+ Allan Kimberley to Director @ First Capital Realty Inc.
+ Angela Holtham to Director @ Oncolytics Biotech Inc.
+ Arianna Huffington to Director @ Onex Corporation
+ Diana Krecsy to CEO @ Calgary Homeless Foundation
+ Diane Brickner to Director @ CanElson Drilling Inc.
+ Grant Fagerheim to Director @ Advantage Oil & Gas Ltd.
+ Jane Bird to Director @ IBI Group Inc.
+ Jean Houde to Chairman @ National Bank of Canada
+ Jim Prentice, Director @ BCE Inc., resigned
+ Julie Payette to Director @ National Bank of Canada
+ Juri Pill to Director @ IBI Group Inc.
+ Linda Hohol to Director @ Oncolytics Biotech Inc.
+ Peter Brown, Director and Hon. Chairman @ Cannacord Genuity Group Inc. , stepped down
+ Raymond Chan to Non-Executive Chairman @ Baytex Energy Corp.
+ Richard Fortin to Director @ National Bank of Canada
+ Siim Vanaselja to Director @ TransCanada Corporation and TransCanada Pipelines Limited
+ Stephen Buscher to Director @ Canadian Quantum Energy Corporation
+ Susan MacKenzie to Director @ Freehold Royalties Ltd.
+ Tracey Ball to Director @ Fortis Inc.
QUOTES
“My father was an insurance man and a small-time gambler. He was a good man, but he had and eye fro the racehorses, and I saw how it used to bother my mother. I’ve never gambled a dime. Never, in all those years in Vegas.” – Don Rickles
“Part of the $10 million I spent on gambling, part on booze and part on women. The rest I spent foolishly.” – George Raft
+ Altima Resources Ltd. is on the market to raise $12.5 million in equity
+ AutoCanada Inc. closed $150 million sr. unsecured debt financing
+ AutoCanada Inc. secured $200 million credit facility
+ Baytex Energy Corp. is on the market to raise US$780 million in senior debt
+ Bellatrix Exploration Ltd. secured $625 million credit facility
+ Canadian Quantum Energy Corporation closed $1.17 million tranche of its equity financing
+ Canadian Spirit Resources Inc. is on the market to raise $10 million in equity
+ Chemtrade Logistics Income Fund is on the market to raised $110 million in convertible debt
+ Connacher Oil and Gas Limited secured US$128.4 debt financing
+ Enbridge Inc. closed $500 million preferred share issue
+ Encana Corporation announced its IPO offering for the PrairieSky Royalty Ltd. will be $1.46 billion
+ High Arctic Energy Services Inc. is on the market to raise $25 million in equity
+ Keyera Corp. is on the market to raise $276.6 million in equity
+ Manitoba Telecom Services Inc. is on the market to raise $225 million in debt
+ NorthWest International Healthcare Properties REIT closed $23 million equity financing
+ Northern Frontier Corp. is on the market to raise $31 million in equity
+ PanTerra Resource Corp. closed $20 million equity financing
+ Pure Multi-Family REIT LP closed US$20 million equity financing
+ Sunshine Oilsands Ltd. is on the market to raise US$325 million in sr. secured debt
+ Tanager Energy Inc. is on the market to raise $500,000 in equity
+ Toronto-Dominion Bank is on the market to raise $500 million by a preferred share issue
+ Royal Bank of Canada is on the market to raise $500 million by a preferred share issue
INTERESTING REAL ESTATE NEWS OTHER PLACES
+ Starlight U.S. Multi-Family Core Fund acquired a 50% interest in the Villages at Sunset Ridge a 257 unit, garden style, Class "A", apartment complex in Humble, Texas, a rapidly growing area of North Houston
+ Aurora Oil & Gas Limited got court approval (Australia) for being taken over by Australian sub. of Baytex Energy Ltd.
+ Black Diamond Group Limited secured a contract to supply a 1,244 person camp in the Montney region
+ City of Calgary’s $295 million airport tunnel opened to traffic; connector roads yet to be constructed
+ China and Russia signed a 30-yr. natural gas supply deal; Russia to receive US$400 billion over term of the deal
+ CMHC predicts housing starts will be down for 2014, marginally better in 2015
+ CMQ Resources Inc. got board approval for going-private transaction
+ current energy prices: live link to Bloomberg.com commodities data; oil was up on continued Libya fields closed, in advance of Ukrainian election & U.S. Memorial Day holiday
+ Churchill Corporation changing its name to Stuart Olson Inc.
+ Hess Corporation agreed to sell its retain arm to Marathon Petroleum for US$2.6 billion
+ InternationalSchool of Excellence lots its approval to operate after Government of Alberta reviewed independent audit/study report
+ Keyera Corp. agreed to a 30% participation in Enbridge Pipelines project – the Norlite Pipeline; amounts not disclosed
+ Northern Frontier Corp. agreed to acquire Central Water & Equipment Services Ltd.
+ NuVista Energy Ltd. to build a 34-kilometre extension of the Norwest Wapiti Pipeline to connect NuVista Montney production to SemCams Kaybob gas plants
+ RSA Insurance Group agreed to sell its Canadian unit, Noraxis, to Arthur J. Gallahger & Company for US$460 million
+ Suncor Energy Inc. completed its planned maintenance at its Montreal refinery
+ Sundance Energy Corporation agreed to amalgamate with Ceno Energy Limited
+ Thomas Lukaszuk entered the PC Party leadership race
+ Wal-mart Canada cutting 750 management jobs in a restructuring move
+ WorleyParsons Canada Services Ltd. led JV awarded FEED (front-end engineering design) and execution for the LNG Canada Project in Kitimat, BC
INFRASTRUCTURE / P3 / GREEN
+ City of Calgary’s $295 million airport tunnel opened to traffic; connector roads yet to be constructed
+ The School of Public Policy - University of Calgary issued a report on Municipal Infrastructure: The Free Ride Is Over - Canada needs to implement user fees to pay for aging municipal infrastructure - the municipal free ride is over
KUDOS
+ to the Fairmont Palliser Hotel – celebrating 10 years in business!
+ to Suncor Energy Inc. – they donated $600,000 to SAIT Polytechnic to support apprenticeship programs
+ June 19; 9th Annual CREW Calgary Golf Tournament – 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
