FACILITYCalgary

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

FACILITYCalgary May 6/25

ARCHIVED ISSUES

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SHAKERS AND MOVERS 
appointments and disappointments 

+ Alfred Colas to CFO @ GreenFirst Forest Products Inc.

+ Anders Hultberg to Pres. @ S&C Electric Canada Ltd.

+ Ben Rye to VP @ Sayer Energy Advisors

+ Brian Prokop to CEO & Pres. @ Electrum Copper Crop.

+ Chris Bardell to Gen. Mgr., Design & Construction @ Taza Development Corp.

+ Chrystal Healy to VP, Corporate Responsibility @ Transat A.T. Inc.

+ Colette Taylor to COO @ Sovereign Insurance

+ Dan Goldberg to Director @ Algonquin Power & Utilities Corp.

+ David James, to Interim Board Chair @ Real Estate Council of Alberta (RECA)

+ Diane Jones Konihowski, Director of Fund Development & Communications @ Distress Centre Calgary, retired

+ Dr. Verna Yiu, Pres. & CEO @ Alberta Health Services, ousted …

+ Eyal Ofir to Director @ BuildDirect.com Technologies Inc.

+ Geoffrey Belsher to Chair-Elect @ Blakes

+ George Sorich to VP Residential @ NORR

+ Jim Nikopoulos to Director @ Axis Auto Finance Inc.

+ Joy Quiring to Executive Membership Advisor @ TEC Canada

+ Kelly Blackett to Chief People and Culture Officer @ Canadian Western Bank

+ Lauren Kenny to Chief People Officer @ Starlight Investments

+ Maggie McGee to Mgr., Talent @ Graham Construction & Engineering

+ Maria Perrella to Director @ CareRx Corporation

+ Nektar Diamontopoulos to VP, National Advisory @ CMLS Financial

+ Pamela Steer to CEO @ Chartered Professional Accountants of Canada

+ Patricia McLeod, Board Chair @ Real Estate Council of Alberta (RECA), resigned

+ Patrick Shanahan to Director @ CAE Inc.

+ Samantha Clarke to Emissions Engineer @ Tourmaline Oil Corp.

+ Saphron Skinner-Wilson to Sr. Building Envelope Engineer @ MTA

+ Shona Waddell to Sr. Property Mgr. @ University of Calgary Properties Group

+ Tyler Ellis to Director, Investments @ GWL Realty Advisors

+~ 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 ]




 REMEMBRANCE 

+ Gerry Cox; long-time senior manager/engineer @ Lockerbie & Hole Limited (now Aecon), 86

+ Jim Duggan; veteran realtor, Broker @ Target Realty, 84

+ Joyce Fairbairn; retired Canadian senator, 82




 HUMAN RESOURCES + WORKPLACE TRENDS 

+ is a four-day week the answer?

+ turning great resignation into great retention




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CONVERSATIONS

Click here to access the archive (2012-2021) : Mark Kolke's conversations with fascinating Calgarians ...

some recent talks

speaking tips (90 x 1 minute each)

 
CONTACT MARK KOLKE 
 KEYNOTE SPEAKER AND WORKSHOP LEADER



 SHAREHOLDER MEETINGS

+ April 6; FirstService Corporation, Annual Meeting of Shareholders, virtual only

+ April 7; Cargojet Inc., Annual General Meeting of Shareholders, virtual only

+ April 7; CIBC, Annual and Special Meeting of Shareholders, virtual only

+ April 7; RBC, Annual Meeting of Common Shareholders, Toronto, and virtual

+ April 9; United Conservative Party of Alberta, Special General Meeting/Leadership Review

+ April 13; BMO Financial Group, Annual Meeting of Shareholders, virtual only

+ April 14; TD Bank Group, Annual Meeting of Common Shareholders, virtual only

+ April 20; Africa Oil Corp., Annual General Meeting of Shareholders, virtual only

+ April 20; Digital Alberta, Annual General Meeting, virtual only

+ April 20; Rogers Communications Inc., Annual General Meeting of Shareholders, virtual only

+ April 21; BMO Life Assurance Company, Annual Meeting of the Shareholder and Participating Policyholders, virtual only

+ April 21; Quarterhill Inc., Annual Meeting of Shareholders, virtual only

+ April 22; National Bank of Canada, Annual Meeting of the Holders of Common Shares, Montreal, in person and virtual

+ April 27; Canadian Pacific Railway Limited, Annual and Special Meeting, virtual only

+ April 28; Pason Systems Inc., Annual General Meeting of Shareholders, virtual only

+ April 28; The Empire Life Insurance Company, Annual and Special Meeting, virtual only

+ May 2; Gibson Energy Inc., Annual General Meeting, virtual only

+ May 4; Maple Leaf Foods Inc., Annual Meeting of Shareholders, virtual only

+ May 10; Keyera Corp., Annual Meeting of Shareholders, virtual only

+ May 11; Intact Financial Corporation, Annual General Meeting, virtual only

+ May 11; Sun Life Financial Inc., Annual Meeting of Shareholders, Toronto, in person and virtual

