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

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PUT YOUR 
COMPANY HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 
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SHAKERS AND MOVERS 
appointments and disappointments 

+ Andrea Limbardi to Pres. & CEO @ Reitmans (Canada) Limited

+ Andrew Iacobucci to CEO @ Rona Inc.

+ Brad Treliving to General Manager @ Toronto Maple Leafs

+ Clay Jacobson to Partner @ McLennan Ross

+ Craig Conroy to General Manger @ Calgary Flames

+ Daniel Simunac to Co-CEO @ Stonebridge Financial

+ David Holt to COO @ Tundra Oil & Gas

+ Filipe Da Silva to CFO @ Alimentation Couche-Tard

+ Giancarlo Petroro to CEO @ IJW & Co.

+ Gillian Holowisky to Partners @ McLennan Ross

+ Jason Kenney to Sr. Advisor @ Teneo

+ Keri Damen to Pres. & CEO @ Junior Achievement of Southern Alberta

+ Lenny Liscio to VP, Finance @ MOBIA

+ Martin Raymond to Pres. & CEO @ Fonds immobilier de solidarité FTQ,

+ Michael Sabia to CEO @ Hydro Quebec

+ Nancy Fahy to CFO @ Pluribus Technologies Corp.

+ Nancy Paquet to Exec. VP, Wealth Management @ National Bank of Canada

+ Peter Dubin to Chair, The NORR Group of Companies

+ Roberta Masson to Chief Development Officer @ Redberry Restaurants

+ Ryan Huska to Head Coach @ Calgary Flames

+ Sarfraz Habib to CFO @ Pineapple Inc.

+ Stephen Reitman to Executive Chair @ Reitmans (Canada) Limited

+ Stuart Lee to Director @ Aecon Group Inc.

+ Stuart Raftus to CEO @ Cannacord Genuity 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 ]




 REMEMBRANCE 

+ Larrie Boddy, distinguished Edmonton litigator, fit, fine and kind; 84




 HUMAN RESOURCES + WORKPLACE TRENDS 

+ Bell Canada Enterprises laying off 1,300 and will close or sell 9 radio stations; eliminating redundancies in the post-Shaw merger …




 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ City of Calgary to purchase 259 new zero-emission public transit electric buses; Canada Infrastructure Bank is providing $325.0 million




 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

+ June 21; IFMA Calgary, Lynx Ridge Golf Club, Calgary; golfer registration – learn about the charities we are supporting, add your name and support to our already committed sponsors & book for golf – singles, foursomes, or lunch; info, sponsor spots, golf registration – 4-somes $950, individual golfers $250, lunch only $50

+ 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 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 ]




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

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

 - 40 years in the industry
- Calgary and Edmonton

CONTACT MARK KOLKE 
 KEYNOTE SPEAKER AND WORKSHOP LEADER

My head is full of great ideas; I don't push, I serve. I help client solve real estate problems. Experience teaches a lot, and in my experience focusing on the solution without understanding the problem well first really limited the options which could be the best solution. For example, I helped a client reduce costs, reduce the size of their space substantially, negotiated a new long term lease without  them having to leave a building the love. The didn't have to move, change their address - but we changed some thinking. The office differently than in pre-pandemic times. 
If you have a problem to solve with a lease, with costs, and figuring out the future, we can help.





CONTACT MARK KOLKE 
 AGENT - SALES and LEASING - CONSULTING
Nearly 20 years in the industry - 20 years with MaxWell
20 year award from the Calgary Real Estate Board



 Sponsors of this week's issue:

EXECUTIVE SEARCH

 

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

64 OFFICES ACROSS 37 COUNTRIES



 
ROCKY VIEW COUNTY
Business & Economic Development



 
BennettJones.com



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



link to Premiere used furniture website
 
OFFICE FURNITURE SALES



+ IFMA Calgary Chapter annual golf tournament will be held June 21st @ Lynx Ridge – after a pandemic pause, returns this year, golfer registration – learn about the charities we are supporting, add your name and support to our already committed sponsors & book for golf – singles, foursomes, or lunch; info, sponsor spots, golf registration – 4-somes $950, individual golfers $250, lunch only $50 

Registration via our Events Page - click here




 REITs + TRUST NEWS 

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

+ May issue of REITrag coming this week; sign-up to subscribe to REITrag at: Monday Morning Minute / REITrag sign-up form – Monday Morning Minute is a weekly/free publication, REITrag is for paid subscribers only $4/month or $52/year




 SHAREHOLDER MEETINGS

+ June 21; Alvopetro Energy Ltd., Annual General and Special Meeting, Calgary – hybrid

+ June 21; BQE Water Inc., Annual General and Special Meeting, Vancouver

+ June 22; Africa Energy Corp., Annual and Special Meeting of Shareholders, Vancouver

+ June 22; Shamaran Petroleum Corp., Annual General and Special Meeting, Vancouver

+ June 22; Thinklific Labs. Inc., Annual General Meeting, Vancouver

+ June 27; BlackBerry Limited, Annual General and Special Meeting, Waterloo – virtual only

+ June 28; Nanalysis Scientific Corporation, Annual General Meeting, Calgary

+ June 29; FG Acquisition Corp., Shareholder Meeting, Toronto - virtual only

+ June 29; KnightHawk Inc., Adjourned Special Meeting, Calgary

+ June 30; Exro Technologies Inc., Annual General Meeting, Calgary

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

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

~ 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 ]




CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES



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
. . . . . . . . . . . . . . . . . . . . . . 



