Trevor regularly advises on Canada’s most high profile and complex transactions, delivering strategic and practical advice to senior public and private companies, private equity sponsors, institutions, investment banks, special committees and boards of directors on mergers & acquisitions (hostile and negotiated), equity and debt financings, restructurings, corporate governance and shareholder activism, across various industries.
Trevor is widely recognized as a leading practitioner, including by Best Lawyers in Canada, Chambers Canada: Canada’s Leading Lawyers for Busines, IFLR 1000: The Guide to the World’s Leading Financial Law Firms, The Canadian Legal Lexpert Directory, and Thomson Reuters. For 2021 and 2017, Trevor was recognized by Best Lawyers as “Lawyer of the Year” for corporate governance.
Trevor is the former Chair of the Canadian Bar Association’s National Business Law Section and a former Chair of the Securities Law Subsection of the Canadian Bar Association (BC). He is also a past member of the Securities Law Advisory Committee, which is a committee of leading lawyers that provides advice to the British Columbia Securities Commission on legal and policy issues relating to securities regulation.
Trevor regularly lectures and authors articles on mergers & acquisitions, corporate finance and shareholder activism. He is a past director of the Pacific Salmon Foundation.
Areas of Expertise
Representative Work
- ADENTRA Inc.
ADENTRA Inc. in its Bought Deal Public Offering of Common Shares
- First Nations Finance Authority
First Nations Finance Authority in its $452 million offering of Senior Secured Bonds
- National Bank of Canada Financial Markets
The syndicate of underwriters in the US$2.50 billion bond offering by the Province of British Columbia
- Mind Medicine
Mind Medicine in its US$175 million underwritten public offering and concurrent private placement
- First Nations Finance Authority
First Nations Finance Authority in its $357 million offering of Senior Secured Bonds
- Diversified Royalty Corp.
Diversified Royalty Corp. acquires trademarks and other intellectual property rights of BarBurrito Restaurants Inc.
- Mind Medicine
Mind Medicine in its US$50 million senior secured credit facility with K2 HealthVentures
- CIBC World Markets
The syndicate of underwriters in the US$2.25 billion bond offering by the Province of British Columbia
- Mind Medicine
Mind Medicine in its successful proxy contest against FCM MM Holdings, LLC
- Aldesta Hotels and Resorts
Aldesta Hotels and Resorts in its acquisition of Fairmont Hot Springs Resort Ltd
- WeCommerce Holdings
WeCommerce in its $962 million business combination with Tiny Capital
- Mind Medicine
Mind Medicine in its US$30 million public offering
- TELUS Corporation
The Syndicate of agents in TELUS Corporation’s $2 billion three-tranche note offering
- Mind Medicine
MindMed in its US$100 million At-the-Market Program
- TerraFarma
TerraFarma in its up to $68 million acquisition by Aurora Cannabis
- First Nations Finance Authority
First Nations Finance Authority in its $354 million offering of Senior Secured Bonds
- Tantalus Systems
Tantalus Systems in its acquisition of Congruitive
- Vigil Health Solutions Inc.
Vigil Health Solutions in its acquisition by ASSA ABLOY
- Hardwoods Distribution Inc.
Hardwoods Distribution Inc. in its $100.6 million offering
- Apollo Global Management Inc.
Apollo Global Management in its $3.3 billion acquisition of Great Canadian Gaming Corporation
- First Nations Finance Authority
First Nations Finance Authority in the establishment of a $400 million Commercial Paper Program
- Tantalus Systems
Tantalus Systems in its inaugural $50 million Shelf Prospectus and related Public Offering
- Hardwoods Distribution Inc.
