Barbara Worndl

Professional Involvement

Professional Activities

• Member of Council, International Fiscal Association (Canadian Branch)
• Governor and Member of the Executive Committee, Canadian Tax Foundation

Memberships

• American Bar Association
• Canadian Tax Foundation
• Canadian Bar Association
• International Bar Association
• International Fiscal Association (Canadian Branch)
• Ontario Bar Association

Representative Matters

Represented Allied Properties Real Estate Investment Trust, a leading operator of distinctive urban workspace in Canada’s major cities and network-dense urban data centres in Toronto, in its acquisition of six urban office properties from Choice Properties Real Estate Investment Trust for $794 million.

Represented Nextleaf Solutions Ltd., a federally regulated producer of cannabis oil that distributes cannabis vapes and oils under its prohibition-era brand, Glacial Gold^TM, in the completion of a marketed public offering of units for total gross proceeds of approximately $3 million.

Represented Cybin Inc., a biotechnology company focused on progressing psychedelic therapeutics, in the completion of an overnight marketed offering pursuant to a prospectus supplement to Cybin's short form base shelf prospectus, with aggregate gross proceeds of approximately $34 million.

Advised Putman Investments Inc., a Canadian-based, family-owned enterprise, on its acquisition of Toys “R” Us and Babies “R” Us Canada from Fairfax Financial Holdings Limited.

Selected Speaking Engagements

Barbara is a frequent writer and presenter on tax matters, including;

“Selected M&A Issues in the Current Economy,” the Canadian Tax Foundation's Definitive Guide to Owner-Manager Taxation Conference, Webcast, September 22, 2020.

“Mergers and Acquisitions – Recent Trends,” 7th Annual IBA Finance & Capital Markets Tax Conference, London, England, January 29-30, 2018.

“Recent Transactions,” 31st Annual Senior Tax Practitioners’ Institute, Langdon Hall, Cambridge, Ontario, October 25-27, 2017.

“Foreign Exchange – A Canadian Perspective,” 71st Congress of the IFA, Rio de Janeiro, Brazil, August 27 - September 1, 2017.

“Recent Canadian Merger Transactions,” 6th Annual IBA Tax Conference, London, England, January 30-31, 2017.

“Interest and Financing Costs,” 5th Annual IBA Tax Conference, London, England, February 8-9, 2016.

"Alternative non-treaty attacks on cross-border intercompany debt," Current International Tax Issues in Cross-Border Corporate Finance and Capital Markets, 3rd IBA/CIOT Conference, London, England, February 10-11, 2014.

"Practical Issues for U.S. Investment into Canada," 24th Annual Philadelphia Tax Conference, November 6-7, 2013.

"Cross Border Tax Update: Understanding Canadian and U.S. Taxation of Foreign Investment in Real Property," BNA-CITE 19th Annual U.S.-Canada Cross Border Conference, October 22, 2013.

"The Taxation of Foreign Passive Income for Groups of Companies: Canadian Report," International Fiscal Association (Canadian Branch): IFA 2013 Congress Reports, Montreal, May 23-24, 2013.

"Beneficial Ownership," 13th Annual Tax Planning Strategies U.S. and Europe, ABA Tax Panel, London, England, April 11-12, 2013.

"Impact of GAAR on Financing," Current International Tax Issues in Cross-Border Corporate Finance and Capital Markets, 2nd IBA/CIOT Conference, London, England, February 11-12, 2013.

Selected Publications

Barbara is a regular contributor to various publications including;

“Taxes and Foreign Currency Exchange Rates – A Canadian Perspective,” co-authored with Jack Bernstein, Tax Notes International, November 20, 2017.

"The Taxation of Foreign Passive Income for Groups of Companies: Canadian Report," IFA 2013 Congress, Copenhagen, Denmark, August 25-30, 2013.

"2013 Federal Budget," co-authored with Jack Bernstein and Francesco Gucciardo, Tax Profile, June 2013.

"Update on Non-Resident Investment in Canadian Real Estate," co-authored with Jack Bernstein, Tax Notes International, May 6, 2013.

"Non-Resident Investment in Canadian Real Estate," co-authored with Jack Bernstein, Tax Profile, March 2013.

Education

• LLB, University of Toronto, 1983
• BA, University of Toronto, 1980