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 

+ Aida Cipolla to CFO @ Toronto Hydro Corporation

+ Alvin Sharma, CFO @ Echelon Financial Holdings Inc., resigned

+ Aly Rahemtulla, Pres, CEO & Director @ BSM Technologies Inc.

+ Anne Darche to Director @ Davids Tea Inc.

+ Avi Minkowitz to VP @ Parkit Enterprise Inc.

+ Brian Mark to Board Chair @ Fertilizer Canada

+ Dr. Gigi Osler to President @ Canadian Medical Association

+ Elise Rees to Director @ Alcanna Inc.

+ Harout Chitilian to Exec. Dir. Corporate Affairs and Development @ CDPQ Infra

+ Hayley Wickenheiser to Assistant Director of Player Development @ Toronto Maple Leafs

+ Joseph Kiss to Pres. Modular Solutions @ Horizon North Logistics Inc.

+ Karina Dalberg Brown to Event Coorinator @ Hotel Arts

+ Kelsie Spooner to Specification Sales @ Richard McDonald & Associates

+ Louise De Jong to Pres. , CEO & Director @ BSM Technologies Inc.

+ Mark Becker to Pres. Industrial Services @ Horizon North Logistics Inc.

+ Melanie Parker to Assistant Property Mgr. @ Oxford Properties Group

+ Michael Cunningham to VP Finance & CFO United States @ AutoCanada Inc.

+ Nathanial Felsher to Pres. & Chief Strategy Officers @ Aimia Inc.

+ Neil Gross to Chair, Investor Advisory Panel @ Ontario Securities Commission

+ Peter Hong to Chief Strategy Officer and General Counsel @ AutoCanada Inc.

+ Raj Juneja to CFO @ AutoCanada Inc.

+ Sam Ramadori to Managing Partner @ Walter Capital Partners

+ Sean Bovingdon, Exec. VP CFO @ Toronto Hydro Corporation, left the companyu

+ Steve Strauss to VP @ Parkit Enterprise Inc.

+ Susan Burkman to Director @ Davids Tea Inc.

+ Tom Murphy to Head, Affiliate Dev. & Bus. Strategy @ Sun Life Investment Management


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




 MEMORIAM

+ Orville Chubb, Publisher of Edmonton’s Avenue Magazine; 57




 HUMAN RESOURCE + WORKPLACE TRENDS 

+ how to deal with employee hygiene issues

+ 41% of Canadian employers are having difficulty filling jobs …




  GLOSSARY + ABBREVIATIONS + ACRONYMS 

+ AEMERA – Alberta Environmental Monitoring Evaluation and Reporting Agency

+ AER - Alberta Energy Regulator

+ AIMCo – Alberta Investment Management Corporation

+ ASC – Alberta Securities Commission

+ AUC – Alberta Utilities Commission

+ BBL – barrel

+ BBLS/D – barrels per day

+ BIM – Building Information Modeling

+ BOE – barrel of oil equivalent

+ Brent – North Sea crude benchmark price

+ CapEx – capital expenditures

+ CAPP - Canadian Association of Petroleum Producers

+ cap rate – capitalization rate

+ CBD – Central Business District

+ CCAA – Companies’ Creditors Arrangement Act

+ CCS – Carbon Capture and Storage

+ CEAA – Canadian Environmental Assessment Agency

+ Chapter 11 – court ordered creditor protection under U.S. bankruptcy law

+ COSIA - Canada's Oil Sands Innovation Alliance

+ CPPIB – Canada Pension Plan Investment Board

+ CREB - Calgary Real Estate Board

+ DIP – debtor in possession

+ EBITDA – earnings before interest, taxes, depreciation and amortization

+ EIA – U.S. Energy Information Administration

+ EPC – engineering, procurement and construction

+ E & P – exploration and production

+ FERC – U.S. Federal Energy Regulation Commission

+ Forbearance Agreement – a short term formalized relief arrangement when loan terms are in default

+ FSR – floor space ratio

+ FTC – U.S. Federal Trade Commission

+ GJ – gigajoule

+ GLA – gross leasable area

+ GOA - Government of Alberta

+ GOM – Gulf of Mexico

+ GTA – greater Toronto area

+ GW - gigawatt

+ G&A – general and administrative

+ HOOP – Healthcare of Ontario Pension Plan

+ IEA – International Energy Agency

+ IFMA – International Facility Management Association

+ IPO – Initial Public Offering

+ JV – Joint Venture

+ KV – kilovolt (one thousand volts)

+ KW – kilowatt (one thousand watts)

