FACILITYCalgary

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

FACILITYCalgary May 6/25

ARCHIVED ISSUES

CONVERSATIONS

SIGN UP

↓SIGN UP TO GET FACIILITYCalgary↓

CLICK HERE - 

FACILITYCalgary FREE





Have you got news our readers will want to hear?  Send us your appointment (or disappointment) notices, press releases, and industry news to: kolke@facilitycalgary.com

Would you like to advertise in FACILITYCalgary?  If you are interested in sponsorship/advertising, please contack: kolke@markkolke.com

SHAKERS AND MOVERS 
appointments and disappointments 

+ Andre Fernandez, CFO @ WeWork, resigned

+ Avjit Kamboj to CFO @ Converge Technology Solutions Corp.

+ Beau White to Director @ Morien Resources Corp.

+ Eric Butler to Director @ West Fraser Timber Co. Ltd.

+ Erin Rand to CEO @ Grengine

+ John Baksh to CFO & Exec. VP @

+ John Oakey to VP of Tax @ CPA Canada

+ Josh Scherba to Pres. & CEO @ WildBrain Ltd.

+ Karl Kurz to Director @ Royal Helium Ltd.

+ Kyle Chriest to Interim CFO @ Quarterhill Inc.

+ Michele Campriani to Chief Revenue Officer @ Optiva Inc.

+ Michelle Chawla to Director & CEO @ Canada Council for the Arts

+ Neel Nandha to Research Associate @ Pekarsky & Co.

+ Paul Charette, Director @ Bird Construction, retired

+ Saeideh Fard to CFO @ Introhive

+ Sevaun Palvetzian to CEO @ UNICEF Canada

+ Sophie Brochu to Director @ CGI Inc.

+ Ward Polzin to Director @ Enerplus Corporation

~ 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 ]




PUT YOUR 
COMPANY HERE
 Advertising/sponsorship queries:  kolke@facilitycalgary.com 
SEE YOUR 
BRAND HERE



 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

+ June 8; Raisin’ Health -  h!p and NSTEP, family golf fundraising function; GolfutureYYC, Calgary - tickets

+ June 12; Headwater Learning Foundation/Calgary Academy’s Golfing For Good, Glencoe Golf & Country Club, Calgary; info/register

+ June 13; Distress Centre Calgary, Drive for Distress Charity Golf Tournament, Valley Ridge Golf Course, Calgary – save the date

+ June 15; Alberta IoTee: Women’s Golf Edition, Heritage Pointe, Calgary - register

+ June 21; IFMA Calgary, Lynx Ridge Golf Club, Calgary – save the date

+ July 11; Airdrie Business Club, 7th Annual Charity Golf Tournament, Woodside Golf Course, Airdrie; info/register

+ July 13; Coast Hotels, 21st Annual Shu Naito Golf Classic, Tsawwassen Springs Golf Club, Delta, BC; info/register/charity information

+ July 21; Alberta IoT – 4th Annual Golf Tournament, Lynx Ridge Golf Club, Calgary – register

+ Sept. 11; Rotary Stay In School Charity Golf Classic, Glencoe Golf & Country Club, Calgary; sponsor, register to golf

+ Sept. 28; Accessible Housing Annual Fundraising Gala, Silver Springs Golf Cub, Calgary – save the date

+ send us your 2023 tournament information – we are happy to post them here

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




CONVERSATIONS

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



CONTACT MARK KOLKE 
 KEYNOTE SPEAKER AND WORKSHOP LEADER

- writer
- emcee
- speaker
- publisher
- facilitator
- interviewer

- sales
- leasing
- consulting
&
- rural land 
- residential
- commercial

 - 40 years in the industry
- Calgary and Edmonton

My head is full of great ideas; I don't push, I serve. I help client solve real estate problems. Experience teaches a lot, and in my experience focusing on the solution without understanding the problem well first really limited the options which could be the best solution. For example, I helped a client reduce costs, reduce the size of their space substantially, negotiated a new long term lease without  them having to leave a building the love. The didn't have to move, change their address - but we changed some thinking. The office differently than in pre-pandemic times. 
If you have a problem to solve with a lease, with costs, and figuring out the future, we can help.

