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.

Paul Steep is a counsel in our Litigation Group. He carries on a broad commercial litigation practice with a specific focus on securities litigation including class actions. He has an active trial and appellate practice before all levels of the Courts of Ontario, including the Supreme Court of Canada.

Paul's practice involves major commercial disputes, including contractual disputes, all forms of securities litigation, oppression remedies, directors’ and officers’ liability cases, banking litigation, and class actions. He has acted as counsel in contested take-over bids to target companies and on behalf of bidders. He appears regularly before the OSC on a variety of regulatory and enforcement matters. He also regularly acts on behalf of corporations and persons subject to OSC investigation. In addition, he has conducted trials and appeals in major medical malpractice claims. Paul is a past chair of the firm’s Litigation Group, a pre-eminent group of litigators practising in virtually all areas of civil litigation before a wide variety of courts and tribunals throughout Canada. He has also recently served as a member of the firm’s Board of Directors.

Paul is a fellow of the American College of Trial Lawyers. He received his BA (Hons.) and his LLB from Queen’s University.

Practice Areas

• Administrative Law
• Criminal Law
• Civil Litigation
• Securities
• Constitutional Law

Bar Information

Called to the bar: 1982 (ON)