FACILITYCalgary

news, commentary & perspective - financings, deals - commercial real estate, infrastructure, oil & gas

FACILITYCalgary May 6/26

ARCHIVED ISSUES

CONVERSATIONS

SIGN UP

 
                                                                                        

 THIS WEEK at FACILITYCalgary 

  April 30 ~ May 6, 2026 


 


 QUOTES 

+ Action produces information. If you’re unsure of what to do, just do anything, evn if it’s the wrong thing. This will give you information about what you should actually be doing. - Brian Armstrong

+ If you’re not willing to risk the unusual, you will have to settle for the ordinary. - Jim Rohn




 KUDOS 

+ to Lousie Arbour – named the next Governor General of Canada, to succeed Mary Simon – an extraordinary Canadian we’ll all be proud of, as Canada’s 31st Governor General since Confederation

+ to Globe and Mail writers for their documentation of the Alberta health care procurement controversy/debacle .... massive amounts of money, and a fired CEO at Alberta Health for ‘wanting to investigate ...


                                                                                        

                                                                                        

 Sponsors of this FACILITYCalgary issue:

Contact: 403-910.5917 
Vist us: https://www.richardsonsearch.ca
Services: Executive Search
 
EXECUTIVE SEARCH / ADVISORY SERVICES



 
PUT YOUR 
COMPANY RIGHT HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 
SEE YOUR BRAND HERE

 


 
Visit: https://falkbuilt.com/
~
E-mail: thom.hinton@falkbuilt.com
~
DIGITAL COMPONENT CONSTRUCTION

 


 
PUT YOUR 
COMPANY RIGHT HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 
SEE YOUR BRAND HERE

 


BennettJones.com

 


 
PUT YOUR 
COMPANY RIGHT HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 
SEE YOUR BRAND HERE

 


 
visit: Premiere Van Lines Calgary / www.pvlcalgary.com
e-mail:  calgary@pvlcalgary.com
 
OFFICE MOVERS

 


 
PUT YOUR 
COMPANY RIGHT HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 
SEE YOUR BRAND HERE



 
Our journey ... 
from Torino to Avenida Village 
... - OPEN NOW ... 


MAKE YOUR RESERVATION



FINE DINING -  ITALIAN 

 


 
PUT YOUR 
COMPANY RIGHT HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 
SEE YOUR BRAND HERE

 


June 9-11, 2026 | BMO Centre, Calgary, Canada


Visit: https://www.globalenergyshow.com/
Register: https://www.globalenergyshow.com/register/ 
Contact us: https://www.dmgevents.com/contact-us
 
EVENT MANAGERS



 
PUT YOUR 
COMPANY RIGHT HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 
SEE YOUR BRAND HERE

 


 
Visit: https://www.hydrogenexpo.com/exhibition/exhibition-enquiry-2026/ 
Contact dmg: https://www.dmgevents.com/contact-us
 
EVENT MANAGERS

 


 
PUT YOUR 
COMPANY RIGHT HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 
SEE YOUR BRAND HERE

 


 
 
ROCKY VIEW COUNTY
Business & Economic Development

 


 
PUT YOUR 
COMPANY RIGHT HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 
SEE YOUR BRAND HERE

 


 

AWARD-WINNING INTERIOR DESIGN

At LAWRENCE Licensed Interior Design Inc., we lead by example, pioneering conscientious and functional design solutions that redefine the boundaries of innovation. With a steadfast commitment to our clients’ visions, we craft spaces that are both refreshingly novel and elegantly familiar, exceeding expectations with every project.

Visit: www.lawrence-inc.ca

Follow us: @lawrence_interiordesign

Mitchell Brooks, Principal

Contact: m.brooks@lawrence-inc.ca

CHECK OUT OUR WORK


 
INTERIOR DESIGN SERVICES

 


 
PUT YOUR 
COMPANY RIGHT HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 
SEE YOUR BRAND HERE

 


Ken Doll offers independent, objective and unbiased financial advice through fee-based comprehensive financial planning to provide you with certainly about your financial future. He provides financial, retirement and estate planning solutions and coordinates with your current investment advisor to enhance your investment strategy.

Wealth Architects® is your One Stop Financial Adivsor! 



