+ June 12; IFMA Calgary’s 21st Annual Golf Classic, Lynx Ridge, Calgary – save the date
+ June 21; 10th Annual Local 496 Plumbers & Pipefitters Charity Golf Classic, in support of Fresh Start Recovery Centre; McKenzie Meadows – register/sponsorships
+ ARUP chosen as prime consultant by Government of Alberta for new Calgary Cancer Centre, to be located on the Foothills Medical Centre site; project will likely involve a P3 dimension ; 80-90,000 m2 ; project expected to start construction in 2016
+ RoyalInlandHospital project for Kamloops – design/builder named; Bird Construction Inc. named. Project budget cost for the ClinicalServicesBuilding is $79.8 million
INTERESTING REAL ESTATE NEWS OTHER PLACES
+ Cadillac Fairview Corporation announced further work on its downtown Montreal redevelopment now dubbed: Quad Windsor
+ Tricon Capital Group Inc. closed its US$ 49.5 million syndication of the Vistancia West project in Phoenix, Arizona
TODAY'S HEADLINES
Veresen’s JordanCOVE LNG approval | Hancock sworn in as premier/Redford resigned | Alberta forecast top economy in Canada for 2014 | Wayne Steer interview | appointments + financings >>>>
+ Canada, U.S. and European governments have launched a series of sanctions against Russia in retaliation for its land-grab taking Crimea away from Ukraine; Russia is reciprocating with sanctions of its own; energy prices in Europe facing volatility, particularly regarding natural gas supplies to Europe from Russia
+ Canyon Services Group Inc. increased its 2014 CapEx Budget to $62.9 million
+ Caracal Energy Inc. and TransGlobe Energy Corporation agreed to merge; combined market cap. of US$1.8 billion
+ Cenovus Energy Inc. got Alberta Energy Regulator approval for its Grand Rapids SAGD oil sands project that will be aimed at 180,000 barrel/day production
+ Chesapeake Energy Corp. announced it will its oilfield services division
+ CHS Inc. agreed to acquire 16 retail facilities in Alberta and Saskatchewan from Agrium Inc.; price not disclosed
+ CWC Well Services Corp. agreed to acquire Ironhand Drilling Inc. for $103 million
+ Donna Kennedy-Glans, Government of Alberta Associate Minister for Electricity and Renewable energy, resigned from Cabinet and left the PC caucus to sit as an independent MLA as part of the push-Redford from office actions of PC MLA’s
+ Encana Corporation in talks to sell its Jonah Field project in Wyoming to Carlyle Group LP and NGP Energy Capital Management LLC for $2 billion
+ Government of Canada provided a payment of $500 million to the Government of Alberta towards flood relief relating to June 2013 floods in southern Alberta
+ Houston ship channel closed for clean-up due to spill from barge/ship collision
+ Ivanhoe Energy Inc. suspended its $1.37 billion Tamarack oilsands project claiming uncertainty in the regulatory regime as the reason
+ Keyera Corp. agreed to acquire several gas plant facilities in west-central Alberta from Whitecap Resources Inc. for $113 million
+ Keyera Corp. announced a long term diluent handling agreement with Cenovus Energy Inc. via its Fors Saskatchewan facility
+ KingSett Canadian Real Estate Income Fund LP acquired a 7% stake in MCAN Mortgage Corporation
+ LGX Oil + Gas Inc. announced its 2014 CapEx Budget is $13.4 million
+ Loblaw Companies Ltd. got Competition Bureau approval of their $12.4 billion takeover of Shoppers Drug Mart; approval conditions require them to sell 18 stores and 3 pharmacies. 3 of those 18 are in Alberta(Innisfail, Devon, Westlock)
+ North Frontier Corp. announced its 2014 CapEx Budget is $14.3 million
+ Passport Energy Ltd. and Amarok Energy Inc. agreed to a proposed merger
+ Pieridae Energy’s LNG export facility planned for Goldboro, Nova Scotia got environmental assessment approval
+ RBC Economics published their outlook – indicates Alberta’s economy will be tops among the provinces for 2014 – Craig Wright video
+ Rock Energy Inc. announced its 2014 CapEx Budget is $85 million
+ SilverWillow Energy Corporation engaged advisors for a review of strategic alternatives to enhance shareholder value
+ Steelhead LNG Corp. is planning a west coast LNG export facility, site not yet determined/disclosed
+ Vermilion Energy Inc. agreed to acquire a portfolio of SE Saskatchewan Williston Basin assets for $400 million
+ Whitecap Resources Inc. agreed to acquired a portfolio of Alberta and BC oil & gas assets from Imperial Oil Limited for $855 million
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