FACILITYCalgary

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FACILITYCalgary June28/22

CONVERSATIONS

ARCHIVED ISSUES

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CONVERSATIONS

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

A recent conversation with Going Wild's Brian Keating

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



SHAKERS AND MOVERS 
appointments and disappointments 

+ Amer Khouri to VP Satellite Systems @ MDA

+ Becca Duquette to Director of Talent @ Virtual Gurus

+ Carolyn Wilkins to Director @ Intact Financial Corporation

+ Cathy Steeves to Exec. Director @ United Way of Fort McMurray and Wood Buffalo

+ Catie Busch to CFO @ Cervus Equipment Corporation

+ Chris Wigle to Sr. Director, National Real Estate @ Goodfood Market

+ Clifford Proudfoot to Managing Partner @ Lawson Lundell LLP

+ Colleen McMorrow to Director @ West Fraser Timber Co. Ltd.

+ Dan Kenney, Director @ Clearford Water Systems Inc., stepping down

+ Darryl Logan to VP, Bus. Dev. @ The Western Standard

+ Deanna Zumwalt to Pres., CEO & Director @ Coril Holdings Ltd.

+ Dr. Ravinder Bains to Chief Medical Officer @ ATMA Journey Centers Inc.

+ Erin Dand to Client Partner @ Pekarsky & Co.

+ Gigi Chen-Kuo to Interim CEO @ TransLink

+ Greg Hunter to CFO @ MediPharm Labs Corp.

+ Kevin Desmond, CEO @ TransLink, leaving …

+ Kevin Sellick to VP Finance @ DY Concrete Pumps Inc.

+ James Temerty, Founder, Former Chairman and Director @ Northland Power Inc., retired

+ Joanne Luu to Partner @ Burnet Duckworth & Palmer LLP

+ Jason Tasse to Pres. & COO @ Lee Valley Tools Ltd.

+ John Babic to Chair, Advisory Board @ TEC Canada

+ Johnny Talisman to Creative Director @ William Joseph Communications

+ Jude Pinto to Sr. Advisor @ Perativ Holdings Inc.

+ Julia Lisztwan to Partner @ Burnet Duckworth & Palmer LLP

+ Karl Ruud, Pres. & CEO @ Akita Drilling Ltd., retired

+ Kelly Blackshaw to VP Bus. Dev. @ Wayfound Mental Health Group

+ Ken Newport to Director @ FACIT Inc.

+ Kevin Beingessner to Chairman @ Coril Holdings Ltd.

+ Laurent Ferriera to COO @ National Bank of Canada

+ Linda Southern-Heathcott to Exec. Chair & CEO @ Akita Drilling Ltd.

+ Lori-Ann Beausoleil to Trustee @ WPT Industrial REIT

+ Mara Reiff to Chief Data Officer @ FreshBooks

+ Marian Lawson to Director @ West Fraser Timber Co. Ltd.

+ Melissa Walsh to Director of Leasing, Calgary @ BentallGreenOak

+ Michael Runia to Partner & Chief Investment Officer @ Nautical Lands Group

+ Paul Burbidge to CEO @ Challenger Geomatics Ltd.

+ Peter Ruis to Pres. @ Indigo Books & Music Inc.

+ Philippe Adam to Exec. VP & CFO @ Pomerleau Inc.

+ Rich Bachalo to Pres. @ Canada ICI Capital Corporation

+ Rob Blair to COO @ RYU Apparel Inc.

+ Ron Soskolne to Chief Park Development Advisor @ McMaster Innovation Park

+ Roz Brewer to CEO @ Walgreens

+ Stephen Mannix to Vice-Chair and Director @ Coril Holdings Ltd.

+ Susan Fader to Partner @ Burnet Duckworth & Palmer LLP

+ Tamara Vrooman to Chair @ Canada Infrastructure Bank

+ Tanya Woods to Gen. Counsel, EVP Regulatory Affairs @ HUT 8 Mining Corp.

+ Terence Johnsson to Director @ Exro Technologies Inc.

+ Tracey Ramsay to VP & Gen. Mgr. @ AbbVie

~

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 

+ Ches Pierson; founder of Pierson’s Funeral Service; 93

+ Jack Wilson; Calgary sports booster/volunteer, Olympian (hockey 1964); 81

+ Keith Farries; founder of Farries Engineering; 90




 HUMAN RESOURCES + WORKPLACE TRENDS 

+ does play + teambuilding = innovation?

+ fireable offences growing thanks to COVID-19

+ hiring outlook for 2021

+ how to answer common interview questions

+ Top 70: the 16th annual competition - Alberta’s Top Employers – 2021 winners




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

+ 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

+ 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 ]




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 THIS WEEK'S HEADLINES


IN THIS ISSUE: Alberta COVID stats | Alberta easing COVID restrictions | Cenovus layoffs | Enmax layoffs | Highland Park/Confederation Creek lawsuit | TransAlta switch from coal + deals + rig counts + upcoming events, appointments + REIT NEWS + ESG reports + financings + quotes + kudos




 Sponsors of this week's issue:

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

EXECUTIVE COACHING



RETAINED EXECUTIVE SEARCH - For more information, click here.



