FACILITYCalgary

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

FACILITYCalgary May 13/25

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CONVERSATIONS

Click here to read a recent conversaton with Mitzi Murray, Executive Director of THIRD ACTion FIlm Festival

Click here to access the archive (2012-2021) : archived conversations with fascinating Calgarians ...



SHAKERS AND MOVERS 
appointments and disappointments 

+ Albert Sommerfeld to Assistant VP @ Infrastructure BC

+ Amanda Dowdell to Commercial Account Executive @ Toole Peet Insurance

+ Ann Powell to Director @ Open Text Corporation

+ Chris Sharpe to Partner @ Clark Wilson

+ Dan Putnam to Sr. VP, Head of Residential Mortgages @ CMLS Financial Ltd.

+ David Curtis, Exec. Chair @ Longview Aviation Capital, retiring

+ David Knight Legg, CEO @ Invest Alberta, resigned

+ Don Callahan to Director @ Scotiabank

+ Elissa Monk to Director, Western Canada @ Hays

+ Gregory Goff, Director @ Enbridge Inc., resigned

+ Gurpreet Lail to Pres. & CEO @ Petroleum Services Association of Canada (PSAC)

+ Jacqueline Le Saux to Director @ XOERX Therapeutics Inc.

+ Jason Elvy to Director, Bus. Dev. @ Q Construction Management Ltd.

+ Joel Cowley to CEO @ Calgary Stampede

+ John Cardiff to Sr. VP Corporate Finance @ Centron Group

+ John Culver to COO and Group Pres., North America @ Starbucks

+ John Roach to Gen. Mgr. Operations @ Dominium

+ Mahmud Jamal to Justice @ Supreme Court of Canada

+ Marcus Shapiro, Director @ Katipult Technology Corp., resigned

+ Melissa Lee to CFO @ Daiya Foods

+ Michelle (Shelly) Harrison to Director @ Doman Building Materials Group Ltd.

+ Orianne Henderson to Director of Leasing, Calgary @ Qualico Commercial

+ Pascale Tremblay to Chief Assets Officer @ Innergex Renewable Energy Inc.

+ Peter Lineen to Exec. VP HSE @ Bird Construction

+ Ryan Michel to Chair @ Insurance Bureau of Canada

+ Sandra Stuart to Director @ Canfor Corporation and Canfor Pulp Products Inc.

+ Sandy Douglas, CEO @ Staples, resigned

+ Stephanie Abt to Human Resources Mgr. @ The LITA Group of Companies

+ Stephen Boulton to Director @ ONE Development Corporation

+ Tania Clarke to Director @ BDC

+ Tom Hayes to Director @ Maple Leaf Foods Inc.

+ Tony Berthelet to Pres. & CEO @ Prairie Provident Resources Inc.

+ Vivek Jain to Director @ BDC

~ 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 

+ business travel slow recovery

+ does back to work mean low morale?

+ most employers planning a staggered return to offices

+ winning habits for remote work




 COMMUNITY VOLUNTEER OPPORTUNITIES 

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

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




PUT YOUR 
COMPANY HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 
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 SHAREHOLDER MEETINGS

+ June 22; Optiva Inc., Annual and Special Meeting of Shareholders, virtual-only

+ June 23; ShaMaran Petroleum Corp., Annual General Meeting of Shareholders, virtual-only

+ June 23; Terra Firma Capital Corporation, Annual Meeting of Shareholder, virtual-only

+ June 23; Winpak Ltd., Annual General Meeting of Shareholders, virtual-only

+ June 24, Pizza Pizza Royalty Corp., Annual Meeting of Shareholders, virtual-only

+ June 28; Titanium Corporation, Annual and Special Meeting, virtual-only

+ June 29; ENMAX Corporation, Annual Meeting with its Shareholder, virtual-only

+ June 29; HealthSpace Data Systems Ltd., Meeting of Shareholders, virtual-only

+ June 29; SIR Royalty Income Fund, Annual General Meeting, virtual-only

+ June 29; K-Bro Linen Inc., Annual General Meeting, virtual-only

+ July 12; K.B. Recycling Industries Ltd., Annual and Special Meeting of Shareholders, virtual-only

+ July 15; MTY Food Group Inc., Annual General Meeting of Shareholders, virtual-only

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

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




  GLOSSARY + ABBREVIATIONS + ACRONYMS 

CLICK HERE FOR FULL GLOSSARY  




 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ Grassy Mountain coal project opponents are happy; Joint Review Panel are thumbs-down – full report is a 680 page PDF download




 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

Please send us your events:

+ July 16; Alberta IoT, 2nd annual Golf Tournament, Lynx Ridge Golf Club, Calgary; info/register

