+ Aidan Mills to CEO @ Northstar Clean Technologies Inc.

+ Amar Keshri to CFO @ XORTX Therapeutics Inc.

+ Anita Sehgal to Director @ Reitmans (Canada) Limited

+ Anthony Busse to Head of Sales, Americas @ Firstlight Media

+ Arnel Santos to EVP & COO @ mCloud Technologies Corp.

+ Cory Pichota to Pres. & COO @ Mantle Materials Group Ltd.

+ Dany Pelletier to Exec VP, Investments @ Fonds de solidarite FTQ

+ Darshpreet Bhatti to CEO, Green Line LRT @ City of Calgary

+ David Taylor to Director @ PI Financial Corp.

+ Earl Reynolds to Pres. & CEO @ Bonavista Energy Corporation

+ Gillian Reitman to Director @ Reitmans (Canada) Limited

+ Irfhan Rawji to Director @ PBA Group of Companies

+ Janice Dubiansky to Pres. @ Westcourt Capital Corporation

+ Jerilyn Dressler to COO @ Trellis Society

+ Jessica Davey to VP Land & Director @ Desert Mountain Energy Corp.

+ Jim Grimes to Interim Pres. & CEO @ Predictiv AI Inc.

+ Joe Perry to VP Operations @ Chandos Construction

+ Julie Filion to Director @ Reitmans (Canada) Limited

+ Keith McGrath to CEO @ NOHA

+ Michael Aucoin to CEO @ Eat Beyond Global Holdings Inc.

+ Michael Bodnar to Principal, Forensic Technical Services @ HKA

+ Paul Deegan to Pres. & CEO @ News Media Canada

+ Peter Zissos to Global Leader, Sulphur, Agriculture & Forestry @ Shell

+ Renee Lewis Glover to Director @ Tricon Residential Inc.

+ Roberta Jamieson to Director @ Royal Bank of Canada

+ Sage Askerov to Project Coordinator/Architectural Technologist @ Rick Balbi Architect Ltd.

+ Stewart Schaefer to CEO & Pres. @ Sleep Country Canada Holdings Inc.

+ Tara Madden to Lead Partner, Learning & Development @ AltaGas Ltd.

+ Terri O’Brien to CEO @ Équité Association

+ Todd Karran to Director @ PBA Group of Companies

+ Tom Zais to CEO @ Burnco Rock Products 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 ]

+ mental health watch – are leaders overlooked?

+ promoting a fun workplace

+ webinar fatigued? You’re not alone!

+ THIRD ACTion Film Festival, is seeking volunteers – get in on the action, great films and a fascinating volunteer experience – info/apply - DONATE

[please send your community board notices to  kolke@facilitycalgary.com ]

+ July 20; K.B. Recycling Industries Ltd., Annual and Special Meeting of Shareholders, virtual-only

+ July 22; Calgary Co-Op, Annual Meeting, Glenmore Inn and Convention Centre

+ July 29; Inter Pipeline Ltd., Special Meeting of Shareholders, virtual-only

+ July 29; Pembina Pipeline Corporation, Special Meeting of Shareholders, virtual-only

+ Aug. 13; EXFO Inc. Special Meeting of Shareholders, virtual-only

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

+ Shell Canada, B.C. and federal governments will each invest $35.0 million to create a Clean Energy Centre; will open this fall, location to be announced

+ TransAlta Corporation completed its second of three ‘coal-to-gas’ conversions of power generation facilities at Wabumun; Keephills Unit 2 conversion is now complete at a capital cost $31.5 million

Please send us your events:

+ Aug. 11-12; Priddis Greens Charity Classic in support of the Prostate Cancer Centre, Priddis Greens Golf & Country Club, Priddis – info/register

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

+ Aug. 12; Glenn Anderson Day of Golf, in support of the Cross Cancer Institute, Derrick Golf & Winter Club, Edmonton – info/sponsor/save the date

+ Aug 19; Western Roses CF Golf Tournament, Elbow Springs Golf Course, Calgary; info/register

+ Aug. 24; Alberta Cancer Foundation Golf Classic, Country Hills Golf Club; info/register

+ Aug. 26-28; 70^th Annual CEEA Forum & Oilmen’s Golf Tournament [keynote speaker, Rex Murphy], Fairmont Banff Springs, info/register

+ Sept. 8; Little Warriors Charity Golf Tournament, The Quarry course, Edmonton; info/details/donate;  register

+ Sept. 9; Kerby Centre Charity Classic, Carmoney Golf Club, Calgary; info/registration

+ Sept. 13; 65 Roses Ladies Golf Classic, Earl Grey Golf Club, Calgary; info/registration

+ Sept. 22; CAOEC Golf Tournament, Elbow Springs Golf Club, Calgary; info/sponsor - register

