FACILITYCalgary

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FACILITYCalgary May 6/25

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 THIS WEEK - NEWS SUMMARY 

  January 22 ~ 28, 2025 


 
 QUOTES 

+ I always did something I was a little not ready to do. I think that's how you grow — when there's that moment of, 'Wow, I'm really not sure I can do this,' and you push through. ~ Marissa Mayer




 
 KUDOS 

+ to all those lawyers – yes, the Alberta Law Foundation gave $26.8 million to the University of Calgary for program to reduce trauma of family disputes 


 


 
 


 
- 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

 
                                                                                                

 
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BennettJones.com

 
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 CHARITY - Not-for-profit - fundraising ...

 we love to help charities - in particular, child focused organizations, supporting and promoting them to help them do their great work; please pause a moment, click a link below to get more information and then ... consider making a donation. Every donation, however modest, goes a long way ... 

 
                                                                                                

 
I GIFT SIGHT

 
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.

 
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We are an education hub of scientific, evidence based knowledge that focuses on teaching healthy habits for children, for life. We want their brains to be powered and nourished through healthy eating and physical activity. Nutrition and activity build better brains and bodies.

NSTEP is different than other health promotion programs in its success at being accepted, integrated and supported by school staff and administration at all levels of the education system. Our programs are sought after by teachers because they provide curriculum and activities that teaches children and youth how to build communities inside the places they spend the greater part of their lives.


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  NEWS THIS WEEK  


+ Alberta Beef Producers call for diplomatic solutions vs. tariffs

+ Bank of Canada interest rate announcement date tomorrow; media and economist coverage consensus seems to favour a 1/4 of 1%/25 basis-points cut ...

+ Bunge Global SA’s for its $34.0 billion takeover of Viterra Limited got Government of Canada approval

+ Canada Border Services Agency discontinuing permits for cross-border hiking on the north-south Pacific Crest Trail

+ Cardinal Energy Ltd. announced its 2025CapExBudget is $201.0 million

+ City of Calgary – Green Line decisions imminent – Council reviewing reports this week, while community response is negative, provincial strong-arm position rethinking design and routes looming

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~  WTI @ US$73/bbl; Brent @ US$77/bbl ~ prices soften in wake of Trump call for increased drilling and appeal to Saudis to reduce prices; meanwhile Trump is taking measures to remove bans on Alaska and offshore drilling, and ordered a review of all LNG projects on the heels of declaring a ‘national energy emergency’ which he followed with declarations that Canadian oil and gas is not necessary, though the U.S. produces less than it needs and he announced ceasing purchases from Venezuela...

+ 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

+ fire season 2024 lingering ... Jasper rebuild funds in doubt/jeopardy

+ Fireball Equipment Ltd. rebranded as Innoflo Solutions Inc.

+ Government of Canada – race to replace the Prime Minister as Leader of the Liberal Party: 6 candidates – Carney, Freeland, Gould, Battiste, Baylis and Dhalla – approved by the party, 1 – Arya - turned away

+ Gran Tierra Energy Inc. announced its 2025CapExBudget is $260.0 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

+ 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

+ RBC published its Climate Action 2025 report

+ 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 576 this week; Canada: up 16 to 245 this week

+ Trump 2.0 – U.S. government actions and threats from President Trump continue to impact markets, political postures of all Canadian governments, as the extent of negotiations in media and behind doors continues to still interest and controversy; Canadian officials are in Washington ... tic toc ...

+ Tuktu Resources Ltd. announced its 2025CapExBudget is $$6.85 million

+ Western Energy Services Corp. announced its 2025CapExBudget is $20.0 million




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SHAKERS AND MOVERS 
appointments and disappointments 

+ Brian Arnone to Chief Strategy Officer @ Showpass

+ Chad Lemke to Exec. VP & CCO @ GLJ Ltd.

+ Christine Leppard to Director, Collections & Curatorial @ Glenbow Museum

+ Deliany Sather to Director, Product and Internal Operations @ Hopewell Residential

+ Dew Sik Lew, Managing Director & Cooperating SEC Witness @ BMO Capital Markets, dismissed

+ Dexter John to CEO @ Financial Regulatory Authority of Ontario

+ George Reznik to CFO @ Light AI Inc.

+ Holly Smithson to Director @ Syantra Inc.

+ Jacqueline Sanjuas to Global Heade, Financial Crime and Risk Management @ TD Bang Group

+ Jessica Toppazzini to VP & Managing Dir., Western Canada @ CMLS Financial

+ Joanne Aime to CEO @ Wellspring Alberta

+ Jordan Shapiro to Managing Partner @ Level5 Strategy

+ Judith Menard to Exec VP Commercial & Private Banking @ National Bank of Canada

+ Laura Lane to VP & Chief Corporate Affairs Officer @ Chevron Corporation

+ Mia Huntington to Chief Sales & Marketing Officer @ Moneris Solutions Corporation

+ Michael Denham to Exec. VP & Vice Chair @ National Bank of Canada

+ Neil Carew to COO @ Wagepoint

+ Patrick Pichette to Interim CEO @ Realtor.ca Canada Inc.

