FACILITYCalgary

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

FACILITYCalgary May 6/25

ARCHIVED ISSUES

CONVERSATIONS

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SHAKERS AND MOVERS 
appointments and disappointments 

+ Alexandra Screpnechuk to Associate, Asset Mgmt. & Development @ Dream Industrial REIT

+ Arnel Santos to Sr. VP Refining and Logistics @ Suncor

+ Barry Card to Interim CEO @ ClearStream Energy Services Inc.

+ Barry McInerney, Pres. & CEO @ Mackenzie Investments, retiring

+ Benn Timbury to COO @ Real Luck Group Ltd.

+ Bettina Pierre-Gilles to Director @ Prairie Provident Resources Inc.

+ Brian Ross to CEO @ Jackman

+ Celia Phaneuf to Director of People @ Verge Agriculture

+ Dean Kirkham to Pres. @ Trez Capital

+ Eric Dillon to Pres. @ General Bank of Canada

+ Eve Renaud to Director, Retail Leasing @ Cushman Wakefield Asset Services ULC

+ Fiona Macfarlane to Director @ Western Forest Products Inc.

+ Graham du Preez to CFO @ IsoEnergy Ltd.

+ Ian Lui to Sr. Underwriter, Energy Business in Canada @ AXA XL

+ Jason Dranchuk to VP Finance & CFO @ Prairie Provident Resources Inc.

+ Jody Wivcharuk to Sr. Client Partner @ Korn Ferry

+ Kate Zhou to Sr. Underwriter, Energy Business in Canada @ AXA XL

+ Keith Potter to CFO @ IGM Financial Inc.

+ Kirstin Evenden to Head of Bus. Dev. and Partnerships @ National Trust for Canada

+ Larry Radford to Pres., CEO and Director @ Argonaut Gold Inc.

+ Marco Drumonde to VP, Advisor & Investor Experience @ Starlight Capital

+ Michael Yarmo to Managing Dir., Restructuring @ Clariti Strategic Advisors

+ Michele Harradence to Sr. VP & President, Gas Distribution and Storage @ Enbridge

+ Mike Freeman to CEO @ BTG Energy

+ Mitch Willis to Technical Writer @ FortisAlberta

+ Peter Picciola to Chief Investment Officer @ BTB REIT

+ Rob Houle to Indigenous Advisor @ Geographical Names Board of Canada

+ Rod Miller to Director @ Deloitte

+ Ronnie Miller to Director @ Ceapro Inc.

+ Rusty Lewis to Director @ Quarterhill Inc.

+ Sarah Morgan-Silvester to Board Chair @ CWB Financial Group

+ Siana Crescenzi to Sr. Specialist, HR Strategic Partnering @ Pembina Pipeline Corporation

+ Steve Pollard to Bus. Dev. Mgr. @ Canstar Restorations

+ Tara Frederick to Supervisor, HR Advisory Services @ Pembina Pipeline Corporation

+ Trevor Dauphinee to CEO @ Invest Ontario

+ Yves Paletta, CEO @ ClearStream Energy Services Inc., resigned

~ 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 ]




 REMEMBRANCE  

+ Bill Phipps; clergyman, social justice advocate, 79

+ Dan Kearns; long time Edmonton Eskimos lineman, 65

+ Larry Wood; legendary sports journalist, 83




 HUMAN RESOURCES + WORKPLACE TRENDS 

+ GoodLife fitness criticized for large cross-country layoff

+ what about employer surveillance? … questions about Ontario’s new law




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CONVERSATIONS

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

some recent talks

speaking tips (90 x 1 minute each)

 
CONTACT MARK KOLKE 
 KEYNOTE SPEAKER AND WORKSHOP LEADER



 SHAREHOLDER MEETINGS

+ Mar. 18; Sun Life Financial Inc., Annual Meeting of Common Shareholders, live and virtual

+ April 7; Cargojet Inc., Annual General Meeting of Shareholders, virtual only

+ April 7; CIBC, Annual and Special Meeting of Shareholders, virtual only

+ April 9; United Conservative Party of Alberta, Special General Meeting/Leadership Review, Red Deer