Hardwoods Distribution Inc. in its US$302 million acquisition of Novo Building Products Holdings
- RBC Capital Markets, LLC
The syndicate of underwriters in the US$2.50 billion bond offering by the Province of British Columbia
- Outside Interactive
Outside Interactive in it acquisition of Pinkbike, CyclingTips and Trailforks
Mergers and Acquisitions
- $1.4 billion acquisition of Whistler Blackcomb Holdings Inc. by Vail Resorts, Inc
- Acquisition of MTT Innovation Incorporated by Barco NV
- Acquisition of Contigo Systems Inc. by Vecima Networks Inc
- Acquisition of Helm Operations (E-Doc Systems Group) by ClassNK
- $139 million acquisition of Pacific Northern Gas Ltd. by Alta Gas Ltd
- $50 million issuer bid by A&W Revenue Royalties Income Fund
- Acquisition of Backstage Technologies Inc. by RealNetworks Inc
- $417 million combination of Ram Power, Inc., GTO Resources Inc., Polaris Geothermal Inc. and Western GeoPower Corp., and concurrent $180 million subscription receipt financing
- US$915 million acquisition of Aspreva Pharmaceuticals Corporation by Galenica Group
- Acquisition of Blast Radius Inc. by WPP Group
- $75 million acquisition of TIR Systems Ltd. by Philips Electronics Ltd
- Amalgamation of the Fraser Port Authority, North Fraser Port Authority and Vancouver Port Authority (as counsel to Transport Canada)
- US$580 million supported take-over of AnorMED Inc. by Genzyme Corporation (which was preceded by a supported take-over bid by Millenium Pharmaceuticals, Inc. and an unsolicited take-over bid by Genzyme Corporation – the first hostile take-over bid in the North American biotechnology industry)
- $168 million acquisition by Glacier Ventures International Corp. of publication assets of Hollinger International
- $151 million take-over of Regalito Copper Corp. by Pan Pacific Copper Co, Ltd
- US$855 million acquisition by QLT Inc. of Atrix Laboratories, Inc
- $389 million take-over of Guinor Gold Corporation by Crew Gold Corporation
- Reverse take-over by Multiactive Software Inc. of Wheat Hills Resources Inc. and related $13 million public financing
- Merger of AirIQ Inc. and eDispatch.com Wireless Data Inc
- Acquisition by NxtPhase Corporation of the APT Power Technologies Division of Vansco Electronics Ltd
Public Financings – Equity
- $57.5 million public offering of subscription receipts by Hardwoods Distribution Inc
- Three public offerings by Interfor Corporation for approximately $210 million (including a $66.3 million subscription receipt offering) (as underwriters’ counsel)
- $19.2 million secondary offering by block trade of A&W Revenue Royalties Income Fund
- $70 million secondary offering by A&W Revenue Royalties Income Fund
- $51 million secondary offering of Westport Innovations Inc. (as selling shareholder’s counsel)
- $113 million initial public offering in Canada and the U.S. (on the Toronto Stock Exchange and NASDAQ) of Aspreva Pharmaceuticals Corporation (the then largest initial public offering by a Canadian biotechnology corporation)
- Four private placement offerings by Crew Gold Corporation for approximately $389 million (including a US$150 million subscription receipt offering)
- US$100 million Canadian shelf prospectus and U.S. registration statement by AnorMED Inc
- $192 million secondary offering for Catalyst Paper Corporation (as selling shareholder’s counsel)
- $144.1 million initial public offering by Hardwoods Distribution Income Fund and the related acquisition of a Canadian and United States hardwoods distribution business for $162.8 million
- $443 million initial public offering of Alberta Newsprint Fund and the related acquisition of an interest in a paper mill (as underwriters’ counsel)
- $38 million public offering by WGI Heavy Minerals Incorporated
- $26 million secondary offering for Pacific Northern Gas Ltd
- $82 million initial public offering by The Keg Royalties Income Fund and the related acquisition of intellectual property rights for $114.2 million (as underwriters’ counsel)
- $83 million initial public offering by A&W Revenue Royalties Income Fund and the related acquisition of intellectual property rights for $153.9 million
- US$3 billion multiple securities Canadian shelf prospectus and U.S. registration statement by 360networks Inc
