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+ People frequently get what they deserve, but it doesn't feel like it because the unspoken rule is that you only deserve it if you have (1) the courage to attempt it, (2) the guts to ask for it, and (3) the willingness try again when it doesn't work out the first time. - James Clear

+ It is not enough to be industrious; so are the ants. What are you industrious about? - Henry David Thoreau

+ to Canada and Connor McDavid for the OT win over the U.S. in the 4 Nations Face-Off

+ to Mattamy Homes – donation of $250K ... split between NAIT and SAIT in support of skilled trades

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+ a change in our publishing times – starting today, we are moving to a new time for publishing FACILITYCalgary; for a variety operational reasons AND to get our readers a ‘best snapshot’ of the news of the past week and ‘breaking news of the day’, we will be publishing ‘end of the day Tuesday’ rather than ‘morning-start of the day’ on Tuesdays.

+ AiM Land Services has merged with Roy Northern Land & Environmental Services; will contine as AiM Land Services

+ Alberta Spring Sitting of the Legislature begins today

+ Calgary school districts strike activity: school support workers and custodians are on the picket lines in Calgary and other boards around the province

+ Carebook Technologies Inc. taken private, UIL Limited now  owns 100%

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~  WTI @ US$69/bbl; Brent @ US$72/bbl ~ prices softening on expectation of easing tensions between Russia and Ukraine and speculation that Saudi+ group will delay production increases

+ FACILITYCalgary, a sponsor-supported FREE weekly newsletter; ‘send time’ is early every Tuesday

+ fire season 2025 – 7 fires active; 2 are 2025 - all are under control’

+ Government of Alberta – Alberta Health Services  scandal over private surgery contacts continues to unsettle the Smith government as finger pointing and blaming continue – Braid column calls it a ‘steamroll’ – and breaking news today as the Legislature resumes sitting – Infrastructure Minister Peter  Guthrie resigned from his cabinet post over the Premier’s handling of the AHS – and the Premier’s comments

+ Government of Alberta announced plans to build two – Northern and Southern Alberta Compassionate Intervention Centres for involuntary drug addiction treatment; $180.0 million over three years

+ Government of Canada – launched  a $5.0 billion indigenous loan  guarantee program

+ Government of Canada – race to replace the Prime Minister as Leader of the Liberal Party: now there are four (4) candidates still in the race – Carney, Freeland, Gould, and Baylis; andidates still in the race – Carney, Freeland, Gould, and Baylis; Dhalla was disqualified this week

+ Innergex Renewable Energy Inc. agreed to be acquired by CDPQ – transaction value of $10.0 billion ; all cash plan of arrangement will take the company private

+ InPlay Oil Corp. agreed to acquire a portfolio of of Pembina area assets for $309.0 million

+ Mayoralty and Calgary city council race watch – Calgary’s election is a year away: declared candidates for Mayor so far: Jeff Davison declared, Brian Thiessen declared, Jyoti Gondek declared; and rumored as ‘might be running’ Sonya Sharp, Dan McLean so far

+ Maverick Aviation Group Limited acquired Vision Inspection Services Canada Inc.

+ MONDAY MORNING MINUTE - a weekly inspiration message and a selected quote in your inbox weekly; check out the new format; check out this week’s issue – sign up is free

+ National Bank of Canada and Canadian Western Bank completed their  Tier 1 Capital Reorganization

+ REITrag – is a curated news publication real estate investment trusts; all Canadian REITs and adding American and European listings; available by subscription; sign-up form  …

+ rig activity in Canada, courtesy of BOE Report

+ rig counts/utilization (active/working) – US: up 4 to 592 this week; Canada: down 1 to 244 this week

+ Calgary vulnerability to tariffs

+ Feb. 10^th, U.S. imposing 25% tariff on steel from most countries including Canada effective March 8, 2025

+ Feb. 11^th, U.S. imposing 10% tariff on aluminum from most countries including Canda effective March 8

+ Feb. 13^th, U.S. threatening reciprocal tariffs on countries charging tariffs on U.S. goods

+ Feb. 20^Th; City of Calgary Mayor Gondek formed ‘Team Calgary’ to address tariff impact

+ Feb. 21; Bank of Canada Governor warns of tariff impact

+ Feb. 24^Th, Trump announced tariffs on Canada and Mexico till be going ahead on March 4th

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+ Andrew Furey, Premier @ Government of Newfoundland and Labrador, stepping down

+ Brenda Davidson to Director Sales 2 Sheraton Cavalier Hotel, Calgary

+ Chadwick Westlake, Sr. VP & CFO @ EQB Inc., stepped down

+ Dan Davidow to Chief Marketing Officer @ Jane Software Inc.

+ Darren Hedley to Acting Deputy Minister @ Alberta Health

+ Dennis King, Premier @ Government of Prince Edward Island

+ Geoff Thiessen to Mgr. Land & JV @ TexCal Energy Canada Inc.

+ Hamid Moghadam, CEO @ ProLogis, retiring

+ John Maltalbano to Director @ Manulife

+ Nancy Carroll to Director @ Manulife

+ Naniss Gadel-Rab to Pres. @ Mondelez Canada Inc.

