FACILITYCalgary

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

FACILITYCalgary May 6/25

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 SAVE THE DATE/upcoming events:

+ Dec. 11, 158th OPEC Meeting, Quito
+ Jan. 18 – Calgary Real Estate Board’s 2011 Forecast Conference & Tradeshow; BMO Centre, Stampede Park, Calgary – Info/Register

+ Jan 17-21 ; World of Concrete, Las Vegas – info/register

+ Jan 22-24 ; Western Canada Construction Superconference, Hyatt Regency, Calgary – info/register

+ Feb. 20, Heritage Classic (Calgary Flames vs. Montreal Canadiens) @ McMahon Stadium

+ Apr 7 ; Vancouver Real Estate Forum; info/register

+ May 3 ; Edmonton Real Estate Forum ; info/register




PEOPLE ON THE MOVE

+ Bob Schroffel to Sales Mgr. , Calgary/Edmonton @ Meridian

+ Clarke Barnes to Associate @ Fasken Martineau

+ Franke Dearlove to Associate @ Fasken Martineau

+ Glen McNamara to Chairman @ Calgary Chamber of Commerce

+ Jack Jenkins to VP Human Res. & Strategic Planning @ The Churchill Corporation

+ Jim Glasspoole, CFO @ Pason Systems Inc., left the company

+ Joette Decore to VP Corp. Dev. @ The Churchill Corporation

+ John Sullivan to Pres & CEO @ Cadillac Fairview Corporation Limited

+ Lloyd Symons to Associate @ Fasken Martineau

+ Michael Black to Associate @ Fasken Martineau




INFRASTRUCTURE/P3/GREEN/LEED

+ Aecon Group Inc. awarded $279-million contract by Toronto Transit Commission to complete first leg of the Toronto-York Spadina Subway Extension

 

+ Canada Pension Plan Investment Board’s agreement to pay $3.5-billion for Intoll Group’s 30% interest in 407 ETR (Express Toll Route) and 25% interest in Westlink M7 motorway in Sydney, Australia




 
 


COMMENTARY


+ congrats to EPCOR Pres & CEO Don Lowry, named Business Person of the Year by Alberta Venture magazine

 

+ kudos to Don Taylor of Engineered Air; in the name of his mother, a donation of $20 million to Mount Royal University for the ‘Bella Concert Hall’




 FRESH ITEMS TODAY - Dec. 6, 2010

+ BP PLC planning to sell $1 billion in North Sea assets

+ City of Calgary Louise Station project deal with LaCaille group to be investigated

+ energy prices live link to Bloomberg.com commodities data

+ gold price hit all time high - $1420.40 per ounce on concerns about currency devaluation fears

+ Harley Hotchkiss, last of the original owners of the Calgary Flames to sell his stake, sold his 22% of the team to the ownership group

+ oil sands companies banding together to tackle cleanup of tailings ponds




 NEWS REVIEW  Dec. 1-5 

+ Alberta Oilsands Inc. planning thermal project near Fort McMurray airport

+ Bentall LP and Kennedy Associates Real Estate Counsel, LP joined forces to become Bentall Kennedy LP

+ Cabot O&G Corp. sold its remaining Canadian assets to Tourmaline Oil Corp for $61.3 million

+ Canadian Natural Resources Limited  announced its 2011 CapEx budget is $5.975 billion

+ Genoil Inc. acquired Two Hills Environmental Inc.

+ Hess Corp. acquired Bakken acreage from TRZ Energy for US$1.05 billion

+ MEG Energy announced its 2011 CapEx budget is $900 million

+ Petrobank Resources got regulatory approval for Dawson oilsands project

+ U.S. oil demand for Sept. surged to 19.5 million/bpd

+ Walter Energy Inc. acquiring Western Coal Corp for $ 3.3 billion

+ weekly economic update from ATB Financial




 
 


FINANCINGS - proposed & closed

+Canadian Western Bank closed $300 million subordinated debt issue

+ Killam Properties Inc. closed $57.5 million subordinated debt issue

+ Paramount Resources Ltd. in on the market to raise $300 million in senior debt

+ Texalta Petroleum Ltd. closed $2.1 million private placement of new equity

+ Trinidad Drilling Ltd. is on the market to raise US$450 million in unsecured debt




+ readers are encouraged to forward news items, commentary, feedback & items for our 'on the move' section by writing to: research@maxcomm.ca  . We welcome your information – send us information on corporate news, key staff appointments, financings and notices of upcomg industry and charity events.



 sponsors of this issue:



LANDSCAPE / GOLF COURSE ARCHITECTURE

http://bhgolfdesign.com
e-mail to Gary Browning



RESIDENTIAL MORTGAGE BROKER

TRUE NORTH MORTGAGE
e-mail to Dan Eisner



INSURANCE AND BONDING

http://bdinsurance.com
e-mail to Dick Vaive




ENERGY ADVISORY

http://www.commoditycycle.com
e-mail to Duncan Robertson




INTERIOR DESIGN

http://martens-group.com
e-mail to Sharon Martens



MaxComm Group

e-mail: Mark Kolke




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