THIS WEEK at FACILITYCalgary
May 21 ~ 27, 2025
U.S. Trump / TARIFF WAR WATCH ...
- FACILITY Calgary - now in it's 26th year - every Tuesday morning - getting better, growing our audience, offering 'things you want to know' to people who want to know it
Sponsors of this week's issue :
PROPERTY MANAGEMENT SERVICES
OFFICE AND INDUSTRIAL LEASING
RETAIL LEASING AND SALES
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+ ARC Resources Ltd. acquiring a portfolio of Montney assets from Strathcona Resources Ltd. - $1.6 billion, all cash transaction
+ Canada Post service continues under the spectre of a looming strike ... tic toc
+ Canadian economy will avoid recession according to OECD report
+ CM Labs Solutions acquired AI Redefined
+ current energy prices; live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~ WTI @US$61/bbl; Brent @US$64/bbl ~
+ FACILITYCalgary , a sponsor-supported FREE weekly newsletter now in our 26th year
+ Forever Canadian initiative to counter those seeking a referendum for Albertans to consider leaving Canada – they advocate ‘No to Separation, No to 51st Statehood, and YES to Canada – awaiting approval from Elections Alberta; led by former Deputy Premier Thomas Lukaszuk – they are organizing/contact
+ Government of Alberta: Cabinet shuffle – 3 new ministers ; Cabinet Committee membership appointments ; shuffle in cabinet
+ Government of Canada: Throne Speech for the new Carney government , read today amid more than usual pomp and circumstance – read from the Canadian Senate Chamber by King Charles III ~ as a unity message, a Europe and UK relationship building message to the U.S. administration and a metaphorical middle-finger pointed Trump’s way - read the speech ; Energy Minister Hodgson advocating for pipelines and support for the energy industry
+ G-7 Finance Ministers met in Banff .. forerunner to upcoming G-7 leaders meeting;
+ G-7 Summit will be a boon to Calgary economically ....
+ Hudson’s Bay will close all stores this Sunday, 8,347 staff will be out of work
+ Definity Financial Corporation agreed to acquire the Canadian operations of Travelers for $3.3 billion
+ InterRENT REIT agreed to sell itself to CLV Group in transaction valued at $4.0 billion; 13,435 doors
+ Mayoralty and Calgary city council race watch – Calgary’s municipal election coming this October – declared Mayoralty candidates so far is five (5): Jeff Davison declared , Jeremy Farkas , declared; Brian Thiessen (The Calgary Party) declared; Jyoti Gondek declared; Sonya Sharp , (Communities First Party) declared. Calgary Party officially launched.
+ MONDAY MORNING MINUTE - a weekly inspiration message and a selected quote in your inbox weekly; check out the new format; check out this week’s issue – sign up is free
+ NHL Stanley Cup playoffs – Edmonton Oilers only Canadian team left: they’re playing Dallas now; Oilers won tonight, lead the series 3-1 ; winner of the series advances to the final series
+ NRG Energy agreed to acquire LS Power for $12.0 billion
+ Oakcreek Golf & Turf LP acquired LL Johnson and Midwest Turf & Irrigation units; terms not disclosed
+ REITrag – is a curated news publication real estate investment trusts; all Canadian REITs and adding American and European listings; available by subscription; sign-up for m …
+ rig activity in Canada , courtesy of BOE Report
+ rig counts/utilization (active/working) – US: down 10 to 566 this week; Canada: down 7 to 114 this week
+ Vemilion Energy Inc. sold it’s Saskatchewan assets for $415.0 million
+ Western Canada M&A activity/update from TrailWise Capital
+ Woodfibre LNG project taking shape – large modules arrived on site for installation
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SHAKERS AND MOVERS
appointments and disappointments
THIS WEEK IN FINANCINGS
- proposed & closed
HR Resource + Workplace Trends + HSE
CORPORATE RESPONSIBILITY + ESG REPORTS
INTERESTING TRENDS: RETAIL
INTERESTING TRENDS: MULTI-RES + HOTEL
SHAREHOLDER / INVESTOR MEETINGS
+ May 27; ARTIS REIT, Annual General Meeting , Toronto
+ May 29; BRP Inc., Annual and Special Meeting of Shareholders , virtual only