   
 
 
 


 SHAREHOLDER MEETINGS

+ May 30; ENMAX Corporation, Annual Meeting of Shareholder, Calgary

+ June 1; Allied Properties REIT, Series C Debentureholders Meeting, Toronto

+ June 1; BRP Inc., Annual Meeting of Shareholders, Valcourt, QC - – virtual only

+ June 4; Writer’s Guild of Alberta, 2023 Annual General Meeting, Calgary – hybrid

+ June 7; Dollarama Inc., Annual General Meeting of Shareholders, Montreal – virtual only

+ June 9; Neo Performance Materials Inc., Annual General and Special Meeting, Toronto

+ June 13; Peyto Exploration & Development Corp., Annual General Meeting, Calgary

+ June 14; Aeterna Zentaris Inc., Annual General and Special Meeting of Shareholders, Toronto – virtual only

+ June 15; Canadian Pacific Kansas City, Annual Meeting of Shareholders, Calgary – virtual only

+ June 16; Frontenac Mortgage Investment Corporation, Annual and Special Meeting, Toronto – virtual only

+ June 21; Alvopetro Energy Ltd., Annual General and Special Meeting, Calgary – hybrid

+ June 22; Africa Energy Corp., Annual and Special Meeting of Shareholders, Vancouver

+ June 22; Shamaran Petroleum Corp., Annual General and Special Meeting, Vancouver

~ Canadian banks and life insurance companies got approval to do their 2023 annual meetings virtually

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




 REITs + TRUST NEWS 

+ REITrag is our new publication covering REITs: March/2023 ~ Issue #1; April/2023 ~ Issue #2

+ May issue of REITrag coming in early June; sign-up to subscribe to REITrag at: Monday Morning Minute / REITrag sign-up form – Monday Morning Minute is a weekly/free publication, REITrag is for paid subscribers only $4/month or $52/year – there is a promotion on sign-up, 20% off that expires May 31st




 Sponsors of this week's issue:



link to Premiere used furniture website
 
OFFICE FURNITURE SALES





Our IFMA Calendar - save these dates for facility tours + networking events coming in 2023:

June 21 - IFMA Golf Tournament - Lynx Ridge golf club / save  the date 

Registration via our Events Page - click here


And - we are building back our Board - contact Mark Kolke for more information about joining the Calgary Chapter's leadership team. We have room to grow, and you can help ...

 


 
EXECUTIVE SEARCH

 

Oliver Baezner, Managing Partner
oliver.baezner@altopartners.ca

64 OFFICES ACROSS 37 COUNTRIES



ROCKY VIEW COUNTY
Business & Economic Development



 
BennettJones.com



Visit: https://falkbuilt.com/
~
E-mail: thom.hinton@falkbuilt.com
~
DIGITAL COMPONENT CONSTRUCTION



 KUDOS 

+ to David Farran and his crew at Eau Claire Distillery for its big win at the 2023 San Francisco World Spirits Competition




CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES

Mark Kolke, DTM, VP Commercial - MaxWell Capital Realty
6204B Burbank Road SE, Calgary, AB T2H 2C2
. . . . . . . . . . . . . . . . . . . . . . 
Consultant - Special Purpose Projects, P3, Education Facilities
Agent - Investment Sales; Office, Industrial & Retail Leasing
A full-service real estate practice:
Commercial - Investment Sales & Leasing | Consulting | 
Agricultural | Residential Sales | Land | Property Management | 
 
Phone/Text: (403)-312-8359 / email: kolke@markkolke.com 
PLANDflex Corporation / Consulting Services
Editor / Publisher - FACILITYCalgary
MaxWell Capital Realty / VP Commercial /Agent/Realtor
. . . . . . . . . . . . . . . . . . . . . . 



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. 


NEWS SUMMARY 

 May 24 ~ 30 / 2023 


+ Alberta election yesterday – 87 seats; election night results (likely subject to come recounts on close races); UCP – 49 seats, down from 63 in 2019 election), NPD – 38 seats (up from 24 in 2019); complete ‘unofficial results’ at Elections Alberta site; several Calgary riding flips in Calgary defeated cabinet ministers; final results will be announced June 8th. Premier Danielle Smith won election handily in her seat, as did opposition leader Rachel Notley. Once a Speaker is elected, the UCP will have 48 seats vs. 38 in the Legislature.

+ Alberta wildfires emergency relief – cash payments, emergency needs, accommodation

+ Alberta wildfire dangers are easing – cooler temperatures and rain have helped take some pressure off firefighters; energy companies news releases on wildfire impacts on assets and production: Crescent Point Energy, Kiwetinohk, Kelt , NuVista Energy Ltd.,  Paramount Resources, Pipestone Energy,

+  and more fire news: status of 63 active fires, status of 10 fires of note/out of control; cooler temperatures and rain are aiding the fire fighting efforts

+ Cannacord Genuity Group Inc. completed its acquisition of Mercer’s Canadian Private Wealth Business; terms not disclosed

+ ConocoPhillips announced it will exercise it’s right to acquired remaining 50% of Surmont from TotalEnergies EP Canada Ltd. for US$3.0 billion

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; WTI @ US$71/bbl, Brent @ US$75/bbl

+ FACILITYCalgary, a sponsor-supported FREE weekly newsletter; published every Tuesday morning at 6:00 AM (MDT); focused on oil & gas, finance and real estate industry news; click here to sign up – please tell your colleagues and friends, or sign them up …

