FACILITYCalgary

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FACILITYCalgary May 6/25

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 THIS WEEK - NEWS SUMMARY 

  August 21 ~ 27, 2024 




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- 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:

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



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BennettJones.com



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ROCKY VIEW COUNTY
Business & Economic Development



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



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DONATION INFO/OPTIONS

 
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.



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CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES

                                                                                                    

                                                                

  NEWS THIS WEEK  


 

+ a rail strike we anticipated this week was NOT prevented; now the federal government acted, CIRB ordered operations to resume at CPKC and continue at CN while the disputes proceed to binding arbitration, and some workers are refusing to submit to the binding arbitration 

+ Canada Jetlines Operations Ltd. seeking creditor protection – sr. execs and CEO resigned

+ City of Calgary – water crisis: returning to Stage 4 restrictions happened as planned on August 26 for more repairs deemed urgent  + 5 more feeder lines identified for repairs ... – further restrictions are required to avoid any boil-water-advisories – most recent update

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com; WTI @ US$77/bbl; Brent @ US$81/bbl – China softening demand, U.S. buying for national petroleum reserve; Goldman Sachs adjusted their 2025 forecast and price-range

+ FGC Health LP et al is in receivership; PwC is the receiver

+ fire season 2024:  75 fires are active –  74 of those are new/2024 fires – only 1 of those is out of control –

+ fire season 2024 disruptions/evacuations in the last week:

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

+ Givex Corp. to be acquired by Shift4 Payments Inc. for $200.0 million

+ Grassy Mountain development (or not) in the news again – under a different name, the same company that was refused is doing and end-run/work around ... tic toc

+ 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

+ NG Energy International Corp commissioned its new 29.3 km pipeline

+ 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 1 to 585 this week; Canada: up 2 to 219 this week




 
SHAKERS AND MOVERS 
appointments and disappointments 

+ Brad Douville to CEO @ Greenlane Renewables Inc.

+ Clark Chow to Director @ Avanti Helium Corp.

+ Eduard van Gelderen, Sr. VP & Chief Investment Officer @ PSP Investments, leaving

+ Jyoti Gondek to VP @ World Energy Cities Partnership

+ Laurie Pushor, Pres. @ Alberta Energy Regulator, stepping down

+ Mark Maki to CEO @ Trans Mountain Corporation

+ Mark Thompson to Exec. VP & CFO @ Nutrien

+ Michael Davies to Pres. & COO @ Trans Mountain Corporation

+ Robin Kooyman to CFO @ Blackline Safety Corp.

+ Scott MacNair to VP Healthcare Solutions @ Medline Canada

~ 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 

+ David Aplin; founder of David Aplin & Associates, 85

+ Glenn Tibbles, former Pres & CEO @ Calgary Chamber of Commerce, business exec, 73




 
THIS WEEK IN FINANCINGS 
- proposed & closed

+ Boralex Inc. closed a $95.0 million debt financing

+ Chemtrade Logistics Income Fund is on the market to raise $250.0 million sr. unsecured debt

+ CULT Food Science Corp. closed a $1.5 million financing

+ Hydro-Québec closed a $500.0 million debt raise

+ Logan Energy Corp. secured a $75.0 million credit facility

+ Surge Energy Inc. is on the market to raise $175.0 million in sr. unsecured debt by private placement

+ Tucows Inc. closed a $63.0 million sr. secured debt financing




 
  TECHNOLOGY / AI TRENDS 

+ Green Datacenters is acquiring Vaxil Bio Ltd in a reverse takeover 




 
 CONSTRUCTIOIN + BUILDING SERVICES NEWS 

+ Gordie Howe Bridge in Detroit – Windsor nearing completion; decks now connected ...




 
 INFRASTRUCTURE + P3 

+ Government of Canada adding 56 government properties for residential conversion in 28 communities across the country




 
 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




 
 INTERESTING TRENDS/NEWS: RETAIL 

+ Crestpoint and Trinity Retail Fund acquired three Alberta retail properties; Okotoks, Olds and in Trinity Hills in Calgary

+ Crown Surplus in Inglewood – to close after 71 years

+ Loblaws experimenting with new low cost ‘no name’ stores in Ontario

+ 7-Eleven opening three licensed lounges in Calgary; 20 in Alberta




 
 INTERESTING TRENDS: INDUSTRIAL 

+ Green Datacenters is acquiring Vaxil Bio Ltd in a reverse takeover




 
 SHAREHOLDER MEETINGS

+ Sept. 3; Canadian Western Bank, Special Meeting of Common Shareholders, Edmonton

+ Sept. 4; Aptose Biosciences Inc., Special Meeting of Shareholders, Toronto

+ Sept. 9; Datable Technology Corporation, Annual General Meeting, Vancouver

+ Sept. 9; Fission Uranium Corp., Special Meeting, Kelowna

+ Se[t 12; XORTX Therapeutics Inc., Annual and Special Meeting, Calgary

+ Sept. 18; Sleep Country Canada Holdings Inc., Special Meeting of Shareholders, Toronto

+ Oct. 23; NEI Investments, Unitholder Meeting, Toronto

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

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




 
 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

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

+ Sept. 18; GDM Golf Charity Classic, in support of Brown Bagging for Calgary’s Kids, Inglewood Golf and Curling Club, Calgary; register

+ Sept. 23; Camp Chief Hector Golf Tournament, Bearspaw Golf Course, Calgary; register

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




 
 SAVE THE DATE / upcoming events

+ Sept. 11-12; Oil Sands Expo, Fort McMurray, info/register

+ Sept. 17-19; Info~Tech – Live 2024, The Bellagio, Las Vegas; agenda /

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

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

+ Sept. 26; Canadian Mortgage Summit, Pearson Convention Centre, Toronto; info/register

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

+ Oct. 1-2; Industrial Decarbonization North America 2024 – Pittsburgh; info/register

+ Oct. 16-17; Canada’s Productivity Summit, University of Calgary, School of Public Policy, BMO Centre, Stampede Park, Calgary; info/register

+ Oct. 20-24; Greenhouse Gas Control Technologies Conference (GHGT), Telus Convention Centre, Calgary – info / register

+ Oct. 24; The Fraser Institute Founders’ Award Dinner – honoring Jon Love, Fairmont Royal York, Toronto; info/tickets

Oct. 30; ESG Summit, Canada; Arcadian Court Toronto/virtual - info/register

+ Nov. 5-6; 2024 Smart Energy Vancouver, Vancouver – save the date;

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




 
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this site last updated May 6, 2025