- US$722 million initial public offering in Canada and the U.S. (on the Toronto Stock Exchange and NASDAQ) by 360networks inc. (the then largest initial public offering by a Canadian technology company)
- Two public offerings by eDispatch.com Wireless Data Inc. for $45.3 million
- Two public offerings by AnorMED Inc. for $55.5 million (as underwriters’ counsel)
- $20 million public offering by Stressgen Biotechnologies Corporation (as underwriters’ counsel)
Public Financings – Debt
- Since 2012, 87 bond offerings by the Province of British Columbia (as agents’/underwriters’ counsel) for approximately $50.9 billion (including a CNY 3,000,000,000 ($559 million) bond offering, matching the then largest offering in Chinese Renminbi by a foreign government (November 2014), and a CNY 2,500,000,000 ($428 million) bond offering, representing the first offering by a foreign government in Chinese Renminbi and the then largest offering by a foreign issuer (November 2013)
- Four bond offerings by the First Nations Finance Authority for $376 million
- Seven bond offerings by British Columbia Ferry Services Inc. (as agents’/underwriters’ counsel) for approximately $1.5 billion (including a $250 million initial public offering and implementing a capital markets platform)
- $350 million bond offering by Arrow Lakes Power Corporation (as agents’ counsel)
- Six medium term note or bond offerings by FortisBC Inc. or related companies for $760 million
- $182 million secured bond offering by Green Timbers Limited Partnership in connection with a P3 project for the RCMP headquarters in Surrey, British Columbia
- $100 million initial debenture offering by the Vancouver Fraser Port Authority (as agents’ counsel)
- Three bond offerings by Crew Gold Corporation for $305 million
- US$172.5 million convertible senior note offering by QLT Inc
- Euro $200 million high-yield debt offering by 360networks Inc
- Two high-yield debt offerings by 360networks inc. for US$1.1 billion
- $16 million convertible bond offering by Crew Gold Corporation
Venture Capital Financings
- US$345 million venture capital financing by 360networks Inc
- US$10 million venture financing by Adzilla Inc. and implementation of exchangeable share structure
- US$7 million convertible debenture financing by NxtPhase Corporation
- US$28 million venture capital financing by NxtPhase Corporation
- $18 million venture capital financing by Protiva Biotherapeutics Inc
- $6 million bridge loan financing by NxtPhase Corporation
Other Notable Transactions
- The syndicate of underwriters in the US$2.25 billion bond offering by the Province of British Columbia
- $20 million asset backed credit facility for Hardwoods Distribution Inc
- $140 million syndicated credit facility for the First Nations Finance Authority and implementation of a capital markets platform
- $100 million credit facility for the First Nations Finance Authority
- $550 million commercial paper program by the City of Vancouver
- conversion of Taiga Forest Products Ltd. to a stapled unit structure having a market capitalization of $215 million (as underwriters’ counsel)
- $300 million commercial paper program by Westcoast Energy Inc
- US$8 million project facility with Standard Bank London Limited for Crew Gold Corporation
- successful defence of unsolicited take-over bid by Proprietary Industries Inc. for eDispatch.com Wireless Data Inc
- US$23 million bridge loan facility for Western GeoPower Corp
- Successful removal of existing board of directors of Crew Gold Corporation and replacement with director nominees of dissident shareholder group
- Expert witness for securities law matters in Silvercorp Metals Inc. v. Anthion Management LLC, Supreme Court of New York
ADENTRA Inc. in its Bought Deal Public Offering of Common Shares
First Nations Finance Authority in its $452 million offering of Senior Secured Bonds
The syndicate of underwriters in the US$2.50 billion bond offering by the Province of British Columbia
Mind Medicine in its US$175 million underwritten public offering and concurrent private placement
First Nations Finance Authority in its $357 million offering of Senior Secured Bonds
- Diversified Royalty Corp.
Diversified Royalty Corp. acquires trademarks and other intellectual property rights of BarBurrito Restaurants Inc.
