FACILITYCalgary

FACILITYCalgary FREE

FACILITYCalgary FREE

+ Boardwalk REIT acquiring three properties – 324 doors, for $118.2 million from Cove Properties

+ Calgary Stampede – all time attendance record -1,477,953; rodeo champions win big

+ City of Calgary – water crisis: things aren’t back to normal yet, but nearly; pressure in the system is being slowing increased and bringing pumps online and further potential failures are being investigated: latest from the City of Calgary – outdoor lawn watering is still prohibited

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com; WTI @ US$81/bbl; Brent @ US$84/bbl ~

+ fire season 2024 is underway: Alberta wildfire concerns are well founded;   ~ Government of Canada updated its 2024 Wildfire Season forecast ~ 97 fires are active –  93 of those are new/2024 fires –  28 of those are out of control – most the fire activity is in the north parts of the province where conditions remain extremely dry; a fire-ban is in place for the entire Forest Protection Area of Alberta

+ fire season 2024 disruptions:  Suncor/Firebag production curtailed due to out-of-control fire; Cenovus pulling back staff at Sunrise oil sands project ; BC fire stats are growing too – holding at 150 fires

+ FACILITYCalgary, a sponsor-supported FREE weekly newsletter; ‘send time’ is early every Tuesday

+ MNP expanding its ag practice; acquired 6 companies (4R Agronomy, Annex Agro, Arrow Crop Management, Elite Ag, Max Ag Consulting, and Sure Growth Solutions)

+ 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 posting

+ 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

+ Strathcona Resources Ltd. announced $2.0 billion carbon capture partnership with Canada Growth Fund;

+ rig activity in Canada, courtesy of BOE Report

+ rig counts/utilization (active/working) – US: down 1 to 584 this week; Canada: up 14 to 189 this week

+ WestJet and its mechanics union ratified the settlement of their recent strike

+ world’s best new architecture – wow factor buildings!

+ Chris Jones, Coach/GM @ Edmonton Elks, sacked after 0-5 start for the season

+ Chris Speyer to Chief Merchandising Officer @ Mountain Equipment Co-op

+ Douglas MacLean to Director @ KV Capital

+ Elisabeth Hivon to Director @ Canada Infrastructure Bank

+ Hari Subramaniam to Director @ Canada Infrastructure Bank

+ Janet McEachern to Interim CFO @ MDA Space Ltd.

+ Janis Byrne to Director @ Canada Infrastructure Bank

+ Karl Smith to Director @ MDA Space Ltd.

+ Karl Villeneuve to VP and General Mgr. @ Messer Canada Inc.

+ Michel Chornet to CEO @ Enerkem Inc.

+ Rex Ahlstrom to Chief Strategy Officer @ Tecsys Inc.

+ Steven Harding, Property Mgr. @ BurnsWest Properties Ltd., retiring

+ Vince Gasparro to Director @ Canada Infrastructure Bank

+ Vivek Sood to Director @ Crombie 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 ]

+ Alex Janvier; extraordinary artist, founder of Professional Native Artists Inc.; 89

+ Norm Rousseau, distinguished and long serviing realtor @ MaxWell Capital Realty, 79

+ AltaGas Ltd. closed a $250.0 million debt raise

+ Bank of Montreal is on the market to raise US$750.0 million in debt

+ Clear Sky Land Lease Communities Fund I closed a $43.8 million equity raise by IPO

+ EQB Inc. is on the market to raise $150.0 million in sub debt

+ MCF Energy Ltd. is on the market to raise $4.4 million in equity by private placement

+ infinitii ai inc. closed a $1.0 million convertible debt financing

+ SHARC Energy Inc. closed a $2.0 million debt raise

+ best places to work in Canada

+ first half of 2024 – auto theft trend report

+ Strathcona Resources Ltd. announced $2.0 billion carbon capture partnership with Canada Growth Fund

+ Google’s parent Alphabet is reported to be near a deal to acquire Wiz for US$23.0 billion – it’s largest ever acquisition

+ world’s best new architecture – wow factor buildings!

+ CIMA+ published its 2023 ESG report

+ Boardwalk REIT acquiring three properties – 324 doors, for $118.2 million from Cove Properties

+ CAPREIT agreed to sell a portfolio of manufactured home communities in 75 Canadian communities, to  TPG Real Estate (12,138 residential lots) for $740.0 million

+ Lanesborough REIT unitholders rejected plan to sell all assets; independent trustees resign

+ REITrag covers activity and announcements on the activity of real estate investment trusts - REITs: - sign up at: https://markkolke.substack.com/s/reit-rag

+ Jim Pattison Group acquired Save Mart Companies, 200-store operation in California and Nevada

+ Mountain Equipment Co-op shaking up mgmt; great get to grab an REI star

+ Boardwalk REIT acquiring three properties – 324 doors, for $118.2 million from Cove Properties

+ CAPREIT agreed to sell a portfolio of manufactured home communities in 75 Canadian communities, to  TPG Real Estate (12,138 residential lots) for $740.0 million 

+ July 17; Westgate Energy Inc., Annual General Meeting of Shareholders, Calgary

+ July 23; Roots Corporation, Annual Meeting of Shareholders, Toronto

+ Aug. 9; Canaccord Genuity Group Inc., Annual General Meeting, Toronto

+ Aug. 20; Dye & Dunham Limited, Special Meeting of Shareholders, Toronto

+ Sept. 9; Datable Technology Corporation, Annual General Meeting, Vancouver

~ some guidance on conducting virtual shareholder meetings, provided by BD&P

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

+ Sept. 11-12; Oil Sands Expo, Fort McMurray, info/register

+ Sept. 23- 25; BOMEX 2024, hosted by BOMA Vancouver – save the date

+ Sept. 24-26; International Pipeline Expo 2024, Telus Convention Centre, Calgary

+ Sept. 25-27; CREW Network (Commercial Real Estate Women), 2024 Annual Convention, Vancouver – save the date

+ Oct. 20-24; Greenhouse Gas Control Technologies Conference (GHGT), Telus Convention Centre, Calgary – info / register

+ Nov. 5-6; 2024 Smart Energy Vancouver, Vancouver – save the date;

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

+ July 17; Calgary Construction Association - 80^th Anniversary Classic Golf Tournament, Springbank Links; info/register

+ Aug/ 16 – 18; Rogers Charity Classic/PGA Seniors Tour, Canyon Meadows; tickets/sponsors information tba

+ Sept. 4; 8^th Annual Little Warriors Golf Tournament, The Quarry Golf Course – Edmonton; registration/donations/sponsors

+ Sept. 18; GDM Golf Charity Classic, Inglewood Golf and Curling Club, Calgary; register

+ Sept. 23; Camp Chief Hector Golf Tournament, Bearspaw Golf Course, Calgary; register

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

+ “I think we could arguably say that this was 'The Greatest' of 'The Greatest Outdoor Shows on Earth',” - Joel Cowley. Calgary Stampede CEO

+  Against criticism we can neither protect nor defend ourselves; we must act in despite of it, and gradually it resigns itself to this. - Johann Wolfgang von Goethe

FACILITYCalgary FREE