+ Dennis Blasutti to CFO @ RioCan REIT

+ Emmanuel Clarke to Director @ Intact Financial Corporation

+ James Sealey to Bus. Dev. Mgr., Western Canada @ DataVisual

+ Judy Steele to Director @ Vermilion Energy Inc.

+ Len Nanjad to Partner, Advisory Services @ MNP

+ Lauren Alexander to Global Talent Success Advisor @ mCloud Technologies Corp.

+ Manjit Sharma to Director @ Vermilion Energy Inc.

+ Mary Simon sworn in as Governor General @ Government of Canada

+ Nancy Golding to Director of Trus & Estate Law @ Moody’s

+ Ron Bedard to Pres. & CEO @ ArcelorMittal Dofasco

+ Russ Morrow to CEO @ Real Estate Council of Alberta (RECA)

+ Russell Starr to Executive Chairman @ DeFi Technologies Inc.

+ Scott Hamilton to Pres. & CEO @ Alberta New Home Warranty Program

+ Sharon Kozicki to Deputy Governor @ Bank of Canada

+ Shuja Goraya to Director @ Cathedral Energy Services Inc.

~ 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 ]

+ Alec Murray; retired Court of Queen’s Bench Judge, 89

+ Chuck McMann; CFL/Grey Cup winner, former Calgary Stampeders Assistant Coach, 70

+ 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 29; Drone Delivery Canada Corp., Annual and Special Meeting of Shareholders

+ 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 ]

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. 8; Hol ‘n Fun Charity Golf Tournament in support of Calgary Police Youth Foundation; information/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 ]

+ Canadian Pacific Railway Limited published its CP Climate Strategy

+ Inter Pipeline published its Heartland+Impact Report

+ Skyline Commercial REIT acquired 498,618 sq. ft. Canadian Tire distribution facility for $67.0 million

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

FACILITYCalgary FREE

+ Skyline Commercial REIT acquired 498,618 sq. ft. Canadian Tire distribution facility for $67.0 million

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

+ Calgary Flames and the City of Calgary have agreed to each kick in $12.5 million toward the construction of the new arena project. Also, city entity Rivers District will no longer oversee the project … Total cost is now pegged at $608.5 million – construction to start in December, 2021 – completion August, 2024

+ Springbank Off-Stream Reservoir project – getting a go-ahead, finally … $168.5 million in federal bucks promised in 2019, now re-promised and yet to be delivered. The ten-year project will cost $2.0 billion, and if keep our fingers crossed the project will get started before the next flood … maybe. Best we should not hold our breath!

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

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:

http://calgaryofficespace.com

http://facilitycalgary.com

http://markmusing.com

 weekly newsletter

Est. July, 1999

FACILITYCalgary FREE

+ Alaska-Alberta Railway Development Corporation declared bankrupt due to financing collapse

+ Aon and Wills have called off their US$30.0 billion merger – monopoly concerns …

+ Calgary City Hall has reopened after 15 months of lockdown

+ 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 90 candidates have filed nomination papers for the council’s 14 Ward seats

+ Cathedral Energy Services Ltd. agreed to acquire the directional drilling unit of Precision Drilling Corporation for $6.35 million

+ Certus Oil and Gas Inc. acquired Sitka Exploration Ltd.

+ COVID-19 in Alberta stats: 2,322 deaths to date, 1,083 active cases of 233,547 confirmed cases to date: aggregate Alberta data – currently, 83 Albertans are in the hospital with COVID-19, and 21 of those are in intensive care units; concern about variant D rising as new cases spike

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; crude prices recovering ~ WTI @ US$72/bbl, Brent @ US$74/bbl on tight supplies …

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

+ Kate Energy Holdings Inc. placed in receivership; Hudson & Company are trustees

+ Nanalysis Scientific Corporation Corp. acquired One Moon Scientific

+ Pembina Pipeline Corp. terminated its deal to take over Inter Pipeline Ltd. in the wake of an increased bid by Brookfield Infrastructure Partners LP.; Pembina will receive $350.0 millioni termination fee

+ Pieridae Energy Limited engaged advisors to explore alternatives through a strategic review process

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

+ Royal Bank of Canada announced a commitment to the Calgary Innovation Hub, will create 300 tech jobs in Calgary

+ rig activity in Canada

+ rig counts (active/working) – US: up 7 to 491 this week; Canada: down 1 to 149 this week; full breakdown and international rig counts

+ Shell Offshore Inc. announced it is going forward with its ‘Whale offshore platform’ in the Gulf of Mexico

+ Strathcona Resources Ltd. closed is acquisition of a portfolio of Montney assets

+ Test Drives Solutions Ltd. expanded to Canada; established Calgary as its Canadian HQ

+ Trans Mountain Pipeline got regulatory approval for a route change

+ Tidewater Midstream and Infrastructure Ltd. created a new entity, Tidewater Renewables Ltd.

+ Air Canada is on the market to raise US$2.75 billion in sr. secured debt

+ Anaergia Inc. closed $199.37 million equity raise and overallotment

+ Carebook Technologies Inc. is on the market to raise $14.0 millioin in equity

+ Clearford Water Systems Inc. secured US$1.4 million debt raise

+ Hope Well Capital Corp. closed $1.3 million tranche of an equity raise

+ Kadestone Capital Corp. secured $8.1 million bridge loan

+ Lumira Ventures closed US$255.0 million in equity

+ NuVista Energy Ltd. closed $230.0 million sr. secured debt raise

+ Properly raised $44.0 million in equity

+ Spectral Medical Inc. is on the market to raise $10.0 million in equity

+ StorageVault Canada Inc. closed $7.5 million over allotment of its recent equity raise

+ Strathcona Resources Ltd. closed $500.0 million sr. unsecured debt financing

+ TIMIA Capital Corp. closed $5.6 million equity raise

+ Toronto Dominion Bank is on the market to raise $1.75 billion in debt

+ Western Forest Products Inc. secured $250.0 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 …

+ Calgary Flames and City of Calgary have agreed to each kick in $12.5 million toward construction of the new arena project. Also, city entity Rivers District will no longer oversee the project … Total cost now pegged at $608.5 million – construction to start in December, 2021 – completion August, 2024

+ Carbon Uncycling Technologies and Lafarge Canada teamed up; they’ll work on commercializing embedding carbon dioxide in concrete additives …

+ PBA Group ‘topped off’ their Dorioan’ dual-flag hotel project

+ 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

+ Sept. 30-Oct. 3; Calgary Fall Home Show, Stampede Park, Calgary, info/book a booth

+ 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 ]