FACILITYCalgary

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FACILITYCalgary May 6/25

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 THIS WEEK - NEWS SUMMARY 

  January 8 ~ 14, 2025 


 
 QUOTES 

+ I must change my life so that I can live it, not wait for it. - Susan Sontag

+ If you want to change the future, start living as if you’re already there. - Lynn Conway






- FACILITY Calgary - now in it's 26th year - every Tuesday morning - getting better, growing our audience, offering 'things you want to know' to people who want to know it



 Sponsors of this week's issue:

visit: Premiere Van Lines Calgary / www.pvlcalgary.com
e-mail:  calgary@pvlcalgary.com
 
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ROCKY VIEW COUNTY
Business & Economic Development



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BennettJones.com



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Visit: https://falkbuilt.com/
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 CHARITY - Not-for-profit - fundraising ... 
HELP WANTED ...

A message from FACILITYCalgary publisher Mark Kolke.
We are pleased to celebrate our relationship with iGIFTsight - a Calgary-based Canadian charity with a Canada-wide mission; if you've not heard about iGIFTsight, we urge you to invest a few moments of your time - click on a link to the site. You'll learn there is an unmet need for vision service in our communities. Getting eye exams, treatment, glasses and other corrective actions is something most of us take for granted as something we have funds or a benefit program, or that services are available where we live. This is made worse when families are already stretched so very far. If you can help, please consider helping in any that you can.

 
DONATION INFO/OPTIONS

 
 
DONATION INFO/OPTIONS

 
                                                                                                

 
                                                                

  NEWS THIS WEEK  


+ City of Calgary ‘blanket zoning’ legal challenge was unsuccessful – court ruling

+ CNRL announced its 2025CapExBudget is $6.0 billion

+ CPKC workers have not negotiated a contract; they’ve voted 99% in favour of strike action which could come as early as Jan. 29th

+ CPP Investments sold it’s stake in Calpine Corporation for US$2.6 billion in cash and stock

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~  WTI @ US$78/bbl; Brent @ US$80/bbl ~

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

+ Fiera Real Estate CORE Fund acquired 3 buildings/456 doors in Quarry Park from Remington Development Corporation AND they acquired 123 units in Marda Loop from Sarina Homes

+ fire season 2025 – 7 fires are active but ‘under control’ – 6 from 2024, 1 new fire in 2025

+ Marda Loop development proposed by Truman Homes and Calgary Co-op; 440 units planned

+ Mayoralty/Calgary city council race watch – Calgary’s election is a year away: Gondek undecided on running again, Jeff Davison declared, Brian Thiessen declared, Jyoti Gondek declared; and rumored to be running: Sonya Sharp, Dan McLean so far; new ‘city parties’ are lining up candidates: A Better Calgary Party, The Calgary Party, and the Communities First party

+ 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

+ Northern Hawk Energy acquired

+ 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: down 5 to 584 this week; Canada: up 122 to 216 this week

+ Tidewater Renewables Ltd. sold its interest in Rimrock Renewables Natural Gas Partnership for $7.8 million




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SHAKERS AND MOVERS 
appointments and disappointments 

+ Andre Trembly to Interim-Pres. & CEO @  Alberta Health Services

+ Athana Mentzelopoulos, Pres. & CEO @ Alberta Health Services, ‘departs’

+ Caroline Jamet to Pres. @ Cogeco Media

+ Carson Dunlop to CEO, North America @ Parkland Corporation

+ Dr. Chris Eagle to Chair, Interim Pres. & CEO @ Acute Care Alberta

+ Greg Moffatt to Pres. & CEO @ Chemistry Industry Association of Canada

+ Josh Betz to Chief Revenue Officer @ Nulogy

+ Julie Kennedy to Turnaround and Restructuring Group @ KPMG

+ Kelly Jessop West to CEO @ Chatters Hair Salons

+ Kenny Gregor to Partner @ DHR Global

+ Rachel Notley  joined Southern, Butler Price

+ Sherri Evers to North America Lubes Gen. Mgr. @ Exxon Mobil Corporation

+ Steph Hatcher to Chief Customer Officer @ Syntax Systems

+ Toby Pierce, Director @ TAG Oil Ltd., resigned

+ Zachary Board to Mgr., Restructuring @ Doane Grant Thornton LLP

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 ]