 
PUT YOUR 
COMPANY RIGHT HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 
SEE YOUR BRAND HERE

 


Contact: 587-333-4413 
Vist our website
Services: Surveys, RPRs and more
 
SURVEYORS / REAL PROPERTY REPORTS (RPR's)

 
                                                                                        

CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES

                                                                                        

 
                                                                

 

  NEWS THIS WEEK  


+ at the Bearspaw South feeder main - 2nd time’s the charm: PipeDriver assessment tool worked – test successful

+ crude / current energy prices: live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~ WTI @US$96/bbl; Brent @US$102/bbl; oil prices softening on expectations the U.S. - Iran war-ending negotiations will succeed; meanwhile the blockade of Iran and cease-fire continues, and today it seems the ‘Trump plan to escort ships through the Strait of Hormuz’ has been paused ...

+ Elections Alberta voter list breach --- investigation underway

+ Ekati diamond mine operator obtained CCAA creditor protection – and further coverage

+ MONDAY MORNING MINUTE - a weekly inspiration message and a selected quote in your inbox weekly; check out the new format; check out this week’s issue – sign up is free

+ Oil Sands Alliance published a statement on the future of Canada as an energy superpower

+ Questerre Energy Corporation closed the of its non-operated Kakwa Central assets for $23.5 million

+ rig activity in Canada, courtesy of BOE Report

+ rig counts/utilization (active/working) – US: up 3 to 547 this week; Canada: down 7 to 123 this week

+ South Bow revived the cancelled Keystone XL project; Bridger will build the U.S. portion to terminated in Wyoming – U.S. President Trump signed-off in support of the project which will deliver 1.0 million barrels/day to U.S. markets – and as reported by BOE Report ; U.S. Presidential Permit issued ..

+ FACILITYCalgary, sponsor-supported weekly newsletter; est. June,1999 – in our 27th year; sign-up is free

+ Government of Alberta: plans for new forensic DNA lab in Sherwood Park/$9.0 million

+ Government of Canada: $1.5 billion aid for tariff-hit businesses




 
 U.S. Trump / TARIFF WATCH ...

+ Feb. 20 – Supreme Court Order handed down its ruling; 6-3 decision, 170 page decision; found most of Trump’s tariffs to have exceeded his authority and must be withdrawn ... no ruling on how/when illegally collected tariff’s will be refunded

+ Feb. 21 – Trump announced new tariff’s of 10% on every country, then increased it to 15% (replacement tariffs are limited to 150 days and cannot exceed 15%) and the wave of actions on lawsuits for refunds of illegally collected tariffs has just

+ Feb. 26; summary of U.S. tariffs affecting Canada now begun

+ Mar. 6; Canada and U.S. agreed to resume stalled CUSMA negotiations

+ Apr. 1; Trump weighing more tariffs based on report of labour practices in 60 countries, claiming Canada is a ‘forced labour’ exporter

+ Apr 16; EDC provided $2.1 billion to support for more than 800 Canadian companies with the impact of Trump tariffs

+ Apr. 22; US Tariff refund process is underway – US$166.0 billion to be returned under process launched

+ Apr. 24; Trump offered immediate tariff relief on Canadian Aluminum and steel companies, but the offer had a catch .. it was made dependent on U.S. expansion ... meaning, moving production to the United States

+ Apr. 27; Carney comments – says Canada sees the dispute could be resolved within days ... but only if the U.S. was inclined; unclear if this posture is connected to upcoming CUSMA review process ...


 


SHAKERS AND MOVERS 
appointments and disappointments 

+ Ashley White to Medical Lead MedExpress Canada

+ Bobby Lehew to Chief AI Officer @ Commonsku

+ Bryan Helfenbaum to COO @ Clean Resource Innovation Network

+ Elio Luongo to Director @ CPP Investment Board

+ Erica Young to Pres. @ Versant Power

+ Greg Wong to CFO @ Gulf & Pacific Equities Corp.

+ John Osler to Chancellor-Elect @ University of Calgary

+ Kasra Moozar to Chief Commercial Officer @ LGI Healthcare Solutions

+ Kathleen Tweedie to Head of Canadian Operations @ BlackRock Inc.

+ Michael Murphy to CFO & Corp. Secretary @ Emberge Commerce Ltd.

