FACILITYCalgary

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

FACILITYCalgary May 6/25

ARCHIVED ISSUES

CONVERSATIONS

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SHAKERS AND MOVERS 
appointments and disappointments 

+ Aaron Shustack to Field Service Mgr. @ Chandos Construction

+ Bradley Cohen to Sr. Contracts Consultant @ OGCS Global

+ Bruce Jack to Director @ Apartment Plus REIT

+ Cherie Brant to Director @ TD Bank Group

+ Colin Doylend to Sr. VP, Innovation and Development @ Steel River Group

+ Craig Forester to Bid Development Coordinator @ Blackline Safety

+ Darlene Gates to COO @ MEG Energy Corp.

+ Dave Dalen, VP Development @ Centron Group, left the company

+ Denise Saldivar to Director, Property Management @ Rancho Realty (Edmonton) Ltd.

+ Eileen Foroglou to CFO (Canada) @ Epic Investments Services

+ Erik Dmytruk to Managing Director @ Slate Asset Management

+ Graydon Glans, CFO @ Highwood Asset Management Ltd., left the company

+ Jacqueline Moore to Associate Partner @ Frederick Fox

+ James Robertson to Chair @ BILD Calgary

+ Janeen Speer to Chief People Officer @ Benevity

+ Jill Chua to Managing Dir., Financial Institutions and Technology @ Raymond James

+ Jim Green to Trustee @ Marwest Apartment REIT

+ John Rooke to VP Property Management @ Low Tide Properties

+ Karen Williams to Insurance Financial Advisor @ Birnco Financial Group

+ Melissa Tkachuk to Branch Mgr. @ MaxSys Staffing and Consulting

+ Nancy Boisvert to Dir. of Business Development @ Serenity DTx

+ Priti Mehta-Shah to Director @ Apartment Plus REIT

+ Robert Louie to Director @ Apartment Plus REIT

+ Rossitsa Soyanova to Chief Investment Officer @ IMCO

+ Tammy Forbes to Sr. Mgr;, Communications @ EPCOR

+ Tom Amerongen to Partner/Microsoft Practise Leader @ RSM 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 ]




 MEMORIAM 

+ Al Webster; retired construction industry veteran, 82

+ Bruce McVean; retired accountant, athlete, community volunteer, 97




 HUMAN RESOURCES + WORKPLACE TRENDS 

+ Bain’s take – 10 specific tactics for diversity, equity and inclusion

+ keeping remote staff happy

+ one in five Canadians postponing retirement …




CONVERSATIONS

Click here to access the archive (2012-2021) : archived conversations with fascinating Calgarians ...



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



 SHAREHOLDER MEETINGS

+ Sept. 2; XORTX Therapeutics Inc., Special Meeting of Shareholders, Calgary and virtual

+ Sept. 3; Kansas City Southern, Special Stockholders Meeting/merger decision, Kansas City

+ Sept. 9; Empire Company Limited, Annual General Meeting, virtual-only

+ Sept. 20; Clarke Inc., Debentureholder Meeting, Halifax

+ Sept. 20; Federal Election across Canada; https://www.elections.ca

+ Sept. 21; TIMIA Capital Corporation, Annual General and Special Meeting, Vancouver

+ Sept. 23; Calgary Council of Voluntary Organizations, virtual-only

+ Sept. 28; PSP Investments, Annual Public Meeting 2021, virtual-only

+ Oct. 5;  Equitable Group Inc., Special Meeting of Shareholders, virtual-only

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




  GLOSSARY + ABBREVIATIONS + ACRONYMS 

CLICK HERE FOR FULL GLOSSARY  




 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

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

+ Sept. 8; Hol ‘n Fun Charity Golf Tournament in support of Calgary Police Youth Foundation; information/register

+ Sept. 9; Kerby Centre Charity Classic, Carmoney Golf Club, Calgary; info/registration

