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FACILITYCalgary May 6/25

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 THIS WEEK - NEWS SUMMARY 

  March 26 ~ April 1, 2025 


 
  KUDOS   

+ Stories of failure resonate more than stories of success. Few people reach the top, but everyone has failed—including those who eventually succeed. If you're teaching people how to succeed in a given field (or talking about your own success), start with how you failed. - James Clear


                                                                                                

- FACILITY Calgary - now in it's 26th year - every Tuesday morning - getting better, growing our audience, offering 'things you want to know' to people who want to know it

                                                                                                

 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 ... 

 
I GIFT SIGHT / iGIFT SIGHT TEAM

 
A message from FACILITYCalgary publisher Mark Kolke.
We are pleased to celebrate our relationship with iGIFTsight - a Calgary-based Canadian charity with a Canada-wide mission; if you've not heard about iGIFTsight, we urge you to invest a few moments of your time - click on a link to the site. You'll learn there is an unmet need for vision service in our communities. Getting eye exams, treatment, glasses and other corrective actions is something most of us take for granted as something we have funds or a benefit program, or that services are available where we live. This is made worse when families are already stretched so very far. If you can help, please consider helping in any that you can.

                                                                                                

NSTEP

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


DONATE

                                                                                                

 Sponsors of this week's issue:

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

 


 
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COMPANY HERE
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SEE YOUR 
BRAND HERE

 


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

 


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

 


 
ROCKY VIEW COUNTY
Business & Economic Development



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COMPANY HERE
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SEE YOUR 
BRAND HERE

 


BennettJones.com

 
                                                                                                

CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES

                                                                                                

                                                                                                

                                                                

  NEWS THIS WEEK  


+ as the carbon tax was lifted April 1st, gas pump prices have dropped

+ Call to Recycle Batteries Canada expanded its program to Alberta

+ CCA Financial acquired Macquarie Equipment’s Lease portfolio and opened a Canadian office

+ CIBC Global Asset Management formed a venture with Longhouse Capital Partners to expand private market opportunities

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~  WTI @ US$70/bbl; Brent @ US$74/bbl

+ FACILITYCalgary, a sponsor-supported FREE weekly newsletter now in our 26th year; our ‘send time’ is after close of business, every Tuesday evening

+ Grasslands Group of Companies acquired Prairie Berries Inc.

+ Hudson’s Bay Company restructuring troubles appear to be unstoppable; efforts to separate/save six stores in Toronto and Montreal failed as a judge said no last Friday; liquidations sales continue country-wide as lenders oppose landlords and receivership appears inevitable

+ KPMG survey of energy company CEOs on withstanding trade war with U.S.

+ Mayoralty and Calgary city council race watch – Calgary’s election is coming this October – the declared Mayoralty candidates is now five (5): Jeff Davison declared, Jeremy Farkas, declared; Brian Thiessen declared; Jyoti Gondek declared; Sonya Sharp, declared this week

+ 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

+ Pollard Banknoted Limited completed its acquisition of Pacific Gaming LLC and LIF Capital Group for US$14.4 million

+ Pinchin Ltd. rebranded its PM Environmental Inc. unit as Pinchin LLC

+ REITrag – is a curated news publication real estate investment trusts; all Canadian REITs and adding American and European listings; available by subscription; sign-up form  …

+ rig activity in Canada, courtesy of BOE Report

+ rig counts/utilization (active/working) – US: down 1 to 592 this week; Canada: down 17 to 163 this week




 U.S. Trump / TARIFF WAR WATCH ...

+ Mar. 20; trade turbulence downshifts Alberta’s economy

+ Mar. 20; small business confidence plummets

+ Mar. 26; Trump announced 25% tariff on all ‘made outside the U.S.’ automobiles

+ Mar. 31 – auto industry impact / defensive actions

+ Mar. 31 – PillarFour paper on impact of Tariffs on Canada and beyond

+ Mar 31; https://www.wsj.com/economy/trade/trump-tariffs-liberation-day-plan-46b3d82b

+ April 1; Osler paper – impact of automobile tariffs on North American automotive integration

+ April 1; U.S. Senate voting on legitimacy of Trump’s authority to levy tarriffs against U.S. imports of Canadian products

... Apr. 2 – vote expected in the U.S. Senate to terminate Trump tariffs on Canada ... - with some Republican Senators expected to support the Democrat led initiative




                                                                

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SHAKERS AND MOVERS 
appointments and disappointments 

+ Anthony Schaller to Pres. & Chief Technology Officer @ Light AI Inc.

