FACILITYCalgary

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FACILITYCalgary May 27/25

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CONVERSATIONS

Click here to read this week's 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 

+ Alain Poulit to VP Operations, North America @ Boralex Inc.

+ Brett Driver to VP Sales and Marketing @ The Bolt Supply House Ltd.

+ Byrne Luft to Pres. @ Arch Staffing & Consulting, Canada

+ Caroline Paquet to Pres. @ Cogeco Media

+ Cheryl Arcand-Kootenay to Justice, Edmonton @ Court of Queen’s Bench of Alberta

+ Chris Theal to Pres. & COE @ Phyto Organix Foods Inc.

+ Clark Kassian to National Practice Group Lead of the Real Estate Group @ Dentons Canada LLP

+ Debra Yedlin to Pres. & CEO @ Calgary Chamber of Commerce

+ Denis Rajotte, Managing Director, Head of Energy Investment Banking, Canada @ Morgan Stanley, no longer there …

+ Drew Scherban, Director of Strategy and Communications @ Alchemy Communications Inc.

+ Francois Beaulieu to Chief Information Officer @ Lion Electric Company

+ Gilliam Dominguez to Sr. Dir. Human Resources @ Boardwalk REIT

+ Goke Arowosebe to Legal Counsel @ Canadian Natural Resources Limited

+ Graham Kendell to Brewmaster and Director of Brewing Operations @ Big Rock Brewery

+ Henri Sant-Cassia to Director @ BetterLife Pharma Inc.

+ Jacqueline Civitarese to Communications Advisor, Public & Government Affairs @ Imperial Oil

+ Jacqui Souter to Director @ NORR Group of Companies

+ Jason Dieser to Director of Real Estate @ Nearctic Property Group

+ Kamran Haidari to Chief Technology Officer and Chief Product Officer @ Payfare Inc.

+ Kent Kaulfield to ESG Markets Leader & Chief Sustainability Officer @ EY Canada

+ Kristine Robidoux to Compliance Specialist @ ENMAX

+ Leighton Carroll to CEO @ Baylin Technologies Inc.

+ Leona Wowniar to Specialist, Social Listening and Digital Enablement @ Suncor

+ Matthew Sutton to Pres. & CEO @ Matrix Solutions Inc.

+ Michael Crothers to Director @ Director @ Keyera Corp.

+ Michael Denham, Pres. & CEO @ Business Development Bank of Canada (BDC), stepping down

+ Mike Hegedus to Partner @ McCarthy Tetrault

+ Paul Salvatore to Real Estate Specialist @ Calgary Economic Development

+ Phil Khuu to Director @ Marketing & Business Dev. @ Buffalo Inspection Services Inc.

+ Rob Long to Chief Information Officer @ KITS Eyeware

+ Rod Berg to Sr. Project Mgr. @ Stone Creek Resorts Inc.

+ Ryan Hall to Affordable Housing Project Mgr. @ City of Calgary

+ Sarah Footit to CFO @ Kivuto Solutions

+ Stavro Stathonikos to Pres. @ NexLiving Communities Inc.

+ Stefan Harvalias to Chief Marketing officer @ KITS Eyecare

+ Tamara Prince to Partner @ Cassels Brock & Blackwell LLP

+ Teri Hart to Producer/Host @ Super Channel

+ Travis Beatty to CFO @ American Hotel Income Properties REIT LP

+ Tyson Portwood to Manager, Contract Excellence @ TC Energy

+ Wade Felesky to Pres. & Director @ New Stratus Energy 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 ]




 MEMORIAM 

+ Anne McCaffrey; educator, leader at the Edge School, 54

+ Gilbert Libin; community leader, and haberdasher; 85

+ Ken Stephenson; noted Calgary businessman, philanthropist, 87

+ Lily Faider; community activist, philanthropist, 98

+ Muriel Kovitz; corporate and community leader, first Chancellor of University of Calgary, 95



 HUMAN RESOURCES + WORKPLACE TRENDS 

+ Apple employees not so keen to return to the office

+ long-haulers; 70% are taking leave from work

+ strategies for workplace diversity and inclusion

+ the right to disconnect; a remedy for working from home stress …




 BOARD + 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 ]




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 SHAREHOLDER MEETINGS

+ June 9, Dollarama Inc., Annual General Meeting of Shareholders, virtual-only

+ June 10; Africa Energy Corp., Annual General and Special Meeting of Shareholders, virtual-only

