Overview

Under the agreement of this take-private transaction worth C$9 billion, Boralex will continue to operate as an independent private company following closing.

Our Outlook Series 2026 provides forward‑looking analysis of the most important legal, regulatory, and market developments affecting Canadian organizations.

Nigel Johnston is counsel 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.

Mr. Johnston appears in the current Canadian Legal Lexpert Directory, a guide to the leading law firms and practitioners in Canada, as a leading lawyer in the areas of investment funds and asset management, and corporate tax. He is recognized as a leading lawyer in the area of corporate tax in the current edition of Who's Who Legal: Canada. He also appears in the most recent editions of Chambers Global: Guide to the World’s Leading Lawyers for Business and Chambers Canada 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.

He is a member of the Industry Regulation and Taxation Committee of the Portfolio Management 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.

Practice Areas

• Banking/Finance
• Taxation Law

Bar Information

Called to the bar: 1984 (ON)