FACILITYCalgary

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

FACILITYCalgary May 6/25

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 THIS WEEK - NEWS SUMMARY 

  December 25 ~ 31, 2024 


                                                                                                

 QUOTES 

+ You can’t make a comeback if you don’t start. - James Clear

+ In my whole life I've never been good at something I wasn't very interested in. It just doesn't work. There's no substitute for strong interest. - Charlie Munger




 KUDOS 

+ to Canadian Pacific Kansas City – it’s holiday train raised $1.75 million and collected more than 130,000 pounds of food




- 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

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Visit: https://falkbuilt.com/
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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  


+ current energy prices; live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~  WTI @ US$71/bbl; Brent @ US$74/bbl ~ some life in price expected on China stimulus optimism while natural gas prices might soften on warmer weather trends

+ fire season 2024 is over – but, 6 fires still active but ‘under control’; 1,224g fires extinguished

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

+ Governor General Simon’s New Year’s Message

+ 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

+ Payfare Inc. agreed to be acquired by Fiserv

+ 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 71 to 95 this week

+ Scotiabank completed it’s acquisition of KeyCorp with an investment of a further US$2.0 billion

+ Sycamore Partners and RONA Inc. acquired All-Fab Group

+ Waterous Energy Fund Management Corp. acquired shares of Greenfire Resources Ltd. to now hold 56.5%




 
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SHAKERS AND MOVERS 
appointments and disappointments 

+ Aleem Fidai to Director @ SKRR Exploration Inc.

+ Anand Pye, CEO @ NAIOP Edmonton, resigned

+ Ashley Yantzi to Pres. & CEO @ Bennington Financial Corp.

+ Bill Ciprick to CEO @ Education Canada Group

+ Bryson Goodwin to Director @ SKRR Exploration Inc.

+ Chad Griffin to CEO @ League Data Ltd.

+ Christine Healy to Pres. & CEO @ Northland Power Inc.

+ Darlene Reid to Chair @ Realtors Association of Edmonton

+ Dasha Enenko to Interim CFO @ EMERGE Commerce Ltd.

+ Grace Lee Reynolds to Interim CEO @ MaRS Discovery District

+ Maura Cowan to VP Marketing @ Corby Spirit and Wine Limited

+ Michael Bumby to CFO @ XORTX Therapeutics Inc.

+ Pasquale Deon Sr. to Director @ Quarterhill Inc.

+ Saleem Sarwar to Director @ Bocana Resources Corp.

+ Troy Stephens to Pres. @ Jetport

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 

+ Dianne Kipnes; Edmonton psychologist and philanthropist; 81

+ Elmer Brooker; founder of EBA Engineering and community leader; 93




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Africa Energy Corp. is on the market to raise US$13.75 million in equity

+ Clear Blue Technologies is on the market to raise $2.0 million in equity by private placement

+ Firefly Neuroscience closed a $12.4 million sr. secured convertible debt raise

+ Graphite One Inc. closed a $3.09 million equity raise

+ Graphite One Inc. closed a $1.69 million equity raise by private placement

+ Healwell AI Inc. is on the market to raise $55.0 million in convertible debt

+ Innergex Renewable Energy Inc. closed a $199.0 million debt financing

+ Kuber Mortgage Investment Corporation secured $100.0 million credit facility

+ Light AI Inc. closed a $16.086 million equity raise

+ LSL Pharma Group Inc. raised $5.0 million in new debt

+ NetraMark Holdings Inc. closed a $1.161 million equity raise from a warrant’s issue

+ PharmAla Biotech Holdings Inc. closed a $1.56 million equity raise by private placement

+ Profound Medical Corp. closed a US$40.25 million equity raise

+ Serverfarm secured a $1.637 billion credit facility

+ SpinaFX Medical Inc. closed a $5.3 million funding

+ VersaBank closed a US$11.25 million overallottment of its recent equity raise

+ VitalHub is on the market to raise $50.0 million in equity




 HR Resource + Workplace Trends + HSE 

+ HR trends for 2025

+ the future for amenities

+ what’s in store for office furnishings




 TECHNOLOGY / AI Trends 

+ Deloitte published its 2024 Technology Fast 500 winners

+ Government of Canada signs $134.0 million contract with SAS for data and AI modernization




 RISK 

+ Canadian Employer medical costs to spike 7.4% in 2025 – Aon report

+ Gore Mutual and Co-operators are partnering in a Climate and Equity Lab




 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ an Edmonton airport solar farm project has been long-stalled; the $169.0 project is now expected to be complete by by end of 2025




 CONSTRUCTION - BUILDING SERVICES 

+ Sycamore Partners and RONA Inc. acquired All-Fab Group




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ Canadian Pension Managers supporting CSSB Standards




  INFRASTRUCTURE + P3 

+ Infrastructure BC 2024 year-end statement from Pres. & CEO




 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




 INTERESTING TRENDS: MULTI-RES 

+ Leston Holdings Ltd. acquired the David Thompson building in Edmonton




  SHAREHOLDER / INVESTOR MEETINGS 

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

+ Jan. 8; Nova Leap Health Corp., Special Meeting of Shareholders, Halifax

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

+ Jan. 9; Cogeco Inc., Shareholders Meeting, Montreal

+ Jan. 10; Sernova Corp., Annual General and Special Meeting of Shareholders, London, ON

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

+ Jan. 23; BriaPro Therapeutics Corp., Annual General Meeting, Vancouver

+ Jan. 28; Metro Inc., Annual General Meeting, Montreal

+ Feb. 4; Chorus Aviation Inc., Special Meeting of Shareholders, Halifax

~ 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 

+ 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 ]


 
                                                                

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.


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this site last updated May 6, 2025