+ June 14; Avcorp, Industries Inc., Annual Meeting of Shareholders, Vancouver, in-person/proxy only

+ June 15; BTB REIT, Annual and Special Meeting of Unitholders, virtual-only

+ June 17; American Hotel Income Properties REIT LP, Annual and Special Meeting of Unitholders, virtual-only

+ June 17; Economical Mutual Insurance Company, Annual Meeting of Policyholders, virtual-only

+ June 17; OV2 Investment 1 Inc., Annual and Special Meeting of Shareholder, virtual-only

+ June 18; Frontenac Mortgage Investment Corporation, Annual General and Special Meeting, virtual-only

+ June 21; Chorus Aviation Inc., Annual Meeting of Shareholders, virtual-only

+ 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 29; HealthSpace Data Systems Ltd., Meeting of Shareholders,

+ 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 

+ hydrogen fuelling for commercial vehicles in Edmonton-Calgary corridor; Alberta Zero-Emissions Truck Electrification Collaboration (AZETEC) project; led by  Alberta Motor Transport Association with project partners Hydrogen Technology and Energy Corporation, Zen Clean Energy Solutions, Canadian Energy Systems Analysis Research, Bison Transport, Trimac Transportation and Suncor Energy – looking at all aspects of long-range fuel cell electric trucks for operation between Calgary and Edmonton; $2.3 million in federal government funding




 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. 11-15; 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

~ [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




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 KUDOS 

+ to the people of the confluence, the Tk‘emlúpsemc first nation peoples of the Shuswap, and all other first nations Canadians – standing proud, bringing horrible history of residential schools into the brighter light of scrutiny and sombre recognition; and to 800 who marched at the Tsuut’ina First Nation

+ to Shaw Communications – again sponsoring its Chip in For Kids program in conjunction with the Shaw Charity Classic golf event; they’ll match your donation Chip in for Kids and Birdies for Kids program will direct funds to 233 Alberta charities

+ to Jann Arden – inducted in the Canadian Music Hall of Fame at the 2021 Juno Awards; her acceptance and her performance




 THIS WEEK'S HEADLINES


Alberta COVID stats | Calgary Stampede is a go, CHUCKS, no | Cardinal acquired Venturian | Jann Arden induction | Mphassis coming to Calgary | Pembina / Inter Pipeline merger | Tamarack Valley acquisition | THIRDACTion Film Festival + Mitzi Murray interview + deals + rig counts + upcoming events, appointments + REIT NEWS + ESG reports + financings + quotes + kudos



 Sponsors of this week's issue:

Visit: https://www.incito.ca/
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EXECUTIVE COACHING



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 SAVE THE DATE / upcoming events

+ June 8 & 9; Land & Development Conference; virtual-only – save the date/sponsorship

+ June 6-18; CERI 2021 Petrochemical Conference, Kananaskis Mountain Lodge; program; sign up/register

+ June 11-13; THIRDACTion Film Festival; June 11-13; see 22 titles/trailers  – TICKETS NOW ON SALE

+ June 20; Oil & Gas Tech Summit 2021; virtual – register here

+ June 11-13; THIRDACTion Film Festival – Patricia Whalen Theatre, in-person & online - Calgary Downtown Library, and VIRTUAL; tickets/passes go on sale April 12th; SAVE THE DATES/get on the mailing list – and check out the 2020 Films

+ June 14; Edmonton Region Hydrogen Hub, free webinar, David Layzdell and Dan Wicklum, info/register

+ June 18-20; Cultivation of Art Show and Sale, Vale’s Greenhouse, Black Diamond; info/directions

+ 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

+ 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 ]




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

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Mark Kolke, Publisher

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NEWS SUMMARY 
 June 1 ~ 8 / 2021 


+ Alberta COVID-19 stats: 2,248 deaths to date, 4,707 active cases of 229,319 confirmed cases to date: aggregate Alberta data – currently, 351 Albertans are in the hospital with COVID-19, and 94 of those are in intensive care units; 4,568,610 tests have been administered to 2,152,890 Albertans since the pandemic began

+ Alberta COVID-19 re-opening strategy -  staged depending on case statistics and hospitalizations: The Open For Summer Plan … all COVID restrictions in Alberta to be lifted by July according to Premier Kenny; Stage 2 reopening on Thursday this week due to reduced hospitalizations …

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

+ABTraceTogether – get the APP

+ Air Canada paid large bonuses to executives during the timeframe the airline received government support; the bonus payments were made public, and then the gave them back – you just gotta love public opinion when it is listened to – I wonder if that will ever work with governments?