- Mind Medicine
Mind Medicine in its US$50 million senior secured credit facility with K2 HealthVentures
- CIBC World Markets
The syndicate of underwriters in the US$2.25 billion bond offering by the Province of British Columbia
- Mind Medicine
Mind Medicine in its successful proxy contest against FCM MM Holdings, LLC
- Aldesta Hotels and Resorts
Aldesta Hotels and Resorts in its acquisition of Fairmont Hot Springs Resort Ltd
- WeCommerce Holdings
WeCommerce in its $962 million business combination with Tiny Capital
- Mind Medicine
Mind Medicine in its US$30 million public offering
- TELUS Corporation
The Syndicate of agents in TELUS Corporation’s $2 billion three-tranche note offering
- Mind Medicine
MindMed in its US$100 million At-the-Market Program
- TerraFarma
TerraFarma in its up to $68 million acquisition by Aurora Cannabis
- First Nations Finance Authority
First Nations Finance Authority in its $354 million offering of Senior Secured Bonds
- Tantalus Systems
Tantalus Systems in its acquisition of Congruitive
- Vigil Health Solutions Inc.
Vigil Health Solutions in its acquisition by ASSA ABLOY
- Hardwoods Distribution Inc.
Hardwoods Distribution Inc. in its $100.6 million offering
- Apollo Global Management Inc.
Apollo Global Management in its $3.3 billion acquisition of Great Canadian Gaming Corporation
- First Nations Finance Authority
First Nations Finance Authority in the establishment of a $400 million Commercial Paper Program
- Tantalus Systems
Tantalus Systems in its inaugural $50 million Shelf Prospectus and related Public Offering
- Hardwoods Distribution Inc.
Hardwoods Distribution Inc. in its US$302 million acquisition of Novo Building Products Holdings
- RBC Capital Markets, LLC
The syndicate of underwriters in the US$2.50 billion bond offering by the Province of British Columbia
- Outside Interactive
Outside Interactive in it acquisition of Pinkbike, CyclingTips and Trailforks
Mergers and Acquisitions
- $1.4 billion acquisition of Whistler Blackcomb Holdings Inc. by Vail Resorts, Inc
- Acquisition of MTT Innovation Incorporated by Barco NV
- Acquisition of Contigo Systems Inc. by Vecima Networks Inc
- Acquisition of Helm Operations (E-Doc Systems Group) by ClassNK
- $139 million acquisition of Pacific Northern Gas Ltd. by Alta Gas Ltd
- $50 million issuer bid by A&W Revenue Royalties Income Fund
- Acquisition of Backstage Technologies Inc. by RealNetworks Inc
- $417 million combination of Ram Power, Inc., GTO Resources Inc., Polaris Geothermal Inc. and Western GeoPower Corp., and concurrent $180 million subscription receipt financing
- US$915 million acquisition of Aspreva Pharmaceuticals Corporation by Galenica Group
- Acquisition of Blast Radius Inc. by WPP Group
- $75 million acquisition of TIR Systems Ltd. by Philips Electronics Ltd
- Amalgamation of the Fraser Port Authority, North Fraser Port Authority and Vancouver Port Authority (as counsel to Transport Canada)
- US$580 million supported take-over of AnorMED Inc. by Genzyme Corporation (which was preceded by a supported take-over bid by Millenium Pharmaceuticals, Inc. and an unsolicited take-over bid by Genzyme Corporation – the first hostile take-over bid in the North American biotechnology industry)
- $168 million acquisition by Glacier Ventures International Corp. of publication assets of Hollinger International
- $151 million take-over of Regalito Copper Corp. by Pan Pacific Copper Co, Ltd
- US$855 million acquisition by QLT Inc. of Atrix Laboratories, Inc
- $389 million take-over of Guinor Gold Corporation by Crew Gold Corporation
- Reverse take-over by Multiactive Software Inc. of Wheat Hills Resources Inc. and related $13 million public financing
- Merger of AirIQ Inc. and eDispatch.com Wireless Data Inc
- Acquisition by NxtPhase Corporation of the APT Power Technologies Division of Vansco Electronics Ltd
Public Financings – Equity
- $57.5 million public offering of subscription receipts by Hardwoods Distribution Inc
- Three public offerings by Interfor Corporation for approximately $210 million (including a $66.3 million subscription receipt offering) (as underwriters’ counsel)
- $19.2 million secondary offering by block trade of A&W Revenue Royalties Income Fund
- $70 million secondary offering by A&W Revenue Royalties Income Fund
- $51 million secondary offering of Westport Innovations Inc. (as selling shareholder’s counsel)
