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FACILITYCalgary May 27/25

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SHAKERS AND MOVERS 
appointments and disappointments 

+ Alice Woolley, Ethics Advisor @ City of Calgary, stepping down

+ Alison Reed to Director @ CGI Group Inc.

+ Blaine Coupal to Pres. & CEO @ thyssenkrupp Elevators

+ Brad Likuski to VP Operations @ Prairie Provident Resources Inc.

+ Brian Ferguson to Director @ Trans Mountain Corporation

+ Carol Anne Hilton to Director @ Trans Mountain Corporation

+ Cheryl Arcand-Kootenay to Judge, St. Paul @ Provincial Court of Alberta

+ Cheryl Dooley to Canadian Human Resources Mgr. @ Aucerna

+ Cheryl Gray, EVP of Enterprise Innovation @ QuadReal Property Group to President-Elect at IREM

+ Chris Davies to Exec. Creative Director @ Hill+Knowlton Strategies Canada

+ Christina Felice to Property Mgmt. & Leasing Communications Mgr. @ GWL Realty Advisors

+ Christopher Newman to CFO @ Morguard North American REIT

+ Christopher Newman to CFO @ Morguard REIT

+ Christopher Usih to Chief Superintendent @ Calgary Board of Education

+ David Emerson to Director @ Trans Mountain Corporation

+ David Lopatka to Pres & CEO @ Canadian Urban Limited

+ Dr. Ed McCauley to Pres & Vice-Chancellor @ University of Calgary

+ Dr. Vivian Abboud to CEO @ Alberta School Boards Association

+ Edwin Nordholm, Director @ Posera Ltd., resigned

+ François Lecavalier to Head of Project Development @ Canada Infrastructure Bank

+ Harold Calla to Director @ Trans Mountain Corporation

+ Heather Kirk to Exec. VP & CFO @ Cominar REIT

+ Ian Anderson to Director @ Trans Mountain Corporation

+ Jean-François Lemay, Pres. & Gen. Mgr. @ Air Transat, stepping down

+ Jeffrey Hauswirth to Vice-Chairman @ FPL

+ Joan Hertz to Board Chair @ ATB Financial

+ John Gordon to Director @ TORC Oil & Gas Ltd.

+ Kelly Schmitt, CFO @ Solium Capital Inc., resigned

+ Lorraine Mitchelmore to Director @ Trans Mountain Corporation

+ Marc Bergevin to VP Engineering @ Razor Energy Corp.

+ Marie-Jose Nadeau to Director @ Trans Mountain Corporation

+ Melanie Hayes-Richards to Judge, Edmonton Criminal @ Provincial Court of Alberta

+ Michael Bennett to Consultant/Marketing & Bus. Dev. @ Atlas Growth Capital

+ Michelle Christopher to Judge, Medicine Hat @ Provincial Court of Alberta

+ Morgan Campbell to Partner @ Boyden

+ Patricia Koval to Director @ Trans Mountain Corporation

+ Paul Rochon to Director @ Trans Mountain Corporation

+ Robert Sankey to Exec. VP & COO @ Burgundy Asset Management Ltd.

+ Sheri Dolomont to Director, Human Resources @ EFW Radiology

+ Stephen Swaffield to Director @ Trans Mountain Corporation

+ Sujeet Kini to Interim CFO @ Solium Capital Inc.

+ William Downe to Chairman @ Trans Mountain Corporation


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




 MEMORIAM

+ Peter Caffaro QC, lawyer, retired Edmonton Judge, Provincial Court of Alberta and philanthropic community activist; 83




