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FACILITYCalgary June10/25

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 THIS WEEK - NEWS SUMMARY 

  April 15 ~ 22, 2025 


 U.S. Trump / TARIFF WAR WATCH ...

+ Apr. 15; Ottawa announced help for businesses hurt by U.S. tariffs

+ Apr. 16; Bank of Canada governor warns trade war could cause recession

+ Apr. 17; the China-U.S. tariff war is escalating

+ Apr. 21; Canadian firms react

+ Apr. 21; steel and aluminum impacts coming

+ Apr. 21 – Trump’s speculation about firing the Federal Reserve Chair – roils markets

+ Apr. 21 – TSX down on Trump speculation about firing Fed Chair

+ Apr. 21 – Dow headed for worst April since 1932

+ Apr. 22 – Trump walks back Powell firing threat – dollar and stocks rebound

+ Apr. 22 – Trump walks back talk on China tariffs

+ Apr. 22 – IMF cuts growth forecast for most countries in wake of century-high U.S. tariffs




  KUDOS   

+ to the winners – Axis Connects celebrated six leaders - Calgary Influential Women in Business at awards gala 




  QUOTES  

+ Stopping advertising to save money is like stopping your watch to save time. - Henry Ford

                                                                                                

                                                                                                

- 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

                                                                                                

 Sponsors of this week's issue:

 
ROCKY VIEW COUNTY
Business & Economic Development

 


PUT YOUR 
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BennettJones.com

 


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

 


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

 


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Visit: https://www.globalenergyshow.com
Register today: https://www.globalenergyshow.com/register/ 
Contact us: https://www.dmgevents.com/contact-us
 
EVENT MANAGERS

 
                                                                                                

 
 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

 
 
DONATE

 
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


 
                                                                                                

CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES

 
                                                                                                

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  NEWS THIS WEEK  


+ a holiday yesterday – Easter Monday

+ a poll – this week’s Monday Morning Minute poll ... our poll asks: Given ‘never seen before’ chaos/turmoil, is it best to act boldly, hunker down, or wait to copy the ‘best results’ of survivors? ... 1 day left – please answer the poll!

+ a poll – last week’s Monday Morning Minute poll asked readers on how the economy and market are going: check out the results

+ Bank of Canada rate announcement on April 16th – held steady at 2.75%

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~  WTI @ US$64/bbl; Brent @ US$68/bbl – crude at 4 year lows

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

+ Federal Election update:  advance poll voting period is over – 7.3 million votes cast

+ HBC seeking court order to deal with how it will be allowed to deal with sale of artifacts

+ Lumina Gold Corp. agreed to acquire CMOC Group Limited for $581.0 million

+ 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

+ 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

+ Parkland Corporation board underway with strategic review to maximize shareholder value

+ Pope Francis died

+ 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: up 2 to 585 this week; Canada: down 4 to 134 this week

+ TAG Oil Ltd. closed the sale of its New Zealand royalty interests


                                                                

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SHAKERS AND MOVERS 
appointments and disappointments 

+ Bob Espey, Pres. & CEO @ Parkland Corporation, stepping down

+ Dr. Sunil Sookram to Interim Chief Medical Officer @ Government of Alberta

+ Heather Shaw, Executive Chair @ Corus Entertainment, retiring

+ Jean Bedard to Director @ WeCook

+ Jeff Hart to CFO @ Northland Power Inc.

+ John Tse to VP Commercial Development @ Light AI Inc.

+ Michael Jennings to Executive Chair @ Parkland Corporation

+ Michael Leone to Director @ Statevision

+ Olivier Vaillancourt to Gen. Mgr. North America @ Generix Group

+ Stephanie Fadous to Chief Actuary @ Manulife Financial Corporation

+ Tracy Gonalez to VP of Client Services @ VOVIA




 REMEMBRANCE 

+ Carrie Hunter; founding Exec. Dir. of Banff World Media Festival; 83



THIS WEEK IN FINANCINGS 
- proposed & closed

+ Next Hydrogen Corporation secured a $5.0 million debt financing

+ Replenish Nutrients Holding Corp. is on the market to raise $1.7 million in equity by private placement

+ Reusables.com closed a US$2.6 million financing

+ Sernova Biotherapeutics Inc. secured $4.0 million in debt

+ Sirona Biochem Corp. is on the market to raise $400,000.00 in convertible debt




 HR Resource + Workplace Trends + HSE 

+ evolving workplace – lessons from the past

+ strategies to hold onto top talent – know how to hold them

+ ways candidates are gaming the system




 TECHNOLOGY / AI Trends 

+ Alberta tech growing – ATB report

+ ChaGPT’s new model ~ the o3 model is getting high praise; great results when compared with competing brands

+ Deloitte published their 2025 – North America Technology Fast 500

+ Telus to launch two ‘Sovereign AI Factories’ – AI innovation facilities on 99% renewable energy




 RISK 

+ Calgary downtown is safer ... City report

+ Canadian Insurance market coping with volatility – Aon report

+ fire season status in Alberta, 2025: 11 fires are active; 4 of those are 2024 fires ~ all under control; Jasper rebuild is a slow-go - impacting economy-adjacent communities too ; and Jasper residents telling their stories in preparation for 1st year anniversary of tragedy in July

+ measles becoming a threat in southern Alberta

+ Pension funds status – remain strong and stable in 2024 .. FSRA report

+ Ukrainian Cultural Heritage Village east of Edmonton shut highway and Elk Island Park – extensive wildfire damage




 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ air quality in Canada – ranked highly in Fraser Institute report

+ Eavor building underground radiator in Bavaria – Calgary company/geothermal developer




