FACILITYCalgary

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FACILITYCalgary May 6/25

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SHAKERS AND MOVERS 
appointments and disappointments 

+ Denise Brundson to Partner @ Bennett Jones

+ Diederik Pen to Pres., Westjet Airlines @ WestJet Group

+  Ira Cooper to Partner @ Dentons

+ Jim Clark to CEO & Director @ Martello Technologies Group Inc.

+ John Orr, Exec. VP & Chief Transportation Officer @ Canadian Pacific Kansas City, left the company

+ John Orr to COO @ Norfolk Southern

+ King’s Counsel – new appointments for Alberta

+ Marina Paperny to Sr. Counsel @ BLG

+ Matt Riskin to Partner @ Bennett Jones

+ Michael Selnes to Partner @ Bennett Jones

+ Mike Crawley, Pres. & CEO @ Northland Power Inc., stepping down

+ Nicholoas Emter to Partner @ Bennett Jones

+ Rajneesh Sapra to CFO @ TERAGO Inc.

+ Riley Bender to Associate @ MLT Atkins LLP

+ Sami Siddiqui to CFO @ Restaurant Brands International

+ Steven Bodi to Partner @ Bennett Jones

+ Tristan Armstrong to CEO @ Rocky Mountaineer

+ Zhe Choo to CFO @ KITS Eyecare Ltd.

~ 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 ]




 MEMORIAM 

+ Roger Gibbons; political scientist, former Pres. @ Canada West Foundation, 77




 TECH / AI TRENDS 

+  Amazon Inc. is planning to spend US$150.0 billion on data centres to handle AI requirements



 CLIIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ Pathways Alliance to file for regulatory approval for its carbon capture project




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+  CNOOC Limited published its 2023 ESG Report




 SAVE THE DATE / upcoming events

+ Apr. 2-3; Petrochem Canada|West, Westin Airport, Calgary; info/agenda/registration

+ Apr. 2-3’ SMR Canada – Small Modular Reactor/Summit 2024, Westin Airport, Calgary; info/agenda/registration

+ Apr. 9; EUREKA! … The California Wine Discovery/Safe Haven Fundraiser; TELUS Convention Centre, Calgary - tickets

+ Apr. 16; Government of Canada – Federal Government Budget; Ottawa

+ Apr. 16-17; Innovate West, Vancouver Convention Centre; info/book – save the date

+ Apr. 17; Calgary Economic Development, Report to the Community, Calgary TELUS Convention Centre; program / tickets

+ Apr. 22; Earth Day 2024

+ Apr. 23-25; 2024 Canadian Hydrogen Convention, Edmonton Convention Centre - register

+ Apr. 20; Classroom Champions – Champion Chats Luncheon, Hyatt Regency, Calgary; sponsors/tickets

+ May 1; Business Transitions Forum – Alberta: Hyatt Regency, Calgary; info; program / speaker list / register

+ May 3; Little Warriors Be Brave Luncheon – Calgary; sponsorships - tickets

+ May. 8-9; Retail Supply Chain and Logistics Expo, Las Vegas Convention Centre

+ May 14-15, Canada’s Net-Zero Forum 2024, The Transition Accelerator, keynote speakers;  save the date/register

+ May 23; 2023 CEO of the Year Gala, TELUS Convention Centre, Calgary; tickets

+ May 31 – June 2; Inventures Conference; Telus Convention Centre, Calgary; info / register

+ June 10 – 12’ NeoCon, Design Takes Shape @ THE MART, Chicago - register

+ June 11-13; Global Energy Show Canada, Energy Powering Opportunity, BMO Centre, Calgary; register

+ June 18-19; Petrochem Canada Conference and Expo 2024, Sarnia, On; call for presentations

+ June 24-26; The WorkX Conference, Embrace the Future of Work, Dallas; info/register

+ Sept. 23- 25; BOMEX 2024, hosted by BOMA Vancouver – save the date

+ Sept. 24-26; International Pipeline Expo 2024, Telus Convention Centre, Calgary

+ Sept. 25-27; CREW Network (Commercial Real Estate Women), 2024 Annual Convention, Vancouver – save the date

+ Oct. 20-24; Greenhouse Gas Control Technologies Conference (GHGT), Telus Convention Centre, Calgary – save the date

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




 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

+ June 10; Headwater Learning Foundation – Golfing for Good Tournament, Glencoe Golf & Country Club; info / register *** Banquet speaker: Karen Gosbee

+ June 24; Rotary 28th Annual Stay-In-School Charity Golf Classic, Glencoe G&C Club, Calgary; register

+ Sept. 4; 8th Annual Little Warriors Golf Tournament, The Quarry Golf Course – Edmonton; registration/donations/sponsors

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




 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


 
 
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 THIS WEEK - NEWS SUMMARY 

  March 27 ~ April 2, 2024 


+ Alberta’s population grew 220,000 last year – sources might surprise many

+ AlphaBow Energy Ltd. filed NOI; KSV is the proposed trustee …

+ Carbon Pricing – the increase in the Trudeau government’s Carbon Tax on April 1st spilled a lot of newspaper ink and hissing and moaning from most provincial governments to little effect; the increase is now official and understanding the rebate scheme is still sketchy at best; here is a great piece from today’s Globe & Mail

+ CURO Group / CashMoney and LendDirect in CCAA Creditor protection in Canada and Chapter 11 in the U.S.

