FACILITYCalgary

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

FACILITYCalgary May 13/25

ARCHIVED ISSUES

CONVERSATIONS

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SHAKERS AND MOVERS 
appointments and disappointments 

+ Adrian Benoit to Partner @ GEC Architecture

+ Bruno Carbonara to CEO @ Velan Inc.

+ Carla Jones to Assistant Director, Communications @ Alberta Environment

+ Chris Hadfield to Director @ Bioharvest Sciences Inc.

+ Christine Cruz-Clarke to CEO @ Balzac’s Coffee Roasters

+ Darren Finnbogason to Bus. Dev. Mgr. @ Maple Reinders Group

+ David Aisenstat, Vice-Chair @ Recipe Unlimited Corp., retiring

+ David Cohen to U.S. Ambassador to Canada @ U.S. State Department

+ David Sharma to Director @ Swarmio Media Holdings Inc.

+ Debbie Jackson to Exec. Assistant @ Lions Den Capital Corp.

+ Dr. Marie Delorme to Director @ Premium Brands Holdings Corporation

+ Eric Dupont to CTO @ Premier Health of America Inc.

+ Erin Crowe, CFO @ Martello Technologies, stepping down

+ George Przyblylowksi, VP Real Estate @ Informa Canada, retiring

+ George Reznik to Director @ Katipult Technology Corp.

+ Gillian Carr to Partner @ GEC Architecture

+ Hugh Cumming to Chief Technical Officer @ Vena

+ James Kinley to CFO @ Algernon Pharmaceuticals Inc.

+ Jamie Coulter to CEO @ Raymond James Ltd.

+ Jason Gibbs to Co-head of the Equity Income Team @ Scotia Global Asset Management

+ John Maniawski to Pres., Green Energy Div. @ Kiwetinohk Energy Corp.

+ John Raines to Pres. @ TELUS Agriculture

+ Kathryn Fric to Chief Risk Officer @ Ontario Teachers’ Pension Plan

+ Kevin Laird to Director of Sales, Canada @ ZS2

+ Laura Schwinghammer to Manager, Talent Acquisition @ VMware

+ Luke Magdy to Gen. Mgr. Chisholm Industries Ltd.

+ Karen Porteous to Controller @ GWL Realty Advisors

+ Kathryn Borgatti to Sr. VP and General Counsel @ The Great Gulf Group

+ Marcel Tietze to Buyer @ TransAlta

+ Mark Stables to Gen. Mgr. Operations @ Matco Moving Solutions

+ Neil McDonnell to Director @ Freshlocal Solutions Inc.

+ Patrick Mosca to Director of Construction @ Minto Group

+ Paul Allison to Exec. Chairman @ Raymond James Ltd.

+ Peter Montano to VP, Projects @ B2Gold Corp.

+ Randall Graham to Creative Director @ District Ventures Plus

+ Richard Blouin to Partner @ GEC Architecture

+ Roger Depatie, to Pres. & COO, Home Business @ Rogers Communications

+ Ruth Klinkhammer to Communications Director @ Canada West Foundation

+ Scott Hartley to COO @ Arcane

+ Stephen Haifawi to Pres. @ Hoya Vision Care, Canada

+ Susan Hughson, Executive Director @ ASIRT, resigned

+ Tony Mammone to VP Client Relations/Sustainable Solutions @ Mass Timber Services Ltd.

+ Tom Holloway to Chief Accounting Officer @ Shawcor

+ Tony Smith, VP Bus. Dev. @ Carbon Copy Digital, sold his interest and is leaving the company

+ Vikram Rajagopalan to Exec. Managing Dir., Global Head of Capital Raising @ Trez Capital

~ 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 ]




 MEMORIAM 

+ Beth Diamond; public relations executive extraordinary, 67

+ Brian Hesje; FCPA; former Director and Board Chairman @ ATB, philanthropist




 HUMAN RESOURCES + WORKPLACE TRENDS 

+ dealing with anti-vaxxers in the workplace

+ office parties – really?




