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+ May 25 – Trump announced he’ll delay implementation of a 50% tariff on the UK goods till July 9

+ May 28 – U.S. Court of International Trade overturned the Trump tariffs; deemed illegally levied; White House immediately appealed – they obtained a Temporary stay of that decision until the appeal is dealt with ... tariffs remain

+ May 30 – Trump announced he intend to double tariffs from 25% to 50% on steel imports

+ June 3 – Trump signed an order – 50% tariff on steel and aluminum

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+ Bank of Canada interest reset date is Wednesday June 4^th – widely expected to ‘hold’, many economists feel the bank benchmark rate should go lower

+ Cadre merged with Talint Solutions and rebranded as Cadre Information Technologies

+ Canada Post service continues as potential disruption looms; union asking for binding arbitration; meanwhile Canada Post reported volumes are down but losses are up - $1.3 billion!

+ Canadian Tire acquisition of HBC assets for $30.0 million got court approval

+ Cenovus Energy declaured force majeure at its Christina Lake Dil-bit facility due to wildfires; non-essential staff evacuated

+ CHAT-TV shut down after 68 years

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~  WTI @US$63/bbl; Brent @US$65/bbl ~ prices up on supply concerns, Alberta wildfires disrupt 7% of Canadian productioin

+ FACILITYCalgary, a sponsor-supported FREE weekly newsletter now in our 26^th year

+ Government of Alberta: the shouting match with Ottawa continues; Smith’s volley to Carney

+ Government of Canada: Premiers met with Carney – pitching projects at first ministers meeting; meeting with oil & gas execs – First Ministers’ statement . Premiers express optimism

+ Logan Energy Corp. closed the $26.0 million sale of its Pouce Coupe Facility to Topaz Energy Corp.

+ MEG Energy Corp. evacuated non-essential staff from its Christina Lake Regional Project due to wildfires

+ MONDAY MORNING MINUTE - a weekly inspiration message and a selected quote in your inbox weekly; check out the new format; check out this week’s issue – sign up is free

+ NHL Stanley Cup playoffs – Edmonton Oilers only Canadian team left: a rematch of last year’s final series, they’re playing Florida Panthers now in the Final series – starts on Wednesday June 4

+ Oxford Properties Group acquired CPP Investments’ 50% interest in a portfolio of seven office properties in Calgary and Vancouver; this now has Oxford owning 100% of these assets

+ 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  …

+ RioCan REIT disposed of interests in Calgary and Ottawa projects to Killam and Boardwad for $173.0 million

+ rig activity in Canada, courtesy of BOE Report

+ rig counts/utilization (active/working) – US: down 3 to 563 this week; Canada: down 2 to 112 this week

+ Truman to develop 320-key full services hotel at Stampede Park; ‘flag to be announced’ – 85,000 sq. ft./13 storey hotel at a cost of $330.0 million is on a 1.8 acre site being sold to Truman; hotel will open in 2028

+ Strathcona Resources Ltd. launched its takeover bid for MEG Energy Corp.; MEG seems not warm to it, advising shareholders to take no action ...

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+ Cian Murphy to Sr. VP, Major Projects @ CIMA+

+ Denis Dubois to Pres. & CEO @ Desjardins Group

+ Doug Davis to Director of Outreach and Marketing @ STEM Innovation Academy

+ Fiona Deller to CEO @ Canadian Home Care Associatioin

+ George Tsivin to CEO @ Dye & Dunham

+ Jean-Eudes Leroy to CEO, Aerial Technologies @ nami

+ Marc-Andre Blanchard to Chief of Staff, Prime Minister’s Office @ Government of Canada

+ Mathieu Lemay to VP, Hydropower and Dams @ CIMA+

+ Matthew Bromberg to Pres. & CEO @ CAE Inc.

+ Michael Routledge to CFO @ International Battery Metals Ltd.

