+ the federal government electricity procurement process – with Alberta solar emphasis, is a government program full of complexity just to apply … for a great dissection on ‘how-to’, check out this paper from Osler
QUOTES
+ In the long run, the way you treat your time is the way others treat it too. – James Clear
+ A person who won’t read has no advantage over one who can’t read. – Mark Twain
+ Alberta COVID-19 stats: 1,447 deaths to date, 11,923 active cases of 117,311 confirmed cases to date: aggregate Alberta data – currently, 739 Albertans are in the hospital with COVID-19, and 120 of those are in intensive care units – 3,028,888 tests have been administered to Albertans so far …
+ Alberta’s eastern slopes win – sort of; GOA has responded to massive public pressure and feedback on the review process of the Grassy Mountain Coal Project: coal leases from the December 2020 auction will be cancelled – but those projects, like Grassy Mountain, currently under regulatory review, will not be part of the decision … tic toc
+ Baby Gourmet sold to Hero Group; founders Jill Vos and Jennifer Carlson will continue to run the firm from Calgary
+ Cardinal Energy Ltd. announced its 2021CapEx Budget is $25.0 million
+ City of Calgary 2021 elections; candidates declared running for mayor: Jeremy Farkas, Jyoti Gondek, Brad Field ~ and lots of other rumoured candidates exploring a run …
+ KeystoneXL pipeline expansion project is in the news and on the minds of Alberta taxpayers who are committed to an investment made by the Premier; media reports that incoming President Biden will cancel the project are ‘expected’ by critics, and countered by proponent TC Energy , argued against by the Premier, a position supported by the Montreal Economic Institute - we’ll see, but give how many ‘first order of business’ items are on the new President’s agenda, hopefully those with a pro-KXL voice will be heard ; given it’s often politics over-ruling facts, this writer expects a ‘cancellation, then re-apply’ scenario to unfold because it is unlikely Biden et al will want to distract from their declared agenda and urgent priorities … tic toc
+ rig counts (active/working)– US: up 13 to 373 this week; Canada: up 44 to 161 this week; full breakdown
+ Toronto-Dominion Bank agreed to acquire the $1.5 billion book of Direct Equipment Finance business unit of Wells Fargo; terms not disclosed
+ U.S. transition of power watch: Trump is pardoning, appointing, and rescinding travel restrictions to handcuff the incoming Biden administration; meanwhile, Biden is poised for dramatic actions on COVID, COVID relief and vaccinations and stimulating the economy and reassuring world leaders, Wall Street and campaign promise-keeping – and rescinding many things-Trump …
+ Vermilion Energy Inc. announced its 2021CapEx Budget is $300.0 million
+ YYC – Calgary Airport Terminal access now limited to staff and travellers only; it’s curbside pickup only
THIS WEEK IN FINANCINGS
- proposed & closed
+ Blue Rush Inc. is on the market to raise $2.0 million equity and convertible debt 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 …
SHAREHOLDER MEETINGS
+ Feb. 8; Interlapse Technologies Corp., Annual General and Extraordinary Meeting, Vancouver
+ Feb. 23; Siyata Mobile Inc., Annual General Meeting, Vancouver