+ Sept. 13; 65 Roses Ladies Golf Classic, Earl Grey Golf Club, Calgary; info; registration golfers/teams

+ Sept. 15; MNP Charity Golf Classic in support of Kids Cancer Care, Bearspaw Golf Club, Calgary; info/sponsor/register

+ Sept. 22; CAOEC Golf Tournament, Elbow Springs Golf Club, Calgary; info/sponsor - register

+ September 27; Calgary Academy 40th Celebration Golf Tournament, Bearspaw Golf Club; info/register

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




 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ capitalizing on ESG opportunities in real estate

+ Imperial Oil Ltd. working on renewable diesel plant; new 40,000bbl/day hyrotreater will be on-stream in 2024 facility at Strathcona refinery will turn vegetable oil into diesel




 OUR MEDIA PARTNERS 

+ GLOBAL ENERGY SHOW   - postponed to Sept. 21-23, 2021; North America's Leading Energy Event, Stampede Park - Calgary, Canada

+ Check out this year’s GLOBAL ENERGY AWARDS winners




 INFRASTRUCTURE + P3 

+ Deerfoot Trail improvement project – P3 short-list narrows the field

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




 CORPORATE RESPONSIBILITY + ESG REPORTS 


+ Hines published its annual ESG Report



 Sponsors of this week's issue:

The Level Seton - Rental by ROHIT
For showings and information, call Jenn at 587-600-1960 

e-mail CalgaryRentals@rohitgroup.com
 
NEW RENTAL HOUSING



e-mail Kevin Phone
 
OFFICE MOVERS



Request a consult
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Visit: https://www.moodystax.com
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E-mail: kmoody@moodystax.com
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OUR SERVICES

TAX LAWYERS


TAX ACCOUNTANTS



Contact Zelos for a free consultation today
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Visit:  www.zelosglobal.com
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Video Conference:  Booking Calendar
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E-mail: kareen@zelosglobal.com

 LEADERS IN PRIVATE WEALTH MANAGEMENT



BennettJones.com



Visit: https://www.incito.ca/
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E-mail:  inspire@incito.ca

EXECUTIVE COACHING



Visit: Levvel.ca
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E-mail: connect@levvel.ca
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OUR SERVICES



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



 QUOTES 

+ Early is respect. Early = ‘I care.’ (It matters.) – Tom Peters

+ Tell me and I forget. Teach me and I remember. Involve me and I learn. – Benjamin Franklin




CLICK HERE to sign up for Housing Truth newsletter 



CLICK HERE to sign up for PROPERTYlines



CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES





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 weekly newsletter

Est. July, 1999

~
Mark Kolke, Publisher

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NEWS SUMMARY 
 August 24 ~ 31 / 2021 


+ BHP Group Ltd. announced it will go forward with its US$5.7 billion new potash mine east of Saskatoon

+ Calgary Council races; City of Calgary 2021 elections; now there are 26  candidates running for mayor: Ian Chaing, Jan Damery,  Jeromy Farkas, Brad Field, Emile Gabriel, Jyoti Gondek, Larry Heather, Dean Hopkins, Kevin Johnston, Zane Novak, Teddy Ogbonna, Sunny Singh, Shaoli Wang,  Grace Yan, Zac Hartley, Grant Prior, Jeff Davidson, David oZone Clark., Paul Michael Hallelujah, Mizanur Rahman, Zaheed Khan, Will Visor, Corey Lanterman, Geoff Rainey, Virginia Stone , Stan the Man Waciak and 97 candidates have filed nomination papers for the council’s 14 Ward seats

+ COVID-19 in Alberta current stats [ 11,426 active cases]– new cases ticking up, 4th wave concerns are growing …. ; 3rd shots/boosters for elderly and vulnerable are coming, but so far no action from Kenny government, some bizarre comments by Nathan Neudorf makes one wonder what kind of intelligence, or not, is driving government policy right now

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; Gulf of Mexico production curtailed due to Hurricane Ida – bumping crude prices temporarily …

+ CWC Energy Services Corp. closed the sale of its swabbing rig business unit; terms not disclosed

+ Enerplus Corporation agreed to sell its interest in a portfolio of Williston Basin assets for US$115.0 million

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

+ Hub International Limited agreed to acquire the assets of National Home Warranty Group Inc.

