FACILITYCalgary

news, commentary & perspective - financings, deals - commercial real estate, infrastructure, oil & gas

FACILITYCalgary May 6/25

ARCHIVED ISSUES

CONVERSATIONS

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CONVERSATIONS

This week's conversation with Laura Newcombe, Director Property Management, Calgary @ GWLRA

A recent conversation with Going Wild's Brian Keating

A recent conversation with Noreen Music, Managing Director @ Organize My Space

A recent conversation with Kim Moody, CEO @ Moodys Tax Law LLP

Click here to access the archive (2012-2020) : archived conversations with fascinating Calgarians ...



SHAKERS AND MOVERS 
appointments and disappointments 

+ Al Nejad to Cost Estimator Consultant @ AECOM

+ Alan Simpson, Director @ Aegis Brands Inc., resigned

+ David Hutchens to Pres. & CEO @ Fortis Inc.

+ David Roberts, Director @ Redline Communications Inc., resigned

+ Denise Kinghorn to Chief Development Officer @ Ronald McDonald House Charities Alberta

+ Elizabeth Stewart to Partner @ Soby Boden Lenz LLP

+ Gary Hart to Pres. & COO @ AltaLink

+ Hon. James Moore to Director @ Xplornet Communications

+ Ian Reid to VP Strategic Pursuits @ Bird Construction

+ Ian Sutcliffe, Director @ Ballard Power Systems Inc., retired

+ Jamie Huckabay, Chief of Staff, Premier’s office @ Government of Alberta, fired

+ Kathleen Stelmach to Mgr., PR & Communications @ Staples Canada

+ Kevin Keyes to Partner @ Miller Thomson

+ Larry Kaumeyer to Interim Chief of Staff, Premiers’ Office @ Government of Alberta

+ Lynn Loewen to Director @ Xplornet Communications Inc.

+ Mark Roberge to COO & CFO @ Royop Development Corporation

+ Paul Andreola to Director @ Atlas Engineered Products Ltd.

+ Ric McIver to Interim Minister of Municipal Affairs @ Government of Alberta

+ Tamara Smith to Associate Director, Development @ Ronald McDonald House Charities Alberta

+ Tracy Allard, Minister of Municipal Affairs @ Government of Alberta, removed from cabinet

+ Trish MacPherson to Partner @ Alignvest Student Housing REIT

~

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 ]




 MEMORIAM 

+ Andrew Hartnett; Sgt., Calgary Police Service, killed in the line of duty; 37

+ Joe Corral; front line health worker at Bethany Riverview; 61

+ Senator Elaine McCoy, for Calgary West MLA and Alberta Cabinet Minister, 74

+ Wilma Pelly,  Muscowpetung Saulteaux First Nation residential school survivor, actress, star of North of 60; 83




 HUMAN RESOURCES + WORKPLACE TRENDS 

+ digital connectivity for remote workers

+ how to beat the January blues




PUT YOUR 
ADVERTISEMENT HERE
 request details/rate quotes:  kolke@facilitycalgary.com 
SEE YOUR 
BRAND HERE



 FOR SALE -  Eau Claire Estates condo 


CLICK HERE FOR VIRTUAL TOUR

JUST REDUCED: extraordinary 2 bedroom condominium in Eau Claire Estates - $455,000 - $440,000; contact Mark Kolke or Jamie Giszas

 


 SAVE THE DATE / upcoming events

+ Jan. 4-7; FemPreneurs – Leadership & Marketing Conference, info/register

+ Jan. 26; Calgary Real Estate Board, Annual Forecast 2021 [virtual event], Calgary, info/tickets

+ Feb. 9-11; Egypt Petroleum Show, Egypt International Exhibition Center, Cairo, Egypt; info/register/call for papers

+ Feb. 23-24; 20th Annual RealCapital Conference (being held virtually), info/sponsors/speakers

+ May 12-13; Business Transitions Forum, Westin Edmonton; info/registration

+ May 13-16; Word Economic Forum, Special Annual Meeting 2021 (postponed and moved from Davos), Singapore;

+ May 31 – June 1; Egypt Petroleum Show, Cairo, Egypt; info/registration

+ June 6-18; CERI 2021 Petrochemical Conference, Kananaskis Mountain Lodge; program; sign up/register

+ June 22-23; Petrochem Canada, Sunbridge Hotel & Convention Centre, Saria; info/registration

+ July 23 – Aug. 8; Tokyo Olympics – 2021 Summer Games

+ Sept. 21 - 23; Global Energy Show, Stampede Park, Calgary, info/registration

+ Oct. 4-6 [REVSIED DATE]; NeoCon, the Mart, Chicago; info

+ Dec. 6-9; World Petroleum Congress, Houston; info/registration

~

2022

+ Feb. 17-18; Canadian Concrete Expo, International Centre, Mississauga, ON; save the date

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




 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

+ please send us your 2021 events

+ Aug. 11-15; Shaw Charity Classic – PGA Champions Tour Event, Canyon Meadows Golf and Country Club, info/website

~

[please send your charity golf event notices to  kolke@facilitycalgary.com ]




 OUR MEDIA PARTNERS 

+ GLOBAL ENERGY SHOW   - postponed to Sept. 21-23, 2021; North America's Leading Energy Event, Stampede Park - Calgary, Canada

+ Check out this year’s GLOBAL ENERGY AWARDS winners




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 THIS WEEK'S HEADLINES


IN THIS ISSUE: Alberta COVID – stats | R.I.P. Andrew Hartnett, Joe Corral, Elaine McCoy, Wilma Pelly – extraordinary Calgarians all | this week’s deal news + Laura Newcome interview + rig counts + upcoming events, appointments + REIT NEWS + ESG reports + financings + quotes + kudos