+ April 13; BMO Financial Group, Annual Meeting of Shareholders, virtual only

+ April 14; TD Bank Group, Annual Meeting of Common Shareholders, virtual only

+ April 27; Canadian Pacific Railway Limited, Annual and Special Meeting

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




 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

+ Aug. 11; Cure Cancer Foundation’s Glenn Anderson day of Golf, Derrick Golf and Country Club, Edmonton; save the date

+ send us your 2022 tournament information – we are happy to post them here

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




  GLOSSARY + ABBREVIATIONS + ACRONYMS 

CLICK HERE FOR FULL GLOSSARY  




 INFRASTRUCTURE + P3 

+ Alberta budget provides for two new schools for Calgary; Evanston and Legacy




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EXECUTIVE COACHING



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DIGITAL COMPONENT CONSTRUCTION



The Level - SETON, ROHIT COMMERCIAL

The Level Seton - Rental by ROHIT
For showings and information, call Jenn at 587-600-1960 

e-mail CalgaryRentals@rohitgroup.com
 
NEW RENTAL HOUSING



link to Premiere used furniture website
 
OFFICE FURNITURE SALES

e-mail Kevin Phone
 
OFFICE MOVERS



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 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ Cogeco Inc. published its 6th ESG and Sustainability Report

+ RBC published its 2021 ESG report

+ Tidewater Midstream and Infrastructure Ltd. published its inaugural ESG Report




 THIS WEEK IN REITs + TRUSTS 

+ Cominar REIT closed its sale to Canderel Management, FrontFour, Artis REIT, Sandpiper Group and Koch JV; Cominar REIT now taken private

+ Nexus REIT is now known as Nexus Industrial REIT




 QUOTES 

+ Good management is the art of making problems so interesting and their solutions so constructive that everyone wants to get to work and deal with them. – Paul Hawken

+ Management is doing things right, leadership is doing the right things. – anonymous 




CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES



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. Domains operated by MaxComm Communications:

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 weekly newsletter

Est. July, 1999

~
Mark Kolke, Publisher

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NEWS SUMMARY 
 Mar. 2 ~ 8  /2022 


+ Aimco announced it will divest itself of all Russian holdings

+ Alberta relief on the way: as of April 1st, Alberta will stop collecting provincial gas tax and offer electricity rebates to offset current high energy prices …

+ Alberta rule changes on coal; reinstates eastern slopes exploration ban

+ Athabasca Minerals Inc. closed its acquisition of U.S. sand mine and facilities in Wisconsin

+ Avenue Living Group closed $138.0 million acquisition of 3-property/764-door portfolio in Calgary

+ Caltech Surveys have rebranded themselves

+ Canadian chartered banks raised their prime rates this week after the Bank of Canada bumped their overnight rate by ¼ of 1% …

+ Canfor Corporation closed its acquisition of Miller Western Forest Products Ltd.

+ Cominar REIT closed its sale to Canderel Management, FrontFour, Artis REIT, Sandpiper Group and Koch JV; Cominar REIT now taken private

+ COVID-19 in Alberta full current stats; OMICRON variant continues to surge (7,158 reported active cases, 1,103 in hospital, 77 in ICU, 3,972 COVID-deaths to date in Alberta)

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; crude prices spiking over uncertainty of Russian invasion of Ukraine and stability of global energy markets – spot prices for WTI @ US$122/bbl and Brent @ US127.00/bbl … with no clear picture of where this will go; while the bump in revenue is great in the short term for producers and royalties (i.e., Alberta government) it is sticker-shock at the gas pump …

+ Exxon Mobil Corp. announced plans for develop a hydrogen plant and carbon captures/storage facility in Houston

+ HOUSING TRUTH – monthly residential newsletter: HOUSING TRUTH – CLICK HERE TO SIGN UP for our mailing list  –  archived issues …

+ Nexus REIT is now known as Nexus Industrial REIT

+ Pembina Pipeline Corporation formed a JV with KKR to merge Western Canadian processing assets; Pembina 60%/KKR 40% - $11.4 billion deal

