FACILITYCalgary FREE

+ Andrew Duncan to Chief Investment Officer @ RioCan REIT

+ Carol Leaman to Director @ Algonquin Power & Utilities Corp.

+ Chris Day to Director, Market Relations @ Stawowski McGill

+ Cyrielle Chiron to Chief Strategy Officer @ Payments Canada

+ Dale Klein to Trustee @ NorthWest Healthcare Properties REIT

+ Darcy Reding to COO @ Pieridae Energy Limited

+ David Lipson to Pres. Savills North America @ Savills-Studley

+ Doug Mair to Member @ Alberta Securities Commission

+ Edward Sonshine to Non-Executive Chairman @ RioCan REIT

+ Ernie Webster to Director – Senior Practice Lead, Landscape Architecture & Urban Design @ IBI Group

+ Fabien Jeudy to Pres. & CEO @ Equitable Life of Canada

+ Genga Nadaraju to VP, Subsurface Geology @ Avanti Energy Inc.

+ Janet Nystedt to Corporate Counsel @ Amazon

+ Janie Béïque  to Pres. & CEO @ Fonds de solidarité FTQ

+ Jonathan Gitlin to Pres. & CEO @ RioCan REIT

+ Jorden Dawson to VP Industrial Development @ Beedie

+ Kelly Smith to Director @ Starlight U.S. Multi-Family (No. 1) Core Plus Fund

+ Kim Caves to Technology Development Advisor @ Alberta Innovates

+ Lindsay Duprey to Exec. VP, Strategic Growth & Innovation @ West Canadian Digital Imaging Inc.

+ Luke Azevedo to VP, Creative Industries & Film Commissioner @ Calgary Economic Development

+ Martin Wilkins to Exec. VP, Natural Resources, Americas @ Proudfoot

+ Mimi Lai to Interim CEO @ Prairie Provident Resources Inc.,

+ Pamela Bardo to VP Customer Delivery & Service @ FlightHub Group

+ Reza Pourfarahani to Partner @ Mulvey + Banani International (Alberta) Inc.

+ Rob Steed to VP, Partnership & Contract Engagement @ West Canadian Digital Imaging Inc.

+ Sarah Schwarzschild to Co-Head and Managing Dir., BGO Strategic Capital Partners @ BentallGreenOak

+ Shawn Warren, to Pres. & CEO @ GreenSpace Brands Inc.

+ Steve Blower, VP Exploration @ IsoEnergy Ltd., resigned

+ Thomas Cancilla to VP, Regional Operations/Corporate Signage @ West Canadian Digital Imaging Inc.

+ Tom McCaffery to Sr. Advisor, Western Canada Growth Strategy @ Western Economic Diversification Canada

+ Tony van Winkoop, CEO & Director @ Prairie Provident Resources Inc., retiring

~

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 ]

+ narcissistic leaders: why do they rise to the top?

+ remote/teleworkers say they’re just as productive, but logging much longer hours

+ the case for humanity

+ what employers need to know

+ Apr. 6; FirstService Corporation, Special Meeting of Shareholders, virtual-only

+ Apr. 7; BMO Financial Group, Annual Meeting of Shareholders, virtual-only

+ Apr. 8; CIBC, Annual Meeting of Shareholders, virtual-only

+ Apr. 8; Royal Bank of Canada, Annual Meeting of Common Shareholders, virtual-only

+ Apr. 13; Scotiabank, Annual Meeting of Shareholders, virtual-only

+ Apr. 14; Colliers International Group Inc., Annual General and Special Meeting, virtual-only

+ Apr. 20; Africa Oil Corp., Annual General and Special Meeting of Shareholders

+ Apr. 21; United Way of Calgary and Area, Annual General Meeting, virtual-only

+ Apr. 21; VersaBank, Annual & Special Meeting of Shareholders, virtual-only

+ Apr. 22; BMO Life Assurance Company, Annual Meeting of the Shareholder and Participating Policy Holders, virtual-only

