COMING SOON: Watch for upcoming interviews - Noreen Music, Laura Newcombe, Mitzi Murray, Brian Keating, and many more!

+ Amanda DOWDELL to Commercial Account Exec. @ Alpine Insurance & Financial Inc.

+ Anique ASHER to Exec. VP Finance and Strategy @ Scotiabank

+ Anthony RICCIUTI to Exec. VP Retail @ NORR

+ Ashley FREEBURN to Recruitment Specialist @ IT/IQ Tech Recruiters

+ Bill WOOD to Pres., CEO & Director @ Sylogist Ltd.

+ Blair TAMBLYN to CEO @ Timbercreek Financial

+ Christine BARR to CEO, Canada @ Millennium1 Solutions

+ David GOLDSTEIN to CEO @ Travel Alberta

+ Dr. Chika Stacy ORIUWA to Director @ Indigo Books & Music Inc.

+ Dr. Sunil GUPTA to Chief Medical Officer @ Quest Pharmatech Inc.

+ Edward GILBERT, Director @ Firm Capital Corporation, resigned

+ Elizabeth COOPER-DODDS @ Cardinal Capital Management Inc.

+ Erin OLSEN to Judge, Southern Region @ Provincial Court of Alberta

+ Gordon CRAWFORD to Director @ Medxtractor Corp.

+ Janine SULLIVAN to Pres. & CEO @ FortsAlberta Inc.

+ Jean-Pierre COLIN to Strategy Consultant @ Saturn Oil + Gas Inc.

+ Jean-Phillipe TOWNER to CFO @ Dollarama Inc.

+ Jennifer ASQUIN to Sr. Legal Counsel @ Inter Pipeline

+ Joel BRAY to VP Relationship Mgmt. @ Cardinal Capital Management Inc.

+ John PANTAZOPOULOS to Director @ E3 Metals Corp.

+ Jovann ANTUNOVIC, Sr. VP & Chief Commercial Officer @ Theratechnologies Inc., resigned

+ Karen BALL, Interim Pres. named Pres. & CEO @ Calgary Council of Voluntary Organizations (CVO)

+ Karen KIMEL to Partner, Corporate Advisory and Restructuring Group @ Richter

+ Kate KELLY to Pres.-Elect @ Canadian Society of Professional Event Planners

+ Mario ALBERT to Director @ iA Financial Group

+ Mark SALKELD to COO Canada, USA, and Bahrain @ Katch Kan Canada

+ Michael MOSHER, Pres. & CEO @ FortisAlberta Inc., retired

+ Michael WARNER to Director @ Firm Capital Corporation

+ Misheck MWABA to Pres. @ Bow Valley College

+ Neil RUNIONS, Director @ Medxtractor Corp., resigned

+ Neil WOLFSON to Director @ IOU Financial Inc.

+ Palmer FRITSCHY to Communications Mgr. @ SkipTheDishes

+ Paul McCREA to Chief Marketing Officer @ Meta Medical Solutions VR

+ Paul PETRILLI to Pres. & CEO @ Assuris

+ Sharon HAWARD-LAIRD to General Counsel @ BMO Financial Group

+ Simon FISH to Special Advisor to the CEO @ BMO Financial Group

+ Tayfun TUZUN to Deputy CFO @ BMO Financial Group

+ Tom FLYNN to Vice Chair @ BMO Financial Group

+ Tracy JOHNSTON to CFO @ Timbercreek Financial

+ Trevor CHAPMAN to Assistant VP, Relationship Mgmt. @ Cardinal Capital Management Inc.

~

 [send us your appointment notices  kolke@facilitycalgary.com ]

+ Harry Palmer; retired oil industry executive, advocate/activist and widely acclaimed photographer; 90

+ Max Ward; legendary bush pilot/aviation pioneer, founder of Wardair; 98

+ how COVID-19 changed the HR sector

+ how should we open up the office again?

+ shame on Whole Foods who said its staff couldn’t wear poppies because that violates their dress code policy; then walked it back after overwhelming public reaction and social media started talking boycott. Whole Foods was acquired by Amazon in 2017 – and you’d think the Bezos empire would have more sense than that …

+ Nov. 25-27; Economic Developers Alberta, 2020 Conference & AGM, (virtual); info/register

+ Nov. 30; 180^th Meeting of the OPEC Conference, Vienna, Austria

+ Dec. 2-3; Real Estate Forum, Toronto/virtual; info/register

~

2021

+ Jan. 26; Calgary Real Estate Board, Annual Forecast 2021 [virtual event], Calgary, info/tickets

+ Feb. 9-11; Egypt Petroleum Show, Egypt International Exhibition Center, Cairo, Egypt; info/register/call for papers

+ May 12-13; Business Transitions Forum, Westin Edmonton; info/registration

+ May 31 – June 1; Egypt Petroleum Show, Cairo, Egypt; info/registration

+ June 5;  NSTEP’s Step Up 4 Calgary Kids Race 2020, Fish Creek Park, Calgary; watch for sign up details