- $113 million initial public offering in Canada and the U.S. (on the Toronto Stock Exchange and NASDAQ) of Aspreva Pharmaceuticals Corporation (the then largest initial public offering by a Canadian biotechnology corporation)
- Four private placement offerings by Crew Gold Corporation for approximately $389 million (including a US$150 million subscription receipt offering)
- US$100 million Canadian shelf prospectus and U.S. registration statement by AnorMED Inc
- $192 million secondary offering for Catalyst Paper Corporation (as selling shareholder’s counsel)
- $144.1 million initial public offering by Hardwoods Distribution Income Fund and the related acquisition of a Canadian and United States hardwoods distribution business for $162.8 million
- $443 million initial public offering of Alberta Newsprint Fund and the related acquisition of an interest in a paper mill (as underwriters’ counsel)
- $38 million public offering by WGI Heavy Minerals Incorporated
- $26 million secondary offering for Pacific Northern Gas Ltd
- $82 million initial public offering by The Keg Royalties Income Fund and the related acquisition of intellectual property rights for $114.2 million (as underwriters’ counsel)
- $83 million initial public offering by A&W Revenue Royalties Income Fund and the related acquisition of intellectual property rights for $153.9 million
- US$3 billion multiple securities Canadian shelf prospectus and U.S. registration statement by 360networks Inc
- US$722 million initial public offering in Canada and the U.S. (on the Toronto Stock Exchange and NASDAQ) by 360networks inc. (the then largest initial public offering by a Canadian technology company)
- Two public offerings by eDispatch.com Wireless Data Inc. for $45.3 million
- Two public offerings by AnorMED Inc. for $55.5 million (as underwriters’ counsel)
- $20 million public offering by Stressgen Biotechnologies Corporation (as underwriters’ counsel)
Public Financings – Debt
- Since 2012, 87 bond offerings by the Province of British Columbia (as agents’/underwriters’ counsel) for approximately $50.9 billion (including a CNY 3,000,000,000 ($559 million) bond offering, matching the then largest offering in Chinese Renminbi by a foreign government (November 2014), and a CNY 2,500,000,000 ($428 million) bond offering, representing the first offering by a foreign government in Chinese Renminbi and the then largest offering by a foreign issuer (November 2013)
- Four bond offerings by the First Nations Finance Authority for $376 million
- Seven bond offerings by British Columbia Ferry Services Inc. (as agents’/underwriters’ counsel) for approximately $1.5 billion (including a $250 million initial public offering and implementing a capital markets platform)
- $350 million bond offering by Arrow Lakes Power Corporation (as agents’ counsel)
- Six medium term note or bond offerings by FortisBC Inc. or related companies for $760 million
- $182 million secured bond offering by Green Timbers Limited Partnership in connection with a P3 project for the RCMP headquarters in Surrey, British Columbia
- $100 million initial debenture offering by the Vancouver Fraser Port Authority (as agents’ counsel)
- Three bond offerings by Crew Gold Corporation for $305 million
- US$172.5 million convertible senior note offering by QLT Inc
- Euro $200 million high-yield debt offering by 360networks Inc
- Two high-yield debt offerings by 360networks inc. for US$1.1 billion
- $16 million convertible bond offering by Crew Gold Corporation
Venture Capital Financings
- US$345 million venture capital financing by 360networks Inc
- US$10 million venture financing by Adzilla Inc. and implementation of exchangeable share structure
- US$7 million convertible debenture financing by NxtPhase Corporation
- US$28 million venture capital financing by NxtPhase Corporation
- $18 million venture capital financing by Protiva Biotherapeutics Inc
- $6 million bridge loan financing by NxtPhase Corporation
Other Notable Transactions
- The syndicate of underwriters in the US$2.25 billion bond offering by the Province of British Columbia
- $20 million asset backed credit facility for Hardwoods Distribution Inc
- $140 million syndicated credit facility for the First Nations Finance Authority and implementation of a capital markets platform
- $100 million credit facility for the First Nations Finance Authority
- $550 million commercial paper program by the City of Vancouver