+ Molly Cormier to Executive Dir. @ Canadian Lottery Coalition

+ Philip Peters to Auditor General @ Government of Alberta

+ Richard Jackson to Pres. & CEO @ Occidental

+ Susann Mayhead to Pres. & CEO @ Mercedes-Benz Canada

~ If you know of other people moves in Calgary-impact organizations and/or would like us to consider your announcement, send your appointment notices to kolke@facilitycalgary.com ]


 


 REMEMBRANCE 

+ Herb Lede; retired former Pres. & Chairman @ Ledcor; 95

+ Norm Suvan; surveyor, developer, rigby-man, sportsman; 89


 


 THIS WEEK IN FINANCINGS 
 proposed & closed 

+ Bengal Energy Ltd. closed a $9.0 million equity raise by private placement

+ Coelacanth Energy Inc. completed its $80.0 million equity raise

+ East Side Bames Group Inc. is on the market to raise $3.5 million in equity

+ Fairstone Bank of Canada raised $425.0 million in debt

+ Fiera Capital Corporation closed a $100.0 million debt financing

+ Hydro-Quebec closed a $500.0 million debt raise

+ Jetty raised $2.0 million

+ Jones Soda Co. is on the market to raise US$2.5 million

+ OverActive Media Corp. closed a $1.95 million debt raise

+ Perimeter Medical Imaging AI Inc. is on the market to raise $6.83 million in equity

+ TD Bank Group closed a CHF150.0 million (Swiss Franc) debt raise


 
                                                                

↓SIGN UP TO GET FACIILITYCalgary↓

CLICK HERE - 

FACILITYCalgary FREE


 
                                                                

 
 HR Resource + Workplace Trends + HSE 

+ Government of Canada struggles to address ‘in-office-4 day week’ for employees starting July 1; meanwhile, public service executives are returing to 5-day in the office weeks this week


 


 
 Tech + Telecom Trends 

+ Canada’s Intelligence Commission Office tabled its 2025 Annual Report

+ Element Fleet published a report on trends in mobility – 2026 Mobility Pulse Report (5th annual)

+ Nvidia working on new partnership with Corning; switching from copper to glass to reduce energy costs from AI chips – Nviidia stock steady, Corning stock is up on the news




 
 RISK 

+ Alberta fire risk ... all 22 active fires are under control (20) or being held (2): 9 current year active fires; 13 fires still active from 2025; total current year fires extinguished/damaged land … to date 2026: 137 fires / 410 hectares

+ Government of Alberta says they are ‘gearing up for the 2026 wildfire season’ – staffing up, budget allocations ...

+ wildfire destorys homes at Summer Village of Sandy Beach ... west of Edmonton


 


 
 DATA CENTER issues + news 

+ Olds project resumes process, lots of curiosity and apprehension for Olds residents ... we’ll see ...

~ capacity, power, and continuity matter in a ‘huge’ way to users and therefore must matter to data center operators and their suppliers of power. Growing NIMBY reactions and government/regulators conscious of pressure on energy costs combine to make this burgeoning industry of significant concern for everyone.




 CONSTRUCTION + BUILDING SERVICES + ENTITLEMENTS / ZONING 

+ Premier Construction Software ...




 AG NEWS 


+ Census of Canada AND Census of Agriculture 2026 – has begun

+ FCC AgriSpirit Fund is seeking applications for projects for small communities

~ the importance of agriculture is fundamental to Calgary and thie history of Alberta’s pioneering spirit .. and hnow it’s overing news items that fit this category, all over Alberta – not just Calgary; we will also include news items from other parts of Canada for this section.




  DEFENCE / AEROSPACE 


+ Canada’s largest order of commercial aircraft in Canadian history ~ Airbus selling 150 A22-300 Aircraft to Airbus - - designed in Canada, to be built at Mirabel facility

+ Landing Zones Canada Inc. secured funding (amount not disclosed) from BDC’s StrongNorth Defence Fund

+ NAV Canada study on the future of drones in Canada

~ the growth of defence, aviation and space related business in Calgary is on-the-grow so we’ve begun covering news items that fit this category and Alberta – not just Calgary and we will include news items from other parts of Canada that connect to this sector




 RETAIL + RECREATION 


+ Coast Appliances commenced a liquidation-going out of business sale; 17 stores and online operations to be wound down; Hilco Global are managing the liquidation

+ Go Auto acquired Lone Star Mercedes-Benz dealership in Calgary; terms not disclosed

+ the prime downtown former HBC stores have been sold; the downtown Calgary store is being acquired by Astra Real Estate Corp. - signed an agreement on February 18 to buy the Hudson’s Bay Building at 200 8th Avenue SW in Calgary. The company is the parent of Peoplefirst Developments and behind several office-to-residential conversion projects in Calgary