 HUMAN RESOURCE + WORKPLACE TRENDS 

+ check out a great LinkedIn posting: 8 common/most costly hiring mistakes

+ does culture by design = retention? … check out this article




  GLOSSARY + ABBREVIATIONS + ACRONYMS 

+ AEMERA – Alberta Environmental Monitoring Evaluation and Reporting Agency

+ AER - Alberta Energy Regulator

+ AIMCo – Alberta Investment Management Corporation

+ ASC – Alberta Securities Commission

+ AUC – Alberta Utilities Commission

+ BBL – barrel

+ BBLS/D – barrels per day

+ BIM – Building Information Modeling

+ BOE – barrel of oil equivalent

+ Brent – North Sea crude benchmark price

+ CapEx – capital expenditures

+ CAPP - Canadian Association of Petroleum Producers

+ cap rate – capitalization rate

+ CBD – Central Business District

+ CCAA – Companies’ Creditors Arrangement Act

+ CCS – Carbon Capture and Storage

+ CEAA – Canadian Environmental Assessment Agency

+ Chapter 11 – court ordered creditor protection under U.S. bankruptcy law

+ COSIA - Canada's Oil Sands Innovation Alliance

+ CPPIB – Canada Pension Plan Investment Board

+ CREB - Calgary Real Estate Board

+ DIP – debtor in possession

+ EBITDA – earnings before interest, taxes, depreciation and amortization

+ EIA – U.S. Energy Information Administration

+ EPC – engineering, procurement and construction

+ E & P – exploration and production

+ FERC – U.S. Federal Energy Regulation Commission

+ Forbearance Agreement – a short term formalized relief arrangement when loan terms are in default

+ FSR – floor space ratio

+ FTC – U.S. Federal Trade Commission

+ GJ – gigajoule

+ GLA – gross leasable area

+ GOA - Government of Alberta

+ GOM – Gulf of Mexico

+ GTA – greater Toronto area

+ GW - gigawatt

+ G&A – general and administrative

+ HOOP – Healthcare of Ontario Pension Plan

+ IEA – International Energy Agency

+ IFMA – International Facility Management Association

+ IPO – Initial Public Offering

+ JV – Joint Venture

+ KV – kilovolt (one thousand volts)

+ KW – kilowatt (one thousand watts)

+ LEED – Leadership in Energy and Environmental Design

+ LNG – Liquefied Natural Gas

+ LPG – Liquefied Propane Gas

+ MCF – thousand cubic feet

+ MCF/D – thousand cubic feet per day

+ mezz – mezzanine debt

+ MOA – Memorandum of Agreement

+ MOU – Memorandum of Understanding

+ MT – metric ton

+ MW – megawatt (1 million watts)

+ NAFTA – North American Free Trade Agreement

+ NEB – National Energy Board

+ NGLs – natural gas liquids

+ OPEC – Organization of Petroleum Exporting Countries

+ P3 – Public Private Partnership

+ PADD – U.S. Petroleum Administration for Defense Districts

+ PPA – Power Purchase Agreement

+ PSAC – Petroleum Services Association of Canada

+ PSP – Public Sector Pension Investment Board

+ RECA – Real Estate Council of Alberta

+ REIT – Real Estate Investment Trust

+ RFI – request for information

+ RFP – request for proposals

+ RFQ – request for qualifications

+ RICS – Royal Institution of Chartered Surveyors

+ RNG – renewal natural gas

+ SAGD – steam assisted gravity drainage

+ SAIT – Southern Alberta Institute of Technology

+ S & P – Standard & Poors

+ sub – subsidiary

+ sub. – subordinated

+ tic toc – we’ll see …

+ TOD – transit oriented development

+ UDI – Urban Development Institute

+ WTI – West Texas Intermediate crude benchmark price

+ WTO – World Trade Organization

+ YYC – YYC Calgary International Airport




current week data

this  site is refreshed with a new issue every Tuesday morning


updated November 13, 2018




 TODAY'S HEADLINES


HEADLINES: Olympic Bid Plebiscite today – to vote! | Englobe acquires McIntosh Lalani | Imperial says YES to Aspen |  Velvet buying Iron Bridge + George Mylonas interview  + deals + rig counts + upcoming events, appointments + climate change + infrastructure + REIT NEWS + financings + Olympic bid progress




CONVERSATIONS

FACILITYCalgary Publisher Mark Kolke interviews interesting people. He seeks a glimpse of what drives them, how they see the world and what they see in Calgary's future:

This week's conversation with George Mylonas, Pres. & CEO @ Landstar Communities

A recent conversation with Aly Bandali, CEO @ Operation Eyesight

A recent conversation with Patty Miller from MillerNet HR Solutions

Click here to access the archive: archived conversations with fascinating Calgarians ...



 sponsors of this week's issue:

e-mail to Katherine Robinson, Managing Director

e-mail to Kim Green, Sr. Associate, Interior Design
ARCHITECTURE + INTERIOR DESIGN



