Guy David

Guy David is a partner in Gowling WLG's Ottawa office, practising in the areas of corporate finance and securities, project finance, banking and international law. His practice covers both transaction-oriented assignments and advising on financial regulatory matters.

Guy has considerable experience in public and exempt debt capital market transactions, infrastructure, PPP and privatization-related financings. He has acquired extensive industry experience in aviation (aircraft and airport finance), renewable energy financing (hydro, wind and solar) and financial services. He is a co-leader of the Gowling WLG team advising the Canadian Securities Transition Office on the new federal-provincial-territorial initiative currently underway to develop a single cooperative securities regulatory system for Canada.

Guy has been named "2016 Lawyer of the Year" for Securities Law (Ottawa) by The Best Lawyers in Canada, and was "2015 Lawyer of the Year" for Banking and Finance. He has been repeatedly recognized for his expertise in banking and finance, securities law and infrastructure by Lexpert and The Best Lawyers in Canada and is recognized in banking and finance by Legal 500 Canada 2016.

Guy is the co-author of the 2016 Annotated Bank Act, published by Carswell. He is fully bilingual in French and English.

Career & Recognition

Filter timeline:


  • Barreau du Québec
  • Canadian Bar Association
  • Law Society of Ontario

Representative Work

Over the years, Guy has participated in many international transactions in various jurisdictions as counsel to Canadian and foreign banks, Export Development Canada, and commercial enterprises.

Additionally, he has particular expertise in capital markets transactions, including:

  • Significant involvement in the development of the Canadian revenue bond structure used for financing the privatization of the Canadian air traffic control system and several major Canadian airports;
  • Acted as issuer or underwriter's counsel in over 30 bond financing transactions in the debt capital markets over the past 10 years;
  • Drafted securitization legislation for Romania, under contract with International Finance Corporation;
  • Participated in a number of Canada - U.S. cross-border securitizations and asset backed financing structures; and
  • Advised in the establishment of the Government of Canada's $12 billion Canadian Secured Credit Facility for the purchase of auto receivable-backed securities and also advised on two securitizations under that facility.