+ a holiday yesterday in the U.S.; markets closed, Martin Luther King Jr. Day holiday
+ Alberta Rebar Inc. filed an assignment in Bankruptcy; Grant Thornton is the Trustee
+ an inauguration in the U.S. yesterday; Donald Trump installed as 47th President of the United States; a flurry of executive orders expected, many of which will impact Canada – in particular threatened tariffs to be levied on Canadian goods entering the United States ... and, to the relief of Canadians, no tariffs announced ... but alluded to ‘as of February 1’ ..
+ and, in his inaugural address, President Trump led off with ‘America First’ bravado, as expected; southern (Mexico) border security, deportation of foreign illegals, aggressive enforcement against drug criminals and cartels, aggressively drill for oil & gas, revoking green-initiatives and electric vehicle incentives, tariff threats without specifics, immigration reform, male/female genders only, actions to reverse penalties for COVID regulation protesters, military strength build-up, retaking the Panama Canal, going to Mars, and predictions of the best 4 years in American history has begun....
+ and, threatened tariffs of 25% against Canadian exports to the United States did not manifest, yet, though Trump stated he is thinking about it for February 1; Trudeau government announcements have stated clearly that Canada has a response/retaliation plan in the works. Meanwhile, Premier Smith broke with other provinces on this issue and has been lobbying for the Trump administration to take a different view on energy strategies in cooperation with Canada, and CAPP members are speaking out too
+ Bank of Canada’s business outlook survey for 2025 – highest level of optimism since 2023
+ 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$76/bbl; Brent @ US$78/bbl ~ U.S. natural gas consumption spiking during arctic vortex cold weather ~ BOE’s 2025 Guidance Overview -
+ FACILITYCalgary, a sponsor-supported FREE weekly newsletter; ‘send time’ is early every Tuesday
+ fire season 2025 – 8 fires are active but ‘under control’ – 6 from 2024, 2 new fires in 2025
+ Government of Alberta lifted its ban on coal exploration in the Eastern Slopes
+ Irving Oil, after a strategic review, decided not to sell ...
+ 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
+ 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
+ NG Energy International Corp. agreed to sell a 40% interest in SINU-9 for US$150.0 million
+ 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 4 to 580 this week; Canada: up 13 to 229 this week
+ TD Bank Group doing a board shakeup to board and committees