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

+ I think that’s the beauty of the Olympics. There’s always a story. There’s always someone you’re invested in. There are so many Olympic moments that resonate with people all across Canada, and I think that’s the beauty of it. – Tessa Virtue

+ Just as at the Olympic games it is not the handsomest or strongest men who are crowned with victory but the successful competitors, so in life it is those who act rightly who carry off all the prizes and rewards. – Aristotle

+ You have to beat the king to be the king. No one is going to hand you a gold medal. – Donovan Bailey

+ I still can’t believe I won the Olympics. That’s what I feel right now – completely alive as a human being. It’s a really beautiful moment. – Clara Hughes

FACILITYCalgary FREE

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

+ Aug. 28; Enbridge Tour Alberta for Cancer; sign up for free, no minimums – cycle from anywhere and any distance – pedal for progress; info/register

+ Sept. 12-15; Digital Construction World, Dubai World Trade Centre, info/register

+ Sept. 15-16; Oil Sands Conference & Trade Show, Fort McMurray; program -  info/register

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

+ Sept. 22-23; Canadian Apartment Investment Conference, online/virtual – info/registration

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

+ Oct. 20 -21; Calgary Real Estate Forum, virtual format; agenda/sponsor/register to attend

+ Oct. 20-21; BOMEX Virtual 2021, The New Normal?, annual conference; save the date/mailing list, call for presenters

+ Nov. 9-10; ISA, Calgary Show – Expo & Conference, Telus Convention Centre, Calgary; save the date / submit a paper (deadline is June 7) / conference brochure/register

+ Nov. 5; 7^th Annual Peter Burgener Charity Concert for Classrooms with Barney Bentall and the Cariboo Express, Bella Concert Hall, Mount Royal University; save the date

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

~

2022

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

+ Mar. 31 – Apr. 1; National Heavy Equipment Show, International Centre, Mississauga; save the date

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

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 - 2021 MaxComm Communications. All rights reserved. Domains operated by MaxComm Communications:

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 weekly newsletter

Est. July, 1999

FACILITYCalgary FREE

+ borders: another sign an election is coming, US border opens (with restrictions) for fully vaccinated travellers on August 9^th; further restrictions may ease on September 7^th … tic toc

+ Brookfield Infrastructure Partners continues in its pursuit of Inter Pipeline Ltd.; they upped their offer to $8.58 billion (US$6.85 billion), and the Inter Pipeline Board Committee is evaluating it; … proxy advisory firm ISS recommends the new Brookfield offer over the Pembina deal

+ Calgary Council Derby, City of Calgary 2021 elections; now there are 20  candidates running for mayor: Ian Chaing, Jan Damery,  Jeromy Farkas, Brad Field, Emile Gabriel, Jyoti Gondek, Larry Heather, Dean Hopkins, Kevin Johnston, Zane Novak,Teddy Ogbonna, Sunny Singh, Shaoli Wang,  Grace Yan, Zac Hartley, Grant Prior, Jeff Davidson, David oZone Clark., Paul Michael Hallelujah, Mizanur Rahman, and 88 candidates have filed nomination papers for council’s 14 Ward seats

+ Calgary Stampede 2021 is over – the return was subdued but happy; over 600,000 people attended a reduced program event, which is both encouraging and confirmation many Calgarians aren’t comfortable yet with crowds; kudos to all staff and volunteers!

+ Cardinal Energy Ltd. closed its $27.5 million acquisition of Venturion Oil Limited

+ Crown Capital Partners Inc. closed the divestment of its majority stake in Crown Private Credit Partners Inc.; ownership group includes management participants, Canadian Western Bank, Concentra Bank and Mount Logan Capital Inc.

+ COVID-19 in Alberta stats: 2,316 deaths to date, 605 active cases of 232,806 confirmed cases to date: aggregate Alberta data – currently, 100 Albertans are in the hospital with COVID-19, and 27 of those are in intensive care units; Premier Kenney says the pandemic is over, while many others beg to differ …

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; crude price correction – off US$5.00 yesterday as OPEC+ group impasse is sorting-out; anticipated increasing production ~ and predications of US$80/bbl are floating around now … tic toc

+ Government of Canada announced support for 207 new rental housing units in Calgary; Sunalta Heights Phase 1 at 1538-10 Ave Swe will get $74.7 million low-cost loan; Interloq Capital is the developer

+ Grand Touring Automobiles expanding its representation – in Calgary, and for the prairies; locations across three dealerships in Calgary  - Glendeer Circle and Heritage Drive: Aston Martin, Automobili Pininfarina, Bentley, Bugatti, Jaguar, Karma, Koenigsegg, Land Rover, Lamborghini, Lotus, Polestar, RIMAC, Rolls-Royce and Volvo

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

+ International Fitness Holdings Inc., International Fitness Holdings LP and World Health North LP (21 locations) in Calgary and Edmonton declared bankrupt; assets have been sold; KPMG is the trustee

+ NAME CHANGERS: Highwood Oil Company Ltd. changed its name to Highwood Asset Management Ltd.