+ 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. 24; Alberta Cancer Foundation Golf Classic, Country Hills Golf Club; 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

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




 OUR MEDIA PARTNERS 

+ GLOBAL ENERGY SHOW   - postponed to Sept. 21-23, 2021; North America's Leading Energy Event, Stampede Park - Calgary, Canada

+ Check out this year’s GLOBAL ENERGY AWARDS winners




 CONSTRUCTION NEWS + BUILDING INNOVATIONS  


+ Parliament’s Centre Block restoration costs pegged at $5.0 billion

+ architects from 13 cities named 2021 RAIC Fellows: extra kudos to Albertans Shafraz Kaba and John Savill




 QUOTES 

+ Life is short, wear your party pants. – Loretta LaRoche

+ Professional success requires … drive, initiative, commitment, involvement, and – above all – enthusiasm. – Tom Peters




 KUDOS 

+ to PSAC and its members – their 27th Annual STARS & SPURS Gala campaign raised $1.0 million for STARS




 THIS WEEK'S HEADLINES


Alberta COVID stats | Alberta Phase 3 re-opening July 1st | crude prices continue to rise | Grassy Mountain coal stopped | Pembina/TC Alberta Carbon Grid | Suncor rescue for Terra Nova | Westley Hotel opening + deals + rig counts + upcoming events, appointments + REIT NEWS + ESG reports + financings + quotes + kudos



 Sponsors of this week's issue:

Visit: Levvel.ca
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E-mail: connect@levvel.ca
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OUR SERVICES



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



PUT YOUR 
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The Level Seton - Rental by ROHIT
For showings and information, call Jenn at 587-600-1960 

e-mail CalgaryRentals@rohitgroup.com
 
NEW RENTAL HOUSING



e-mail Kevin Phone
 
OFFICE MOVERS



Request a consult
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Visit: https://www.moodystax.com
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E-mail: kmoody@moodystax.com
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OUR SERVICES

TAX LAWYERS


TAX ACCOUNTANTS



Contact Zelos for a free consultation today
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Visit:  www.zelosglobal.com
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Video Conference:  Booking Calendar
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E-mail: kareen@zelosglobal.com

 LEADERS IN PRIVATE WEALTH MANAGEMENT



BennettJones.com



Visit: https://www.incito.ca/
~
E-mail:  inspire@incito.ca

EXECUTIVE COACHING



RETAINED EXECUTIVE SEARCH - For more information, click here.



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CLICK HERE to sign up for Housing Truth newsletter 



CLICK HERE to sign up for PROPERTYlines



CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES

RESIDENTIAL SALES



 CORPORATE RESPONSIBILITY + ESG REPORTS 


+ Birchcliff Energy Ltd. published its 2020 ESG Report

+ Crombie REIT published its inaugural Sustainability Report

+ Rogers Sugar Inc. published its first ESG Report

+ Transcontinental Inc. published its 2020 Corporate Responsibility Progress Report




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Est. July, 1999

~
Mark Kolke, Publisher



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NEWS SUMMARY 
 June 15 ~ 22 / 2021 


+ Alberta COVID-19 stats: 2,292 deaths to date, 2,003 active cases of 231,419 confirmed cases to date: aggregate Alberta data – currently, 214 Albertans are in the hospital with COVID-19, and 56 of those are in intensive care units

+ Alberta COVID-19 re-opening strategy -  July 1 – PHASE 3 – full reopening

+ Alberta Lottery – get your shot, win $1.0 million! … seriously, you can; GOA is giving  3 X $1.0 million lottery prizes as part of a scheme to get more Albertans vaccinated. If you have already had 1 or 2 shots, you’re eligible too …

+ Alberta Vaccine program moving forward, acceleration of 2nd dose administration and 1st shots for children 12-16

+ Alexis Nakota Sioux Nation acquired 100% of Backwoods Energy Services

+ABTraceTogether – get the APP

+ Big Rock Brewery Inc. closed $2.1 million sale of its Etobicoke facility

+ Calgary Council Derby, lots of horses in this year’s races: City of Calgary 2021 elections; now there are 18  candidates running for mayor: Ian Chaing, Jan Damery,  Jeremy 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, and David oZone Clark. 80 candidates have filed nomination papers for council’s 14 Ward seats

+ Calgary’s State of Emergency status was lifted on Monday, June 14th ; City Council is leaving the mask bylaw in place until at least July 5 …

+ Canadian Pacific continues to lobby for its deal to acquire Kansas City Southern notwithstanding the higher-priced CN bid; they are lobbying hard against CN’s proposal, use of a voting trust and – in their view – an inferior merger in terms of routes, competitiveness in the sector and service to its customers … tic toc

