areas
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McMillan
12 practice areas
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Tier 4

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

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

Blake Cassels & Graydon
15 practice areas
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Davies Ward Phillips & Vineberg
12 practice areas
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McCarthy Tétrault
15 practice areas
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Osler Hoskin & Harcourt
15 practice areas
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Stikeman Elliott
16 practice areas
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Torys
14 practice areas
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Tier 2

Fasken
15 practice areas
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Goodmans
14 practice areas
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Norton Rose Fulbright Canada
13 practice areas
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Tier 3

Bennett Jones
15 practice areas
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Cassels Brock & Blackwell
14 practice areas
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McMillan
12 practice areas
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Tier 4

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

Blake Cassels & Graydon
15 practice areas
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McCarthy Tétrault
15 practice areas
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Osler Hoskin & Harcourt
15 practice areas
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Stikeman Elliott
16 practice areas
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Torys
14 practice areas
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Tier 2

Davies Ward Phillips & Vineberg
12 practice areas
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Dentons
12 practice areas
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Fasken
15 practice areas
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Goodmans
14 practice areas
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Norton Rose Fulbright Canada
13 practice areas
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Tier 3

Bennett Jones
15 practice areas
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Borden Ladner Gervais
14 practice areas
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Cassels Brock & Blackwell
14 practice areas
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McMillan
12 practice areas
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Tier 4

Burnet Duckworth & Palmer
8 practice areas
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Notable

Sangra Moller LLP
6 practice areas
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Financial services regulatory
Tier 1
11 firms ranked
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Tier 1

Blake Cassels & Graydon
15 practice areas
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McCarthy Tétrault
15 practice areas
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Osler Hoskin & Harcourt
15 practice areas
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Stikeman Elliott
16 practice areas
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Torys
14 practice areas
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Tier 2

Borden Ladner Gervais
14 practice areas
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Fasken
15 practice areas
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McMillan
12 practice areas
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Tier 3

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

Blake Cassels & Graydon
15 practice areas
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Davies Ward Phillips & Vineberg
12 practice areas
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Fasken
15 practice areas
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Goodmans
14 practice areas
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McCarthy Tétrault
15 practice areas
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Osler Hoskin & Harcourt
15 practice areas
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Stikeman Elliott
16 practice areas
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Torys
14 practice areas
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Tier 2

Bennett Jones
15 practice areas
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Dentons
12 practice areas
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Norton Rose Fulbright Canada
13 practice areas
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Tier 3

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

Burnet Duckworth & Palmer
8 practice areas
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Lawson Lundell
1 practice area
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Loopstra Nixon
1 practice area
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McInnes Cooper
3 practice areas
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McMillan
12 practice areas
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Projects : Energy and infrastructure
Tier 2
17 firms ranked
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Tier 1

Blake Cassels & Graydon
15 practice areas
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Davies Ward Phillips & Vineberg
12 practice areas
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McCarthy Tétrault
15 practice areas
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Torys
14 practice areas
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Tier 2

Bennett Jones
15 practice areas
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Borden Ladner Gervais
14 practice areas
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Cassels Brock & Blackwell
14 practice areas
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Stikeman Elliott
16 practice areas
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Tier 3

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

Fasken
15 practice areas
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Projects : Mining
Active
8 firms ranked
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Active

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

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

Bennett Jones
15 practice areas
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Cassels Brock & Blackwell
14 practice areas
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Davies Ward Phillips & Vineberg
12 practice areas
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Fasken
15 practice areas
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McMillan
12 practice areas
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Tier 3

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

Aird & Berlis
6 practice areas
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Chaitons
1 practice area
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Fishman Flanz Meland Paquin
1 practice area
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McInnes Cooper
3 practice areas
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Sangra Moller LLP
6 practice areas
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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. 

