Our Team

Capital Canada has a professional team with diverse industry backgrounds focused on providing value added services to our clients. We’re dedicated to building long term relationships with our clients. Capital Canada also has access to an extensive network of professionals in law, accounting, tax, public policy, government relations and regulatory analysis in addition to working relationships with financial institutions in Canada, the United States, the United Kingdom and continental Europe. Capital Canada is respected by institutional and corporate clients for its selective approach to transactions.

Capital Canada believes that a strong growing economy is best achieved with a vibrant, successful arts and culture community. In support of our view we fulfill leadership roles in the arts, perform pro bono work for arts and culture organizations along with financial support. We are proud of our commitment to the arts benefitting from personal growth, broadened friendship and enhanced emotional and intellectual experiences.

Capital Canada prefers supporting entrepreneurs who recognize their success is enhanced by the long-term health of the communities in which they conduct business and the environment in which they operate.

Environmental, social and governance (ESG) measures the sustainability and ethical impact of an investment. There is strong evidence supporting a relationship between ESG and financial performance leading to enhanced income and sustainability of investments in the long-term.

Capital Canada is a signatory to the Canadian Investor Statement on Diversity & Inclusion. We are fully supportive of the position taken by significant leaders in our industry and committed to the objectives set out in the statement. https://riacanada.formstack.com/forms/canadian_investor_statement_on_di

Robert J. Foster
President & CEO

Robert J. Foster, B.A, M.A. (Economics), CFA, is Founder, President and CEO of Capital Canada, an independent investment banking firm. Mr. Foster focuses on negotiating and structuring mergers, acquisitions and financings. He has a long history of successful transactions, with a particular emphasis on media, sports and entertainment, aviation and real estate. His background includes periods as an analyst, director of research, corporate finance, sales and director of sales.

Mr. Foster currently serves on the board of Intertape Polymer Group, Hunter Amenities, Securcor and Anthem Media Group. In the past he has served on the boards of CHC Helicopters, Golf Town, Cargojet, Canada 3000 and Canadian Airlines Regional in addition to currently serving on a number of private company boards.

Mr. Foster is currently Chair of TO Live, a board appointed by Toronto City Council which is responsible for overseeing the business affairs and operation management of the Toronto Theatres. He serves as Chair of Business for the Arts, an organization which connects arts professionals to business patrons and volunteers across the country. He also serves on the board of the Harbourfront Foundation, the 2020 Canadian Arts Summit steering committee and previously served as the Co-chair of The Mayor’s Task Force- Arts & Theatre, Chair of Toronto Artscape, The National Arts Centre – Ontario Scene and The Toronto Theatres Working Group. In 2011, Mr. Foster was the lead Co-Chair for a year long examination of Toronto’s cultural capacity and priorities, which resulted in the Creative Capital Report for the City of Toronto. This has been embraced by City Council and is a guiding document for the city’s cultural funding and growth moving forward. Robert Foster was named co-recipient of the Rita Davies and Margo Bindhardt Cultural Leader Award. This award is presented biennially to an individual who has demonstrated cultural leadership in the development of arts and culture in Toronto.

Over his lifetime, Robert Foster has generously donated his time, expertise and financial support to more than 30 city and country building initiatives and organizations. He is proud of his wife Julia Foster and four grown children, who all also contribute to the enrichment of our community.

Mr. Foster was born in Vancouver and educated at the University of British Columbia and Queen’s University where he received his B.A. and M.A. (Economics) and is a Chartered Financial Analyst (CFA) Charterholder.

Jack Steckel
Managing Director

Mr. Steckel joined Capital Canada in 2000 after having a relationship with the company since 1997, in which Capital Canada provided financial advisory services for ventures in which Jack was involved. Jack’s previous background concentrated on advertising and marketing services, retail store operations and development, and most recently, technology.

At Capital Canada, Jack has provided financial advisory services for both public and private companies, initiated acquisition opportunities on behalf of clients as well as arranging for equity, mezzanine and debt financing.

Previously, Jack had arranged financing for a takeover of a TSX listed retailer with sales in excess of $100 million.

In the advertising and marketing field, Jack started with JWT, had his own agency which he sold to Grey Advertising and was a senior vice president at Bates and Doner Advertising. During this time clients worked on included Procter & Gamble, Bally Shoes, TD Bank, Sporting Life, Danier, Wendy’s, Speedy Auto Service, Zellers, Blockbuster and Purolator.

