FACILITYCalgary

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

FACILITYCalgary May 6/25

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SHAKERS AND MOVERS 
appointments and disappointments 

+ Aline Nizigama to CEO @ YMCA Canada

+ Chris Dinsdale to Pres. & CEO @ Calgary Airport Authority

+ Donald Clow to Trustee @ H&R REIT

+ James Robertson, Pres. & CEO @ University of Calgary Properties Group, stepping down

+ Karen Weaver, Pres. & CEO @ MCAN Financial Mortgage Group, retired

+ Kathryn Jenkins to Group CFO @ Sagicor Financial Company Ltd.

+ Linda Drysdale to CFO @ Pet Valu Canada Inc.

+ Marc Goodman to Director @ Odd Burger Corporation

+ Martin Goldfarb to Director @ Covalon Technologies Ltd.

+ Susan Kudzman to Pres. @ Transat A.T. Inc.

+ Susanne Stushnoff to Deputy Attorney General @ Government of Alberta

~ 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 ]




 TECHNOLOGY TRENDS 

+ most innovative companies of 2023 – Fast Company




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CONVERSATIONS

Click here to access the archive (2012-2021) : Mark Kolke's conversations with fascinating Calgarians ...

 
 
 
CONTACT MARK KOLKE 
 KEYNOTE SPEAKER AND WORKSHOP LEADER



 IFMA - CALGARY CHAPTER NEWS + EVENTS 

Our IFMA Calendar - save these dates for facility tours + networking events coming in 2023:

April 27 - ATCO headquarters 

June 21 - IFMA Golf Tournament - save the dayte / details to come soon


Registration via our Events Page - click here




And - we are building back our Board - contact Mark Kolke for more information about joining the Calgary Chapter's leadership team. We have room to grow, and you can help ...



 SHAREHOLDER MEETINGS

+ Apr. 4; The Bank of Nova Scotia, Annual Meeting of Shareholders, Toronto

+ Apr. 18; BMO Financial Group, Annual Meeting of Shareholders, Toronto

+ Mar. 18; First Capital REIT, Annual and Special Meeting and Unitholders, Toronto

+ Mar. 20; Halliburton Company, Annual Shareholder Meeting, Houston

+ Mar. 23; ABB, Annual General Meeting, Zurich

+ Mar. 23; Starbucks Corporation, Annual Meeting of Shareholders, Seattle

+ Mar. 28; Slate Office REIT, Annual and Special Meeting of Shareholders, Toronto

+ May 16; First Capital REIT, Annual and Special Meeting of Unitholders, Toronto

+ Apr. 4; CIBC, Annual Meeting of Shareholders, Toronto

+ Apr. 4; The Bank of Nova Scotia, 191st Annual Meeting of Shareholders, Toronto

+ Apr. 11; Cargojet Inc., Annual General Meeting of Shareholders, Toronto

~ Canadian banks and life insurance companies got approval to do their 2023 annual meetings virtually

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




 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

+ June 12; Headwater Learning Foundation/Calgary Academy’s Golfing For Good, Glencoe Golf & Country Club, Calgary; info/register

+ June 13; Distress Centre Calgary, Drive for Distress Charity  Golf Tournament, Valley Ridge Golf Course, Calgary – save the date

+ July 21; Alberta IoT – 4th Annual Golf Tournament, Lynx Ridge Golf Club, Calgary – save the date

+ Sept. 11; Rotary Stay In School Charity Golf Classic, Glencoe Golf & Country Club, Calgary – save the date

+ Sept. 28; Accessible Housing Annual Fundraising Gala, Silver Springs Golf Cub, Calgary – save the date

+ send us your 2023 tournament information – we are happy to post them here

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




 CONSTRUCTION / DEVELOPMENT NEWS + BUILDING SERVICESS INNOVATIONS 

+ McCain Foods is investing $600.0 million to double its facility in Coaldale, AB

+ new schools – Alberta budget promise $2.4 billion over three years for schools




 CORPORATE RESPONSIBLITY + ESG REPORTS 

+ HOOPP published its climate strategy

+ Scotiabank published its 2022 ESG report




 INTERESTING TRENDS IN OFFICE REAL ESTATE 

+ WeWork is trying to restructure US$3.0 billion in debt …



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CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES

