Have you got news our readers will want to hear?  Send us your appointment (or disappointment) notices, press releases, and industry news to: kolke@facilitycalgary.com

---

Would you like to advertise in FACILITYCalgary?  If you are interested in sponsorship/advertising, please contack: kolke@markkolke.com

CLICK HERE - 

FACILITYCalgary FREE

+ Calvin Younger to Director @ Genesis Land Development Corp.

+ David Ferguson to Director, Development @ Coast Hotels

+ Dervla Tomlin to Chief Risk Officer @ Great-West Lifeco Inc.

+ Jacques Cote to CFO @ Mobi724 Global Solutions Inc.

+ John Elford to Pres. & CEO @ EPCOR Utilities Inc.

+ John Hountalas to Sr. Exec. VP and Group Head, Canadian Banking @ CIBC

+ Khamphiou (KB) Brinkley to CFO @ BBTV

+ Laura Dottori-Attansasio, Sr. Exec. VP & Group Head @ CIBC, retired

+ Laura Dottori-Attansasio to CEO @ Element Fleet Management

+ Lucie Guillemette, Exec. VP & CCO @ Air Canada, retiring

+ Mathieu Germain to VP Corporate Dev. and Strategy Implementation, SANEXEN Environmental Services Inc. @ LOGISTEC Corporation

+ Rainer Stampfer to Pres, Global Operations, Hotels and Resorts @ Four Seasons Hotels and Resorts

+ Randy Mowat, Partner & Sr. VP, Marketing @ MNP, retiring

+ Sebastien Fournier to CEO @ Girardin Energy Inc.

+ Skip Bourdo to CEO @ Neighbourly Pharmacy Inc.

+ Stuart Lee, CEO @ EPCOR Utilities Inc., retiring

~ 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 ]

+ Frederick Reinders; founder of Maple Reinders companies; 92

+ ‘Hurricane Hazel’ McCallion; long time Mississauga Mayor; 101

+ City of Calgary bringing workers back to the office

+ hiring strategically in 2023

+ the art of appreciation

+ Tech Product Award – for 2022 – product of the year, ChatGPT, and ‘all winners and nominees’

+ the former CIO Strategy Council was relaunched as the Digital Governance Council; chair is Jim Balisllie

Our IFMA Calendar - save these dates for facility tours + networking events coming in 2023:

February 16 - to be announced

March 23 - Calgary Stampede
April 27 - ATCO headquarters 
May  - announcement soon
June 26 - IFMA Golf Tournament - details soon

Registration via our Events Page - click here

+ FortisAlberta launched a pilot project – an electric vehicle smart charging pilot

+ Imperial Oil green-lit/announced a go-forward with an expansion at it’s Strathcona Refinery in Edmonton; a renewable diesel expansion with a target production volume of 1.0 billion litres/yr. – capital cost, $720.0 million

+ Solartility Inc. is launching Alberta’s first virtual power plant

+ IWG announced it will open 9 flex work locations in 2023, and expects growth from 100 to 250 sites over the next three years; one of those will be in Calgary – in Deerfoot Atria

+ Parkland County (Acheson area – west of Edmonton), are establishing West Link Business Park; JV of Pannatoni Development Co and Fiera Real Estate Investments acquired 152 acres along Highway 16A

+ Rocky View County and City of Calgary reached an agreement to develop a new industrial corridor along Calgary’s SE boundary which, including some annexation land, will be an aggregate of 4,173 acres

+ Calgary Co-op announced the closing of its Beddington and Village Square locations due to flagging sales volumes

+ Lina’s Market opening it’s newest 3^rd/newest location in Inglewood

+ Jan. 31; Target Capital Inc., Annual General Meeting, Calgary

+ Feb. 1; CGI, Annual General Meeting of Shareholders, Montreal virtual only

+ Mar. 1; Alberta Beef Producers, Annual General Meeting, Red Deer

+ Mar. 8; Prodigy Venture Inc., Special Meeting of Shareholders, Toronto

+ Mar. 8; Servus Credit Union, Annual General Meeting, Edmonton

+ Mar. 28; Slate Office REIT, Annual and Special Meeting of Shareholders, Toronto