+ Calgary Council Derby, lots of horses in this year’s races: City of Calgary 2021 elections; now there are 17  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 and Jeff Davidson; 76candidates have filed nomination papers for council’s 14 Ward seats

+ Calgary Stampede WILL go ahead; no Chuckwagon Races …

+ Canadian Pacific is not giving up on its KCS acquisition: they are working to swing support

+ Cardinal Energy Ltd. acquired Venturion Oil Limited for $47.5 million

+ Chevron Corp. is report to be shopping its 20% interest in CNRL’s Athabasca Oil Sands project

+ City of Calgary has renewed the COVID caused local state-of-emergency protocol to August 13, 2021

+ Crescent Point Energy Corp. closed its $93.0 million disposition of non-core SE Saskatchewan assets

+ Cryopeak LNG Solutions Corporation commenced operations at its Fort Nelson, BC LNG production facility; at 100,000 gallons/day under current permit with capacity for 27,000 (story + pictures)

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; crude prices up nicely on the week – as the world ramps up production in anticipation of post-COVID increases in travel and with OPEC+ staying with their production level commitments: WTI hit US$70//bbl, Brent hit US$72/bbl – good numbers, and traders are watching the U.S./Iran nuclear program negotiations nervously …

+ Enbridge Inc. agreed to sell its 38.9% interest in Noverco Inc. to Trencap L.P. for $1.14 billion to Caisse de dépôt et placement du Québec who will then, via Trencap L.P., hold 100% of Noverco Inc. which in turn owns 100% of Énergir 

+ EXFO Inc. announced plans for a going-private transaction

+ fall elections in Alberta may have a referendum question on equalization payments; Alberta has been a ‘giver’ and not a ‘taker’ since 1964-65; the Kenny government is seeking to tip the scales with a referendum question

+ HOUSING TRUTH – monthly residential newsletter: HOUSING TRUTH – CLICK HERE TO SIGN UP for our mailing list  – April issue, archived issues … May issue is late, sorry, it will be uploaded this week

+ Inter Pipeline Ltd. closed its acquisition of Milk River Pipeline System from Plans Midstream Canada ULC

+ Inter Pipeline Ltd.’s deal to be acquired by Pembina Pipeline Corporation is not done yet; Brookfield is upping it’s offer …

+ McCoy Global struck a special board committee to look at strategic alternatives …

+ Morgan Stanley closed its Calgary investment banking office

+ Mphasis announced establishment in Calgary; strategic partnership with University of Calgary plans to create 500-1,000 new jobs in Calgary

+ NAME CHANGERS: Trez Capital Senior Mortgage Investment Corporation changed its name to Standard Mercantile Acquisition Corp.

+ NAME CHANGERS: Edmonton is renaming the Edmonton Eskimos as Edmonton Elks – which seems like a weird way to avoid changing the EE logo

+ NAME CHANGERS: Calgary’s Langevin School renamed as Riverside School

+ NAME CHANGERS: Edmonton city council is renaming Grandin LRT station and removing a mural

+ Pembina Pipeline Corporation agreed to $8.3 billion deal to acquire/merge with Inter Pipeline Co.; combined enterprise value would be $53.0 billion – a white knight deal perhaps, as Inter Pipeline continues to fend off the takeover bid from Brookfield Infrastructure Partners LP; and Brookfield came back with an increase to its offer at $8.48 billion, so this tussle is far from over. At the heart of this is the Heartland Petrochemical Complex which is nearing completion, and accounts for a lot Inter Pipeline’s debt load; take the 9 minute YouTube tour … it’s an extraordinarily complex site

+ Pembina Pipeline corporation in proposed JV with Haisla Nation Partner for LNG project

+ PlantX Life Inc. agreed to acquire Liv Marketplace LLC for US$3.15 million

+ PROPERTYlines;  – monthly commercial real estate newsletter  CLICK HERE to CHECK OUT THE April issue;  archived PROPERTYlines Issues -  the May issue is late, sorry, will be uploaded this week

+ rig activity in Canada

+ rig counts (active/working) – US: down 1 to 456 this week; Canada: up 15 to 77 this week; full breakdown and international rig counts

+ Tamarack Valley Energy Ltd. closed its $247.5 million Anegada Oil Corp. acquisition

+ THIRD ACTion Film Festival this week June – roster of films/trailers; buy tickets/schedule/passes

