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FACILITYCalgary May 6/25

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 THIS WEEK - NEWS SUMMARY 

  June 19 ~ 25, 2024 


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- FACILITY Calgary - now in it's 26th year - every Tuesday morning - getting better, growing our audience, offering 'things you want to know' to people who want to know it

                                                                                                    

We are plesed to announce our relationship with iGIFTsight - Calgary-based Canadian charity with a Canada-wide mission; if you've not heard about iGIFTsight, I urge you to invest a few moments of your time. 
Sincerely, Mark Kolke, Publisher, FACILITYCalgary

For information regarding iGIFTsight:

- donations and planned giving arrangments for iGIFTsight - contact: Mark Kolke: mark.kolke@igiftsight.ca 
- for program information or to learn more about iGIFTsight programs, click here, or contact Mr. Aly Bandali,  Pres. & CEO: alyb@igiftsight.ca 
For further reading, Download ' i GIFT sight - case for support '

                                                                                                    

 
 Sponsors of this week's issue:

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

 


 
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ROCKY VIEW COUNTY
Business & Economic Development

 
 
                                                                                                    

 
CONTACT MARK KOLKE 
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  NEWS THIS WEEK  


 

+ Advantage Energy Ltd. completed it’s $445.0 million acquisition of Charlie Lake and Montney asset portfolio

+  Alberta NDP Leadership race is over; new leader Naheed Nenshi won a first ballot victory in a four candidate field with 86% of the votes cast. Nenshi does not currently hold a seat in the legislature

+ Chestermere by-elections; fired members of council and a large field of candidates as Chestermere residents went to the polls yesterday

+ City of Calgary – LOCAL STATE OF EMERGENCY DECLARED – water main repairs continue: progress report

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com; WTI @ US$81/bbl; Brent @ US$86/bbl ~

+ fire season 2024 is underway: Alberta wildfire concerns are well founded;   ~ Government of Canada updated its 2024 Wildfire Season forecast ~ 17 fires are active –  13 of those are new/2024 fires –  2 of those are out of control

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

+ Frontenac Mortgage Investment Corporation are conducting a strategic review

+ Go Auto acquired Audi Royal Oak

+ Government of Canada – the Trudeau government has enraged many Canadians with the passage of Bill C-59; we are hearing from many corners that the ‘greenwashing’ provisions of the bill will stifle legitimate opinion on environmental issues; Alberta Government outrage, a great primer by Blakes, BD&P’s take, CAPP claims it muzzles Canadian businesses, The Pathways Alliance— which includes Canadian Natural Resources Ltd., Cenovus Energy Inc., ConocoPhillips Canada, Imperial Oil Ltd., MEG Energy Corp. and Suncor Energy Inc. - removed everything from their website … this more than fuel from the summer BBQ circuit of politicians – it’s dialing up the rhetoric or a law that commands everyone to dial it down … tic toc

+ Insight Medical Technologies acquired by Richards Packaging Income fund for $5.3 million

+ 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

+ rig activity in Canada, courtesy of BOE Report

+ rig counts/utilization (active/working) – US: down 2 to 588 this week; Canada: up 6 to 166 this week

+  VitalHub Corp. acquired Premier I.T. Partnership Limited

+ Woodland Cree First Nation and Obsidian Energy Ltd. agreed to end their dispute


 


 
SHAKERS AND MOVERS 
appointments and disappointments 

 

+ Bill Bonnell, Exec. VP Risk Management @ National Bank of Canada, retiring

+ Christian De Broux to Chief Risk Officer @ Laurentian Bank

+ Debbie di Gregorio to Interim CFO @ Alithya Canada Inc.

+ Dr. Andreas Rompel to Pres. & VP Exploration @ Great Quest Fertilizer Ltd.

+ Edmund Reese to CFO @ Aon plc

+ Eric Bussières, CFO @ Taiga Motors Corporation, resigned

+ François Boulanger to CEO @ CGI Inc.