+ Paige Magnussen to Director of Leasing @ Hopewell Real Estate Services

+ Randy Hoffman to CEO @ Realstar

+ Reena Carter to CFO @ HOOPP

+ Robert (RJ) Johnston to Director of Energy and Natural Resources Policy, School of Public Policy @ University of Calgary

+ Sean Martin-Courtright to Director, Treasury & Finance @ CNRL

+ Shaina Morihira to VP Finance & CFO @ Freehold Royalties Ltd.

+ William Ryan to CEO @ Nulogy Corporation

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 ]

+ ARC Resources Ltd. is on the market to raise $1.0 billion in sr. unsecured debt

+ Cascades Inc. is on the market to raise US$400.0 million in sr. unsecured debt

+ CT REIT is on the market to raise $200.0 million in unsecured debt

+ BioVaxys Technology Corp. closed a $3.0 million equity raise by private placement

+ FISPAN closed a US$30.0 million financing

+ Hydro-Quebec closed a $500.0 million debt raise

+ K-Bro Linen Inc. closed a $80.0 million equity raise

+ KDA Group Inc. closed a $2.2 million equity raise by private placement

+ Perimeter Medical Imaging AI Inc. closed a $3.13 million equity raise

+ Waste Connections Inc is on the market to raise $500.0 million in sr. unsecured debt

+ new standards for accessible employment from CSA

+ workplace design ... a look at new ways of planning

+ innovation funding gap in Canadian business

+ is private equity overdoing it’s plunge into datacenters?

+ wildfire threats intensifying across Canada – Alberta – 56 fires active, 27 are out of control; evacuations in effect for Swan Hills, Conklin, Marten Beach, Peers, Hawk Hills, Robb and Mercoal, Saskatchewan, Manitoba – oilsands companies evacuate workers ... Cenovus, MEG, CNRL

+ winds tore through the Edmonton area – significant damage from record wind gusts up to 130 km/h

+ LION relaunched; new investors rebranding the former Lion Electric following completion of a reorganization transaction

+ Amex Bank published its 2024 Public Accountability Statement

+ CAPREIT published its 2024 ESG Report

+ Hydro One Limited published its 2024 Sustainability Report

+ Superior Copper Corp. closed a $1.0 million equity raise by private placement

+ City of Calgary – Bearspaw South Feeder Main review panel members appointed ; APEGA report suggests no wrong-doing, points to pipe failure ...

+ Oxford Properties Group acquired CPP Investments’ 50% interest in a portfolio of seven office properties in Calgary and Vancouver; this now has Oxford owning 100% of these assets

+ Canadian Tire acquisition of HBC assets for $30.0 million got court approval

+ Canadian Tired sold its Helly Hansen unit/ to Kantoor Brands Inc. for $1.3 billion

+ Retail Council of Canada – 2025 Excellence in Retailing Awards - Winners

+ RioCan REIT pursuing receivership of its HBC Joint Venture

+ Truman to develop 320-key full services hotel at Stampede Park; ‘flag to be announced’ – 85,000 sq. ft./13 storey hotel at a cost of $330.0 million is on a 1.8 acre site being sold to Truman; hotel will open in 2028

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

+ RioCan REIT disposed of interests in Calgary and Ottawa projects to Killam and Boardwad for $173.0 million

+ June 3; K-Bro Linen Inc., Annual General Meeting, Edmonton/virtual

+ June 4; Thomson Reuters, Annual Meeting of Shareholders, Toronto

+ June 10; Apollo Technology Capital Corporation, Annual and Special Meeting of Shareholders, Toronto

+ June 10; BTB REIT, Annual General Meeting, Montreal

+ June 11; Dollarama Inc., Annual General Shareholders Meeting, Montreal/virtual

+ June 11; Maple Leaf Foods Inc., Annual and Special Meeting of Shareholders, Mississauga