+ Imperial Oil Ltd. working on renewable diesel plant; new 40,000bbl/day hyrotreater will be on-stream in 2024 facility at Strathcona refinery will turn vegetable oil into diesel; largest of its kind in Canada

+ Kiwetinohk Resources Corp. and Distinction Energy Corp. got shareholder approvals for their plan of arrangement/combination; will operate as Kiwetinohk Energy Corp.

+ NAME CHANGES: Altura Energy Inc. is changing name to Tenaz Energy Corp., new management team

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

+ rig activity in Canada

+ rig counts (active/working) – US: up 5 to 508 this week; Canada: down 9 to 147 this week; full breakdown and international rig counts

+ THIRD ACTion Film Festival is running, in conjunction with RaffleBox – a 50/50 fundraiser – click here to participate – help us raise funds!




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Converge Technology Solutions Corp. is on the market to raise $225.3 million in equity

+ Firm Capital Mortgage Investment Corporation is on the market to raise $40.0 million in unsecured convertible sub debt

+ Granite REIT is on the market to raise $500.0 million in debt

+ Hydro-Quebec closed $500.0 million debt financing

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

+ Nanalysis Scientific Corp. closed $10.997 million equity raise

+ Nanalysis Scientific Corp. closed $9.2 million equity raise by private placement

+ Petro-Victory Energy Corp. closed $1.0 million equity raise

+ Premier Health Of America Inc. secured $27.0 million in credit facilities

+ ProMIS Neurosciences Inc. closed US$20.125 million equity raise

+ Tenaz Energy Corp. is on the market to raise $25.0 million in equity by private placement

+ Trade X Group of Companies Inc. closed US$10.0 million equity raise

*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 …




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



 SAVE THE DATE / upcoming events

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

+ Sept. 15-16; Oil Sands Conference & Trade Show, Fort McMurray; program -  info/register

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

+ Sept. 22-23; Canadian Apartment Investment Conference, online/virtual – info/registration

+ Sept. 28-29; RealREIT 2021 – REIT Conference, online/virtual – info/registration

+ Sept. 30-Oct. 3; Calgary Fall Home Show, Stampede Park, Calgary, info/book a booth

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

+ Oct. 20 -21; Calgary Real Estate Forum, virtual format; agenda/register

+ Oct. 20-21; BOMEX Virtual 2021, The New Normal?, annual conference; info/register

+ Nov. 5; 7th Annual Peter Burgener Charity Concert for Classrooms with Barney Bentall and the Cariboo Express, Bella Concert Hall, Mount Royal University; save the date

+ Nov. 9-10; ISA, Calgary Show – Expo & Conference, Telus Convention Centre, Calgary; save the date / submit a paper (deadline is June 7) / conference brochure/register

+ 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

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

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




 CONSTRUCTION NEWS + BUILDING SERVICES INNOVATIONS 

+ Deerfoot Trail improvement project – P3 short-list narrows the field

+ ECO Innovation Group expanding to Canada; will acquire Spruce Construction and operate as Spruce Engineering and Construction

+ NuVista Energy Ltd. published its ESG Commitment

+ RAM Consulting acquired Encepta Corp. and Horizon Engineering Inc.




 INTERESTING TRENDS IN RETAIL  ... 

+ JLL Canada is taking over management and leasing of the Canadian shopping centre portfolio owned by Ivanhoé Cambridge

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




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Our mailing address is: 6204B Burbank Road SE, Calgary, T2H 2C2, Canada

this site last updated May 6, 2025