FACILITYCalgary

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

FACILITYCalgary May 6/25

ARCHIVED ISSUES

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CONVERSATIONS

A recent conversation with Gord Appel, Managing Partner @ Axiom Mortgage Solutions

A recent conversation with Laura Newcombe, Director Property Management, Calgary @ GWLRA

Click here to access the archive (2012-2021) : archived conversations with fascinating Calgarians ...



SHAKERS AND MOVERS 
appointments and disappointments 

+ Ann Pardon to Director, Internal Audit @ Enerflex Ltd.

+ Benoit Morin, Pres. & CEO @ BC Provincial Health Services Authority, sacked

+ Brooke Tucker-Reid to Director, Global Sustainability @ Manulife

+ Dan Rosenblat to Board Director @ YPO Canada

+ Danny Mikitka to Exec. VP Operations @ Ellement Consulting Group

+ Dr. Laura Hambley Lovett to Partner @ Humance

+ Graham Gow to Director @ Optiva Inc.

+ Greg Bronson to Director @ Bathurst Metals Corp.

+ Hani Roustom to CEO @ Friday Harbour Resort

+ Henri Petit to Chairman @ Emergia Inc.

+ Jason Bobier to Sr. Mgr., SCM North America @ CNOOC International

+ Judge Joanne Durant to Deputy Chief Judge @ Provincial Court of Alberta

+ Katy McFee to Exec. VP Sales @ Evidence Partners Inc.

+ Laurie Livingstone to Partner @ Dentons Canada LLP

+ Luisa Ingargiola to Director @ Siyata Mobile Inc.

+ Paul Kulas to Sr. VP Operations @ Skylight Health Group Inc.

+ Peter Goldstein to Chairman @ Siyata Mobile Inc.

+ Russell Zirnhelt to Head, Building Construction Division @ Ledcor Group of Companies

+ Scott Janis, Pres, Alberta @ Brookfield Residential

+ Stefanie Crosby to Director @ RYU Apparel Inc.

+ Vicky Reeder to Project Mgr. @ Arguson Projects Inc.

+ Vince Aliberti to Director, Social Services @ Homes for Heroes Foundation

~

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 

+ Jim Cunningham; journalist, SAIT instructor, Red Deer Advocate grad; 70

+ Tom Lee; retired former CEO of Parks Canada Agency; 79

+ Tom Rockburne; multi-decorated veteran and Legion advocate; 94




 HUMAN RESOURCES + WORKPLACE TRENDS 

+ Alberta – up to 400,000 front-line workers getting $1,200/each

+ are ‘work from home’ employees focused?

+ burnout triggering job hopping – true/false?

+ C-suite struggles – mental health issues during the pandemic

+ fireable offences growing thanks to COVID-19

+ finding meaning in your HR data

+ how to pivot in a pandemic; office-space manager’s story

+ will COVID-19 vaccination be required? …. and how do you enforce that?

+ Zoom-fatigue remedies




 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

+ please send us your 2021 events

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

+ Sept. 8; Little Warriors Charity Golf Tournament, The Quarry course, Edmonton; info/details/donate;  register

~

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




 SAVE THE DATE / upcoming events

+ Feb. 23-24; 20th Annual RealCapital Conference (being held virtually), info/sponsors/speakers

+ Feb, 24 – 26; Dare To Lead workshops; Brene Brown program offered by Jenn Lofgren at Incito; info/register

+ Feb. 27; STARS Air Ambulance annual PSAC STARS  & Spurs 2021 Gala/Fundraiser/Live Auction; info/tickets/details

+ Apr. 13; Western Canada Apartment Investment Conference (being held virtually), info/save the date

+ Apr. 14-15; 28th Vancouver Real Estate Forum, virtual-only; info/save the date

+ 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 19 – 20; Alberta Economic Development Leaders’ Summit * Conference; online/virtual; information/register

+ 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. 12-15; Digital Construction World, Dubai World Trade Centre, info/register

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

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

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

~

2022

+ 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

 

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




PUT YOUR 
ADVERTISEMENT HERE
 request details/rate quotes:  kolke@facilitycalgary.com 
SEE YOUR 
BRAND HERE



 SHAREHOLDER MEETINGS

+ Feb. 23; Siyata Mobile Inc., Annual General Meeting, Vancouver

+ Feb. 25; Transcontinental Inc., Annual General Meeting of Shareholders, virtual-only

+ Feb. 26; TC Pipelines LP, Special Meeting of Common Unitholders, virtual-only

+ Mar. 22; 49 North Resources Inc., Special Meeting of Debentureholders, Saskatoon