+ U.S. President Biden reversed a Trump measure – suspending oil drilling leases in Alaska’s Arctic National Wildlife Refuge

+ WELL Health Technologies Corp. agreed to acquired MyHealth Partners Inc. for $206.0 million

+ Willow Lake Métis Nation and Elemental joined forces, forming the Willow Lake Métis Nation Development Corporation; have plans to develop an East-West Indigenous ownership corridor across Canada focused on renewable energy projects




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Arianne Phosphate Inc. closed $5.75 million equity raise

+ BetterLife Pharma Inc. closed $2.61 million equity financing

+ Converge Technology Solutions Corp. is on the market to raise $172.5 million in equity

+ Eat Beyond Global Holdings Inc. secured $170.0 million funding

+ Element Nutritional Sciences Inc. closed $5.0 million equity raise by private placement

+ Forward Water Technologies Inc. closed $5.17 million equity financing

+ Frontera Energy Corporation is on the market to raise US$350.0 million in sr. secured debt

+ Garda World Security Corporation closed US$500.0 million sr. debt financing by private placement

+ GFL Environmental Inc. is on the market to raise US$750.0 million in debt by private placement

+ Kontrol Technologies Corp. closed $8.5 million equity raise by private placement

+ Neighbourly Pharmacy Inc. closed $26.25 million equity raise, over-allotment on its recent IPO

+ New Stratus Energy Inc. is on the market to raise $10.0 million in equity by private placement

+ North American Construction Group Ltd. closed $74.75 million convertible unsecured sub debt raise

+ Nova Leap Health Corp. closed $5.5 million equity raise by private placement

+ Precision Drilling Corporation is on the market to raise US$400.0 million in sr. debt by private placement

+ Royal Bank of Canada is on the market to raise $1.0 billion in debt

+ Saturn Oil & Gas Inc. closed $32.8 million is equity raises

+ Sienna Senior Living Inc. closed $125.0 million sr. unsecured debt raise

+ Videotron Ltd. is on the market to raise US$500.0 million in a sr. debt issue

+ Topaz Energy Corp. closed $201.3 million equity raise

+ Videotron Ltd. is on the market to raise $750.0 million in a sr. debt issue

+ Westport Fuel Systems Inc. is on the market to raise US$100.0 million in equity

*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 …




 CORPORATE RESPONSIBILITY + ESG REPORTS 


+ Artis REIT published its 2020 ESG Report

+ British Columbia Investment Management Corporation (BCImc) published its 2020 ESG Annual Report

+ Canada Post published its 2020 Sustainability Report

+ Ensign Energy Services Inc. published is Inaugural Sustainability Report




 CONSTRUCTION NEWS + BUILDING INNOVATIONS  


+ Metrolinx/Eglinton Crosstown P3 litigation grinding on into appeal

+ now, this IS A SPA:  Aquatio Cave Luxury Hotel & SPA (71 photos)

+ Parliamentary Precinct in Ottawa – design competition; 12 contenders announced




 INFRASTRUCTURE + P3


+ ATCO Ltd. commenced operations of LUMA Energy LLC to modernize Puerto Rico’s electrical transmission and distribution system

+ Calgary City Council made funding decisions for pools; $400,000.0 for the Inglewood Pool to support reopening, $400,000.0 for repurposing the Beltline Pool and Aquatic facility which will not reopen, and $45.0 million for renovations of the Repsol Sports Centre

+ Calgary Film Center is being sold; the City of Calgary appointed Ernst & Young Orenda to sell the facility as a going concern …

+ Calgary’s Green Line LRT plan for the deep southeast to downtown will be built in one-phase rather than three stages as earlier planned

+ Metrolinx/Eglinton Crosstown P3 litigation grinding on into appeal




 INTERESTING TRENDS IN RETAIL ...

+ Calgary’s downtown Flagship Hudson’s Bay store is facing an inevitable downsizing; it will shrink its footprint to 3 floors of retailing

+ Higher Ground coffee is adding a Red Mile location; taking the former Starbucks location on 17th Avenue SW

+ LaCaille on the Bow restaurant undergoing a major makeover

+ Saucy Burger coming to the former Nellie’s location on 17th Avenue SW

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




 QUOTES 

+ I think reconciliation with indigenous people remains the biggest social justice issue facing the country, because we don’t do a good job of acknowledging the contributions native people have made. This is not just a country of immigrants. – Wab Kinew

+ Take your voice to where it’ll be the most effective. – Buffy Sainte-Marie


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this site last updated May 27, 2025