+ May 12; Bridgemarq Real Estate Services Inc., Annual Meeting of Shareholders, virtual only

+ May 12; Crombie REIT, Annual General Meeting of Unitholders, virtual only

+ May 12; Precision Drilling Corporation, Annual and Special Meting of Shareholders, virtual only

+ May 18; Equitable Group Inc., Annual and Special Meeting of Shareholders, virtual only

+ May 27; Resolute Forest Products Inc., Annual Meeting of Shareholders, in person and virtual

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




  CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ Alberta evaluation of carbon sequestration hub proposals – Osler published a great synopsis of six proposals being evaluated




 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

+ June 16; CPSG Classic Charity Golf Tournament, Elbow Springs Golf Club; info/register

+ Aug. 11; Cure Cancer Foundation’s Glenn Anderson day of Golf, Derrick Golf and Country Club, Edmonton; save the date

+ Sept. 13; Oil Sands Charity Golf Classic, Maskanew Golf Course, Fort McMurray; info/register

+ send us your 2022 tournament information – we are happy to post them here

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




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ Sun Life Financial Inc. published its 2021 Sustainability Report




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 Sponsors of this week's issue:

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e-mail Kevin Phone
 
OFFICE MOVERS



Contact Zelos for a free consultation today
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 LEADERS IN PRIVATE WEALTH MANAGEMENT



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 INTERESTING TRENDS IN RETAIL ... 

+ Good Earth Cafes Ltd. struck a deal with Indigo Books & Music Inc.; will involve multiple Good Earth openings in Indigo stores across Canada




  GLOSSARY + ABBREVIATIONS + ACRONYMS 

CLICK HERE FOR FULL GLOSSARY  




 QUOTES 

+ I ran and ran and ran every day, and I acquired this sense of determination, this sense of spirit that I would never, never give up, no matter what else happened. – Wilma Rudolph

+ If everything seems under control, you’re just not going fast enough. – Mario Andretti




 KUDOS 

+ to Kane Pendry – artist, chosen for the 2022 Calgary Stamped poster






CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES



FACILITYCalgary newsletters may not be reproduced, rewritten, distributed, re-disseminated, transmitted, displayed, published or broadcast, directly or indirectly in any medium without the prior written permission of MaxComm Communications - © Copyright 1999 - 2022 MaxComm Communications. All rights reserved. Domains operated by MaxComm Communications:

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 weekly newsletter

Est. July, 1999

~
Mark Kolke, Publisher

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NEWS SUMMARY 
 Mar. 30 ~ Apr. 5/2022 


+ Alberta evaluation of carbon sequestration hub proposals – Osler published a great synopsis of six proposals being evaluated

+ Anthem

+ Biden administration to release 1.0 million bpd for 180 days from the Strategic Petroleum Reserve in an effort to stabilize spiking energy prices

+ Blackcomb Helicopters agreed to acquire Elbow River Helicopters

+ Calgary council committee – starting meetings to restart even centre/arena deal; Ward 1 Councillor Sonya Sharp is chair … tic toc

+ Coast Hotels flag to fly soon in downtown Calgary; Coast acquiring Regency Suites Hotel from SM2 Capital Partners – will be rebranded as Coast Calgary Downtown Hotel & Suites by APA

+ COVID-19 statistics in Alberta full current stats

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; WTI @ US$104/bbl, Brent @ US$109/bbl

+ De Havilland Aircraft of Canada Limited launching firefighting water bomber plane program – they will build these planes in Calgary – expected to create 500 jobs!

+ Genesis Land Development Corp. closed its acquisition of 157 acres in east Calgary for $29.15 million; intend to develop a residential community to be known as Huxley

+ Good Earth Cafes Ltd. struck a deal with Indigo Books & Music Inc.; will involve multiple Good Earth openings in Indigo stores across Canada

+ HOUSING TRUTH – monthly residential newsletter: HOUSING TRUTH – CLICK HERE TO SIGN UP for our mailing list  –  archived issues …

+ Journey Energy Inc. closed $8.0 million company acquisition; all shares transaction

+ MCAN Mortgage Corporation changed its name to MCAN Financial Group

+ PROPERTYlines - commercial real estate quarterly newsletter; archived Issues  

+ RBC agreed to acquire Brewin Dolphin Holdings PLC for $2.6 billion

+ rig activity in Canada

+ rig counts (active/working) – US:  up 3 to 673 this week; Canada: down 16 to 124 this week; full breakdown and international rig counts

+ Suncor Energy Inc. divesting solar and wind assets to focus on hydrogen and renewable fuels

+ Topaz Energy Corp. agreed to acquire Keystone Royalty Corp. for $85.0 million




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Arcus Power Corp. secured $11.0 million funding round

