COMING SOON: Watch for upcoming interviews - Noreen Music, Laura Newcombe, Mitzi Murray, Brian Keating, and many more!

+ Alice Laberge, Director @ Royal Bank of Canada, retired

+ Alistair McKnight to Operations Mgr. @ PCL Construction

+ Becky Finley to Chief Brand and People Officer @ Colliers International Group Inc.

+ Blaine Maciborsky, VP, Southern Alberta @ PCL Construction, retiring

+ Catherine Warren to CEO @ Innovate Edmonton

+ Chris White to Western Canada Sales Mgr. @ RYU Apparel Inc.

+ David Taylor, Pres. & CEO @ Parex Resources Inc., retired

+ David Delaney to CEO @ Itafos

+ David Leith to Director @ RF Capital Group Inc.

+ Dean Connor, Pres. & CEO @ Sun Life Financial Inc., retiring

+ Dr. Barry McLellan to Senior Medical Officer @ Spectrum Health Care

+ Dr. Jared Davis to Pres. @ Providence Therapeutics

+ Eric Morisset to Chief Development Officer @ TC Transcontinental

+ Gardner Green to Sr. VP Dedicated Sales, North America @ Day & Ross Inc.

+ Gord Alexander to Architectural Technologist @ Andison Residential Design

+ Harout Chitlian to VP Corporate Affairs, Development and Strategy, CDPQ Infra @  Caisse de dépôt et placement du Québec 

+ Imad Mohsen to Pres. & CEO @ Parex Resources Inc.

+ Jean-Marc Arbaud to CEO, CDPQ Infra @  Caisse de dépôt et placement du Québec 

+ Jennifer Dooley to Sr. Strategist in Sustainability Communications @ Radicle

+ Jennifer Hamilton to Client Liaison @ Aspen Creek Designer Homes

+ Joe McFarland to Media Relations and Communications, Schulich School of Engineering @ University of Calgary

+ John Giere to Pres. & CEO @ Optiva Inc.

+ Jordy Chilcott to Exec. VP Wealth Strategy @ Wellington-Altus Private Wealth

+ Kam Sandhar to Director @ Headwater Exploration Inc.

+ Karan Khiani to VP Solutions Engineering @ Katipult Technology Corp.

+ Katharine Stevenson to Board Chair @ CIBC

+ Kelsey Ramsden to Pres. & CEO @ Mind Cure Health Inc.

+ Kevin Strain to President @ Sun Life Financial Inc.

+ Kim Cusimano to Sr. Mgr., Americas Corporate Affairs @ Sasol

+ Macky Tall to Co-Chairman, Infrastructure Group @ Carlyle Group

+ Martin Laguerre to Exec. VP, Private Equity and Capital Solutions, CDPQ Infra @  Caisse de dépôt et placement du Québec 

+ Michael Sabia to Deputy Minister of Finance @ Government of Canada

+ Natalie Tarini to Exec. Director @ Wood Preservation Canada

+ Paul Rochon, Deputy Finance Minister @ Government of Canada, stepped down

+ Paul Walker to Operations Mgr. @ PCL Construction

+ Percy Woods, Pres. @ BOMA Edmonton, retiring

+ Prentiss Donohue to Exec. VP, Small and Medium-Sized Business @ OpenText

+ Roberto Cortese to President @ TFG Financial Corporation

+ Sarah Walters to Director @ Headwater Exploration Inc.

+ Shawna Wagner to Partner, Architecture  & Design Recruitment @ DMC Recruitment Group

+ Sherri Evers to VP Commercial and Corporate Development @ Imperial Oil Limited

+ Stacey Kurck to VP, Client Engagement, Ontario @ FirstService Residential

+ Stephanie Barker to Bus. Dev., Hedge Advisory & Data Solutions @ InstaNext Inc.

+ Theresa Redburn, Sr. VP Commercial and Corporate Development @ Imperial Oil Limited, retiring

+ Valerie Moss to Sr. Project Mgr. @ OnSite Sign Group Inc.

+ Wayne Malone to Sr. Advisor @ Perativ

+ Will Stewart to Sr. VP, Lead National Public Affairs & Advocacy @ Hill+Knowlton Strategies

+ William Van Horne to Corporate Secretary @ Katipult Technology Corp.