+ June 6-18; CERI 2021 Petrochemical Conference, Kananaskis Mountain Lodge; program; sign up/register

+ June 8-12; Global Energy Show, Stampede Park, Calgary, info/registration

+ June 22-23; Petrochem Canada, Sunbridge Hotel & Convention Centre, Saria; info/registration

+ July 23 – Aug. 8; Tokyo Olympics – 2021 Summer Games

+ Oct. 4-6 [REVSIED DATE]; NeoCon, the Mart, Chicago; info

~

2022

+ Feb. 17-18; Canadian Concrete Expo, International Centre, Mississauga, ON; save the date

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

FACILITYCalgary FREE

FACILITYCalgary FREE

IN THIS ISSUE: Alberta COVID stats | Cenovus sale to Headwater | Enamax facility sale | Hub buys Stalco | Jupiter sold to Tourmaline | Trican staff moves | U.S. elections | Waterous’s Osum bid + Kim Moody interview  + deals + rig counts + upcoming events, appointments + REIT NEWS + ESG reports + financings + quotes + kudos

PROPERTY MANAGEMENT SERVICES - consulting, administration, and fully contracted management services

Insolvency/Workouts/Foreclosures:

- receiverships

- judicial sales

Services for Investors/Property Owners/ Buyers:

- due diligence

- workouts, collections, project management

- small portfolios and stand-alone buildings

- net lease administration

- multi-family residential

Commercial Agent | Property Manager /  Consultant | Office, Industrial & Education Facilities Specialist | Public-Private Partnerships (P3) | Commercial Property Sales / Leasing / Land + Residential Sales

Mark Kolke – Agent/Property Manager

Realtor - licensed in Alberta for Residential, Commercial and Property Management ~ under contract to MaxWell Capital Realty

+ no more listings for 2020 – please send us your 2021 events

~

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

+ The beautiful thing about learning is that nobody can take it away from you. – BB King

+ Do not focus on the issue or problem – focus on the solution and the outcome you want. Then visualize that. – Jack Canfield

+ to the folks at Statesman Group; they’ve dedicated one of their venues as The Mark McCullough Memorial Conservatory in celebration of our industry friend and redevelopment visionary, the late Mark McCullough at The Inn On Officers Garden, Currie Barracks; which would be a great place to raise a glass on Remembrance Day

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 - 2020 MaxComm Communications. All rights reserved. Domains operated by MaxComm Communications:

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 weekly newsletter

Est. July, 1999

+ Alberta COVID-19 stats: 369 deaths, 7,965 active cases of 34,160 cases to date: aggregate Alberta data – currently, 192 Albertans are in the hospital with COVID-19, and 39 of those are in intensive care units; Premier Kenny admonishes Albertans to ‘knock it off’  - potential for another lock-down and curtailment of surgeries to take pressure off hospitals …

+ Alberta did a Stage 2 relaunch, re-opening Stage 3 remains delayed because of case/infection levels; new 15-person gathering limit set for Calgary

+ ABTraceTogether – get the APP; GOA has launched an app which, if loaded on your phone, enables contact tracing in the event you or someone you’ve been near contracts COVID-19; this is something we should all consider getting on-board

+ ARC Resources Ltd. announced its 2021CapEx Budget is $375.0 million

+ Baker Hughes Co. agreed to acquire Compact Carbon Capture AS; terms not disclosed

+ Canada: there is ‘a package coming’ to offer relief to Canadian airlines and their disaffected passenger and employees … tic toc

+ Cenovus Energy Inc. agreed to sell its Marten Hills oil assets to Headwater Exploration Inc. (formerly Corridor Resources) for $100.0 million; consideration is $35.0 million in cash, balance in Headwater shares

+ Crew Energy Inc. closed the second phase of its Montney midstream asset disposition for $35.0 million

+ current energy prices; live link to current Bloomberg energy prices / OilPrice.com; crude price slump turning around, post U.S. election up-ticking for WTI and Brent6 …

+ Enmax Corp. agreed to sell its downtown Calgary District Energy Centre to Atlantica Sustainable Infrastructure plc for $27.0 million

+ HOUSING TRUTH – monthly residential newsletter: HOUSING TRUTH – CLICK HERE TO SIGN UP for our mailing list  – October issue,  September Issue

+ Hub International Limited acquired Stalco Insurance Ltd.

+ IF YOU’VE GOT LUNGS, you can get lung cancer; November is lung cancer month – learn more, and donate to support research

+ Jupiter Resources Ltd. agreed to sell itself to Tourmaline Oil Corp. for a $626.0 million value in a shares and debt transaction

+ PROPERTYlines;  – monthly commercial real estate newsletter  CLICK HERE to CHECK OUT THE October ISSUE ; Archived PROPERTYlines Issues

+ rig activity in Canada

+ rig counts (active/working) – U.S.: up 4 to 300 this week; Canada: steady at 86 this week; full breakdown

+ Seven Generations Energy announced their 2021CapEx Budget is $650.0 million

+ Topaz Energy Corp. agreed to acquire a portfolio or royalty assets from Tourmaline Oil Corp. for $130.0 million

