+ Bank of Canada interest rate announcement; a 1/2 point drop ; financial institutions reduced rates: BMO, CIBC, Desjardins Group, Equitable Bank, Laurentian, National, RBC, Scotiabank, TD Group,
+ Bearspaw First Nation acquiring site near Calaway Park for development purposes
+ Bonterra Energy Corp. announced its 2025CapExBudget is $65.0 million
+ Canada Post to restart operations on December 17; labour board ruling
+ Cenovus Energy Inc. announced its 2025CapExBudget is $4.6 billion
+ current energy prices; live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~ WTI @ US$70/bbl; Brent @ US$73/bbl ~ prices softened as OPEC+ production cuts and middle east uncertainty and US crude output hit a record last week …
+ Dye & Dunham Limited board resigned, appoints nominees of Engine Capital; annual meeting today is a go!
+ fire season 2024 is over – but, 6 fires remain active in Alberta – all ‘under control’ – with 1,223 fires extinguished
+ FACILITYCalgary, a sponsor-supported FREE weekly newsletter; ‘send time’ is early every Tuesday
+ Freehold Royalties Ltd. closed its $259.0 million acquisition of Midland basin assets
+ Frontera Energy Corporation announced its 2025CapExBudget is $200.0 milion
+ Government of Alberta’s ‘new GreenLine map and plan’ have been revealed, to much criticism of this not being a good or economical fix; instead of a tunnel downtown, a re-routing and elevated train with questionable levels of detail ...
+ Government of Alberta announced new regulations for renewable energy policy objections; Osler report
+ Government of Canada’s fall fiscal update delivered by Finance Minister Freeland showing a deficit of $61.9 billion, following which the Finance Minister resigned over differences of view with the Prime Minister over dealing with U.S. Tariff threats
+ Government of Canada; Freeland resigned, Dominic Leblanc to Finance Minister; opposition leaders and a number of Liberal MP’s calling for Prime Minister Trudeau to resign ... tic toc
+ Government of Canada’s GST relief program became effective Dec. 14Th; details
+ Healwell AI Inc. agreed to acquire Orion Health Holdings Limited for $144.0 million
+ Kiwetinohk Energy Corp. announced its 2025CapExBudget is $290.0 million
+ Logan Energy Corp. closed its $52.0 million Montney assets acquisition
+ 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 ‘city parties’ are lining up candidates: A Better Calgary Party, The Calgary Party, and 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
+ Pembina Pipeline Corporation announced its 2025CapExBudget is $1.1 billion
+ Razor Energy Corp. completed its CCAA sale to Texcal Energy Canada Inc.
+ 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: steady at 589 this week; Canada: down 3 to 191 this week
+ Scotia Place arena details released; development permit approved and some drawings released
+ Secure Energy Services Inc. announced its 2025CapExBudget is $75.0 million
+ The ELNA Group sought CCAA creditor protection; Raymond Chabot Inc. to be monitor
+ Vitesse Energy Inc. agreed to acquire 100% of Lucero Energy Corp. in an all stock transaction valued at US$222.0 million
