+ astronaut Chris Hadfield named Parade Marshall for Calgary Stampede 2013
QUOTES
“Football incorporates the two worst elements of American society; violence punctuated by committee meetings.” – George Will
“It’s true that I lost to Richard Nixon on the general election by a big margin. But that wasn’t my mistake. That was the mistake of the voters. . .” – George McGovern
NEWS TODAY May 14 / 2013
+ B.C. provincial election today; NDP favoured, Premier Clark risk of losing her own seat as Liberal support erodes
+ entourage from St. John, New Brunswick in Calgary – advocating for Energy East Pipeline to supply Irving Oil Refinery
+ Government of Alberta introducing legislation to ram through the new teacher’s contract over-riding resistance by Calgary Board of Education and some teachers’ union locals
+ Parkland Fuel entered agreement with Shell to deliver Shell’s LNG to industrial customers
+ The Bank of Canada will release its Spring Issue of the Bank of Canada Review May 16th
+ Wenzel Downhole Tools Ltd. in deal with Basin Tools LP, going private transaction valued at $98.8 million
NEWS REVIEW May 8 - 13
+ Apache Corp. planning to sell $4 billion in assets this year
+ pilot project – Algai Carbon Conversion Pilot Project, algae based recycling of industrial C02 emissions; partners are National Research Council, CNRL and Pon Biofuels Inc. – to build $19 million facility in Alberta
+ Paramount Resources Ltd. increased its 2013 CapEx Budget to $650 million
+ Pure Industrial REIT agreed to acquire 4 industrial properties in Calgary; $72 million, going-in cap rate of 5.91%
+ Revera Inc. formed JV with Heath Care REIT, for 47 Revera retirement properties in Canada; Reveral to retain mgmt and 25% interest in $1.35 billion portfolio
+ Surge Energy Inc. agreed to sell US$42.75 million in non-core South Dakota assets
+ Talisman Energy Inc. selling its Poland interests to its partner San Leon Energy, and closed its Warsaw office
INFRASTRUCTURE / P3 / GREEN
+ BowValleyCollege officially opened its $160.5 South Campus expansion (thanks for inviting me!)
+ Public Sector Pension Investment Board is acquiring Hochtief’s airport unit in a US$1.4 billion deal
+ TransAlta Corp. teaming with MidAmerican Energy Holdings formed partnership – TAMA Transmission to bid on $1.6 billion 500 km. long electrical transmission project starting at Wabamun to Fort McMurray
+ AESO issued a Request for Expressions of Interest for construction of the Alberta Transmission Build project – 500KV,
SAVE THE DATE / upcoming events
+ May 14-16; Canadian Advanced Manufacturing Expo, Toronto Congresss Centre,info/register
+ May 16; IFMA Calgary Chapter Luncheon/Five Levels of Leadership, Fairmont Palliser, Calgaryinfo/register