~

 [send us your appointment notices  kolke@facilitycalgary.com ]

+ David Dover; distinguished community leader, director, former Chair of Calgary Chamber of Commerce and Airport Authorities, grandson of A.E. Cross, great-grandson of Col. Macleod; 86

+ Norman Dvorkin; business owner, developer and operator of Business Condominiums; 84

+ Paul Ziff; long time oil patch veteran, founder of Ziff Energy Group, arts and charity supporter, 69

+ can workers be mandated to get the COVID vaccine?

+ culture report – pat on the back time

+ supporting staff separated from family

+ Lightspeed POS Inc. closed its $145.2 million acquisition of ShopKeep Inc.

+ Dec. 2-3; Real Estate Forum, Toronto/virtual; info/register

+ Dec. 7; 12^th Annual Christmas In Alberta fundraiser for Heritage Park, in person+live streamed; info/register/donate

+ Dec. 8; Is hydrogen the future? – U of C, School of Public Policy – Hydrogen Potential webinar; info/register

~

2021

+ Jan. 26; Calgary Real Estate Board, Annual Forecast 2021 [virtual event], Calgary, info/tickets

+ Feb. 9-11; Egypt Petroleum Show, Egypt International Exhibition Center, Cairo, Egypt; info/register/call for papers

+ May 12-13; Business Transitions Forum, Westin Edmonton; info/registration

+ May 13-16; Word Economic Forum, Special Annual Meeting 2021 (postponed and moved from Davos), Singapore;

+ May 31 – June 1; Egypt Petroleum Show, Cairo, Egypt; info/registration

+ June 6-18; CERI 2021 Petrochemical Conference, Kananaskis Mountain Lodge; program; sign up/register

+ June 22-23; Petrochem Canada, Sunbridge Hotel & Convention Centre, Saria; info/registration

+ July 23 – Aug. 8; Tokyo Olympics – 2021 Summer Games

+ Sept. 21 - 23; Global Energy Show, Stampede Park, Calgary, info/registration

+ Oct. 4-6 [REVSIED DATE]; NeoCon, the Mart, Chicago; info

~

2022

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

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

+ no more listings for 2020 – please send us your 2021 events

+ Aug. 11-15; Shaw Charity Classic – PGA Champions Tour Event, Canyon Meadows Golf and Country Club, info/website

~

[please send your charity golf event notices to  kolke@facilitycalgary.com ]

FACILITYCalgary FREE

IN THIS ISSUE: Alberta COVID stats | Calfrac proxy fight ends | Cenovus sale to Headwater closed | crude prices steady/OPEC solidarity shaky | HG Capital takes control stake in Benevity | Husky getting White Rose support | WSP Global acquiring Golder + deals + rig counts + upcoming events, appointments + REIT NEWS + ESG reports + financings + quotes + kudos

PROPERTY MANAGEMENT SERVICES - consulting, administration, and fully contracted management services

Insolvency/Workouts/Foreclosures:

- receiverships

- judicial sales

Services for Investors/Property Owners/ Buyers:

- due diligence

- workouts, collections, project management

- small portfolios and stand-alone buildings

- net lease administration

- multi-family residential

Commercial Agent | Property Manager /  Consultant | Office, Industrial & Education Facilities Specialist | Public-Private Partnerships (P3) | Commercial Property Sales / Leasing / Land + Residential Sales

Mark Kolke – Agent/Property Manager

Realtor - licensed in Alberta for Residential, Commercial and Property Management ~ under contract to MaxWell Capital Realty

+ Artis REIT reconstituted its board and trustee fees

+ Artis REIT unitholder Sandpiper Real Estate Fund 4 Limited Partnership increased its holding to 10% of Artis REIT

+ Allied Properties REIT published its Inaugural 2019 ESG Report

+ Pembina Pipeline Corporation publishes its 2020 Sustainability Report

+ Tough times don’t last. Tough people do. – Gregory Peck

+ The best investment on Earth is earth. – Louis Glickman

+ to Canadian Pacific and Homes for Heroes Foundation for their 4^th annual Spin for a Veteran event; raised $400,000.0, double their goal!