+ Apr. 22; Calgary Real Estate Board, Annual General Meeting, virtual-only

+ Apr. 23; National Bank of Canada, Annual Meeting of the Holders of Common Shares, virtual-only

+ Apr. 29; Canfor Pulp Products Inc., Annual General Meting, virtual-only

+ Apr. 29; Empire Life, Annual Meeting of Shareholders and Participating Policyholders, virtual-only

+ Apr. 29; Pason Systems Inc., Annual General and Special Meeting of Shareholders, virtual-only

+ Apr. 29; Yangarra Resources Ltd, Annual General Meeting of Shareholders, Calgary

+ Apr. 30; Marwest Apartment REIT, Annual General and Special Meting of Unitholders, virtual-only

+ May 4; TransAlta Corporation, Annual and Special Meeting of Shareholders, virtual-only

+ May 5; Maple Leaf Foods Inc., Annual Meeting of Shareholders, virtual-only

+ May 5; Sun Life Financial Inc., Annual Meetings of Shareholders and Policy Holders, virtual-only

+ May 6; Trez Capital Senior Mortgage Investment Corporation, Annual and Special Meeting of Shareholders

+ May 6; Western Forest Products Inc., Annual and Special Meeting, virtual-only

+ May 7; Ensign Energy Services Inc., Annual General and Special Shareholder Meeting, virtual-only

+ May 11; Bird Construction Inc., Annual General Meeting of Shareholders, virtual-only

+ May 11; Keyera Corp., Annual Meeting of Shareholders, virtual-only

+ May 13; Precision Drilling Corporation, Annual Meeting of Shareholders, virtual-only

+ May 14; Genesis Land Development Corp., Annual General Meeting, virtual-only

+ May 21; Resolute Forest Products Inc., Annual Meeting of Stockholders, virtual-only

+ May 27; Jamieson Wellness Inc., Annual and Special Meeting of Shareholders, virtual-only

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

+ Fear of failure is higher when you’re not working on the problem. If you are taking action, you are less worried about failure because you realize you can influence the outcome. – James Clear

+ Not to arrive at a clear understanding of one’s own values is a tragic waste. You have missed the whole point of what life is for. – Eleanor Roosevelt

+ Advantage Oil & Gas Ltd. and Allardyce Bower Consulting Ltd. announce a JV carbon capture and storage technology project at Glacier Gas Plant near Grande Prairie; expected in service by March 2022

FACILITYCalgary FREE

IN THIS ISSUE: Alberta COVID stats | Advantage carbon capture JV | Air Canada merger failed | ARC/Seven Generations merger | Crescent Point Kaybob acquisition | Inter Pipeline scores $408 million from GOA + deals + rig counts + upcoming events, appointments + REIT NEWS + ESG reports + financings + quotes

+ Apr. 6-15; Banff Pipeline Workshop 2021, (being held virtually), info/register

+ Apr. 13; Western Canada Apartment Investment Conference (being held virtually), info/register

+ Apr. 14-15; 28^th Vancouver Real Estate Forum, virtual-only; info/register

+ Apr. 19; Federal Government Budget Speech Day

+ May 6; 6^th Saskatchewan Real Estate Forum; virtual-only; info/save the date

+ May 12-13; Business Transitions Forum, Westin Edmonton; info/registration

+ May 12-13; Montreal Real Estate Forum, virtual-only; info/register

+ May 13-16; Word Economic Forum, Special Annual Meeting 2021 (postponed and moved from Davos), Singapore

+ May 19 – 20; Alberta Economic Development Leaders’ Summit * Conference; online/virtual; information/register

+ May 26-27; 22^nd Edmonton Real Estate Forum, online/virtual; registration now open

+ May 31 – June 1; Egypt Petroleum Show, Cairo, Egypt; info/registration

+ June 8 & 9; Land & Development Conference; virtual-only – save the date/sponsorship

+ June 6-18; CERI 2021 Petrochemical Conference, Kananaskis Mountain Lodge; program; sign up/register