+ Nicolas Amyot to Exec. VP, CFO & Treasurer @ Metro Inc.

+ Robin Saunders to Director @ Quarterhill Inc.

+ Samuel David, CEO @ Prospera Energy Inc., left the company

+ Sid Singh to Interim CEO @ Day & Durham Limited

+ Stephen Balog, Chairman @ Advantage Energy Ltd., retiring

+ Sukhan Grewal to VP Commercial Technology @ Intellifi Corporation

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 ]

+ Lou MacEachern; arts patron, philanthropist, community leader; 91

+ Allied Properties REIT closed a $450.09 million debt financing

+ Hydro Quebec closed a $750.0 million debt raise

+ InPlay Oil Corp. is on the market to raise $28.5 million in equity

+ IsoEnergy Ltd. is on the market to raise  $17.4 million in equity

+ Kane Biotech Inc. closed a $1.699 million equity raise by private placement

+ Prairie Provident Resources Inc. closed initial tranche of a $4.8 million equity raise by private placement

+ Rogers Sugar Inc. closed a $115.0 million convertible grgergrdebt raise

+ Sienna Senior Living is on the market to raise $125.0 million in debt

+ StorageVault Canada Inc. secured a $400.0 million credit facility

+ BDO’s report on Canada’s productivity

+ gamification of the workplace

+ 15 proposed data centres for Alberta

+ Microsoft backing off and backing out of data center leases – concerns of oversupply

+ tips to prepare for the big thaw – protect home and property

+ stress risk for older workers ... finance isn’t the only issue, but it tops the list

+ Fraser Institute study reveals Canada must build 840 solar-power stations or 16 nuclear power plants to meet Ottawa’s 2050 emission-reduction target

+ Innergex Renewable Energy Inc. agreed to be acquired by CDPQ – transaction value of $10.0 billion ; all cash plan of arrangement will take the company private

+ JOLT EV will expand it’s presence of EV chargers across Canada with a $194.0 million loan from Canada Infrastructure Bank

+ National Grid agreed to sell it’s onshore renewables business to Brookfield Asset Management for $1.74 billion

+ HH Global published its 2024 ESG report

+ Skyline Group of Companies published its 2025 Canadian REIT and Clean Energy Fund Outlook

+ Government of Canada announced plans for a $3.9 billion high-speed rail service between Toronto and Quebec City – design work is underway and may take five years; Cadence team will lead the planning process for the Alto High-Speed Rail project

+ Melcor REIT completed it’s ‘Go Shop’ period, sold it’s Melcor Crossing property for $48.0 million

+ REITrag covers activity and announcements on the activity of real estate investment trusts - REITs: - sign up at: https://markkolke.substack.com/s/reit-rag -  our new 2025 REITRag format coming soon … 

+ Bootlegger, Cleo and Ricki’s brands have a new owner; acquired out of bankruptcy by Doug Putnam

+ Canadian Tire Corporation Limited sold it’s Helly Hansen unit to Kontoor Brands Inc.for $1.28 billion

+ Loblaws to invest $10.0 billion in the next five years, https://www.loblaw.ca/en/loblaw-expects-to-invest-10-billion-into-the-canadian-economy-over-the-next-five-years-including-2-2-billion-in-2025/

+ GWL Realty Advisors launching 606,000 sq. ft. Warehouse project in Balzac’s Stoney North Logistics Centre for Princess Augot Ltd. a co-development  of GWLRA and Enright Capital Ltd.

+ Feb. 27; Global X Investments Canada, Special Meeting of Unitholders, Toronto

+ Mar. 18; FuelPositive Corporation, Annual General Meeting, Winnipeg

+ Mar. 21; Genefi Inc., Special Meeting of Shareholders, Toronto

+ Apr. 3; Cargojet Inc., Annual General Meeting of Shareholders, Mississauga

+ May 8; Imperial Oil, Annual Meeting of Shareholders, Calgary

~ some guidance on conducting virtual shareholder meetings, provided by BD&P

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

~ [please send your 2025 charity golf event notices to kolke@facilitycalgary.com ]

+ Feb. 25; Spring Sitting @ Alberta Legislature, Edmonton
+ Mar. 11; Transition Accelerator – The Electricity Equation, webinar - virtual

+ Mar. 25-26; Petrochem – Canada West - Clean Fuels, Canada Summit – Westin Airport Hotel, Calgary – registration

+ Apr. 4; Consulting Engineers of Alberta – Showcase Awards Gala 2025; Edmonton Convention Centre

+ June 9-11; Neocon 2025; The MART, Chicago; calls for programming [deadline Jan 20]

+ June 18-19; Petrochem Optimizing Plant Operation, International Centre, Toronto; register

+ June 25-26; Canada’s Net-Zero Forum 2025; Shaw Centre, Ottawa

+ Aug. 11-14; Global Indigenous Languages Summit – WAVES 2025, Ottawa; save the date

+ Nov, 20-21; Decentralized Energy Forum, Chateau Frontenac, Quebec City; tickets

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

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