Francisco spent parts of three seasons with the Phillies, hitting .259 with 17 home runs and 75 RBI in 225 games. He hit a three-run, pinch-hit homer to lead the Phillies past St. Louis in Game 3 of the 2011 NL division series. The Cardinals won the series in five games.
Gailey, a 26-year-old native of Philadelphia, split last season between Single-A Dunedin and Double-A New Hampshire. He was 5-6 with a 3.41 ERA in 45 relief appearances. He is 23-15 with a 2.45 ERA in 175 games in his minor league career.
Francisco was acquired by the Phillies from Cleveland in July 2009 in a trade that also brought Cliff Lee to Philadelphia.
The Blue Jays also claimed right-hander Jim Hoey off waivers from Minnesota, outrighted catcher Brian Jeroloman and right-hander Drew Carpenter to Triple-A Las Vegas and designated right-hander Jesse Chavez for assignment.