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

speaking tips (90 x 1 minute each)

 
CONTACT MARK KOLKE 
 KEYNOTE SPEAKER AND WORKSHOP LEADER



 SHAREHOLDER MEETINGS

+ Dec. 8: Canadian Pacific Railway Limited, Special Meeting of Shareholders, virtual-only

+ Dec. 13; H&R REIT, Special Meeting of Unitholders, virtual-only

+ 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 

+ Ontario Teachers’ Pension Plan Board agreed to acquire 50% interest in a wind portfolio from NextEra Energy (2,520MW/13 sites) for US$849.0 million




  GLOSSARY + ABBREVIATIONS + ACRONYMS 

CLICK HERE FOR FULL GLOSSARY  




 CONSTRUCTION NEWS + BUILDING SERVICES INNOVATIONS 

+ CIMA+ acquired Bogdanov Pao Associates

+ Ecometrix acquired Calder Engineering

+ Graham Group agreed to acquire North American assets of AECOM’s Energy Operations and Maintenance unit




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). 




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 THIS WEEK'S HEADLINES


ATCO troubles | Cenovus dispositions + deals + rig counts + upcoming events, appointments + ESG reports + financings




 Sponsors of this week's issue:

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

EXECUTIVE COACHING



Visit: Levvel.ca
~
E-mail: connect@levvel.ca
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OUR SERVICES



Visit: https://falkbuilt.com/
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E-mail: thom.hinton@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
 
NEW RENTAL HOUSING



e-mail Kevin Phone
 
OFFICE MOVERS



Request a consult
~
Visit: https://www.moodystax.com
~
E-mail: kmoody@moodystax.com
~
OUR SERVICES

TAX LAWYERS


TAX ACCOUNTANTS



Contact Zelos for a free consultation today
~
Visit:  www.zelosglobal.com
~
Video Conference:  Booking Calendar
~
E-mail: kareen@zelosglobal.com

 LEADERS IN PRIVATE WEALTH MANAGEMENT



Contact Razerlift: sales@razerlift.com 
https://razerlift.com/

AUTOMATED ROOFTOP CARGO



BennettJones.com



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



 INTERESTING TRENDS IN OFFICE REAL ESTATE ...

+ workplace trends – the new receptionist

+ workplace trends – multifaceted outdoor workspaces

+ workplace trends – strategies for smarter space planning




 INFRASTRUCTURE + P3 

+ Ontario Teachers’ Pension Plan Board agreed to acquire 50% interest in a wind portfolio from NextEra Energy (2,520MW/13 sites) for US$849.0 million

+ TransAlta Renewables Inc. announced its 206.4 MW Windrise wind facility commenced commercial operation




 CORPORTE RESPONSIBILITY + ESG REPORTS 

+ Tamarack Valley Energy Ltd. published its 2021 Sustainability Report



 QUOTES 

+ The secret of getting ahead is getting started. – Mark Twain

+ Hustlers don’t sleep, they nap. – unknown 




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:

http://calgaryofficespace.com

http://facilitycalgary.com

http://markmusing.com


 weekly newsletter

Est. July, 1999

~
Mark Kolke, Publisher

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NEWS SUMMARY 
 Dec. 1~ 7 / 2021 


+ Advantage Energy Ltd. announced its 2022CapEx Budget is $75.0 million

+ Alberta crude oil production hit a record in October – 119 million barrels/3.84 million bpd

+ ATCO Energy Solutions acquired 100% of Alberta Hub natural gas storage facility

+ ATCO Ltd. and Canadian Utilities Limited mea culpa – they are promising fixes ; AUC investigating

+ Athabasca Oil Corporation announced its 2022CapEx Budget is $128.0 million

+ AutoCanada Inc. closed its acquisition of an 11-dealership portfolio from Autopoint Group for $345.0 million

+ Baytex Energy Corp. announced its 2022CapEx Budget is $2.1 billion

+ Cenovus Energy announced deals to dispose of assets for $660.0 million; Montney assets and Husky service station portfolio

+ ConocoPhillips announced its 2022CapEx Budget is US$7.2 billion

+ COVID-19 in Alberta full current stats – Omicron variant watch continues; [ 4,374 active cases – 366 in hospital, 72 patients in intensive care, deaths to date from COVID – 3,263] – booster (3rd doses) now available to over 60; QR codes now required to replace paper vaccination records – click here to get the app