Mark Kolke, DTM, VP Commercial - MaxWell Capital Realty
6204B Burbank Road SE, Calgary, AB T2H 2C2
. . . . . . . . . . . . . . . . . . . . . . 
Consultant - Special Purpose Projects, P3, Education Facilities
Agent - Investment Sales; Office, Industrial & Retail Leasing
A full-service real estate practice:
Commercial - Investment Sales & Leasing | Consulting | 
Agricultural | Residential Sales | Land | Property Management | 
 
Phone/Text: (403)-312-8359 / email: kolke@markkolke.com 
PLANDflex Corporation / Consulting Services
Editor / Publisher - FACILITYCalgary
MaxWell Capital Realty / VP Commercial /Agent/Realtor
. . . . . . . . . . . . . . . . . . . . . . 

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 - 2022 MaxComm Communications. All rights reserved. 


NEWS SUMMARY 

 MARCH 8 ~ 14 / 2023 


+ a wildly anxious weekend for bankers and tech companies; Silicon Valley Bank failed – US$290 billion in deposit obligations, most of which were not insured – a weekend rescue plan saved depositors any more lost sleep, but shock waves are still rippling through banking circles and tech companies in the U.S. and Canada; the Canadian subsidiary of SVB has been seized by Canadian regulators – and Signature Bank failed too; meanwhile, across the pond, British and European bankers are watching closely, while tech companies everywhere are very nervous – and check out a great essay by Heather Cox Richardson …

+ Bank of Canada held its rate steady – first time in a year at 4.5% …

+ Canaccord Genuity Group Inc. board room landscape shifting, amid the management group’s hostile takeover bid that’s been brewing in recent weeks

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; WTI@US$74/bbl, Brent @ US80/bbl

+ Essential Energy Services Ltd. announced its 2023CapEx Budget is $8.0 million

+ FACILITYCalgary, published free every Tuesday morning; focused on oil & gas, finance and real estate industry news; click here to sign up – please tell your colleagues and friends, or sign them up …

+ McCain Foods is investing $600.0 million to double its facility in Coaldale, AB

+ MNP is expanding in Edmonton, merging with SVS Group LLP

+ MONDAY MORNING MINUTE has moved over to Substack; get weekly inspiration message and a selected quote in your in-box weekly; check out the new format – click here to this week’s message (March 13)

+ reader contributions are always welcome. Please forward comments, news items, and company appointment announcements to kolke@facilitycalgary.com

+ rig activity in Canada

+ rig counts/utilization (active/working) – US: down 3 to 746 this week; Canada: down 23 to 223 this week; full breakdown and international rig counts

+ Secure Energy’s 2021 acquisition of Tervita Corporation must be restructured says a ruling of the Competition Bureau

+ Shawcor Ltd. closed its acquisition of Triton Stormwater Management Solutions

+ Tax filings – hints / tips / links / contacts  for filing your 2022 returns – notice from CRA

+ Tax warning … something new for 2022 returns, with significant wallet-pain if you don’t file correctly; check this post on the ‘Underused Housing Tax’ outlining what to do, what to avoid, and how to comply with NEW rule concerning your property holdings. For questions/wayfinding, connect with National Indirect Tax Leader here in Calgary, David Crawford; or other relevant tips/links: for contractors, commodity taxes, business owners, U.S. properties, and timely right now- pricing of accounting and tax services – thanks to the gang at Achen Henderson

+ Trans Mountain Corporation published an update on its timing and cost of the expansion project and a video – capital costs are now projected at $31.0 billion

+ WestJet got the federal government’s blessing for its acquisition of Sunwing Vacations, but only with a lot of conditions




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Airex Energy closed $38.0 million funding round

+ Cipher Pharmaceuticals Inc. secured US$35.0 million credit facility

+ EMP Metals Corp. is on the market to raise $5.0 million equity raise by private placement

+ Intact Financial Corporation closed $300.0 million sub debt financing

+ LXRandCo. is on the market to raise $3.376 million in debt by private placement

