FACILITYCalgary

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

FACILITYCalgary May 6/25

ARCHIVED ISSUES

CONVERSATIONS

SIGN UP

SHAKERS AND MOVERS 
appointments and disappointments 

+ Brian Vaasjo to Board Member @ Alberta Health Services

+ Dan Elrod to Pres. @ Wallace & Carey

+ David Weyant to Board Chair @ Alberta Health Services

+ Doug McGregor, Group Head, RBC Capital Markets & RBC Investor & Treasury Services, retiring

+ Dr. Dan Wicklum to CEO @ The Transition Accelerator

+ Horacio Barbeito to Pres. & CEO @ Walmart Canada

+ Hratch Panossian to Sr. Exec. VP & CFO @ CIBC

+ Jaime McKenna to Managing Dir. & Group Head, Real Estate @ Fengate Asset Management

+ Jim Drake to CFO @ Plaza Retail REIT

+ Josh St. Cyr to Pres. @ ProCura Real Estate Services

+ Kevin Glass, Sr. Exec. VP & CFO @ CIBC, retiring

+ Kevin Patterson, Sr. Exec. VP & Group Head, Technology and Operations @ CIBC, retiring

+ Lee Tappenden, Pres. & CEO @ Walmart Canada, stepping down

+ Max Loff, Exec. VP & CFO @ Bellatrix Exploration Ltd., resigned

+ Melanie Teed-Murch, Pres. @ Toys “R” Us Canada, resigned

+ Mike Etienne to Bus. Dev. Mgr. @ Pro Torque Connection Technologies Ltd.

+ Nicholas Bell to Pres. & CEO @ Glenbow

+ Nick Romans to CEO @ Deeplite Inc.

+ Nick Spisic to Principal & Exec. VP @ NEXON Development

+ Peter Lindley to Pres. & CEO @ OPTrust

+ Rosemarie McClean to COO, Enterprise Operations @ United Nations Joint Staff Pension Fund

+ Shane Abel to Exec. VP & CFO @ Bellatrix Exploration Ltd.

+ Tamara Ballanti to VP Human Resources @ SpoT Coffee (Canada) Ltd.

+ Trish Josephs to VP Bus. Dev. @ MgO Systems Ltd.

+ Zvonko Trajkovic to Engineering Leader, Rail Systems Americas @ Arup

~

 [send us your appointment notices  kolke@facilitycalgary.com ]




 HUMAN RESOURCES + WORKPLACE TRENDS 

+ hottest in-demand skills

+ recession fears = layoff anxiety

+ drug and disease management among top health concerns for employers




 QUOTES 

+ Forgiveness is about empowering yourself, rather than empowering your past. – T.D. Jakes

+ Generosity is not giving me that which I need more than you do, but it is giving me that which you need more than I do. – Khalil Gibran




 KUDOS 

+ Calgary’s Central Library – included in Time’s top 100 greatest places to visit this year

+ to Heritage Park – they are building a new natural resources interpretive centre; GOA is providing $1.5 million, Ottawa is contributing $2.0 million; total project budget is $7.5 million

+ to Mark Tewksbury, to receive the 2019 Muhammed Ali Humanitarian Award for Gender Equality




  GLOSSARY + ABBREVIATIONS + ACRONYMS 

CLICK HERE FOR FULL GLOSSARY  




 SAVE THE DATE / upcoming events

+  Sept. 2-4; World Heavy Oil Congress & Exhibition, Oman Convention Centre, Muscat, Oman; info/register

+ Sept. 4; Canadian Apartment Investment Conference, Metro Toronto Convention Centre, Toronto; info/register

+ Sept. 6; Ammonia Safety Training, NE Sportsplex, Calgary; info/register … also dates for Lloydminster and Edmonton

+ Sept. 9-11; BOMEX 2019, St. John’s, Nfld.; info/sponsor/register

+ Sept. 14; Cerebral Palsy Association, Life Without Limits Challenge, Rotary Challenger Park, Calgary; info/register

+ Sept. 17; Networking 2.0 Public Session 2019, Hotel Blackfoot, Calgary; info/register