- conversion of Taiga Forest Products Ltd. to a stapled unit structure having a market capitalization of $215 million (as underwriters’ counsel)
- $300 million commercial paper program by Westcoast Energy Inc
- US$8 million project facility with Standard Bank London Limited for Crew Gold Corporation
- successful defence of unsolicited take-over bid by Proprietary Industries Inc. for eDispatch.com Wireless Data Inc
- US$23 million bridge loan facility for Western GeoPower Corp
- Successful removal of existing board of directors of Crew Gold Corporation and replacement with director nominees of dissident shareholder group
- Expert witness for securities law matters in Silvercorp Metals Inc. v. Anthion Management LLC, Supreme Court of New York
Latest Insights
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Osler Update Jul 18, 2024
Corporate transparency registers: what private companies need to know as requirements get stricter across Canada
Requirements for private companies to disclose corporate ownership information on “transparency registers” have swept across Canada. We explain...
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Osler Update Dec 11, 2023
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In recent years, new requirements for private companies to disclose corporate ownership information have proliferated across Canada.
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Osler Update Jan 11, 2023
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Osler Update Dec 13, 2021
People, planet and performance: Embracing ESG
In 2021, we witnessed markedly greater attention being paid to Environmental, Social and Governance (ESG) considerations.
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Awards and Recognition
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Chambers Canada: Canada’s Leading Lawyers for Business: Recognized in Corporate/Commercial – British Columbia
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The Canadian Legal Lexpert Directory: Recognized in Corporate Finance & Securities; Corporate Commercial Law; Corporate Mid-Market; Mergers & Acquisitions; British Columbia’s best corporate and commercial lawyers in 2021
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Best Lawyers in Canada: Recognized in Corporate Governance Practice; Corporate Law; Mergers & Acquisitions Law; Mining Law; Securities Law; “Lawyer of the Year”, Corporate Governance Practice (2022)
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IFLR 1000: The Guide to the World’s Leading Financial Law Firms: Recognized in Capital Markets (Highly Regarded)
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Martindale-Hubbell: Recognized in Martindale-Hubbell Ranking (BV): Distinguished Rating
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Thomson Reuters: “Stand-out Lawyer”
Media Mentions
-
Osler News Apr 19, 2023
42 Osler lawyers recognized by Lexpert as leaders in Finance and M&A
Osler is proud to announce 42 of our lawyers have been recognized as leaders in the Lexpert Special Edition: Finance and M&A 2023.
Read more -
Osler News Apr 20, 2022
23 Osler lawyers recognized by Lexpert as leaders in Finance and M&A
Lexpert Special Edition: Finance and M&A 2022 recognizes 23 Osler lawyers.
Read more -
Osler News Aug 26, 2021
Osler recognized in 2022 edition of Best Lawyers Canada
Osler is proud to announce that 168 of our lawyers have been recognized in the 2022 Best Lawyers Canada rankings
Read more -
Osler News Apr 24, 2017
Osler welcomes new partner Trevor R. Scott to Vancouver office
Osler is pleased to welcome Trevor Scott as a partner in our Corporate Practice Group, which is among the leaders in Canada.
Read more
Community Involvement
- Former Chair of the Canadian Bar Association’s National Business Law Section·
- Former Chair of the Securities Law Subsection of the Canadian Bar Association (BC)
- Past member of the Securities Law Advisory Committee, which is a committee of leading lawyers that provides advice to the British Columbia Securities Commission on legal and policy issues relating to securities regulation
- Past director of the Pacific Salmon Foundation
Credentials
Education
- University of British Columbia J.D.
- Simon Fraser University B.B.A.
Languages
- English
Professional Affiliations
- Law Society of British Columbia
- Canadian Bar Association, British Columbia Branch