22 Adelaide St W, Suite 3400, Bay Adelaide Centre, East Tower, Toronto, ON
Year called to bar: 1996
Stephen is a leading financial services lawyer who provides clients with practical legal advice related to banking, financial institution regulation, fintech, payment cards, and payment mechanisms. He is recognized nationally and internationally for his expertise in these areas and is ranked in Chambers for both Financial Institution Regulation and FinTech. He is also the Firm’s National Group Head for Specialized Business Law, comprised of Financial Services, Commercial Real Estate, Intellectual Property, and Tax, is a member of the Firm's National Management Committee, and is the co-chair of the firm's Innovation Thought Leadership Committee. Stephen has extensive experience creating innovative and efficient solutions for clients and using innovative tools and technologies. He obtained an LLB from Osgoode Hall Law School and a BA (Hons.) from McGill University. Called to the Ontario Bar in 1996.
On February 23, 2017, Canada Housing Trust No. 1 completed a two-tranche debt financing consisting of the issuance of Floating Rate Canada Mortgage Bonds, Series 75 (Re-Opening), in an aggregate principal amount of $3 billion and 2.35-per-cent Mortgage Bonds, Series 77, in an aggregate principal amount of $2.5 million for a combined total of $5.5 billion of Canada Mortgage Bonds, which were provided with Canada’s sovereign guarantee through Canada Mortgage and Housing Corp. (CMHC).
Canada Housing Trust No. 1, a special purpose securitization trust, completed a two-tranche debt financing consisting of the issuance of 2.650 per cent Canada Mortgage Bonds, Series 45 (Second Re-opening), in an aggregate principal amount of $2,000,000,000 and Floating Rate Canada Mortgage Bonds, Series 47, in an aggregate principal amount of $2,500,000,000 for a combined total of $4,500,000,000 of Canada Mortgage Bonds
Canada Housing Trust No. 1, a special purpose securitization trust, completed a two-tranche debt financing consisting of the issuance of 2.650 per cent Canada Mortgage Bonds, Series 45 (Re-opening), in an aggregate principal amount of $2,500,000,000 and Floating Rate Canada Mortgage Bonds, Series 44 (Re-opening), in an aggregate principal amount of $3,000,000,000 for a combined total of $5,500,000,000 of Canada Mortgage Bonds, which were provided with Canada's sovereign guarantee through Canada Mortgage and Housing Corporation (CMHC).
Canada Housing Trust No. 1, a special purpose securitization trust, completed a debt financing consisting of the issuance of 1.850 per cent Canada Mortgage Bonds, Series 43 (Re-opening), in an aggregate principal amount of $5,500,000,000, which was provided with Canada's sovereign guarantee through Canada Mortgage and Housing Corporation (CMHC).
Canada Housing Trust No. 1, a special purpose securitization trust, completed two debt financings.
The first was completed on August 24, 2011 and the second was completed on September 23, 2011.
On June 22, 2010, Canada Housing Trust No. 1, a special purpose securitization trust, completed a debt financing consisting of the issuance of 3.150 per cent Canada Mortgage Bonds, Series 35, in an aggregate principal amount of $5,500,000,000, which was provided with Canada's sovereign guarantee through Canada Mortgage and Housing Corp.
Canada Housing Trust No. 1, a special purpose securitization trust, completed two debt financings. The first was completed on May 26, 2011 and the second was completed June 22, 2011.
