FACILITYCalgary

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

FACILITYCalgary May 6/25

ARCHIVED ISSUES

CONVERSATIONS

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SHAKERS AND MOVERS 
appointments and disappointments 

+ Andre Pouliot to President @ Appraisal Institute of Canada

+ Cassie Poon to Director, Calgary @ Deloitte

+ Christine Charette to Director @ IBEX Technologies Inc.

+ Darlene Kelly to Director @ Converge Technology Solutions Corp.

+ David Gurvey to CFO @ Medicure Inc.

+ Denis  Pétrin, VP Finance & CFO @ Transat A. T. Inc., resigned

+ Dianne Goodman, Producer @ Alberta Theatre Projects, retired

+ Frank Holler to Director @ Theratechnologies Inc.

+ Gary Foster to Chairman @ Payments Canada

+ Georgia Linster to Marketing & Bus. Dev. Mgr. @ Group2 Architecture Interior Design Ltd.

+ Gerry Sheehan to Director @ NXT Energy Solutions Inc.

+ Henry Kim to CEO @ Canadian Museum of History

+ Jason Palacsko to Sr. VP Land Development @ Centron Group

+ Justin Seguin to Director of Development @ Attainable Homes Calgary

+ Karen Leibovici to Director @ Canada Energy Regulator

+ Kimberley Goode to Chief Communication & Social Impact Officer @ BMO Financial Group

+ Liz LaHaye to Planning and Scheduling Coordinator @ PCL Construction

+ Matt Marshall to VP, Strategy @ Nutrien

+ Michael Halliwell to Director @ Canterra Developments Corp.

+ Peter Routledge to Superintendent of Financial Institutions

+ Ranju Shergill to Board Chair @ Calgary Immigrant Women’s Association

+ Richard Williams to Director of Deloitte Restructuring Inc.

+ Rick Doman to CEO @ GreenFirst Forest Products Inc.

+ Ryan Lim to CFO @ Firm Capital Mortgage Investment Corporation

+ Ryan Mooney to Director @ Highwood Oil Company Ltd.

+ Shane Feeney, Sr. Managing Dir. & Global Head of Private Equity @ CPPIB, resigned

+ Shane Feeney to Global Head of Secondaries @ Northleaf Capital Partners

+ Sophie LeBlanc to Sr. Mgr., Recruitment Programs @ SMS Equipment 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 ]




 HUMAN RESOURCES + WORKPLACE TRENDS 

+ diversity – what does anti-LGBTQ bias look like?

+ employers getting good marks for pandemic response

+ rise in alcohol and drug use challenges at work




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 ...



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 COMMUNITY VOLUNTEER OPPORTUNITIES 

+ 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 ]




 SHAREHOLDER MEETINGS

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

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

+ June 29; Intermap Technologies Corporation, Annual General Meeting, virtual-only

+ June 29; Leucrotta Exploratoin Inc., Annual and Special Meeting, 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 

+ Green Impact Partners Inc., Carbon Clean Energy Inc., and PCL Constructors Inc. announced plans to develop a large scale bio fuel facility in Calgary; project will have a $475.0 million capital cost – investment go-ahead to be greenlit by late 2021/early 2022




 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




 QUOTES 

+ I’m really open to all forms of knowledge, art and art expression. In representing the First Nations People, a good part of my art come from there, I know its knowledge I have been born with. It may appear to be eash for me, but it’s still a responsibility to carry. – Dale Auger




 CORPORATE RESPONSIBILITY + ESG REPORTS 


+ Crescent Point Energy Corp. published its 2021 Sustainability Report

+ Enerplus Corporation published its 2021 ESG Report

+ Pieridae Energy published its inaugural ESG Report

+ Western Forest Products published its 2020 Sustainability Report




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 MEMORIAM 



 THIS WEEK'S HEADLINES


19 Candidates for Mayor | COVID stats | Ensign buys Nabors Canadian unit | Green Impact bio-fuel project | Manyhorses High grand opening | Mullen acquisitions | Sports Hall of Fame leaving Calgary + deals + rig counts + upcoming events, appointments + REIT NEWS + ESG reports + financings + quotes + kudos




 Sponsors of this week's issue:

Visit: https://falkbuilt.com/
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DIGITAL COMPONENT CONSTRUCTION



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

e-mail CalgaryRentals@rohitgroup.com
 
NEW RENTAL HOUSING



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OFFICE MOVERS



Request a consult
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OUR SERVICES

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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/
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E-mail:  inspire@incito.ca

EXECUTIVE COACHING



RETAINED EXECUTIVE SEARCH - For more information, click here.



