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 

+ Agus Tandiano to Sr. Managing Director, Asia @ CPP Investments

+ Alana Riley to Sr. VP, Product & Distribution, Mortgage and Banking Solutions @ IG Wealth Management

+ Alexandra Moxin to VP, Product @ LQwD Fintech Corp.

+ Andrea McManus to Chief Advancement Officer @ Banff Centre

+ Andy Melton to CEO @ Melcor REIT

+ Bernie Kollman to Director @ Melcor REIT

+ Bill Anderson, Chair @ Sun Life Financial, retiring

+ Craig Richmond to Director @ Calgary Airport Authority

+ Dustin Rogers to Leader, Transformational Projects, Fleet Services, City of Calgary

+ Jason McConaghie to Principal @ ACI Architects Inc.

+ Kathy Bayless to Director @ Ballard Power Systems Inc.

+ Ken Norgrove to CEO, UK & International @ Intact Financial Corporation

+ Ken Silver, Pres. & CEO @ CT REIT, retiring

+ Laura Bouchard to Director of Communications @ C.D. Howe Institute

+ Lorraine Mitchelmore to Director @ AIMCo

+ Maximilian Biagosch to Sr. Managing Director, Europe @ CPP Investments

+ Mike Izzo to Chief Carbon Officer @ Hines

+ Paul Godfrey, Trustee @ RioCan REIT, retired

+ Rags Davloor to CFO @ Primaris REIT

+ Sarah Walters, Exec. VP Corporate Services @ Cenovus Energy, leaving the company

+ Sarah Walters to SVP HR and Shared Services @ KCA Deutag

+ Scott Hardy to CEO and Director @ Portable Electric

+ Sean McLaren to COO @ West Fraser Timber Co. Ltd.

+ Susan Anderson to Sr. VP, People Services @ Cenovus Energy

+ Tim Wilson to National Information Technology Mgr. @ Urban Life Solutions

+ Tom Hong to Director, Asset Mgmt. @ Genesis Land Development Corp

+ Tony Arnoldi to Director of Acquisitions @ Secure Capital

+ Vanessa Goodman to Mgr., HSE and Communications @ North West Redwater Partnership

~ 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 ]




 HUMAN RESOURCES + WORKPLACE TRENDS 

+ Government of Canada to require all federal employees and everyone in the federally regulated sector  to comply with COVID-19 vaccination requirements

+ lockers at work take on a new meaning

+ managing negative email at work

+ remote work comes at a price




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CONVERSATIONS

Click here to access the archive (2012-2021) : Mark Kolke's conversations with fascinating Calgarians ...



 get Mark Kolke to speak 
to your group / meeting / conference 

some recent talks

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CONTACT MARK KOLKE 
 KEYNOTE SPEAKER AND WORKSHOP LEADER



 SHAREHOLDER MEETINGS

+ Dec. 15; Storm Resources Ltd., Special Meeting, Calgary/virtual

+ Dec. 20; XORTX Therapeutics Inc., Annual & Special Meeting of Shareholders, Calgary/virtual

+ Jan. 27; Alberta Real Estate Association, Annual General Meeting, Banff

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




 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ Cenovus Energy Inc. to pursue three new carbon-capture projects

+ Decarbonizing Canada’s Large Buidlings – report from the Canada Greed Building Council




 CONSTRUCTION NEWS + BUILDING SERVICES INNOVATIONS 

+ Calgary Cancer Centre 90% complete; construction progress




  GLOSSARY + ABBREVIATIONS + ACRONYMS 

CLICK HERE FOR FULL GLOSSARY  




THIRD ACTion is focusing attention on - needs, accomplishments and celebration of our older citizens; click here to buy a 50/50 draw (only Alberta residents please). 