+ Bill Bruin to Structural Engineering Head @ Simpson Gumpertz & Heger

+ Blaine Arnold to Exec. VP, Corporate Development @ Wellington-Altus

+ Caroline Vermette to CFO & Chief Risk Officer @ PSPS Investments

+ Christine Elliott to Director @ HLS Therapeutics Inc.

+ Denise Schmidt to Executive Director @ Agriculture in the Classroom Canada

+ Daniel Farb to Director @ Advantage Energy Ltd.

+ John McKinlay to Pres. & CEO @ Centurion Asset Management Inc.

+ Larry Massaro to Director @ Advantage Energy Ltd.

+ Mat Povse to Pres. @ Best Buy Canada Ltd.

+ Michael Boydell to Exec. VP, Growth and Performance Strategies @ Wellington-Altus

+ Miranda Hubbs to Board Chair @ CIRO

+ Nicolas Filiatrault to Chairman @ Restaurants Canada

+ Scott Calver, CFO @ Cargojet, left the company

+ Scott Jamieson to Chief Growth Officer @ William Thomas Digital

+ Steven Sangha to Director @ BetterLife Pharma Inc.

+ Susan Kudzman to Director @ Nesto Inc.

+ Tanner Firth to Director, Investments and Asset Management @ ONE Properties

+ Thomas Facciolo to VP @ Simply Solventless Concentrates Ltd.

+ Todd Ferguson to Exec. VP, National Manager @ Wellington-Altus

+ Venessa Yates to Pres. & CEO @ Walmart Canada

Note: links in this section are to LinkedIn profiles where available and otherwise to a relevant posting of the appointment. -  [ send us your appointment notices  kolke@facilitycalgary.com ]




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Africa Energy Corp. closed a US$8,369,203 equity raise by private placement

+ Allied Properties REIT is on the market to raise $400.0 million in sr. unsecured debt

+ ATHA Energy Corp. is ohttps://www.globenewswire.com/news-release/2025/03/26/3049531/0/en/Entourage-Health-Increases-Senior-Secured-Credit-Facility.html

+ goeasy Ltd. closed a US$400.0 million sr. unsecured debt financing

+ International Battery Metals Ltd. closed a US$7.55 million equity raise by private placement

+ Nanpprecised Sci Corp. closed a US$38.0 million financing

+ Scope Technogies Corp. closed a $1.0 million first tranche of an equity raise by private placement

+ Toromont Industries Ltd. is on the market to raise $300.0 million in sr. unsecured debt

+ Tribe Properties Technologies Inc. closed a $1.087 million equity raise by private placement

+ 5N Plus Inc. secured a $154.0 million credit facility




 HR Resource + Workplace Trends + HSE 

+ HR guide to scenario planning

+ pandemic lessons for creating better workplaces

+ workplace equity .. KPMG report




 TECHNOLOGY / AI Trends 

+ data centre and electrical cost worries ahead ...

+ wearable device innovation




 RISK 

+ fire season in Alberta, 2025: 7 fires are active; 3 are 2025 2025 fires ~ all are under control

+ Fraser Institute report on energy poverty of Canadians

+ insurance consequences of Ontario ice storm




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ iA Financial Group published its 2024 Sustainability Report




  INFRASTRUCTURE + P3 

+ Government of Alberta 2025 budget will allocate $75.0 million toward planning and design of 41 Calgary area schools, estimated to have a capital cost of $2.3 billion




 REITs + TRUST NEWS 

+ REITrag covers activity and announcements on the activity of real estate investment trusts - REITs: - sign up at: https://markkolke.substack.com/s/reit-rag -  our new 2025 REITRag format coming soon …




 INTERESTING TRENDS: RETAIL 

+ Good Earth Coffeehouse expanding its presence on university and healthcare locations

+ Hudson’s Bay Company restructuring troubles appear to be unstoppable; efforts to separate/save six stores in Toronto and Montreal failed as a judge said no last Friday; liquidations sales continue country-wide as lenders oppose landlords and receivership appears inevitable




 INTERESTING TRENDS: OFFICE 

+ Calgary office vacancy rate climbing again ...