Visit: Levvel.ca
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OUR SERVICES



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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

~
Mark Kolke, Publisher

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NEWS SUMMARY 
 June 22 ~ 29 / 2021 


+ Alaska-Alberta Railway Development Corporation considering insolvency filing after its primary lender was placed in receivership; MNP is the proposed trustee

+ Amazon expanding in Alberta again; robotics fulfillment facility will be in Parkland Country – west of Edmonton; 600,000 sq. ft. facility will open in 2022

+ Alberta COVID-19 stats: 2,295 deaths to date, 1,261 active cases of 231,850 confirmed cases to date: aggregate Alberta data – currently, 179 Albertans are in the hospital with COVID-19, and 39 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

+ Calgary Council Derby, lots of horses in this year’s races: City of Calgary 2021 elections; now there are 19  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, and 82 candidates have filed nomination papers for council’s 14 Ward seats

+ Calgary’s mask bylaw in place until at least July 5 …

+ Canada Day fireworks WILL go ahead in Calgary

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; crude prices holding steady week over week after a ramp up and then retreat in advance of OPEC meetings;  WTI @ US$73/bbl, Brent @ US$74/bbl as inventories decline

+ Ensign Energy Services Inc. agreed to acquire the Canadian drilling assets (35 land-based drilling rigs) of Nabors Industries Ltd.; terms not disclosed

+ Green Impact Partners Inc., Carbon Clean Energy Inc., and PCL Constructors Inc. announced plans to develop a large scale bio fuel facility in Calgary; project will have a $475.0 million capital cost – investment go-ahead to be greenlit by late 2021/early 2022

+ Hardwoods Distribution Inc. agreed to acquire Novo Building Products Holdings LLC for US$303.0 million

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

+ Kiwetinohk Resources Corp. and Distinction Energy Corp. agreed to combine the businesses of Kiwetinohk and Distinction under a plan of arrangement

+ Manyhorses High School celebrated its grand opening on the Tsuut’ina Nation; 43,000 sq. ft. facility

+ Mullen Group Ltd. closed the acquisition of APPS Transport Group Inc. and Tri Point Intermodal Services Inc.

+ 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: steady at 470 this week; Canada: up 9 to 126 this week; full breakdown and international rig counts

+ Spartan Delta Corp. acquired a $10.1 million portfolio of assets

+ Sports Hall of Fame collection to be moved from Calgary to the Museum of History in Gatineau, Quebec

+ Surge Energy Inc. agreed to acquire a portfolio of SE Saskatchewan light oil assets for $160.0 million

+ Trans Mountain pipeline project moving along gain




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Adela raised $60.0 million in a VC round

+ Anaergia Inc. closed $175.0 million equity raise by IPO

+ BetterLife Pharma Inc. completed $2.837 million equity financing

+ Dollarama Inc. is on the market to raise $750.0 million in sr. unsecured debt

+ Enbridge Inc. closed US$1.5 billion debt financing

+ Énergir Inc. is on the market to raise $125.0 million in equity by private placement

+ Equitable Bank closed $150.0 million in debt

+ FansUnite Entertainment Inc. is on the market to raise $21.7 million

+ Innova Hydrogen Corp. closed $2.1 million equity raise by private placement

+ Leucrotta Exploration Inc. closed $1.365 million equity financing

+ OCM Auto Financing Group Ltd. secured $40.0 million credit facility

+ Peninsula Capital Corp. raised $4.0 million

+ ResQ secured $9.0 million VC round

+ Pet Valu Holdings Ltd. is on the market to raise $275.0 million in equity by IPO

+ Storage Vault Canada Inc. is on the market to raise $50.0 million in sr. unsecured debt

+ Sun Life Financial Inc. is on the market to raise $1.0 billion in sub debt

+ Surge Energy Inc. secured $215.0 million credit facility

+ Telus Corp. is on the market to raise $750.0 million in debt

+ Think Research Corporation secured a $25.0 million credit facility

+ Tulip raised $28.0 million in VC round

*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 …




 CONSTRUCTION NEWS + BUILDING INNOVATIONS  


+ Bird Construction Inc. awarded a $75.0 million maintenance contract for the North West Redwater Partnership

+ Gehry – awesome reflections in France …




 INFRASTRUCTURE + P3


+ Government of Canada to invest $42.0 million to improve NWT airports

+ Manyhorses High School celebrated its grand opening on the Tsuut’ina Nation; 43,000 sq. ft. facility

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




 SAVE THE DATE / upcoming events

+ July 9 – 18; Calgary Stampede, Stampede Park; 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; 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

+ 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 PLACDES 

+ Amazon expanding in Alberta again; robotics fulfillment facility will be in Parkland Country – west of Edmonton; 600,000 sq. ft. facility will open in 2022




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

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