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NEWS SUMMARY 

 June 14 ~ 20 / 2023 


+ Alberta wildfires update: cash payments, emergency needs, accommodation

+ Alberta wildfire dangers are easing – cooler temperatures and rain have helped take some pressure off firefighters; currently 76 fires, 8 are not under control;

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; WTI @ US$71/bbl, Brent @ US$76/bbl

+ ESG acquired Pandell

+ FACILITYCalgary, a sponsor-supported FREE weekly newsletter; published every Tuesday morning at 6:00 AM (MDT); focused on oil & gas, finance and real estate industry news; click here to sign up – please tell your colleagues and friends, or sign them up …

+ Gibson Energy Inc. agreed to acquire a Texas coast export facility for US$1.1 billion

+ Glencore PLC agreed to sell its agriculture unit and Viterra Ltd. to Bunge Ltd. for US$8.2 billion

+ Government of Alberta is extending it’s fuel tax relief program until the end of 2023

+ IFMA Calgary Chapter annual golf tournament will be held June 21st @ Lynx Ridge – after a pandemic pause, returns this year, golfer registration – learn about the charities we are supporting, add your name and support to our already committed sponsors & book for golf – singles, foursomes, or lunch; info, sponsor spots, golf registration – 4-somes $950, individual golfers $250, lunch only $50

+ Jeremy Hansen named Parade Marshal for the Calgary Stampede Parade

+ Lucero Energy Corp. closed the sale of a portfolio of North Dakota assets for US$104.6 million

+ MONDAY MORNING MINUTE is now at Substack; get a weekly inspiration message and a selected quote in your in-box weekly; check out the new format; click here to sign up;  click here to this week’s message)

+ Ovintiv Inc. closed the sale of a portfolio of Midland and Bakken assets for US$4.275 billion

+ Oxford Properties Group and a partner acquired the Rimrock Resort Hotel in Banff for $170.0 million

+ Quarterhill Inc. sold all of its holdings in Wi-LAN Inc. for $71.4 million

+ reader contributions: always welcome. Please forward comments, news items, and company appointment announcements; if there you have we’ve missed, send it to kolke@facilitycalgary.com

+ REITrag – our new publication covering REITs: March/2023 ~ Issue #1; April/2023 – Issue #2; May/2023 – Issue #3 coming soon; sign-up to subscribe to REITrag at: Monday Morning Minute / REITrag sign-up form – Monday Morning Minute is a weekly/free publication, REITrag is available only for paid subscribers - $5/month or $52/year; monthly newsletter report of REITs, will be of interest and inform investors, asset managers, investors, agents/brokers on this growing and vitally important sector of the real estate industry; sign up get on the mailing list

+ rig activity in Canada

+ rig counts/utilization (active/working) – US: down 8 to 687 this week; Canada: up 23 to 159 this week; full breakdown and international rig counts

+ WestJet Group is folding planes and operations from Sunwing and Swoop into the WestJet fleet; they will continue to operate Sunwing Vacations and WestJet Vacations will be merged into a single business unit as well




THIS WEEK IN FINANCINGS 
- proposed & closed

+ CAE Inc. closed $400.0 million sr. unsecured debt raise by private placement

+ Criterium Energy Ltd. is on the market to raise $22.0 million in equity

+ Gibson Energy Inc is on the market to raise US$350.0 million in equity

+ Glengarry Farm Financial closed $50.0 million credit facility

+ GSoft secured $125.0 million funding

+ iA Financial Group is on the market to raise $400.0 million in unsecured sub debt

+ Northland Power Inc is on the market to raise $500.0 million in sub. debt

+ Royal Helium Ltd. closed $7.3 million in convertible debt by private placement

+ Twig Fertility completed $8.0 million funding round

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 …




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



 SAVE THE DATE / upcoming events

+ June 20-21; PetroChem Canada - East, Progressive Auto Sales Arena, Sarnia; info / register

+ June 21; Technology and Indigenous Development Summit, Metro Toronto Convention Centre; info/register

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

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

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

+ 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

+ 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 ]




 INTERESTING TRENDS IN RETAIL REAL ESTATAE ... 

+ Nike announced it will open it’s largest store in Canada at West Edmonton Mall

+ RONA Inc. announced a new structure, eliminating 500 positions, consolidating operations and brands

+ Voilà – grocery delivery began operations in Alberta; Safeway and Sobeys online ordering system will be run from a new 290,000 sq. ft. fulfilment cente in Rocky View County began operations June 19th




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ Scotiabank released its Inaugural Accessibility Plan

+ Starlight Investments released its 2022 ESG report

+ University of Montreal launching ESG institute


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