Department profile
Torys LLP

Project Finance

Canada Guide 2026 : Nationwide - Canada

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Torys LLP

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About

Provided by Torys LLP

No matter the asset class, region, size, complexity or stage in the project life cycle, Torys’ multidisciplinary team provides 360-degree insight into our clients’ projects.

Torys acts on some of the most significant, first-of-kind projects in the market. Our multidisciplinary projects team is made of leading practitioners in the space, known for their capabilities in helping public- and private-sector clients in the projects ecosystem to plan, procure, build, and finance major capital projects across North America.

Our diverse practice strengths and combined experience give clients nuanced and informed advice for every dimension of project development—from strategic planning, permitting, procurement and financing advice, to M&A, regulatory, environmental, real estate and Indigenous matters.

From offices in Toronto, Calgary and New York, we offer unique cross-regional advice. We work with both Canadian and U.S.-based clients on their Canadian and U.S. projects.

Chambers Review

Provided by Chambers

Project Finance - Nationwide - Canada

What the Team is Known For

Torys offers significant experience of municipal and provincial project development, advising on major mandates from coast to coast, as well as in the USA. From its base in Toronto and with the support of specialised partners based in New York, the team has been involved in a significant number of major projects in Western and Northern Canada. The firm's recent deal sheet includes a number of notable engagements on behalf of public authorities; it is also noted for its representation of lenders and sponsors, with broad industry expertise encompassing water and waste water, fibre optics, transit and renewable energy, among other areas.

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Work Highlights

Provided by Chambers

  • Torys was retained by HFR to advise on the design and implementation of the Indigenous consultation and engagement for a major rail transportation infrastructure project, the Toronto-Québec City Rapid Train Network Project.

Strengths

Provided by Chambers

  • Torys is really responsive and really timely, which is important for tight timelines. They are really ahead of the game.

    Project Finance respondentCanada

  • Torys are top-notch professionals and subject matter experts. They know the industry and what is market.

    Project Finance respondentCanada

  • Torys has consistently been able to remove the complexity from any situation, explain it in simple terms and has been there every step to help get even the most complex situations resolved.

    Project Finance respondentCanada

  • The team's ability to handle complex and unique challenges is their strength. They have the right resources for the specific project and issue.

    Project Finance respondentCanada

  • Torys is a great team. They are top-tier lawyers with significant depth and breadth. They offer excellent work and super fast response time.

    Project Finance respondentCanada

Notable Practitioners

Provided by Chambers

  • Mark WS Bain
    Mark WS Bain

    Mark WS Bain

    Based in Toronto, Mark Bain has a wealth of experience in the representation of public authority interests, and is frequently sought after for assistance in the development of power, road, rail and social infrastructure projects.

    • Mark is one of the top lawyers in the infrastructure field, with incredibly deep experience, who is always able to provide relevant and on-point advice

      Project Finance respondentCanada
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  • Scott A Kraag
    Scott A Kraag

    Scott A Kraag

    Scott Kraag acts predominantly across the energy, PPP, social infrastructure and mining spaces in the provision of project finance counsel out of the firm's Toronto office.

    • Scott Kraag is one of the best project finance lawyers in Canada.

      Project Finance respondentCanada

    • Scott is great for projects.

      Project Finance respondentCanada
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  • Josh Van Deurzen
    Josh Van Deurzen

    Josh Van Deurzen

    Josh Van Deurzen is often instructed by project proponents, lenders and public authorities engaged in PPP transactions, further assisting with mandates across the wider infrastructure space out of the firm's Toronto office.

    • Josh is responsive, knowledgeable and always available to assist.

      Project Finance respondentCanada

    • It is a pleasure working with Josh.

      Project Finance respondentCanada

    • Josh is a great all round lawyer.

      Project Finance respondentCanada
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  • Milosz Zemanek
    Milosz Zemanek

    Milosz Zemanek

    Toronto-based Milosz Zemanek focuses on project financing in energy and infrastructure. He serves as the head of Torys' energy storage practice.

    • Milosz understands the market and helps us land in a good spot.

      Project Finance respondentCanada

    • Milosz is a trusted adviser for many reasons.

      Project Finance respondentCanada
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  • Tara Mackay
    Tara Mackay

    Tara Mackay

    Tara Mackay is noted for her expertise in sophisticated infrastructure projects, including public-private partnerships. She splits her time between the firm's New York and Toronto offices.

    • I can't say enough good things about Tara. I trust her implicitly.

      Project Finance respondentCanada

    • Tara is terrific. She is a strong player, smart and well respected.

      Project Finance respondentCanada
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Ranked Individuals at Torys LLP (5)

Nationwide - Canada

Members

Provided by Torys LLP

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