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In this article – “Search funds in Canada: navigating cross-border challenges” — we examine the issues investors and searchers should consider when establishing search funds in Canada and offer guidance in the face of structural and tax inefficiencies inherent in following the U.S. model. 

This article is authored by partners Raphaël Amram in Osler’s Corporate Group, Chima Ubani, Emerging and High Growth Companies and Chair, Venture Fund Formation, and David Wilson in the Tax Group. 

Osler Legal Outlook is brought to you by Osler, Hoskin & Harcourt LLP. Osler is a leading, national law firm with a singular focus — your business. We advise clients on an array of domestic and cross-border legal issues, drawing on the expertise of over 600 lawyers to provide the answers you need, when you need them.

Osler Legal Outlook, published on December 4, 2025, provides general information only and does not constitute legal or other professional advice. Specific advice should be sought in connection with your circumstances.

For more information about Osler and for the full Osler Legal Outlook, please visit our website, osler.com.