_ Sept. 17-19; Gastech Exhibition & Conference, Houston, Texas; info/registration

+ Sept. 17-19; Canadian Association of Professional Landmen (CAPL), 2019 Conference, Calgary; info/register

+ Sept. 19; Uncorking Potential fundraiser (formerly known as the Peter Gzowski Invitational) for canLEARN Society, Fort Calgary, Calgary; info/tickets

+ Sept. 23-26; 2019 IREM Global Summit, Hilton Union Square, San Francisco; info/register

+ Sept. 25-26; Artificial Lift & Production Optimization, Western Canada 2019, Blackfoot Inn, Calgary; info/register

+ Sept. 25-26; Waterpower Canada Conference, Montreal; info/register

+ Oct. 1; Workforce Choice Awards, Jack Singer Concert Hall, Calgary; info/tickets

+ Oct. 3; Reins of Responsibility, Shriner’s Fez Dome, Calgary; info/register - ** editor’s note: I’ve taken this program – it’s about horses, HR leadership and serious naval-gazing; I highly recommend Nancy Lowery’s signature event …

+ Oct. 9; Energy Council’s 2019 Energy Person of the Year Award Dinner, Westin Hotel, Calgary; sponsor info/tickets

+ Oct. 17-18; 10th Annual Connect Event / United Way of Calgary and Area, Carriage House Inn, Calgary; info/register

+ Oct. 21; tentative date, Federal Election – everywhere; Elections Canada are recommending staying with this date even though it conflicts with Shemini Atzeret Jewish holiday … tic toc

+ Oct. 21-25; Forests of Opportunity, 2019 SFI Annual Conference, Richmond, VA; info/register

+ Nov. 1; Stantec presents the 5th Annual Peter Burgener Memorial Charity Concert, Barney Bentall and The Cariboo Express in support of Classroom Champions, Bella Concert Hall at MRU, Calgary … save the date; register for RSVP Invitations

 + Nov. 6; Calgary Real Estate Forum, TELUS Convention Centre; info/register

+ Nov. 11; ADIPEC – Abu Dhabi International Exhibition and Conference; info/book space in Canada pavilion

+ Nov. 19-21; ISSA Show North America 2019, Las Vegas, NV; info/register

+ Nov. 20-24; 2019 Grey Cup Festival; tickets/information


[send your event notices to:  kolke@facilitycalgary.com ]



 SHAREHOLDER MEETINGS

+ Sept. 17; Calgary Council of Voluntary Organizations (CCVO), Annual General Meeting, Calgary

+ Sept. 18; Pure Multi-Family REIT LP, Special Meeting of Unitholders, Vancouver

+ Oct. 3; Great-West Life Assurance Company, London Life Insurance Company and Canada Life et al, Special Meeting to approve amalgamation, Winnipeg

~

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




 Classified advertising: 

PUT YOUR 
ADVERTISEMENT HERE
 request details/rate quotes:  kolke@facilitycalgary.com 
SEE YOUR 
BRAND HERE

 weekly newsletter

Est. July, 1999




 TODAY'S HEADLINES


HEADLINES: Husky starting Dee Valley production | Minto converting International Hotel | Pemblna buying Kinder Morgan Canada | Keystone XL go-ahead | TransMountain expansion start … + Jerilyn Dressler interview  + deals + rig counts + upcoming events, appointments, Golf Tournaments + REIT NEWS + financings




this  site refreshed with a new issue every Tuesday


current week data ~ updated August 20, 2019


Editor/Publisher: Mark Kolke



CONVERSATIONS

This week's conversation with Jerilyn Dressler, Exec. Director @ Calgary Distress Centre

A recent conversation with Denise Baril, Founder/Pres. @ Workplace Speaker Network

Click here to access the archive: archived conversations with fascinating Calgarians ...



 sponsors of this week's issue:

 
DATA CENTRE

e-mail: Carol.Keen@DataHive.ca



e-mail Lance Laliberte - Sales at PREMIERE OFFICE MOVERS
 
OFFICE MOVERS



e-mail Grant Robinson, Managing Director, Calgary
 
RISK & INSURANCE SOLUTIONS



CONTACT US
SALES COACHING



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



CONTACT MARK KOLKE 
OFFICE AND INDUSTRIAL LEASING



CLICK HERE TO GET MARK'S HOME SEARCH APP FOR YOUR MOBILE PHONE - search any MLS listing you see, get information and/or book a showing without making a call - check it out! It's new and aVERY cool tool.

