FACILITYCalgary

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

FACILITYCalgary May 6/25

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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



SHAKERS AND MOVERS 
appointments and disappointments 

+  Andrée Savoie to Trustee @ Killam REIT

+ Christophe Owttrim to Exec. Dir., Technology and Innovation @ Emissions Reduction Alberta

+ Emmanuel Owusu to Director @ Alberta Human Rights Commission

+ Glen Clark to VP Business Development @ Westcor Construction Ltd.

+ J.P. Towner, CFO @ Dollarama, resigned

+ Joanna Bernard to Interim National Chief @ The Assembly of First Nations

+ Katherine Henderson to Pres. & CEO @ Hockey Canada

+ Kyle Morgan to Business Development Manager @ Westcor Construction Ltd.

+ Michael Holditch to Interim CFO @ Big Rock Brewery

+ Ron Love, CFO @ Big Rock Brewery, resigned

+ RoseAnne Archibald, National Chief @ Assembly of First Nations, ousted

+ Shant Poladian to Trustee @ Killam REIT

+ Tim McCreight to VP Business Dev. @ Apollo Information Systems

+ Troy Boisjoli to CEO @ Atha Energy Corp.

~ 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 ]




 HUMAN RESOURCES + WORKPLACE TRENDS 

+ Canada’s best tech workplaces for 2023 according to Tech Talent

+ Employee Engagement trends in 2023 – McLean & Company report

+ Rogers completed its Shaw merger and is now laying off redundant staff and positions; they’ve got a unique program, offering voluntary departure packages




 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ Freshbay Inc. in JV with Novus Earth for a $29.0 million geothermal project near Hinton




 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

+ July 11; Airdrie Business Club, 7th Annual Charity Golf Tournament, Woodside Golf Course, Airdrie; info/register

+ July 13; Coast Hotels, 21st Annual Shu Naito Golf Classic, Tsawwassen Springs Golf Club, Delta, BC; info/register/charity information

July 20; Rotary “Kids at Heart” Golf Classic, in support of Between Friends, New Heights School and Youth Centres of Calgary at Cottonwood Golf & Country Club, Calgary; sponsor, register to golf.

+ July 21; Alberta IoT – 4th Annual Golf Tournament, Lynx Ridge Golf Club, Calgary – register

+ Sept. 11; Rotary Stay In School Charity Golf Classic, Glencoe Golf & Country Club, Calgary; sponsor, register to golf

+ Sept. 21; Calgary’s 65 Roses Ladies Golf Classic in support of Cystic Fibrosis Canada, The Winston Golf Club, Calgary; info/registration

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

+ send us your 2023 tournament information – we are happy to post them here

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




 Mark Kolke - Agent/Realtor
VP Commercial, MaxWell Capital Realty

...

Pres, PLANDflex Corporation
- publisher, FACILITYCalgary
- publisher, Monday Morning Minute
- publisher, REITrag

CONTACT MARK KOLKE 
 AGENT - SALES and LEASING - CONSULTING
Nearly 40 years in the industry in Alberta; Edmonton (1972-1999)/in Calgary since 1999
 20 years with MaxWell / 20 year member Calgary Real Estate Board

- writer
- emcee
- speaker
- publisher
- facilitator
- interviewer

- sales
- leasing
- consulting
&
- rural land 
- residential
- commercial

 - 40 years in the industry
- Calgary and Edmonton

Mark Kolke, DTM, VP Commercial - MaxWell Capital Realty
6204B Burbank Road SE, Calgary, AB T2H 2C2
. . . . . . . . . . . . . . . . . . . . . . 
Consultant - Special Purpose Projects, P3, Education Facilities
Agent - Investment Sales; Office, Industrial & Retail Leasing
A full-service real estate practice:
Commercial - Investment Sales & Leasing | Consulting | 
Agricultural | Residential Sales | Land | Property Management | 
 
Phone/Text: (403)-312-8359 / email: kolke@markkolke.com 
PLANDflex Corporation / Consulting Services
Editor / Publisher - FACILITYCalgary
MaxWell Capital Realty / VP Commercial /Agent/Realtor
. . . . . . . . . . . . . . . . . . . . . . 



 SHAREHOLDER MEETINGS

+ July 21; Agra Venture Ltd., Annual General & Special Meeting, Vancouver

+ Aug. 2; NXT Energy Solutions Inc., Annual Meeting of Shareholders, Calgary

+ Aug. 22; Lanesborough REIT, Annual General Meeting of Unitholders, Winnipeg

~ 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 ]


 Sponsors of this week's issue:



link to Premiere used furniture website
 
OFFICE FURNITURE SALES



 


 
 
EXECUTIVE SEARCH

 
 

Oliver Baezner, Managing Partner
oliver.baezner@altopartners.ca

64 OFFICES ACROSS 37 COUNTRIES

 


 
ROCKY VIEW COUNTY
Business & Economic Development



PUT YOUR 
COMPANY HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 
SEE YOUR 
BRAND HERE



BennettJones.com



Visit: https://falkbuilt.com/
~
E-mail: thom.hinton@falkbuilt.com
~
DIGITAL COMPONENT CONSTRUCTION



PUT YOUR 
COMPANY HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 
SEE YOUR 
BRAND HERE



 CONSTRUCTION and BUILDING SERVICE NEWS 

+ renovation to MNP Centre at Lindsay Park set to start in spring 2024; City of Calgary and Government of Alberta have committed $85.0 million for the project




 REITs + TRUST NEWS 

+ REITrag covers REITs: March/2023 ~ Issue #1; April/2023 ~ Issue #2 ; May/2023 – Issue #3




