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




SHAKERS AND MOVERS 
appointments and disappointments 

+ Alisha Reynolds to CEO @ Tourism Calgary

+ Aly Sumar to CFO & Corporate Secretary @ Questor Technology Inc.

+ Andie Andreou to CEO @ Altis Recruitment & Technology

+ Christopher Cherry to CFO @ BioVaxys Technology Corp.

+ Corinne Pruzanski to Exec. VP & Chief Legal Counsel @ Cadillac Fairview

+ Jason Bagg to CEO @ C2C Metals Corp.

+ Jean-Charles Angers, Trustree @ SLATE Office REIT, resigned

+ Kent Kaulfield to CEO @ ConnectedCare

+ Sylvester Ong Pai Ko to Director @ Taiga Building Products Ltd.

+ Tim Kitchen to Board Chair @ Canadian Resource Railways LP

~ 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 ]




 REMEMBRANCE 

+ Jean Forest; former Senator, Order of Canada recipient and Chancellor @ University of Alberta, 97

+ Larry Andrews; Edmonton sales legend, founder of Lincolnberg Homes and ManCap Group, 77

+ Nicholas Kaketsis; founder of Caesar’s Steakhouse, 86




  CLIMATE CHANGE + LEED + RENEWABLES  

+ Capital Power Corp. canceled its planned $2.4 billion carbon capture and storage project due to failture to assure financial viability

+ CAPREIT secured $70.0 million funding for nationwide retrofit project

+ SolarBank is building a rooftop solar array on a 503,000 sq. ft. High Plains warehouse in Balzac

+ TransAlta scraps a planned wind farm project; puts 3 more on hold – uncertainty over impact of new Alberta government rule are the elephant in the room ...




 SAVE THE DATE / upcoming events

+ May. 8-9; Retail Supply Chain and Logistics Expo, Las Vegas Convention Centre

+ May 14; IFMA Calgary Chapter – building tour/social event @ ATCO Building 909+911 – 11 Ave SW; register

+ May 14-15, Canada’s Net-Zero Forum 2024, The Transition Accelerator, keynote speakers;  save the date/register

+ May 23; 2023 CEO of the Year Gala, TELUS Convention Centre, Calgary; tickets

+ May 31 – June 2; Inventures Conference; Telus Convention Centre, Calgary; info / register

+ June 10 – 12’ NeoCon, Design Takes Shape @ THE MART, Chicago - register

+ June 11-13; Global Energy Show Canada, Energy Powering Opportunity, BMO Centre, Calgary; register

+ June 18-19; Petrochem Canada Conference and Expo 2024, Sarnia, On; call for presentations

+ June 24-26; The WorkX Conference, Embrace the Future of Work, Dallas; info/register

+ Sept. 23- 25; BOMEX 2024, hosted by BOMA Vancouver – save the date

+ Sept. 24-26; International Pipeline Expo 2024, Telus Convention Centre, Calgary

+ Sept. 25-27; CREW Network (Commercial Real Estate Women), 2024 Annual Convention, Vancouver – save the date

+ Oct. 20-24; Greenhouse Gas Control Technologies Conference (GHGT), Telus Convention Centre, Calgary – info / register

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




 SAVE THE DATE - CHARITY GOLF TOURNAMENTS 

+ May 31; 14th Annual Treasure Life Golf Classic, Coloniale Golf Club, Beaumont; register

+ June 10; Headwater Learning Foundation – Golfing for Good Tournament, Glencoe Golf & Country Club; info / register *** Banquet speaker: Karen Gosbee

+ June 20; IFMA Calgary Chapter – IFMA Calgary Open; Lynx Ridge Golf Club, Calgary; sponsorship / golf

+ June 24; Rotary 28th Annual Stay-In-School Charity Golf Classic, Glencoe G&C Club, Calgary; register

+ July 11; 22nd Annual COAST Hotels, Shuhachi Naito Golf Classic, Tsawwassen Springs Golf Club, Delta; register

+ Sept. 4; 8th Annual Little Warriors Golf Tournament, The Quarry Golf Course – Edmonton; registration/donations/sponsors

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




 CORPORATE RESPONSIBILITY + ESG REPORTS 

+ ATCO Ltd./Canadian Utilities Limited published its 2023 Sustainability Report

+ Bain & Company published their ‘Visionary CEO’s Guide to Sustainability’

+ EPCOR Utilities Inc. published its 2023 Sustainability Report

+ Loblaw Companies Limited published its 2023 Sustainability Report

+ Perkins & Will published its inaugural ESG Report

+ SECURE Energy Services Inc. published its 2023 Sustainability Report




 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




 CONTRUCTION - BUILDING SERVICES NEWS 

+ Calgary Co-op broke ground on a new 43,000 sq. ft. location in Cochrane

+ CAPREIT secured $70.0 million funding for nationwide retrofit project

+ … in Denver, a pre-leasing of a 220,000 sq. ft . NEW (2025 completion) new Class A Mass Timber office in the face of a high-vacancy Denver office market. Is Mass-Timber here to stay? …

+ SolarBank is building a rooftop solar array on a 503,000 sq. ft. High Plains warehouse in Balzac

+ TransAlta scraps a planned wind farm project; puts 3 more on hold – uncertainty over impact of new Alberta government rule are the elephant in the room ...




