FACILITYCalgary

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FACILITYCalgary May 6/25

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SHAKERS AND MOVERS 
appointments and disappointments 

+ Adam Zeldin to VP @ Albert Gelman Inc.

+ Andre Corbould, City Manager @ City of Edmonton … sent packing …

+ Angela Sahi to Pres. & COO @ Morguard Corporation

+ David Smith to Director @ Tidewater Midstream and Infrastructure Ltd.

+ Emily Shelley to CEO @ PA Media Group

+ Frédéric Perron to Pres. & CEO @ Cogeco Inc. & Cogeco Communications Inc.

+ Gregg Tinling to CFO @ Boardwalk REIT

+ Harry Culham to Sr. Exec. VP, Group Head, Capital Markets and Direct Financial Services

+ Hratch Panossian to Sr. Exec. VP, Group Head, Canadian Banking @ CIBC

+ John Festival to Director @ Advantage Energy Ltd.

+ Lisa Smandych, CFO @ Boardwalk REIT, resigned

+ Peer Marshall to CFO @ Brookfield Asset Management

+ Rana Ghorayeb to Exec. VP & Head of Real Estate @ Caisse de dépôt et placement du Québec

+ Robert Sedran to Sr. Exec. VP and CFO @ CIBC

+ Tim Deacon, CFO @ Ontario Teachers’ Pension Plan, resigned

+ Tim Deacon to CFO @ Sun Life Financial Inc.

+  Zeeshan Abdy to Development & Transportation Engineer @ City of Red Deer

~ 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 

+ Roger Gibbons; political scientist, former Pres. @ Canada West Foundation, 77




 RISK

+ BC government – released flood strategy through to 2035

+ Canada wildfire season – new approaches




 HR / WORKPLACE ISSUES 

+ job shadowing programs improve retention

+ pay transparency is improving

+ re-imagining the workplace – the Hive concept




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ CIBC published its 2023 ESG disclosures

+ Cogeco Inc. published it’s Sustainability Report

+ Equitable Bank published its Public Accountability Statement

+ National Bank of Canada published its 2023 ESG Reports




 CLIIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ Government of Alberta proclaimed Electricity Statutes (Modernizing Alberta’s Electricity Grid) Amendment Act, effective March 6




 SAVE THE DATE / upcoming events

+ Apr. 2-3; Petrochem Canada|West, Westin Airport, Calgary; info/agenda/registration

+ Apr. 2-3’ SMR Canada – Small Modular Reactor/Summit 2024, Westin Airport, Calgary; info/agenda/registration

+ Apr. 9; EUREKA! … The California Wine Discovery/Safe Haven Fundraiser; TELUS Convention Centre, Calgary - tickets

+ Apr. 16; Government of Canada – Federal Government Budget; Ottawa

+ Apr. 16-17; Innovate West, Vancouver Convention Centre; info/book – save the date

+ Apr. 22; Earth Day 2024

+ Apr. 23-25; 2024 Canadian Hydrogen Convention, Edmonton Convention Centre - register

+ Apr. 20; Classroom Champions – Champion Chats Luncheon, Hyatt Regency, Calgary; sponsors/tickets

+ May 1; Business Transitions Forum – Alberta: Hyatt Regency, Calgary; info; program / speaker list / register

+ May 3; Little Warriors Be Brave Luncheon – Calgary; sponsorships - tickets

+ May. 8-9; Retail Supply Chain and Logistics Expo, Las Vegas Convention Centre

+ May 14-15, Canada’s Net-Zero Forum 2024, The Transition Accelerator, keynote speakers;  save the date/register

+ May 23; 2023 CEO of the Year Gala, TELUS Convention Centre, Calgary; tickets

+ May 31 – June 2; Inventures Conference; Telus Convention Centre, Calgary; info / register

+ June 10 – 12’ NeoCon, Design Takes Shape @ THE MART, Chicago - register

+ June 11-13; Global Energy Show Canada, Energy Powering Opportunity, BMO Centre, Calgary; register

+ June 18-19; Petrochem Canada Conference and Expo 2024, Sarnia, On; call for presentations

+ June 24-26; The WorkX Conference, Embrace the Future of Work, Dallas; info/register

+ Sept. 23- 25; BOMEX 2024, hosted by BOMA Vancouver – save the date

+ Sept. 24-26; International Pipeline Expo 2024, Telus Convention Centre, Calgary

+ Sept. 25-27; CREW Network (Commercial Real Estate Women), 2024 Annual Convention, Vancouver – save the date

+ 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 ]


 


 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

+ June 10; Headwater Learning Foundation – Golfing for Good Tournament, Glencoe Golf & Country Club; info / register *** Banquet speaker: Karen Gosbee

+ June 24; Rotary 28th Annual Stay-In-School Charity Golf Classic, Glencoe G&C Club, Calgary; register

+ Sept. 4; 8th Annual Little Warriors Golf Tournament, The Quarry Golf Course – Edmonton; registration/donations/sponsors

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


 
 


FACILITYCalgary (in our 25th year!) is published by MaxComm Communications/Waterglass Press, units of PLANDflex Corporation, all rights reserved.© 1999 - 2024  

 


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 QUOTES 

+ What matters in life is not what happens to you but what you remember and how you remember it. - Gabriel García Márquez




 KUDOS 

+ kudos to the Fischer-Cuthbertson family, for their $1.0 million donation to the Glenbow