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ CAP REIT published its 2025 ESG Report

+ La Caisse issued its 2025 Annual Report

+ 407 ETR Concession Company Limited published its 2025 ESG Report




  MULTI-RES + HOTEL + RES LAND DEVEOPENT 


+ CMHC issued its Annual Report for 2025

+ Crystal Creek Homes launching multi-family project on leased land at Taza Park – 345 doors/two buildings

+ Firm Capital Property Trust closed its acquisition of a 103 site manufacture home community in Didsbury for $8.5 million

+ Ronmor/Anthem opened The Village project at Glacier Ridge




 INDUSTRIAL + LOGISTICS 


+ Hammond Manufacturing opened a 55,000 sq. Western Canada Regional Distribution Centre

+ Hopewell Development and Montez Corporation sold 292190 Nose Creek Blvd./830,000 sq. ft.

+ Panattoni acquired a 100-acre site in NW Edmonton ... will support 2.0 million sq. ft. for occupancy in 2027/28




 REITs + TRUST NEWS 

+ American Hotel Income Properties REIT LP is doing a strategic review after reaching a settlement agreement with ONE Lodging Holdings LLC/Aimbridge

+ CAP REIT completed it’s going-private transaction to acquire European Residental REIT; and European Residential REIT made a parallel announcement

+ Governent of Canada to review tax treatment of REITs

+ Hazelview Investments and Presima completed a transaction to strengthen REIT platforms

+ REITrag covers activity and announcements on the activity of real estate investment trusts - REITs: - sign up at: https://markkolke.substack.com/s/reit-rag - new REITRag format coming soon – watch for announcement soon about ‘a new and improved REITrag … launching in June/26


  SHAREHOLDER / INVESTOR MEETINGS 

+ May 7; BCE Inc,; Annual General Shareholder Meeting, Montreal

+ May 7; Cavvy Energy Ltd., Annual Meeting of Shareholders, Calgary

+ May 7; Element Fleet Management Inc., Annual General Meeting of Shareholders, Toronto

+ May 7; Great-West Lifeco Inc., Annual Meetings – Great-West and Canada Life, Winnipeg

+ May 7; Maple Leaf Foods Inc., 2026 Annual Meeting of Shareholders, Mississauga

+ May 7; MDA Space Ltd., Annual General Meeting of Shareholders, Toronto

+ May 7; Pason Systems Inc. , Annual Meeting of Shareholders, Calgary

+ May 7; South Bow Corporation, Annual General Meeting, Calgary

+ May 7; TC Energy Corporation, Annual Meeting of Common Shareholders, Calgary

+ May 11; Geodrill Limited, Annual and Special Meeting of Shareholders, Isle of Man

+ May 12; Allied Properties REIT, Annual Meeting of Unitholders, Toronto/virtual

+ May 12; Artrari One Capital Corp., Annual General and Special Meeting of Shareholders, Calgary

+ May 12’ TVA Group, Annual Meeting of Shareholders, Montreal

+ May 13; AIMIA Inc., 2026 AIMIA Inc. Annual General Meeting, Toronto

+ May 13; Genesis Land, Annual General Meeting, Calgary

+ May 14; Canadian Tire Corporation, Annual Meeting of Shareholders, Toronto

+ May 14; AtkinsRealis Group Inc., Annual Meeting of Shareholders, Montreal/hybrid

+ May 14; Definity Financial Corporation, 2026 Annual Meeting of Shareholders, Waterloo

+ May 14; Manulife Financial Corporation, Toronto

+ May 14; Mattr Corp., Annual Meeting of Shareholders, Toronto/virtual

+ May 14; Precision Drilling Corporation, Annual Meeting of Shareholders, Calgary/virtual

+ May 20; goeasy Ltd., Annual General and Special Meeting of Shareholders, Mississauga/virtual

+ May 20; Meren Energy Inc.,, Annual General Meeting of Shareholders, Vancouver

+ May 20; Northern Power Inc.. 2026 Annual General Meeting, hybrid

+ May 21; StorageVault Canada Inc., Annual General Meeting of Shareholders, Toronto

+ May 17; SECURE Waste Infrastructure Corp., Special Meeting of Shareholders, Calgary

