Timothy (Tim) McCormick

Partner

Toronto
[email protected]
416.367.6091

Tim McCormick is the Regional Group Manager and a Partner in the M&A and Capital Markets Group at BLG. His practice focuses on advising clients and their boards, both public and private, on all significant corporate matters including mergers and acquisitions, activism and corporate governance. In addition to his M&A practice, Tim is a recognized leader in corporate finance where he advises issuers and dealers on all aspects of raising capital in the public and private markets. Tim is a sought-after adviser on both sides of capital markets transactions in debt and equity capital markets.

Tim has represented clients in many M&A transactions and corporate matters in recent years, including Telesat in its go-public Up-C Transaction with Loral Space and PSP Investments; exactEarth in its acquisition by Spire Global, as well as its spinout when COM DEV was acquired by Honeywell; VersaBank, a schedule 1 bank in Canada, in its amalgamation with PWC Capital under the Bank Act, its U.S. initial public offering and numerous acquisitions of private companies; Raymond James in its acquisition of Oak Trust, a Canadian trust company; IoM Media in its acquisition of a major animation studio from DHX Media; Fortune Brands in its acquisition of a private Canadian technology company; a number of commercial finance companies in sales and acquisitions including recently the iFinance Canada when it was acquired by Iceberg Finance; a number of mining companies in M&A deals and go-publics in Canada. Tim has advised many of the largest Canadian corporate debt issuers including John Deere, Loblaw, SNC Lavalin and Telesat in debt offerings. In addition to issuer work in the debt capital markets, he has acted on a number of non-investment grade offerings including in connection with Sobey’s acquisition of Safeway Canada and a number of offerings in the energy and resource sector. He has also represented investment dealers in large and small equity offerings in some of the most complex circumstances, regularly acting for almost all of the Canadian bank owned dealers and a number of independent dealers.

Matters listed include representations and engagements at a prior firm.

Timothy provides legal services through a Law Corporation.

Experience

Tim has extensive experience in a broad of range of industries across the M&A and capital markets spectrum. Notable experience includes:

Aerospace, technology and telecom

  • Represented Telesat Corporation in $2.54B funding agreement (for its subsidiary, Telesat LEO Inc.) for its broadband satellite constellation
  • Telesat Corporation in its US$5.0 billion Up-C transaction with Loral Space & Communications Inc. and PSP Investments
  • Telesat Canada in:
    • its $400 million senior secured notes offering and $1.9 billion term loan refinancing; and

Financial institutions

  • John Deere Financial, John Deere Capital Corporation, Deere Funding Canada Corp and other affiliates in Deere’s ongoing Canadian medium term note program and commercial paper programs
  • Raymond James Limited in its acquisition of Oak Trust, a Canadian trust company
  • VersaBank, a schedule 1 bank, in:
    • its amalgamation with PWC Capital Inc. (believe to be the first amalgamation under the Bank Act)
    • numerous debt and preferred offerings
    • its U.S. IPO and second listing on NASDAQ
    • its acquisition of Digital Boundary Group and other private deals
    • its creation and set up of VersaVault and its digital deposit receipts
  • EdgePoint Wealth Management and Cymbria Corporation in various capital markets matters
  • iFinance Canada in its acquisition by Iceberg Finance
  • D+H Corporation in multiple acquisitions
  • First National Financial in numerous debt and equity financings and other special projects

Industrials and diversified

  • Loblaw including in its $800 million note offering
  • SNC Lavalin including in its $300 million note offering
  • Morguard in numerous note offerings
  • Fortune Brands acquisition of N4 Systems
  • Centric Health in various governance and financing matters
  • GFL Environmental with various debt offerings and consent solicitations
  • ERAC Canada (Enterprise Rent-A-Car) with various debt offerings and consent solicitations
  • Dedicated dealers counsel on the medium term note program for Union Gas Limited

Media & entertainment

  • IoM Media’s acquisition of an animation studio from DHX Media
  • Sirius XM Canada with various debt offerings and related matters
  • Mood Media (original Fluid Music) in:
    • its acquisition of Somerset Entertainment
    • its acquisition of Mood Media SA
    • financings and consent solicitations

Mining

  • Matador Mining in the investment by B2 Gold
  • Alacer Gold (now SSR Mining) in:
    • its merger of equals with Avoca Resources
    • numerous equity and convertible debt offerings
    • its project finance and development of the Copler Project
    • its joint venture with Calik Mining
  • Numerous equity, convertible debt and flow through offerings for almost every dealer on the street inclduing offerings by Franco Nevada, Gatos Silver, Pretium Resources, Entrée Gold, Osisko Development, New Found Gold, Silvercrest Metals, Probe Metals, Magna Mining, Rupert Resources, Frontier Lithium, Marimaca Copper, Big Ridge Gold, Silver Tiger, Rock Tech Lithium, Mountain Province Diamonds

Beyond Our Walls

Professional Involvement

  • Member, Canadian Bar Association
  • Member, Law Society of Ontario

Awards & Recognitions

  • Recognized in the 2025 edition of The Best Lawyers in Canada® (Mergers and Acquisitions Law, Securities Law) and since 2021 (Corporate Law, Mining Law).
  • Recognized in the 2024 edition of Lexpert Special Edition: Energy and Mining
  • Recognized as a Leading Lawyer in the 2024 edition of The Canadian Legal Lexpert Directory (Private Equity and Corporate Commercial Law) and since 2022 (Corporate Finance & Securities, Corporate Mid-Market, Mergers & Acquisitions and Mining).
  • Recognized in the 2024 edition of Lexpert Special Edition: Finance and M&A and recognized as a Leading Lawyer in the 2022 edition.
  • Recognized as a Leading Lawyer in the 2023 edition (and since 2022) of Lexpert Special Edition: Infrastructure.
  • Recognized in the 2023 edition (and since 2022) of Lexpert Special Edition: Mining
  • Recognized as a 2021 Acritas Star.
  • Recognized in the 2015 Lexpert’s Rising Stars: Leading Lawyers Under 40.

Bar Admission and Education

  • Ontario, 2006
  • J.D., University of Windsor, 2005