+ LEED – Leadership in Energy and Environmental Design

+ LNG – Liquefied Natural Gas

+ LPG – Liquefied Propane Gas

+ MCF – thousand cubic feet

+ MCF/D – thousand cubic feet per day

+ mezz – mezzanine debt

+ MOA – Memorandum of Agreement

+ MOU – Memorandum of Understanding

+ MT – metric ton

+ MW – megawatt (1 million watts)

+ NAFTA – North American Free Trade Agreement

+ NEB – National Energy Board

+ NGLs – natural gas liquids

+ OPEC – Organization of Petroleum Exporting Countries

+ P3 – Public Private Partnership

+ PADD – U.S. Petroleum Administration for Defense Districts

+ PPA – Power Purchase Agreement

+ PSAC – Petroleum Services Association of Canada

+ PSP – Public Sector Pension Investment Board

+ RECA – Real Estate Council of Alberta

+ REIT – Real Estate Investment Trust

+ RFI – request for information

+ RFP – request for proposals

+ RFQ – request for qualifications

+ RICS – Royal Institution of Chartered Surveyors

+ RNG – renewal natural gas

+ SAGD – steam assisted gravity drainage

+ SAIT – Southern Alberta Institute of Technology

+ S & P – Standard & Poors

+ sub – subsidiary

+ sub. – subordinated

+ tic toc – we’ll see …

+ TOD – transit oriented development

+ UDI – Urban Development Institute

+ WTI – West Texas Intermediate crude benchmark price

+ WTO – World Trade Organization

+ YYC – YYC Calgary International Airport




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 - 2018 MaxComm Communications. All rights reserved. Domains operated by MaxComm Communications:

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

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




current week data

this  site is refreshed with a new issue every Tuesday morning


updated August 28, 2018




 TODAY'S HEADLINES


HEADLINES: Baytex merger | Brookfield Macquarie sale | Enbridge buys more Spectra | Omers pipeline buy + deals + rig counts + upcoming events, appointments + climate change + infrastructure + REIT NEWS + financings + Olympic bid progress + BTB puts a buzz on the roof




CONVERSATIONS

Last week's conversation with Eric Friesen, Exec. VP @ Cool Green Solutions

A recent conversation with Susan Otterson, Pres. @ ABL Imaging Group

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



 sponsors of this week's issue:

 
DATA CENTRE

e-mail: June.Read@DataHive.ca



e-mail Norm Landry
 
PROJECT MANAGEMENT



CONTACT MARK KOLKE 
RESIDENTIAL SALES



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



e-mail to Katherine Robinson, Managing Director

e-mail to Kim Green, Sr. Associate, Interior Design
ARCHITECTURE + INTERIOR DESIGN



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



CONTACT MARK KOLKE 
OFFICE AND INDUSTRIAL LEASING



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



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



e-mail Peter Gatzsch
 
COMMERCIAL INTERIOR CONSTRUCTION



 SAVE THE DATE / upcoming events

+ Sept. 1-2; Canmore Highland Games, Centennial Park, Canmore; info/tickets

+ Sept. 3-5; World Heavy Oil Congress & Exhibition, Oman Convention Centre, Muscat, Oman; info/register

+ Sept. 5; Canadian Apartment Investment Conference, Metro Toronto Convention Centre, Toronto; info/register

+ Sept. 6; RealREIT Conference, Metro Toronto Convention Centre, Toronto; program/registration

+ Sept. 15-18; CAPL Conference 2018, Hotel Saskatchewan, Regina; program/register

+ Sept. 25-27; International Pipeline EXPO, Telus Convention Centre, Calgary; info/registration

+ Sept. 28; Friends of Fish Cree – A taste of Autumn – Wine & Beer Tasting and Silent Auction, Canyon Meadows Golf and Country Club; info/tickets

+ Oct. 23; Calgary Real Estate Forum, Telus Convention Centre, Calgary; info/registration

+ Oct. 23; CAPPA Conference 2018, Telus Convention Centre, Calgary; agenda/register

+ Oct. 23-25; 2018 CanWEA Annual Conference and Exhibition, BMO Centre, Stampede Park, Calgary; info/registration

+ Oct. 30; 24th Annual Joint Conference – GPAC/PJVA; Calgary Petroleum Club, Calgary; info/registration

+ Nov. 13; Calgary 2026 Winter Olympic Bid Plebiscite – where/when to vote

+ Nov. 28-29; Real Estate Forum, Metro Toronto Convention Centre, info/register

+ Dec. 9-10; 9th Annual Sustainable Innovation Forum 2018/COP24, Katowice, Poland; info/register


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



↓ CLICK TO SIGN-UP ↓ 


CLICK HERE - 

FACILITYCalgary FREE




NEWS SUMMARY 
 August 21 ~ 28 


+ Aimia Inc. agreed to sell Aeroplan to Air Canada led consortium for $450.0 million; consortium involves TD Bank, CIBC & Visa Canada Corporation

