100 King St W, Suite 1600, 1 First Cdn Pl, Toronto, ON
Year called to bar: 1997 (ON)
Paul Carenza is a partner in Gowling WLG's Toronto office and the practice group leader of its firm-wide tax group. He works with a broad range of Canadian and international clients in the private and public sectors, delivering creative and practical solutions to meet their business needs. For more than 25 years, he has concentrated on providing clients with income tax advice in domestic and cross-border corporate acquisitions, reorganizations, offerings, and financings. He also represents clients in disputes with tax authorities and provides technical guidance on executive compensation matters, including compensation plan design and cross-border assignments. He also advises clients in the energy sector in Ontario on payments-in-lieu of taxes and related matters. He is a regular writer, speaker, and panellist at various conferences covering a variety of matters related to tax law. He is the editor-in-chief of Thomson Reuters’ Taxation of Executive Compensation and Retirement Journal and also serves as co-editor of Gowling WLG’s Canadian Tax newsletter. Fluent in both English and French, he is called to the Ontario bar. He has been recognized in Chambers Canada, The Canadian Legal Lexpert® Directory,The Best Lawyers™ in Canada, and the Legal 500 Canada.
On March 14, 2019, Aleafia Health Inc. (TSX: ALEF) completed its acquisition of Emblem Corp. (TSXV: EMC) by way of a plan of arrangement under the provisions of the Canada Business Corporations Act in an all share transaction valued at approximately $172.3 million at the time of the deal’s announcement. Pursuant to the arrangement, Aleafia acquired all of the common shares of Emblem, to form a new wholly-owned subsidiary continuing as “Emblem Corp.” Following the transaction, Aleafia graduated from the TSX Venture Exchange and commenced trading on the Toronto Stock Exchange.
On August 3, 2018, an affiliated entity of Teranet Inc., CM Solutions Inc., acquired all of the issued and outstanding shares of D+H Collateral Management Corp., a division of Finastra Holdings Inc.
Sulliden Gold Corporation Ltd., a Canadian-based development stage mining company, was acquired by Rio Alto Mining Limited for $377 million by way of a court-approved plan of arrangement.
