Torys - Canada - Firm Review

World Tax Reviews

Overview

Tory’s has maintained a long-term reputation as a tax powerhouse across transactional, advisory, and litigation support. Tory’s tax professionals deliver specialized advice across several industries including manufacturing, technology, banking, and mining. The tax team currently has 13 partners. The group provides cross-border services in Canada and the U.S., with offices in Toronto and Calgary, and New York.

During the research cycle, Tory’s remained active in the transactional space. The firm assisted with Homesteaders Life Company as they sought to acquire the largest publicly traded Funeral home in Canada. The firm was also involved in M&A transactions for Alberta, Manitoba and Saskatchewan credit union centrals in their sale of business to CGI Inc.

Tax

Tory’s has maintained a long-term reputation as a tax powerhouse across transactional, advisory, and litigation support. Tory’s tax professionals deliver specialized advice across several industries including manufacturing, technology, and mining. The department is made up of twenty-four professionals. The group provides cross-border services in Canada and the U.S., with offices in Toronto and Calgary, and New York.

Over the research period, Tory’s represented Brookfield in a complex, $20 billion dollar spin-off resulting in the division of Brookfields into 2 companies: Brookfield Corp and Brookfield Asset Management Corp. As both new corporations will be publicly traded, and assets were to be split Tory’s took a ‘butterfly reorganization’ approach which remains one of the most complex type of transactions in the Canadian tax system.

Client feedback

“Full service firm, exceptional tax practitioners.”

“Again, they are top tier.”