 REMEMBRANCE 

+ John Hunkin; former CEO @ CIBC, 79

+ Roland Mullen; founder of Mullen Trucking; 93




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Alphi Capital closed a $295.0 million equity raise

+ Avanti Helium Corp. is on the market to raise $1.532 million in equity by private placement

+ Big Rock Brewery Inc. is on the market to raise $8.4 million in equity by private placement

+ Chemtrade Logistics Income Fund closed a $125.0 million sr. unsecured debt raise

+ Esphera SynBio closed a $2.0 million funding

+ Hydro-Quebec closed a $5.0 million debt financing

+ LifeSpeak Inc. secured a $1.7 million bridge loan

+ Light AI Inc. closed a $18.5 million equity financing by

+ LNG Energy Group Corp. is on the market to raise US$15.0 million in sr. secured convertible debt by private placement

+ Plazacorp Willowgrove REIT closed  a $75.0 million equity raise

+ Pollard Banknote Limited secured a $50.0 million credit facility




 HR Resource + Workplace Trends + HSE 

+ Canada’s unemployment rate down to 6.7%

+ the case for ‘work from home’

+ 1 in 3 companies are forcing return-to-office




 TECHNOLOGY / AI Trends 

+ AI at work in banking

+ AI helping with sleep diagnosis




 RISK 

+ 2024 – costliest weather-related losses in Canadian history




 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ Government of Canada pausing incentives for zero-emissions vehicles program

+ 2024 – hottest year ever




  INFRASTRUCTURE + P3 

+ Greenline or no Greenline – City is playing poker with the province over the future of Greenline plans




 REITs + TRUST NEWS 

+ Alignvest Student Housings Inc. sold Alignvest Student Housing REIT for $1.7 billion

+ REITrag covers activity and announcements on the activity of real estate investment trusts - REITs: - sign up at: https://markkolke.substack.com/s/reit-rag




 INTERESTING TRENDS: INDUSTRIAL + LOGISTICS 

+ CPP Investments sold it’s 45% interest in Gordon North American Partnership for US$6.0 billion




 INTERESTING TRENDS: MULTI-RES 

+ Fiera Real Estate CORE Fund acquired 3 buildings/456 doors in Quarry Park from Remington Development Corporation AND they acquired 123 units in Marda Loop from Sarina Homes

+ Marda Loop development proposed by Truman Homes and Calgary Co-op; 440 units planned




  SHAREHOLDER / INVESTOR MEETINGS 

+ Jan. 14; FuelPositve, Annual General Meeting, Winnipeg

+ Jan. 17; British Columbia Ferry Services Inc., Bondholder Meeting, Victoria

+ Jan. 23; BriaPro Therapeutics Corp., Annual General Meeting, Vancouver

+ Jan. 28; Metro Inc., Annual General Meeting, Montreal

+ Feb. 4; Chorus Aviation Inc., Special Meeting of Shareholders, Halifax

+ Feb. 5; BriaCell Therapeutics Corp., Annual General Meeting of Shareholders, Toronto

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

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




 CHARITY GOLF EVENTS 

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




 UPCOMING EVENTS / SAVE THE DATE 

+ Jan. 23; CEA Partnering with Industry Symposium, Royal Glenora Club, Edmonton; register

+ Feb 6; 2025 Canada Energy Update and Person of the Year Gala, Vancouver,

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

+ Mar. 25-26; Clean Fuels, Canada Summit – Westin Airport Hotel, Calgary – registration opens Dec/24

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

+ 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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this site last updated May 6, 2025