+ Gregory Huffman to CEO, Pres. & Director @ Nuclear Fuels Inc.

+ Iris Jancik to CEO @ International Battery Minerals

+ Karthik Manimozhi to Chief Growth Officer @ Mindbridge Analytics

+ Lonn Bate to CFO @ High Arctic Energy Services Inc.

+ Neil Freyke to Chief Information Officer @ Sagicor Financial Company Ltd.

+ Paula Walcott to Chief People Officer @ Sagicor Financial Company Ltd.

+ Stephane Lavigne, Sr. VP & CFO @ GDI International Inc., retiring

+ Tracy Abel, COO @ Ontario Teachers’ Pension Plan, retiring

+ Wayne Pisano to Interim CEO @ Oncolytics Biotech 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 ]


 


 

  REMEMBRANCE 


 

+ J.D. Irving, Chairman @ J.D. Irving and Irving Group of Companies, Order of Canada; 96


 


 
THIS WEEK IN FINANCINGS 
- proposed & closed

 

+ CIBC is on market to raise a $500.0 million debt issue

+  Cielo Waste Solutions Corp. is on the market to raise $2.87 million in equity by private placement

+ Financeit Canada Inc. secured a $500.0 million facility

+ FLO secured $136.0 million in capital

+ Sagicor Financial Company Ltd. closed a $250.0 million sr. unsecured debt raise

+ SHARC International Systems Inc. is on the market to raise $2.0 million in debt

+ Toronto-Dominion Bank is on the market to raise US$750.0 million in debt

+ Tribe Property Technologies Inc. closed a $2.5 million equity raise by private placement

+ Veren Inc. closed its $1.0 billion in sr. unsecured debt financings


 


 TECHNOLOGY / A I TRENDS 


 

+ AI – Global Hopes and Fears Survey – PwC 2024 Global Workforce report


 


 
 CORPORATE RESPONSIBILITY + ESG REPORTS 

 

+ ESG reporting trends – what’s mandatory, what’s not … great piece from Lexpert

+ Fort McMurrayy 468 First Nation published its inaugural ESG Report

+ Lunding Gold Inc. published its 2023 Sustainability Report


 


 
 P3 / INFRASTRUCTURE 

 

+ Lethbridge College will be rebranded and renamed effective September 3, 2024 as Lethbridge Polytechnic


 


 
 REITs + TRUST NEWS 

 

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


 


 
 INTERESTING TRENDS/NEWS: OFFICE 

 

+ WeWork emerged from it’s bankruptcy proceeding, a new private owner and a new CEO


 


 
 INTERESTING TRENDS/NEWS: INDUSTRIAL + LOGISTICS 

 

+ Fengate Asset Management investing $1.8 billion to eStructure Data Centers

+ Medline Canada Corporation opened a new 160,000 sq. ft. distribution centre in Rocky View County


 


 
 SHAREHOLDER MEETINGS

 

+ June 25; BlackBerry Limited, Annual General and Special Meeting, Waterloo

+ June 26; Aimia Inc., Annual Meeting of Shareholder, Toronto

+ June 26; Chorus Aviation Inc., Annual Meeting of Shareholders, Halifax - virtual

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

+ 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 ]


 


 
 SAVE THE DATE / upcoming events

 

+ June 24-26; The WorkX Conference, Embrace the Future of Work, Dallas; info/register

+ June 26; Trends and Insights from 2024 Proxy Season: Navigating Boardroom Challenges – free webinar; register

+ 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 ]


 


 
 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

 

+ July 11; 22nd Annual COAST Hotels, Shuhachi Naito Golf Classic, Tsawwassen Springs Golf Club, Delta; register

+ July 17; Calgary Construction Association - 80th 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; 8th Annual Little Warriors Golf Tournament, The Quarry Golf Course – Edmonton; registration/donations/sponsors

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

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


 


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this site last updated May 6, 2025