+ Baytex Energy Corp. and Raging River Exploration Inc. got shareholder and court approval for their strategic combination and closed the transaction

+ Brookfield Business Partners and Macquarie Capital agreed to sell its Australian oil and gas holding Quadrant Energy to Santos Limited for $2.8 billion

+ current energy prices – live link to current Bloomberg energy prices / OilPrice.com; crude prices up this week; U.S. Department of Energy is offering 11.0 million bbls from its Strategic Reserve to the market to offset supply concerns dues to Iran sanctions. China demand up, and traders are anxiously awaiting OPEC output numbers …

+ Enbridge Inc. et al agreed to acquire all outstanding public common units of Spectra Energy Parterns LP for $4.3 billion

+ Irving Oil agreed to acquire Tedcastle Group of Companies, o/a Top Oil (180 gas stations and fuel import terminal in Ireland); terms not disclosed

+ Omers agreed to pay $1.87 billion to acquire 50% stake in Bridge-Tex Pipeline Company LLC

+ Pieridae Energy Limited and Ikkuma Resources Corp. agreed to a business combination

+ Pond Technologies Holdings Inc. agreed to acquire Regenurex Health Corporation

+ rig counts: up 17 to 229 this week; click for full breakdown

+ Supreme Court of Canada dismissed an application to hear Burnaby’s case against the Trans Mountain pipeline expansion project

+ Trez Capital Mortgage Investment Corporation formed a board committee to consider acquisition proposals they’ve received

+ U.S. rig counts: down 13 to 1,044 this week; click for full breakdown




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Cannacord Genuity Group Inc. closed $132.7 million sr. unsecured convertible sub. debt financing

+ E3 Metals Corp. closed $1,293,000.0 equity financing by private placement

+ Invesque Inc. closed US$50.0 million convertible unsecured sub debt financing


*editor’s note: names companies involved in debt financing transactions we report in this section are ALWAYS the borrower …




 QUOTES 

+ Good friends are like start you don’t always see them but you know they’re always there. – unknown

+ We make a living by what we get. We make a life by what we give. – Winston Churchill




 CONSTRUCTION NEWS + INNOVATION 

+ use of Fieldwire at EllisDon

+ Bucky Fuller’s predictions in a museum now




 this week in REITS 


+ BTB REIT formed a partnership with Alvéole to install beehives on rooftops at ten properties in Montréal, Québec, and Ottawa.

+ True North Commercial REIT agreed to acquire 122,000 sq. ft. Class A office property in Richmond Hill, ON for $33.0 million

+ True North Commercial REIT agreed to acquire 148,000 sq. ft. flex office property in NE Calgary for $26.75 million




 CALGARY OLYMPICS 2026 BID WATCH 


+ provincial and federal government support details will be left out of Sept. 10th ‘hosting plan’ decision by City Council

+ Notley government announced it will provide full details of its funding support for the Olympic bid BEFORE the Nov. 13 plebiscite

+ the bid process




 INFRASTRUCTURE / P3  


+ Canada Infrastructure Bank and CDPQ Infra investing $1.28 billion by a 15-yr. loan to the Réseau express métropolitain project (REM) in Montréal; the bank’s first investment!




 INTERESTING THINGS IN INDUSTRIAL REAL ESTATE 


+ DCT Industrial Trust agreed to sell itself to Prologis Inc. for US$8.4 billion




 SHAREHOLDER MEETINGS

+ Sept. 12; GreenSpace Brands Inc., Annual and Special Meeting of Shareholders, Toronto

+ Sept. 19; Calgary Chamber of Voluntary Organizations, Annual General Meeting, Fort Calgary, Calgary

 

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




 CHARITY GOLF TOURNAMENTS 

+ Aug. 29-Sept. 2; Shaw Charity Classic, Canyon Meadows Golf & Country Club, Calgary; tickets/donate

+ Sept. 5-6; Calgary Flames Celebrity Charity Golf Classic, Country Hills Gold Club Calgary and Links of Glen Eagles, Cochrane; info/registration

+ Sept. 7; Calgary Drop-in & Rehab Centre – Kindness Open, Silvertip Resort, Canmore; info/register/sponsor

+ Sept. 16; Give’r FORE Liver Charity Golf Tournament, Fox Hollow Golf Course, Calgary; info/register


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



 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ BTB REIT formed a partnership with Alvéole to install beehives on rooftops at ten properties in Montréal, Québec, and Ottawa.

+ IKEA Canada announced they are installing solar panels on its Edmonton (840KW) and Calgary (660W) stores




 SUGGESTIONS / COMMENTS:
 
feedback@facilitycalgary.com



↓ CLICK TO SIGN-UP ↓ 


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