+ Alex Sarian to Pres. & CEO @ Arts Common

+ Anthony Zaidi to Chairman @ ARROW Exploration Corp.

+ Brad Riddell to VP CyberSecurity @ FlexITy Solutions Inc.

+ Dan Prentice to Associate @ Read Jones Christoffersen Ltd.

+ Daniel Rabinowicz to Chairman @ Reitmans (Canada) Limited

+ Darren Reed to Partner @ Fasken Martineau DuMoulin LLP

+ Diana Krecsy, Pres. & CEO @ Calgary Homeless Foundation, stepped down

+ Dominic Dacosta, Chairman @ ARROW Exploration Corp., stepped down

+ Dr. Elizabeth Brooks-Lim, Chief Medical Examiner @ Government of Alberta, resigned

+ Fred Edwards to Principal @ Read Jones Christoffersen Ltd.

+ Gregory Craig to Pres. & CFO @ Canadian Tire Financial Services

+ Helen Gottschling to Director @ Plan International Canada

+ Jamie Kitson to VP Sales Canada @ Siyata Mobile Inc.

+ Janaya Flower to Sr. Corporate Counsel @ NOVA Chemicals

+ Jason Mckay to VP @ Modern Luxe Rentals

+ Jeremy Scheetz to Managing Dir. @ Terra Firma Capital Corporation

+ Kendra Kaake to Director, Investment Strategy Canada @ SEI Investments Company

+ Kirk Arnold to Director @ Thomson Reuters

+ Mahes Wickramasinghe to Pres. & CEO @ Canadian Tire Bank

+ Marc Di Manno to Associate Account Mgr./Business Strategist – Buildings @ Stantec

+ Mark Henderson to CEO @ FirstOfficer

+ Michael Tweedie to Dir. Business Dev. @ AirSprint Inc.

+ Morris Prychidny to Director @ Talisker Resources Ltd.

+ Nabeel Peermohamed to Partner @ Brownlee LLP

+ Ray Daniels, Sr. VP @ Enerplus Corporation, retiring

+ Sameer Kotamarthi to VP Bus. Dev. @ AIESEC Canada

+ Shauna Jones to Creative Director @ StellarAlgo Corp.

+ Stephen Reitman to CEO @ Reitmans (Canada) Limited\

+ Tanya Kennedy Flood to Corporate Marketing and Communications Leader @ Read Jones Christoffersen Ltd.

+ Todd Probert to Group Pres., Defence & Security @ CAE Inc.

+ Tracy Medve to Chair @ FortisBC

+ Wade Hutchings to Sr. VP & COO @ Enerplus Corporation

+ Will Craig to Principal, Calgary @ Kasian Architecture Interior Design & Planning Ltd.

~

 [send us your appointment notices  kolke@facilitycalgary.com ]

+ Jason Goodstrikier, former Blood Tribe councillor and First Nations Regional Chief; 47

+ John MacDonald, founder of MacDonald Dettwiler and Associates; 83

+ faking happiness at work takes a toll

+ study of financial stress for well-paid employees

+ Jan. 21; Alberta Real Estate Association, Annual General Meeting, Red Deer

+ Jan. 24; Aimia Inc., Special Meeting of Shareholders, Montreal

+ Jan. 28; METRO Inc., Annual General Meeting of Shareholders, Montreal

+ Feb. 4; Park Lawn Company Limited, Special Meeting of Shareholders, Toronto

+ Feb. 11; Cineplex Inc., Special Meeting of Shareholders, Toronto

+ Mar. 21; Arrow Exploration Corp., Annual General and Special Meeting, Calgary

~

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

+ Courage is the power to let go of the familiar. – Raymond Lindquist

+ Don’t tell me the sky is the limit when there are footprints on the moon. – Paul Brandt

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Crescent Point sale | Encana move/name change approved | eStructure/DataHive partnering | Parkland buying Kellerstrass + deals + rig counts + upcoming events, appointments + REIT NEWS + financings

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January 30 - 31, 2020

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FACILITYCalgary FREE

+ Calfrac Well Services Ltd. announced its 2020CapEx Budget of $100.5 million

+ CLM Distribution Pool & Spa Products and Lectranator Systems filed for bankruptcy; Grant Thornton is the trustee

+ Crescent Point Energy Corp. closed the sale of a portfolio of Saskatchewan natural gas infrastructure assets for $500.0 million

+ Crescent Point Energy Corp. announced its 2020CapEx Budget is $1.1 billion

+ Crew Energy Inc. agreed to disposition of several assets for $70.0 million

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; crude prices steady amid continued political volatility in Venezuela and Libya, and concern U.S./China trade deal will likely not boost demand; refiner inventories fall

+ Encana Corporation got shareholder and court approval for its arrangement; moving head office to Denver, and changing name to Ovintiv Inc.