CONTACT MARK KOLKE 
OFFICE AND INDUSTRIAL LEASING



click to contact: Trevor Winkler, Regional Managing Partner, Calgary
 
ACCCOUNTING, CONSULTING, TAX



e-mail Peter Gatzsch
 
COMMERCIAL INTERIOR CONSTRUCTION



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



 
DATA CENTRE

e-mail: June.Read@DataHive.ca



CONTACT MARK KOLKE 
RESIDENTIAL SALES



e-mail Lance Laliberte - Sales at PREMIERE OFFICE MOVERS
 
OFFICE MOVERS



e-mail Grant Robinson, Managing Director, Calgary
 
RISK & INSURANCE SOLUTIONS



CONTACT US
SALES COACHING



 SAVE THE DATE / upcoming events

+ Nov. 13; Calgary 2026 Winter Olympic Bid Plebiscite – where/when to vote

+ Nov. 13; Calgary Youth Justice Society – 2nd Annual ‘Strong Not Wrong’ Fundraising Event, cSpace, old King Edward School, Calgary – info/tickets

+ Nov. 14; National Philanthropy Day / Calgary ‘Generosity of Spirit Awards’, Big Four Roadhouse, Stampede Park, Calgary; info/tickets

+ Nov. 14-15; 2018 World Energy Council North America Region Energy Forum, Telus Convention Centre, Calgary; info/register

+ Nov. 28-29; Real Estate Forum, Metro Toronto Convention Centre, info/register

+ Dec. 9-10; 9th Annual Sustainable Innovation Forum 2018/COP24, Katowice, Poland; info/register

+ Feb. 19-21; 31st International Pipeline Pigging & Intergey Management Conference, Houston; info/registration

+ Feb. 21; B’nai Brith Annual Fundraising Dinner, Calgary; info – tickets/call 403-255-6554

+ Mar. 20; 2019 EPAC Awards Luncheon, Calgary Petroleum Club; info/register

+ Apr. 3-5; Economic Developers Alberta, 2019 Annual Conference, Banff Centre, Banff; info/register

+ June 11-13; Global Petroleum Show 2019; Stampede Park, Calgary; info/register

+ Sept. 17-19; Gastech Exhibition & Conference, Houston, Texas; info/registration


[send your event notices to:  kolke@facilitycalgary.com ]



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NEWS SUMMARY 
 November 6 ~ 13 


+ adrenaline – that’s what we need, a big collective shot of adrenaline in Calgary’s arm; to vote no in today’s plebiscite [whether or not the City of Calgary should bid to host the 2026 Winter Olympic Games] is to admit defeat without even getting on the horse; to vote YES in today’s plebiscite is to support taking a chance on a BHAG (big hairy audacious goal), not to guarantee a winning bid, but to authorize working to get ourselves in the game. C’mon Calgary, this is risk/reward time – some risk and enormous rewards for our city, for our citizens and for every child with a sports dream. Whether or not you remember the 1988 Olympics in Calgary, surely you remember Vancouver? It’s time to light a fire under ourselves and defeat defeatism – one vote at a time. CLICK HERE TO FIND OUT WHERE YOU VOTE.  If you vote yes, get out and vote. If you can’t vote yes, please stay home …

+ ARC Resources Ltd. announced its 2019 CapEx Budget is $775.0 million

+ Bellatrix Exploration Ltd. closed its cash and shares deal to acquired  Grafton Energy Co. 1 Ltd.

+ current energy prices – live link to current Bloomberg energy prices / OilPrice.com; crude prices are soft (9 month low!) on oversupply concerns and Saudi/Opec signals they don’t intend to back-off on production … tic toc

+ Englobe Corp. acquired McIntosh Lalani Engineering Ltd.

+ Imperial Oil Ltd. gave the green light to its $2.6 billion Aspen oil sands project; construction starting this quarter, 75,000bbl/day facility will be producing in 2022

+ Mawer Investment Management Ltd. hired advisors for explore sale options …

+ NuVista Energy Ltd. announced its 2019 CapEx Budget is $300.0 million

+ Perpetual Energy Inc. announced its 2019 CapEx Budget is $21.0 million

+ rig counts: down 2 to 196 on the week; click for full breakdown

+ Stuart Olson Inc. closed its $12.0 million acquisition of Tartan Canada Corporation

+ TAG Oil Ltd. agreed to sell a portfolio of New Zealand assets to Tamarind Resources Pte. Ltd. for US$30.0 million

+ TeraGo Networks Inc. completed its $5.7 million acquisition of Mobilexchange Spectrum Inc.