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; crude prices continue to rise; WTI @ US$73/bbl, Brent @ US$74/bbl ~ this narrowing of the spread is interesting, due largely to a reopening of the U.S. economy and OPEC+ keeping their promises on production …

+ Government of Canada border-travel regulations remain in effect until July 21st; meanwhile, fully vaccinated travellers may return without the requirement to quarantine

+ Government of Canada approved the NOVA Gas Transmission Ltd.’s Edson Mainline Expansion Project

+ Grassy Mountain coal project opponents are happy; Joint Review Panel are thumbs-down – full report is a 680 page PDF download

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

+ Inter Pipeline Ltd. and Pembina Pipeline Corporation continue their efforts to complete their merger deal and fend off Brookfield; meanwhile, Brookfield have indicated plans to make a higher bid … tic toc

+ NAME CHANGERS: Fronsac REIT changed its name to Canadian Net REIT

+ NAME CHANGERS: West Canadian Digital has rebranded as WCD

+ North American Construction Group Ltd. secured a US$2.75 billion contract to provide Red River floodway mitigation in Fargo, ND

+ Pembina Pipeline Corporation and TC Energy Corporation agreed to ‘jointly develop’ a carbon transportation and sequestration system: The Alberta Carbon Grid

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

+ rig activity in Canada

+ rig counts (active/working) – US: up 9 to 470 this week; Canada: up 24 to 117 this week; full breakdown and international rig counts

+ Royal Bank of Canada launched a new venture: RBCx – a service package for entrepreneurs

+ The Westley Hotel, downtown Calgary’s newest boutique hotel (630-4 Ave SW) opens June 29th with a Grand Opening on July 6th; 104-key full service hotel will fly the Hilton Tapestry Collection flag; Silver Hotel Group renovated a building formerly occupied by Birchcliff Energy’s head office

+ SECURE Energy Services Inc. and Tervita Corporation got creditor and court approval for their plan of arrangement

+ Suncor Energy Inc. and Terra Nova co-owners reached agreement for future of the Terra Nova Field and facilities; Suncor ownership to go from 38% to 49%

+ West Canadian Digital has rebranded as WCD




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Algonquin Power & Utilities Corp. is on the market to raise $1.0 billion in equity

+ Anaergia Inc. is on the market to raise $175.0 million in equity by IPO

+ dentalcorp Holdings Ltd. closed $82.0 million overallotment of its recent IPO

+ Frontera Energy Corporation closed US$400.0 million sr. unsecured debt raise

+ FuelPositive Corporation closed $5.0 million equity raise by private placement

+ Government of Canada is coming to market with a green bond offer – looking to raise $5.0 billion; HSBC and TD are handling the sale

+ Introhive closed $100.0 million VC raise

+ JustKitchen Holdings Corp. closed $17.5 million equity raise

+ Liberta Defense Holdings Ltd. closed $7.12 million equity financing by private placement

+ NorthWest Healthcare Properties REIT closed $201.4 million equity raise

+ Precision Drilling Corporation closed US$400.0 million sr. debt raise

+ Restaurant Brands International Inc. is on the market to raise $800.0 million in sr. secured debt

+ SECURE Energy Services Inc. is on the market to raise $200.0 million in sr. unsecured debt

+ SQI Diagnostics Inc. closed $3.9 million equity raise by an insiders’ warrants exercise

+ Stack Capital Group Inc. closed $107.0 million equity raise by IPO

+ The Very Good Food Company Inc. is on the market to raise $18.0 million in equity

+ VerticalScope closed $125.0 million equity financing by IPO

+ Videotron Ltd. closed US$500.0 million sr. debt raise

+ Videotron Ltd. closed $250.0 million sr. 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 …




 INFRASTRUCTURE + P3


+ North American Construction Group Ltd. secured a US$2.75 billion contract to provide Red River floodway mitigation in Fargo, ND




 SAVE THE DATE / upcoming events

+ June 22-23; Petrochem Canada, Sunbridge Hotel & Convention Centre, Saria; info/registration

+ July 9 – 18; Calgary Stampede, details being finalized; no chuckwagon races: here’s the Q + A ….

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

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

+ 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

+ 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 ]




 INTERESTING REAL ESTATE NEWS FROM OTHER PLACES 

+ Artis REIT agreed to sell its 28-property/2.5 million sq. ft. portfolio of GTA for $750.0 million

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




 INTERESTING TRENDS IN RETAIL ... 

+ Decathalon (1,600 stores worldwide) will open a 70,000 sq. ft. sporting goods store in South Centre

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


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 13, 2025