+ DIRTT Environmental Solutions Ltd. launched an innovation – transforming existing DIRTT interior wall systems into foldable collapsible structures; ‘Leaf’ program, currently in prototype phase, facilitates retrofitting onto any DIRTT product … so, improved sustainability and keep more material out of the landfill
INTERESTING REAL ESTATE NEWS, other places
+ Larco Investments are planning two-towers as a north annex to the Chateau Laurier Hotel in Ottawa
+ Birchcliff Energy Ltd. announced its 2017 CapEx Budget is $355.0 million
+ Calgary census (May 2016) says we are still growing; births exceeded deaths and out-migration – and ranks Calgary still as Canada’s fastest growing city notwithstanding the economic downturn in the oil patch
+ Canadian Equipment Rentals Corp. closed $8.5 million sale of its 4-Way Equipment Rentals Corp. sub. to Cooper Rentals Canada Inc.
+ Chinook Energy Inc. sold a portfolio of non-core Knopcki/Pipestone are assets for $7.5 million
+ Chinook Energy Inc. announced its 2017 CapEx Budget is $40.0 million
+ Clearview Resources Ltd. closed its $11,355,000 acquisition of a portfolio of Wilson Creek area assets
+ CN announced its 2017 CapEx Budget is $2.5 billion
+ Dakota Access Pipeline is a go; court action to stall if failed. Energy Transfer Partners can now complete the US$ 3.8 billion project
+ Kontrol Energy Corp. closed its $4.6 million acquisition of Ortech Consulting Inc.
+ Mr. Trudeau goes to Washington: Prime Minister Justin Trudeau met with President Trump … discussed trade, gender equality and immigration (and hopefully pipelines, beef and softwood lumber too); in statements and press-conference Q + A they tiptoed around immigration/refugee and trade questions, avoided climate change altogether – smiling, making nice, undertaking to keep the relationship stable and growing – but substance-light in their comments. Trump said he expects only ‘tweaking’ of trade relationships with Canada … tic toc
+ Pengrowth Energy Corp. in talks to sell $500.0 million in Alberta assets to Infor Acquisition Corp.
+ Petrocapita Income Trust closed its acquisition of Canadian properties and assets of Maha Energy Inc. for $1.650,000.0
+ Pine Cliff Energy Ltd. announced its 2017 CapEx Budget is $18.5 million
+ Quattro Exploration and Production Ltd. in receivership; action by BDC – Hardie & Kelly Inc. are court appointed receivers
+ Statoil ASA in on the hunt for investments; announced 2017 CapEx Budget is US$11.0 billion with plans for US$12.0-14.0 billion/yr. for next three years
+ Superior Plus Corp. agreed to acquire Canwest Propane, Gibson Energy’s industrial propane business for $412.0 million
+ Virginia Hills Oil Corp. is in receivership; Alvarez & Marsal Canada Inc. are receivers
+ Calgary Municipal Land Corp. committed $150.0 million to development of a ‘cultural district’ for the Victoria Park area adjacent to Stampede Park; Calgary Flames ‘west village’ plans for a new arena complex are on hold while they study ‘plan B’ and Victoria Park possibilities …tic toc
+ City of Calgary now pegs the costs of the new LRT ‘Green Line’ to exceed the planned $4.59 billion for the initial phase (26.5 km), well beyond its original budget projected cost of $4.5 billion for the entire line; final stages, north and south extensions, total 19.5 km.
+ Infrastructure Ontario short-listed three teams for the West Park Healthcare Development Project; to design, build, finance and maintain the West Park project – RFP to be issued Spring/17; EllisDon Infrastructure Healthcare, Plenary PCL Partnership and West Park Healthcare Partnership
+ Maple Reinders led consortium selected for Hamilton Biosolids Project; design, build, finance, operate and maintain of a 30 yr. operational term
+ U.S. tallest dam, the Lake Oroville Dam north of Sacramento is facing damage and potential failure as heavy rains have caused spillway overflows and erosion; long ago warned by Federal officials and environmental groups – preventative repairs were never made. Currently 188,000 people have been evacuated as a precaution. Emergency spillway repairs are being attempted … tic toc
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