 KUDOS 

+ to Nancy Southern, CEO @ ATCO Ltd. named Canadian Energy Person of the year for 2023




CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES





PUT YOUR 
COMPANY HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 
SEE YOUR 
BRAND HERE



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NEWS SUMMARY 

 July 5 ~ 11 / 2023 


+ Calgary Stampede is underway; July 7-16 – website/tickets/information

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; WTI @ US$73/bbl, Brent @ US$78/bbl; Deloitte are predicting a modest increase in oil priced this quarter

+ FACILITYCalgary, a sponsor-supported FREE weekly newsletter; published Tuesdays at 6:00 AM (MDT); Calgary news focused on oil & gas, finance and real estate industry; click here to sign up

+ fires and floods; Alberta wildfire concerns remain on high alert for a very dry summer and active fire season. Cooler temperatures and rain have helped take some pressure off firefighters but flooding has impacted some communities; currently 118 fires are burning in Alberta, 5 are not under control

+ Freshbay Inc. in JV with Novus Earth for $29.0 million geothermal project near Hinton

+ Government of Alberta – the Premier announced the government’s cabinet committees

+ Highwood Asset Management Ltd. agreed to acquire Castlegate Energy Ltd., Boulder Energy Ltd. and Shale Petroleum Ltd. for $139.0 million

+ interest rate watchers are expecting the Bank of Canada to raise interest rates again this week … tik tok

+ Irving Oil is conducting a strategic review; may sell the company

+ MONDAY MORNING MINUTE - a weekly inspiration message and a selected quote in your inbox weekly; check out the new format; click here to sign up;  click here for this week’s message)

+ reader contributions: are always welcome. Please forward your comments, news items, and company appointment announcements; them to kolke@facilitycalgary.com

+ REITrag – is our publication covering REITs; it is available by subscription; March/2023 ~ Issue #1; April/2023 – Issue #2; May/2023 – Issue #3; sign-up form – get on our mailing list

+ rig activity in Canada

+ rig counts/utilization (active/working) – US: up 6 to 680 this week; Canada: up 8 to 175 this week; full breakdown and international rig counts

+ TransAlta Corporation to acquire TransAlta Renewables Inc.

+ Vancouver port strike continues – affecting all Canadians and a major problem for businesses still recovering from post-pandemic supply chain problems; the federal government is dragging its feet by not legislating this essential service back to work

+ Vincent Communications and Controls Ltd. acquired Exo Splicing Inc.

+ West Fraser Timber Col. Ltd. agreed to sell it’s Hinton pulp mill to Mondi Group plc, who plan a major expansion of the plan and product lines

+ wildfire season – Government of Canada update/forecast; Alberta municipalities to get costs reimbursed by the province of Alberta




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Highwood Asset Management Ltd. is on the market to raise $35.0 million in equity

+ Nanalysis Corp. secured a $15.0 million credit facility

+ NG Energy International Copr. is on the market to raise $35.0 million in convertible debt

+ Quimbaya Gold Ltd. is on the market to raise $1.0 million in equity by private placement

+ Reconnaissance Energy Africa Ltd. is on the market to raise $6.5 million in equity

+ Sun Life closed $500.0 million debt raise

editor’s note: names of 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 …




 SAVE THE DATE / upcoming events

+ July 24; Calgary Heritage constituency – Federal By-Election

+ Aug. 10-11; Aerospace, Defence and Security Expo, Tradex, Abbotsford, BC; info/register

+ Sept. 12 – 14; The Carbon Canada Conference, Edmonton Convention Centre, Edmonton; info/register

+ Sept. 13-14; Oil Sands Conference (Shell Place) & Trade Show (Suncor Community Leisure Centre) , Fort McMurray; conference / trade show

+ Sept. 15-17; 7th World Geothermal Congress, Beijing, China -  info - register

+ Sept. 17-21; 24th World Petroleum Congress; Energy Transitions – the path to Net Zero, BMO Centre, Stampede Park / registration; early bird registration is open; exhibition features – what, where, when

+ Sept. 26-28; BOMEX Edmonton 2023; JW Marriott/Ice District, Edmonton; details/registration open

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

+ Oct. 27; Classroom Champions, Concert for Classrooms – Barney Bentall & The Caribou Express, Bella Concert Hall, Calgary; info/tickets (link to highlights of 2022 Toronto concert) ; save the dates – Calgary, Oct. 27 / Toronto,Nov. 2

+ Nov. 1-2; Supply Change, Conference & Expo, Westin Airport, Calgary; info / register

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

+ Nov. 14-15; Oilfield Electrification Technology Conference, Hyatt Houston West, Houston; register, submit abstracts

~~~

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 ]




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ MD Financial Management Inc. published its ESG criteria

+ Tamarack Valley Energy Ltd. published its 2023 Sustainability Report

+ Tridel Corporation published its Inaugural ESG Report

+ Well Health Technologies Corp. published its 2022 ESG report




 INFRASTRUCTURE + P3 

+ The Calgary Airport Rail Connection Study is being conducted as a joint project by the City of Calgary and Government of Alberta




 INTERESTING TRENDS IN RETAIL 

+ Global Fuels Inc. agreed to acquire Greenery’s Canadian retail business – 242 retail gas and convenience store locations; terms not disclosed




 INTERESTING TRENDS IN OFFICE 

+ A.I. is transforming workplace design


Unless otherwise noted, everything on this website is Copyright  Protected - © 1999 - 2025 - Mark Kolke, Publisher / MaxComm  Communications/Waterglass Press, units of PLANDflex Corporation, all rights reserved.


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

this site last updated May 6, 2025