+ Crescent Point Energy Corp. announced its 2022CapEx Budget is $825.0 million

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; crude had an OK weekon the heels of a Saudi price hike – WTI @ US$70/bbl, Brent @$73/bbl

+ CWC Energy Services Corp. announced its 2022CapEx Budget is $9.9 million

+ Dye & Durham Limited acquired TELUS Financial Solutions unit for $500.0 million

+ Exxon Mobil announced its 2022CapEx Budget is US$20.0 billion

+ Federated Co-operatives Limited agreed to acquire 181 Husky retail fuel sites from Cenovus Energy Inc. for $264.0 million

+ Gibson Energy Inc. announced its 2022CapEx Budget is $150.0 million

+ GOC – response to throne speech; comments courtesy of Business Council of Alberta

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

+ InPlay Oil Corp. and Prairie Storm Resources Corp. completed their combination; will operate as InPlay Oil Corp.

+ MEG Energy Corp. announced its 2022CapEx Budget is $375.0 million

+ Ontario Teachers’ Pension Plan Board agreed to acquire 50% interest in a wind portfolio from NextEra Energy (2,520MW/13 sites) for US$849.0 million

+ Parkland Corporation agreed to acquire a portfolio of 156 retail locations from Cenovus Energy for $156.0 million

+ PrairieSky Royalty agreed to acquire the Western Canadian royalty assets of Heritage Royalty for $728.0 million

+ PROPERTYlines;  – monthly commercial real estate; archived Issues  

+ rig activity in Canada

+ rig counts (active/working) – US: steady at 569 this week; Canada: up 9 to 180 this week; full breakdown and international rig counts

+ Shell Enterprises LLC closed the sale of its Permian assets to ConocoPhillips for US$9.5 billion

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

+ Trans Mountain pipeline restarted after its storm-related shutdown

+ West Fraser Timber Co. Ltd. closed its acquisition of OSB mill at Allendale, SC

+ Yangarra Resources Ltd. announced its 2022CapEx Budget is $105.0 million




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

+ Boralex secured $525.0 million revolving credit facility

+ Chemtrade Logistics Income Fund is on the market to raise $120.0 million in convertible debt

+ Emergia Inc. closed $2.0 million 2nd tranche of a convertible debt raise by private placement

+ Exchange Income Corporation closed $115.0 million debt financing

+ Freshlocal Solutions Inc. closed $13.9 million equity raise by private placement

+ Manulife Investment Management closed its US4.65 billion infrastructure fund equity raise

+ mCloud Technologies Corp. closed US$1.417 million overallotment of its recent equity raise

+ METRO Inc. closed $300.0 million sr. unsecured debt financing

+ NexLiving Communities Inc. closed $3.45 million tranche of an equity financing by private placement

+ Obsidian Energy Ltd. secured $260.0 million credit facility

+ Prophecy DeFi Inc. is on the market to raise $10.0 million in convertible debt

+ Ritchie Bros. Auctioneers Incorporated is on the market to raise $935.0 million in sr. unsecured debt

+ Shawcor Ltd. is on the market to raise $150.0 million in sr. unsecured debt

+ Skylight Health Group Inc. is on the market to raise US$5.8 million preferred share issue

+ Starlight Western Canada Multi-Family (No.2) Fund is on the market to raise $100.0 million in equity by IPO

+ Tetra Bio-Pharma Inc. is on the market to raise $13.0 million in equity

+ Third Eye Asset Management Inc. closed $225.0 million tranche of an equity raise

+ Timbercreek Financial Corp. closed $40.0 million convertible debt financing

+ Topaz Energy Corp. secured $700.0 million credit facility

+ TransAlta Renewables is on the market to raise $173.0 million in debt

+ Wondr Gaming Corp. is on the market to raise $10.0 million in equity

*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

+ Dec. 6-9; World Petroleum Congress, Houston; info/registration

2022

+ 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. 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 Moutain Lodge, Kananaskis; info/partner/call for presenters

+ 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

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 13, 2025