Monica Cheng

Recent matters in which Monica has been involved include advising:

• Suncor Energy on its C$1.468-billion acquisition of TotalEnergies EP Canada Ltd. from TotalEnergies Ltd., which holds a 31.23% working interest in the Fort Hills oil sands mining project

• Suncor Energy Inc. on its C$688-million acquisition of an additional 14.65% working interest in the Fort Hills Project from Teck Resources Limited

• Imperial Oil Resources Limited and ExxonMobil Canada Ltd. on the disposition of their interest in XTO Energy Canada to Whitecap Resources for C$1.9-billion

• Pembina Pipeline Corporation on its $11.4-billion joint venture with KKR & Co. to merge their western Canadian natural gas processing assets

• Great-West Lifeco Inc. in connection with its public offerings of C$1.5-billion principal amount of 3.60% limited recourse capital notes

• Pembina Pipeline Corporation in connection with its public offering of C$600-million aggregate principal amount of hybrid notes, the first non-chartered bank hybrid debt issuance in Canada involving the use of a special purpose trust structure

• Jupiter Resources Ltd. in its approximately C$630-million sale to Tourmaline Oil Corp.

• ENMAX Corporation on its US$1.3-billion acquisition of Emera Inc.'s interest in Emera Maine

• Nutrien Ltd. and its subsidiaries on numerous merger and acquisition transactions related to its retail agriculture and fertilizer production and distribution businesses

• Suncor Energy Inc. on its investment in Enerkem Inc., a Canadian biofuel technology company

• Cona Resources Ltd. and Waterous Energy Fund on their agreement to acquire Pengrowth Energy Corporation for approximately C$740-million

• WestJet in connection with its C$5.0-billion acquisition by Onex Corporation

• Canadian counsel to Heartland Generation Ltd., an affiliate of Energy Capital Partners, on its C$835-million acquisition of Canadian Utilities Ltd.'s natural gas and coal electricity generation interests in Alberta, British Columbia and Ontario

• Kinder Morgan Canada on its C$4.5-billion sale of the Trans Mountain Pipeline system and expansion project to the Government of Canada

• Sale by Ontario Teachers Ltd.'s Pension Plan of equity interest in GCT Global Container Terminals Inc. to IFM Investors (an Australian investment management company) and British Columbia Investment Management Corporation

• International Petroleum Corporation in connection with its acquisition of BlackPearl Resources Inc. for approximately C$675-million

• Pembina Pipeline Corporation on its US$9.7-billion acquisition of Veresen Inc.

• Best Lawyers: Ones to Watch in Canada 2023 (Tax Law)

Monica teaches Corporate Tax and is a coach for the Donald G.H. Bowman National Tax Moot at Thompson Rivers University Faculty of Law.

Monica is a member of the Canadian Bar Association, the CPTS, the Canadian Tax Foundation, and the International Fiscal Association. She is a former chair of the Canadian Bar Association Taxation Specialists (South).

Monica is a member of the board of directors of the Calgary Philharmonic Orchestra.

• Co-author: Canada Proposes Updates to Green-Energy Tax Incentives
  Blakes Bulletin on Tax, September 15, 2023.
• Co-author: 2023 Federal Budget: Green-Energy Tax Incentives
  Blakes Bulletin on Tax / Energy, April 5, 2023.
• Co-presenter: Overview of Select Canadian Environmental Tax Initiatives
  Tax Executives Institute, Inc., Calgary, Alberta, December 2022.
• Co-author: Alta Energy Luxembourg: Canada Held to its Treaty Bargain
  Canadian Tax Focus, Canadian Tax Foundation, February 2022.
• Co-author: Taxation of Corporate Reorganizations
  Loose-leaf service, Thomson Reuters
• Co-author: Restoring the Alberta Advantage: Significant Amendments to the Alberta Business Corporations Act Now in Effect
  Blakes Bulletin on Tax/Energy, March 29, 2021.

• Co-presenter: Mandatory Disclosure Rules: Update and Select Issues
  Tax Executives Institute, Inc., 55th Annual Canadian Tax Conference, Ottawa, Ontario, May 8–10, 2023.
• Co-presenter: Mandatory Disclosure Rules: Update and Select Issues
  Tax Executives Institute, Inc., 55th Annual Canadian Tax Conference, Ottawa, Ontario, May 2023.
• Co-presenter: Taxable Canadian Property & Section 116: Select Issues
  CPTS, Fall Lecture Series, Calgary, Alberta, October 2021.

Admitted to the Alberta Bar – 2015
Admitted to the Ontario Bar – 2014
LLM (Taxation Law), Osgoode Hall Law School – 2014
JD, University of Calgary – 2012
BA, University of Calgary – 2009