+ Petrus Resources Ltd. agreed to acquire a portfolio of Cardium assets as Ferrier in an all shares transaction

+ PROPERTYlines - commercial real estate quarterly newsletter; archived Issues  

+ rig activity in Canada

+ rig counts (active/working) – US: steady at 650 this week; Canada: down 7 to 217 this week; full breakdown and international rig counts

+ Saturn Oil & Gas Inc. closed a $7.9 million strategic asset acquisition

+ Shaw Communications takeover by Rogers Communications hit a snag seeking regulatory approval; looks like all the cell phone bandwidth owned by Shaw won’t be part of the deal … tic toc

+ war in Ukraine news links ; Canadians advised to leave Russia while means are still available

+ WestJet Group agreed to acquire Sunwing Vacations and Sunwing Airlines




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Canadian Spirit Resources Inc. is on the market to raise $1.05 million in equity by private placement

+ Prove Identity Inc. secured US$3.89 million funding

+ PSP Investments closed $1.0 billion debt raise

+ Reconnaissance Energy Africa Ltd. closed $47.5 million equity raise

+ Rogers Communications Inc. is on the market to raise US$7.05 billion in sr. debt by private placements

+ Sanctuary Cognitive Systems Corporation closed $75.5 million funding

+ Saturn Oil & Gas Inc. on the market to raise $2.19 million equity raise by private placement

+ Source Rock Royalties Ltd. closed $12.3 million equity raise by IPO

+ TC Energy Corporation closed US$800.0 million sub. debt raise

+ Vertex Resource Group Ltd. closed $15.0 million convertible debt raise

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

*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 …




 SAVE THE DATE / upcoming events

+ Mar. 30 – 31st; IoT North Conference and Exhibition, BMO Centre, Stampede Park, in-person/virtual; info/registration

+ Mar. 31 – Apr. 1; National Heavy Equipment Show, International Centre, Mississauga; save the date

+ Apr. 5; Business Transitions Forum, Westin Calgary, Calgary; info/registration

+ Apr. 6-8; Economic Developers of Alberta – EDA Experience 2022, Pomery Kananaskis Mountain Lodge, Kananaskis; info/partner/call for presenters

+ April. 12; Vancouver Real Estate Forum, Vancouver Convention Centre; info/register/save the date

+ April 20; Top Glass, Conference and Exhibits 2022, The International Centre, Mississauga, ON; info/register

+ Apr. 26; Winnipeg Real Estate Forum, RBC Convention Centre, Winnipeg; program/register

+ Apr. 30 PSAC Stars & Spurs Gala – in support of STARS Air Ambulance, info/tickets

+ May 4-6; NORTH51 Conference - RECOMBINATION, Rimrock Hotel, Banff; info/register

+ May 17; Western Canada Apartment Investment Conference, Edmonton Convention Centre; program/register

+ May 17-18; Williston Basin Petroleum Conference, Delta Marriott Regina; save the date/present/attend

+ May 18; Edmonton Real Estate Forum, Edmonton Convention Centre; agenda/register

+ May 22-26; World Economic Forum Annual Meeting, Davos-Klosters, Switzerland; agenda

+ May 26; Top 7 Over 70 awards gala, Hyatt Regency, Calgary; info/tickets

+ May 30 – June 1; Operational Excellence in Energy, Chemicals & Resources, BMO Centre, Calgary; info/register

+ June 6-9; Canadian Gas Association, Annual Technical Conference 2022 – Find Your Energy!; Toronto Sheraton, Toronto; info/register

+ June 7-9; Global Energy Show, Stampede Park, Calgary; awards nomination, info/registration

+ June 13-15; NeoCon 2022, The Mart, Chicago, info/save the date/register – call for presentations deadline Jan. 17

+ June 21-22; Petrochem Canada Conference, Sarnia, ON; info/register/book space

+ Sept. 13-15; BOMEX – Charlottetown 2022, info/register/save the date

~~~

2023

+ Sept. 17-21; 24th World Petroleum Congress – Energy Transition – the path to Net Zero, info/sponsorship/registration

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




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this site last updated May 6, 2025