FACILITYCalgary

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

FACILITYCalgary May 6/25

ARCHIVED ISSUES

CONVERSATIONS

SIGN UP

 
                                                                                                

 THIS WEEK - NEWS SUMMARY 

  December 4 ~ 10, 2024 


 
                                                                                                

 QUOTES 

+ There is too much bad news to justify complacency. There is too much good news to justify despair. - Donella Meadows

+ Worry does not empty tomorrow of its sorrow, it empties today of its strength. - Corrie ten Boom




 KUDOS 

+ to Order of Canada appointments and promotions – induction this Thursday in Ottawa; list of recipients – and special congrats to these outstanding Albertans: Elder Harley Kim Crowshoe, CM: Stephen James Randall, CM; William George Sembo, CM; 




 
- 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

 
                                                                                                

↓SIGN UP TO GET FACIILITYCalgary↓

CLICK HERE - 

FACILITYCalgary FREE


                                                                                                

 
 Sponsors of this week's issue:

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

 


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

 


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

 


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

 


 
 
 
 
ROCKY VIEW COUNTY
Business & Economic Development

 


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

 


 
 
 
 
BennettJones.com

 


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

 
                                                                                                

 
 
CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES

 
                                                                                                

To FACILITYCalgary readers:  in this section of our weekly publication we will host (subject to publisher's discretion and space limitations) information and links to help charities and not-for-profit fundraising campaigns - we are happy to help promote your causes; please submit your information and requests to: kolke@facilitycalgary.com

 
                                                                                                

 
 CHARITY - Not-for-profit - fundraising ... 
HELP WANTED ...

 
DONATION INFO/OPTIONS

 
 
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.

                                                                                                

 
                                                                

  NEWS THIS WEEK  


+ Advantage Energy Ltd. announced its 2025CapExBudget of $300.0 million

+ AI Data Centre Industrial Park project for Greenview (near Grande Prairie); MD of Greenview is partnering with O’Leary Ventures; 7.5GW capacity planned - 1st phase will be a 1.4GW/US$2.0 billion

+ Athabasca Oil Corporation announced its 2025CapExBudget of $335.0 million

+ Bank of Canada interest rate announcement coming tomorrow/Dec. 11 – media coverage suggests a 1/2 of 1% cut ... tic toc ...

+ Baytex Energy Corp. announced its 2025CapExBudget of $1.2 billion

+ Canada Post strike continues to not be going anywhere

+ Canadian Natural Resources Limited closed its acquisition of Chevron’s Alberta assets

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~  WTI @ US$68/bbl; Brent @ US$71/bbl ~ prices softened as OPEC+ production cuts and middle east uncertainty and US crude output hit a record last week …

+ fire season 2024 is over – but, 8 fires remain active in Alberta – all are ‘under control’ – with 1,220 fires extinguished

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

+ Gibson Energy Inc. announced its 2025CapExBudget of $210.0 million

+ Government of Canada will table it’s Fall Economic Statement of December 16th ...

+ Headwater Exploration Inc. announced its 2025CapExBudget of $225.0 million

+ Keyera Corp. announced its 2025CapExBudget of $370.0 million

+ Mayoralty/Calgary city council race watch – Calgary’s election is a year away: Gondek undecided on running again, Jeff Davison declared, Brian Thiessen declared, Joyti Gondek declared; and rumored to be running: Sonya Sharp, Dan McLean so far; new parties are lining up candidates: A Better Calgary Party, The Calgary Party, the Communities First party

+ MONDAY MORNING MINUTE - a weekly inspiration message and a selected quote in your inbox weekly; check out the new format; check out this week’s issue – sign up is free

+ Pieridae Energy Limited announced its 2025CapExBudget of $25.0 million

+ 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: up 7 to 589 this week; Canada: down 11 to 194 this week

+ Tamarack Valley Energy Ltd. announced its 2025CapExBudget of $430.0 million

+ TerraVest Industries Inc. agreed to acquire Aureus Energy Services Canada

+ TransAlta reached an agreement to sell certain assets to independent producers approved by the Commissioner of Competition; consent agreement

+ WestJet announced its 11th annual Christmas Miracle program and video; also their kids wish list for their parents video ...


 
                                                                

↓SIGN UP TO GET FACIILITYCalgary↓

CLICK HERE - 

FACILITYCalgary FREE


                                                                

SHAKERS AND MOVERS 
appointments and disappointments 

+ Anahita Jami to Sustainability (ESG) Director @ CIMA+

+ Andrew Blanchard to Director @ Frontenac Mortgage Investment Corporation

+ Caroline Drouin to Head of Investor Relations @ iA Financial Group

+ Catherine Peacock to VP, Procurement and Planning @ Infrastructure BC

+ Derek Sutherland to Interim CEO @ MCAN Mortgage Corporation

+ Douglas Foshee to Director @ Enbridge Inc.

+ John Sullivan to Director @ Colliers International Group Inc.

+ Katrina Terrill to Exec. Dir. @ Friends of Fish Cree Provincial Park Society

+ Meghan Davis to Interim Chair @ Frontenac Mortgage Investment Corporation

+ Russ Morrow, CEO @ Real Estate Council of Alberta, transitioned out

+ Stacy Paquin to Interim CEO @ Real Estate Council of Alberta

+ Tom Ebbern to Director @ Greenfire Resources Ltd.

