FACILITYCalgary

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

FACILITYCalgary May 6/25

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PEOPLE ON THE MOVE

+ Alice Wong to Sr. VP Corporate Services @ Cameco

+ Arden Majewski to Managing Dir. Commodities Trading @ CIBC

+ Grant Isaac to Sr. VP & CFO @ Cameco

+ Kent Masters to CEO @ Foster Wheeler AG

+ Lance Livingston to Dir. Human Resources @ Bird Construction Company

+ Lisa Walker to Gen. Mgr. Alberta @ Hill & Knowlton Canada

+ Michael Dinkel to Judge @ Provincial Court of Alberta

+ Peter Hunt to National Energy Practice Director @ Hill & Knowlton Canada

+ Rob Duteau to VP Leasing @ SITQ

+ Steve Snyder, CEO @ TransAlta is stepping down Jan. 1/12

+ Steven Groot to Dir. Of Finance @ Bird Construction Company

 

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





INFRASTRUCTURE/P3/GREEN/LEED

+ City of Calgary is investing $60 million to construct  new fire stations (3 new, 1 renovation) starting this year

 

+ Calgary City Council committed $10 million toward a $30 million film hub project to support the movie industry in Calgary; in a week of cultural benevolence, also committing funds to hire a City Poet Laureate . . .




GOLF JOKE

Rab addressed the ball and took a magnificent swing but somehow, something went wrong and a horrible slice resulted. The ball went onto the adjoining fairway and hit a man full force. He dropped! Rab and his partner ran up to the stricken victim who lay, quite unconscious, with the ball between his feet. "Good heavens" said Rab, "what shall I do?" "Don't move him" said his playing partner, "if we leave him here he becomes an immovable obstruction and you can either play the ball as it lies or drop it two club lengths away."




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Mark Kolke, Editor/Publisher
 FRESH ITEMS TODAY - Aug 2 / 2011

+ energy prices live link to Bloomberg.com commodities data

+ Suncor’s Firebag project shut down due to worker’s injury and death

+ U.S. House Of Representatives approved a 3-stage debt-ceiling increase bill tied to spending cuts over 10 yrs; bill now moves to the Senate for approval to avoid a default on debt but worldwide reaction suggests damage has been done




 
 


 NEWS REVIEW  July 27 - Aug. 1

+ BPplc continues its asset disposition program to raise cash; also considering splitting production and downstream businesses into two corporations

+ Canaccord Financial Inc. acquiring 50% of BGF Equities; will operate as Canaccord BGF and expand into Australia & Hong Kong

+ Compton Petroleum Corporation got both shareholder & noteholder approval for its recapitalization

+ Government of Alberta & Swan Hills Synfuels signed final funding agreement (Alberta contributes $285 million) for $1.5 billion carbon capture and storage (CCS) project to capture CO2 from a deep coal gasification

+ Homburg Invest Inc. terminated mgmt. by Homburg Canada Inc.; internalizing CEO & CFO roles

+ Manulife Real Estate acquired Hawthorne Plaza ( 441,000 sq. ft.) in San Francisco

+ MEG Energy Corp. agreed to cauire

+ Progress Energy Resources Corp. on cusp of closing a $ 1.07 billion JV with Malaysian national oil company Petronas for the Montney field development

+ The Ontario Teachers' Pension Plan agreed to acquire Babcock & Brown Gates Parking Investments LLC which includes Imperial Parking Corporation (Impark)

+ Torque Energy Inc. shareholders approved amalgamation with Dundee Energy sub.

+ U.S. House of Representatives passed a measure setting Nov. 1 for the State Department to issue (or not) a permit for TransCanada’s $7 billion Keystone XL pipeline project

+ weekly economic update from ATB Financial




FINANCINGS - proposed & closed

+ Bonavista Energy Corp. is on the market to raise $200 million in new equity

+ Inter Pipeline Fnd is on the market to raise $200 million in unsecured debt

+ Sterling Resources Ltd. closed $45 million issue of new equity




 QUOTES

“The hard you work, the harder it is to surrender.” – Vince Lombardi

 

 

“Politics is the art of postponing decisions until they are no longer relevant.” – Henri Queuille




 SAVE THE DATE / SHAREHOLDER MEETINGS

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


FACILITYCalgary is published from Calgary every Tuesday morning




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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