 INTERESTING TRENDS/NEWS: RETAIL

+ Calgary Co-op broke ground on a new 43,000 sq. ft. location in Cochrane

+ London Drugs have reopened 49 of their 79 stores that were shut due to a data breach; re-openings of stores, restoration of phone lines, etc ...

+ Retail Council of Canada award finalists announced




 INTERESTING TRENDS/NEWS: MULTI-RES 

+ CAPREIT secured $70.0 million funding for nationwide retrofit project

+  CMHC released its 2023 Annual Report




 INTERESTING TRENDS/NEWS: OFFICE 

+ wework struck a US$450.0 million deal with Yardi to exit Chapter 11, spurning attempts by Adam Neumann to retake control of the company ...


 
                                                     

 
 
 
 
                                                     

FACILITYCalgary (in our 25th year!) is published by MaxComm Communications/Waterglass Press, units of PLANDflex Corporation, all rights reserved.© 1999 - 2024  

 
 


 
                                                     

 Sponsors of this week's issue:

 
EXECUTIVE SEARCH


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

 


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

 


 
ROCKY VIEW COUNTY
Business & Economic Development

 


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

 


 
visit: Premiere Van Lines Calgary / www.pvlcalgary.com
e-mail:  calgary@pvlcalgary.com
 
OFFICE MOVERS

 


 
BennettJones.com

 


 
 QUOTES 

+ Reputation is the echo of your actions. - James Clear

+ If you're trying to choose between two theories and one gives you an excuse for being lazy, the other one is probably right. - Paul Graham


 
                                                     



 
 
CONTACT MARK KOLKE 
PROPERTY MANAGEMENT SERVICES

 
OFFICE AND INDUSTRIAL LEASING

 
RETAIL LEASING AND SALES

 
                                                     

 


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

 
                                                     

 


 
CLICK HERE TO GET MARK'S HOME SEARCH APP FOR YOUR MOBILE PHONE - search any MLS listing you see, get information and/or book a showing without making a call - check it out! It's new and a VERY cool tool.

 
                                                     

 
 
↓SIGN UP TO GET FACIILITYCalgary↓

CLICK HERE - 

FACILITYCalgary FREE




 THIS WEEK - NEWS SUMMARY 

  May 1 ~ 7, 2024 


+ Calgary Co-op broke ground on a new 43,000 sq. ft. location in Cochrane

+ Canada Energy Regulator issued final authorization of Trans Mountain Expansion Project to operate

+ Capital Power Corp. canceled its planned $2.4 billion carbon capture and storage project due to failture to assure financial viability

+ CMHC released its 2023 Annual Report

+ Crescent Point Energy Corp. agreed to a $600.0 million non-core asset sale to Saturn Oil & Gas Inc.

+ current energy prices; live links to Bloomberg energy prices / OilPrice.com; WTI @ US$79/bbl; Brent @ US$83/bbl ~

+ fire season 2004 is underway: Alberta wildfire concerns are well founded;  47 fires active – 17 of them new/2024 fires – NO fires are out of control –

+ FACILITYCalgary, a sponsor-supported FREE weekly newsletter; ‘send time’ is early every Tuesday

+ Government of Alberta – in reverse; cut funding for low-income transit passes – and reversed itself in less than a week after protests from cities

+ Government of Alberta – in reverse; announced a new bill – Bill 20: new law to rule municipalities which was widely criticized, and in the same week announced there will be changes

+ Fort Calgary renamed/rebranded as ‘The Confluence Historic Site and Parkland’

+ London Drugs have reopened 49 of their 79 stores that were shut due to a data breach; re-openings of stores, restoration of phone lines, etc ...

+ MONDAY MORNING MINUTE - a weekly inspiration message and a selected quote in your inbox weekly; check out the new format; click here to sign up ;  click here for this week’s posting

+ Mullen Group Ltd. closed its acquisition of ContainerWorld Forwarding Services Inc.

