+ Aaron Sun, Director @ Canada ICI Capital, resigned

+ Aidan Mills to Director @ Northstar Clean Technologies Inc.

+ Alexis von Hoensbroech to CEO @ WestJet Group

+ Andrew Harrison to Sr. Director, Leasing @ Taza Development Corp.

+ Christopher Voutsinas to Director @ Terra Firma Capital Corporation

+ Don Doctoroff, CEO @ Sidewalk Labs, stepping down

+ Darren Ready to CFO @ Portable Electric Ltd.

+ Dominic Barton to Chairman Rio Tinto

+ George Armoyan to Interim CEO @ Calfrac Well Services Ltd.

+ JP Gladu to Director @ Institute of Corporate Directors

+ Kevin Canario to CFO @ Baselode Energy Corp.

+ Marvin Pestcoe to Director @ Minerva Intelligence Inc.

+ Maureen Killoran to Co-Chair @ Osler, Hoskin, Harcourt LLP

+ Peter Weichier to Director @ Marksmen Energy Inc.

+ Ron Mathison to Chairman @ Calfrac Well Services Ltd.

+ Russell Bowers, Host of Daybreak @ CBC Radio, retired

+ Sean Ingraham to VP, Community Development @ FirstService Residential BC

+ Simon Cairns to CEO @ Freshlocal Solutions Inc.

+ Thecla Sweeney to Director @ Restaurant Brands International Inc.

+ Tomer Cohen to Director @ Bonavista Energy Corporation

+ Tracey Abbott to Bus. Dev. Mgr. @ Cisco Systems

~ 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 ]

+ Omicron surge: guide for new COVID-19 restrictions

+ retention challenges – what’s in the cards for 2022?

+ summer jobs, 100,000 jobs – Canada Summer Jobs; employers can now apply

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

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

+ Shell New Energies US LLC acquired solar/storage developer Savion LLC from Macquarie Green Investment Group; terms not disclosed

+ mass timber trends; DIALOG patent, George Brown college 10-storey project

+ unmanned and automated construction trends – Consumer Electronics Show in January

+ I believe that the greatest gift you can give your family and the world is a healthy you. – Joyce Meyer

+ Be careful about reading health books. You may die of a misprint. – Mark Twain

+ SkipTheDishes is rolling a nation-wide express lane – 1,500 item menu of products you’d normally find at a convenience store; we’ll have to see if this is a revolutionary development or more reminiscent of the WebVan failure way back when … tic toc

FACILITYCalgary FREE

Alberta carbon capture proposal call | BMO/Harris Bank acquisition | CPR closed its KCS merger | Canfor acquiring Millar Western | Cenovus sold Tucker project | COVID-19 stats + deals + rig counts + upcoming events, appointments + REIT NEWS + ESG reports + financings + quotes + kudos

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

FACILITYCalgary FREE

+ Alberta government call for project proposals for carbon capture – get the full story in this paper from Osler

+ AltaGas Ltd. announced its 2020CapEx Budget is $995.0 million

+ BMO/Harris Bank agreed to acquire Bank of the West for US$16.3 billion from BNP Paribas

+ Bonterra Energy Corp. announced its 2020CapEx Budget is $55.0 million

+ Brookfield Real Estate Finance Fund VI closed $4.0 billion capital raise

+ Canadian Pacific Railway Limited completed its US$31.0 million acquisition of Kansas City Southern

+ Canfor Corporation agreed to acquire Millar Western Forest Products Ltd. for $420.0 million

+ Cenovus Energy agreed to sell its Tucker thermal oilsands project for $800.0 million to Strathcona Resources Ltd.

+ COVID-19 in Alberta full current stats  - OMICRON variant is surging; 5,652 active cases – 324  in hospital, 69 patients in intensive care, deaths to date from COVID – 3,292 ]

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; some price volatility as Omicron variant causing concern worldwide and supply topping demand is tempering prices; crude prices have softened as traders factor in Omicron-variant concerns, and meanwhile natural gas prices remain strong; Brent @ US$71/bbl, WTI @ US$68/bbl

+ Frontera Energy Corporation agreed to acquire Petroleos Sud Americanos S.A.

+ Gibson Energy Inc. and US Development Group’s JV ‘DRUbit by Rail’ at Hardisty is now operational

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

+ Imperial Oil Ltd. announced its 2022CapEx Budget is $1.4 billion

+ i3 Energry PLC announced its 2022CapEx Budget is US$47.0 million

+ Parkland Corporation ramping up production at its Burnaby refinery

+ PrairieSky Royalty Ltd. closed its $728.0 million acquisition of a royalty assets portfolio from Heritage Royalty

+ PROPERTYlines - commercial real estate newsletter; archived Issues  

+ rig activity in Canada

+ rig counts (active/working) – US: up 3 to 579 this week; Canada: down 10 to 167 this week; full breakdown and international rig counts

+ Shawcor Ltd. sold its inspection services unit for $11.5 million

+ Shell New Energies US LLC acquired solar/storage developer Savion LLC from Macquarie Green Investment Group; terms not disclosed

+ Storm Resources Litd. Closed its transaction/plan of arrangement; acquired by Canadian Natural Resources Limited

+ Tamarack Valley Energy Ltd. agreed to acquire Crestwynd Exploration Ltd. for $184.7 million

+ The Riverside Company closed its acquisition of PFB Corporation

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

+ U.S. Energy Information Administration published its International Energy Outlook 2021

+ Wolverine Energy and Infrastructure Inc. closed its $11.25 million acquisition of environmental clearing assets

+ Accord Financial Corp. secured $100.0 million credit facility

+ Chemtrade Logistics Income Fund closed $120.0 million convertible debt raise

+ Cognetivity Neurosciences Ltd. is on the market to raise $3.0 million in equity by private placement

+ eLeapPower closed $21.0 million venture capital raise

+ Electryon Power Inc. closed $3.1 million equity raise by private placement

+ Forum Equity Partners closed $125.0 million capital raise

+ Genesis Land Development Corp. closed $30.0 million equity raise by a rights offering

+ High Arctic Energy Services Inc. closed $8.1 million secured debt financing

+ Hillcrest Energy Technologies closed $3.63 million equity raise by public placement

+ NowVertical Group Inc. closed $10.35 million equity raise

+ PrairieSky Royalty Ltd. secured a $725.0 million unsecured revolving credit facility

+ PrairieSky Royalty Ltd. closed $230.1 million equity raise

+ Sagicor Financial Company Ltd. closed US$150.0 million sr. unsecured debt financing

+ Sigma Lithium Corporation is on the market to raise $136.7 million in equity by private placement

+ Slate Office REIT closed $9.2 million overallottment of its recent debt raise

+ Tenaz Energy Corp. closed $1.8 million equity raise by a rights offering

+ Vosker Canada closed $100.0 million debt financing

*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 …

2022

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

+ Feb. 2-3; 5^th Annual ECO Impact, Hyatt Regency, Calgary; in-person/virtual; info/register

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

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

+ Feb. 25; Noreen Music’s book launch and workshop – The Unexpected Entrepreneur, info/register

+ 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. 12; Vancouver Real Estate Forum, Vancouver Convention Centre; info/register/save the date

+ 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; 24^th 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 ]