+ Tourmaline Oil Corp. announced its 2019 CapEx Budget is $1.3 billion

+ TransCanada Corporation’s $10.0 billion Keystone XL pipeline project facing another hurdle/delay; U.S. Federal Judge ruled the project stopped, pending more/better reports from the U.S. regulators due to non-compliance; a year-long delay is expected … tic toc

+ TransGlobe Energy Corporation announced its 2019 CapEx Budget is US$34.1 million

+ U.S. rig counts: up 14 to 1,081 this week; full breakdown

+ Velvet Energy Ltd. closed its acquisition of Iron Bridge Resources Inc.




THIS WEEK IN FINANCINGS 
- proposed & closed

+ Cargojet Inc. closed $75.0 million sr. unsecured debt financing

+ Concentra Bank closed $150.0 million debt financing

+ Delphi Energy Corp. closed $15.0 million debt financing

+ Firm Capital American Realty Parnters Corp. closed US$6.6 million equity financing by private placement

+ Inter Pipeline Ltd. Closed $200.0 million equity financing

+ Parkit Enterprises Inc. is on the market to raise $5.0 million by a rights offering

+ Waste Connections Inc. is on the market to raise $500.0 million in sr. debt

*editor’s note: names companies involved in debt financing transactions we report in this section are ALWAYS the borrower …




 CALGARY OLYMPICS 2026 BID WATCH 


+ please VOTE YES today!! … Nov. 13 plebiscite – you are eligible to vote if you: are at least 18 years old; and a Canadian citizen; and have resided in Alberta since May 13, 2018; and are a resident of Calgary on Vote Day; and provide one of the authorized pieces of identification

+ save the date: IOC will announce the host city for the 2026 Winter Olympic Games in Lausanne, Switzerland, June 23rd, 2019




 CONSTRUCTION NEWS + INNOVATION 

+ UL opened its newest test facility in Toronto – offers building envelope testing

+ 240-foot-tall timber high rise residential building ‘Haut’ in Amsterdam won the 2018 BREEAM Award




 INTERESTING REAL ESTATE NEWS FROM OTHER PLACES 


+ Akumin Inc. acquired five diagnostic imaging centers in Florida; terms not disclosed

+ Kingsett Capital sold Tecumseh Mall in Windsor, ON to Euopro for $37.0 million




 this week in REITS 


+ Christopher Newman to CFO @ Morguard North American REIT

+ Christopher Newman to CFO @ Morguard REIT

+ Heather Kirk to Exec. VP & CFO @ Cominar REIT

+ Slate Office REIT agreed to sell Centennial Centre and Meadowpine Corporate Centre (both in GTA) for $44.1 million

+ True North Commercial REIT closed its $35.25 million acquisition of 90,550 sq. ft. office building in Burnaby, BC




 INTERESTING THINGS IN RETAIL 


+ Cadillac Fairview announced completion of its $17.0 million food court renovation at Chinook Centre (they call it a ‘dining hall’, but it’s still a food court …)




 SHAREHOLDER MEETINGS

+ Nov. 13; RockBridge Resources Inc., Special Meeting of Shareholders, Vancouver

+ Nov. 15; Petro-Victory Energy Corp., Annual General Meeting, Calgary

+ Nov. 21; PSP Investments/The Public Sector Pension Investment Board, Annual Public Meeting, Ottawa

+ Dec. 10; Partners REIT, Meeting of Unitholders, Toronto

+ Dec. 12; Jupiter Resources Inc., Noteholders Meeting/approve recapitalization, Calgary


[send your event notices to:  kolke@facilitycalgary.com ]



 CLIMATE CHANGE + LEED + RENEWABLE ENERGY 

+ Pattern Energy Inc. agreed to sell it’s 90MW interest in the K2 Wind power facility in Ontario to Axium Infrastructure et al for $216.0 million




 QUOTES 

+ No one is useless in the world who lightens the burdens of another. – Charles Dickens

+ Think big and don’t listen to people who tell you it can’t be done. Life’s too short to think small. – Tim Ferriss




 SUGGESTIONS / COMMENTS:
 
feedback@facilitycalgary.com



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this site last updated May 27, 2025