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                              January 12, 2021

       Kenneth Hvid
       President and Chief Executive Officer
       Teekay Corporation
       4th Floor, Belvedere Building
       69 Pitts Bay Road
       Hamilton HM 08, Bermuda

                                                        Re: Teekay Corporation
                                                            Registration
Statement on Form F-3
                                                            Filed December 29,
2020
                                                            File No. 333-251793

       Dear Mr. Hvid:

              We have limited our review of your registration statement to
those issues we have
       addressed in our comments. In some of our comments, we may ask you to
provide us with
       information so we may better understand your disclosure.

              Please respond to this letter by amending your registration
statement and providing the
       requested information. If you do not believe our comments apply to your
facts and
       circumstances or do not believe an amendment is appropriate, please tell
us why in your
       response.

              After reviewing any amendment to your registration statement and
the information you
       provide in response to these comments, we may have additional comments.

       Registration Statement on Form F-3

       Plan of Distribution, page 19

   1.                                                   We note your disclosure
on the prospectus cover page and under Plan of Distribution that
                                                        sales may be made in
block transactions, or as otherwise agreed between Teekay
                                                        Corporation and the
Agent. Please tell us whether these sales methods satisfy the "at the
                                                        market offering"
definition under Rule 415 of the Securities Act. If any sales method does
                                                        not constitute a sales
method that is deemed to be an "at the market offering" as defined in
                                                        Rule 415 or if any
material information with respect to a particular offering has been
                                                        omitted, please confirm
that you will file a prospectus supplement at the time of such sales
                                                        or tell us why such
additional filing would not be necessary.
 Kenneth Hvid
Teekay Corporation
January 12, 2021
Page 2

        We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence of
action by the staff.

       Refer to Rules 460 and 461 regarding requests for acceleration. Please
allow adequate
time for us to review any amendment prior to the requested effective date of
the registration
statement.

       Please contact Karina Dorin, Staff Attorney, at (202) 551-3763 or Laura
Nicholson,
Special Counsel at (202) 551-3584 with any questions.



                                                           Sincerely,
FirstName LastNameKenneth Hvid
                                                           Division of
Corporation Finance
Comapany NameTeekay Corporation
                                                           Office of Energy &
Transportation
January 12, 2021 Page 2
cc:       David Matheson
FirstName LastName