Visit: Levvel.ca
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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



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





 QUOTES 

+ Real estate is the connecting fiber that impacts everyone. – Richard Ziman

+ Self-esteem is just the reputation that you have with yourself. You’ll always know. – Naval Ravikant




 KUDOS 

+ to this year’s inductees in Alberta Business Hall of Fame (Southern Alberta) by Junior Achievement: Ron Mannix, Ken Stephenson, Mike Timms and Sam Switzer (posthumous)




  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 
 Jan. 26 ~ Feb. 2 / 2021 


+ Alberta COVID-19 stats: 1,649 deaths to date, 7,387 active cases of 124,563 confirmed cases to date: aggregate Alberta data – currently, 556 Albertans are in the hospital with COVID-19, and 102 of those are in intensive care units – 3,180,848 tests have been administered to Albertans so far …

+ 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

+ ABTraceTogether – get the APP

+ Altura Energy Inc. announced its 2021CapEx Budget is $6.0 million

+ Blue Sky Resources Ltd. completed its transactions with Zargon insolvency; Blue Sky is now the sole shareholder

+ CAODC (Canadian Association of Oilwell Drilling Contractors) established a Directional Drilling Division

+ Cenovus Energy Inc. began its post-merger staff layoffs this past week; 650+ employees ‘packaged-out and returned to the street’; most of the estimated 2,000 position reductions are in Calgary – so expect Suncor, CNRL and others to cherry-pick the best talent …

+ Cenovus Energy Inc. announced its 2021CapEx Budget is $2.3billion

+ City of Calgary 2021 elections; candidates declared running for mayor: Jeremy Farkas, Jyoti Gondek, Brad Field ~ so far 26 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 prices up and steady over US$54/bbl for WTI

+ Enmax cutting staff; 170 positions to be eliminated due to economic downturn

+ Highland Park Golf Course (former) redevelopment saga; the ongoing wrestle between the City of Calgary, re-developer Maple Ventures filed a lawsuit against the city for $113.0 million because they cannot do what they thought they could do … the stick issue is Confederation Creek … tic toc  

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

+ Input Capital Corp. closed its $19.9 million acquisition of SFG Security Resource Group Inc.

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

+ Perpetual Energy Inc. got a Court of Appeal ruling in its battle with PwC as Bankruptcy Trustee for Sequoia Resources Corp. – the claim denied, but PwC filed a notice of appeal, so it’s not over yet … tic toc

+ PSCA forecast for wells to be drilled in Canada for 2021

+ rig activity in Canada

+ rig counts (active/working) – US: up 6 to 384 this week; Canada: up 2 to 174 this week; full breakdown

+ Surge Energy Inc. announced its 2021CapEx Budget is $39.0 million

+ Thomson Reuters and Blackstone closed their $9.8 billion acquisition of the London Stock Exchange Group

+ Topaz Energy Corp. and JV partner acquired Montney area water supply company/assets for $24.0 million

+ TransGlobe Energy Corporation announced its 2021CapEx Budget is $27.2 million

+ West Fraser Timber Co. Ltd. closed its acquisition of Norbord Inc.




THIS WEEK IN FINANCINGS 
- proposed & closed

+ BlueRush Inc. closed $3.898 million first-tranche of an equity financing by private placement

+ CareRx Corporation is on the market to raise $10.0 million in equity

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

+ Cargojet Inc. closed $350.0 million in equity

+ Engine Media Holdings Inc. closed US$7.247 million first-tranche of an equity financing by private placement

+ Golf Mountain Mining Corp. is on the market to raise $5.0 million in equity by private placement

+ Hydro-Québec closed $500.0 million debt financing

+ Parkit Enterprise Inc. is on the market to raise $60.0 million in equity by private placement

+ POET Technologies Inc. is on the market to raise $10.0 million in equity by private placement

+ Pontus Protein Ltd. closed $3.245 million equity financing

+ Premier Health of America Inc. (Montreal) is on the market to raise $6.5 million in equity

+ Solar Alliance Energy Corp. is on the market to raise $5.0 million in equity by private placement

+ Starlight U.S. Multi-Family (No. 2) Core Plus Fund is on the market to raise US$180.0 million in equity by IPO

+ Wishpond Technologies Ltd. is on the market to raise $7.0 million in equity

+ XORTX Therapeutics Inc. is on the market to raise $2.0 million in equity 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 …




 SHAREHOLDER MEETINGS

+ Feb. 8; Interlapse Technologies Corp., Annual General and Extraordinary Meeting, Vancouver

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

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

+ Apr. 8; CIBC, Annual Meeting of Shareholders

~

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




 CONSTRUCTION NEWS + BUILDING INNOVATIONS  


+ catch the view – northern lights in Norway; what a view from the harbour

+ Nova Scotia spending $500.0 million on roads this year

+ technology on job site trends




 CORPORATE RESPONSIBILITY + ESG REPORTS 


+ CDN Controls Ltd. published its 2020 ESG Report




 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




 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ TransAlta Corporation completed the first of three-coal fired plants from coal-to-gas boiler conversions

+ 2021 Global 100 – most sustainable companies list published by Corporate Knights; Stantec is #5 – congrats! … there are 13 Canadian companies on this year’s list




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



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FACILITYCalgary newsletters may not be reproduced, distributed, transmitted, displayed, published or broadcast, directly or indirectly, in any medium without prior written permission. All rights reserved. PLANDflex Corporation - http://plandflex.com