+ Azincourt Energy Corp. closed $5.1 million equity raise by private placement

+ Bank of Montreal closed $3.1 billion equity raise

+ BTB REUT closed $40.3 million equity raise

+ Cathedral Energy Services Ltd. is on the market to raise $23.0 million in equity

+ CIBC on the market to raise $1.0 billion in sub. debt

+ FG Acquisition Corp. is on the market to raise US$100.0 million in equity by IPO

+ First Helium Inc. raised $1.85 million in equity by a warrants issue

+ Hydro-Quebec closed $600.0 million debt financing

+ NG Energy International Corp. is on the market to raise $45.0 million in convertible debt

+ NorthWest Healthcare Properties REIT closed $172.5 million equity raise

+ Odd Burger Corporation closed $2.5 million equity raise by private placement

+ QuadReal secured $2.5 billion sr. unsecured credit facility

+ Razor Energy Corp. is on the market to raise $5.0 million in equity by a rights offering

+ Rubellite Energy Inc. closed $38.744 million equity raise

+ Summit Industrial Income REIT closed $230.0 million equity raise

+ VOTI Detection Inc. closed $2.36 million in equity by private placement

+ Western Energy Services Corp. is on the market to raise $31.5 million in equity by a rights offering

v*editor’s note: names companies involved in arm’s length debt and equity financing transactions we report in this section are ALWAYS the borrower; we report ‘fresh raises’ and do not report secondary offerings or non-arm’s-length transactions …




 SAVE THE DATE / upcoming events

+ Apr. 5; Business Transitions Forum, Westin Calgary, Calgary; info/registration

+ Apr. 6-8; Economic Developers of Alberta – EDA Experience 2022, Pomeroy Kananaskis Mountain Lodge, Kananaskis; info/partner/call for presenters

+ April 8; Moody’s free webinar – The Morning After the Budget; register for the webinar

+ April 12; Calgary Stampede – Rangeland Derby, Chuckwagon Canvas Auction; information / bidder registration

+ April 12; Vancouver Real Estate Forum, Vancouver Convention Centre; info/register/save the date

+ April 20; Top Glass, Conference and Exhibits 2022, The International Centre, Mississauga, ON; info/register

+ Apr. 26; Cocktails and Corsets – FUNdraiser, Heritage Park, Calgary; info/tickets

+ Apr. 26; Winnipeg Real Estate Forum, RBC Convention Centre, Winnipeg; program/register

+ Apr. 28; Calgary Economic Development, Annual Report to the Community, virtual event / register/tickets

+ Apr. 28; IFMA Building Tour/Event, Millenium Tower/Oxford hosting us; SAVE THE DATE

+ Apr. 30 PSAC Stars & Spurs Gala – in support of STARS Air Ambulance, info/tickets

+ May 4-6; NORTH51 Conference - RECOMBINATION, Rimrock Hotel, Banff; info/register

+ May 17; Western Canada Apartment Investment Conference, Edmonton Convention Centre; program/register

+ May 17-18; Williston Basin Petroleum Conference, Delta Marriott Regina; save the date/present/attend

+ May 18; Edmonton Real Estate Forum, Edmonton Convention Centre; agenda/register

+ May 22-26; World Economic Forum Annual Meeting, Davos-Klosters, Switzerland; agenda

+ May 26; Top 7 Over 70 awards gala, Hyatt Regency, Calgary; info/tickets

+ May 30 – June 1; Operational Excellence in Energy, Chemicals & Resources, BMO Centre, Calgary; info/register

+ May 31 – June 2; Peering Over the Horizon; Financial Executives International, Canada – Annual Conference, Banff Springs Hotel, Banff – info/register

+ June 1-3; Inventure$ Conference, TELUS Convention Centre, Calgary – in person/virtual, register

+ June 6-9; Canadian Gas Association, Annual Technical Conference 2022 – Find Your Energy!; Toronto Sheraton, Toronto; info/register

+ June 7-9; Global Energy Show, Stampede Park, Calgary; awards nomination, info/registration

+ June 13-15; NeoCon 2022, The Mart, Chicago, info/save the date/register – call for presentations deadline Jan. 17

+ June 21-22; Petrochem Canada Conference, Sarnia, ON; info/register/book space

+ July 8 – 17; Calgary Stampede – the Greatest Outdoor Show on Earth; Stampede Park, Calgary – info - tickets

+ Sept. 14-15; Oil Sands Conference & Trade Show, Fort McMurray; info/register

+ Sept. 13-15; BOMEX – Charlottetown 2022, info/register/save the date

~~~

2023

+ Sept. 17-21; 24th World Petroleum Congress – Energy Transition – the path to Net Zero, info/sponsorship/registration

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




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 INFRASTRUCTURE + P3 

+ Calgary council committee – starting meetings to restart even centre/arena deal; Ward 1 Councillor Sonya Sharp is chair … tic toc

+ TransPod secured US$550.0 million in financing for an Edmonton-Edmonton airport test project for high speed pod transport project to carry freight and passengers 


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 May 6, 2025