+ June 3; K-Bro Linen Inc., Annual General Meeting , Edmonton/virtual
+ June 4; Thomson Reuters, Annual Meeting of Shareholders , Toronto
+ June 10; Apollo Technology Capital Corporation, Annual and Special Meeting of Shareholders , Toronto
+ June 10; BTB REIT, Annual General Meeting , Montreal
+ June 11; Dollarama Inc., Annual General Shareholders Meeting , Montreal/virtual
+ June 11; Maple Leaf Foods Inc., Annual and Special Meeting of Shareholders , Mississauga
+ June 12; Africa Oil Corp., Annual General Meeting of Shareholders , Vancouver
+ June 13; Pizza Pizza Royalty Corp. Annual General Meeting , Toronto
+ June 16; MediPharm Labs, Annual & Special Meeting of Shareholders , Toronto/virtual
+ June 17; Boat Rocker Media Inc., Special Meeting of Shareholders , Toronto
+ June 18; Invesque Inc., Annual and Special Meeting of Shareholders , Toronto
+ June 20; Africa Energy Corp., Annual General and Special Meeting of Shareholders , Vancouver
+ June 24; Cielo Waste Solutions Corp., Annual and Special Meeting , Calgary
~ some guidance on conducting virtual shareholder meetings , provided by BD&P
[ please send your event notices and AGM notices to kolke@facilitycalgary.com ]
CHARITY + INDUSTRY GOLF EVENTS
+ June 5; Calgary Construction Association, Spring Golf Classic, Springbank Links, Calgary; register
+ June 19; IFMA Calgary Chapter, IFMA Open , Lynx Ridge Golf Club, Calgary; golf / sponsor
+ July 10; 23rd Annual Coast Hotels Shuhachi Naito Golf Classic, Tsawwassen Springs Golf Club, Delta, BC – registration open; email for info
+ July 17; Calgary Construction Association, Summer Golf Tournament ; Springbank Links, Calgary; sponsorship
+ July 25; 10th Annual Jann Arden Charity Golf Tournament in support of Enviros , Silvertip Resort, Canmore – register – sponsors
+ Sept. 8; Rotary Stay-in-School Charity Golf Classic, Glencoe Golf & CC, sponsor / register
+ Sept. 11; CEA Golf Tournament , The Ranch Golf and Country Club, Acheson – golf / sponsor
~ [please send your charity golf event notices to kolke@facilitycalgary.com ]
UPCOMING EVENTS / SAVE THE DATE
+ May 28; Connect Canada Conference , Malaparte, Toronto – register / sponsorship details
+ June 4; Canadian Grand Prix – new products Awards Gala , Toronto Congress Centre, North Building, Toronto; tickets/register
+ June 6 – 8; THIRDACTion Film Festival – in-person , The Confluence, Calgary; tickets go on sale May 9
+ June 10; Transition Accelerator webinar – Can we afford to ignore solar geoengineering ; register
+ June 10 - 12; Canada Gas & LNG , BMO Centre, Stampede Park, Calgary
+ June 10-12; Global Energy Show Canada – Exhibition & Conference , BMO Centre, Stampede Park, Calgary
+ June 11 - 15; THIRDACTion Film Festival – online – across Canada; tickets go on sale May 9
+ June 15-17; G-7 Leaders’ Summit, Kananaskis
+ June 17; Boralex Inc., Investor Day and 2030 Strategy , Montreal/virtual
+ June 18-19; Petrochem Optimizing Plant Operation , International Centre, Toronto; register
+ June 19; CEO of the Year Award Gala, Honouring Alexandre L’Heureaux Pres . & CEO, tickets
+ June 23; Alberta MLA by-elections : Edmonton-Ellerslie, Edmonton-Strathcona, and Olds-Didsbury-Three Hills [ writs issued / orders in council ]
+ June 25-26; Canada’s Net-Zero Forum 2025 ; Shaw Centre, Ottawa
+ July 3; Stampede Bowl ; Calgary Stampeders v. Winnipeg Blue Bombers, McMahon Stadium
+ July 3 – 6; Alcoholics Anonymous 2025 International Convention , Vancouver
+ July 4; Calgary Stampede Parade – Shania Twain, 2025 Parade Marshall
+ July 4 – 13; Calgary Stampede ; info/tickets
+ July 10; Bootleggin’ Breakfast, Westin Calgary; tickets
+ July 13 – 20; 2025 Senior League Baseball Championships , Webber Athletic Park,
+ Aug. 11-14; Global Indigenous Languages Summit – WAVES 2025, Ottawa
+ Nov, 20-21; Decentralized Energy Forum , Chateau Frontenac, Quebec City; tickets
+ Nov. 26-27; National Building Decarbonization Forum 2025 , National Arts Centre, Ottawa; register
[ please send your event notices and AGM notices to kolke@facilitycalgary.com ]
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