In 1997, Mr. Steckel developed the concept of Golf Town, which has become the largest golf products retailer in the world. He has also been instrumental in the development of Pro Hockey Life, a big-box format hockey retailer created from the acquisition of Sports Rousseau.

Blair Milroy
Managing Director

Mr. Milroy joined Capital Canada in the Fall of 2006. Prior to joining Capital Canada, Mr. Milroy worked for a Toronto based institutional equity research and analysis firm. Mr. Milroy leads Capital Canada’s media and technology practice and has extensive experience in the Canadian technology, media and aviation industries. Mr. Milroy has led several financing, acquisition and divestiture transactions in the Canadian aviation industry in addition to acting as financing advisor to several Boards of Directors in special situation matters. Mr. Milroy has a hands- on approach, working closely with CEOs and CFOs in corporate finance and M&A transactions. He has an extensive network of institutional sources of capital and buyers in the private capital markets.

Additionally, Mr. Milroy brings with him several years of experience in financial analysis, equity research and information technology consulting. He has a background in technology application development.

Mr. Milroy has a Bachelor of Commerce degree from the University of Toronto and is a Chartered Financial Analyst (CFA) Charterholder. Mr. Milroy was previously a member the Board of Directors of iS5 Communications Inc. and the Small and Medium Enterprises Committee of the Ontario Securities Commission.

Colin May

Mr. May joined Capital Canada in 2014. He applies his corporate finance and capital markets knowledge to successfully execute various types of transactions for Capital Canada’s clients, including M&A transactions, equity and debt financings, and valuations. My. May has diverse transaction experience across a range of industries, including aviation, restaurants and retail, real estate, consumer packaged goods, financial services and cannabis.

Prior to joining Capital Canada, Mr. May worked for the Government of Ontario in various accounting and financial management roles. He received his Bachelor of Management and Organizational Studies degree from University of Western Ontario, with specialization in Finance, and is a Chartered Financial Analyst (CFA) Charterholder.

Daniel Gross

Daniel Gross, CPA, joined Capital Canada in 2017. He is involved in financial modeling and analysis, research, and the preparation of deal documents for financing and M&A transactions across diverse industries. Prior to joining Capital Canada, Daniel spent several years in Deloitte Toronto’s Assurance practice and on special projects in the Consulting business (for high growth tech start-ups), while pursuing his CPA.

Mr. Gross graduated from McGill University’s Desautels Faculty of Management in 2015 and is a Chartered Professional Accountant (CPA) member.

Eric Pinkney
Strategic Partner

Mr. Pinkney entered in a Strategic Partnership with Capital Canada in 2020. He has been involved in the Transportation industry in excess of 20 years. Having worked with some of the Top 100 Trucking companies in Canada and the largest fleets of school busses and motor coaches, both in Canada and the United States along with providing valuations for automobile dealerships.

Mr. Pinkney gained international business exposure to corporate turnarounds and management buy-outs serving on the boards of publicly listed companies in Hong Kong, United States and Chile, on behalf of LOM Financial Group, Bermuda.

Mr. Pinkney is currently pursuing the Chartered Business Valuator designation (CBV), taking the elective courses.

Dr. (h.c) Tushar Deochakke
Strategic Partner

Tushar Deochakke entered in a Strategic Partnership with Capital Canada in 2020 from his base in Hyderabad, India. He has over 20 years of professional experience in the Real Estate Industry in Canada, USA and India. He has managed entire Real Estate Investment and Development Cycles from Market Research and Competition Analysis, to Strategic Sale of assets.

Mr. Deochakke began his career in Corporate Planning and Projects division of a Government of India Public Sector Enterprise working on projects in South Asia and Middle East region. After immigrating to Canada, he worked at Smart Centres, Calloway REIT and in New York for Hedge Fund Alden Global Capital. He returned to India to work for the Family Office of the Fund Manager – Randal Smith where he held board positions for real estate companies and advised various clients on real estate and infrastructure asset transactions.

An alumnus of Senior Executive Leadership Program – Harvard Business School, Mr. Deochakke graduated as Civil Engineer from Birla Vishwakarma Mahavidyalaya, S.P. University, India in 1995, PG Diploma from NICMAR – Delhi, India in 1997 and MBA (Finance) and PG Diploma in Real Property from Schulich School of Business, York University, Canada in 2006. Mr. Deochakke is a Canadian Citizen and Overseas Citizen of India.