 CONSTRUCTION - BUILDING SERVICES 

+ Rundle Schools broke ground on new Rundle Academy building



 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ Beneva published its impact statement on sustainability

+ Canada’s Greenest Employers 2025 – top 100 companies

+ Northland Power Inc. published its 2024 Sustainability Report




 INFRASTRUCTURE + P3 

+ Government of Alberta providing $4.0 million to NorQuest College for planning a Career Skills Centre projected to have a capital cost budget of $240.0 to $250.0 million 




 REITs + TRUST NEWS 

+ NexPoint Hospitality Trust and NexPoint Diversified REIT completed their going-private transaction

+ 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 REITRag format coming soon …




 INTERESTING TRENDS: OFFICE  

+ EQ Bank expands its Calgary footprint

+ Manulife Place in Edmonton has a new tenant and a new name; National Bank Centre is the name as Canada Western Bank relocated – occupying 10 floors




 INTERESTING TRENDS: RETAIL 

+ five Calgary restaurants on list of best brunch/lunch spots in Canada; 14 in all in Alberta

+ HBC seeking court order to deal with how it will be allowed to deal with sale of artifacts; – artifacts and charter (May 2, 1670) to be sold

+ MEC sale under Competition Bureau review

+ Retail Council of Canada announced its 25 finalist for 2025 Excellence in Retailing Awards




  SHAREHOLDER / INVESTOR MEETINGS 

+ Apr. 25; Versabank, Annual Meeting of Shareholders, London, ON

+ May 1; AltaGas Ltd., Annual and Special Meeting of Shareholders, Calgary/virtual

+ May 1; Calgary Construction Association, Annual General Meeting,

+ May 1; Innergex Renewable Energy Inc. Annual and Special Meeting of Shareholders, Longueil

+ May 1; Pason Systems Inc., Annual Meeting Of Shareholders, Calgary

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

+ May 1; Toromont Industries Ltd., Annual General Meeting of Shareholders, Toronto

+ May 6; George Weston Limited, Annual Meeting of Shareholders, Toronto

+ May 6; Loblaw Companies Limited, Annual Meeting of Shareholders, Brampton

+ May 6; Parkland Corporation, Annual General Meeting, Calgary

+ May 6; Pet Valu Holdings Ltd., Annual General Meeting, Markham

+ May 6; Premium Brands Holdings Corporation, Annual Meeting, Vancouver

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

+ May 7; Chorus Aviation Inc. Annual Meeting of Shareholders, Halifax

+ May 7; Vermilion Energy Inc., Annual General Meeting, Calgary

+ May 8; Canfor Corporation, Annual General Meeting, by webcast

+ May 8; Canfor Pulp Products Inc., Annual General Meeting, by webcast

+ May 8; Crombie REIT, Annual General Meeting of Unitholders, New Glasgow

+ 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; MDA Space, Annual Meeting of Shareholders, Brampton

+ 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 8; TC Energy Corporation, Annual Meeting of Common Shareholders, Calgary

+ May 9; Canadian Tire Corporation, Annual Meeting of Shareholders, Toronto

+ May 12; Quarterhill Inc., Annual and Special Meeting of Shareholders, Toronto

+ May 14; Boralex Inc., Annual Meeting of Shareholders, Montreal

+ May 15; AutoCanada Inc., Annual and Special Meeting of Shareholders, Edmonton/virtual

+ May 15; Mattr Corp., Annual Meeting, Toronto

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

+ May 15; South Bow Corp., Annual General Meeting, Calgary

+ May 20; Clearview Resources Ltd, Annual General and Special Meeting of Shareholders, Calgary

+ May 21; Aimia Inc., Annual General Meeting of Shareholders, Toronto

+ May 21; Northland Power Inc., Annual General Meeting, Toronto

+ May 22; Consulting Engineers of Alberta, 47th Annual General Meeting, virtual only

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

+ June 4; Thomson Reuters, Annual Meeting of Shareholders, 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 

+ June 19; IFMA Calgary Chapter, IFMA Open, Lynx Ridge Golf Club, Calgary; save the date

+ July 10; 23rd Annual Coast Hotels Shuhachi Naito Golf Classic, Tsawwassen Springs Golf Club, Delta, BC – registration open; email for info

+ July 25; 10th Annual Jann Arden Charity Golf Tournament in support of Enviros, Silvertip Resort, Canmore – register – sponsors

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

+ Apr. 23-25; Privacy & Data Governance Congress 2025, Ottawa - register

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

+ May 6; Transition Accelerator – Data Centres: Catalyst of Challenge for Canada’s Energy Sector, Edmonton – Zoom; register

+ May 14; Caldwell Round table – Economic and Sovereignty Crisis Webinar, register

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

+ June 4; Canadian Grand Prix – new products Awards Gala, Toronto Congress Centre, North Building, Toronto; tickets/register

+ June 6 – 8; THIRDACTion Film Festival – in-person, The Confluence, Calgary; tickets go on sale May 9

+ June 10 - 12; Canada Gas & LNG, BMO Centre, Stampede Park, Calgary

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

+ June 11 - 15; THIRDACTion Film Festival – online – across Canada; tickets go on sale May 9

+ 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 3; Stampede Bowl; Calgary Stampeders v. Winnipeg Blue Bombers, McMahon Stadium

+ July 3 – 6; Alcoholics Anonymous 2025 International Convention, Vancouver

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

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

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

+ July 13 – 20; 2025 Senior League Baseball Championships, Webber Athletic Park,

+ 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 ]


                                                                

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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.


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this site last updated June 10, 2025