+ kudos to ARC Resources Ltd. for its $5.0 million donation to the Arthur J.E. Childe Comprehensive Cancer Centre




 
CONTACT MARK KOLKE 
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 THIS WEEK - NEWS SUMMARY 

  March 20 ~ 26, 2024 


+ Black Press Media emerging from CCAA creditor protection; selling assets to three buyers

+ Ceapro Inc.’s merger with Aeterna Zentaris Inc. got shareholder and security holder approval

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com; WTI @ US$82/bbl, Brent @ US$87/bbl

+ Enbridge Inc. entered into a JV with WhiteWater/I Squared Capital to develop a Permian Basin LNG pipeline project

+ Exclusive Hardwood Flooring Ltd. et al placed in receivership; EY is the trustee

+ FACILITYCalgary, a sponsor-supported FREE weekly newsletter; ‘send time’ is early every Tuesday

+ Interest rate watch: Bank of Canada suggesting rate reductions soon, U.S. Federal reserve predicting 3-staged reductions in 2024, as have others around the word; first to actually do something was Swiss central bank cutting rates last week

+ MONDAY MORNING MINUTE - a weekly inspiration message and a selected quote in your inbox weekly; check out the new format; click here to sign up ;  click here for this week’s posting

+ New Interiors Ltd. in bankruptcy proceeding; Grant Thornton is the trustee

+ Parkland Corporation is marketing 157 gas station/convenience store locations across the country

+ 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

+ rig activity in Canada, courtesy of BOE Report

+ rig counts/utilization (active/working) – US: down 5 to 624 this week; Canada: down 38 to 169 this week

+ Tidewater Midstream and Infrastructure in JV to develop sustainable aviation fuel




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Air Canada closed US$2.15 billion sr. secured debt raise/credit facility

+ Brightpath Capital Corporation secured a $100.0 million credit facility

+ Énergir Inc., is on the market to raise $150.0 million in equity by private placement

+ First National Financial Corporaton is on the market to raise $200.0 million in unsecured debt

+ Hydro-Québec raised $500.0 million in a debt raise

+ LifeSpeak Inc. closed $5.0 million equity raise by private placement

+ LSL Pharma Group is closed a $6.44 million 1st trance of an equity raise by private placements

+ Martello Technologies Corp. is on the market to market to raise $1.5 million in equity by private placement

+ Nanalysis Scientific Corporation closed a $5.0 million equity raise

+ NervGen Pharma Corp. is on the market to raise $20.0 million in equity

+ NG Energy closed a US$40.0 million debt funding

+ Reconnaissance Energy Africa Ltd. is on the market to raise $15.0 million in equity

+ Royal Bank of Canada is on the market to raise $2.0 billion in unsecured sub. debt

+ Secure Energy Services Inc. closed a $300.0 million sr. unsecured debt raise

+ VitalHub Corp is on the market to raise $35.0 million in equity




 CONSTRUCTION - BUILDING SERVICES NEWS 

+ Urban Society for Aboriginal Youth broke ground; building First Indigenous Youth Centre in Calgary




 SHAREHOLDER MEETINGS

+ Mar. 28; Parkland Corporation, Annual General Meeting of Shareholders, Calgary [ concerns about scheduling from Simpson Oil are noteworthy ]

+ Apr. 2; Colliers International Group Inc., Annual and Special Meeting of Shareholders, Toronto/virtual only

+ Apr. 3; FirstService Corporation, Annual Meeting of  Shareholders, Toronto

+ Apr. 3; IBEX Technologies Inc., Annual and Special Meeting of Shareholders, Montreal

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

+ Apr. 4; Think Research Corporation, Special Meeting of Shareholders, Toronto/virtual only

+ Apr. 9; Scotiabank, 192nd Annual Meeting of Shareholders, Toronto

+ Apr. 10; EQB Inc., Annual and Special Shareholders Meeting, Toronto

+ Apr. 11; Cargojet Inc., Annual General Meeting, Mississauga

+ Apr. 16; BMO, Annual Meeting of Shareholders, Toronto

+ Apr. 19; National Bank of Canada, Annual and Special Meeting, Montreal

+ Apr. 24; Canadian Pacific Kansas City, Annual Meeting of Shareholders, Calgary

+ Apr. 24; Rogers Communications Inc., Annual and Special Meeting of Shareholders, Toronto

+ Apr. 26; SECURE Energy Services Inc., Annual General Meeting of Shareholders, Calgary

+ May 2; Paramount Resources Ltd., Annual General Meeting, Calgary

+ May 2; Topaz Energy Corp., Annual Shareholder Meeting, Calgary

+ May 9; Manulife Financial Corporation, Annual Meeting of Common Shareholders, Toronto

+ May 16; Precision Drilling Corporation, Annual and Special Meeting of Shareholders, Calgary

~ some guidance on conducting virtual shareholder meetings, provided by BD&P

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




 INFRASTRUCTURE + P3 

+ Calgary Green LRT plans and budget to be finalized in June




 INTERESTING TRENDS IN MULTI-RES REAL ESTATE 

+ Unitii Corp. sold Chelsea Estates (179 doors) to Globe Capital Management for $48.25 million




 REITs + TRUST NEWS 

+ Melcor REIT commencing strategic reiview; facing unitholder pressure to take the REIT private

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


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.


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this site last updated May 6, 2025