+ May 28, BRP Inc., Annual Meeting of Shareholders, Valcourt/virtual

+ June 9; Dye & Dunham Limited, Special Meeting of Shareholders, Toronto

+ June 10; Thomson Reuters, Annual Meeting of Shareholders, Toronto

+ June 16; FuelPositive Corp., Annual General Meeting, Toronto

+ June 19; Replenish Nutrients Holdings Corp., Annual General Meeting, Okotoks

~ some guidance on conducting virtual shareholder meetings, provided by BD&P

[ please send your event notices and AGM notices to kolke@facilitycalgary.com ]



 CHARITY + INDUSTRY GOLF EVENTS 

+ June 11; IFMA Calgary Open, Lynx Ridge Golf Club, Calgary

+ July 9; 24th Annual Coast Hotels Shuhachi Naito Golf Classic, Twasssen Springs Golf Club, Delta, BC – info/register .. contact Mark Hope

+ Aug. 17-23; Rogers Charity Classic ~ save the date ... registration link n/a yet ...

+ Aug. 19-23; 2026 CPKC Women’s Open, Royal Mayfair, Edmonton

+ Sept. 10; CEA Golf Tournament, The Ranch Golf and Country Club, Acheson

~ [please send your charity golf event notices to kolke@facilitycalgary.com ]




 UPCOMING EVENTS / SAVE THE DATE 

+ May 6-8; Canadian Cleantech Awards, Kelowna

+ May 13; Edmonton Real Estate Forum, Edmonton Convention Centre

+ May 22-24; Gordie Howe CARES Pro-Am, Flames Community Arenas, Calgary

+ May 27; Champion Chats 2026 , The Fairmont Palliser, Calgary

+ May 28; ALL IN Talks Toronto, Toronto

+ May 28; Calgary Energy Roundtable Conference, Hyatt Regency, Calgary

+ May 28; Canadian Business Hall of Fame Gala, Toronto info/register/donate/sponsor

+ June 2; Speak Up, Step In: Workshop and mixer – Consulting Engineers, Edmonton

+ June 7-10; NeoCon 2026, THE Mart, Chicago – get on 5th Annual Modular Construction & Prefabrication Symposium

+ June 10; CJF annual Tribute Awards [ Susanne Craig, Robert Fife ], Fairmont Royal York, Toronto

+ June 16-19; Canadian Trail Summit, Winnipeg

+ June 17-20/2026; VivaTech 2026, Paris – save the date ... registration link n/a yet ...

+ Sept. 16-17; ALL IN 2026 AI conference, Montreal

+ Sept. 16-17; Oil Sands Expo, Fort McMurray

+ Sept. 22-24; BOMEX 2026, Ottawa – save the date ... registration link n/a yet ...

+ Sept. 28-30; Indigenous Women in Industry Summit Canada, Hyatt Regency, Vancouver

+ Oct. 21-22; BUILDEX Alberta, BMO Centre, Stampede Park, Calgary

+ Nov. 13; 12th Annual Calgary Concert for Classrooms, Bella Concert Hall, Calgary

[ please send your event notices and AGM notices to kolke@facilitycalgary.com ]


                                                                

 CHARITY - Not-for-profit - fundraising ...

 we love to help charities - in particular, child focused organizations, supporting and promoting them to help them do their great work; please pause a moment, click a link below to get more information and then ... consider making a donation. Every donation, however modest, goes a long way ... 

                                                                

NSTEP

KUDOS to Deb and crew - your 2025 share of  the Rogers Classic -  FOR NSTEP … Rogers – Birdies for Kids – 40,014.76

NSTEP is focused on building healthy habits for children, for life!

We are an education hub of scientific, evidence based knowledge that focuses on teaching healthy habits for children, for life. We want their brains to be powered and nourished through healthy eating and physical activity. Nutrition and activity build better brains and bodies.

NSTEP programs are sought after by school and community organizations. The most popular programs are Chef on NSTEP, various ages and NSTEP Certificate programs for staff working with children and youth.


For information - reach out to Founder and CEO @ NSTEP - Deb Hymers: deb.hymers@nstep.ca


                                                                

↓SIGN UP TO GET FACIILITYCalgary↓

CLICK HERE - 

FACILITYCalgary FREE


                                                                

Unless otherwise noted, everything on this website is Copyright  Protected - © 1999 - 2026 - Mark Kolke, Publisher / MaxComm  Communications/Waterglass Press, units of PLANDflex Corporation, all rights reserved.
Our mailing address is: 6204B Burbank Road SE, Calgary, T2H 2C2, Canada
this site last updated May 6, 2026