+ Gibson Energy Inc. sanctions 870,000/bbls in new storage facilities; announced its 2023CapEx Budget has been adjusted to $150.0 million

+ IFMA Calgary Chapter: board elections WOW, 15 nominees [Adele Boudreau, Andrea Solaja, Craig Smith, Cyrstal Raymond, Daniel Cherry, Daniel Hornsberger, Grant Summerfleld, Helen Hieb, Lance Lalilberte, Mark Kolke, Mohamed Abdulaziz, Ola Muniak, Shoshank Shrivastava, Sue Padua and Terry Karsten]: members voting deadline is June @ 5PM; if you are a lapsed member, or want to join our re-charge the Chapter initiatives, go to: https://ifmacalgary.org/our-impact

+ IFMA Calgary Chapter announced its annual golf tournament will be held June 21st @ Lynx Ridge – after a pandemic pause, returns this year, golfer registration – learn about the charities we are supporting, add your name and support to our already committed sponsors & book for golf – singles, foursomes, or lunch +

+ MONDAY MORNING MINUTE is now at Substack; get a weekly inspiration message and a selected quote in your in-box weekly; check out the new format; click here to sign up;  click here to this week’s message)

+ reader contributions: always welcome. Please forward comments, news items, and company appointment announcements; if there you have we’ve missed, send it to kolke@facilitycalgary.com

+ REITrag – monthly newsletter report of REITs, will be of interest and inform investors, asset managers, investors, agents/brokers on this growing and vitally important sector of the real estate industry; sign up get on the mailing list

+ REITrag is our new publication covering REITs: March/2023 ~ Issue #1; April/2023 – Issue #2

+REITrag May issue is on the way (early June); sign-up to subscribe to REITrag at: Monday Morning Minute / REITrag sign-up form – Monday Morning Minute is a weekly/free publication, REITrag is available only for paid subscribers - $4/month or $52/year; a promotion on sign-up, 20% off that expires May 31st

+ rig activity in Canada

+ rig counts/utilization (active/working) – US: down 9 to 711this week; Canada: up 2 to 87 this week; full breakdown and international rig counts




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Baylin Technologies Inc. closed $3.12 million equity raise by private placement

+ Carebook Technologies Inc. closed $1.25 million in equity by private placement

+ Exro Technologies Inc. closed $34.931million equity raise

+ Generative AI Solutions Corp. is on the market to raise $5.04 million in equity by private placement

+ IGM Financial Inc. completed a $300.0 million debt raise

+ PRO REIT closed $35.0 million debt raise

+ TinOne Resources Inc. is on the market to raise $1.0 million in equity by private placement

editor’s note: names of 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

+ May 31-June 1; Inventures Canada Conference, TELUS Convention Centre, Calgary; registration/tickets

+ June 2-4; Writer’s Guild of Alberta Annual Conference: Origins, Fort Calgary – info/register

+ June 6-7; Global Energy Transition 2023, New York, NY; agenda, information/register

+ June 6-8; 10th Operational Excellence in Energy, Chemicals & Resources Summit, Calgary – agenda/ info/register

+ June 7-8; Global Energy Transition 2023. New York; info/register

+ June 8; Canadian Climate Investor Conference, Hyatt Regency, Toronto; info/register/tickets

+ June 12-14; NeoCon 2023 – THE MART, Chicago – keynotes announced

+ June 13-15; Global Energy Show, Calgary – save the date

+ June 20-21; PetroChem Canada - East, Progressive Auto Sales Arena, Sarnia; info / register

+ June 21; Technology and Indigenous Development Summit, Metro Toronto Convention Centre; info/register

+ Sept. 13-14; Oil Sands Conference (Shell Place) & Trade Show (Suncor Community Leisure Centre) , Fort McMurray; conference / trade show

+ Sept. 17-21; 24th World Petroleum Congress; Energy Transitions – the path to Net Zero, BMO Centre, Stampede Park / registration; early bird registration is open; exhibition features – what, where, when

+ Sept. 26-28; BOMEX Edmonton 2023; JW Marriott/Ice District, Edmonton; details/registration open

+ Oct. 18-19; BUILDEX Alberta, 20-24; Calgary – save the date

+ Nov. 1-2; Supply Change, Conference & Expo, Westin Airport, Calgary; info / register

+ Nov. 7-8; Canadian Aerospace Summit, Ottawa - save the date

+ Nov. 14-15; Oilfield Electrification Technology Conference, Hyatt Houston West, Houston; register, submit abstracts

~~~

2024

+ 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 ]




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ Copperleaf Technologies Inc. published its 2022 ESG Report




 INTERESTING TRENDS IN OFFICE REAL ESTATE 

+ WeWork CFO resigned on the heels of the CEO’s departure … tik tok


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.


Our mailing address is: 6204B Burbank Road SE, Calgary, T2H 2C2, Canada

this site last updated May 6, 2025