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 - 2020 MaxComm Communications. All rights reserved. Domains operated by MaxComm Communications:

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 weekly newsletter

Est. July, 1999

+ Alberta COVID-19 stats: 631 deaths to date, 20,067 active cases of 49,603 confirmed cases to date: aggregate Alberta data – currently, 609 Albertans are in the hospital with COVID-19, and 108 of those are in intensive care units

+ Alberta did a Stage 2 relaunch, re-opening Stage 3 remains delayed; on November 24 the Premier announced NEW restrictions governing a wide range of public, business, and school restrictions as a State of Public Health Emergency; Calgary in lock-step has also declared a State of Local Emergency – which means Tom Sampson, Chief of the Calgary Emergency Management Agency is in charge …

+ Alberta Chief Medical Officer Dr. Deen Hinshaw is calling for stronger measures to stem the spike in cases, hospitalizations, and deaths

+ ABTraceTogether – get the APP; GOA app is being questioned as to its effectiveness (it needs to be running all the time); Kenny government resisting adoption of the Federal Gov’t COVID tracing app

+ Athabasca Oil Corporation announced its 2021CapEx Budget is $75.0 million

+ Baytex Energy Corp. announced its 2021CapEx Budget is $225.0 million

+ Calfrac Well Services Ltd. completed its recapitalization approval process and overcame the appeal of dissident shareholder Wilks Brothers LLC

+ Calfrac Well Services Ltd. announced its 2021CapEx Budget is $55.0 million

+ Canada: Finance Minister Freeland tabled a Fall Economic Statement and briefing on the proposed $100.0 billion pandemic relief package atop a massive deficit; many are chiming in with their ‘take’; here is Osler’s take

+ Canada’s border with the United States remains closed to non-essential traffic; the closure is now extended to January 21, 2021; meanwhile air travel restrictions and quarantine rules keep-a-tweaking

+ Cenovus Energy Inc. closed its sale of Marten Hills oil assets to Headwater Exploration Inc.; consideration was cash and shares

+ Chevron Corp. announced its 2021CapEx Budget is US$14.0 billion

+ ConocoPhillips announced a 500-person layoff in Houston effective in February 2021, coincident with its merger/acquisition of Concho Resources Inc.

+ Crescent Point Energy Corp. announced its 2021CapEx Budget is $475.0 million

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; crude steady about US$45/bbl for WTI … while traders are nervously watching OPEC and OPEC+ struggles with solidarity as Russia, Saudi Arabia and others – 23 countries in all, struggle with a new program of production levels … tic toc

+ CWC Energy Services Corp. announced its 2021CapEx Budget is $3.9 million

+ Gibson Energy Inc. announced its 2021CapEx Budget is $25.0 million

+ Golder Associates’ parent company Enterra Holdings Ltd. has agreed to be acquired by WSP Global Inc. for US$1.14 billion

+ Global Petroleum Show re-scheduled; new dates September 21-23, 2029 – Stampede Park

+ Gran Tierra Energy Inc. announced its 2021CapEx Budget is $130.0 million

+ Helix Advanced Communications and Infrastructure Inc. acquired Coast Mountain Wireless Communications

+ HG Capital LLP, a British private equity firm, acquired a controlling interest in Benevity Inc.; terms not disclosed

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

+ Husky Energy to get $41.5 million for the Newfoundland and Labrador government on a matching basis, to sustain/continue construction of the stalled $2.2 billion West White Rose off-shore project

+ Imperial Oil Ltd. announced it will take a $1.2 billion write-down of if oil sands portion of its assets

+ MEG Energy Corp. announced its 2021CapEx Budget is $260.0 million

+ LyondellBasell and Sasol completed their JV transaction; Integrated Polyethylene JV – Lake Charles, Louisiana polyethylene facility

+ Pieridae Energy Limited announced its 2021CapEx Budget is $45.0 million

+ PROPERTYlines;  – monthly commercial real estate newsletter  CLICK HERE to CHECK OUT THE November issue; Archived PROPERTYlines Issues

+ rig activity in Canada

+ rig counts (active/working) – U.S.: up 3 to 323 this week; Canada: steady at 102 this week; full breakdown

+ Stantec entered into a letter of intent to acquired Wenck, a 300-person environmental engineering firm

+ Women – WXN Annual Top 100 Award Winners – women leading the way; including some outstanding Albertans: Christine Dagenais, Kelly Blackett

+ AceAge Inc. closed $5.0 million equity financing

+ AcuityAds closed $23.0 million equity financing

+ Aegis Brands Inc. secured $4.0 million debt financing

+ BetterLife Pharma Inc. closed $2.9 million equity financing by private placement