+ Mar. 30; Cargojet Inc., Annual General Meeting of Shareholders, virtual-only

+ Apr. 8; CIBC, Annual Meeting of Shareholders

~

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




 OUR MEDIA PARTNERS 

+ GLOBAL ENERGY SHOW   - postponed to Sept. 21-23, 2021; North America's Leading Energy Event, Stampede Park - Calgary, Canada

+ Check out this year’s GLOBAL ENERGY AWARDS winners




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 THIS WEEK'S HEADLINES


IN THIS ISSUE: Alberta COVID-stats | Air Canada/Air Transat merger | crude ⬆⬆ at US$60 | MNP acquisition | SNC-Lavalin selling O&G unit + deals + rig counts + upcoming events, appointments + REIT NEWS + financings + quotes + kudos




 Sponsors of this week's issue:

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



Visit: https://falkbuilt.com/
~
E-mail: thom.hinton@falkbuilt.com
~
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



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

EXECUTIVE COACHING



RETAINED EXECUTIVE SEARCH - For more information, click here.



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



CLICK HERE to sign up for Housing Truth newsletter 



CLICK HERE to sign up for PROPERTYlines



CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES





 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ Siemens Energy struck a deal with TC Energy Corporation to develop a waste heat-to-power pilot project; will capture waste heat from compressor stations – funding supported by $8.0 million from Energy Reduction Alberta

*information in this section, relevant to Alberta/Calgary – for national and international news, go to our PROPERTYlines monthly publication




 QUOTES 

+ Nothing is more desirable than to be released from an affliction, but nothing is more frightening than to be divested of a crutch. – James Baldwin

+ Entrepreneurship is living a few years of your life like most people won’t, so that you can spend the rest of your life like most people can’t. - anonymous




 KUDOS 

+ to Steve Major – going to bat for Alberta, for all of us …




  GLOSSARY + ABBREVIATIONS + ACRONYMS 

CLICK HERE FOR FULL GLOSSARY  




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

NEWS SUMMARY 
 Feb. 9 ~ 16 / 2021 


+ a chilly holiday yesterday; Family Day in Alberta, Presidents Day in the U.S. – all financial markets closed

+ Alberta COVID-19 stats: 1,782 deaths to date, 5,222 active cases of 129,075 confirmed cases to date: aggregate Alberta data – currently, 356 Albertans are in the hospital with COVID-19, and 58 of those are in intensive care units – 3,308,358 tests have been administered to Albertans so far – concerns being raised by medical officials and Premier Kenny that fast-spreading variants of the virus may impact return to normal …

+ Alberta COVID-19 vaccinations for most vulnerable in long-term care and staff is completed; Alberta running out of first-dose vaccine

+ Alberta COVID-19 restrictions effective – more easing of restrictions starting Feb. 8th – stages for further relaxing the lock-downs of business and recreational activity in Alberta is tied to benchmark drops tied to hospitalization levels – Step 1 ~ schools, restaurants/pubs/cafes, sports activities allowed stages resumption of operations

+ ABTraceTogether – get the APP

+ Air Canada got Government of Canada approval for its takeover of Transit A. T. Inc. – to the chagrin of WestJet

+ Arc Resources Ltd. and Seven Generations Energy Ltd. agreed to an all-stock merger deal; Seven Generations shareholders will get Arc shares

+ Big Rock Brewery Inc. announced its 2021CapEx Budget is $8.8 million

+ City of Calgary 2021 elections; 6 candidates declared running for mayor: Jeremy Farkas, Jyoti Gondek, Brad Field  , Ian Chaing, Larry Heather, Zane Novak~ so far 33 candidates for council ~ and lots of other rumoured candidates exploring a run …

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; crude steady above US$60/bbl .. fingers crossed! OPEC and traders see lower volumes and return to normal demand by mid-year

+ Deloitte and MNP cut a deal; 70 Deloitte leaders/partners and 900 staff in 25 offices – moving to MNP across 6 provinces

+ GOA making $400.0 million in new funding available for cleanup of oil & gas sites on indigenous lands

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

+ inspiring interviews – NHL stars and Olympians, and entertainment in support of KidSport; info/tickets/silent auction/donation

+ Inter Pipeline Ltd. is in play; Brookfield Infrastructure Partners LP is proposing to take Inter Pipeline private for $13.5 billion … tic toc

+ Olymel L.P. closed its Red Deer hog slaughtering facility due to COVID-19 case resurgence

+ Pine Cliff Energy Ltd. announced its 2021CapEx Budget is $13.0 million

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

+ PwC did a global survey of family owned businesses; great insights and downloadable reports

+ Raptor Rig receivership sale

+ rig activity in Canada

+ rig counts (active/working) – US: up 5 to 397 this week; Canada: up 5 to 176 this week; full breakdown and international rig counts

