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Matthew Ghikas, Partner | Energy and Climate, Oil and Gas

Matthew Ghikas, FCIArb *

Partner Fasken
Understanding the legal needs of a regulated client means, not only understanding the client’s industry, but also understanding the dynamic of its long-term relationship with the regulator.
Jurisdiction Alberta, 2013 | British Columbia, 1999
Language(s) English
Office(s) Vancouver
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*Law Corporation
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Overview

Matthew (Matt) Ghikas, FCIArb is a leading energy and regulatory counsel who is also available to act as arbitrator or mediator in energy, natural resource and other commercial disputes. He has practised law for over 25 years, primarily in British Columbia but also in proceedings across western Canada. He has been a Fellow of the Chartered Institute of Arbitrators (FCIArb) since 2018, is a roster arbitrator for three arbitral institutions and has acted as arbitrator in a variety of matters. Matt has completed the Mediation Intensive at the Program on Negotiation (Harvard Law School Executive Education).

Experience in energy, utilities and other regulatory tribunal work

Although Matt has a commercial and construction litigation background, his primary focus for many years has been the energy industry. Matt is a past leader of Fasken’s Global Energy and Climate Group in the BC Region. He has been recognized for his work in energy by a number of legal ranking organizations, including having been peer-voted as Lawyer of the Year in British Columbia (Best Lawyers in Canada) five times since 2018 in energy law categories.

Complex, multi-party regulatory litigation requires a strategic approach, combined with knowledge of the role of regulation and the energy industry. Matt understands the industry. He also understands that energy companies have long-term relationships with regulators, governments, Indigenous communities and other stakeholders. He is attuned to how policy and political forces are changing the environment in which companies operate. Clients appreciate Matt’s practical day-to-day advice and collaborative style, which enables Matt to participate seamlessly in cross-disciplinary project teams that include in-house counsel, accountants, engineers, economists and scientists.

Matt’s energy-related mandates as counsel have included prominent roles in significant public interest hearings. They include:

  • acting as lead counsel for BC Hydro in the inquiry to determine whether to proceed with BC Hydro’s C$16 billion Site C dam in northern British Columbia;
  • acting for a major oil refinery and gas station chain in the BC public inquiry into gasoline pricing;
  • acting for the proponent of a C$1.1 billion liquefied natural gas (LNG) facility being developed for the purpose of domestic supply and system resilience; and
  • acting for a participant in a BC Utilities Commission inquiry into the potential role of Indigenous-owned utilities and energy infrastructure.
  • Matt represents a diverse range of western Canadian regulated clients in the energy, transportation and public insurance industries. They have included the largest natural gas utility in BC, both large electric utilities in BC, electric transmission companies, an LNG facility owner, the owner of an oil refinery and retail and wholesale gasoline business, a thermal energy utility, the largest electric utility in Manitoba, the providers of regulated universal compulsory automobile insurance in both BC and Manitoba, and a provider of regulated ferry services. Matt has also acted as counsel in railway rate final offer arbitrations and Canadian Transportation Agency applications.

    Matt’s experience with energy and utility companies includes: all manner of rate-related applications; energy project approvals; electrification and decarbonization initiatives; renewable energy; rate design; cost of capital/return on equity; procurement and energy supply contracts; abandonment and decommissioning; resiliency and emergency planning; force majeure; customer complaints; vegetation management and environmental issues; compliance with electric mandatory reliability standards (MRS); open access transmission tariff (OATT) disputes; landowner disputes; and disputes over use of municipal land for energy infrastructure.

    Arbitrator, Mediator and Other Alternative Dispute Resolution (ADR) Experience

    Arbitrator: Matt serves as arbitrator on commercial disputes. His appointments have gone beyond the energy industry, building upon a foundation of having acted as counsel in varied litigation, mediations and arbitrations over his long career.

    He has been a Fellow of the Chartered Institute of Arbitrators (FCIArb) since 2018, after passing three levels of formal accreditation. Matt serves as a roster arbitrator for the International Centre for Dispute Resolution (ICDR), the ADR Institute of Canada (ADRIC) roster for commercial disputes over $1 million, and the Vancouver International Arbitration Centre (VanIAC). The Canadian Transportation Agency (CTA) has included Matt on its arbitrator roster for determining rail disputes and final offer arbitrations.

