Canadian Lawyer InHouse

www.canadianlawyermag.com/inhouse 7 BUSINESS NEWS floating subordinated debentures. The debentures were offered through a syndicate of agents led by BMO Capital Markets and TD Securities Inc. as co-leads and bookrunners, and consisting of National Bank Financial Inc., CIBC World Markets Inc., RBC Dominion Securities Inc., Scotia Capital Inc. and Industrial Alliance Securities Inc. iA Financial Corporation was represented in-house by Jennifer Dibblee, vice president, legal services and corporate secretary, and Chantale Blais, senior legal counsel. Deal closes for $550-million event centre in Calgary Calgary Exhibition and Stampede Ltd closed a deal worth $550 million to build an event centre in Calgary. The centre will replace the old Saddledome, which is home to the Calgary Flames hockey team. It will include an arena that can accommodate up to 19,000 people, in addition to commercial and retail spaces. Bennett Jones LLP acted for Calgary Exhibition and Stampede in the deal, which was made with the City of Calgary and the Calgary Sports and Entertainment Corporation. WestJet completes $5-billion sale to Onex Corp. Onex Corp.'s $5-billion acquisition of WestJet Airlines Ltd. is being dubbed "the largest private equity purchase of an airline in aviation history." Goodmans LLP led the Canadian legal team on the corporate, regulatory, financing, tax and labour and benefits aspects, with a team that included Dale Lastman, Robert Vaux, Chris Sunstrum, Jamie Van Diepen, David Rosner, Celia Rhea, Mitchell Sherman, Carrie Smit, Susan Garvie and John Alton. Lawyer joins Pitblado after 25 years in-house Don MacDonald has returned to private practice after 25 years in-house. MacDonald was vice president and counsel at Investors Group Financial Services Inc. before joining Winnipeg-based Pitblado LLP in December 2019. With a focus on corporate and securities law, MacDonald has been involved in litigation, contracts, regulatory matters, M&A and quasi-legal issues such as risk management, crisis management and strategic initiatives. Prior to his in-house experience, MacDonald worked as a lawyer at the Manitoba Securities Commission. MLT Aikins hires Christian Monnin Christian Monnin has joined MLT Aikins as a partner in the Winnipeg advocacy group. He previously held the title of managing partner at Hill Sokalski Walsh LLP. In his new role, Monnin is practising in the areas of commercial and civil litigation and labour and employment law. He has extensive experience handling a wide range of large and complex matters, representing clients from a broad range of industries. His practice extends to constitutional and public law, international and domestic commercial arbitrations, as well as administrative advocacy with an emphasis on regulatory matters and labour law matters. Canopy Growth and Drake launch More Life Growth Company Canopy Growth Corporation and Drake have announced various agreements to launch the More Life Growth Company, a fully licensed producer of cannabis based in Drake's hometown of Toronto. In connection with the launch of the More Life brand, More Life Growth Company, a previously wholly owned subsidiary of Canopy Growth, has issued shares to certain entities that are controlled by Drake. Following the issuance of the shares, Drake holds a 60-per-cent ownership interest in the More Life Growth Company, with Canopy Growth retaining a 40% ownership. ATCO Group completes sale of Canadian fossil fuel-based electricity portfolio Canadian Utilities Limited (an ATCO company) completed the sale of its entire Canadian fossil fuel-based electricity generation portfolio for approximately $835 million. The transaction was completed in three stages: a sale of the interest of ATCO Power Canada Ltd. in the Cory facility and related assets in Saskatchewan to SaskPower International, a sale of ATCO Power's interests in Brighton Beach Power LP and Brighton Beach Power Ltd. to Ontario Power Generation Inc., and a sale of ATCO Power (2010) Ltd.'s direct equity in ATCO Power (and indirect interest in Alberta Power (2000) Ltd.) to Heartland Generation. iA Financial Corp. completes $400m public offering of debentures iA Financial Corporation Inc. completed a public offering of $400 million principal amount of 3.072 per cent fixed/

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