CLICK HERE to sign up for Housing Truth newsletter
CLICK HERE to sign up for Housing Truth newsletter 



CLICK HERE to sign up for PROPERTYlines



 QUOTES 

+ Read fiction. Fiction is all about people and relationships. This and that cause your mind to expand and productivity wander in ways that are invaluable, but of which you are aware. – Tom Peters

+ Make the hard ones look easy and the easy ones look hard. – Walter Hagen




 KUDOS 

+ to 1886 Buffalo Café, the breakfast-spot favourite that was dislocated by the relocation of their historic building has re-opened in the Sheraton Suites Hotel in Eau Claire




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 THIS WEEK'S HEADLINES


AIMCo deals in UK | Alberta well cleanup | CPR merger progress | CapEx Budgets | CER 2021 Forecast + Western Canadian Place sale + deals + rig counts + upcoming events, appointments + REIT NEWS + ESG reports + financings + quotes + kudos




 Sponsors of this week's issue:

Visit: Levvel.ca
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OUR SERVICES



Visit: https://falkbuilt.com/
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DIGITAL COMPONENT CONSTRUCTION



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

e-mail CalgaryRentals@rohitgroup.com
 
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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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Video Conference:  Booking Calendar
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 LEADERS IN PRIVATE WEALTH MANAGEMENT



Contact Razerlift: sales@razerlift.com 
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AUTOMATED ROOFTOP CARGO



BennettJones.com



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

EXECUTIVE COACHING



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



 INTERESTING TRENDS IN OFFICE REAL ESTATE ...

+ Oak Street Real Estate Capital reported to be acquiring Western Canadian Place from QuadReal for $475.0 million




 INTERESTING TRENDS IN INDUSTRIAL + LOGISTICS REAL ESTATE ...

+ AIMCo acquired two logistics facilities in the UK; UPS and Amazon are tenants – terms not disclosed

+ Exro Technologies Inc. opened a S,E. Calgary manufacturing facility; 37,000 sq. ft.




 this week in REITs + TRUSTS 

+ H&R REIT unitholders approved spin-off of Primaris REIT




 INFRASTRUCTURE + P3 

+ Calgary Cancer Centre 90% complete; construction progress

+ cost of Calgary-Banff rail connection pegged at $1.5 billion by Plenary Americas – partners with Liricon Capital in the proposed project




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ Cenovus Energy released its 2020 ESG Report

+ Pembina Pipeline Corporation 2022 ESG guidance and targets




CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES



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 - 2021 MaxComm Communications. All rights reserved. Domains operated by MaxComm Communications:

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 weekly newsletter

Est. July, 1999

~
Mark Kolke, Publisher

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NEWS SUMMARY 
 Dec. 8~14 / 2021 


+ AIMCo acquired two logistics facilities in the UK; UPS and Amazon are tenants – terms not disclosed

+ Alberta well cleanup program explained by Osler’s paper; and another take by BD&P

+ Canadian Pacific Railway Limited secured shareholder support for its takeover of Kansas City Southern who similiarly got shareholder approval of the deal

+ Cenovus Energy Inc. announced its 2022CapEx Budget is $2.6 billion

+ CER’s Enbridge/Canadian Mainline decision dissected: great article from Osler

+ CER published Canada’s Energy Future 2021 forecast – download full report or executive summary – video presentation by Gitane De Silva

+ ConocoPhillips agreed to sell a portfolio of Indonesian assets for US$1.355 billion

+ COVID-19 in Alberta full current stats  – getting better week by week; 4,182 active cases – 357 in hospital, 68 patients in intensive care, deaths to date from COVID – 3,275 ]

+ Crew Energy Inc. announced its 2022CapEx Budget is $70.0 million

+ Cross Country Infrastructure Services acquired by Cross Country Canada Rental and Supplies

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; this week EIA lowered its crude forecast – prices ticked down a bit; WTI @ US$71/bbl, Brent @ US$74/bbl

+ Enbridge Inc. announced its 2022CapEx Budget is $1.1 billion

+ Government of Canada to require all federal employees and everyone in the federally regulated sector  to comply with COVID-19 vaccination requirements

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

+ H&R REIT unitholders approved the spin-off of Primaris REIT

+ Kaisen Energy Corp. entered CCAA creditor protection; EY is the monitor

+ Oak Street Real Estate Capital reported to be acquiring Western Canadian Place from QuadReal for $475.0 million

+ Petrus Resources Ltd. announced its 2022CapEx Budget is $50.0 million

+ Polar Septic Systems acquired by Centurian Group

+ PROPERTYlines - commercial real estate newsletter; archived Issues  

+ rig activity in Canada

+ rig counts (active/working) – US: up 7 to 576 this week; Canada: down 3 to 177 this week; full breakdown and international rig counts

+ Suncor Energy Inc. announced its 2022CapEx Budget is $4.7 billion

+ THIRD ACTion Film Festival is running a 50/50 draw – info/buy tickets – for a draw on December 22nd; only Alberta residents eligible






THIRD ACTion is focusing attention on - needs, accomplishments and celebration of our older citizens; click here to buy a 50/50 draw (only Alberta residents please). 