    Mediator: Matt has completed the Mediation Intensive course at the Program on Negotiation (Harvard Law School Executive Education), and is available to act as mediator in energy, natural resource and general commercial disputes. Parties retaining Matt to mediate their dispute can expect:

    • A well-structured process, developed in consultation with the parties to suit the particular circumstances. A typical process would include an initial call with counsel, the exchange of written briefs, starting the mediation with a joint session, the use of break-out sessions / shuttle diplomacy, before re-convening to finalize any agreement or next steps;
    • Transparency at the outset of the mediation about the mediator’s expectations of the parties and the reasons why the mediator is taking certain steps within the mediation;
    • A mediator willing to apply his legal experience to rigorously test the parties’ respective positions, while recognizing that legal counsel are ultimately best positioned to advise their clients on risk and opportunity; and
    • A mediator particularly attuned to human dynamics that can pose barriers to, and opportunities for, settlement - emotions, personalities and values. Consistent with the “Harvard model” of mediation, Matt recognizes that many people need to feel heard before they can negotiate productively. Uncomfortable conversations can also be important sources of information for identifying creative settlement options.

    Matt’s arbitration and mediation experience includes:

    • Serving on an ad hoc arbitration tribunal in a multi-million dollar dispute over carbon credits and force majeure relating to the failure of electricity generation equipment;
    • Sole arbitrator in a shareholder dispute involving shareholder loans and allegations of oppression (VanIAC);
    • Sole arbitrator in a construction dispute relating to claims of overcharging for work (VanIAC);
    • Sole arbitrator in an international arbitration (Florida law) concerning performance under an investment services agreement (VanIAC);
    • Sole arbitrator in a dispute over the purchase and sale of cryptocurrency mining equipment (VanIAC);
    • Sole arbitrator in a franchising dispute (ICDR);
    • Sole arbitrator in a dispute related to allegations of breach of a services contract (ICDR);
    • Counsel in final offer arbitrations related to railway tariffs and services;
    • Counsel to an electric transmission provider in an arbitration regarding the allocation of transmission capacity under a FERC Order No. 888-based Open Access Transmission Tariff;
    • Counsel in a number of instances for regulated public utilities in officially sanctioned negotiated settlement (mediation) processes;
    • Counsel in arbitrations and mediations related to entitlements under forest tenures; and
    • Advising on an arbitrated dispute regarding an international LNG supply agreement.

Achievements

  • Recognized as Lawyer of the Year in Energy Law in Vancouver , The Best Lawyers in Canada 2026
  • Recognized nationwide in Energy: Power (Regulatory), Chambers Canada 2022 to 2026
  • Recognized in the Canadian Legal Lexpert Directory in Litigation - Regulatory & Public Law in 2022-2023 and 2025-2026, Lexpert 2022 to 2026
  • Recognized nationwide in Energy: Power (Regulatory), Chambers Global 2021 to 2026
  • Recognized in Oil and Gas Law in Vancouver, The Best Lawyers in Canada 2021 to 2026
  • Recognized in International Arbitration in Vancouver, The Best Lawyers in Canada 2021 to 2026
  • Recognized nationwide as a Leading Individual in Energy and Natural Resources: Oil & Gas, The Legal 500 Canada 2020 to 2026
  • Recognized in Administrative and Public Law in Vancouver, The Best Lawyers in Canada 2020 to 2026
  • Recognized in the Canadian Legal Lexpert Directory in Energy (Oil & Gas), Lexpert 2019 to 2026
  • Fellow of the Chartered Institute of Arbitrators (FCIArb), Chartered Institute of Arbitrators 2018 to 2026

Experience

  • BC Hydro successfully resists Surrey’s application for leave to appeal the BC Utilities Commission’s order setting terms of use for BC Hydro facilities on municipal land, [Case - BC Hydro and Power Authority], BC Hydro wins court dispute against City of Surrey
  • Insurance Corporation of British Columbia (ICBC) automobile rate design, [Case - Insurance Corporation of British Columbia], ICBC seeking approval of automobile insurance rates.
  • FortisBC in BC Utilities Commission proceeding examining utility cost of capital., [Deal - FortisBC Energy Inc.], BC Utilities Commission examining utility cost of capital, return on equity and capital structure.
  • BC Hydro Fiscal 2023-2025 Revenue Requirements Application, [Case - British Columbia Hydro and Power Authority], BC Hydro to set its rates for a three year period
  • FortisBC and City of Coquitlam dispute over pipeline abandonment, [Case - FortisBC Energy Inc.], FortisBC and City of Coquitlam in pipeline abandonment dispute.
  • FortisBC applies for approval of $1.1 billion LNG facility, [Case - FortisBC Energy Inc.], FortisBC Energy Inc. Application for a Certificate of Public Convenience and Necessity for the Tilbury Liquefied Natural Gas (LNG) Storage Expansion Project.
  • FortisBC in a municipal energy utility inquiry, [Case - FortisBC Energy Inc.], BC Utilities Commission Inquiry into the Regulation of Municipal Energy Utilities.
  • FortisBC in a dispute regarding the relocation of gas infrastructure to accommodate a municipal project, [Case - FortisBC Energy Inc.], BC’s largest gas utility in its dispute with municipality.
  • Inquiry into gasoline pricing practices in British Columbia, [Case - Parkland Fuel Corp.], The Government of BC initiated an inquiry into gasoline pricing after gasoline prices hit record highs in BC.  Parkland is the owner of the largest oil refinery in British Columbia, as well as the largest owner of gas stations, mostly branded as Chevron.   The inquiry spanned 5 months, and inclu...