CLICK HERE to sign up for Housing Truth newsletter 

CONTACT MARK KOLKE 
RESIDENTIAL SALES



click to contact: Trevor Winkler, Regional Managing Partner, Calgary
 
ACCCOUNTING, CONSULTING, TAX



e-mail Lance Laliberte - Sales at PREMIERE OFFICE FURNITURE
 
NEW AND USED OFFICE FURNITURE



Partner with us for your CSR or employee giving program, and join us in the global fight against avoidable blindness - e-mail Lynne Nieman, Partnerships Officer
 
SUPPORTING VISION PROJECTS WORLDWIDE



RETAINED EXECUTIVE SEARCH - For more information, click here.



e-mail Peter Gatzsch
 
COMMERCIAL INTERIOR CONSTRUCTION



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



 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

+ Aug. 29; Urban Measure Invitational for Cystic Fibrosis, Inglewood Golf & Curling Club, Calgary; info/register

+ Sept. 4; Little Warriors 4th Annual Golf Tournament, The Quarry, Edmonton; info/register

+ Sept. 5; 2019 Enmax BOMA Golf Tournament, Kananaskis Country GC, Kananaskis; info/register

+ Sept. 19; Basecamp Resorts/Murrieta’s 1st Annual Charity Golf Tournament, Stewart Creek, Canmore; info/register

+ Sept. 19; Calgary Hellenic Charity Golf Tournament, Elbow Springs GC, Calgary; info/register

~

[please send your charity golf event 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 - 2019 MaxComm Communications. All rights reserved. Domains operated by MaxComm Communications:

http://calgaryofficespace.com
http://facilitycalgary.com

http://plandflex.com
http://markmusing.com  




↓SIGN UP TO GET FACIILITYCalgary↓

CLICK HERE - 

FACILITYCalgary FREE




NEWS SUMMARY 
 August 20 ~ 27 


+ City of Calgary; 18 Boards, Commissions and committees – annual recruitment to fill vacancies; applications close Sept. 14

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; prices fluctuating nervously based on speculation about U.S. v. China trade tensions …

+ geologic systems ltd. acquired TOP Analysis Ltd.; terms not disclosed

+ GOA extended oil curtailment program to the end of 2020

+ Government of Canada announced plans for a Canadian Centre for Energy Information; sadly there is no commitment to putting it in Calgary – the logical place, don’t we all agree?

+ Husky Energy started production at its Dee Valley thermal project in Saskatchewan

+ Keystone XL Pipeline project got new life; Nebraska court ruling in favour of revised route through Nebraska – and TC Energy gearing up to build … tic toc

+ McCrum’s Office Furnishing moved to new headquarters on Manhattan Road SE

+ Minto Apartments are converting the International Hotel to short and long term apartment rentals; launching September/19

+ Pembina Pipeline Corp. agreed to buy Kinder Morgan Canada for $2.3 billion and the U.S. portion of the Cochin pipeline for $2.05 billion

+ Razor Energy Corp. agreed to acquire Little Rock Resources Ltd. for $12.7 million

+ rig activity in Canada

+ rig counts (active/working) – U.S.: down 19 to 916 this week; Canada: down 3 to 139 this week; full breakdown

+ TechnipFMC PLC announced it will spin off its engineering and construction operations into a 2nd company

+ TerraNova Partners LP acquired control of Carma Industries Inc. and Carma Billing Services Inc.