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com; WTI @ US$84/bbl, Brent @ US$87/bbl

+ Enbridge Inc. closed its sale of 50% interest in Alliance Pipeline and a 42.7% interest in Aux Sable to Pembine Pipeline Corporation for $3.1 billion

+ FACILITYCalgary, a sponsor-supported FREE weekly newsletter; ‘send time’ is early every Tuesday

+ MONDAY MORNING MINUTE - a weekly inspiration message and a selected quote in your inbox weekly; check out the new format; click here to sign up ;  click here for this week’s posting

+ Pathways Alliance to file for regulatory approval for its carbon capture project

+ 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 3 to 621 this week; Canada: down 18 to 151 this week

+  Royal Bank of Canada completed its acquisition of HSBC Bank Canada

+ StorageVault Canada Inc. acquired Western Archives/Northern Archives/RecordXpress for $6.0 million

+ Sweet Suite Home Builds Inc. is in bankruptcy; Grant Thornton is the trustee

+ Telsec Property Corp. has a new development planned for it’s dormant former YMCA property in Eau Claire – it will be the Eau Claire Athletic Club, a great holding strategy for a great property and a superb re-use of an extraordinary purpose-built facility

+ Terravest Industries Inc. agreed to acquire Advanced Engineered Products




THIS WEEK IN FINANCINGS 
- proposed & closed

+  763997 Alberta Ltd. closed $3.65 million equity raise by private placement

+ Abaxx Technologies Inc. is on the market to raise $16.5 million in equity

+ K-Bro Linen Inc. secured $175.0 million credit facility

+ Martello Technologies Group Inc. closed $1.5 million equity raise by private placement

+  MCAN Mortgage Corporation closed $28.778 million equity raise

+ Boyd Group Services Inc. secured US$850.0 million credit facility

+ Reconnaissance Energy Africa Ltd. is on the market to raise $10.0 million in equity




 CONSTRUCTION - BUILDING SERVICES NEWS 

+  Amazon Inc. is planning to spend US$150.0 billion on data centres to handle AI requirements

+ Home Depot made a US$18.5 billion acquisition of SRS Distribution Inc. go grow it’s business with the  professional renovation and roofing sector




 SHAREHOLDER MEETINGS

+ Apr. 2; Colliers International Group Inc., Annual and Special Meeting of Shareholders, Toronto/virtual only

+ Apr. 3; FirstService Corporation, Annual Meeting of  Shareholders, Toronto

+ Apr. 3; IBEX Technologies Inc., Annual and Special Meeting of Shareholders, Montreal

+ Apr. 4; CIBC, Annual Meeting of Shareholders, Toronto

+ Apr. 4; Think Research Corporation, Special Meeting of Shareholders, Toronto/virtual only

+ Apr. 5; TransAlta Corporation, Annual Meeting of Shareholders, Calgary

+ Apr. 9; Scotiabank, 192nd Annual Meeting of Shareholders, Toronto

+ Apr. 10; EQB Inc., Annual and Special Shareholders Meeting, Toronto

+ Apr. 11; Cargojet Inc., Annual General Meeting, Mississauga

+ Apr. 16; BMO, Annual Meeting of Shareholders, Toronto

+ Apr. 19; National Bank of Canada, Annual and Special Meeting, Montreal

+ Apr. 24; Canadian Pacific Kansas City, Annual Meeting of Shareholders, Calgary

+ Apr. 24; Rogers Communications Inc., Annual and Special Meeting of Shareholders, Toronto

+ Apr. 26; SECURE Energy Services Inc., Annual General Meeting of Shareholders, Calgary

+ May 1; Vermilion Energy Inc., Annual General Meeting, Calgary

+ May 2; Maple Lease Foods Inc., Annual Meeting of Shareholders, Mississauga

+ May 2; Paramount Resources Ltd., Annual General Meeting, Calgary

+ May 2; Topaz Energy Corp., Annual Shareholder Meeting, Calgary

+ May 8; Intact Financial Corporation, Annual Meeting of Shareholders, Toronto

+ May 9; iA Financial Group, Annual Meeting of the Shareholder, Quebec City

+ May 9; Manulife Financial Corporation, Annual Meeting of Common Shareholders, Toronto

+ May 16; Precision Drilling Corporation, Annual and Special Meeting of Shareholders, Calgary

+ Aug. 20; Dye & Dunham Limited, Special Meeting of Shareholders, Toronto

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

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


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this site last updated May 6, 2025