85 results85 results
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Deal Highlights
207 results207 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
Investor Group - multiple investors - M&A
2021-02-03
Stikeman Elliott
Canada (National)
M&A
Candace Cerone, Chelsea Pellegrino, Eric Levesque, Jean-Guillaume Shooner, Jeremie Ste-Marie, Maxime Turcotte, Michael Rosenstock, Myriam Fortin, Natasha vandenHoven, Philip Dubrofsky, Ryan Sheahan, Stefan Fews, Stephanie Pasternyk, Stephanie Weschler
Investor Group - multiple investors
Buyer
OFX Group Ltd. - M&A
2021-12-20
Stikeman Elliott
Canada (National)
M&A
OFX Group Ltd.
Buyer
Seller Group - multiple shareholders - M&A
2021-01-05
Stikeman Elliott
Canada (National)
M&A
C.Mario Paura, Danielle Royal, David Feldman, Denise Duifhuis, Eliot Kolers, Francois Gilbert, Frank Mathieu, Jason Paperman, Jeff Li, John Leopold, Jonathan Auerbach, Jordan Altman, Kevin Custodio, Larry Cobb, Meaghan Obee Tower, Esq., Michael Kilby, Michael Laskey, Natasha vandenHoven, Philippe Kattan, Serge Levy, Sinziana Hennig, Stefan Fews, Stephanie Pasternyk, Stephanie Weschler, Vanessa Clusiau, Warren Katz, Zev Smith
Seller Group - multiple shareholders
Seller
LendCare Holdings Inc. - M&A
2021-04-12
Stikeman Elliott
Canada (National)
M&A
Aude Godfroy, Beatrice Gervais, C.Mario Paura, David Feldman, Frank Mathieu, John Leopold, Jonathan Auerbach, Kevin Custodio, Larry Cobb, Laura Rowe, Luca Di Donato, Michael Ball, Michael Laskey, Nancy Ramalho, Natasha vandenHoven, Peter Hamilton, Philippe St-Hilaire, Shawn Smith, Stuart Carruthers
LendCare Holdings Inc.
Target
Altasciences Co. Inc. - M&A
2021-02-22
Stikeman Elliott
Canada (National)
M&A
Altasciences Co. Inc.
Target
Navacord Corp. - M&A
2021-05-05
Stikeman Elliott
Canada (National)
M&A
Adam Drori, Alyson Frankie, Cheryl Rea, Denise Duifhuis, Evara David, Fabian Firas Bargout, Harley Mayoff, Helia Taheri, Jessica Vona, Justine Whitehead, Michael Laskey, Natasha vandenHoven, Peter Castiel, Rachel Hutton, Serge Levy, Stuart Carruthers, Vanessa Clusiau
Navacord Corp.
Buyer
Altamont Capital Partners - M&A
2021-01-06
Stikeman Elliott
Canada (National)
M&A
Alex Lemoine, Alyson Frankie, Benjamin Owens, Eveline Poirier, Gideon Kwinter, Harley Mayoff, Howard Rosenoff, Jeremy Perron, John Leopold, Jonathan Auerbach, Jordan Dawson, Justine Chaput, Kevin Kyte, Marie-Andrée Beaudry, Michael Kilby, Michel Legendre, Mistrale Lepage-Chouinard, Myriam Fortin, Nancy Ramalho, Natasha vandenHoven, Nicholas Blach, Philippe St-Hilaire, Stefan Fews, Stephanie Pasternyk, Stephanie Weschler, Steve Lyberopoulos
Altamont Capital Partners
Buyer
Susquehanna Growth Equity LLP - M&A
2021-09-14
Stikeman Elliott
Canada (National)
M&A
Susquehanna Growth Equity LLP
Buyer
CIVC Partners LP - M&A
2021-07-21
Stikeman Elliott
Canada (National)
M&A
CIVC Partners LP
Buyer
Sustainable Opportunities Acquisition Corp. - M&A
2021-03-04
Stikeman Elliott
Canada (National)
M&A
Cheryl Rea, Denise Duifhuis, Francis Blais-Lord, Frank Mathieu, Gary Clarke, Jonathan Auerbach, Karine Bilodeau, Maja Blanchette, Mark Firman, Melissa Morton, Michael Kilby, Michael Rosenstock, Myriam Fortin, Nathaniel Lacasse, Quentin Markin, Victor Gerchikov, Warren Katz
Sustainable Opportunities Acquisition Corp.
Buyer
Think Research Corp. - M&A
2021-07-15
Stikeman Elliott
Canada (National)
M&A
Alex Lemoine, Alisha Johnson, Alyson Frankie, Dee Rajpal, Ian Trimble, Jonathan Auerbach, Larry Cobb, Lindsay Gwyer, Mitch Kobayashi, Natasha vandenHoven, Omar Soliman, Sarah Visentin, Shawn Smith
Think Research Corp.
Buyer
Alithya Group Inc. - M&A
2021-03-24
Stikeman Elliott
Canada (National)
M&A
Antoine Champagne, David Masse, Eveline Poirier, Gabrielle Daoust, Jeremy Perron, Marie-Andrée Beaudry, Michael Kilby, Philippe St-Hilaire, Pierre-Luc Benoit
Alithya Group Inc.
Buyer
Hochschild Mining plc - M&A
2021-11-29
Stikeman Elliott
Canada (National)
M&A
Hochschild Mining plc
Buyer
Naver Corp. - M&A
2021-01-19
Stikeman Elliott
Canada (National)
M&A
Alyson Frankie, Frank Mathieu, Jacqueline Ferreira, Jeff Li, Jessica Rutledge, Jonathan Auerbach, Jordan Altman, Melissa Morton, Michael Kilby, Michael Rosenstock, Nancy Ramalho, Natasha vandenHoven, Philippe Kattan, Vanessa Clusiau, Warren Katz
Naver Corp.
Buyer
People Corp. - M&A
2021-04-22
Stikeman Elliott
Canada (National)
M&A
Alain Saint-Onge, Alyson Frankie, Chelsea Daku, Janel Young, Joel Binder, Kayla Zachariassen, Shawn Smith
People Corp.
Buyer
BrandMaker GmbH - M&A
2021-07-20
Stikeman Elliott
Canada (National)
M&A
BrandMaker GmbH
Buyer
TriWest Capital Partners - M&A
2021-04-01
Stikeman Elliott
Canada (National)
M&A
TriWest Capital Partners
Seller
Le Chateau Inc. - M&A
2021-06-25
Stikeman Elliott
Canada (National)
M&A
Danny Vu, Guy Martel, William Rodier-Dumais
Le Chateau Inc.
Seller
Golden Gate Capital LP - M&A
2021-06-09
Stikeman Elliott
Canada (National)
M&A
Chelsea Pellegrino, David Feldman, Howard Rosenoff, Jason Paperman, Jeremy Perron, John Leopold, Jonathan Auerbach, Jordana Levine, Mark Firman, Michael Laskey, Nicholas Blach, Philippe Kattan, Stefan Fews, Stephanie Weschler
Golden Gate Capital LP
Seller
Hoskin Scientific Ltd. - M&A
2022-01-12
Stikeman Elliott
Canada (National)
M&A
Hoskin Scientific Ltd.
Target
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IFLR1000
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