+ Enerplus Corporation announced its 2020CapEx Budget is $520.0 million

+ eStruxture and DataHive have partnered to provide more robust services to their respective clientele served from Calgary

+ International Petroleum Corporation agreed to acquire Granite Oil Corp. for US$29.0 million

+ Parkland Fuel Corporation agreed to acquire Kellerstrass Oil Company; terms not disclosed

+ Petrus Resources Ltd. announced its 1^st qtr. 2020CapEx Budget is $9.0 million

+ Pipestone Energy Corp. announced its 2020CapEx Budget is $145.0 million

+ rig activity in Canada

+ rig counts (active/working) – U.S.: up 15 to 796 this week; Canada: up 41 to 244 this week; full breakdown

+ TC Energy announced it will resume work on KeystoneXL expansion project in February

+ Boeing Co. reported to be on the market to raise US$10.0 billion in debt

+ First Responder Technologies Inc. closed $4.89 million equity financing by IPO

+ Fronsac REIT is on the market to raise $15.0 million in equity

+ International Frontier Resources Corporation closed $695,406.0 equity raise by a rights offering

+ MEG Energy Corp. is on the market to raise US$1.2 billion in sr. unsecured debt

+ Starlight U.S. Multi-Family (No. 1) Core Plus Fund is on the market to raise US$147.0 million in equity by IPO

+ Terra Firma Capital Corporation secured US$40.0 million credit facility

~

*editor’s note: names companies involved in debt financing transactions we report in this section are ALWAYS the borrower; we report ‘fresh raises’ and do not report secondary offerings …

+ Lululemon’s new HQ project in Vancouver’s False Creek moving toward approval, public hearing this week next process of approving their ‘mother ship’ project

+ sustainable office design; Skanska’s case study

+ the newest (#83) +15 bridge connecting Penn West Plaza and Gulf Canada Square is now in place

+ Northland Power Inc. closed its $1.05 billion acquisition of 99.2% of Empresa de Energia de Boyaca

+ in Vancouver, Cadillac Fairview will be re-flagging its CF Pacific Centre hotel; Four Seasons Hotel will cease operations at end of January – no word yet on re-opening date or name of new flag … tic toc

+ Group Petra JV with MACH to acquire Rene Levesque Tower in Montreal for $225.0 million; 27-storey, LEED Platinum building

+ MGM Growth Properties and Blackstone REIT formed a JV to acquire MGM Grand and Mandalay Bay for US$4.6 billion; long term leaseback with MGM Resorts

+ Starlight U.S. Multi-Family (No.1) Value-Add Fund close the sale of 1,193 unit portfolio for US$239.6 million

+ Canadian Shopping Centre Study 2019 – 50 page PDF download

+ Ikea launched a $US5.8 billion smaller format store initiative; ‘city centre’ concept opened in London, UK

+ WeWork and co-working concepts everywhere have cause for pause; in 4^th qtr 2019 WeWork’s leasing activity dropped 93% after its failed IPO effort – and while a seasonal drop is not unusual, that’s high-drama; the concept is neither dead or wrong, it’s just had the wind taken out of its over-billowed sails … tic toc

+ Fronsac REIT is on the market to raise $15.0 million in equity

+ Fronsac REIT agreed to acquire three properties (Ontario & Quebec) for $19.0 million

+ Granite REIT agreed to acquire three properties in the Netherlands for $129.0 million

+ InterRent REIT announced plans to gut a vacant office tower, the Trebla Building, in Ottawa for conversion to 153 residential unties;

+ Killam Apartment REIT acquired Christie Point Apartments (161 doors) in Victoria, BC, for $54.0 million

+ Natural Resources Canada teamed up with Canadian Tire – they will invest $2.7 million to build 54 new electric vehicle fast charge locations