+ Manulife Financial Corporation closed $1.2 billion sub debt raise

+ Martello Technologies Group Inc. is on the market to raise $1.2 million in equity by private placement

+ Morguard North American Residential REIT closed a $50.0 million convertible debt financing

+ OYA Renewables closed $216.0 million debt financing

+ Plaza Retail REIT is on the market to raise $40.0 million in equity

+ Rubellite Energy Inc. is on the market to raise $2.85 million in a flow-through share issue by private placement

veditor’s note: names of 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 …




 SAVE THE DATE / upcoming events

+ Mar. 14-17; MIPIM 2023, Palais des Festivals, Cannes, France; registration is open

+ Mar. 18; Calgary Inner City Builders Association 2nd Annual/2023 CUBE Awards, Telus Spark, Calgary; tickets

+ Mar. 23; IFMA Calgary Chapter; Facility Tour and Networking event; Calgary Stampede facilities; reserve your spot

+ Mar.  29-30; Petrochem Canada - West, Westin Calgary Airport; - program agenda, info / register

+ Apr. 4 & 5; BMO Capital Markets and Canadian Association of Petroleum Producers – Annual Energy Symposium, Investors Conference – save the date

+ Apr. 12; Business Transitions Forum Alberta; FINALIZED program, TELUS Convention Centre, Calgary; info/register

+ Apr. 17-18; Smart Energy Event, Westin, Nova Scotian, Halifax; agenda / register

+ Apr. 19; Top Glass, Conference and Exhibits; The International Centre, Mississauga; info/register

+ Apr. 22; Calgary Crime Stoppers Ruby Gala, Heritage Park – Gasoline Alley Museum, info/tickets

+ Apr. 23; Business Transition Forum, Alberta – Co-Chairs Kristina Williams and Cody Church – save the date; stay tuned for event registration and details

+ Apr. 23; Earth Day 2023 – theme is Invest in Our Planet

+ Apr. 25-27; Canadian Hydrogen Convention - , Edmonton Convention Centre; details/register

+ Apr. 27; IFMA Calgary Chapter; Facility Tour and Networking event at ATCO Headquarters; reserve your spot

+ May 2-3; Williston Basin Petroleum Conference, Regina; info / register

+ May 9-11; Canada Ga & LNG Exhibition & Conference, Vancouver Convention Center; info/register

+ May 10; Southwest Ontario Real Estate Forum, Kitchener/Waterloo; agenda / register

+ May 31-June 1; Inventures Canada Conference, TELUS Convention Centre, Calgary; registration/tickets

+ June 2-4; Writer’s Guild of Alberta Annual Conference: Origins, Fort Calgary – save the date

+ June 6-7; Global Energy Transition 2023, New York, NY; agenda, information/register

+ June 6-8; 10th Operational Excellence in Energy, Chemicals & Resources Summit, Calgary – agenda/ info/register

+ June 7-8; Global Energy Transition 2023. New York; info/register

+ June 12-14; NeoCon 2023 – THE MART, Chicago – call for presentations deadline Jan 31, 2023

+ June 13-15; Global Energy Show, Calgary – save the date

+ June 20-21; PetroChem Canada - East, Progressive Auto Sales Arena, Sarnia; info / register

+ June 21; Technology and Indigenous Development Summit, Metro Toronto Convention Centre; info/register

+ Sept. 13-14; Oil Sands Conference (Shell Place) & Trade Show (Suncor Community Leisure Centre) , Fort McMurray; conference / trade show

+ Sept. 17-21; 24th World Petroleum Congress; Energy Transitions – the path to Net Zero, BMO Centre, Stampede Park / registration

+ Sept. 26-28; BOMEX Edmonton 2023; JW Marriott/Ice District, Edmonton; details/registration open

+ Oct. 18-19; BUILDEX Alberta, 20-24; Calgary – save the date

+ Nov. 1-2; Supply Change, Conference & Expo, Westin Airport, Calgary; info / register

+ Nov. 7-8; Canadian Aerospace Summit, Ottawa - save the date

~~~

2024

+ Oct. 20-24; Greenhouse Gas Control Technologies Conference (GHGT), Telus Convention Centre, Calgary – save the date

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


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