+ Shell’s LNG project is back-to-work following a COVID-19 related pause

+ SNC-Lavalin Group Inc. agreed to sell its Resources Oil & Gas business unit to Kentech Corporate Holdings Limited

+ TC Energy Corporation cancelled its open season call for capacity on the Keystone Pipeline System

+ TC Energy’s KeystoneXL Pipeline Expansion – working on reconsideration; Senator Joe Manchin lending support to the argument for reinstatement of cancelled Presidential Permit … tic toc

+ U.S. Energy Information Administration predicts the U.S. will return to being a net petroleum importer in 2021 and 2022




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Alaris Equity Partners Income Trust is on the market to raise $97.8 million in equity

+ Alectra Utilities Corporation closed $300.0 million sr. unsecured debt financing by private placement

+ Allied Properties REIT closed $600.0 million debt financing

+ Avricore Health Inc. closed $1.54 million equity financing by private placement

+ Big Rock Brewery Inc. secured a $16.0 million credit facility

+ Blackline Safety Corp. secured a new $15.0 million credit facility

+ BlueRush Inc. closed $5.0 million equity financing

+ BSR REIT closed US$69.0 million equity financing

+ Carl Data Solutions Inc. closed $5.6 million equity financing

+ Carl Data Solutions Inc. closed $200,000.0 convertible debt financing

+ Carl Data Solutions Inc. secured a $2.0 million credit facility

+ Choice Consolidation Corp. is on the market to raise US$150.0 million in equity by IPO

+ Crown Realty Partners closed $140.0 million equity raised for its Fifth Value-Add Fund

+ DentalCorp. closed $200.0 million capital raise

+ Empire Life Insurance Company is on the market to raise $200.0 million in sub. debt

+ encore Energy Corp. is on the market to raise $8.0 million in equity by private placement

+ Extreme Vehicle Battery Technologies Corp. closed $3.0 million equity raise by private placement

+ First Energy Metals Limited is on the market to raise $1.5 million in equity by private placement

+ Forbidden Distillery Inc. closed $1.35 million equity financing

+ Fraction Technologies Inc. raised $289.0 million in equity and debt financings

+ Goldeneye Resources Corp. is on the market to raise $2.0 million in equity by private placement

+ good natured Products Inc. is on the market to raise $20.1 million

+ Katipult Technology Corp. secured $3.0 million unsecured sub. convertible debt

+ Lightspeed POS Inc. closed US$676.2 million equity financing

+ Manning Ventures Inc. closed $1.51 million equity financing by private placement

+ Manulife Financial Corporation is on the market to raise $2.0 billion in sub. debt

+ Mind Cure Health Inc. closed $23.0 million equity financing

+ Nexus REIT is on the market to raise $30.0 million in equity

+ NG Energy International Corp. closed $9.769 million equity financing by private placement

+ Nova Royalty Corp. secured $28.5 million convertible debt facility

+ Pollard Banknote Limited is on the market to raise $30.0 million in equity

+ Progressive Planet Solutions Inc. closed $1.4 million equity financing by private placement

+ ReFuel Mobile closed $2.5 million in seed and debt financing

+ Revive Therapeutics Ltd. closed $30.0 million equity raise

+ Spectra7 Microsystems Inc. closed $1.14 million final trance of an equity financing by private placement

+ Subersive Real Estate Acquisition REIT LP is on the market to raise US$65.0 million in equity by private placement

+ Symend Inc. closed a US$43.0 million VC equity raise

+ TMX Group Limited closed a $250.0 million sr. unsecured debt financing

+ Well Told Inc. closed $2.0 million convertible debt financing by private placement

+ XORTX Therapeutics Inc. closed $6.1 million equity financing by private placement

~

*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 …




 CONSTRUCTION NEWS + BUILDING INNOVATIONS  


+ Amazon revealed the design for the second phase of its Virginia HQ

+ Canada Green Building Council – AWARDS nomination process is now open for 2021; check out information, nomination process, and past winners

+ Guillevin International acquired the Canadian datacom business of WESCO International – will operate as Guillevin Datacom

+ renderings of Frank Gehry’s design for King Street West project in Toronto

+ PCL led team awarded $2.1 billion contract for replacement of St. Paul’s Hospital in Vancouver; to be built on new 18.4 acre site




 INTERESTING TRENDS IN INDUSTRIAL + LOGISTICS REAL ESTATE ... 


+ Crestpoint Real Estate Investments Ltd. acquired Northport Business Park ( 846,000 sq. ft. in buildings, 16.5 acres of storage lands, and 42.8 acres of excess developable land) in Edmonton from Oxford; terms not disclosed

*information in this section, relevant to Alberta/Calgary – for national and international news, go to our PROPERTYlines monthly publication


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 6, 2025