+ 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 + Jan. 18/2012; Calgary Real Estate Board Forecast Conference and Tradeshow, Telus Convention Centre
A new executive is told by his boss that he is expected to play in the corporate golf tournament next week. Not knowing how to play he decides he better take a lesson. The club pro advises that they start with the putter and then progress to the short irons before tackling the long irons and woods. The man explains that he has to start with the driver as he is expected to play in the corporate tournament. The pro relents and tries to teach him as best he can. On the day of the tournament the new exec steps to the first tee, a 165 yard par 3 hole. One of his partners suggests on this hole perhaps a 4 iron might be a better choice. The exec explains that he has only had one golf lesson and the driver is the only club he has hit. The exec takes a mighty swing and proceeds to slice the ball right into the woods. After a few minutes the exec finds the ball and once again pulls his driver out of the bag. His partner suggests that he would be better off hitting a short chip back onto the fairway. Again the new exec explains that he only knows how to hit the driver. He proceeds to take a mighty swing, hitting the tree directly in front of him. The ball careens off the tree, striking the exec in the middle of the forehead, knocking him dead. Saint Peter is surprised to see the executive so soon, and asked, "How did you get here?" "In two!" he replied.
+ U.S. municipal bonds likely to be downgraded in wake of S&P downgrade of U.S. Treasuries
NEWS REVIEW Aug. 3 - 8
+ Chateau World Vacations Inc. et al charged with 168 counts of fraud relating to Canmore and HarveyHeights time-share projects
+ CNRL’s Horizon oilsands upgrader poised to re-start after 7-month repair process following fire; concerns about re-start being disruptive to the synthetic crude market; $2 billion expansion of project set over to next year
+ Connacher Oil and Gas Limited engaged advisors to secure JV partner for Great Divide oilsands assets
+ H &R REIT agreed to acquire TwoGothamCenter (LEED Silver) in Long IslandCity for US$415.5 million
+ Parkland Fuel Corp. sold its transportation business to Seaboard Liquid Carriers for $23.5 million
+ Pason Systems Inc. announced its 12 mth. CapEx budget of $64 million
+ Pason Systems Inc. acquired 3PS Inc. for US$25 million