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Acerus Pharmaceuticals Corporation secured US$25.0 million credit facility

+ Aegis Brands Inc. secured $28.0 million credit facility

+ Argentina Lithium & Energy Corp. closed $5.967 million equity raise

+ Base Carbon Corp. closed $50.0 million equity raise by private placement

+ Canadian Utilities Limited closed $175.0 million preferred share issue

+ Fineqia International Inc. is on the market to raise $4.0 million in equity by private placement

+ Hardwoods Distribution Inc. closed $100.6 million equity raise

+ Hillcrest Energy Technologies closed $2.885 million first tranche of an equity raise

+ Indigena Capital is on the market to raise $250.0 million for Indigenous Equity Partnership Fund

+ Kiwetinohk Energy Corp. secured $315.0 million credit facility

+ Luxxfolio Holdings Inc. closed $9.534 million equity raise

+ MCAN Mortgage Corporation closed $33.3 million equity raise by a rights offering

+ Morguard REIT closed $150.0 million convertible debt financing

+ Morguard REIT closed $9.0 million over-allotment on its convertible debt financing

+ Pembina Pipeline Corporation closed $1.0 billion in sr. unsecured debt raise

+ Redishred Capital Corp. is on the market to raise $7.5 million in equity

+ Ritchie Bros. Auctioneers Inc. is on the market to raise US$600.0 million in debt

+ Ritchie Bros. Auctioneers Inc. is on the market to raise $425.0 million in debt

+ Redishred Capital Corp. is on the market to raise $7.5 million in equity

+ Rogers Communication Inc. is on the market to raise $2.0 billion in sub. debt by private placement

+ Sagicor Financial Company Ltd. is on the market to raise US$150.0 million in sr. debt

+ Shawcor Ltd. closed $150.0 million unsecured debt raise

+ Sigma Lithium is on the market to raise $85.0 million in equity by private placement

+ Skylight Health Group Inc. closed US$5.775 million preferred share issue

+ Snappy secured $2.0 million financing

+ Surge Energy Inc. completed $280.0 million in financings

+ TD Bank is on the market to raise US$500.0 million in green debt

+ Terra Firma Capital Corporation closed $26.3 million first tranche of TFCC Senior Real Estate Fund II

+ TIMIA Capital Corporation is on the market to raise $1.75 million in equity by private placement

+ Timbercreek Financial Corp. closed $6.0 million overallotment of its recent equity raise

+ Voxtur Analytics Corp. is on the market to raise $15.0 million in equity by private placement

*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 …




 SAVE THE DATE / upcoming events

+ Jan. 14-16; Calgary Renovation Show, BMO Centre, Stampede Park; info/times/tickets

+ Feb. 3; Business Transitions Forum, Westin Hotel, Calgary; info/register

+ Feb. 17-18; Canadian Concrete Expo, International Centre, Mississauga, ON; save the date

+ Mar. 1; RealCapital conference, Toronto Convention Centre; info/register

+ Mar. 30; IoT North Conference and Exhibition, BMO Centre, Stampede Park, in-person/virtual; info/registration

+ 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 Mountain Lodge, Kananaskis; info/partner/call for presenters

+ April 20; Top Glass, Conference and Exhibits 2022, The International Centre, Mississauga, ON; info/register

+ May 4-6; NORTH51 Conference - RECOMBINATION, Rimrock Hotel, Banff; info/register

+ May 26; Top 7 Over 70 awards gala, Hyatt Regency, Calgary; info/tickets

+ June 6-9; Canadian Gas Association, Annual Technical Conference 2022 – Find Your Energy!; Toronto Sheraton, Toronto; info/register

+ June 7-9; Global Energy Show, Stampede Park, Calgary; awards nomination, info/registration

+ June 13-15; NeoCon 2022, The Mart, Chicago, info/save the date/register – call for presentations deadline Jan. 17

2023

+ Sept. 17-21; 24th World Petroleum Congress – Energy Transition – the path to Net Zero, info/sponsorship/registration

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


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