+ June 20; Oil & Gas Tech Summit 2021; virtual – register here

+ June 11-13; THIRDACTion Film Festival – Patricia Whalen Theatre, in-person & online - Calgary Downtown Library, and VIRTUAL; tickets/passes go on sale April 12^th; SAVE THE DATES/get on the mailing list – and check out the 2020 Films

+ June 22-23; Petrochem Canada, Sunbridge Hotel & Convention Centre, Saria; info/registration

+ July 23 – Aug. 8; Tokyo Olympics – 2021 Summer Games

+ Sept. 12-15; Digital Construction World, Dubai World Trade Centre, info/register

+ Sept. 21 - 23; Global Energy Show, Stampede Park, Calgary, info/registration

+ Oct. 4-6 [REVSIED DATE]; NeoCon, the Mart, Chicago; info

+ Oct. 20-21; BOMEX Virtual 2021, The New Normal?, annual conference; save the date/mailing list , call for presenters

+ Dec. 6-9; World Petroleum Congress, Houston; info/registration

~

2022

+ Feb. 17-18; Canadian Concrete Expo, International Centre, Mississauga, ON; save the date

+ Mar. 31 – Apr. 1; National Heavy Equipment Show, International Centre, Mississauga; save the date

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

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 - 2021 MaxComm Communications. All rights reserved. Domains operated by MaxComm Communications:

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 weekly newsletter

Est. July, 1999

+ Alberta COVID-19 stats: 1,998 deaths to date, 10,582 active cases of 153,194 confirmed cases to date: aggregate Alberta data – currently, 312 Albertans are in the hospital with COVID-19, and 76 of those are in intensive care units; 3,765,738 tests have been administered to 1,923,707 Albertans to date.

+ Alberta COVID-19 restrictions remain in effect – a FULL Step 2 limited re-opening status remains in effect; no further relaxations as cases spike, variants of the virus spreading – leaving politicians at odds with doctors in terms of whether fresh-lockdown measures should be implemented as some other provinces have done

+ABTraceTogether – get the APP

+ Advantage Oil & Gas Ltd. and Allardyce Bower Consulting Ltd. announce a JV carbon capture and storage technology project at Glacier Gas Plant near Grande Prairie; expected in service by March 2022

+ Air Canada and Air Transat A.T. Inc. agreed to terminate their proposed merger; regulatory approval hurdles and COVID-19 were cited as the primary causes – though Ottawa’s lack of clarity on how it will support the airline industry recovery is the proverbial quicksand everyone fears; don’t be surprised if Pierre Karl Péladeau goes after Transat … tic toc

+ Arc Resources Ltd. and Seven Generations Energy Ltd. got shareholder and court approval for their $8.1 billion combination/merger

+ Brookfield Asset Management increased its takeover bid for Brookfield Property Partners LP to US$6.5 billion

+ Cenovus Energy Inc. completed its amalgamation of Husky Energy Inc.; will now operate the entire merged enterprise as Cenovus Energy Inc.

+ City of Calgary 2021 elections; now 10 declared candidates running for mayor: Ian Chaing, Jeremy Farkas, Brad Field , Jyoti Gondek, Larry Heather, Kevin Johnston, Zane Novak,Teddy Ogbonna, Shaoli Wang,  Grace Yan , and  48 candidates so far have filed for council ~ and lots of other rumoured candidates exploring a run …

+ Crescent Point Energy Corp. closed its $900.0 million acquisition of Kaybob Duvernay assets from Shell Canada Energy

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; crude prices slipping; WTI south of US$60/bbl – Suez blockage resolved, and OPEC+ solidarity concerns contributing to the retreat in prices …

+ Deloitte Canada acquired Groundswell Group. Inc.; terms not disclosed

+ Endeavor announced it will set up Endeavor Canada with head office in Calgary; Calgary and Canadian government funding support – no word yet on office/staff size … tic toc

+ GOA Bill 22: The Red Tape Reduction Implementation Act, among other things, removes director residency requirements – check out the paper by Burnet Duckworth & Palmer