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OFFICE MOVERS



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EXECUTIVE COACHING



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DIGITAL COMPONENT CONSTRUCTION



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SEE YOUR 
BRAND HERE





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CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES



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OFFICE AND INDUSTRIAL LEASING



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 - 2020 MaxComm Communications. All rights reserved. Domains operated by MaxComm Communications:

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 weekly newsletter

Est. July, 1999

~
Mark Kolke, Publisher

NEWS SUMMARY 
 Dec. 29 / 2020 ~ Jan. 5 / 2021 


+ Alberta COVID-19 stats: 1,142 deaths to date, 13,839 active cases of 105,535 confirmed cases to date: aggregate Alberta data – currently, 905 Albertans are in the hospital with COVID-19, and 136 of those are in intensive care units – 2,847,016 tests have been administered to Albertans so far …

+ Alberta instituted new restrictions effective December 8th; with the balance of measures taking effect at midnight December 13th; it’s masks, stay home, closing or severely limiting or closing many business operations

+ ABTraceTogether – get the APP; GOA app is being questioned as to its effectiveness (it needs to be running all the time); Kenny government resisting adoption of the Federal Gov’t COVID tracing app

+ ARROW Exploration Corp. closed US$12.0 million sale of a Columbia asset to COG Energy Ltd.

+ Caldwell Partners International Inc. acquired IQTalent Partners

+ Cenovus Energy Inc. completed its acquisition/combination with Husky Energy

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; crude prices softened this week … inventory concerns and uncertainty about OPEC+ group holding production levels for February

+ Ensign Energy Services Inc. announced its 2021CapEx Budget is $50.0 million

+ HOUSING TRUTH – monthly residential newsletter: HOUSING TRUTH – CLICK HERE TO SIGN UP for our mailing list  – - December issue, archived issues

+ Moodys Tax launched a tax newsletter -

+ nominations are now open for City of Calgary 2021 Municipal Elections

+ PROPERTYlines;  – monthly commercial real estate newsletter  CLICK HERE to CHECK OUT THE December issue; Archived PROPERTYlines Issues

+ rig activity in Canada

+ rig counts (active/working) – US: up 3 to 351 this week; Canada: down 23 to 59 this week; full breakdown

+ Source Energy Services Ltd. completed its recapitalization transaction

+ Topaz Energy Corp. closed two acquisitions; $130.0 million and $16.0 million

+ Wajax Corp. agreed to acquire Tundra Process Solutions Ltd. for $99.1 million

+ Western Energy Services Corp. announced its 2021CapEx Budget is $10.0 million

+ Whitecap Resources Inc. closed its all-stock acquisition of NAL Resources Limited

+ White Rose write-down; Suncor is taking a $425.0 million impairment charge relative to its 27.5% interest in the White Rose asset and West White Rose Project joint venture




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Air Canada closed $850.0 million equity financing

+ Canstar Resources Inc. closed $1.286 million equity financing

+ Cardinal Energy Ltd. closed $16.24 million equity financing by private placement

+ Cardinal Energy Ltd. closed $4.06 million debt financing

+ Marble Financial Inc. closed $2.0 million equity financing by private placement

+ MAS Gold Corp. closed #3.06 million equity financing by private placement

+ Nippon Dragon Resources Inc. closed $1.924 million equity financing by private placement

+ QuestCap Inc. is on the market to raise $5.0 million in equity

+ Siyata Mobile Inc. closed US$12.945 million equity financing

+ Skylight Health Group Inc. closed $13.8 million equity financing

+ SLE Synergy Ltd. closed $2.5 million equity financing by private placement

+ SQI Diagnostics Inc. closed $4.0 million equity raise by insiders via a warrants exercise

+ Western Energy Services Corp. secured $12.5 million credit facility

~

*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 …




 CONSTRUCTION NEWS + BUILDING INNOVATIONS  


+ A’ Design Awards – world design rankings 2020

+ 1,300 beds of long-term care construction contracts won by EllisDon and PCL in GTA

+ 2021 – top 10 Canadian construction trends to watch




 SHAREHOLDER MEETINGS

+ Jan. 12; Alberta Real Estate Association, Annual General Meeting, Edmonton

+ Feb. 8; Interlapse Technologies Corp., Annual General and Extraordinary Meeting, Vancouver

+ Feb. 23; Siyata Mobile Inc., Annual General Meeting, Vancouver

~

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




 INFRASTRUCTURE + P3 


+ Government of Canada investing $5.0 million in Alberta Midland Railway; assembly/storage spots for 460 railcars, 40,000 feet of new track




 INTERESTING NEW IN OFFICE AND RETAIL REAL ESTATE 

+ Brookfield Asset Management Inc. is bidding to restructure – planning to purchase a major stake in Brookfield Property Partners LP in a proposed US$5.9 billion deal … tic toc




 QUOTES 

+ Only those who will risk going too far can possibly find out how far one can go. – T.S. Eliot

+ Forget past mistakes. Forget failures. Forget Everything except that you’re going to do now and do it. – Will Durant




 KUDOS 

+ to some extraordinary Albertans named to the Order of Canada; Bob Steadward, Lori West, Arthur Bergmann, John Brink, James Holland, Larry Macdonald, Doug Stollery, and Frances Wright – all the details of 61 new appointees




  GLOSSARY + ABBREVIATIONS + ACRONYMS 

CLICK HERE FOR FULL GLOSSARY  




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Our mailing address is: 6204B Burbank Road SE, Calgary, T2H 2C2, Canada

this site last updated May 6, 2025