+ Savinay Berry to EVP & Chief Product Officer @ Open Text Corporation

+ Terri King to Director @ Ovintiv Inc.

+ Tracy Bellingham to Exec. VP & COO @ GLJ Ltd.

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 

+ Garth Toombs; retired HR executive, community leader, Rotarian, volunteer, kind man; 89




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Big Rock Brewery Inc. closed an $8.4 million equity raise by private placement

+ Bonterra Energy Corp. closed a $135.0 million sr. secured debt financing

+ BTB REIT closed a $40.25 million convertible debt financing

+ Else Nutrition Holdings Inc. is on the market to raise US$1.2 million in convertible debt

+ Canada Post secured $1.034 billion in debt

+ Cinareo Solutions Inc. secured a $1.0 million funding

+ Meduxus Pharmaceuticals Inc. is on the market to raise $30.0 million in equity

+ Odd Burger Corporation closed a $1.43 million equity raise by private placement

+ RioCan REIT is on the market to raise $500.0 million in sr. unsecured debt

+ Royal Bank of Canada is on the market to raise $1.5 billion in sub debt

+ Simply Solventless Concentrates Ltd. is on the market to raise $5.0 million in convertible debt by private placement

+ Spartan Delta Corp. is on the market to raise $85.0 million in equity

+ Vermilion Energy Inc. is on the market to raise US$400.0 million in sr. unsecured debt

+ Vermilion Energy Inc. secured a $450.0 million credit facility




 HR Resource + Workplace Trends + HSE 

+ Alberta’s Top Employers 2025 – winners + reviews

+ Amazon shuttering warehouses in Quebec to stop union push; staff layoffs

+ corporate culture survey – Waterstone Capital survey, open till Feb 16 – take the survey

+ ECO Canada published its Environmental Worker Salary Insights 




 TECHNOLOGY / AI Trends 

+ DeepSeek’s AI caused a news sensation; it’s stock surged, others fell sharply – as DeepSeek is heralded as a game-changer technology




 RISK 

+ best auto rates study

+ Climate Risk globally for 2025 – report from Aon plc




 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ Emerald Awards for Environmental Excellence 2025 Nominations Now Open till Feb 10th

+ RBC published its Climate Action 2025 report




 CONSTRUCTION - BUILDING SERVICES 

+ City of Calgary planning document setting the tone for the next 30 years is DELAYED; now to address land use, and transportation of the Calgary Plan pushed back to 2026 ... Mayor and Council waffling without a lot of clarity 




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ ECO Canada published its Environmental Worker Salary Insights 




  INFRASTRUCTURE + P3 

+ City of Calgary addressing erosion damage; repairs pending for Glenmore Reservoir

+ fluoride equipment installation progress; fluoridation to commence March 2025

+ Olympic Oval is aging; Calgary’s speed skating palace is 38 years old and in danger ...




 REITs + TRUST NEWS 

+ Primaris REIT acquired a portfolio of properties for and simultaneous disposition; $724.0 million involved acquisition of 50% of Southgate Centre in Edmonton, 100% of Oshawa Centre buy cash and LP units; they also sold properties in Sherwood Park and Guelph

+ 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: RETAIL 

+ Peavey Mart has applied for CCAA creditor protection; closing its 90 Peavey Mart stores and 6 MainStreet Hardware locations; store closing sales underway




 INTERESTING TRENDS: MULTI-RES 

+ City of Calgary ‘blanket rezoning bylaw’ challenge was denied earlier this month; advocates now planning to appeal

+ four indigenous community groups chosen approved by City of Calgary for construction on city owned land for affordable housing - $75K/door funding from the city

+ YARDI published their Q4/2024 RECAP - Multifamily Market Overview




  SHAREHOLDER / INVESTOR MEETINGS 

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

+ Jan. 29’ CGI Inc., Annual General Meeting of Shareholders, Montreal

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

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

+ Feb. 21; Payfare Inc., Special Meeting of Shareholders, Toronto

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

+ Mar. 21; Genefi Inc., Special 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. 29; Bank of Canada interest announcement

+ Jan. 30; 2nd Annual Pucks for Prostates Charity Hockey Tournament, Parkdale Community Ass’n Outdoor Rink – team registrations/donations

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

+ Feb. 20; Toronto Hydrogen Summit; International Centre, Toronto

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

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

+ 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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this site last updated May 6, 2025