+ HOUSING TRUTH – monthly residential newsletter: HOUSING TRUTH – CLICK HERE TO SIGN UP for our mailing list  – - February issue, archived issues

+ Inter Pipeline Ltd. secured $408.0 million in cash grants from the Government of Alberta for its Heartland Petrochemical Complex; they will forego $200.0 million in previously granted royalty credits already in place from earlier-day deals with the GOA

+ Inter Pipeline Ltd. instituted a Shareholder Rights Plan

+ Leucrotta ExplorationInc. closed $30.0 million sale of some non-core Montney assets

+ PROPERTYlines;  – monthly commercial real estate newsletter  CLICK HERE to CHECK OUT THE March issue;  archived PROPERTYlines Issues

+ rig activity in Canada

+ rig counts (active/working) – US: up 13 to 430 this week; Canada: down 12 to 69 this week; full breakdown and international rig counts

+ Sagen MI Canada Inc. closed its arrangement Brookfield Business Partners L.P which now owns 100% of Sagen MI Canada Inc.

+ Whitecap Resources Inc. to acquire Kicking Horse Oil & Gas Ltd. for $300.0 million

+ Datable Technologies Corporation closed $1.505 million tranche of its unsecured convertible debt raise

+ Dialogue Health Technologies Inc closed $100.0 million equity raise by IPO

+ Énergir Inc. closed $225.0 million equity financing by private placement

+ GreenSpace Brands Inc. closed $3.5 million equity financing by private placement

+ Helix Applications closed $3.0 million equity raise by private placement

+ Hydrofueld Canada Inc. closed $1.3 million equity financing by private placement

+ Intact Financial Corporation closed $250.0 million sub. debt financing

+ Leucrotta Exploration Inc. closed $33.0 million equity raise

+ MDA Ltd. is on the market to raise $400.0 million in equity by IPO

+ Navacord Corp. closed $1.05 billion financing

+ Optive Inc. is on the market to raise $25.0 million in equity by private placement

+ Starlight U.S. Multi-Family (No. 2) Core Plus Fund closed $107.0 million equity raise by IPO

+ Titanium Transportation Group Inc. closed $35.0 million in equity financings

*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 …

+ City of Calgary construction of the Green Line LRT project has been officially delayed; start will be in 2022 or later …

+ designed for Mars …

+ new construction job portal

+ Ontario COVID emergency brake shutdown – leaves construction open

+ a great paper from Torys LLP makes the case for Canadian fossil fuels ESG supremacy

+ iA Financial Group published its 2020 Sustainability Report

+ Killam Apartment REIT published its 2020 ESG Report

+ Scotiabank published its 2020 ESG Report

+ City of Calgary construction of the Green Line LRT project has been officially delayed; start will be in 2022 or later …

*information in this section, relevant to Alberta/Calgary – for national and international news, go to our PROPERTYlines monthly publication

+ BentallGreenOak closed its deal to acquire Metropolitan Real Estate Equity Management (US$2.4 billion AUM) from The Carlyle Group; the unit will operate as BGO Strategic Capital Partners

+ in Red Deer, Imperial Equities Inc. acquired the Wajax Building (34,811 sq. ft. on 4.72 acres) for $9.3 million

*information in this section, relevant to Alberta/Calgary – for national and international news, go to our PROPERTYlines monthly publication

+ Exro Technologies Inc. announced plans to set up 37,000 sq. ft. automotive electric motor manufacturing facility

*information in this section, relevant to Alberta/Calgary – for national and international news, go to our PROPERTYlines monthly publication

Please send us your events"

+ Aug. 11-15; Shaw Charity Classic – PGA Champions Tour Event, Canyon Meadows Golf and Country Club, info/website

+ Aug. 24; Alberta Cancer Foundation Golf Classic, Country Hills Golf Club; info/register

+ Sept. 8; Little Warriors Charity Golf Tournament, The Quarry course, Edmonton; info/details/donate;  register

~

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