FACILITYCalgary

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

FACILITYCalgary May 6/25

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PEOPLE ON THE MOVE

+ Angela Clark, CFO @ Mart Resources Inc., resigned

+ Bill Andrew to Exec. Chairman @ Galleon Energy Inc.

+ David Thomas to CEO Europe @ RBC Capital Markets

+ Harry Samuel to COO Europe @ RBC Capital Markets

+ James Saretsky to Interim CFO @ Mart Resources Inc.

+ Joe Shannon, Partner @ Optimus/Opus, died

+ Mark Pacinda to Pres. & CEO @ Boston Pizza International Inc.

+ Paul Foster to Sr. Dir. Estimating & Bus. Dev. @ Ledcor Construction

+ Rheman Dawood to VP Finance-Nigeria @ Mart Resources Inc.

+ Rick Waugh, Pres. & CEO @ Scotiabank to Canadian co-Chair @ Canada-Brazil CEO Forum

 

[send us your firm’s appointment notices to:  research@maxcomm.ca ]




 SAVE THE DATE / upcoming events:

+ Aug. 31; Mortgage Loans Association of Alberta 2011 Golf Classic, Inglewood, Calgary - info/register: greg.stephanson@td.com

+ Sept. 13; RealREIT Conference, Toronto Convention Centre; info/register

+ Sept. 14; Canadian Apartment Investment Conference, Toronto Convention Centre, info/register
+ Sept. 15; Calgary IFMA Chapter AGM/Social Event, Big Rock Brewery; info/register
+ Oct. 1; 2012 Calgary Stampede 100th Anniversary tickets go on sale
+ Oct. 3- 4 ; Water and Land Management Summit, Telus Convention Centre info/registration
+ Oct. 26; Calgary Real Estate Forum, Telus Convention Centre, Chaired by Randy Fennessey; info/registration
+ Oct. 27; Calgary Leasing Conference, Telus Convention Centre, Chaired by Greg Guatto; info/registration

+ Nov. 29-Dec.1; 20th annual Toronto Real Estate Forum, Metro Toronto Convention Centre; info/registration

+ Jan. 18/2012; Calgary Real Estate Board Forecast Conference and Tradeshow, Telus Convention Centre





INFRASTRUCTURE/P3/GREEN/LEED

+ museum dreams ~ ~ it seems the Glenbow wants a new building and hopes to tie into the new main Public Library project in the East Village; given the provincial support for the new provincial museum in Edmonton, don’t be surprised if Ed Stelmach sends a card and a cheque before he leaves office . . .

 

+ the Calgary Catholic School boards sold its former offices at 300-6 Avenue SE (previously leased to the Workers Compensation Board) to Bow Valley College fro $13.7 million




GOLF JOKE

Three very religious rabbis in black with long beards were playing golf. A guy named Mulhaney wanted to play golf and this was the only threesome in which he could play. So he joins the rabbis and plays 18 holes. At the end of the game his score is 104. The rabbis shot 69, 70 and 71. He says to them, "How come you all play such good golf?"  The lead rabbi said, "When you live a religious life, join and attend temple, you are rewarded." Mulhaney loves golf and figures, what do I have to lose. So he finds a temple close to his home, attends twice a week, converts, joins and lives a holy life. About a year later he again plays golf with the three rabbis. He shoots a 104 and they shoot a 69, 70, 71.  He says to them, "Okay, I joined a temple, live a religious life and I'm still shooting lousy. The lead rabbi said to him, "What temple did you join?" He said, "Beth Shalom".  The rabbi retorted, "Schmuck! That one's for tennis!"




 
 
 FRESH ITEMS TODAY - Aug. 16/2011

+ Cargill buying animal feeds company Permira for US$2.1 billion

+ current energy prices -  live link to Bloomberg.com commodities data ; oil up as Euro optimism lifts markets

+ Google agreed to buy Motorola Mobility for $12.5 billion

+ stock markets are higher after last week’s backsliding but concerns on volatility continue

+ TD Bank acquiring MBNA credit card business for $7.5 billion

+ TransCanada Corporation launched a binding open season for the Keystone Pipeline System’s extension to Houston

+ TransCanada Corporation launched a binding open season for its Cushing Marketlink to Port Arthur and Houston

+ Transocean Ltd agreed to buy Aker Drilling for US$1.43 billion

+ Warren Buffett, world’s 3rd richest man,  calls for higher taxes on rich  in the U.S.




 
 


 NEWS REVIEW  Aug. 9 - 15

+ El Paso Corporation announced it will go ahead with its E&P spinoff by end of 2011, creating EP Energy Corporation for that purpose

+ Nova Capital Management Ltd. acquired Exchanger Industries

+ OPEC trimmed its oil demand outlook for 2011 due to black clouds over the economy

+ Rock Energy to engage advisors to explore alternatives to maximize shareholder value

+ Royal Dutch Shell’s ruptured pipeline in the North Sea is substantial, still leaking

+ weekly economic update from ATB Financial




FINANCINGS - proposed & closed

+ First Capital Realty closed $57.5 million convertible debt financing

+ Intact Financial Corporation closed $300 million unsecured debt issue

+ Intact Financial Corporation is on the market to raise $225 million in a preferred share issue




 QUOTES

“An inch of time is an inch of gold, but you can’t buy that inch of time with an inch of gold.” – Chinese Proverb

 

“No gold-digging for me …. I take diamonds. We may be off the gold standard someday.” – Mae West




 SAVE THE DATE / SHAREHOLDER MEETINGS

+ Sept. 9; Homburg Invest Inc., Halifax, Annual General Meeting

+ Sept. 13; Kingston and Pembroke Railway Company, Calgary, Annual General Meeting

+ Sept. 13; Lake Erie and Northern Railway Company, Calgary, Annual General Meeting

+ Sept. 13; Manitoba and North Western Railway Company of Canada, Calgary, Annual General Meeting




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e-mail to Sharon Martens



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FACILITYCalgary - Calgary oil & gas, business and real estate NEWS, Mark Kolke (Editor) - President, MaxComm Realty Advisors - Calgary office leasing, Calgary industrial leasing, P3 Public Private Partnerships - MaxComm Communications Publisher

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this site last updated May 6, 2025