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FACILITYCalgary May 6/25

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 THIS WEEK - NEWS SUMMARY 

  April 30 ~ May 6, 2025 


 


 U.S. Trump / TARIFF WAR WATCH ...

+ Apr. 24 – economy to contract in Q2 – small business impacts

+ Apr. 30 – impact on auto industry

+ May 3 -- Canadian Pacific Kansas City is facilitating Canada-Mexico trade-via-rail strategy to bypass Trump tariffs

+ May 4 – Trump says he’s taking steps to levy a 100% tariff against ‘non-U.S. made films’


 


  KUDOS   

+ to Diane Brisebois, inducted in the Canadian Retail Hall of Fame

+ to François Roberge, Pres & CEO @ la Vie en Rose – given a Lifetime Achievement Award by the Retail Council of Canada

+ to James Moore – founder and operator of Comedy Monday Night – concluded a 20 year run

+ to the fellows ...14 of them – CPA Alberta’s – 2025 Fellows of the Chartered Professional Accountants


 
                                                                                                

 
 
- 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

 
                                                                                                

 
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CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

OFFICE AND INDUSTRIAL LEASING

RETAIL LEASING AND SALES

 
                                                                                                

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  NEWS THIS WEEK  


+ Canadian Pacific Kansas City is facilitating Canada-Mexico trade-via-rail strategy to bypass Trump tariffs

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com / BOE INTEL ~  WTI @ US$59/bbl; Brent @ US$62/bbl –

+ EPCOR USA Inc. agreed to sell it’s Texas natural gas utility to SiEnergy Operating for US$60.0 million

+ FACILITYCalgary, a sponsor-supported FREE weekly newsletter now in our 26th year; our ‘send time’ is after close of business, every Tuesday evening

+ Government of Alberta: Premier Smith did a live-stream speech on the eve of Prime Minister Carney’s meeting  with U.S. President Trump – steering between the pylons of boundaries, rights and potential citizen actions that might trigger a referendum vote; debate the substance all you want, the timing of this not unifying in words or intent; it’s a warning shot to the new government; Premier Smith is pushing hard for the Carney government to back-track on Trudeau policies and legislation which is harmful to Alberta interests and her intention to create a panel ‘Alberta Next’

+ Government of Canada: Prime Minister Carney was Washington DC today; ‘not for sale’ message made clear; upcoming announcements of Cabinet members and Throne Speech - lots to watch. Meanwhile, MP Damien Kurek, Battle River-Crowfoot announced he intends to resign so Pierre Polievre can contest that seat in a by-election so he can remain as party leader and rejoin the House of Commons after he lost his long held Ottawa area seat – Carleton; meanwhile Conservatives chose Andrew Scheer as Interim Opposition Leader  and NDP appointed Don Davies as Interim Leader

+ H.I.G. Capital completed its acquisition of Converge Technology Solutions Corp.

+ Levio acquired Systemscope

+ 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 declared; Jyoti Gondek declared; Sonya Sharp, declared

+ 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

+ Parkland Corporation agreed to be acquired by Sunoco LP; cash and equity transaction valued at US$9.1 billion – 4,000 retail locations in North America; Sunoco will establish a new publicly traded company and will retain a corporate headquarters in Calgary and employment levels in Canada

+ Pekarsky & Co./Humanis Calgary - restructure/reb-rand; they’ve merged their Calgary and Toronto operations with Amrop Rosin -

+ REITrag – is a curated news publication real estate investment trusts; all Canadian REITs and adding American and European listings; available by subscription; sign-up form  …

+ rig activity in Canada, courtesy of BOE Report

+ rig counts/utilization (active/working) – US: down 3 to 584 this week; Canada: down 8 to 120 this week

+ Simply Better Brands Corp. rebranded/named Trubar Inc.

+ Tidewater Midstream and Infrastructure Ltd. agreed to acquire the North Segment of Pembina’s Western Pipeline System

+ Whitecap Resources Inc. and Veren Inc. shareholders meetings approved of their combination

                                                                

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SHAKERS AND MOVERS 
appointments and disappointments 

+ Adam Vaughan to Advisor @ Therme Canada

+ Bernard Duval to Pres. & CEO @ Numana

+ Dr. David Kideckel to CFO @ Rakovina Therapeutics Inc.

+ Fred Andriano to Director @ Sharc Energy

+ Jonathan Roiter to CFO @ Spin Master Corp.

+ John Cooper to Director @ Enerpure Inc.

+ Kathleen (Katie) Taylor to Board Chair @ Mattamy Asset Management

+ Kimberly Castle to Gen. Mgr. @ Planon North America

+ Luke Simpson to Pres. @ CANA Group of Companies

+ Mark Neufeld, Chief @ Calgary Police Services, resigned

+ Nik Nanos to Chancellor @ Carleton University

+ Rob Hengartner to Advisory Board @ The Home Equity Partners

+ Warren Buffett, Chairman @ Berkshire Hathaway, announced pending retirement

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 ]




THIS WEEK IN FINANCINGS 
- proposed & closed

+ CHIP Mortgage Trust closed a $225.0 million debt issue

+ Equitable Bank closed a $350.0 million deposit raise

+ EverGen Infrastructure Corp. is on the market to raise $7.0 million in equity by private placement

+ Hydro-Quebec closed a $500.0 million debt issue

+ Kane Biotech Inc. closed a $1.2 million equity raise by private placement

+ North American Construction Group Ltd. closed a $225.0 million sr. unsecured debt raise