+ Nisga’a Nation partnership is proposing a $55.0 billion westcoast LNG ‘Ksi Lisims LNG project teaming with Western LNG and Rockies LNG Partners

+ Perpetual Energy Inc. created Rubellited Energy Inc.

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

+ rig activity in Canada

+ rig counts (active/working) – US: up 5 to 484 this week; Canada: up 13 to 150 this week; full breakdown and international rig counts

+ Topaz Energy Corp. agreed to $145.0 million acquisition of Montney assets from Tourmaline Oil Corp.

+ Tourmaline Oil Corp. closed its acquisition of Black Swan Energy

+ TransAlta Corporation completed its second of three ‘coal-to-gas’ conversions of power generation facilities at Wabumun; Keephills Unit 2 conversion is now complete at a capital cost $31.5 million

+ Air Canada is on the market to secure US$5.35 billion in credit facilities

+ Bank of Montreal is on the market to raise $1.0 billion in sub. debt

+ Canadian Net REIT is on the market to raise $17.5 million in equity

+ CHIP Mortgage Trust closed $125.0 million debt raise

+ Cliffside Capital Ltd. closed $4.5 million equity raise

+ GreenFirst Forest Products Inc. is on the market to raise $167.5 million in equity by a rights offering

+ NuVista Energy Ltd. is on the market to raise $230.0 million in sr. unsecured debt

+ Royal Bank of Canada closed US$750.0 million debt financing

+ Seaspan Corporation closed $750.0 million debt raise

+ ShaMaran Petroleum Corp. is on the market to raise US$300.0 million in debt

+ Strathcona Resources Ltd. is on the market to raise US$500.0 million in sr. unsecured debt

+ StorageVault Canada Inc. closed $50.0 million sr. unsecured debt finanancing

+ Summit Industrial Income REIT closed $225.0 million unsecured debt raise

+ Timbercreek Financial Corp. closed $5.0 million overallotment of its recent convertible debt raise

*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 …

+ Calgary to Banff passenger rail project – is it on track?

+ crane safety – look up, look way up!

+ GREEN LINE got a GREEN LIGHT; City of Calgary Green Line got a GOA approval and GOC funding commitment: $1.53 billion from each + $1.59 billion from the City of Calgary – largest infrastructure project in Calgary’s history

+ Tokyo Olympics facilities – check them out

+ Calgary Parking Authority completed a 50,000 sq. ft. of office space within the 500 stall parking garage new build; great design if you like pipes – but you have to wonder what City Council was thinking when the downtown core has so much vacant supply of both office space and parking capacity – because surely they saw the trends before they put a shove in the ground to build this. Oh yes, room for 99 bicycles too; the price tag $80.0 million …

+ Canada Infrastructure Bank ‘to consider’ investing in the $1.0 billion Calgary-Banff rail plan … tic toc

+ EllisDon will lead the project – an unsolicited project proposal to the GOA; Prairie Link High-Speed Rail Project secured an MOU with the GOA to build a high-speed rail link connecting Edmonton and Calgary; this is a project that has been floated several times in the past without success – so, maybe, in the fullness of time, it could happen. The estimated capital cost is $22.4 billion. Here’s the key: right of way + many bridges/tunnels and interchanges, so it’s not so much the cost of the rails and cars – it’s having a clear path of travel. Like I said, ‘in the fullness of time’ …

*information in this section, relevant to Alberta/Calgary – for national and international news, go to our PROPERTYlines monthly publication

+ across Canada, as re-openings post-COVID shutdowns is shaking out in several areas of difficulty for retailers: staffing up is difficult, and unsold previous season inventories for fashion retailers – while inventories are slow (sitting on the water waiting to unload container ships), increased freight costs/delays pose cash flow/liquidity problems are huge challenges for many retailers

+ Grand Touring Automobiles expanding its representation – in Calgary, and for the prairies; locations across three dealerships in Calgary  - Glendeer Circle and Heritage Drive: Aston Martin, Automobili Pininfarina, Bentley, Bugatti, Jaguar, Karma, Koenigsegg, Land Rover, Lamborghini, Lotus, Polestar, RIMAC, Rolls-Royce and Volvo

*information in this section, relevant to Alberta/Calgary – for national and international news, go to our PROPERTYlines monthly publication

+ BioHarvest Sciences Inc. published its inaugural Environmental Sustainability Report

+ Precision Drilling Corporation published is  Annual Corporate Responsibility Report

+ Suncor Energy Inc. published its 2021 Report on Sustainability and Climate Report