+ May 16; First Capital REIT, Annual and Special Meeting of Unitholders, Toronto

~ Canadian banks and life insurance companies got approval to do their 2023 annual meetings virtually

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

CLICK HERE - 

FACILITYCalgary FREE

link to Premiere used furniture website   OFFICE FURNITURE SALES

+ Managing done well is a listening profession, not a talking profession. – Tom Peters

+ Mindfuel launched its 100 Days of Youth Innovation program

FACILITYCalgary newsletters may not be reproduced, rewritten, distributed, re-disseminated, transmitted, displayed, published or broadcast, directly or indirectly in any medium without the prior written permission of MaxComm Communications - © Copyright 1999 - 2022 MaxComm Communications. All rights reserved. 

 weekly newsletter

Est. July, 1999

+ Bank of Canada raised interest rates again, ¼ of 1% this time to 4.5%, but with ‘softer language from Governor Macklem about future adjustments’; this is the 8^th consecutive ‘review’ involving a rate increase to control/flatten the rise in inflation – check out the overnight lending rate graph in the Globe’s story – a great etch-a-sketch/pacman drawing if I’ve ever seen one (c’mon, you gotta laugh about this, or you’ll cry)

+ banks followed B of C announcement on interest rates with prime lending rate bumps: BMO Financial Group, CIBC, Desjardins Group, Equitable Bank, Laurentian Bank of Canada, National Bank of Canada, RBC/Royal Bank, Scotiabank,  TD Canada Trust,

+ Bennett Jones/David Dodge and Richard Dion published an analysis of Risks to Sustainability of the Government of Canada’s Current Fiscal Plan (37-page PDF download) …

+ Birchcliff Energy Ltd. announced its 2023CapEx Budget is $260.0 million

+ BlackNorth Initiative, founded by Wes Hall, held its Inaugural BlackNorth Gala and award event

+ BMO Financial got regulatory approval for its acquisition of Bank of the West from BNP Paribas

+ Clear Blue Technologies International Inc. closed its acquisition of eSite Power Systems

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; WTI @ US$77/bbl, Brent @ US$84/bbl; China demand is firming up but markets are skiddish with OPEC+ and U.S. Federal Reserve meetings  coming up … tic toc …

+ Ernst & Young announced their EYU Entrepreneur of the Year Awards for 2022; check out nominees, winners, and profiles on the people

+ FACILITYCalgary, published free every Tuesday morning; focused on oil & gas, finance and real estate industry news; click here to sign up – please tell your colleagues and friends, or sign them up …

+ GOA – Government of Alberta– news/pre-campaign noise; hard to tell which is which: after a four-month search and investigating itself, searching for emails through November and prior had been deleted, the Premiers’ office and Justice department confirmed the Premier’s office had not pressured Prosecutors or the Justice Minister to soften or drop prosecutions, contrary to sources referenced in CBC reporting and the Premier has threatened to sue the CBC over it’s reporting of the pressuring | Alberta froze auto insurance rates till the end of 2023 | Alberta continues bluster and fight with Ottawa about ‘Just Transition’ – Premier pushes back, wants meeting and cooperation now that it appears to be a lot of noise about a stupid name choice | Moody’s upgraded Alberta’s long term credit rating to Aa2 from Aa3 |

+ Hemisphere Energy Corporation announced their 2023CapEx Budget is $14.0 million

+ HOUSING TRUTH, our residential newsletter for the greater Calgary area, will continue in 2023 as a quarterly publication – our year end 20220 report will be out soon; click here to sign up

+ Imperial Oil green-lit/announced a go-forward with an expansion at its Strathcona Refinery in Edmonton; a renewable diesel expansion with a target production volume of 1.0 billion litres/yr. – capital cost, $720.0 million

+ MONDAY MORNING MINUTE, our weekly ‘100 words from Mark + a quote’, now in 5^th year of starting readers with a quick inspiration thought – free subscription; click here to sign up