+ 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 8 to 605 this week; Canada: up 2 to 120 this week

+ Rogers Communications Inc. planning to sell data centres to reduce debt associated with it’s Shaw merger

+ TransAlta scraps a planned wind farm project; puts 3 more on hold – uncertainty over impact of new Alberta government rule are the elephant in the room …

+ TransMountain Pipeline expansion project is complete; pipeline is operational! - check out Kelly Cryderman’s great piece

+ wework struck a US$450.0 million deal with Yardi to exit Chapter 11, spurning attempts by Adam Neumann to retake control of the company ...




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Cashco Financial Inc. closed a US$50.0 million debt raise

+ Hapbee Technologies Inc. closed $2.78 million equity raise by private placement

+ Healwell AI Inc. is on the market to raise $20.0 million in equity

+ International Battery Metals Ltd. closed US$10.44 million equity raise by private placement

+ JKS Resources Inc. closed $15.2 million in equity financings by private placements

+ Kraken Robotics Inc. is on the market to raise $17.5 million in equity

+ Royal Helium Ltd. is on the market to raise $6.0 million in equity

+ Saturn Oil & Gas Inc. is on the market to raise $100.0 million in equity




 INTERESTING TRENDS/NEWS: OFFICE 

+ wework struck a US$450.0 million deal with Yardi to exit Chapter 11, spurning attempts by Adam Neumann to retake control of the company ...




 SHAREHOLDER MEETINGS

+ May 7; George Weston Limited, Annual Meeting of Shareholders, Toronto

+ May 7; Minto Apartment REIT, Annual General Meeting, Toronto

+ May 7; Pea Value Holdings Ltd., Annual and Special Meeting of Shareholders, Markham

+ May 8; Canadian Utilities Limited, 97th Annual General Meeting, Calgary

+ May 8; Innergex Renewable Energy Inc., Annual Meeting of Shareholders, Longueil

+ May 8; Intact Financial Corporation, Annual Meeting of Shareholders, Toronto

+ May 8; Spin Master Corp., Annual Meeting of Shareholders, Toronto virtual

+ May 9; BSR REIT, Annual General Meeting, Toronto

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

+ May 9; Crombie REIT, Annual General Meeting, New Glasgow

+ May 9; iA Financial Group, Annual Meeting of the Shareholder, Quebec City

+ May 9; Manulife Financial Corporation, Annual Meeting of Common Shareholders, Toronto

+ May 9; MDA Space, Annual and Special Meeting of Shareholders, Brampton/virtual only

+ May 9; Power Corporation of Canada, Annual General Meeting, Montreal

+ May 9; Sherritt International Corporation, Annual Meeting of Shareholders, Toronto

+ May 9; Sun Life Financial Inc., Annual Meeting of Shareholders and Voting Policyholders, Toronto

+ May 9; Theratechnologies Inc., Annual Meeting of Shareholders, Montreal

+ May 9; 5N Plus Inc., Annual General Meeting, Montreal / virtual only

+ May 10; Crescent Point Energy Corp., Annual and Special Meeting of Shareholders, Calgary

+ May 13; Quarterhill Inc., Annual and Special Meeting of Shareholders, Toronto/virtual

+ May 14; Keyera Corp., Annual Meeting of Shareholders, Calgary

+ May 15; ATCO Ltd., Annual General Meeting, Calgary

+ May 15; Boralex Inc., Annual Meeting of Shareholders, Montreal/virtual only

+ May 15; Mattr Corp., Annual General Meeting, Calgary

+ May 15; FG Acquisition Corp., Special Meeting of Shareholders, Toronto

+ May 16; AtkinsRéalis  , Annual Meeting of Shareholders, Montreal

+ May 16; Precision Drilling Corporation, Annual and Special Meeting of Shareholders, Calgary

+ May 22; Peyto Exploration & Development Corp., Annual Meeting of Shareholders, Calgary

+ May 24; Enerplus Corporation, Special Meeting of Shareholders, Calgary

+ May 27; Indigo Books & Music Inc., Special Meeting of Shareholders, Calgary

+ May 28; Hess Corp., Special Meeting of Shareholders, New York

+ May 31; BRP Inc., Annual General Meeting, Valcourt

+ June 4; TC Energy Corporatrion, Annual and Special Meeting of Common Shareholders, Calgary

+ June 18; Falcon Oil & Gas Ltd., Annual General and Special Shareholder Meeting, Dublin

+ June 20; Invesque Inc., Annual General Meeting, Toronto

+ Aug. 20; Dye & Dunham Limited, Special Meeting of Shareholders, Toronto

~ some guidance on conducting virtual shareholder meetings, provided by BD&P

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


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