+ The Transition Accelerator: Building Pathways to a Sustainable Future has been launched; former COSIA CEO is CEO Dr. Dan Wicklum who says, “formal advisors and Board members from Montreal, Ottawa, Toronto, Winnipeg and Calgary.  But my office will be in Calgary. We launched the organization to be truly in independent space, positioned to work with change agents wherever we find them whether in academia, industry, government or elsewhere.”

+ Transat A.T. Inc. shareholders approved $720.0 million takeover bid by Air Canada; deal is still subject to Federal government approval

+ TransMountain Pipeline expansion project construction starting announced … tic toc

+ Valvoline Inc. agreed to acquired six Alberta service centres from Minit Lube

+ Woodfibre LNG announced it is ready to forward with its $1.6 billion export facility in Howe Sound near Squamish, BC




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Axion Ventures Inc. closed US$1.375 million convertible debt financing

+ Drop Technologies Inc. closed US$44.0 million equity financing

+ Electrovaya Inc. secured $1.5 million credit facility

+ ESSA Pharma Inc. closed US$36.0 million equity financing

+ Green Rise Capital Corporation closed $3.67 million equity financing by private placement

+ Intact Financial Corporation closed $461.0 million equity financing

+ Laramide Resources Ltd. closed $1,687,500.0 equity financing

+ MediaValet Inc. is on the market to raise $3.5 million in equity by private placement

+ Hydro-Quebec closed $500.0 million debt financing

+ Oculus Transport Ltd. closed $45.0 million sr. secured debt financing

+ TruTrace Technologies Inc. closed $510,000.0 trance of an equity financing by private placement

~

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




 BUILDING OPERATIONS NEWS + INNOVATION 

+ scaffolding doesn’t need to be ugly




 INFRASTRUCTURE / P3  


+ Canada engaged a special negotiator to work with CN to resolve ownership and rehabilitation of historic bridge – The Quebec Bridge, which connects Levis with Qubec City; the 100 yr. old structure is longest clear-span cantilever bridge in the world

+ Forty Mile Rail Transload facility at Foremost getting $4.2 million in funding from National Trade Corridors Fund




 CONSTRUCTION NEWS + INNOVATION 

+ Alberta No.1 Geothermal project; The Greenview Geothermal Power Project, is getting $25.4 million contribution by the Government of Canada; JV between Terrapin Geothermics and M.D. of Greenview, PCL Construction involved in the 5MW project, Alberta’s first commercial scale geothermal facility

+ report on disability accessibility – National Disability Summit – get the ‘What we learned report’ PDF download from the link …

+ twinning Highway 15 near Fort Saskatchewan and another bridge over the North Saskatchewan; contracts awarded as two projects to Wells Construction, div. of Lafarge Canada Inc. and Alberco Construction Ltd.




 INTERESTING REAL ESTATE NEWS FROM OTHER PLACES 


+ AutoCanada Inc. closed a sale-leaseback (two properties/three dealerships in Edmonton) transaction with Capital Automotive Real Estate Services Inc.

+ in Montreal, the TGTA led group that created the 0 Mile-Ex A.I. tech hub complex, sold it to Spear Street Capital; terms not disclosed

+ in Thunder Bay, Holloway Lodging Corporation closed the sale of its Travelodge and Airlane Hotel & Conference Centre for $15.0 million

+ in Vancouver, Marcus & Millichap acquired Form Real Estate Advisors Inc.

+ Kensington Capital acquired five surgery clinics (Vancouver, Calgary, Winnipeg, Toronto, Mississauga) from Centric Health for $35.0 million




 INTERESTING TRENDS IN RETAIL 


+ L.L. Bean will open it’s first Canadian store in Oakville; plans to roll out 20 stores over the next 10 years and they will do 50 kiosks within Hudson’s Bay stores, and selected Sporting Life locations …




 INTERESTING TRENDS IN OFFICE REAL ESTATE 


+ WeWork is getting serious competition from Industrious – raising US$80.0 million from backers which include Brookfield Property Partners and CPPIB




 this week in REITS 


+ Jim Drake to CFO @ Plaza Retail REIT




↓SIGN UP TO GET FACIILITYCalgary↓

CLICK HERE - 

FACILITYCalgary FREE


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