FACILITYCalgary

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FACILITYCalgary May 6/25

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 THIS WEEK - NEWS SUMMARY 

  November 27 ~ December 3, 2024 


 
 QUOTES 

+ commenting on its recent acquisition transactions: “Aspen is very optimistic about the future of this city and province. We want to invest in our community and we believe this is an excellent time to do that.” - R. Scott Hutcheson, Chairman, Aspen Properties Ltd.

+ You can lose yourself one small compromise at a time. You can transform yourself one small win at a time. - James Clear




 
 KUDOS 

+ to Harvey Thal, co-founder and Chairman @ Royop Properties Corp. - given a REX - Lifetime Achievement Award by NAIOP Calgary




 
 
 
- 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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BennettJones.com

 


 
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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  


+ a . a . a. ~ could I have your attention please?  It’s Giving Tuesday today – please give a little, or give a lot, give to your favourite cause – and if you could, please share your vision and some generous support to iGIFTsight  - https://igiftsight.ca/donate

+ Aspen Properties and Timbercreek Alternatives LP – their JV closed it’s acquisition of 1 Palliser Square – in-progress conversion from office to residential – 418-doors

+ Aspen Properties acquired the 90% interest of its institutional partner in a 9-property portfolio / 2,575,000 sq. ft.

+ ATB Financial closed its acquisition of BCV Asset Management Inc. ($5.8 billion book)

+ ATCO EnPower and CPKC completed two hydrogen production & refuelling stations

+ Canada Post strike continues; mediation efforts seem to be failing ...

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~  WTI @ US$68/bbl; Brent @ US$72/bbl ~ middle-east cease-fire volatility has markets nervous

+ fire season 2024 is nearing over; 8 fires remain active in Alberta – all are ‘under control’

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

+ Government of Alberta - announced actions/threatened actions: taking Ottawa to court of impact assessment law

+ Highwood Asset Management Ltd. announced its 2025CapExBudget is $60.0 million

+ Mayoralty/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 still rumored to be running – Sonya Sharp, Dan McLean so far … - parties are lining up candidates: A Better Calgary Party, The Calgary Party

+ Melcor REIT re-org facing critical feedback after its revised going private deal proposal

+ MONDAY MORNING MINUTE - a weekly inspiration message and a selected quote in your inbox weekly; check out the new format; click here to sign up ;  click here for this week’s posting

+ 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: down 1 to 582 this week; Canada: up 4 to 205 this week

+ today is the International Day of Persons with Disabilities

+ WELL Health Technologies Corp. closed its acquisition of Jack Nathan Health’s Canadian assets, and will operate clinics within Wal-Mart stores

+ 2025 – market outlook publications from: IG Wealth Management, PWC Canada




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SHAKERS AND MOVERS 
appointments and disappointments 

+ Anne Corona to CEO Enterprise Clients and Global COO @ AON Plc

+ Annesley Wallace to Pres. & COO @ Healthcare of Ontario Pension Plan (HOOPP)

+ Brent Johnston to CEO @ Xplore Inc.

+ Chris Les to COO @ Delta Water Group

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

+ Carlos Tavares, CEO @ Stellantis, stepped down

+ Federico Zeni to Interim CFO @ Toronto Hydro Corporation

+ Neil Fawcett to Head of Faculty @ Real Estate Institute of Canada

+ Pat Gelsinger, CEO @ Intel, resigned

+ Patrick Nolan to Pres. & CEO @ Oakcreek Golf & Turf LP

+ Patrick Rea to General Counsel @ Bridgewater Bank

+ Richard Pootmans, Ward 6 Councillor @ City of Calgary, resigned

+ Susan Hahn to Gen. Mgr @ Teknion Solutions Woodword

+ Tavis Plaited Hair to Chief @ Kanai Nation

~ 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 

+ Clarence Hookenson; retired lawyer, business adventurer/advisor; 74

+ Wendy Carter; outstanding Alberta/Canadian badminton champion, hall-of-famer; 68




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Aspen Properties and Timbercreek Alternatives LP closed a $21.6 million equity financing by private placement

+ Enterprise Group Inc. is on the market to raise $20.0 million in equity

+ Colliers International Group Inc. secured a US$2.25 billion credit facility

+ Healthkind raised $1.26 million in funding

+ Hydro-Quebec closed a $500.0 million debt raise

+ iA Finacincial Group is on the market to raise $400.0 million in unsecured sub debt

+ Kane Biotech Inc. is on the market to raise $3.0 million equity raise by private placement

+ KisoJi Biotechnology Inc. completed a $41.0 million equity raise

+ Liberty Defense Holdings Ltd. is on the market to raise $8.0 million in equity by private placement

+ Logan Energy Corp. is on the market to raise $45.0 million in equity by private placement

+ Lombard Street Capital Corp. completed a $3.0 million equity raise by IPO

+ Rakovina Therapeutics Inc. is on the market to raise $3.0 million in equity by private placement

+ Simply Better Brands Corp. secured a US$10.0 million credit facility

+ VitalHub Corp. secured a $65.0 million credit facility




 HR Resource + Workplace Trends + HSE 

+ the workplace as a service – Gensler’s outlook for 2025

+ Canadians with disabilities are underemployed and experience ‘ableism’ in the workplace; KMPG report

+ chicken? egg? … design for hybrid work and innovation depends on it, but which comes first?




 TECHNOLOGY / AI Trends 

+ more than half of Canadian workforce us AI

+ ChatGPT has it’s 2nd birthday – ChatGPT vs. everybody




 RISK 

+ North American companies are under-insured against profit-threat risk

+ pressures mounting on residential building construction insurance

+ cybersecurity risks related to using generative artificial intelligence




 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ ATCO EnPower and CPKC completed two hydrogen production & refuelling stations

+ EY on EV – shifting gears report

+ Deloitte report – greenest power is a marathon, not a sprint

+ plastics solution talks stalled ...




 CONSTRUCTION - BUILDING SERVICES 

+ GDI Integrated Facility Services Inc. sold it’s Ainsworth Power Construction business unit to Aecon Utility Group’s Tristar Electrical Inc.




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ Deloitte Canada – 2024 Impact Report




 REITs + TRUST NEWS 

+ Allied Properties REIT closed the sale of four non-core properties (Montreal (3) and Toronto); schedule to close sale of three properties (TELUS Sky re-org/Calgary, The Chambers/Ottawa, and 810 Saint-Antoine /Montreal for $156 million)

+ Killam Apartment REIT completed its corporate reorg arrangement

+ Melcor REIT re-org facing critical feedback after its revised going private deal proposal

+ 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: RETAIL 

+ WELL Health Technologies Corp. closed its acquisition of Jack Nathan Health’s Canadian assets, and will operate clinics within Wal-Mart stores




 INTERESTING TRENDS: MULTI-RES 

+ Aspen Properties and Timbercreek Alternatives LP – their JV closed it’s acquisition of 1 Palliser Square – in-progress conversion from office to residential - 418-doors




 INTERESTING TRENDS: OFFICE 

+ Aspen Properties acquired the 90% interest of its institutional partner in a 9-property portfolio / 2,575,000 sq. ft. 




  SHAREHOLDER / INVESTOR MEETINGS 

+ Dec. 6; Liberty Defense Holdings Ltd., Annual General Meeting; virtual

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

+ 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. 4-5; Real Estate Forum, Metro Toronto Convention Centre; Toronto; register

+ 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

+ 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 ]


                                                                

 
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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