+ Trican Well Services Ltd. brought back 200 staff of 350 laid-off employees; 150 layoffs are now permanent

+ U.S. presidential election results are being finalized; multiple media sources indicate Joe Biden will become the 46^th President of the United States; meanwhile, President Donald Trump has yet to concede as some states are still not called; meanwhile, investigations and court applications are seeking evidence of alleged irregularities and fraud amid concerns that such actions might result in orders to set aside some ballots in certain races based on date and eligibility issues. The states have until Dec. 8^th to resolve election disputes and recounts so the Electoral College can convene Dec. 14^th to finalize the election … tic toc

+ Waterous Energy fund launched its takeover bid to acquire a major stake (40%) in Osum Oil Sands Corp. at an anticipated cost of $126.0 million; Waterous already acquired 45% of Osum earlier this year

+ WELL Health Technologies Corp. closed its acquisition of Easy Allied Health Inc.

+ Cache Exploration Inc. closed $1.5 million equity financing by private placement

+ Canadian Spirit Resources Inc. closed $1.0 million equity raise and $600,000.0 shares for debt transaction by private placement

+ Falkbuilt Ltd. secured $20.0 million financing

+ First National Financial Corporation is on the market to raise $200.0 million in unsecured debt

+ InnVest Hotels LP secured $75.0 million credit facility

+ InPlay Oil Corp. secured $25.0 million debt financing

+ Intermap Technologies Corporation closed $2.0 million equity financing by private placement

+ Kane Biotech Inc. secured $1.48 million credit facility

+ Greater Toronto Airports Authority closed $500.0 million debt financing by private placement

+ McCoy Global Inc. secured a new US$2.5 million revolving credit facility

+ mdf commerce in. closed $47.8 million equity financing

+ Pivotree Inc. closed $9.0 million overallotment of its recent equity financing

+ PopReach Corporation closed $5.0 million equity financing by private placement

+ PopReach Corporation is on the market to raise $15.0 million in equity 

+ ProMIS Neurosciences Inc. closed $1.658 million first-tranche of an equity financing by private placement

+ RBC Global Asset Management Inc.’s RBC Canadian Core Real Estate Fund closed $805.0 million equity raise

+ Surge Energy Inc. secured $90.0 million in new credit facilities

+ Tervita Corporation is on the market to raise US$500.0 million in sr. secured debt

+ Topaz Energy Corp. closed $32.625 million overallotment of its recent equity financing

~

*editor’s note: names companies involved in debt 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 …

+ Nov. 13; Horizon North Logistics Inc., Special Meeting of Shareholders, Toronto

+ Nov. 25; Source Energy Services Ltd., Noteholder and Shareholders Meeting, virtual only

+ Dec. 11; Echelon Holdings Inc., Annual and Special Meeting of Shareholders, Toronto

+ Dec. 11; Rifco Inc., Annual General and Special Meeting of Shareholders, Edmonton

+ Dec. 15; Karnalyte Resources Inc., Special Meeting of Shareholders, Saskatoon

+ Feb. 23; Artis REIT, Special Meeting of Unitholders, Winnipeg

~

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

+ international photography competition 2020 – Architecture section – check out these 32 great buildings

+ government of Alberta announced short-listed contractors for a news schools package; short listed consortia will now respond to an RFP: Alberta Partnership for Learning, Concert-Bird Partners, and Plenary-Maple High Schools

+ government of Canada announced $1.75 billion in funding for internet infrastructure in remote areas

+ Aecon Group Inc. JV achieved financial close on it’s Kicking Horse Canyon Project Phase 4; $440.6 million

+ Alberta Transportation is considering road and bridge tolls for new projects; the Kenny government introduced Bill 43 (Financing Alberta’s Strategic Transportation Act) to put a structure in place allowing toll road and bridges

+ Algonquin Power & Utilities Corp. closed its acquisition of Bermuda Electric Light Company Limited

+ Enmax Corp. agreed to sell its downtown Calgary District Energy Centre to Atlantica Sustainable Infrastructure plc for $27.0 million

+ Government of Alberta announced shortlisted contractors for a news schools package; shortlisted consortia will now respond to an RFP: Alberta Partnership for Learning, Concert-Bird Partners, and Plenary-Maple High Schools

+ Government of Canada announced $1.75 billion in funding for internet infrastructure in remote areas

+ Dunkin’ Brands (Dunkin’ Donuts, Baskin-Robbins) agreed to acquire Inspire Brands (Buffalo Wild Wings, Arby’s, Sonic Drive-In, Jimmy John’s) for US$11.3 billion

+ J.C. Penny signed an asset purchase agreement with Brookfield Asset Management and Simon Property Group; expects to emerge from Chapter 11 bankruptcy process before the holiday season

+ Artis REIT continues to be under siege from Sandpiper Group – pushing for changes

+ Enbridge Inc. published its new ESG goals

+ International Petroleum published its 2019 Sustainability Report

+ Ovintiv Inc. published its 2019 Sustainability Report

+ Vermilion Energy Inc. released its 2020 Corporate Sustainability Report