Candy Saga photo
Candy Saga photo
Candy Saga photo

Candy Saga is an accomplished business lawyer with deep expertise in all aspects of public private partnerships (P3), infrastructure transactions and project finance.

With extensive experience in the infrastructure space, Candy has acted as lead counsel to the successful consortia on a variety of major initiatives, including a residual treatment facility, a university art school construction project, and a commuter parkway and traffic bridge project.

In addition to her project finance and P3 structuring skills, Candy brings extensive experience in mergers and acquisitions, public and private financings, and structured finance.

Prior to joining TRC-Sadovod, Candy was senior North American counsel for Bilfinger Project Investments.



Representative Matters

  • Lead counsel representing the successful consortium in bidding and reaching financial close on the CRD Residuals Treatment Facility P3 project in the Capital Regional District, British Columbia
  • Lead counsel representing BBGI in its investment in an infrastructure fund established by SNC-Lavalin
  • Lead counsel representing the successful consortium in bidding and reaching financial close on the North Commuter Parkway and Traffic Bridge P3 project in Saskatoon, Saskatchewan
  • Lead counsel representing the successful consortium in bidding and reaching financial close on the Emily Carr University of Art + Design project in Vancouver, British Columbia
  • Lead counsel representing the successful consortium in bidding and reaching financial close on the Saskatoon Civic Operations Center project in Saskatoon, Saskatchewan
  • Lead counsel for Bilfinger Project Investments in the US$789- million Ohio River Bridges – East End Crossing (Indiana) project, taking the project through all stages from qualification to financial close
  • Lead counsel for Bilfinger Project Investments in the $460-million Women’s College Hospital project, taking the project through all stages from qualification to financial close. The project has won awards for its innovative financing structure
  • Lead member of the legal team representing Bilfinger Project Investments in the sale of 19 project investments for GBP200 million to a London-listed fund
  • Lead counsel for Babcock & Brown in the $430-million Alberta Schools I project, taking the project through all stages from qualification to financial close. The project has won several awards for innovation

Teaching Engagements

  • Adjunct Professor, University of Toronto, GPLLM Program, co-teaching a course on the Law and Policy of Public Private Partnerships, 2014-2018

News


Rankings & Recognition

  • Recognized by Chambers Canada (2024) as a leading lawyer in the area of Projects: PPP & Infrastructure
  • Recognized by Best Lawyers in Canada (2024) as a leading lawyer in the area of Project Finance Law
  • Recognized by Chambers Global (2023) as a leading lawyer in the area of Projects: PPP & Infrastructure
  • Recognized by Chambers Canada (2023) as a leading lawyer in the area of Projects: PPP & Infrastructure
  • Recognized by Best Lawyers in Canada (2023) as a leading lawyer in the area of Project Finance Law
  • Recognized in the 2022 Canadian Legal Lexpert Directory as a Repeatedly Recommended Lawyer in the area of Project Finance
  • Recognized by Chambers Global (2022) as a leading lawyer in the area of Projects: PPP & Infrastructure
  • Recognized by Chambers Canada (2022) as a leading lawyer in the area of Projects: PPP & Infrastructure
  • Recognized by Best Lawyers in Canada (2022) as a leading lawyer in the area of Project Finance Law
  • Recognized by Chambers Global (2021) as a leading lawyer in the area of Projects: PPP & Infrastructure
  • Recognized by Chambers Global (2020) as a leading lawyer in the area of Projects: PPP & Infrastructure
  • Recognized by Chambers Canada (2020) as a leading lawyer in the area of Projects: PPP & Infrastructure
  • Recognized by Chambers Global 2019 as a leading lawyer in the area of Projects: PPP & Infrastructure
  • Recognized by Chambers Canada 2019 as a leader in Projects: PPP & Infrastructure
  • Recognized in Chambers Global 2018 as a leading lawyer in the area of Projects: PPP & Infrastructure
  • Recognized in Chambers Canada 2018 as a leading lawyer in the area of Projects: PPP & Infrastructure
  • Recognized in Chambers Global 2017 as a leading lawyer in the area of Projects: PPP & Infrastructure
  • Recognized in Chambers Canada 2017 as a leading lawyer in the area of Projects: PPP & Infrastructure

Directorships & Affiliations

  • Member of the Steering Committee, Canadian Infrastructure Law Forum, 2014
  • Member of the Steering Committee, North American Infrastructure Law Forum, 2011 and 2013

Education & Admissions

2003
Called to the British Columbia bar
1986
Called to the Ontario bar
1990
MA, English LiteratureUniversity of Toronto
1984
LLBUniversity of Toronto
1979
BA, Major in English Literature, Minor in Political ScienceUniversity of Toronto

Insights (1 Posts)View More

Featured Insight

Inconvenient Termination: The Financial Impact of Terminating Public-Private Partnership (“P3”) Projects

The enormous success of the P3 model in delivering on time and on budget public infrastructure[1] can see troubled waters when new Governments arrive

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Jun 12, 2018

Deals & Cases (8 Posts)

Featured Insight

Ontario Line Southern Civil, Stations and Tunnel Project

On November 8, 2022, Infrastructure Ontario and Metrolinx reached Financial Close on a $6 billion fixed-price contract with Ontario Transit Group, a consortium comprised of Ferrovial Construction Canada Inc. and VINCI Construction Grands Projets, to design, build and finance the Ontario Line Southern Civil, Stations and Tunnel Project.

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Nov 8, 2022
Featured Insight

BBGI Global Infrastructure Invest $41 Million in Canada’s First Public-Private Partnership Project in the Hydropower Sector

On February 4, 2022, BBGI Global Infrastructure S.A. reached financial close on a $41 million investment in InPower BC General Partnership, the project company responsible for the John Hart Generating Station Replacement Project.

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Feb 4, 2022
Featured Insight

Five New High Schools Being Built Under a DBFM Contract in Alberta

On September 28, 2021, Concert-Bird Partners reached financial close on its $300 million Alberta P3 school bundle, “Five New High Schools in Alberta Project.” 

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Sep 28, 2021
Featured Insight

Pattullo Bridge Replacement Project Reaches Financial Close

On February 10, 2020, Aecon Group Inc. (TSX: ARE) announced that Fraser Crossing Partners had reached financial close on the Pattullo Bridge Replacement Project in British Columbia.

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Feb 1, 2020
Featured Insight

Hurontario LRT

On October 21, 2019, the Mobilinx consortium reached financial close of the CAD$4.6 Billion DBFOM contract with Infrastructure Ontario (“IO”) and Metrolinx for the Hurontario Light Rail Transit (“LRT”) Project in Ontario.

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Oct 21, 2019
Featured Insight

Ottawa’s Trillium Line South Extension

On March 29, 2019, the City of Ottawa and TransitNEXT reached financial close on the Stage 2 Trillium Line south extension, a key component of Ottawa’s C$2.366 billion Stage 2 LRT project.

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Mar 29, 2019
Featured Insight

North Commuter Parkway and Traffic Bridge Project reaches financial close

North Commuter Parkway and Traffic Bridge Project reaches financial close

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Nov 3, 2015
Featured Insight

Ontario Infrastructure and Lands Corporation closes financing on $1.2 billion Highway 407 East Phase 2 Project

Ontario Infrastructure and Lands Corporation closes financing on $1.2 billion Highway 407 East Phase 2 Project

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Mar 10, 2015