Career & Education

Education

  • LLB University of Toronto
  • BA University of British Columbia

Accreditations

  • Program, Negotiation, Mediation Intensive Harvard Law School, Executive Education

Community involvement

Memberships & Affiliations

  • Fellow Chartered Institute of Arbitrators
  • ADR Institute of Canada

Knowledge

  • Dispute Resolution Clauses - 2 Minute Drafting Tips: Bulletin #9: Attorning to Court Jurisdiction Doesn’t Mix Well with an Arbitration Clause, 4/9/2026
  • Dispute Resolution Clauses - 2 Minute Drafting Tips: Bulletin #8 - The “Governing Law” of a Contract is Distinct from the Procedural Law of an Arbitration, 3/4/2026
  • Dispute Resolution Clauses - 2 Minute Drafting Tips: Bulletin #7 - The Pros and Cons of Multi-Tiered/Escalating Dispute Resolution Clauses, 1/22/2026
  • Dispute Resolution Clauses - 2 Minute Drafting Tips: Bulletin #6 - When Should Your Contract Contemplate Expedited Arbitration Procedures, 11/5/2025
  • Dispute Resolution Clauses - 2 Minute Drafting Tips: Bulletin #5 - The Importance of Considering Emergency Measures in Dispute Resolution Clauses, 8/5/2025
  • Dispute Resolution Clauses - 2 Minute Drafting Tips: Bulletin #4 - Establishing Clear Procedures for the Appointment of Arbitrators, 6/3/2025
  • Dispute Resolution Clauses - 2 Minute Drafting Tips: Bulletin #2 - Addressing Panel Size and Arbitrator Qualifications, 2/12/2025
  • Dispute Resolution Clauses - 2 Minute Drafting Tips: Bulletin #1 - Using Model Arbitration Clauses and “Administered” Arbitrations, 12/10/2024
  • Manitoba Court of Appeal Finds Public Utilities Board Has No Authority to Create “Social Policy”, 6/18/2020
  • BCUC’s Indigenous Utilities Inquiry Comes to a Close with Release of Final Report, 5/27/2020

News

  • Fasken Shines in The Best Lawyers in Canada™ 2026 Guide with Hundreds of Lawyers Recognized, 9/4/2025
  • Forty-Two Fasken Lawyers Ranked in 2020 Edition of Legal 500 Canada, 11/19/2019
  • Chambers Canada names Fasken “Employment Law Firm of the Year 2018” and Recognizes 93 of Fasken Lawyers in the 2019 Guide, 9/21/2018
  • Fasken Wins Labour and Employment Law Firm of the Year in the 2019 Best Lawyers in Canada Guide, 8/21/2018
  • Fasken’s litigators listed in Benchmark Litigation’s 2018 Guide, 5/31/2018
  • Lexpert Highlights Fasken lawyers in Special Edition on Corporate law, 4/27/2018
  • The 2018 Canadian Legal Lexpert Directory recognizes 200 Fasken lawyers, 4/12/2018
  • Fasken Martineau Wins Mining Law Firm of the Year in the 2018 edition of Best Lawyers in Canada Guide, 8/22/2017
  • Fasken Martineau Highly Ranked by Benchmark Canada, 5/18/2017
  • The Legal 500 Canada 2017: 63 Fasken Martineau lawyers ranked, 11/15/2016

Publications

  • Negotiating Arbitration Clauses in International Agreements, 5/2/2016
  • Canadian Mining Law, 7/31/2014
  • Bill 20: The Oil and Gas Activities Act, 4/22/2008
  • Government Introduces Amendments to the Utilities Commission Act, 4/10/2008
  • National Energy Board Dismisses First Nation's Motion to Delay Project Approval (CPCN) Pending Further Consultation, 8/1/2006
  • Canadian Aboriginal Law, 1/1/2006
  • Calculating Compensation for the 20% Reduction under the Forestry Revitalization Act, 6/17/2003

Speaking Engagements

  • Regulation of District Energy Systems: Legal Implications and Practical Tips, 3/5/2013
  • First Nations Issues Before the BCUC and other Regulatory Tribunals, 10/1/2006
  • Recent Developments in the Law of Tendering, 3/1/2006
  • BCIT Project Management Program
Regulation of District Energy Systems: Legal Implications and Practical Tips 2013 BC Power Summit location location Vancouver
First Nations Issues Before the BCUC and other Regulatory Tribunals
Recent Developments in the Law of Tendering