+ PROPERTY LINES, our commercial/investment newsletter covering Canada-wide news, will continue in 2023 as a quarterly publication – our year end 2022 report will be out soon; click here to sign up

+ reader contributions are always welcome. They help make our publication better; please forward comments and/or news items, and company/appointment announcements to kolke@facilitycalgary.com

+ rig activity in Canada

+ rig counts/utilization (active/working) – US: steady at 771 this week; Canada: up 6 to 247 this week; full breakdown and international rig counts

+ Rogers $26.0 billion takeover of Shaw saga continues; a Federal Court ruling denied the Competition Bureau’s appeal; government/cabinet still delaying a decision; Shaw, Quebecor and Rogers are happy; they agreed to extend their transaction completion dates to Feb. 17, 2023 … tic toc

+ Bank of Montreal is on the market to raise $650.0 million in preferred share equity

+ Clear Blue Technologies International Inc. closed $2.5 million equity raise by private placement

+ Garda World Security Corporation closed US$400.0 million sr. secured debt raise by private placement

+ Hydro One Limited is on the market to raise $1.05 billion in debt

+ Lion Electric Company closed US$7.5 million overallotment on its recent equity raise

+ Odd Burger Corporation closed $1.3 million first tranche of an equity raise by private placement

+ Prospera Energy Inc. closed $1.314 million equity raise by private placement

+ Ritchie Bros. Auctioneers Incorporated secured $485.0 million convertible preferred equity

+ Ritchie Bros. Auctioneers Incorporated secured $15.0 common equity raise

+ Royal Bank of Canada is on the market to raise $1.5 billion by a sub. debt issue

*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 …

+ Feb. 7; Edmonton Region Hydrogen Summit; save the date/information

+ Feb. 15-26; BUILDEX Vancouver, Vancouver Convention Centre West; info/register

+ Feb. 23-27 (different global regions each day; Global Property EXPO, virtual only; info/register

+ Mar. 13; 2023 Juno Awards – Rogers Place, Edmonton; tickets

+ Mar. 14-17; MIPIM 2023, Palais des Festivals, Cannes, France; registration is open

+ Apr. 4 & 5; BMO Capital Markets and Canadian Association of Petroleum Producers – Annual Energy Symposium, Investors Conference – save the date

+ Apr. 12; Business Transitions Forum, TELUS Convention Centre, Calgary; info/register

+ Apr. 23; Business Transition Forum, Alberta – Co-Chairs Kristina Williams and Cody Church – save the date; stay tuned for event registration and details

+ Apr. 23; Earth Day 2023 – theme is Invest in Our Planet

+ Apr. 25-27; Canadian Hydrogen Convention - , Edmonton Convention Centre; details/register

+ May 2-3; Williston Basin Petroleum Conference, Regina; save the date/call for presentations

+ May 9-11; Canada Ga & LNG Exhibition & Conference, Vancouver Convention Center; info/register

+ May 31-June 1; Inventures Canada Conference, TELUS Convention Centre, Calgary; registration/tickets

+ June 6-7; Global Energy Transition 2023, New York, NY; agenda, information/register

+ June 7-8; Global Energy Transition 2023. New York; info/register

+ June 12-14; NeoCon 2023 – THE MART, Chicago – call for presentations deadline Jan 31, 2023

+ June 13-15; Global Energy Show, Calgary – save the date

+ Sept. 17-21; 24^th World Petroleum Congress; Energy Transitions – the path to Net Zero – save the date

+ Sept. 28; Accessible Housing Annual Fundraising Gala, Silver Springs Golf Cub, Calgary – save the date

+ Oct. 18-19; BUILDEX Alberta, 20-24; Calgary – save the date

+ Nov. 7-8; Canadian Aerospace Summit, Ottawa - save the date

~~~

2024

+ Oct. 20-24; Greenhouse Gas Control Technologies Conference (GHGT), Telus Convention Centre, Calgary – save the date

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

+ On-Site’s Top 40 under 40 in Construction in Canada

+ Top 10 Canadian construction trends to watch in 2023

CLICK HERE - 

FACILITYCalgary FREE