+ June 12; Africa Oil Corp., Annual General Meeting of Shareholders, Vancouver

+ June 13; Pizza Pizza Royalty Corp. Annual General Meeting, Toronto

+ June 16; MediPharm Labs, Annual & Special Meeting of Shareholders, Toronto/virtual

+ June 17; Boat Rocker Media Inc., Special Meeting of Shareholders, Toronto

+ June 18; Invesque Inc., Annual and Special Meeting of Shareholders, Toronto

+ June 20; Africa Energy Corp., Annual General and Special Meeting of Shareholders, Vancouver

+ June 24; Cielo Waste Solutions Corp., Annual and Special Meeting, Calgary

+ June 26; BQE Water Inc., Annual General and Special 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 ]

+ June 5;  Calgary Construction Association, Spring Golf Classic, Springbank Links, Calgary; register

+ June 19; IFMA Calgary Chapter, IFMA Open, Lynx Ridge Golf Club, Calgary; golf / sponsor

+ July 10; 23^rd Annual Coast Hotels Shuhachi Naito Golf Classic, Tsawwassen Springs Golf Club, Delta, BC – registration open; email for info

+ July 17; Calgary Construction Association, Summer Golf Tournament; Springbank Links, Calgary; sponsorship

+ July 25; 10^th Annual Jann Arden Charity Golf Tournament in support of Enviros, Silvertip Resort, Canmore – register – sponsors

+ Sept. 8; Rotary Stay-in-School Charity Golf Classic, Glencoe Golf & CC, sponsor / register

+ Sept. 11; CEA Golf Tournament, The Ranch Golf and Country Club, Acheson – golf / sponsor

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

+ June 4; Canadian Grand Prix – new products Awards Gala, Toronto Congress Centre, North Building, Toronto; tickets/register

+ June 6 – 8; THIRDACTion Film Festival – in-person, The Confluence, Calgary; tickets go on sale May 9

+ June 10; Transition Accelerator webinar – Can we afford to ignore solar geoengineering; register

+ June 10-12; Info-Tech LIVE 2025, Bellagio Hotel, Las Vegas

+ June 10 - 12; Canada Gas & LNG, BMO Centre, Stampede Park, Calgary

+ June 10-12; Global Energy Show Canada – Exhibition & Conference, BMO Centre, Stampede Park, Calgary

+ June 11 - 15; THIRDACTion Film Festival – online – across Canada; tickets go on sale May 9

+ June 15-17; G-7 Leaders’ Summit, Kananaskis Country

+ June 17; Boralex Inc., Investor Day and 2030 Strategy, Montreal/virtual

+ June 18-19; Petrochem Optimizing Plant Operation, International Centre, Toronto; register

+ June 19; CEO of the Year Award Gala, Honouring Alexandre L’Heureaux Pres. & CEO, tickets

+ June 23; Alberta MLA by-elections: Edmonton-Ellerslie, Edmonton-Strathcona, and Olds-Didsbury-Three Hills [ writs issued / orders in council ]

+ June 25-26; Canada’s Net-Zero Forum 2025; Shaw Centre, Ottawa

+ July 3; Stampede Bowl; Calgary Stampeders v. Winnipeg Blue Bombers, McMahon Stadium

+ July 3 – 6; Alcoholics Anonymous 2025 International Convention, Vancouver

+ July 4; Calgary Stampede Parade – Shania Twain, 2025 Parade Marshall

+ July 4 – 13; Calgary Stampede; info/tickets

+ July 10; Bootleggin’ Breakfast, Westin Calgary; tickets

+ July 13 – 20; 2025 Senior League Baseball Championships, Webber Athletic Park,

+ Aug. 11-14; Global Indigenous Languages Summit – WAVES 2025, Ottawa

+ Nov, 20-21; Decentralized Energy Forum, Chateau Frontenac, Quebec City; tickets

+ Nov. 26-27; National Building Decarbonization Forum 2025, National Arts Centre, Ottawa; register

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

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