~ 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 

+ Bill Faulkner; energy veteran, bow-tie master, guide dog coach; 74

+ Don Moore; a marvellous human, retired Director of Recreation at the City of Red Deer – fond memories for me, knowing Don - a man who made a practice of meeting ‘every kid’ on every rink or ball diamond and remembering their names; an inspiring magic-maker in Red Deer and the lives of so many kids who grew up there; 96

+ Fred Henry; controversial and highly praised retired Bishop of the Diocese of Calgary; 81

+ Steele Curry; entrepreneur, philanthropist and community leader; 84




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Canadian Natural Resources Limited is on the market to raise US$1.5 billion in debt

+ Canadian Natural Resources Limited is on the market to raise $500.0 million

+ Cominar REIT is on the market to raise $150.0 million in sr. unsecured debt

+ Condor Energies Inc. closed a $19.4 million equity raise

+ EPCOR Utilities Inc. closed a $200.0 million debt financing

+ Freehold Royalties Ltd. is on the market to raise $150.0 million in equity

+ Hydro One Limited is on the market to raise $750.0 million in debt

+ iA Financial Group closed a $400.0 million unsecured sub. debt raise

+ Loblaw Companies Limited is on the market to raise $400.0 million in sr. unsecured debt

+ Manulife Financial Corporation is on the market to raise $1.0 billion in sub debt

+ Mattr Corp. is on the market to raise $129.3 million in equity

+ Mojave Brands Inc. is on the market to raise $15.0 million in equity

+ Profound Medical Corp. is on the market to raise US$35.0 million in equity

+ Sagicor Financial Company Ltd. closed a $200.0 million credit facility

+ TAG Oil Ltd. closed a $6.8 million equity raise




 HR Resource + Workplace Trends + HSE 

+ design strategies for workplace success in 2025

+ HR trends report – 2025 preview; McLean & Co report

+ the office is making a comeback ... Gen Z led ...




 TECHNOLOGY / AI Trends 

+ AI Data Centre Industrial Park project for Greenview (near Grande Prairie); MD of Greenview is partnering with O’Leary Ventures; 7.5GW capacity planned - 1st phase will be a 1.4GW/US$2.0 billion

+ electric vehicles cold weather tips

+ Google announced a major breakthrough in quantum computing accuracy

+ Government of Canada investing $2.0 billion in data centre development – well, eventually, maybe, but who knows where or when?

+ mitigating bias and risk in AI talent recruitment




 RISK 

+ Alberta auto insurance reform ... progress, it seems, according to the Insurance Bureau

+ use of generative AI leading to unintentional risk for employers; KPMG report




 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ Government of Alberta confirmed it’s new rules for wind and solar projects – an ‘agriculture first’ strategy

+ REALPAC published a report – Decarbonizing Canada’s Commercial Buildings: The Owner & Investor Perspective




 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

+ RioCan REIT’s Glenmore Landing expansion development plan (1,100 units) rejected by Calgary City Council in response to concerns of residents




 INTERESTING TRENDS: MULTI-RES 

+ RioCan REIT’s Glenmore Landing expansion development plan (1,100 units) rejected by Calgary City Council in response to concerns of residents




 INTERESTING TRENDS: INDUSTRIAL + LOGISTICS 

+ Dollarama acquired a Balzac site for $46.7 million; will develop a 1.6 million sq. ft. distribution centre



 INTERESTING TRENDS: OFFICE 

+ Suncor Energy Centre is getting a $90.0 million renovation – will include entertainment venue and food hall

+ the office is making a comeback ... Gen Z led ...



  SHAREHOLDER / INVESTOR MEETINGS 

+ Dec. 12; RecycLiCo Battery Materials Inc., Annual General Meeting, Surrey

+ Dec. 13; SKRR Exploration Inc., Annual General and Special Meeting of Shareholders, Vancouver

+ Dec. 17; Dye & Durham Limited, Annual General Meeting of Shareholders, Toronto

+ Dec. 18; Frontenac Mortgage Investment Corporation, Special Meeting of Shareholders, Sharbot Lake, ON

2025

+ Jan. 7; Eres REIT, Special Meeting of Unitholders, Toronto

+ Jan. 9; Progressive Planet Solutions Inc., Annual General Meeting, Vancouver

+ Jan. 14; FuelPositve, Annual General Meeting, Winnipeg

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

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




 CHARITY GOLF EVENTS 

~ [please send your 2025 charity golf event notices to kolke@facilitycalgary.com ]




 UPCOMING EVENTS / SAVE THE DATE 

+ Dec. 12; Transition Accelerator - Toward a Hydrogen Economy in the Calgary Region; virtual/register

+ Dec. 16; Transition Accelerator – A Prioritization Framework Webinar, virtual; register

2025

+ Jan. 7-10; CES 2025 (Consumer Electronics Show, register

+ Jan. 23; CEA Partnering with Industry Symposium, Royal Glenora Club, Edmonton; register

+ Apr. 4; Consulting Engineers of Alberta – Showcase Awards Gala 2025; Edmonton Convention Centre

+ Mar. 25-26; Clean Fuels, Canada Summit – Westin Airport Hotel, Calgary – registration opens Dec/24

+ June 9-11; Neocon 2025; The MART, Chicago; calls for programming [deadline Jan 20]

+ June 25-26; Canada’s Net-Zero Forum 2025; Shaw Centre, Ottawa; register

+ Aug. 11-14; Global Indigenous Languages Summit – WAVES 2025, Ottawa; save the date

+ Nov, 20-21; Decentralized Energy Forum, Chateau Frontenac, Quebec City; tickets

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


                                                                

↓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