+ Premium Global Income Split Corp closed a $35.175 million equity raise




 HR Resource + Workplace Trends + HSE 

+ Cenovus – layoffs announced

+ City of Leduc paid out $9.5 million for workplace class action lawsuit




 TECHNOLOGY / AI Trends 

+ AI’s progress in healthcare

+ Canadian CEOs embracing AI ... IBM report




 RISK 

+ Jasper recovery - - Insurance Bureau update

+ fire season status in Alberta, 2025: Alberta Forest Serivices data: 23 fires are active; 13 are current year active fires; 6 of those are fires being fought togethe with other agencies; 4 of those are 2024 fires ~ all under control; wildfire on Samson Cree Nation lands caused a declaration of a State of Emergency;  - 4 homes destroyed; out-of-control wildfire in Sturgeon Country – 390 hectare fire, one home lost, state of emergency declared; out-of-control wildfire close to Grande Prairie, west of Edmonton wildfire forced some evacuation of businesses in the area

+ TD information on insurance/catastrophe info




 CONSTRUCTION - BUILDING SERVICES 

+ Inglewood’s historically significant Gresham Block is gone – making way for new development ... 




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ Kruger Inc. published its 2024 Sustainability Report

+ 407 ETR Concession Company Limited published its 2024 ESG Report




 INFRASTRUCTURE + P3 

+ Government of Alberta - $141.0 million in planned capital spending for new and refurbishing mental health facilities  in Edmonton/Alberta Hospital




 REITs + TRUST NEWS 

+ REITrag covers activity and announcements on the activity of real estate investment trusts - REITs: - sign up at: https://markkolke.substack.com/s/reit-rag -  our new REITRag format coming soon …




 INTERESTING TRENDS: RETAIL 

+ MEC (Mountain Equipment Co-op) sale coming together ...

+ Parkland Corporation agreed to be acquired by Sunoco LP; cash and equity transaction valued at US$9.1 billion – 4,000 retail locations in North America; Sunoco will establish a new publicly traded company and will retain a corporate headquarters in Calgary and employment levels in Canada




 INTERESTING TRENDS: INDUSTRIAL + LOGISTICS 

+ CPKC has identified nine site-ready development locations – 6,000 acres




  SHAREHOLDER / INVESTOR MEETINGS 

+ May 6; George Weston Limited, Annual Meeting of Shareholders, Toronto

+ May 6; Loblaw Companies Limited, Annual Meeting of Shareholders, Brampton

+ May 6; Parkland Corporation, Annual General Meeting, Calgary

+ May 6; Pet Valu Holdings Ltd., Annual General Meeting, Markham

+ May 6; Premium Brands Holdings Corporation, Annual Meeting, Vancouver

+ May 7; Chartwell Retirement Residences, Annual General Meeting, Mississauga

+ May 7; Chorus Aviation Inc. Annual Meeting of Shareholders, Halifax

+ May 7; Vermilion Energy Inc., Annual General Meeting, Calgary

+ May 8; Canadian Tire Corporation, Annual Meeting of Shareholders, Toronto

+ May 8; Canfor Corporation, Annual General Meeting, by webcast

+ May 8; Canfor Pulp Products Inc., Annual General Meeting, by webcast

+ May 8; Cascades, Annual General Meeting, virtual only

+ May 8; Crombie REIT, Annual General Meeting of Unitholders, New Glasgow

+ May 8; Great-West Lifeco Inc., Annual Meeting, Winnipeg

+ May 8; iA Financial Corporation, Annual Meeting of Shareholder and Participating Policyholders, Quebec City

+ May 8; Imperial Oil, Annual Meeting of Shareholders, Calgary

+ May 8; MDA Space, Annual Meeting of Shareholders, Brampton

+ May 8; Pieridae Energy Limited, Annual and Special Meeting of Shareholders, Calgary

+ May 8; Quebecor, Annual Meeting of Shareholders, Montreal

+ May 8; Sun Life Financial Inc; Annual Meeting of Shareholders and Voting Policyholders; Toronto

+ May 8; TC Energy Corporation, Annual Meeting of Common Shareholders, Calgary

+ May 8; The Canada Life Assurance Company, Annual Meeting, Winnipeg

+ May 8; 5N Plus Inc., Annual General Meeting, virtual

+ May 9; Canadian Tire Corporation, Annual Meeting of Shareholders, Toronto

+ May 12; Quarterhill Inc., Annual and Special Meeting of Shareholders, Toronto

+ May 14; Boralex Inc., Annual Meeting of Shareholders, Montreal

+ May 15; AutoCanada Inc., Annual and Special Meeting of Shareholders, Edmonton/virtual

+ May 15; Keyera Corp, Annual and Special Meeting of Shareholders, Calgary

+ May 15; Mattr Corp., Annual Meeting, Toronto

+ May 15; Precision Drilling Corporation, Annual and Special Meeting of Shareholders, virtual only

+ May 15; South Bow Corp., Annual General Meeting, Calgary

+ May 20; Clearview Resources Ltd, Annual General and Special Meeting of Shareholders, Calgary

+ May 21; Aimia Inc., Annual General Meeting of Shareholders, Toronto

+ May 21; Northland Power Inc., Annual General Meeting, Toronto

+ May 22; Consulting Engineers of Alberta, 47th Annual General Meeting, virtual only

+ 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; BTB REIT, Annual General Meeting, Montreal

+ June 12; Africa Oil Corp., Annual General 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 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 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 - inquire/register

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




 UPCOMING EVENTS / SAVE THE DATE 

+ May 6; Transition Accelerator – Data Centres: Catalyst of Challenge for Canada’s Energy Sector, Edmonton – Zoom; register

+ May 14; Caldwell Round table – Economic and Sovereignty Crisis Webinar, register

+ 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 - 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 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 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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this site last updated May 6, 2025