Nigel Johnston is a partner in our Tax Group in Toronto. His practice focuses on corporate income tax issues, resource taxation (including renewable energy), providing tax advice to the investment funds industry and the creation of new financial products. He has advised numerous clients with respect to investments in offshore investment funds and proposed amendments to the Income Tax Act relating to such investments. He has advised one of Canada's largest registered charities with respect to long-range planning and day-to-day compliance issues including dealing with the Canada Revenue Agency. Mr. Johnston's recent public transactions include: · acting for Build America Investment Grade Bond Fund on its initial public offering; · acting for the agents in the initial public offering of Front Street Flow-Through 2009-1 Limited Partnership, a partnership formed to invest in flow-through shares of resource issuers, and for the agents in respect of numerous other flow-through share offerings; · acting for Creststreet Power & Income Fund LP, a partnership established to develop two wind energy projects that involved an initial flow-through limited partnership offering, a convertible debenture offering, a project financing, a subsequent equity offering and ultimately the sale of the projects and distribution of proceeds to investors; · the reorganization of Creststreet 2007 Limited Partnership; and · public offerings by Urbana Corporation and the acquisition by it of the assets of certain partnerships on a tax deferred basis. Mr. Johnston appears in the 2011 Canadian Legal Lexpert Directory, a guide to the leading law firms and practitioners in Canada, as a leading lawyer in the area of investment funds and asset management and in the area of corporate tax. He also appears in the 2011 edition of Chambers Global: Guide to the World's Leading Lawyers for Business, as a leading lawyer in the area of tax, and in Lexpert's 2006 US Guide to Canada's Top 100 Industry Specialists. Mr. Johnston is listed as one of The Best Lawyers in Canada in the field of tax law for 2012. He is a member of the Industry Regulation and Taxation Committee of the Investment Counsel Association of Canada and the Taxation Working Group of the Investment Funds Institute of Canada. He was a member of the "Informal Consultative Group on the Taxation of Collective Investment Vehicles" and of the "Pilot Group on Improving Procedures for Cross-Border Tax Claims" organized by the OECD's Centre for Tax Policy and Administration. He is a member of the editorial board of the Canada Tax Service (Carswell). He was formerly a technical adviser to the CBA-CICA Joint Committee on taxation and has spoken and written widely on income tax matters. Mr. Johnston received his BA (magna cum laude) in 1979 from Queen's University and his LLB in 1982 from the Osgoode Hall Law School. He was called to the Ontario bar in 1984. |