+ anniversaries – Alberta’s Family Day turns 25, Canada’s Flag is 50 and Saturday Night Live celebrated 40 – I’m old enough to remember them all, young enough to remember that I remember … tic toc
+ ATB Financial – THE OWL … Daily Economic Comment
+ Avison Young Commercial Real Estate acquired Peregrin Inc.
+ Axia NetMedia Corporation facing activist shareholder lobbying for exploration of strategic alternatives … tic toc …
+ Birchcliff Energy Ltd. announced its 2015 CapEx Budget is $266.7 million
+ Calgary Park & Jet Ltd. is relocating to a new site on Calgary International Airport ground-side property; new lot will offer 4,200 stalls
+ Canadian Pacific Railway workers (3,000 locomotive engineers & train workers) went on strike; Harper government bringing forward emergency legislation to order workers back to get trains rolling again … meanwhile, the parties have reacted with an agreement to voluntary arbitration and the strike has been suspended for now
+ Cenovus Energy Inc. announced it is cutting staff by 15% (contractors first, then salaried staff) and suspending salary increases on the heels of announcing a 4th qtr. loss of $472 million
+ Colliers International to be split from its parent FirstService Corp.; current public co. will be renamed Colliers International Group Inc. and FirstService will become new public co.
+ Computer Modelling Group Ltd. adopted an Advance Notice By-Law
+ ConocoPhillips is on the market to dispose of some Western Canadian non-oilsands properties
+ current energy prices: live link to Bloomberg.com commodities data; crude price continues to rise notwithstanding predictions of further collapse (ie: Citigroup predicting $US20/barrel), falling rig counts and exploration budget cutbacks bode well for an early-term recovery in crude prices
+ Eagle Energy Trust announced its revised 2015 CapEx Budget is US$9.9 million, down from US$11.8 million announced earlier
+ Enbridge Income Fund Holdings Inc. adopted an Advance Notice By-Law
+ Europe unease; Euro retreats as Greek debt re-negotiations stumble and crumble
+ financial markets closed yesterday: Family Day here, Presidents Day in the U.S.
+ Halliburton Co. announced it will lay off 6,200 workers worldwide due to depressed oil prices
+ Intact Financial Corporation agreed to acquire Canadian Direct Insurance Inc. from Canadian Western Bank for $197 million
+ Ivanhoe Energy Inc. served default notices from debenture trustee; failure to cure missed payments due Dec. 31/14
+ Kicking Horse Energy Inc. announced its 2015 CapEx Budget is $32 million
+ natural gas futures prices buoyed by U.S. cold snap
+ Pembina Pipeline Corporation is expending its Vantage pipeline system; $85 million capital cost will boost capacity by 40,000 barrels/day
+ Prentice watch: more talk in support of Keystone XL, leaked/hinted budget cuts of $2-2.5 billion (9%), “we all have to do a lot more with a lot less”
+ Shaw Communications closing its Calgary call centre; downsizing/realignment will relocate 1,600 jobs, but not necessarily the people, from Calgary, Edmonton and Kelowna
+ Spyglass Resources Corp. announced its revised 2015 CapEx Budget is $8 million, down from $26 million announced early
+ Talisman Energy Inc. took $1.37 billion write down in the 4th quarter
+ The Cash Store Financial Services Inc. closed the sale of 45 locations to easyfinancial Services Inc.
+ Total SA announced it will accelerate its asset sales program after taking a US$6.5 billion write down in 4th qtr. due to low oil prices
+ U.S. Congress passed legislation approving Keystone XL pipeline project; Obama White House has warned it will veto the bill … tic toc
+ Wal-Mart Stores plan to invest $340 million in capital this year (vs. $500 million in 2014); will complete 29 super centres and upgrade several stores to add full grocery departments
+ Whole Foods reported coming to the Calgary market looking for multiple stores; rumoured to be negotiating a NW Calgary site