 INTERESTING TRENDS: MULTI-RES + HOTEL  

+ Fallsview Group acquired the Hyatt Regency hotel in downtown Calgary; terms not disclosed

+ Taza Park development plan to house 12,000 on Tsuut'ina Nation lands

+ Truman and University of Calgary Property Group formed a JV to create 203-door project with main floor retail – the Scholar




  SHAREHOLDER / INVESTOR MEETINGS 

+ Apr. 1; Colliers International Group Inc., Annual Meeting of Shareholders - virtual

+ Apr. 2; FirstService Corporation, Annual Meeting of Shareholders, Toronto

+ Apr. 3; Cargojet Inc., Annual General Meeting of Shareholders, Mississauga

+ Apr. 3; CIBC, Annual and Special Meeting of Shareholders, Toronto

+ Apr. 9; EQB Inc., Annual Shareholder Meeting, Toronto

+ Apr. 11; BMO Financial Group, Annual Meeting of Shareholders, Toronto

+ May 1; RF Capital Group Inc., Annual Meeting of Shareholders, Toronto

+ May 7; Chartwell Retirement Residences, Annual General Meeting, Mississauga

+ May 8; Canadian Tire Corporation, Annual Meeting of Shareholders

+ May 8; iA Financial Corporation, Annual Meeting of Shareholder and Participating Policyholders, Quebec City

+ May 8; Imperial Oil, Annual Meeting of Shareholders, Calgary

+ May 8; Pieridae Energy Limited, Annual and Special Meeting of Shareholders, Calgary

+ May 8; Sun Life Financial Inc; Annual Meeting of Shareholders and Voting Policyholders; Toronto

+ May 15; Precision Drilling Corporation, Annual and Special Meeting of Shareholders, virtual only

+ May 27; ARTIS REIT, Annual General Meeting, Toronto

+ June 12; Africa Oil Corp., Annual General Meeting of Shareholders, Vancouver

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

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




 CHARITY GOLF EVENTS 

+ Sept. 8; Rotary Stay-in-School Charity Golf Classic, Glencoe Golf & CC, sponsor / register

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




 UPCOMING EVENTS / SAVE THE DATE 

+ Apr. 2; Future Growth for a Prosperous Canada – Transition Accelerator Webinar - virtual - register

+ Apr. 4; Consulting Engineers of Alberta – Showcase Awards Gala 2025; Edmonton Convention Centre

+ Apr. 22; Business Transitions Forum - Built To Sell: creating a business that attracts buyers, Hyatt Regency, Calgary; register

+ Apr. 28; Government of Canada – federal election; Elections Canada link

+ May 28; Connect Canada Conference, Malaparte, Toronto – register / sponsorship details

+ June 10-12; Global Energy Show Canada – Exhibition & Conference, BMO Centre, Stampede Park, Calgary

+ June 18-19; Petrochem Optimizing Plant Operation, International Centre, Toronto; register

+ June 19; CEO of the Year Award Gala, Honouring Alexandre L’Heureaux Pres. & CEO, tickets

+ June 25-26; Canada’s Net-Zero Forum 2025; Shaw Centre, Ottawa

+ July 4; Calgary Stampede Parade – Shania Twain, 2025 Parade Marshall

+ July 4 – 13; Calgary Stampede; info/tickets

+ July 10; Bootleggin’ Breakfast, Westin Calgary; tickets

+ Aug. 11-14; Global Indigenous Languages Summit – WAVES 2025, Ottawa

+ Nov, 20-21; Decentralized Energy Forum, Chateau Frontenac, Quebec City; tickets

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


                                                                

Unless otherwise noted, everything on this website is Copyright  Protected - © 1999 - 2025 - 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, 2025