+ Bird Construction Inc. secured $200.0 million credit facility

+ Cardinal Energy Ltd. is on the market to raise $16.9 in 2^nd lien secured debt by private placement

+ Cardinal Energy Ltd. is on the market to raise $4.0 million in equity by private placement

+ Clearford Water Systems Inc. closed US$1.3 million in debt financings

+ Cognetivity Neurosciences Ltd. is on the market to raise $2.0 million in equity by private placement

+ Drone Delivery Canada Corp. is on the market to raise $12.0 million in equity

+ E3 Metals Corp. is on the market to raise $5.0 million in equity

+ Énergir Inc. closed $100.0 million equity financings by private placement

+ H&R REIT closed $250.0 million sr. unsecured debt raise

+ Intact Financial Corporation closed $1.25 billion equity financing by private placement

+ IOU Financing Inc. closed $2.1 million equity financing by private placement

+ IsoEnergy Ltd. is on the market to raise $4.0 million in equity by private placement

+ LXRandCo is on the market to raise $5.0 million in equity by private placement

+ Neo Performance Materials Inc. is on the market to raise $47.6 million in equity

+ Newtopia Inc. closed $5.0 million credit facility

+ Numinus Wellness Inc. is on the market to raise $15.0 million in equity by private placement

+ Ortho Regenerative Technologies Inc. closed $3.0 million equity financing by private placement

+ Pivotree secured $25.0 million credit facilities

+ PlantX Life Inc. closed $11.5 million equity raise by private placement

+ Premium Brands Holdings Corporation closed $230.0 million equity financing

+ Premium Brands Holdings Corporation closed $57.5 million equity financing by private placement

+ ViveRE Communities Inc. are on the market to raise $8.5 million in equity

~

*editor’s note: names companies involved in debt 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 …

+ Dec. 11; Echelon Holdings Inc., Annual and Special Meeting of Shareholders, Toronto

+ Dec. 11; Network Media Group Inc., Annual General and Special Meeting of Shareholders, Vancouver virtual only

+ Dec. 11; Rifco Inc., Annual General and Special Meeting of Shareholders, Edmonton

+ Dec. 15; Transat A.T. Inc., Special Meeting of Shareholders, Montreal

+ Dec. 15; Cenovus Energy Inc., Special Meeting of Shareholders, Calgary

+ Dec. 15; Husky Energy Inc., Special Meeting of Shareholders, Calgary

+ Dec. 15; Karnalyte Resources Inc., Special Meeting of Shareholders, Saskatoon

+ Dec. 15; Stoneway Capital Corporation, Meeting of Noteholders, Toronto

+ Dec. 15; Transat A.T. Inc., Special Meeting of Shareholders, Montreal

+ Dec. 22; Genworth MI Canada Inc.; Special Meeting of Shareholders, Toronto

+ Dec. 22; Resverlogix Corp., Annual and Special Meeting of Shareholders, Calgary and virtual

+ Dec. 22; Zenith Capital Corp., Annual and Special Meeting of Shareholders, Calgary and virtual

+ Jan. 4; Canaccord Genuity Growth II Corp. Special Meeting of Shareholders, Toronto

~

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

+ the Calgary Stampede Corral is coming down – demolition is underway to make way for BMO Convention Centre expansion

+ Evans, the control room firm, has a really cool personal partitioning system for workstations

+ Ontario art gallery design awarded to Hariri Pontarini

+ top 40 under 40 in construction

+ AutoCanada Inc. agreed to acquire Haldimand Motors (80,000 sq. ft./20 acres), Cayuga, ON; terms not disclosed

+ Parkland Corporation agreed to acquire assets of Story Distribution Company (Bozeman, MT), and Carter Oil Company Inc. (Utah, Arizona) – 13 retail locations and 40 dealers; terms not disclosed

+ a new school coming in north Calgary – Calgary Board of Education high school on Conventry Hills Way NE; construction to start in 2021 for student occupancy in 2023

+ Boralex Inc. closed its acquisition of 49% of 3 wind farms (296MW) in Quebec from Caisse de dépôt et placement du Québec for $121.5 million to now hold 100%

+ TransAlta Corporation closed its acquisition of 49% of Skookumchuck Wind Project (136.8MW) from Southern Power Company

FACILITYCalgary FREE